Branding
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In today’s highly competitive real estate market, you are one of many (thousands) realtors that compete each day in the mind of prospective buyers and sellers. So how do you as a realtor “stand-out”?
The American Marketing Association (AMA) defines a brand as a "name, term, sign, symbol or design, or a combination of them intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of other sellers.
Why Brand is Important
- Stands for that perception, emotion—the immediate image people experience when they think of you, your team or broker/ owner
- Represents tangible and intangible aspects and qualities of your services
- Represents the combination of perception and feelings image, quality, lifestyle and status
- The reason brand is often hard to define, is because it represents intangible qualities- often hard to grasp and clear to describe
- A strong brand is when no other service on the market comes close to yours
- Brand creates trust and a strong emotional attachment to you, your team or broker/ owner - not just logical or intellectual reasons
- Can command a higher commission and significantly increase productivity
- In the real estate market a strong brand leads to customers trusting you and creates expectations about your service- not knowing all service specifics
- Branding will help you create strong loyalty and mind share with your buyers and sellers, and will automatically think of you first
The choice of a great brand/ name/ logo can be powerful- think of it as a one-word commercial. Characteristics such as colors and shapes can help support a brand with their psychological affects on the target market.
Strong Verbal Brands |
Strong Visual Brands |
Tissues “Kleenex”
Cola “Coke”
Gelatin “Jello”
A copy “Xerox”
Bandage “Band-Aid”
Search “Google it” |
 
 
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