Do you know? Do you really know how good the people are...that you refer to others?
My company Prudential Verani Realty is good size with 10 branch offices. Frequently the agents send out company wide e-mails asking for a referrals from anything from a Handy Man to a Mover. Typically the response is immediate as we all like to help each other out.
The agent requesting the information will then compile a vendor list and distribute that list to their clients and fellow agents.
I've always felt uncomfortable making referrals as I know everyone has different expectations and people don't always live up to past performances.
So I hesitate to recommend or refer anyone unless I have used them repeatedly, trust them explicitly and feel comfortable with the fact that they understand the importance and value of my recommendation. I'm not talking in referral fees but in business relationships. My business needs to be earned and anyone I refer needs to understand the importance of their performance...It not only reflects upon their name but mine as well.
I'm not willing to gamble with my name...are you willing to do so with yours?
Recently, a referral did not work out so well. It was a moving company that of course came highly recommended by an agent and was put on a list.
Contracts were signed, waivers were signed, insurance was declined and damage was done, major damage and it was not made right. Not only was it not made right but not even a return call was made.
I feel badly for the agent and the people involved...how humiliating that a mover she referred ended up Not Caring about repeat business or referrals. That they would walk away from doing the right thing and not even have the courtesy to return a phone call.
Building a business referral base is important...my standards are high and I'm going to be sure that the people in my base are qualified professionals.
Are you just making a list or building a business referral base? If it's a list... just give them the yellow pages!
Just How good are your referrals?
Monika McGillicuddy
Serving Southern New Hampshire and Rockingham County
Monika McGillicuddy Real Estate Training Website
Hampstead NH Real Estate
603-548-7728
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