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Dear Mr. Internet,
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As a broker/officer, how do I motivate my sales associates to
take full advantage of this wealth of new customers available through the
Internet? |
Dear Ginny,
The issue of how to turn real estate sales associates into
effective, Internet-savvy practitioners has been plaguing brokerage owners and
managers since the first days of the Web. Until recently, it has been an
exercise in frustration, with some managers convinced they�ll never get most
associates past using e-mail.
But today, 70 percent or more consumers use the Internet as part
of their real estate buying/selling process, according to a recent California
Association of REALTORS� study, �Internet
vs. Traditional Buyers". So not having your sales associates fully up
to speed on the Net is no longer an option.
There is an answer to this dilemma, however, and it has a lot
more to do with human nature than technology.
Just Like Herding Cats
As you well know, real estate people are very independent and getting them to do
or learn new things (as a group) is a lot like, well... herding cats. (In case
you need a reminder of just how difficult that is,
CLICK HERE to view a hilarious video on the subject.)
But that doesn�t mean it�s impossible. The first step to
successfully transitioning your entire sales force to being excited and effective
on the Internet is to identify who the three types of "cats" that are
in your organization. They are:
- Cool Cats - love and embrace change. They are hungry to
learn everything they can�including new technologies--to further their career.
This is the group that you work with first;
- Tom Cats - are the "fence sitters," the ones waiting to see
how it works for someone else before they will commit to anything new. Sales
associates in this group will eventually come around (curiosity always kills
the cat...). But until they do, just leave them be; don�t force them to take
any kind of Internet training;
- Fat Cats - are the top producers who know the score and are
often quite comfortable with the hard-won methods they�ve used to generate
large amounts of business. Once again, just leave this group alone; they�ll
either eventually adjust or retire.
The key to getting everyone in your company to embrace the
Internet as a powerful way to do business is to train your "cool cats" and
ignore the rest. As counterintuitive as that might seem, it has been shown
to work time and time again for brokers who have embraced this approach. It
works because these �cool cats� become the Internet leaders. And just like in
real herding, if you get the leaders going in the right direction, most of the
rest of the pack will follow.
Your Elite Core Group Of Internet-Savvy Agents
But to get the leaders going in the direction of sophisticated
Internet use, you have to structure your program to reinforce the idea that
being tech savvy is cool. In addition to providing comprehensive Internet
training, you want to find ways to set these cool cats apart, to make them feel
like the technology elite of your company both to themselves and to your other,
less high-tech associates.
Think in terms of creating your own "Navy Seals" of
Internet-savvy associates. Make this elite group hard to get in and easy to get
kicked out of if you don�t keep up.
- Screen individuals for entry into your elite group. Look for people who
embrace change and are high energy;
- Get a written agreement from each group member outlining their commitment
to complete the training and share their knowledge within the group. The
agreement should have accountability requirements along with consequences if
they fail to meet their responsibilities;
- Provide regular, in-depth training on the Internet and other technologies
that can enhance customer service and productivity;
- Set specific standards for online interaction competence �such responding
appropriately and in a timely fashion to e-mail queries and having a personal
Web site.
The elevated status of our cool cats should come with certain
privileges and responsibilities. For example, this group has the best skills
for handling online leads generated by your company�s Web site, so one of the
"perks" could be exclusive access to this source of new business. However, to be
part of the group, they must also respond to these leads within a certain time
period. Otherwise they lose their privileges.
Soon you�ll have everyone clamoring to join and ready to acquire
the online skills to be part of the process. The first group will probably be
about 5 or 10 percent of the company. And each time you add another 5 or
10 percent of your sales force. Eventually you may even have to set up several
elite groups of Internet-savvy associates focusing on different aspects of
technology. And the best part is, you did it without begging, cajoling, or
threatening your sales associates in any way�effectively removing all
frustration from the process.
While the above is a good overview of how this works, the devil is always in
the details. Fortunately a structured approach already exists to help you
create your own Internet-savvy groups without having to reinvent the wheel.
mrinternet! Groups
While this basic approach to elite Internet groups may get your
company where it needs to go technologically, the devil is always in the
details. I first wrote about the idea of using elite core groups of
Internet-savvy real estate associates as a means of introducing technology to
brokerage in 1998. (To view a PDF version of �white paper� written for Intel on
the impact of technology on the real estate industry,
CLICK HERE).
However, I soon realized that most real estate companies needed
more than a conceptual framework to set up a group of Internet-savvy
practitioners. So in 2001, I created a program for real estate brokerages called
"mrinternet! Groups". This plan essentially handles all the details of starting,
running, and leveraging the power of elite core groups. It also includes a
comprehensive 18-month Internet training curriculum. (CLICK
HERE to read more about this program)
Broker/owners who implement the idea of elite groups of Internet
users have realized just how easy it can be to get sales associates eagerly
using the Internet to do business. And when Internet use increases, satisfied
customers and a more profitable business are almost certainly the byproducts.
Article Resources
Intel White Paper - the seminal "White Paper" that shook the real estate
industry.
mrinternet! Group PDF - a brief overview of how you can quickly and easily set up
your own elite core group of Internet-savvy agents.
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