GEORGIA EDITION
EMBRACING SMART HOMES: Does New Technology Really Increase Home Value? 1 Billion-Plus Reasons Why YOU SHOULD BE ACTIVE ON FACEBOOK
COVER STORY
SHAWN BUCHAN
BE THEIR REALTOR® FOR LIFE: How to Build a Relationship With Your Clients that Will Last a Lifetime 5 Lessons from Silicon Valley to MODERNIZE AND MONETIZE YOUR BUSINESS
GEORGIA EDITION Amy Buynoski is proud to congratulate
Shawn Buchan 7
SHAWN BUCHAN on being featured for the state of Georgia in Top Agent Magazine!
CONTENTS 4) EMBRACING SMART 19) 1 BILLION-PLUS REASONS HOMES: DOES NEW Amy Buynoski, NMLS# WHY YOU SHOULD BE ACTIVE 545254 TECHNOLOGY REALLY ON FACEBOOK Vice President-Mortgage Banker, Fidelity Bank INCREASE HOME VALUE? 678 - 249 - 7457 (direct) | 678 - 298 - 7092 (fax) 22) 5 LESSONS FROM SILICON Amy.buynoski@lionbank.com ® 15) BE THEIR 1000 REALTOR VALLEY TOGAMODERNIZE AND Mansell Exchange West Ste. 360, Alpharetta, 30022 FOR LIFE: HOW TO BUILD MONETIZE YOUR BUSINESS A RELATIONSHIP WITH YOUR CLIENTS THAT WILL LAST A LIFETIME Phone 888-461-3930 | Fax 310-751-7068 mag@topagentmagazine.com | www.topagentmagazine.com No portion of this issue may be reproduced in any manner whatsoever without prior consent of the publisher. Top Agent Magazine is published by Feature Publications GA, Inc. Although precautions are taken to ensure the accuracy of published materials, Top Agent Magazine cannot be held responsible for opinions expressed or facts supplied by its authors. To subscribe or change address, send inquiry to mag@topagentmagazine.com. Published in the U.S. 2
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Embracing Smart Homes:
Does New Technology Really Increase Home Value? Technology and innovation move at a lightning-fast clip, so it can be hard to keep up with all the smart-home trends sweeping the market at a given time. From smart thermostats to security systems accessed through an app on your phone—there are endless options to customize and update your home for the modern era. But which, if any, of these smart home products add 4
value to property in a significant, worthwhile capacity? Especially with new generations of the same products released in quick succession, it can be hard to determine whether it’s worth it to take the plunge. With that in mind, we’ve conducted a deep-dive into the smart home options out there that make the most sense for your bottom line and real estate investments.
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Smart home amenities range in price and return. There are certain smart home products that won’t break the bank while still adding lovely touches and time-saving features to your space. For instance, a smart thermostat may not run more than a few hundred dollars, but it can take so much of the guesswork and analog nuisance out of programming your home’s internal environment. That said, buyers selling properties with mid-range amenities like this can’t expect a windfall in return. While smart home features can certainly lure buyers and give the sense that a home is attractively modern (and thus move-in ready), it doesn’t mean that you’ll be reaping a sizable monetary reward for your foresight. Conversely, this reality doesn’t mean those smart options
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are without value entirely; it just means that the value of smart home options may be apparent in a different capacity, like luring a particular buyer or creating a desirable, sleek image for a property headed to market. On the other hand, larger scale smart home amenities that are being left behind for the buyer—like a smart refrigerator or wired sound throughout the property—may be able to lure particular buyers who value high-end details. While it can be difficult to state definitively the value of smart home options, the rule tends to be that the more you put in, the higher the likelihood you’ll reap the investment you sow. Focus your smart home options on home appliances first, then work your way toward security, thermostat, and entertainment options.
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Smart home amenities capture the attention of buyers
Agents must know how to pitch the value of smart home options
Even if you have mostly opted for small or mid-range smart home options, you can still benefit from their presence in a property—even if they don’t inflate your bottom line as a result. Smart home amenities have the power to focus the attention of buyers, sending a clear signal that the previous owners were tech-forward and made an effort to upgrade the property for the contemporary era. Millennial or Gen Z buyers especially value these up-to-date modifications, and the presence of these desirable gadgets can create added interest and drive up value naturally. Likewise, featuring these options in listing photography can also drive interest from younger or high-end buyers looking for move-in ready spaces.
