Even Real Estate Agents need a Mission Statement (MVVBP)

By
Real Estate Agent with The Ballen Companies, TBG, TBM, ASAN S.0075212
http://actvra.in/4962

 

Even Real Estate Agents need a Mission Statement (MVVBP)
by Lori Ballen

MVVBPYour Mission, Vision, and Beliefs

In most real businesses, a company decides "who they are" before they go into business. This is not the case usually with real estate agents. Real Estate Agents should know that they are indeed a business and there is power in having a business and treating it like one.

Let’s talk about your Mission, your Vision, and your Beliefs. It’s important you are clear on this, so that the consumer feels the energy of it throughout your  website, your office, your marketing, your videos etc.  Once you “get” these yourself, so will everyone else.

Knowing your Mission, Vision, and Beliefs now will help you attract talent later, when you grow beyond the beginnings, and begin to elevate your success through the levels of business, at which point you will be growing exponentially. For example, in real estate, some day you will probably hit a ceiling of achievement. You are human after all, and can only do so much. If you are lead generating, and working with buyers and sellers, and doing all of the administrative work, you will max out at a certain number of deals per year. So, your next step will be to grow and to hire. And that’s where the solid foundation of your Mission, Vision, Beliefs and Brand will fully come to focus, and help you build your brand without effort or trouble.

 

To begin, I suggest that you create a solid Mission Statement. This will be the focus on the main objectives of your business. It’s a statement that explains “why” you are in business. This can include a promise of some kind, or a commitment to overall satisfaction. It’s about the quality and service or product that you provide.

Next comes The Vision Statement. The Vision statement is about WHERE you are going. What your business will be, and look like, after you have built it, and completed all of the desired goals.

Now to your beliefs. These tie in with your core values. What do YOU believe? How do YOU practice your business? A belief could be: “Our number One goal is YOUR number one goal!” Or, it could be a list of beliefs such as core values. Take Zappos for example. They have an entire list of what their beliefs are, and these have become their Core Values. It’s your choice how you list your beliefs, whether through one statement or as a list. After all, it’s your business, and your choice, so do it like YOU believe it!

Once you have designed these statements, you should have a much better understanding of who you are, and where you are going as a business.

Here is a sample of the MVVBP for one of my companies called The Ballen Group which is a Las Vegas Real Estate Agent Team:

Our Mission:

To constantly go above and beyond our client's expectations providing the Wow Factor in everything we do while continuously growing a fun, top producing Real Estate company. 

Our Vision:

We are a company that everyone wants to be part of and if not, feels like they are missing out.   The Ballen Group is a place where everyone is winning from the customers to the agents. It's a world big enough that there are no ceilings and the opportunities are endless. 

 

Our Values:
Purpose, Passion, Perseverance

Our Beliefs:  

1.) Teamwork - To value each other as individuals as well aspartners.


2.) Synergy - The collaborative effort of our energies to create the 
power of unity


3.) Unity - To always remember that the whole is greater than the 
Sum of each part


4.) Self Mastery - Never stop seeking knowledge


5.) Growth - Busting Through!!!! Where Ceilings become Floors. 


6.) Exceeding Expectations - Never stop wearing our WOW!!


7.) Purposeful - Intense Sense of Direction


8.) Big Why - Knowing what's important so you achieve what  matters


9.) Discovery- Discovering who we are so we know what drives u
 

Our Perspective:  A place where high minded professionals gather together to achieve more than one can do themselves. A business that raises the bar and sets an example. A Company that shows leadership and excellence amongst the Real Estate Community striving to WOW every member and every client. 


 

 

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Rainer
189,504
Jeff Ragan
Ming Tree, Realtors Real Living - Eureka, CA
Luxury Agent, Northern California

Great post, Lori!  You can't really sell yourself unless you know who you are, and a personal mission statement captures that in a way that you can sell it in any context!  Great post, and I'm suggesting it!

