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ABOUT FOCUSING ON VIABLE BUSINESS PROSPECTS.

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

IS THE PERSON CALLING FOR REAL ESTATE INFORMATION A BUYER OR SELLER, Or, will the call result in you telling the caller . . . . .

"Ask your friend (relative, neighbor, co-worker) call me.  I'll see if I can help."

This post inspired by Carie Shapiro in And I Shaved My Legs For This?

The old adage "Don't call me, I'll call you", doesn't work for real estate brokerage unless you're prepared for rejection.  Also, if that owner is on the FTC "Do Not Call" list, you really don't want to call them. 

Sure, we're in business to sell real estate services.  However, not every caller is a viable real estate customer.  Once you've succeeded in becoming very productive in Google SERP for real estate web sites, you'll be receiving calls from folks who may be callin for information for others.  However, there is only so far you can/should go.

A clear example of PUSH vs. PULL promotion.  A consumer calls you asking about a real estate matter and, without mentioning that they are not the subject of the call, describes a real estate owner in need of advice.

If a parent is calling for a child, is the child really interested in purchasing real estate?
If a person calls about a neighbor, how much do they really know about that neighbor's real estate needs?

You don't really know whether or not there is the remotest possibility of a real estate transaction in the future until you speak with the prospective buyer or seller.  Mom or Dad may believe that buying a home while in college may be a great idea but most students are not ready for that responsibility. 

You listen.  You ask questions.  You speak with the person for 5-10 minutes and develop an interest in the scenario described, believing that your experience is just what this owner needs to solve their real estate problem.

So, believing that it's time to get to take the matter to the next step, you offer to meet the caller at the property to see and discuss in person how you can help.

"Oh, I'm not the owner.  I'm calling for a friend (relative, neighbor, co-worker) and I think that IF YOU CALL HER/HIM. . . . . "

STOP!!!

"Have your friend (relative, neighbor, co-worker) call me and I'll see if I can help."

Of course, if they DO call, you may have a viable buyer/seller with whom you can have a successful real estate transaction.

TOTOH, if they do NOT call, . . . .   life goes on and you can devote your marketing time to real prospects.


                                                   Upside down



Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.  Serving home buyers and sellers in Maryland and Northern Virginia.

 

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Comments(10)

Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Lenn.  It makes you wonder why the friend is calling and not the buyer/seller?

Sep 12, 2012 08:38 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Lenn, We also have such people at open houses. They ask questions and then say they are previewing for a friend or relative and we never hear from them.

Sep 12, 2012 08:44 PM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

I try not to deal with "surrogate" callers for my rental properties as they RARELY know the answers to the questions I need to ask and get ANSWERED

Sep 12, 2012 08:47 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Conrad.  I get these calls regularly.  They have no real "interest" in the property so there's nothing I can do.

Gita.  Always has been that way.

Wallace.  BINGO!

Sep 12, 2012 09:07 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Every once in a while I will get a call from someone that says they are calling for a friend or a relative and not admitting they are the ones that want the information. Most of the time, I can see through the mask, so I handle the conversation with as much grace as possible. About half the time, the conversation changes and they then start saying "I" instead.

Sep 12, 2012 09:15 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Joe.  HA!  I get just the opposite.  Folks calling about someone else.

Sep 12, 2012 09:36 PM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Lenn, your graphic is priceless!  Only once have I closed a deal that began with a call from the relative of a Buyer. The sister was screening Realtors for her relocating sister. I invite the person on the phone to come to my office to meet with me.  That quickly separates the serious clients from the pretenders. 

Sep 12, 2012 09:40 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Sharon.  I'm more comfortable with relatives of folks in need of our services than neighbors, friends or co-workers.

Although I have had a number of moms and dads who just couldn't convince their child that owning a home while in school made sense.

 

Sep 12, 2012 09:50 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I'm sorry madam, but this is too logical and common sensical.  If the child "needing" to buy real estate is living in the basement, THAT might be the reason the parents are calling!  You want that as a client?

Sep 12, 2012 10:45 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Jay.  I know full well why the parents are calling.  I've been there.

Sep 12, 2012 10:49 PM