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The Word That Sales People Should Love To Hear……….NO!!!

By
Mortgage and Lending with George Souto NMLS #65149 FHA, CHFA, VA Mortgages NMLS #65149

 If you are reading this Post you are probably thinking why would any sales person want to hear the word “NO”?  The word that sales people want to hear is YES!!!  That is the bottom line in any sales transaction, because without a YES there is no transaction.  So why should salespeople want to hear the word NO?  Well please humor me for a few minutes, and consider the following.

The answer to why sales people should love to, or at least want to hear the word NO is very simple if you just stop and think about it.  Anyone who has ever made a sales call whether it be cold or not, sent out a mailing, or done any type of marketing, knows that you will receive a certain number of NO’s before you get a YES.  I am not an expert on marketing, but I have been told that for every peace of mail that you sent out, you will be lucky to get 1 YES for every 100 peaces that you mailed.  I have done a fair amount of cold sales calls in my 31 years in sales, and I would say that if I get 1 YES for Every 10 cold calls I make I am doing pretty good.

So why should I want to hear 10, 100, or even 1,000 NO’s before I hear a YES?  It is because if I know that I have to hear a certain number of NO’s before I get a YES, then I should be happy that with every NO I hear it will be one less NO before I get the YES that I am looking for.  Instead of being depressed that I just got another NO, I should be excited that I am now one less NO closer to getting a YES.  No one likes to be rejected, and I am no exception to that, but when I look at this way, it makes the NO’s a lot easier to accept, and to move on to the next sales call.

It is important for sales people to find the positive in what we do, even in NO’s.  If we don’t look for the positive, than how will we motivate ourselves to put the negatives behind us, and continue to look for the YES’s in life?  We can look at a NO as a rejection, or we can look at it as one step closer to getting our YES. 

So when I am cold calling I can’t wait to get the NO’s out of the way so that I can get to the YES, and the quicker that I do that, the quicker I will achieve my desired result.  A career in sales is not an easy one, and in order to be successful in sales you need to look for positive motivation in what ever you do.  If you don’t then you will either not be around for long, or will just become an order taker waiting for the phone to ring.  No one likes to be around a negative person, even if that person is you.  Welcome the NO’s in life so that you can enjoy the YES’s.

 

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Info about the author:

George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Higganum, Haddam, East Haddam, Chester, Deep River, and Essex. George can be contacted at (860) 573-1308 or gsouto@mccuemortgage.com

Posted by

George Souto
NMLS# 65149

C (860) 573-1308
CALL 7 Days/Wk
Fax (860) 760-6891

Email Me
About Me
My Blog

I am a Mortgage Loan Officer who can assist you with all your mortgage & refinancing needs in
CT, and RI

I can assist you with your Conventional,
FHA, CHFA, VA, USDA, & 203K loan programs.

I reside in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Haddam. E. Haddam, Higganum, Chester, Essex, Deep River.

 

Comments(79)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Leanne, thank you for selecting it, I am sure that deciding what Posts to include is not easy.
Jan 12, 2007 08:58 AM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

George,

Excellent blogs :)  keep always the good work :)

 

Mar 26, 2007 06:36 PM
Andy Attary
American Capital Holdings - Troy, MI
I feel that at times, clients who are quick to offer a yes inevitably are not solid clients and are prone to walking away from a deal after numerous hours vested.  I like clients that make me work and ask lots of questions.  This makes me feel that the client is interested in whats going and although at times you may not be certain in the initial "courting" of the client in the end more times than not you will lock down a new client and obtain the satisfaction of a yes.
Mar 27, 2007 03:22 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ray, Thanks Ray.  You are going to need glasses after reading all these blogs.

Andy, you are right, sometimes a quick yes is worst than several no's. 

Mar 27, 2007 11:02 AM
Anonymous
Henry Atigogo

It seems strange at first to expect to hear a "NO".  However, I agree with you that each 'NO' bring you closer to your 'YES'.  It is like Thomas Edison who performed over 10,000 experiment before he found the solution to the light bulb.

http://developpositiveattitude.blogspot.com/

Jul 25, 2007 09:39 AM
#64
Sajjan Sharma
American Mortgage Professionals, INC - Lowell, MA

It is a very good perpective.  Thank you.

 

Jul 25, 2007 09:41 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Henry, thank you for adding that.  We forget sometimes that many great people experienced lots of failures before they achieved success.

Sajjan, glad you view this the way I do.  Thank you. 

Jul 25, 2007 09:48 AM
Agnes Ikotun
AI Virtual Solutions LLC - Newington, CT
I agree with having a different perspective to the word NO..I equate it to a half filled glass and not one that is empty. Thanks George! 
Jul 27, 2007 07:19 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Agnes, that is a very good way of looking at it.  Thank you for your comment.
Jul 27, 2007 07:23 AM
Diane Rice
Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL
SFR, SRES, CNC
George:  I am with YOU on this..... let's get these NOES out of the way....... pave the way for the YESSES!  My "Closed Doors" blogs reflects this along with the one i just did yesterday called "Keep Moving!"  I certainly feel ya here!  Thanks for sharing this blog afresh with us!
Jul 27, 2007 07:27 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Diane, thank for your support on this, always enjoy your comments when you stop by.
Jul 27, 2007 07:33 AM
Bob Woods
Sibdu.com/eCREsystems, LLC - Silver Spring, MD

Hear hear! (Pardon the pun!)

I think of this in a slightly different way, though. If I get to a "no," I don't sweat it. I just thank them and send them on their way. A "no" means you don't have to waste your valuable time on a prospect. If this was covered in an earlier post, I apologize. I scrolled all the way down without reading all of the other posts.

In addition, I'm just starting to use a new system of cold calling that is much different than from what's out there right now. Google it if you're interested: Ari Galper, Unlock the Game. BTW - I'm not affiliated with him in any way; just an enthusiastic student. It makes the "no's" much, much easier to take. And you'll have more quality cold calls to boot!

Jul 27, 2007 07:42 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Bob thank you for the link, and I will look at later this evening.  I also appreciate your input on this.
Jul 27, 2007 08:46 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

George, I love this post! And without the spam comment above, I would not have come back for a second read. So I guess that there is some good in spam. Yikes, did I just say that!!

Jul 16, 2009 10:20 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret, thank you for the comment and pointing out to me that someone had spammed this post.  It is pretty old and I did not notice the comment.  I have reported it and deleted it.  Again thank you.

Jul 17, 2009 02:12 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

George, You are welcome. It was fun reading this post again.

Jul 17, 2009 04:13 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret I probably should checkout some other old ones to see if they did the same thing to them.

Jul 17, 2009 10:21 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

George, I am getting emails when these spam comments are made. Have reported and deleted a bunch!

Jul 17, 2009 10:38 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret, glad you are on top of it because I have read a lot of blogs complaining about this.

Jul 17, 2009 01:00 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Hey George, Nice speaking with you this evening. Have a great weekend!

Jul 17, 2009 01:25 PM