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Marketing your brokerage
Analyzing the Business Climate


 

Setting Marketing Strategies

Analyzing the Business Climate

Creating Your Market Identity

Planning Your Advertising

Coordinating Company and Salesperson Marketing

Developing Public Relations Strategies

Enhancing Customer Service
  Analyzing Your Current Status with Customers

Before you begin planning a marketing campaign to gain new customers, it’s important to know what past customers and future prospects already think of you. To help you understand how customers perceive your company and also what characteristics they value in a real estate company, develop a survey such as the one below.

Customer Perception Survey

First ask participants to rank different company characteristics on a scale of 1 to 5, then ask them to rate your company and three or four competitors on how well they fulfill each need. In preparing your marketing approach, give extra weight to those characteristics that customers consider most important.

Characteristics
Importance to You
Your Company
Competitor A
Competitor B
Competitor C
Salespeople are friendly.
Salesperson has average sales over $1 million.
Salesperson has more than five years experience.
Salesperson has been referred to you.
Salesperson has professional designations.
Salesperson has professional designations.
Salesperson listens and understands my needs.
Salesperson has good real estate knowledge.
Company offers financing services
Company provides assistance in securing and selecting financing.
Company offers warranties and guarantees.
Company handles paperwork correctly and in a timely fashion.
Company is well managed.
Company is a leader in the area.
Company has low turnover rate.
Company has high-class image
Company does a good job advertising homes.
Company has reputation for selling homes rapidly
Company has reputation for pricing homes correctly
Survey adapted from Real Estate Office Management, 3rd edition, Real Estate Brokerage Managers Council. Copyright 2002,Council of Real Estate Brokerage Managers,pp. 298-299. Used with permission of the copyright holder.

TIP: Don ‘t tell survey participants which company you represent when conducting the survey or it may skew results.

5 Tips for Writing Better Surveys >