Episode 42 - Build Your Personal Brand!

If You List You Last Podcast

• Welcome & Episode Info:
  • Host: Bob Mangold, the Listing Coach.
  • Episode: 42 of the "If You List, You Last" podcast.
  • Topic: Personal branding – its importance and how to build it.
  • Reminder: Join the Facebook group "Real Estate Asset Advisors" for discussions.

Recruiting High-Performance Agents

• Target Regions: California, Arizona, Florida, Texas, Illinois, and Kansas.
• Opportunity: Interested in starting and growing a listing agency.
• Support: Marketing and infrastructure investment with no overrides or royalties.

Mortgage Market Update

• PCE Data:
  • Headline rose 0.15% in July, year-over-year inflation at 2.5%.
  • Core rate inflation remained at 2.6%.
  • Impact: Inflation moderating, aligning with the Fed's target.
  • Mortgage Rates: Potential drop below 6% by the end of the year.
• Existing Home Sales:
  • Sales rose 1.3% in July, median home price at $423,000.
  • Inventory slightly increased, with the market still stagnant.

Personal Branding Overview

• Misconception: Personal branding is not just social media.
• Importance: Engage with your audience, showcase expertise, be personable.
• Strategy:
  • Post content and engage with the audience.
  • Social media is a conversation – interact, don't just post.

Content Creation Tips

• Content Types:
  • Market updates, industry insights, behind-the-scenes content.
  • Client testimonials, personal stories, educational content.
  • Use tools like ChatGPT for research and content creation.
• Research:
  • Use Google and YouTube to find trending topics.
  • Focus on educating the consumer.

Community Involvement

• Branding Beyond Social Media:
  • Be known in your community through sponsorships and partnerships.
  • Consistency is key: Regularly post content to build trust.

Website Importance

• Shocking Statistic: 74% of real estate agents don't have their own website.
• Website Content:
  • Should be educational, geographically specific, and mobile-optimized.
  • Incorporate blogging for SEO and lead generation.
  • Use ChatGPT for content optimization.

Video Content & Distribution

• Video Ideas:
  • Market updates, property tours, educational videos.
  • Client testimonials and personal stories.
• Distribution:
  • Use platforms like TikTok, Instagram, Facebook, and LinkedIn.
  • Leverage tools like Simple Social Posting software.

Offline Networking

• Networking Groups:
  • Start your own if needed, use platforms like Meetup.
  • Sponsor local events, volunteer, and speak at community events.

Measuring Branding Success

• Engagement: Look for growth in followers, engagement, and business results.
• Regular Review: Consistently update and improve branding elements.
• Handling Negative Feedback:
  • Respond professionally, not defensively.
  • Understand that negative feedback is inevitable.

Final Thoughts

• Personal Branding: It's an

Join our Facebook Group at: https://www.facebook.com/groups/realestateassetadvisors
Visit our website to watch replays of our Wednesday "Elevate Business Briefings" at: www.RealEstateAssetAdvisors.org
Download a copy of my book, "If you list, you last!" at www.IfYouListYouLast.com