Remember that smart home features are relatively fresh to the market. While some new construction properties are equipped with these smart amenities, just as many homes on the market don’t offer these upgrades and modern flairs. This means that many buyers, of all ages even, aren’t familiar with the benefits and perks of these options, let alone how they’re operated. Before you can derive value from a smart home or smart home features, you’ll need to understand a product’s proper usage, cost, and benefits. Do your homework regarding what smart home features can offer in terms time or cost savings, and be able to show prospective buyers how easy these objects are to use, as well. Do both, and you’ll be in proper command of what smart home features can offer buyers and pitch them accordingly.
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SHAWN BUCHAN Top Agent Magazine
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Nashville native Shawn Buchan was working in the corporate field when she and her husband were relocated to the Atlanta area. Shawn always had an interest in real estate and finally decided to take the plunge and earn her license back in 2008. Amidst a trying time in the industry, Shawn persevered, writing her first contract within thirty days of launching her enterprise. Throughout the downturn, she sharpened her skills and built a repertoire through sheer diligence, from cold calls to work with foreclosures and HUD properties. As a result of her efforts, Shawn was awarded Rookie of the Year in the state of Georgia, and has since built a sterling reputation for honest, preserving service that wins hard results. What’s more, she has collected numerous accolades along the way, including the 2013 Five Star Professional Award, the 2015 Rising Star Award, as head of the #3 Mega Team of 2017, and as a Top 50 Agent in Atlanta.
Shawn Buchan 8Copyright Top Agent Magazine
Today, Shawn heads a tightknit team that includes six buyer agents, a marketing professional, and an inside sales lead, all serving the greater North Georgia region. For her part, Shawn has managed to net 80% of her business through repeat and referral clientele, a demonstrable track record of success to date. To account for this accomplishment, Shawn cites communication, superlative service, and authentic client relationships as the central tenets of her working style. “I’m very hands-on and proactive,” Shawn says. “It’s incredibly important to me that all my clients have fivestar client service, from start to finish. We really nurture our clients through communication, positivity, and by creating a low-stress, streamlined process.” In fact, keeping in touch with clientele past and present is a core value of Shawn’s practice. In Top Agent Magazine
addition to monthly mailers stocked with promo items and the chance to win prizes, clients also enjoy appreciation events in the spring and fall. In the spring, Shawn’s clients are welcomed to a baseball game and an all-you-can-eat buffet. In the fall, clients celebrate the autumn season festival-style, which includes pumpkins, prizes, a food truck, and fun for the whole family. Of course, Shawn leaves no stone unturned when it comes to engagement and demonstrating her gratitude. Clients who refer others are treated to a meal, while social media and special occasion cards Top Agent Magazine
offer Shawn a chance to reach out on a regular basis. “I’m passionate about helping families and making their dreams come true,” Shawn says of her clientele. “I get excited to be part of such a big milestone in my clients’ lives, and I make sure they’re well represented. It can feel like a stressful process, but it’s my job to hold my clients’ hands and walk them through the whole process, making sure it’s a low-stress, streamlined, and positive experience.” When it comes to marketing, Shawn and her team cover every base, from pre-listing to the Copyright Top Agent Magazine9
closing table. Shawn’s process begins with a home inspection and options for staging, followed by professional photography and drone video tours that showcase properties in their best light. From there, Shawn leverages the power of digital marketing to reach a wide audience, enlisting the influence of targeted and promoted ads across search engines, social media, and the online listing platforms. All told, listing presentations are immersive, readily accessible, and leave prospective buyers with a memorable first impression. Copyright Top Agent Magazine Copyright 10
Giving back is of foundational importance to Shawn and her team. Together, they volunteer and contribute a portion of every commission to Kares 4 Kids, a charity within KW-Atlanta Partners. During the holiday season, Shawn and her team also sponsor families experiencing hardship, nominated by clients. Likewise, the team contributes to organizations such as North Gwinnett Co-Op, Sak Kids Hunger, Village of Hope, and Boys & Girls Club. In Shawn’s remaining free hours, Shawn most enjoys time with spent with loved ones, family Top Agent Magazine
trips to Florida, and cheering on her boys at baseball games. Planning for the years ahead, Shawn has aspirations to continue growing her team and imprint, with hopes to open their own office space in the near future. “We want to keep growing, keep providing excellent customer Top Agent Magazine
service, and keep getting involved in our community,” Shawn says. “At the end of the day, I want our number one focus to be on creating a positive experience for our clients.” Now, with a decade’s worth of experience behind her and an abiding passion for her chosen field, the future is bound to be bright for Shawn Buchan. Copyright Top Agent Magazine 11
To learn more about Shawn Buchan email Shawn.Buchan1@gmail.com, visit NorthGeorgiaHomeListings.com, www.
https://www.facebook.com/shawnbuchankw/ call (678) 661 – 1459, or visit her Facebook page here.
