SPONSORS
The Ultimate Listing Presentation
Master listing agent reveals the actual listing presentation that landed him 114 listings his first calendar year in real estate--all at 8% or more! Learn from one of the top listing agents in the country. Now available in e-Book format. ...
http://newsgeni.us/sponsor
The Science of Online Marketing
Learn the secret to capturing over 100 new customers every month from your web site. Learn from one of the industry's most respected experts in online marketing. Now available in e-Book format....
http://newsgeni.us/sponsor
SPONSORS
The Virtual Office Model
Leading author, trainer, and broker discusses how the traditional model has failed agents, and how you can be a part of the emerging solution. Learn where the real estate industry is headed in this new e-Book release....
http://newsgeni.us/sponsor
Want My Real Estate Advertising Dollar? Show Me the Money   
By: Jennifer Allan
 

A few months ago, I was approached by a state Realtor association - New York, maybe. Well, it wasn't actually the association. It was the marketing firm for the association, trying to sell me ad space in their magazine.
 
The nice man with the heavy New Yawk accent threw out a bunch of numbers and statistics and options, trying to entice me to spend several thousand dollars advertising in the magazine--readership, distribution and such. Oh, several thousand dollars is out of your budget? Okay, well, we also offer very effective classified ads for a fraction of the cost (but still several hundred for a 3-line ad or something like that).
 
Okay, well... I've spent a lot of money on print advertising in my life and I can honestly say that NONE of it has worked for me. In fact, it's rare that it even pays for itself, much less generates a profit. But, hey, I'm open to new venues for business, so I made this proposal to Mr. New Yawker:
 
"Sir (okay, I didn't really call him sir), I'd be happy to give your magazine a try, but I don't have that kind of budget to risk and in my experience, print advertising is a waste of money. But if you're sure that an investment in your magazine will pay off for me, how about you run an ad for me for a few months and if it generates business for me, I'll be delighted to pay for it. And, obviously, if it's producing results, I'll continue paying for it."
 
Well, as you can imagine, that didn't fly. Didn't expect it to, but thought I'd give it a shot.
 
When you work in an industry where you only get paid if you perform; you're much less excited to pay upfront for something that might NOT perform. And, since so much advertising simply doesn't work, I'd love to see the marketing/advertising industry adopt a policy of showing US the money before asking for ours...
 
Crazy? Maybe. But I'm from Missouri - the Show Me State!



Jennifer Allan
Jennifer Allan is a real estate broker, published author, trainer and speaker. Jennifer enjoyed a successful real estate business in Denver, Colorado without relying on cheesy sales-pitches, aggressive closing techniques or making a nuisance out of herself among her social network. She assures like-minded real estate agents that they can succeed without changing who they are or becoming someone they don't recognize.

You can learn more about Jennifer's books and philosophies at www.SellwithSoul.com.


More Sell with Soul Articles


Persistence Pays Off? Eh, Maybe There’s a Better Approach
Everyone has heard how you have to be in someone’s face at least 7 times before they’ll buy from you. The other day I read a story in a business magazine about an advertising salesperson...

Ten Ways to Show Your Seller You Don't Care
Now that the listing agreement is signed and your for sale sign is in the yard, you're done, right? On to the next prospect to wow with your fancy listing presentation and 132-point marketing plan! Of...

Quid Pro Quo? Do So With Caution.. or Not At All
A few months ago, I got a phone call from a fellow real estate trainer-type who had a wonderful opportunity for me. ...

I'm Too Sexy for Your Script
Let's talk about scripts. I think they have a place in the human experience - we all use scripts every day, in both our personal and business lives. “Hi, how are you?” is a script, as is...

Want My Real Estate Advertising Dollar? Show Me the Money
A few months ago, I was approached by a state Realtor association - New York, maybe. Well, it wasn't actually the association. It was the marketing firm for the association, trying to sell me ad space...

Ten Tips to Being a Good Refer-ee
Everyone loves referrals. There’s nothing more exciting than getting a call from an agent across the country who has a slam-dunk buyer or seller lead to send your way. Sure, you’ll get to...

Dear Real Estate Professional
A few months ago, I posted a Help Wanted ad for a graphics designer on www.Guru.com. If you've never used Guru - it's a wonderful resource! Basically, it's on online database of freelancers who are...

Why Did My Friend Hire Someone Else?
Ooooooh... it hurts. It hurts a lot. When someone you know hires someone other than wonderful YOU to represent them in the purchase or sale of a home. It's painful - I know it is. I've been there...