Here is a question from Doc Reiss of Port Angeles, WA. Doc is one of the members of our Language of Luxury group on Broker Agent Social. We wanted to share this with you because this question comes up quite often.
Doc: We have about 800 homes in our two town MLS with only about 16 priced from the mid-fives to about 2.6 million. Affluent buyers want someone who is very well-versed in luxury homes, but with so few available, is it wrong to also be a great agent for lesser priced properties? I don't want to be all things to all people, but I don't want to lock myself solely into a niche that may not have sufficient inventory to maintain a viable business. Your feedback would be greatly appreciated.
R&A Seigel: We understandi what you are reaching for. It's a matter of striking the right balance. The key is to develop an upscale personal brand that is sophisticated but not pretentious. Whereas Macy's appeals to a wide range of customers, Nordstrom’s is more upscale. However, Nordstrom's does not intimidate Macy's customers. That is the balance you are looking for.
Hope this is helpful to you as well. And, thanks, Doc, for bringing it up!
GET FLUENT. GET AFFLUENT!
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