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Tana Hubbard is proud to congratulate
Shawn Buchan
on being featured for the State of Georgia in Top Agent Magazine!
Tana Hubbard Branch Sales Manager | NMLS #195097 404-886-8199 (Cell) | 866-770-4756 (eFax) thubbard@acopiahomeloans.com acopiahomeloans.com/thubbard GRMA# 24901 www.
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Amy Buynoski is proud to congratulate
Shawn Buchan
on being featured for the state of Georgia in Top Agent Magazine!
Amy Buynoski, NMLS# 545254 Vice President-Mortgage Banker, Fidelity Bank 678 - 249 - 7457 (direct) | 678 - 298 - 7092 (fax) Amy.buynoski@lionbank.com 1000 Mansell Exchange West Ste. 360, Alpharetta, GA 30022 14
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Be Their REALTOR for Life: ®
How to Build a Relationship with Your Clients That Will Last a Lifetime In the world of real estate, an agent’s relationship with their clients can make or break their career. This industry revolves around working well with people, and being able to develop a strong relationship with your clients is the foundation that you business is based upon. Just like with a house, if that foundation is weak, the rest of the structure is also going to be unsteady and fragile. The mark of a good REALTOR® is their ability to build up a good referral network and following of loyal clients. This isn’t something that just happens by accident. Building healthy, strong relationships with your clients takes work and knowing how to gain another person’s trust, respect, and friendship. Here are some ways to make sure you are building the right kind of relationship with your clients. Top Agent Magazine
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1. Use Your Friendliness and Optimism to Win Them Over: No one wants a pushy, overly confident salesperson for a REALTOR®. Clients are much more inclined to put their trust in the hands of someone who is friendly when it comes to one of the biggest financial transactions of their lives. A pleasant, outgoing disposition will win you more clients as well as friends. You want to establish rapport in the first few minutes of first meeting prospective clients. Rather than starting with business right off the bat, begin your meeting with some small talk such as similar interests, hobbies, and family life. This will immediately help to put your clients at ease, and show that you are not simply trying to “sell” them something. People also respond well to optimism. During what can be a very stressful time, clients need someone to help them stay positive when a situation looks difficult and challenging. Optimism also tends to radiate charisma, and people want to be around and do business with charismatic people. You want to learn how to understand, motivate, and inspire people.
2. Be an Inquisitive Learner and an Empathetic Listener:
out any potential concerns they might have. After you’ve gained as much information as possible, you can then gauge their interest in your possible solutions by asking “what if” questions. Being inquisitive also demonstrates to your clients that you are genuinely interested and invested in their situation. On the other side of this coin is knowing how to listen empathetically. Empathy involves actually putting yourself or your mind in their shoes so you can genuinely understand their concerns, needs, and opinions. That understanding and empathy is then reflected in your conversation with that client. Your clients want to know that you care about their situation, and that they’re not just another sale for you to make. People are much more willing to put their trust in you when they can sense that you are actually making an effort to feel what they feel in order to understand their situation. Showing your interest through questions, and then thoughtfully listening goes a long way towards gaining trust. Showing empathy and acknowledging the feelings and emotions involved in your clients situation helps build a relationship founded on genuine care and trust.
3. Watch for Nonverbal Clues:
Don’t be afraid to show your curiosity and ask your clients a lot of questions. Some of these questions may even be difficult and uncomfortable. You want to discover and learn as much as you can about your client. Don’t make the mistake of jumping straight into the role of the know-it-all. Every different client has unique needs, so you want to learn as much as you can about their specific situation before trying to propose a solution. You want to uncover their primary motive for buying or selling, and flush
Most communication happens nonverbally, so knowing how to interpret your client’s body language can be incredibly helpful. Here are a few things to pay special attention to: Eye contact: Be careful with the level of eye contact you use with clients when first meeting. Too much and too little eye contact can send the wrong impression. You want to try and maintain eye contact around 70 percent of the time. That is the amount that most people are comfortable with. Pay attention to your client’s level of eye
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contact to determine how comfortable they are. When someone avoids eye contact that could mean they are not engaged in the conversation. A good way to quickly build a feeling of rapport when first meeting clients is to make eye contact when you first meet them and then start nodding yes to what they’re saying. If the client reciprocates the eye contact and nodding, you’ve established a connection.
