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I thought it was going to be a normal listing appointment.  The call came into the office and went something like this: 

"Hello, may I speak with Lola?"

"Yes, this is Lola with Audu Real Estate.  How can I help you?"phone

"We noticed you had the home down the street listed and wondered if you could come by and let us know what you think about our home?"

Perfunctory comments completed, the appointment was scheduled and subsequently I found myself sitting in their home presenting my Service Proposition.  Except...there was something odd.  The connection or lack of connection indicated that there was something amiss.

When I'd finished, I asked if they had any additional questions or would like to move forward to list their home.  They indicated they would get back to me.  The next day she did.  But it wasn't what I anticipated or expected to hear.  She indicated that prior to contacting me, she had gone by the home we had down the street and had picked up a brochure.  She wondered if I had seen the brochure? 

Our systems tend to be highly automated and finely tuned.  So, although I don't monitor every brochure or marketing piece, once the standard has been set...I have an expectation about what they should look like.  In this particular case, I had not seen the brochure.  When I did, I understood what she told me next. 

The brochure was an amateur version of a black & white cut and paste of an MLS listing...unlike the kind of marketing which ordinarily defined my marketing pieces.  When I questioned my associate, she indicated she had been in a hurry and had just quickly slapped something together. 

Well, it cost me a listing!  Ms. Potential Seller informed me that they were impressed by my presentation and interview.  But she he had called to tell me WHY they were hesitant.  She indicated that after talking to me, she didn't think I knew about the marketing piece that had my company's name on it.  It seemed out of character.

It was a harsh evaluation, but one which I decided to learn from during our frank exchange. I determined to take action.  It was out of this experience that our Audu Real Estate Transaction Evaluation was born.  Every home which is Sold or Purchased through one of our agents is now graded by the Client on a number of different measures of Service. 

Looking back, it was a necessary wake up call for me to clearly understand that what agents and associates do even when you are not looking is incredibly important to the well being of the entire company.  The evaluation served to put our clients in the driver's seat and allowed us to view the results and the process of the transaction through their eyes.

Two Years later...there was another call.  Time had passed.  We had successfully SOLD several homes in this community.  Circumstances had changed for the potential client too.  They had listed with another agent and had not been very satisfied with the service.  She indicated that she had kept that flyer because she appreciated how I responded to the criticism and wanted to give us a Second Chance.

Well, thank God for Second Chances!  Last month we successfully SOLD and CLOSED on their home. The transaction evaluation was completed and sent  back to us BEFORE the closing.  Her score this time...A PERFECT 10! 

Click on this link to see one example of our Marketing on this home and a comment from the seller... 

To learn more about Audu Real Estate and how we can Successfully Market Your Home in a Competitive Market, please contact us at 616-791-0511.

 

Copyright 2008 Audu Real Estate All Right Reserved

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Lola Audu, CRS, GRI e-Pro ~ Audu Real Estate

Lola Audu, is the Designated Broker & Owner of Audu Real Estate.  Our company specializes in helping people buy and sell homes in the greater Grand Rapids, West Michigan area.  We've had the privilege of helping hundreds of clients succeed in their goals of purchasing and selling property including demonstrated success in the negotiation of Short Sale Transactions. You can contact us via e-mail @ info@auduhomes.com or by phone at 616-791-0511. 

Twitter feed for Lola Audu     Auduhomes on Facebook     Lola Audu's photostream on Flickr 

 

19 Comments on Lessons Learned From the...Second Chance Listing.

APR
03
2008
425,488 Points 2 Featured Posts Outside Blog Called Shot Master
Lola, I think everyone deserves a second chance.  Although it is nicer to get it the first time around, you at least took the negative and turned it into a positive which is fantastic in itself.  You really were a winner either way.
1:31am • #1
1 Featured Post

Lola,

This just shows the importance of Team Standards and attention to detail.  Better to put out nothing than a poor quality product.  Continued good work and results, overcame the first mess.  Congrats for solving the problem and helping those folks out two years later.

List and Sell (with only First Class Marketing)   Gary @ RentonHomeFinder

 

1:40am • #2
354,647 Points 137 Featured Posts Localism Sponsor Outside Blog
Vickie...Thank you.  So often we only share what we do right.  Sometimes, you learn more by what you did wrong and then have to figure out how to do it right and better the next time.
1:48am • #3
354,647 Points 137 Featured Posts Localism Sponsor Outside Blog
Thank you Gary.  Standards are an important part of professionalism...so is the evaluation of results.
1:49am • #4
825,509 Points 9 Featured Posts Outside Blog
Lola, That's great!  I agree that everyone deserves a second chance, but you earned it by the way that you handled her criticism, great job!  We also have a customer survey that we get after every transaction, and the do help! 
2:10am • #5
101,828 Points

Congratulations, Lola!

