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Why Do Salespeople Quit?

By
Mortgage and Lending with All Star Mortgage, LLC

Depending on who you talk to, the percentage of turnover among sales people entering the profession and then exiting within 3 years is somewhere between 65 and 85 percent.  Why is it that a profession that offers virtually unlimited control over personal income and time have such a poor record of rentention?  I think a big factor is sales training.  Not lack of sales training, mind you, but the type of training most salespeople receive.

For decades, typical sales training has focused on learning tactics designed to "close", whether referring to closing on an appointment, a commitment, or a deal.  Almost universally, these tactics employ some form of manipulation - sometimes subtle, often times overt.  And at the heart of all of this is a certain level of dishonesty.  Take for example the case of a very famous real estate "guru" who on his website offers a free script for approaching FSBO's.  The script starts out by claiming that you're calling to take a "survey" of FSBO's in the area; however, by the end of the script it's clear that the purpose of the call is to secure an appointment to list the property.  Now I don't doubt that by employing such a script, one can be successful - the guru's success is testament to that fact.  The problem is that for most people, such disengenuous tactics cause cognitive dissonance because the underlying dishonesty/manipulation runs contrary to their personal values.  For the majority of us, it becomes more and more difficult to function within our jobs as we instinctively avoid putting ourselves in position to continue doing things that deep down, make us feel bad.  The most obvious manifestation is call relcutance.

So what can you do if you're one of those people who are bothered by dishonesty and manipulation?  First, understand and believe that you can be successful in sales without resorting to manipulation.  Believe it or not, studies indicate that upwards of 90% of the most successful sales people in the country are actually brutally honest in every aspect of their job.  Resist training that asks you to tell "harmless white lies" like the survey example, or another ubiquitous tactic "I'm going to be in your neighborhood on Tuesday - which works better for you..."  Again, while this stuff might work for some, it won't work for you if it makes you feel uncomfortable. 

Another thing you can do is invest in sales training that addresses the problems inherently honest people face while trying to launch a career in sales.  High Probability Sales is an excellent source for just such training.  HP Selling is based on an unfailingly honest approach to sales based on developing deep, meaningful relationships with prospects, and disqualifying those who don't fit your ideal client profile.  A central premise of HP Selling blows up another well-worn sales training cliche - that everyone is a prospect for you, if not now, then maybe in the future.  HP Selling trains that there are two types of prospects, high probability, and low probability.  Sales people should only spend time with high probability prospects - people that want what you do, are willing to get it from you under your terms, and are ready to do it now - and stop wasting time trying to convert low probability prospects. 

Ultimately, being successful in sales is more dependent upon being true to your nature than anything else.  Don't let somebody train you to do something that runs contrary to your personal values.  The ultimate outcome of that is almost always unhappiness, failure, and the end of your career in sales.

Delia Cox
Stanberry and Associates - Austin, TX
Funny story. An agent in our office decides to get a regular job. When she shows up for orientation she runs into another agent in our office. I think your right, prospecting training might have been where they should have ran into each other.
May 19, 2007 08:31 AM
Steven Shewell
Primary Residential Mortgage, Inc. - Ephrata, PA
The Mortgage Maverick
Any training can work, PROVIDED it fits your personality.  If the training isn't a fit for you, this will show in everything you do and say.  Ultimately you will fail trying to follow such a path.
May 19, 2007 11:17 AM
Anonymous
Emmanuel St Jean
Thank you for providing a sensible approach to sales.  Some indidviduals need to understand that the truth will set them free.  If one is not comfortable with his sales pitch, then there is an obvious problem.  The reality is to develop a great personality and be brutally honest.  Being consistent is an added ingredient; keep asking for the business, something will come through at some point.  Again, thank you for this great advice.
May 19, 2007 03:47 PM
#3
Joddie Roberts
Mountain Real Estate and Property Management - Spokane, WA
Your Spokane Realtor - Spokane, WA
Don, I think you're right.  When we try to be someone we're not it just doesn't work.  I've read & practiced the scripts and although at times I've found a good place to use them I mostly feel better just being me.  In the end I'm going to care if I was a real person or a salesperson.
May 19, 2007 05:43 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
I agree.I see some people do well  by being dishonest , but they do not last long. Honesty is the best policy in life and in any business.
May 19, 2007 11:49 PM
Sandra Cummings
William Raveis Real Estate - Guilford, CT
Real Estate Agent, Guilford Connecticut

Don:

Really enjoyed your post. I believe the key to being a successful sales person is not to sell. Just be your self.

Sandra

May 20, 2007 12:00 AM
Mike Jaquish
Realty Arts - Cary, NC
919-880-2769 Cary, NC, Real Estate

Good stuff, Don!

I don't like the minipulative scripts that start with false pretexts and proceed to the real point.

I want to work with people who appreciate the truth.

Frankly, I think salespeople who wash out are unprepared for the task of prospecting, and some resent that their broker didn't tell them they will generate their own business.

May 20, 2007 12:08 AM
Kathy McGraw
CELLing Realty - White Water, CA
Riverside County CA Real Estate

I would like to add another reason people Quit.....

Lack of appreciation and the Broker not listening to the "needs" of the Agent.  Sometimes Brokers get so caught up in their own way of doing things that they expect everyone else to fit nicely "in the box" and give agents only what they think they need. Especially the new generation of Agents.

 I ask my agents what they need from me, and try to fulfill that need.  We use feedback a lot, for both of us, and then I immediatly try to respond to whatever they have asked for, ie: an hour a week just for computer training.  I see my job as helping them do the best they can do, and this includes finding the resources necessary.

I never read any of those scripts, although my old Broker wanted us to use them.  I am just myself....and from day one it has worked. 

May 20, 2007 04:40 AM