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DO YOU KNOW YOUR SALES ABC'S?

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Education & Training with Performance Development Strategies

In the old time world of selling the letters ABC meant always be closing.  However, today's customers are much more educated and, in an age where customers can do research on the Internet, always be closing can be seen as pushy and sleazy.  According to Dan Pink, author of To Sell Is Human,  salespeople no longer hold an information advantage over the customer.  They are now more curators of information rather than providers.  That is certainly true in Real Estate. Consultative Sales The customer does not have to come to the office to see the MLS book.  They can find out what they need online.  So someone may ask you why do we need salespeople?  But those of working today's sales already know the answer to that question.

We need sales more than ever but we no longer need or want the old time sales where the salesperson has more information than the customer and uses that information disparity to persuade (or force) the customer to commit. Now we must be more skilled in the sales profession because we are an assistant buyer assisting a highly educated customer find a solution, in most cases the best price for their home or the right home for their needs.  

Helping provide a solution requires attunement according to Dan Pink. We will be more attuned if we ask important questions and listen carefully for the answer then ask more questions to clarify so that we can get a full understanding. Doesn’t it make more sense to assist the client in the buying decision rather than selling them something?

Look at it another way. You visit your doctor because you have a pain in your knee. Your doctor does a thorough examination. She asks you questions such as, Where does it hurt? How long has it hurt? She may then suggest some of the causes of such pain such as a torn tendon. Then she asks if you have experienced unusual activity that might be related to your knee pain. She is helping you discover the root cause of your pain so that you will understand the need for surgery, if necessary. What would you have done if the doctor came to the exam room and said we need to schedule surgery next week? I am sure you would have run out of the office for another opinion.

Persuading people to buy from you is the same thing. Do you wonder why you experience resistance? Instead of being the salesperson you should become the assistant buyer. You are assisting your prospect in determining her wants and needs and, only then, are you offering solutions. Ask questions rather than applying pressure.

For example, a Realtor is showing several houses that fulfill the stated wants and needs of the buyer. The buyer appears to fall in love with one home but then hesitates. The buyer wants to think it over. You want to make a sale so you suggest that the seller might be getting other offers and the home may not be available unless the buyer acts now. Although you might be correct about other offers, the buyer may react negatively to your pressure. You want to be seen as the person providing the solution to their desire for a dream home. As an alternative you might discuss the houses they have seen. Ask why they want the home they saw, would another home do just as well, what will they do if their offer is not accepted. You are the assistant buyer and you are providing solutions.

Offering benefits and solutions

Providing solutions and being the assistant buyer will help you develop relationship that will lead to increased business.  Read a similar blog on our web site titled PROVIDING CLIENT SOLUTIONS PRODUCES MORE SALES.

 

Could you use some help with your buying selling process?   Free Consultation.

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Grant Schneider,
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Comments(23)

Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Yes, if you take a consultative approach, it generally works better, regardless of industry.  Great example to drive the point home.

Oct 20, 2014 04:15 AM
John Anello, Stamford Area Electrician
Safe and Sound Electric LLC - Greenwich, CT
Call Safe and Sound Electric at 203-536-0021

Asking the right questions of your customer is what separates the true professionals from everyone else.

Oct 20, 2014 04:54 AM
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Grant Schneider

Great blog about the ABCs. I always try to get back to basics often mself

Oct 20, 2014 07:37 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Grant,

Providing solutions and value...the ABC's of success!

Oct 20, 2014 12:04 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Troy - good. I agree. And we can call it sales or call it moving people.

Debbie - right, you provide the solution.

Lottie - curator, yes because they are armed with information and need assistance to help them make their own decision.  Aren't we in fact curators of information through our blogs.

Debbie - thanks the consultative approach is even done through our blogs.

John - and the right questions are asked when we listen.

Tom - the basics will keep you on track.

Lisa - yes awesome.

 

Oct 20, 2014 12:55 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the inspirational post. Have a good day.

Oct 20, 2014 09:07 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Grant.  You can call it by any name that you want but we are still selling.

Oct 20, 2014 09:13 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Grant. Many years ago, I made the transition away from seller. It wasn't always comfortable, but I'm glad I stuck with this new way of doing business.

Oct 20, 2014 10:18 PM
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

Grant, thanks for stating the obvious solution to the current state of sales.  I made the adjustment a couple of years ago and it have proven beneficial to both my buyers and myself.

Oct 20, 2014 10:51 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Gita - thanks.

Conrad - yes, but not the old way, right?

Joe - And it has worked a lot better.

Anna - glad it has worked out for you.

Oct 21, 2014 03:59 AM
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

Hi Grant,

I always think of ABC as Always Be Curious.  When I meet with clients and customers, I make our appointment a conversation, I ask them LOTS of open ended questions and let them do most of the talking.

 

Oct 21, 2014 07:15 AM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Love the examples you gave - Grant - a consultation is always what we should be providing - solutions and suggestions........

Oct 21, 2014 11:07 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Wayne and Jean - Always be curious is certainly the right way to go.

Oct 21, 2014 11:26 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Dagny - thanks I am glad I could give some exaples to connect.

Oct 21, 2014 11:27 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, I have never thought this career choice was sales, just customer service.    I assist them make great decisions.  

Oct 21, 2014 11:49 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Grant

Your post is right on point and your insight is forward thinking and will help the customer make the right choice.

Good Luck and success.

Lou Ludwig

Oct 21, 2014 12:07 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Joan - good that you don't think of it that.  Another thought is that all of us are in sales, even the teacher inspiring students.

Lou - thanks.  I appreciate that.

 

Oct 22, 2014 05:20 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

I really got a lot out of this post Grant. There's a definite shift in the mindset of the buyer when purchasing a home. Many buyers have bought homes in the from sales people in the past and have a negative feeling about them. This helps to understand that we have to change with the times and accept that our job is to facilitate the sale by assisting them with the purchase. I have really gained insight thanks to you and Dan Pink. This makes perfect sense!

Nov 26, 2014 11:01 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Grant, I'm curious how you got the AR Top Contributor Award. You're the second person who I saw today with an award like that. I tried to send you an email by clicking on the share email but I didn't know your email address and I found out I have to put an email in there, so I sent this post to myself. Previously, if you wanted to send a member an email, that's how you emailed them.

Congratulations!

Nov 26, 2014 11:07 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Patricia Feager, MBA, GRI, Cert Negotiations Expert, Military Relo Prof .  I received the award along with many others.  Active Rain highlighted everyone who averaged 2 blogs a week for a year.

Nov 27, 2014 11:31 AM