No one is perfect - it's how we handle the imperfections when they come up.  I am glad you got a second chance - and proved yourself so well!

2:50am • #6
1 Featured Post
Lola- In this business we learn from 1 mistake and never do it again.  I tend to take criticism like you...I improve!  Congratulations on your second chance.
5:21am • #7
1,545,555 Points 416 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Sometimes I believe that agents have no cognizance that what they present to the public has meaning and reflects on their professionalism (and their broker). 

I went through the same experience when we changed from a Exclusive Buyers Brokerage to a Single Agency Brokerage and started listing properties for sale for our contingent buyers.  Agents prepared brochures that weren't worthy of a 3rd grade art piece. 

Since I insisted that I review everything under the title of advertising, I was able to catch these rags before they got to the client's eyes.  I simply reviewed brochures and flyers for compliance with the law and code.  What happened was the discovery that preparing a simple one page flyer was beyond the ability of many agents.  Many times, they were just careless.

We don't always get a second chance. 

6:07am • #8
848,742 Points 153 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master
Lola, this is such a dilema, when people ( even on our staffs) don't have the same motivation to do it right.I'm so glad it worked out for you in the end, but gee...it is OUR names on the marketing pieces and call backs. 
6:38am • #9
321,006 Points 52 Featured Posts Outside Blog
Lola, I liked how you handled this right from the start, and I'm sure that is what impressed the seller also. Job not only "well done" but professionally handled!
6:42am • #10
543,347 Points 39 Featured Posts Outside Blog

Lola,

Isn't that what business is all about...no one is perfect, but when someone points out a flaw, isn't it incumbant on us to 'perfect' it...if we want to lead and not be 'cookie cutter'!!! Thanks,   Fran

8:09am • #11
284,607 Points 37 Featured Posts Localism Sponsor Outside Blog
Lola, what a great story, especially since it ended so well.  This shows the importance of monitoring even when delegating.  I'm old fashioned enough and old enough to realize I will probably never hire an assistant or have a team but I have had wonderful partners over the years. We all have to remember that ever piece of paper that bears our name is a reflection of who we are.  You are so talented, I am very glad you designed a system that makes sure this won't happen again!
9:43am • #12
104,168 Points 5 Featured Posts Outside Blog
As you know so well, everything an associate does ultimately reflects back on the agency and broker. Brokers and office managers must keep close tabs on the activities and practices of their sales associates.
10:12am • #13
622,286 Points 21 Featured Posts Outside Blog
Congratulations.  Sometimes we have to be vigilant in our practices.  With color being so easily to print ourselves we all should only have color brochures.
11:32am • #14
494,048 Points 15 Featured Posts Localism Sponsor Outside Blog

Lola,

Congrats for getting the "call back" on this one.

You are so right on your analysis of the situation. As for the brochure/flyer I've seen some that look like cut and paste "ransom" notes, big mistake. Most agents don't realize that in the beginning (you know when they just fly out of the box the first week or two) they are usually viewed by neighbors.

As for your clients grading you, that takes courage, yet extremely beneficial.

12:02pm • #15
176,344 Points 2 Featured Posts Hit Router Called Shot Master
Hi Lola.. I just love your story.... Thank God for second chances...... I know that because your such a great person... people will come back to you again and again .....Keep Shining.....
6:45pm • #16
130,227 Points Outside Blog
Lola - glad you got that second chance!!! Congratulations on the sale!
7:56pm • #17
APR
08
2008
179,456 Points 5 Featured Posts Called Shot Master
A true professional - Congratulations Lola! And congratulations to the client for realizing you were indeed the one to list and SELL their home
9:31pm • #18
160,513 Points 8 Featured Posts Outside Blog

Hi Lola,

Fantastic story, you deserved that second chance. You handled the criticism with integrity and took responsibility to correct.  :)

9:38pm • #19

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Lola Audu~Real Estate Broker/Owner Grand Rapids, Michigan Real Estate

Grand Rapids, MI

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Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate

Address: 3659 Alpine NW, Suite 102, Grand Rapids, MI, 49321

Office Phone: (616) 791-0511

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