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Real Estate and Everything Else

Differentiation, Scarcity, and a Much Wiser Seth

When I first got into real estate I looked inside the real estate industry for information regarding marketing and how to generate leads that would hopefully turn into closed transactions. I’ve talked about the go to real estate lead generation actives preached by the coaches, trainers, brokers, and Real Estate Gurus before. Cold calling, door knocking, calling for sale by owners and expired listings, calling friends and family begging for their business and/or referrals, guaranteed sales program gimmicks. A lot of those activities lead to a lot of rejection, frustration and awkward conversations. For a quite person such as myself those activities quickly become excruciating. I avoided those actives. When you are in business for yourself a lack of people to work with means you don’t make any money.

I didn’t like the strategies and tactics the talking heads in the real estate industry were encouraging others to use. I knew I needed to find my education outside of the real estate industry. Why? You can’t claim to be different if you follow the masses, “Rip off and duplicate” is what some of the Real Estate Guru encourage. There is nothing different about that. You just look like a clone. Let’s be honest if an agent can’t differentiate themselves from other agents how in the world can they differentiate your house from other potential houses a buyer looks at?

One of the people I have just started looking into is Seth Godin, he is the much wiser Seth I mentioned in the title. He recently posted on his blog the following post.


Local scarcity

If you ran the local 5 and 10 cent store, you could count on a steady stream of customers to buy your knick knacks, notions and bobbins.

After all, you were the only game in town. And if you were the local Chinese restaurant, your delivery zone was just the right size that the only option some had for moo shu was you.

Local scarcity was sufficient for coaches, travel agents, real estate brokers, lawn care specialists and car washes.

But in the age of Amazon and online services, only the car wash and the Chinese restaurant are insulated now.

Local scarcity is insufficient. What else can you provide that makes me unlikely to click for an alternative?


What else can you provide that makes me unlikely to click for an alternative? That is great question. A lot of people view real estate agents as a commodity. That they aren’t needed. They are overpaid, obnoxious, lazy leeches that can’t be trusted. *Gasp* What did he just say?! That is the general public’s opinion of the profession. Seriously, go Google it.

I will continue to adjust what I offer in an attempt to keep people from using the alternative. I have seen the alternative and it might save you money in the form of decreased agent commission but cost you far more in lost equity because your home wasn’t prepared properly. That is why I look outside of the real estate industry for new ideas. I’ve seen the ideas inside the industry. Cold calling, door knocking, begging, pestering, gimmicks, iPhone photos (yes I’m stilling talking about this), etc. It isn’t pretty. I don’t want anything to do with that hot mess.

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