4. Prove your honesty and credibility:
Choose the right handshake for each client: One handshake does not fit all people, and that first handshake can be crucial to making a good first impression. The way to do a good handshake for each client is to try and mirror the other person’s handshake in strength, keep your shoulders aligned as you are preferably standing when you shake hands. While you shake your client’s hand make sure you make eye contact and give them a sincere smile.
Showing a little weakness can actually be to your advantage in this situation, and will actually make others more inclined view you as honest. You don’t want to come across as too good to be true. When revealing this weakness, however, the key to coming out on top is turning what sounds like a weakness into a strength. For example, your service may be more expensive, but that’s because you offer more personalized and extra services than your competitors.
Honesty and integrity are the two traits that 98 percent of buyers and sellers report are qualities they consider “very important”. The thing is you can say you have these traits all you want on your website, bio, etc., but trust has to be earned, and the only way to do this is to prove your credibility.
Here are a few tips for how to sound more credible:
When you talk to your clients avoid using filler words such as “um” and “uh”, which can decrease your credibility. You also want to watch the tone of your voice. People tend to translate a deeper tone as sounding more credible.
You want to develop a relationship to last a lifetime when interacting with your clients. There are many things you can do to accomplish this, and using these tips can take you from getting just a few referrals and repeat customers to gaining a loyal client following. Taking the little extra time to make sure you are projecting the right attitude and making sure that you are doing things to gain your client’s trust can make a world of difference for your business. Top Agent Magazine
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1 Billion-Plus Reasons Why You Should Be Active on Facebook By Bubba Mills
The number is staggering and potentially career ending for REALTORS® who ignore it: 1,440,000,000. That’s the total number of monthly active users on the social medium Facebook. That number alone is reason enough to use it regularly in your real estate business. But Facebook can also help turn you into the expert in your community. Just by sharing knowledge and relevant events about the community you can become the go-to source for all things local – a perfect way to capture the attention of prospective buyers. Plus, Facebook advertising also gives you tons of targeting layers like age, location, recent life events and interests. Plus, it constantly adds new targeting filters and functions that help you reach even more niche prospects who closely meet your customer criteria. Talk about pinpointing a target audience. Top Agent Magazine
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Another Facebook real estate ad tool is Website Custom Audiences that lets you create Facebook ads that target users who have visited your website. And several apps specifically for Facebook have emerged. Consider these: • Heyo.com: Helps you host contests, showcase promotions and high-
light special offers. • Woobox.com: Let’s you easily create quizzes and other fun tools for engaging content. • Pagemodo.com: Helps you make your Facebook business page both sleek and stylish and tabs allow for easy lead capture. But the latest offering is just as cool. It’s called Facebook Live and it lets you stream live video on the internet. I recently wrote about Periscope, another live video streaming app, but when you use Facebook Live you’re automatically featured at the top of Facebook users’ news feed. What’s more, statistics show that live video is viewed more than recorded video. How can REALTORS® use Facebook Live? Open Houses: Broadcast a walk-through of a new listing
and highlight all the great features.
Webinars: Host live webinars targeted to buyers and sellers. They can sub-
mit questions just like a real-life seminar.
Real Estate Talk Show: Offer the latest news in the industry plus share lo-
cal events and your newest listings. In short, become the Lester Holt or Diane Sawyer of real estate in your town with your own “TV” show! Facebook offers these tips for using Facebook Live: Promote: Tease upcoming Facebook Live broadcasts for more viewers. Plan better: Take time to plan what you want to do in the video, whether
it’s a few key talking points or to have a few questions ready ahead of time in a Q&A, in case incoming comments slow down. 20
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Invest in some equipment: A shaky live stream turns off viewers so con-
sider a tripod or other stabilizing tools, especially if you’re taking viewers on a tour of an open house. And check the shot before going live.
Get the lighting right: If you’re indoors be sure you have plenty of good
lighting and avoid a lot of light directly behind you because it’ll wash you out.
