Showing posts with label san diego real estate blog. Show all posts
Showing posts with label san diego real estate blog. Show all posts

Wednesday, July 16, 2014

Good Orange County Realtors are genuinely interested in their clients

What is a Realtors main responsibility? Helping their client’s - it is also a question about motivation. If a Realtor is more concerned with the perks or awards (luxury corner office, better job description, top-five in sales in their region) than they are in their client’s overall well-being and financial goals; they are likely in the wrong industry or need to reevaluate why they come into the office each day. If a Realtor’s only goal is to be top-dog in sales and get that ocean-view office they have moved from being a Realtor that serves to a self-serving power-seeker.
 BanCorp Realty: Excellent Orange County Realtors
Most Realtors hate this analogy, but as professionals we are not unlike waiters in a fine restaurant. How can I serve you? Can I make some good recommendations? If a waiter in a outstanding restaurant doesn’t know the menu and wine list like the back of his hand, and gives you crummy service are you going to leave him a good tip? Are you going to come back? Are you going to recommend the restaurant to your closest friends? Waiters aren’t concerned with job titles or lush offices or being on the top-five list of waiters in Southern California. They are concerned with getting paid for excellent their excellent service and knowledge. The same will hold true for a real estate professional if they have their priorities straight: if they know the menu and wine list (the localized housing market they work in) like the back of their hand, and they are able to make great recommendations to their clients, they will get paid. If not this transaction, then the next, but they will get paid because they are genuinely interested in their clients, and their clients notice this very quickly.
 BanCorp Properties: Outstanding Orange County Realtors
Human beings are naturally inclined to want to take care of our own needs and desires first before helping anyone else. It is not a statement of fact, but it is a prevalent attitude in an industry where the professionals are paid on a strictly commission basis. There is a temptation to think of one’s own financial situation before they think about their clients anytime a Realtor signs on a new client: whether to list their home or represent them as a buyer’s agent. The majority of the time as soon as the contract has been signed the Realtor has already calculated the three-percent commission in their mind and they are going to get that commission no matter what. It is a polar-shift in thinking – and a very difficult adjustment to make – but if a Realtor is able to take a genuine interest in their client’s well being and their client’s financial success, and put their needs in front of their own, the natural end results will be many more satisfied clients and better long-term results for the Realtor.
 Greg Steinaker: Former Executive Ford Motor Company

Wednesday, July 2, 2014

Effective Real Estate Brokers ensure that their Realtors feel strong and capable.

A Realtor must be able to trust their Broker if they are going to stay with the organization over time. They must experience the Broker as believable, credible, and most importantly trustworthy. One of the ways trust is developed is through consistency in behavior – the Broker acts the same with one Realtor as he does with the next – this is also referred to as integrity. Trust is established when words and deeds are congruent – the Broker doesn’t say one thing and then do another. No real estate professional wants to work with a Broker or firm that they can’t trust. Nobody likes to work with someone they can’t rely on.
 BanCorp Properties: Aliso Viejo Custom Coastal Homes For Sale

When Brokers break trust with their Realtors, it is like the breaking of a mirror. Hit a mirror with a rock and the glass shatters. And while it may be possible to recover all the pieces and glue them back together, the mirror will always show cracks. The greater the damage done, the more distorted the image is. It becomes difficult to overcome the damage done in the relationship between a Realtor and a Broker when trust has been lost.

Excellent Realtors and top-not Brokers have a way of finding each other – birds of the same feather flock together. The best real estate companies understand that if there is no trust in real estate, there is no truth in real estate, and the company is built on sand not a firm foundation. If a real estate company has a revolving door policy for its Realtors, they will never make a difference in the marketplace because they are content with being ordinary and average – willing to accept the status quo. So, what are the best ways for a Broker to build trust with Realtors and support a healthy work environment?
 BanCorp Properties: Aliso Viejo Custom Coastal Real Estate
        
  • Maintain Integrity
  • ·        Openly communicate their values
  • ·        Show respect for fellow team members as equal partners
  • ·        Focus on shared goals more than personal agendas
  • ·        Do the right thing regardless of personal risk

The bottom line is this: the top real estate companies in California understand that building and maintaining trust with their Realtors is matter of integrity and communication. If they want their Realtors to stay with them for extended periods of time – perhaps for an entire career – they need to be consistent, open, and truthful with them.
 Greg Steinaker: Managing General Partner and President BanCorp Real Estate Group



Greg Steinaker: Managing General Partner and President BanCorp Real Estate Group – www.bancorprealty.cominfo@bancorprealty.com




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BanCorp Realty is a division of The Irvine Holding Company

BanCorp Realty is a division of The Irvine Holding Company