{"id":10835,"date":"2018-10-04T09:34:03","date_gmt":"2018-10-04T14:34:03","guid":{"rendered":"https:\/\/therealdaily.com\/?p=10835"},"modified":"2018-10-04T12:01:44","modified_gmt":"2018-10-04T17:01:44","slug":"ratings-reviews-camps","status":"publish","type":"post","link":"https:\/\/theamericangenius.com\/housing\/editorials\/ratings-reviews-camps\/","title":{"rendered":"Ratings companies have evolved into two camps that couldn\u2019t be more opposite"},"content":{"rendered":"<p>Nearly every industry today is either participating in or being assessed by ratings and reviews. It\u2019s what consumers want \u2013 it has become a consumer-centric fundamental.<\/p>\n<p>Because time is scarce, consumers are increasingly seeking what they hope are reliable, trusted sources that collect and post both product and service experiences of real customers. The idea is that having access to the actual experience of others will lead to making better, more informed decisions and choices in selecting their next product or service provider.<\/p>\n<p>In meeting this consumer interest, a pursuit of five star ratings has created a <em>Star Wars<\/em> battle line with two distinct camps:<\/p>\n<ul>\n<li><strong>Marketing Spin Camp<\/strong> \u2013 best foot forward, filtered results, selected feedback, and heavy bias of positive news<\/li>\n<li><strong>Transparent and Accurate Camp<\/strong> \u2013 reliable, measured, complete, unscrubbed and unmanipulated information from real past customers<\/li>\n<\/ul>\n<p>So one camp chooses to Photoshop the picture while the other offers untouched results; one camp chooses pleasant fiction and the other chooses the reality of non-fiction; one camp elects to edit and cleanse, the other offers accountability and transparency with some blemishes; one camp seeks an immediate, short-term, gamed advantage to win customers while the other trusts that truth is the foundation of long term relationships; one camp doubts its ability to deliver great results and chooses marketing spin while the other camp believes consumers can be discerning and their service providers can deliver.<\/p>\n<h2>Facts sure can ruin a good story<\/h2>\n<p>In response to Brad Inman\u2019s comment in an April 19th, 2016 interview, \u201c\u2026what I\u2019d love to see here\u2026 (is) a higher-quality agent\u2026 better ones\u201d, the former president of an organization promoting the Marketing Spin Camp stated, \u201cRatings are not the way to a higher-quality agent because ratings are a marketing tool\u2026 I don\u2019t care what anybody says about that.\u201d<\/p>\n<p>The power of Marketing Spin is in telling a tale. Since the facts can ruin a good story, those in the Marketing Spin Camp often find it more convenient to avoid, ignore, omit, or not even bother to learn the facts. These facts have been researched and available for some time now, including in <a href=\"http:\/\/s3.amazonaws.com\/mtssdhosting\/wavgroup.com\/wp-content\/uploads\/2016\/03\/15091432\/YourReputation.pdf\" target=\"_blank\" rel=\"nofollow\">a 2008 report<\/a>, before most in the Marketing Spin Camp entered the North American real estate market.<\/p>\n<blockquote><p>Transparency, accountability, and feedback both change and positively alter behavior in sports, business and politics. The evidence is clear, empirical, and unambiguous.<\/p><\/blockquote>\n<p>Ratings and reviews when properly designed, delivered, and data aggregated (scientific methodology with research expertise) do create the kind of accountability, transparency, and feedback that influence and alter professional behavior creating both measurably higher quality and a more satisfying customer service experience.<\/p>\n<p><strong>Spin a story, discredit the real estate industry.<\/h2>\n<p>The facts \u2013 Here are the measurable results that are specific to the real estate industry and related to how service quality assessment of every closed transaction can influence agent behavior, the quality of service they provide and make them better (data based upon more than 2,000,000 customer satisfaction assessment surveys):<\/p>\n<p>\u2022 54% more Very Satisfied customers with the overall service experience than the national average<br \/>\n\u2022 86% fewer Dissatisfied and Very Dissatisfied customers with the overall service experience than the national average<br \/>\n\u2022 400% greater likelihood of agent making a post-closing service follow up call than the National Average<br \/>\n\u2022 65% greater Satisfaction with quantity and quality of communication<br \/>\n\u2022 72% greater Satisfaction with attention to transaction details<br \/>\n\u2022 78% greater Satisfaction with negotiating assistance<br \/>\n\u2022 54% increase in sales of returning past customers<br \/>\n\u2022 56% increase in referral sales from satisfied past customers<\/p>\n<p><em>Star Wars<\/em> \u2013 the battle for five star ratings is bigger than the quest to win today\u2019s customer. Honest and accurate ratings and reviews are about TRUST and long-term customer relationships.<\/p>\n<p>Adopting practices of misleading information, selected feedback, and manipulated data are a \u201cwin the battle lose the war\u201d strategy that also sacrifices the opportunity for ongoing improvement, real service excellence and <em>true<\/em> five star results.<\/p>\n<p>[clickToTweet tweet=&#8221;Presenting manipulated customer feedback as accurate &amp; honest is likely a violation of the Code of Ethics&#8221; quote=&#8221;Presenting manipulated, selective, or cleansed customer feedback as accurate and honest is also likely a violation of the Code of Ethics.&#8221;]<\/p>\n<p><strong>You have the power to do the right thing.<\/strong><\/p>\n<p>The 2015 independently commissioned D.A.N.G.E.R. Report identified agent service inconsistency and the invisible interactions between agents and consumers as the highest threat to the survival of the industry and the value of Realtor\u00ae services.<\/p>\n<blockquote><p>Believing that ratings are only about creating positive messages or merely a marketing tool that cannot influence professional behavior is factually incorrect and a sad surrender in the face of what can and is actually being done.<\/p><\/blockquote>\n<p>\u201cLike them or not, reviews are now central to the consumer decision-making process. Go all in or stay out of the game. People will sniff BS a mile away if you try to peddle filtered or otherwise less-than-open reviews.\u201d -Brian Boero, Founding Partner, 1000Watt Consulting<\/p>\n<p>While we may frequently feel that events in business and life are beyond our control, each of us has the power to do the right thing, to do it well and to do it now!<\/p>\n<p><em>This editorial was first published here in February of 2017.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(EDITORIAL) The ratings and reviews game has evolved considerably in recent years, and now, two clear camps have emerged&#8230; which do you think is better for consumers?<\/p>\n","protected":false},"author":335824,"featured_media":10839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"wds_primary_category":0,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[254],"tags":[307,1234,761],"class_list":["post-10835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editorials","tag-ratings","tag-real-estate-news","tag-reviews"],"jetpack_featured_media_url":"https:\/\/theamericangenius.com\/housing\/wp-content\/uploads\/sites\/2\/2017\/02\/kylo.jpg","jetpack_sharing_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/10835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/users\/335824"}],"replies":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/comments?post=10835"}],"version-history":[{"count":6,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/10835\/revisions"}],"predecessor-version":[{"id":13520,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/10835\/revisions\/13520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/media\/10839"}],"wp:attachment":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/media?parent=10835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/categories?post=10835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/tags?post=10835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}