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John Meussner
Catalyst Mortgage - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

I've been in networking groups and it's always seemed like a group of folks that don't know how to get business organically.  I prefer joining groups of like-minded people - I've gotten more business from meeting people in Rotary and meetup.com than I did from networking groups.

Feb 12, 2015 12:42 PM
Rainer
279,928
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

No.

Jun 22, 2018 10:52 PM
Rainmaker
630,351
Ajay Pandya
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya

I always do!

Feb 09, 2018 07:25 PM
Rainmaker
592,283
Dena Stevens
Rocky Mountain Realty - Canon City, CO
Putting The Real Into Realtor Since 2004

I joined and stayed with a few groups. I spent years with them with nothing to show until one day I challenged everyone in the group to gather the biz cards and distribute them that day. I challenged them to pin them to boards, hand them out, even mail them out with their bills. It worked! My card ended up in every resturant, tire store and community board in town. Hey! At least my cards were no longer gathering dust on the back seats of the group members!

Feb 14, 2015 10:57 AM
Rainmaker
3,988,138
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have attended a couple and then seemed to produce results. But in the end nothing worked out. I need to give it another try. I am also going to join Toastmasters. Thuogh not a networking group they do network and speak in the community.

Feb 13, 2015 01:19 PM
Rainmaker
634,582
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I find networking is better in organic situations that are part of my daily life. Like John Meussner I'm more drawn to groups of like-minded people.

Feb 13, 2015 11:46 AM
Rainer
10,536
Henry Carmona, GRI
San Antonio, TX

Ive joined and quit networking groups.  It can be difficult finding one thats "legit".  By that i mean actual business owners who have a service you can use.

Oftentimes these "networking" groups are plagued by folks selling things they think you absolutely have to have or something bad will happen to you. Whether its some health product, or legal aid, etc, etc. 

 

Feb 13, 2015 12:53 AM
Rainmaker
1,952,054
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

My answer disappeared so I'll try again.  I started a networking group 8 or so years ago. My dentist, insurance agent, chiropractor, builder -- we were the core that stayed together. In addition to being a referral group, we discussed different marketing techniques, hiring and staffing, cool techie tools, etc. We still touch base today.

Feb 13, 2015 12:04 AM
Rainmaker
1,952,054
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

BNI isn't my style, but I started a group that lasted nicely for a number of years. My dentist still refers people to me (and me to him); a chiropractor, insurance agent, builder --we were the core that stayed together for those years, and still touch in with each other.

Feb 12, 2015 11:58 PM
Rainmaker
6,004,821
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I belong to a Women's Executive networking group and meet every other month, with about 40-50 in attendance.   Have received one referral, but had to pass it on, as it was out of my area.

Feb 12, 2015 11:18 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Yes I have.

However never one that was a generic business network group like BNI.

Instead I use my non-real estate marketing to create opportunities for other business to pursue. Nothing makes these folks more willing to share with you better that bringing something to them FIRST. 

How many times does a past client call you for a recommendation for a handyman, or plumber, roofer, printer, painter, attorney, accountant, dentist and the list goes on. Rather than pull the top rated from Angie's List, make it work for you.

Feb 12, 2015 09:46 PM
Rainmaker
5,312,879
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Evelyn -- I got talked into BNI once and then they "fired me." I was just too independent for their taste and I thought they were one step from being a cult!

Feb 12, 2015 09:08 PM
Rainmaker
919,710
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

I joined couple of them and still involved after two years.  Its a great soure of getting to know other business people and see if I can help them with my coneections first before I expect them to shoots leads my way.  It works if its done by "Get by Giving" Philosophy

Feb 12, 2015 07:35 PM
Rainmaker
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Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

I have been part of several, including BNI.  I have found that they have worked but there do seem to be diminishing returns over time.  BNI was great when I first started out, and the structure is great.  But, it is very time consuming going each week.  The ROI on dollars was well worth it, but over time, the ROI on time was not.  I found that there were other activities that could generate a higher return for my time.

Now, my networking is much more targeted - doing networking specific w/ realtors and business partner that can yield good long term relationships (e.g. carpet cleaner, GC, painter)

Feb 12, 2015 04:36 PM
Rainmaker
1,683,918
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I have been part of several networking groups. I think you would get better response from the Chamber.  Some people in the networking groups don't give referrals, they just want to get them.

