Archive for the ‘Chicagoland REALTORS®’ Category

An Open Letter to Chicagoland Real Estate CEOs

Tuesday, February 16th, 2010

The value of AgentsCompared.com to area home buyers and sellers who are looking for an agent is of course directly proportional to the level of participation by local REALTORS®. While our agent ranks have grown significantly over the past six weeks (after we began offering free Standard Plan subscriptions), we continue to employ a variety of tactics, online and offline, direct and indirect, to get the message across to Chicagoland REALTORS® that joining AgentsCompared.com is a win/win proposition for them and consumers.

I’d like to share one such effort here. Tomorrow morning executives at twelve of the largest Chicagoland residential real estate companies will receive a brief introduction to AgentsCompared.com, and a straight-forward request to encourage their brokers and salespersons to give the site a try. I plan on posting reactions – be they written or verbal replies or spikes in registrations from particular companies, in the comments below.

It will be interesting to see which CEOs are the first to understand – and act on – the value proposition offered by AgentsCompared.com to local agents. But one thing is for sure: after tomorrow, none of these companies can say they didn’t know about AgentsCompared.com or its mission to help prospective Chicagoland home buyers and sellers make more informed decisions when selecting a real estate agent.

  • Facebook
  • MySpace
  • Delicious
  • Digg
  • StumbleUpon
  • Yahoo Buzz
  • Share/Bookmark

Pros & Cons of Hiring a “Top Producer” Real Estate Agent

Saturday, February 6th, 2010

The potential benefits of using a “top producer” real estate agent (agent who has closed a significant number of deals over a finite period of time) are probably self-evident. You’d presumably be represented by a professional who knows how to get a deal done (both a listing and a sale), has “seen it all,” so to speak, and whose name recognition may prove to be that extra thing that gets you across the purchase or sale finish line.

But are there also potential drawbacks? Is it always best to hire a top producer, or agent who works for a top producer? Does being a top producer automatically make an agent the right one for you and your particular situation?

My position is probably obvious – this is AgentsCompared.com, not TopProducerAgentsCompared.com. I think there is a lot of good stuff to be said about working with a REALTOR® who perhaps could sell a home in his or her sleep. But I don’t think it automatically makes that professional the right choice for every home buyer and seller. Like most things in life, it just depends.

You won’t find a whole lot written about this subject (shame on me for taking so long to write this post!), which is why this blog post last summer from Chicagoland broker Gary Lucido really stood out. I’d be very interested in your take.

  • Facebook
  • MySpace
  • Delicious
  • Digg
  • StumbleUpon
  • Yahoo Buzz
  • Share/Bookmark

Playing to Your Strengths – Ken Tracy gets it!

Friday, February 5th, 2010

Late last week we revised our value proposition for Chicagoland REALTORS®. It’s now included on all of our agent landing pages, and will soon be making its way into some of our agent advertising. The guts of it? “Win Over Prospects by Emphasizing your Strengths.”

Within days of arriving at this new way of describing what we bring to the table for local agents, I noticed this blog post by Naperville REALTOR® Ken Tracy of Keller Williams, sharing some of his professional experiences and offering sound advice for his fellow agents.

Whether you’re in the “business” or not, it’s a quick read and inspiring story.

  • Facebook
  • MySpace
  • Delicious
  • Digg
  • StumbleUpon
  • Yahoo Buzz
  • Share/Bookmark