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Real Estate Tips
Wednesday, October 11, 2023

7 Tips on Finding Your Unique Value as a Real Estate Agent

Finding Your Unique Value as a Real Estate Agent

Have you heard the saying, “Real estate agents are a dime a dozen?” As real estate professionals, we know that’s not true. The challenge lies in proving that to our clients. And for new agents, finding what separates you can be tricky. But don’t neglect it. Discovering your unique value as a real estate agent is the secret to laying the groundwork for a successful long-term career and rising above the competition.

 

What home buyers and sellers want in a real estate agent

Some clients believe all real estate agents offer the same services. Take the listing agent role: won’t all listing agents take photos, write a listing description, upload it to the MLS, and handle the negotiations? What’s the big deal in who you choose?

 

However, others understand the value real estate professionals bring to the negotiating table. They seek agents who go beyond the basic services. They want someone who can provide exceptional value and stand out from the crowd. That’s why you need to figure out what differentiates you and how that enhances the services you deliver in the transaction experience.

 

Here are seven tips to identify and communicate your unique value as a real estate agent, allowing you to attract and retain more clients.

 

Discover your niche

A niche is a powerful tool for setting you apart from the competition and establishing expertise. But how do you find one?

Consider what aspects of the real estate market you are most passionate about or have the most expertise in. Do you want to sell luxury midcentury properties or perhaps have a deep knowledge of a specific neighborhood or community? Some real estate professionals cultivate specialties like probate sales, bank-owned properties, or condominiums.

If you’re so new you don’t have a focus yet, that’s fine. Everyone starts somewhere. An excellent starting point is becoming a local market expert for a very specific geographical area, even down to a specific subdivision. As your skills and knowledge of the industry increase, expand your territory or transition into a niche you’ve discovered a genuine interest in.

List of real estate niches

Develop a personal brand

Creating a personal brand helps you find your unique value as a real estate agent. A personal brand is the unique and distinctive image, reputation, and identity that you cultivate and project as an individual, both personally and professionally. It’s essentially how you market yourself to the world and how others perceive you.

 

Think about it. Do you want to be known as the go-to real estate agent for tough-to-sell properties? Are you an expert in ranch land transactions? Do your colleagues know you for persistence in closing a complex deal? That’s all included in a personal brand.

 

Strong personal brands make clients remember you, but they don’t need to be over-the-top. You want:

  • Authenticity. Don’t try to be something you’re not. If you’re not a flashy suit and fast car kind of person, don’t make yourself into one because that’s what you’ve seen on TV. People know when you’re faking it.
  • Consistency. Trust and brand recognition are built when people always know what to expect.

 

How do you go about creating a personal brand? Every interaction you have with a client or colleague is part of that brand building, but you can also:

  • Share your expertise through writing, speaking, or teaching
  • Build and nurture relationships with others in your industry or field through professional organizations and community events
  • Manage your complete online presence–your website, social media, and profiles

6 Questions to help you find a personal brand

Ask for feedback

Soliciting peer, mentor, or client feedback can help you refine your personal brand and make necessary improvements. Regularly seek feedback from your clients to understand what you’re doing well and where you can improve. 

 

Even as a new real estate agent, hit the ground asking for feedback. Use this information to refine your services and continually enhance your unique value proposition. Over time, hear from others what they value in you as they navigate the real estate process. So if you hear from several people that they like how you were calm and collected or how you’re an incredible problem-solver, work that into your brand. The consistent responses shape an authentic personal brand. 

 

Zero in on the client

The clients’ needs should be kept in the back of your mind as you work through the steps above. Every person buying, selling, or leasing real estate has a problem or need for you to solve. Maybe it’s because they don’t have time to sort through all the listings; they want to only see 1-2 of the best possible homes. Maybe they want the most monetary value from their home sale. 

 

It’s up to you to recognize what your target clients want. The real estate agents that rise to the top build a bridge between their clients’ needs and the agents’ specific skills to show how it will benefit the client in a real estate transaction. Those agents use their personal brand to communicate that targeted message. 

 

Provide exceptional customer service

Outstanding customer service is a surefire way to differentiate yourself in the real estate industry. Go above and beyond for your clients by being responsive, attentive, and proactive. 

When clients feel that you genuinely care about their needs and concerns, they are more likely to refer you to others and become repeat clients.

 

Stay informed and adapt

Stay informed about industry trends, market fluctuations, and changes in regulations. Your ability to see new opportunities first and adapt to these changes will keep you an in-demand real estate professional.

 

Plus, your ability to keep clients informed of the latest changes and trends differentiates you as a knowledgeable and trustworthy agent.

 

Know your competition

Just as understanding your strengths and unique qualities is crucial, acquiring insights into what others in your specialization are doing can provide valuable guidance. 

Through analyzing competitors, you’ll identify gaps or opportunities in the market where you can stand out. Discover the strategies that work for others and where there may be room for improvement. 

Remember, competition can serve as a source of inspiration and motivation, driving you to continually refine and enhance your personal brand to stay ahead in your field.

 

Market your value as a real estate agent

Set yourself apart by targeting a niche and personal branding, and you’ll reap the benefits through a long-term career. Remember that your unique value will make clients choose you over others, so invest the time and effort to identify and communicate it effectively. Use these tips to become a go-to agent in your chosen market. 

 

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Preston Guyton