May 17, 2013 10:19 AM #1
Rainer
8,221
Dean Decker
Realty ONE Group - Las Vegas, NV
Dean Decker

Lori,

You keep speaking in alinement with my beliefs and back ground, in an industry that is synergistacally at times very challenged. I first saw you at the event at GLVAR, when my strange ideas became relivent and possible.

I thank you for your vision and off the cuff personality. You are an example of how to create differential value for your customers. Best of luck growing your business model into other areas!

 

May 17, 2013 11:30 AM #2
Rainmaker
111,149
Ridhi Raheja
Movement Mortgage (Illinois) - Naperville, IL
FHA, 203k, VA, Jumbo, PreApproval, Jumbo Home Loan

Lori, great post. For me, a mission is what keeps me moving everyday. I made it as my goal in achieving things... 

May 17, 2013 11:51 AM #3
Rainer
146,262
Royce Dean Vanderpool
Devan Realty & Development Corporation - Lake Mary, FL
RMC, REOS, CIAS, BPOR - Devan Realty & Development

Lori:

 

Great post.  Well written and instructive.  Nice to see someone use their expertise for the benefit of others.  Thanks for your hard work.

May 17, 2013 12:00 PM #4
Rainmaker
1,122,555
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

in an industry where self motivation is extremely important having a mission is key

great post!

have  a great night!

Rob

May 17, 2013 12:42 PM #5
Rainer
8,853
Mary Preheim
Realty Executives of Nevada - Las Vegas, NV

Great post Lori! I will have to sit down with Mary and make sure all of these are in place for us!

 

May 17, 2013 01:04 PM #6
Rainmaker
66,205
Melanie Narducci
Hillscape Properties, Inc. - San Francisco, CA
Your San FranciscoBay Area Real Estate Expert
Wonderful post, Lori! I am working on this, and almost done. Your post gave me the extra kick in the pants to get this finished, thanks.
May 17, 2013 01:12 PM #7
Rainmaker
1,367,309
Andrew Mooers
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The properties exposed completely with video, imagery, helpful link loaded time saving copy. The local community events promoted. Then easy does it on your personal marketing. You want to always get the buyer, seller's attention, develop their interest, create desire to use your services and come back for more and ultimately some action. You want some action like list something, buy something so more trips to the real estate closing happen. Consistently. That is a mission statement. A goal.

May 17, 2013 05:23 PM #8
Rainer
169,627
Jimmy Faulkner
Florida. Homes Realty & Mortgage - Wantagh, NY
The Best Of St. Augustine

Now this is a marketing post by a superb marketeer who knows her  stuff. Congratulations on being such a pro. You must have a great following & I think I am going to follow your example more than I have.

May 17, 2013 06:09 PM #9
Rainmaker
1,053,386
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

This is avery informative.  I think I have my homework cut out for me this weekend. I think this will definately give me more focus and more purpose.

May 17, 2013 07:16 PM #10
Rainmaker
1,014,608
Kevin B. Tolbert PA Team
Keller Williams Realty of Port Saint Lucie - Saint Lucie West, FL
New Home Construction and Luxury Specialist!

That's a lot of mission statement and I am glad your team is so successful following your leadership. 

May 17, 2013 08:00 PM #11
Rainmaker
307,066
Elise Harron
Dirt Road Real Estate - Kingman, AZ
Rural Vacant Land and Development Specialist

I really like this idea, Lori.  It's a perfect idea for centering and re-purposing.  Thanks for the inspiration. 

May 17, 2013 08:29 PM #12
Ambassador
942,220
Bob Crane
Woodland Management Service - Stevens Point, WI
Forestland Experts! 715-204-9663

Thanks for sharing your Mission Lori, it is important to write one of these for every business, and more important to read it every once in a while, I wonder where I filed mine at...

May 17, 2013 10:35 PM #13
Rainmaker
357,411
Nina Hollander
RE/MAX Executive Realty/Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

I agree and have had one for years.

May 19, 2013 06:45 AM #14
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Rainmaker
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Lori Ballen

CVO, Chief Visionary Officer / Ballen Companies
Find Out what Your Home is Worth
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