Sound good: A common mistake for beginners is overlooking sound.
Consider an external microphone to make sure your viewers can actually hear you. And if the live option makes you a little nervous, you can also stream pre-recorded videos. Hey, that has worked like a charm for TV for decades. Some businesses promote their web series to “air” on Facebook Live at a certain time like TV shows. After they are streamed, Facebook Live videos function as normal Facebook videos. Some business owners believe videos may perform better if they begin as live ones. NowThis, a news company that publishes entirely on social platforms, experimented by streaming a 38-minute compilation of its favorite viral videos via Facebook Live. The stream received over 20,000 views and over 500 comments, according to Facebook’s counters. Yes, all the new-fangled internet tools, apps and options for REALTORS® can be a bit overwhelming. Just take it one step at a time and you’ll slowly be right there in the business-winning mix. E-mail me today at Article@CorcoranCoaching.com and I’ll send you more free information about how technology can help your real estate business. Copyright©, Bubba Mills. All rights reserved.
Bubba Mills is the CEO of Corcoran Consulting and Coaching Inc. (www.corcorancoaching.com/programs, 800-957-8353), an international Real Estate, Mortgage, and Small Business coaching company committed to helping clients balance success in business, while building value in life. Bubba Mills is a nationally recognized inspirational and education speaker, coach and mentor to the top real estate agents and mortgage companies. To find out more about Corcoran Consulting & Coaching, call 1-800-957-8353 or visit us at www.CorcoranCoaching.com. Top Agent Magazine
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5 Lessons from Silicon Valley to Modernize and Monetize Your Business Silicon Valley may be the region for disruptors, tech entrepreneurs, and futurists, but even the most forward-thinking, abstract companies are still businesses that have to keep tabs on their bottom line. There’s much to learn from America’s fastest-growing sector, and even if Silicon 22
Valley seems like a world unto its own, there are key lessons prime for adaption in your own endeavors. Below, consider a few ways to translate the trends and teachings of Silicon Valley for your own business, and reap the rewards in the process.
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1. Diversify your value Real estate is a business built on relationships, but your relationships will go stale if the only thing you communicate is you interest in making a sale. In order to sustain relationships for the long term, you’ve got to remain valuable to your clients beyond the transaction. Serve as a local resource, not just a salesperson or real estate expert. Ensure your marketing materials, social media presence, and communications offer useful, relevant, and original content your clients will benefit from. What’s more, vary your communications so that every time you reach out it’s not just about new business or a referral.
2. Company culture matters Silicon Valley tech giants always emphasize the importance of company culture—not just as a way of drawing and retaining talent, but also as a way to appeal to clientele. What are your company’s values? What do you stand for? How you’re positioned in the marketplace is becoming just as important as what you do and how well you do it. Your company culture is part of your branding, and your brand should feel clear and composed to clients eyeing your services.
3.Think big picture More and more, clients want to have an experience, not just a transaction. When it comes to buying a home, this means they care more about a property’s bedroom and bathroom count. As an agent, consider showcasing properties in terms of lifestyle. What neighborhood amenities are nearby? What opportunities are there for community involvement? How does public Top Agent Magazine
transportation stack up in the area? Before making the purchase of a lifetime, clients want to envision a complete lifestyle.
4. Leverage multiple platforms By now, you probably recognize that social media is not afterthought. Your social media presence should fit your brand and voice, interact across platforms, and actively engage with your audience. In other words, if you want to reap the benefits of social media, it’s not enough to post a few times a month and walk away. Active engagement means responding to comments, interacting with your followers’ profiles, and posting original content beyond a sales pitch. Likewise, you’ll want to be active across multiple social media platforms and ensure that your profiles are interconnected. That way, you’ll be working from a unified voice and brand.
5. Reputations rule the roost Never underestimate the power of word-ofmouth marketing and testimonials. If you haven’t asked for feedback from past clients, and you aren’t sharing positive testimonials and reviews—you’re missing out on one of the most powerful tools at an agent’s disposal. You can pitch the virtues of your working style all day long, but those courting your business want to hear about positive experiences from the client’s perspective. If you want to take your business to the next level and maximize the twenty-first century values of a company on the rise, look to the lessons of Silicon Valley to get your start. There are always opportunities to innovate, and doing so will help you break from your routine and stand apart from the pack.
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