Beware Of Brokerage “Freebies”

As the owner of a marketing agency that mostly deals directly with Realtors® and not necessarily always with the brokerage’s, at a corporate level, there is one thing that comes up time and time again, that amazes me.  Not a week goes by that we meet with someone in person, or talk to them on the phone, and when asked about what they are doing for their print marketing, the response we get is some variation of:

“My brokerage has a deal on postcards, so we just use them. They aren’t the best, but they work.”

Let me be clear, I am not writing this article to bash brokerages.  Quite the contrary. I think brokerages are a good thing.  Many of them we deal with on varying levels are run by top notch people in the industry that really know their stuff.

The thing of it is though, that on an agent level, this is BAD branding and not doing them justice. I get it. Cheap, especially in this economy is good. But as the adage goes, “You get what you pay for”.  To those ends, here are a few reasons I propose that you strongly reconsider just going for “easy” with your marketing and build YOUR OWN brand and get noticed.

1) Your brokerage’s postcard options most likely brand the brokerage #1 and you #2

This is perhaps the biggest reason that every agent, worth their salt, should take notice and be weary.  The fact is that the postcards from your brokerage’s vendor aren’t cheap because they charge less money than anyone else.  It’s because your brokerage is subsidizing the cost of the postcards (trust me on this).

While that subsidy does make it cheaper for you to send your cards out, the price to pay is your brokerage is going to want to make sure they are getting bang for their buck. In this case, the bang for their buck they want to get is to make sure their brokerage is getting exposure. That many times means big logos and small agent photos, or limited areas for agent contact info, slogans and other branding info (e.g. a personal logo or icon may not be permitted).

Look at it this way, for a few extra bucks, you can have anything you want.  The sky is the limit.  You can have the exact layout you want, with your contact information and photo displayed, as you want.  Of course you want to do this within reason (e.g. If your brokerage’s logo is burgundy and black, DO NOT turn it pink and green), but you get the idea.

2) Your choices of layouts are most likely going to be limited

This one is a tough one.  In fairness to every brokerage out there, they plan as well as they can, and set up as many variations of templates as possible, to serve every agent’s need.  The reality is though that no two properties are the same, and the unique ones often require a unique marketing piece.  Your brokerage could have designed one million postcard templates, and I guarantee you that at one point or another, you WILL find that they don’t have what you need.

What is wrong with this? The problem is that many times, your brokerage’s printing vendor is not allowed to deviate from those templates.  This puts  you in a tough spot. Another “hooray for custom templates and branding” moment has appeared.

Having your own templates and branding gives you the flexibility to make your marketing fluid, yet your brand identity intact.  You can switch stuff up as needed, making you look like a rock star to your clients, and also keeping your branding consistent, making you look like the professional you are.

3) Computers are nice, but human beings are nicer

Another super common thing we learn from new agents that hire us to handle their branding and marketing is that many brokerage marketing solutions require the agents to log online and build their postcards themselves, on the computer, to submit to the printing vendor. This is another reason that these postcards are a good deal. A brokerage usually beats up a vendor to get the pricing as low as possible (totally fair. It’s called “doing business”).  The vendor however can’t have human beings designing these things for the agents (if they wish to continue to be profitable, and stay in business), so they put everything in an online store, and require that the agents design their products online and order them, themselves.

Anybody know the problem with this? You are correct and I am going to give you a gold star!

1) Agents are busy. They don’t have time to figure out how to use an online store. They need to delegate this to someone and let that person run with the ball.

2) Agents ARE NOT graphic designers.  While online stores are easier, the photo requirements (specific resolution of photos, or size requirements), many times make it impossible for an agent to get an order placed.  It will just keep erroring out on them, frustrating them even further.

Having a “human being” (I know, a novel idea) to help them, even if it costs slightly more, is light years easier. This gives the agent the ability to talk to someone that can interpret their needs, rather than a computer that only understands literal requests.

The net result is a project that is nicer than the alternative, gets done faster than the alternative, and frees the agent up to do other things (like conducting business). As they say my friends, “time is money”. In this case, just think of it. Even if a postcard order ended up costing you $50 extra to order it from an outside firm, that had a dedicated graphic artist handle it for you, if you were able to go out in that time and secure a new listing, rather than be strapped to a computer, clearly you see the benefit of this.
So again, I am not bashing brokerages. I am however reminding Realtors® all across America, that they are not employees.  They are running their own Real Estate Practice, where they ARE the brand. Because of that, they need to treat their marketing and branding, no differently than their brokerage approaches their own marketing.

Branding, personalized marketing, and custom marketing planning can seem daunting and tedious.  It really doesn’t have to be though. Our Leading Agent Real Estate Marketing Team has been doing  these projects for Realtors® for over 15 years. Do you need help breaking from the bonds of “Brokerage Marketing”, or would you like help establishing your own brand identity? Contact us today and we would be more than happy to assist you.

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Chris Leo

Chris Leo is a Silicon Valley, CA entrepreneur, complete workaholic, top notch marketer, type “A” personality, shameless self-promoter and never ending “connector”.

Even though he is seemingly always working, when he does take breaks, the “work hard, play hard” motto takes on a whole new meaning. His life is controlled chaos and he loves it.

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One Response to Beware Of Brokerage “Freebies”

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