I was reading some Facebook status updates — signifying that obviously, I’m not a total social media moron who hates all things social — when I came across an interesting little comment:
The post that Eric Bryant and Maya were talking about is this one by Jeremy Blanton. His conclusion:
I think in the case of these three the message is clear, social media can take your business and explode it to a whole other level. People realize the importance of social media in their business plan and it was evident by the packed classes that had anything to do with social media.
A lot of conversations — eternal ones, it appears — about social media as marketing is about whether it’s effective. Maya Paveza, a good friend of mine who was on that panel, threw down on Mike Ferry recently because Mike disparaged the efficacy of things like Twitter and Facebook (well, and she thought he was rude).
But let’s have a different conversation, because I’m sort of bored with the “social media works/social media is fool’s gold” stuff. Let us take as given for this discussion that social media is the single most effective marketing strategy ever invented for real estate. Let’s assume that it will take a real estate agent’s business and explode it to the next level. Okay? Okay.
My next question: should social media techniques be taught to everyone or kept secret for the chosen few?
Freemasons trace their history back to medieval masonic guilds, which, like many other craft guilds of the time were strict societies of “master masons” who oversaw and trained groups of journeymen and apprentices. When you think about it, masonry is kind of amazing. Ancient Egyptians built the pyramids, and Greek temples that are thousands of years old still stand. These ancient masons using rudimentary tools, plagued with various superstitions, with none of the modern disciplines of architecture, engineering, and little understanding of physics nonetheless put structures together that fit perfectly and stood the test of time.
The whole craft of masonry, like many other crafts like metalworking, baking, and so on, was passed down from one generation to the next through the master-journeyman-apprentice system. If you wanted to become a mason, you found someone who already knew how to do it (often, your father), and learned it from him over years and years of apprenticeship and verbal instruction. Over centuries, certain architectural techniques (e.g., “ad quadratum“) of proven value came to be passed on, and became secrets zealously guarded by Medieval masonic guilds.
Given that knowing these skills — how to put up a cathedral, build castle, build a house — would generate enormous wealth (or at least a very comfortable living) for the mason, it was obvious that the guilds would only teach those skills to its members. And the guilds would take some pains to ensure that someone who is accepted into membership is a capable mason with professional ethics — since cutting corners could mean the cathedral collapses, thousands of people die, and the local baron rounds up a bunch of Masons for the gallows.
Eric Bryant, in his comment, suggests that 20% of real estate agents embrace social media, 20% despise it, and 60% are ignorant of it. And then he says that we can “raise the bar” in real estate by teaching social media to these 60% and making them “Believers”.
Thing is, I’ve heard numerous arguments that social media marketing can improve your business, make you a lot of money, and so on. I have never once heard that social media makes you more ethical, more competent or more knowledgeable about the practice of real estate. I’m a pretty advanced social media user; I think I understand it pretty darn well. I couldn’t tell you the first thing about doing an escrow in Texas. So even assuming arguendo that social media is truly effective, in the way that Medieval masonic secrets truly were effective, to make the leap that it will make someone a more virtuous, more professional REALTOR is unwarranted.
Indeed, many of the foremost experts advocating social media for real estate agree. Maya Paveza herself would gladly and easily agree that social media is but conversation, and that after you attract the attention/gain the trust/whatever, you still have to perform as a real estate agent, knowing how to price homes, stage houses, negotiate contracts, and so on. Jay Thompson has written eloquently about hiring only agents who have a passion for serving the customer… and he is a social media master, who can teach its mysteries and secrets to any apprentice. But he wouldn’t take an unethical, self-serving agent and turn her into a great realtor through the powers of social media. Because he can’t.
And spending just a few minutes on places crawling with social media experts and practitioners (I recommend the comments section of DailyKos), you quickly realize that social media in and of itself does not grant wisdom nor ethics nor kindness. It’s just a power, a tool, a technique like telephone, or knowledge of computer programming (assuming, again, that social media is indeed super-duper effective). You can use a telephone to build relationships, or you can use it to make death threats. The telephone itself is amoral.
So let’s just agree that social media is a powerful tool, and understanding it grants the user real power. Let’s also agree that like all other tools, it is amoral.
We also know from the numerous Raise the Bar movements and conversations that the state of professionalism in the industry is pathetic approaching catatonic. The stories that real estate professionals tell each other when they’re out of earshot of any civilians are simply jaw-dropping. Unethical shit goes down every single day in this business, and some agents are dangerously incompetent. We know this. Many of those who advocate for social media know this, because they’re also the ones in the forefront of the Raise the Bar movement.
So why would you teach these valuable skills and grant this power to people who frankly do not deserve to advise a family on a real estate transaction? Isn’t the goal of “Raise the Bar” to drive the incompetent and the unethical out of business? If they’re floundering because their old-skool techniques are no longer working, why give them a way to “explode their business to a whole other level”?
I can see three answers here.
One, you might reply, “Well, the 60% who don’t know social media are all fantastic, ethical local experts who really know how to care for a client, but they just simply don’t have the power of social media’. That reply, of course, would get laughed out of the room.
Two, you might say, “I only teach social media to fantastic, ethical local experts who really know how to care for a client.” And I would want to hear about the interview process that an applicant to your Social Media for Real Estate seminars must go through. Don’t have one? Giving the seminar at an open RE BarCamp? That event could be attended by the biggest scumbag ever to carry a real estate license, since there’s no screening for ethics or professional skills. And he would use the knowledge he gained, leverage social media to its fullest extent, and become the biggest rape-and-pillage-the-client REALTOR the world has ever seen. What sort of processes and systems are in place to ensure that social media is being taught only to the “good” people?
Or third, you might say, “Well, when I’m teaching social media, I’m just doing my job to teach social media skills. It’s not my job to check to see if the student is a good ethical realtor or not. That’s why we have state licensing boards and local Associations that ensure professional standards.” Which is fine… if immoral. I offer strategy consulting services, skills and techniques that are in and of themselves amoral; I would not go work for the Ku Klux Klan to help them with strategy, even if the Department of Justice Civil Rights Division exists to ensure racial harmony. Nor would I offer business efficiency advice to a pimp abusing underage prostitutes, since I don’t work for Planned Parenthood, even if the police exist to arrest criminals like him.
If you are in the 20% who Believe in social media, and you Believe that it is an incredibly effective, powerful tool that can improve the business of any real estate agent who uses it… don’t you owe it to yourself and to the rest of the industry — and to consumers who have to trust these agents — to teach it only to those who deserve to stay in business?
So if you’re a True Believer in the Power of Social Media — in other words, you don’t think it’s just a part of an overall communication/marketing mix, but really believe that social media marketing is the most important factor for success in real estate going forward, able to breathe new life into moribund business — how do you square the circle?
Either (a) social media is incredibly effective and incredibly powerful, and therefore needs to be kept out of the hands of those who don’t have the requisite professionalism, knowledge, and ethics to be a great realtor; or (b) social media is not all that effective, could be taught to everybody, because only the really professional would devote the time and energy to pursue it… in which case, all this triumphalism talk has to stop. And bring the rhetoric down a notch or two about the power of social media, no?
Your thoughts and comments, as always, are welcome.