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May 5, 2015 1 CHAMBERSBURG OFFICE MEETING Transactional vs. Relational Zillow Reviews Video Commercials

Transactional vs. Relational Business

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Page 1: Transactional vs. Relational Business

May 5, 2015

1

CHAMBERSBURG OFFICE MEETING

Transactional

vs. Relational

Zillow

Reviews

Video

Commercials

Page 2: Transactional vs. Relational Business

2

WHO DO YOU REPRESENT?

Broker is . . . Agent is . . .

Page 3: Transactional vs. Relational Business

3

WHO DO YOU REPRESENT?

Your Buyer Client / BH Homesale Seller Client

X X

X X

Page 4: Transactional vs. Relational Business

4

WHO DO YOU REPRESENT?

Your Buyer Client / Co-op Seller Client

X X

X X

Page 5: Transactional vs. Relational Business

5

WHO DO YOU REPRESENT?

Your Buyer Client / Your Seller Client

X

X

X

X

Page 6: Transactional vs. Relational Business

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WHO DO YOU REPRESENT?

BH Homesale Buyer Client / Your Seller Client

X X

X X

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WHO DO YOU REPRESENT?

Co-op Buyer Client / Your Seller Client

X X

X X

Page 8: Transactional vs. Relational Business

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FRANCHISOR TV ADS

Which franchisor ad does the best job of

connecting with consumers?

Page 9: Transactional vs. Relational Business

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BERKSHIRE HATHAWAY HOMESERVICES COMMERCIAL

https://youtu.be/OsE1JX7ucMw

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HOMESALE.com

Facebook is now the 3 rd highest referring source

to Homesale.com

Videos generate the most activity on the web

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BH HOMESALE REALTY VIDEO

https://youtu.be/RbLa-7xw1aI

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NATIONAL MLS???

California just started the process of a statewide MLS

Other states are now considering

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BERKSHIRE HATHAWAY ONLINE OFFICE SURVEY

E-mail will go out on

May 8 th announcing the

survey

Survey will go out on

May 15 th and be live for

three weeks

Totally anonymous

$100 cash drawing

when office reaches

90% participation

Page 14: Transactional vs. Relational Business

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ZILLOW REVIEWS

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ZILLOW REVIEWS

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ZILLOW REVIEWS

• Biography

• Contact Info

• Listings/Sales

• Ratings/Reviews

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ZILLOW REVIEWS

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ZILLOW REVIEWS

Flier will be sent to every

buyer and seller after

settlement

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TRANSACTIONAL VS. RELATIONAL

https://youtu.be/vmvr8PK2ql0

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TRANSACTIONAL

Focuses on the relationship

Building a business for the

long-term

Meets the relational and the

transactional need

Creates an advocate

Mindset of a businessperson

Enjoys the compounding

effects

Focuses on the deal

Short-term income

Meets the transactional

need

Cashes a check

Mindset of a salesperson

Each year is unique

RELATIONAL

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TWO WARNING SIGNS OF A TRANSACTIONAL BUSINESS

1. It has been more than 6 months since you have

been in touch with a past client or more than

one year since you have spoken to them

2. More than 50% of your business is coming from

sources other than your sphere of influence (i.e.

past clients, friends, relatives, referrals)

Page 22: Transactional vs. Relational Business

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WORKING BY REFERRAL

A consistent level of contact with and care for the

people in your database, leading to a steady

stream of repeat business and referrals to their

friends and associates.

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CLIENT APPRECIATION EVENT

Reinforce a relational

business

Past and present

clients are invited

Agents/spouses/

significant others/kids

Target date: End of

Summer

Need an agent

committee to assist

Jason Rugh

Page 24: Transactional vs. Relational Business

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CLIENT SURVEYS

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WANTS AND NEEDS

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TODAY AT 11:30 AM