Feb 12, 2015 12:38 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I joined this one and severaal on FB.

Oct 17, 2019 08:56 PM
Rainmaker
1,060,012
Ritu Desai 703-625-4949
Samson Properties - Chantilly, VA
Northern Virginia,Washington DC & Maryland Realtor

Evelyn, I have visited few as a guest but never felt connected. It is a cult with rules and regulation. BNI was very demanding with mandatory referral to their network.

Feb 27, 2015 10:18 PM
Rainmaker
464,383
Kim Boekholder Utah Real Estate/ PECO
Results Real Estate 801.580.5624 - Draper, UT
Broker Results Real Estate/Leasing Specialist PECO

I've tried chambers and other networking groups but it felt like every other person was selling Avon or a Realtor.....  

Feb 17, 2015 06:06 AM
Rainer
276,125
Susan Jacobsen
The Alliance Group Realty - Hilton Head Island, SC
20 Years Providing WOW Real Estate Service

Evelyn, the problem is that many of them are very structured; and the question is if you personally structured your own time to target more specifically your market, couldn't you get the same business or more? I found that I was doing all the referring - we Realtors engage an average of 16 vendors with every transaction - and wasn't getting anything. It's always about building know, like, and trust - so however you can do that the best way, that's the way for you to do it.

Feb 16, 2015 01:51 AM
Rainmaker
3,344,851
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

The Realtor is the leader....we have more to refer to in the group...lucky

to get one sale...but that pays for the effort

Feb 15, 2015 08:41 PM
Rainmaker
316,098
Robert Smith
Preview Properties, PC - http://www.RealEstateMich.com - Brighton, MI
SRES, Search for Homes Brighton-Howell-SE Michigan

It's tough to find a good fit with networking groups. Many retail operations are there and if they don't get referrals immediately, they just quit showing for meetings.

I think it's important to establish relationships with good referral partners. Real Estate attorneys, lenders, etc.  It's *very* important to set the ground rules.  That is, I'll send people to you but you must reciprocate.  How many lenders have you referred people towards but got nothing in return?  And I know they are compensated differently than us, so maybe a 3:1 ratio is more appropriate than 1:1. 

Feb 15, 2015 08:35 PM
Rainmaker
637,534
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Some years ago I joined Le Tip but it was not for me. Still don't like organized networking groups that are so intent on selling to each other. I'm better out there on my own one-on-one.

Feb 15, 2015 02:52 PM
Rainer
462,813
Doyle Davison
Hawaiian Beaches /Hawaii - 714-968-6767 - Huntington Beach, CA
30 years as your Concierge broker

Meetup.com has some great groups, I Go to a few meetups for investors and have found them very helpful. You name it they got it. 

Feb 15, 2015 02:10 PM
Rainer
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John Helmick
John Helmick Success & Ohio Property Inspection Services - Dayton, OH
Realtor Personal Growth/Success Coach

Evelyn Johnston - I have been to 3-4 as a visitor, but did not stay very long.  It appeared to me that those that were involved in those groups were very specialized and that I just would not have had much of an opportunity to refer business to them.  As an owner of a home inspection business, our marketing is very focused.

Feb 15, 2015 12:57 AM
Rainmaker
4,322,035
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Evelyn Johnston never tried, attended one as substitute but have heard some of the success stories from a few.

I plan to have my own small networking group, though.

Feb 14, 2015 01:25 PM
Rainmaker
1,772,017
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Good question Evelyn. I have a hard time paying attention for long periods of time so I avoid this sort of thing but know people that swear by networking groups.

Feb 14, 2015 12:01 PM
Rainmaker
4,434,227
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have not joined any group.

Feb 12, 2015 08:56 PM
Rainmaker
1,650,442
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

I'm not right now in any of network groups. But I know a realtor who is visiting min 5 groups every week and gets a lot of business. I guess, you just need to choose those you like and stick to them for years.

Feb 12, 2015 05:12 PM
Rainmaker
5,774,100
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I am neutral on the subject.  It really depends on who is in the group...as some have said, many want to take more than give...LOL A

Feb 12, 2015 01:21 PM
Rainmaker
4,360,425
John Pusa
Glendale, CA

Evelyn, I joined several networking groups, overall I did not receive referrals.

Feb 12, 2015 12:40 PM