Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

How are you different in an industry that offers the same service for the same price?

By Manos Findikakis
24 May 2022 | 1 minute read
Manos Findikakis

It’s a good question and is at the heart of one of the toughest challenges many agents face – finding their unique selling proposition (USP). 

The issue is further compounded by the fact many beyond the real estate industry consider all agents the same.  

We have the same purpose – sourcing and selling property. We often look the same in our business attire. We use similar marketing techniques. We are seeking to achieve the same result: selling a property for the best possible price on behalf of a vendor. 

Advertisement
Advertisement

That means, on the surface, there is little to differentiate one agent from another. 

Inside the industry, we all have access to the same tools. We list properties on the same portals, and we all have databases and off-market strategies.  

We all use professional photography, video and floorplans, and draw on the same set of selling methods, whether that’s auction, private treaty or sale by tender and negotiation. 

So, what’s different about you? Where does your unique selling proposition lie? 

I’d argue in a sea of sameness, two key factors can help you stand out from the crowd, and they play out across every piece of marketing you disseminate, and every interaction you have. 

They are quite simply voice and authenticity. 

You must run your own race

Real estate is a people industry where clients choose you because they know, like and trust you.  

The worst thing an agent can do is try to mimic someone else, rather than find their lane and run their own race.  

A lack of authenticity is something prospective clients feel. It is that little thing that puts them off, that element that doesn’t quite seem to gel, and that niggling feeling something’s not quite right that inevitably turns a possible client “yes” into a “no”. 

When you are true to your authentic personality and style, you find your voice in the marketplace. Both then separate you from the competitors and help you stand out from the crowd. 

You need to find your own tribe

There is a client for every agent and an agent for every client. The aim is not to cater to everyone but to find your ideal tribe. 

The reality is there are many personality types in real estate. If you think about it, we have all at some point met another agent and walked away wondering, who on earth would list with them?”. 

Yet sellers do, those agents might be highly successful and the type you lose listings to. 

But rather than get caught up in trying to emulate another, or being a competitor, it’s about recognising we need to be ourselves and connect with the people who want to do business with us because of the way we are. 

Finding your voice

When you know who you are, what you represent and how you operate, you understand the value that can provide your ideal tribe of clients. 

This is your USP and must be at the heart of every piece of messaging and marketing you put out into the marketplace. 

It is the combination of the unique ingredients of who you are that helps paint an authentic picture which then attracts your tribe of clients. 

A robust digital footprint

Not so long ago, a survey of past sellers by CoreLogic found that 58 per cent chose an agent based on their performance and marketplace before they even met them. 

That’s a pretty key indicator of why a strong digital footprint and brand presence is essential. 

Agents need to amplify their USP through consistent marketing, which builds the initial trust in their personal brand, whilst their market knowledge and results build them as an authority in their marketplace. 

And then it comes back to authenticity. 

Because you have found your voice, marketed it to the public, and it is authentically you, people actually get what they expect when they finally meet you in person.  

In other words, the picture marries up with the actual persona, which further builds the trust of your tribe. 

Ultimately that results in a ‘yes” from the right type of client for the right reasons.

Manos Findikakis is the chief executive of Agents’ Agency.

How are you different in an industry that offers the same service for the same price?
Manos Findikakis 2 reb
lawyersweekly logo

Tags:

Rankings
rankings
JUST RELEASED
May 09, 2022

REB Top 50 Women in Real Estate 2022

REB is thrilled to present the Top 50 Women in Real Estate 2022 ranking, which sets t ... LEARN MORE

rankings
JUST RELEASED
May 04, 2022

REB Top 100 Agents 2022

Now in its second decade, the REB Top 100 Agents 2022 rankings are the most revered s ... LEARN MORE

rankings
JUST RELEASED
May 02, 2022

REB Top 50 Agents NSW 2022

Even a pandemic has not put the brakes on the unstoppable property market in NSW, whi ... LEARN MORE

rankings
JUST RELEASED
April 27, 2022

REB Top 50 Agents VIC 2022

The COVID-19 crisis has not deterred the property market in Victoria, which has been ... LEARN MORE

rankings
JUST RELEASED
April 25, 2022

REB Top 50 Agents QLD 2022

As the property market continues to roar in Brisbane and Queensland, the REB Top 50 A ... LEARN MORE

Coming up

rankings rankings
Do you have an industry update?

top suburbs

12 month growth
Mirador
103.33%
Bawley Point
98.13%
Walla Walla
90.7%
Byron Bay
86.67%
Kiama Heights
85.93%
Greta
84.14%
Nulkaba
81%
South Hobart
78.78%
Diddillibah
76.25%
Lennox Head
73.98%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.