Special offer

THE POKER FACE PRINCIPAL

By
Real Estate Broker/Owner with people first...then business Ran Right Realty 636943 licensed to thrill

People buy from people first is a well know marketing dynamic. It works off emotional energy. It is as simple as that. You engage someone at the point of sale and if a like, connection, trust, or feeling kicks in, then the sale is fast becoming a done deal with minor obstacles. The thing is, sometimes it is not in your favor

IN & OUT

Emotions send signals of approval or disapproval and people react and adjust accordingly. Look at it this way. If you don't like the person who is on point, a  "no sale" has or will already have taken place and is gelling depending how bad you do or do not want whatever it is. Emotions can lock buying in or lock purchasing out

CRINGING

Where I cringe is when I have a buyer that makes their entire position known via excitement. The seller of the car, house, retail item or garage sale goody now has the upper, profitable hand known as the golden rule handed to them on a platter. They not only have the item, they own you too courtesy of emotions...YOUR emotions I might add

LOL SECTION

I think it is fair to bring up that I tried conveying this to my wife many times to no affect. She believes in the joy of the act and sees me as the joy-reducer. The more I try to explain it, the worse it becomes making me out a messenger of doom. Our compromise has been slow but is progressing. Today, I consider her a smart shopper which allows me to relax a little but there are times

THE SELLER RULES

Emotions to a buyer of anything while good, healthy and a form of pre-celebration goes directly against the negotiating power or dynamics. If someone wants something really bad, all the seller has to do is sit back, smile, be courteous, patient and sympathetic until you take out your cash or contract to purchase

THE SELLER HAS A RIGHT

Hey, if you are the seller, then I am happy for you. It is your time and if you have something that excites, well it is perfectly in line to capitalize on the situation. I support it. I get it. The funny thing is that if a buyer of said item showed less enthusiasm going in, I know you would take less. How much who knows?

I WANT-YOU WANT

Showing an interest in buying, sending a purchasing signal or intent to consummate a transaction is expected and wanted by anyone selling/buying anything. This is what makes the economy of the world go round and round. The wanting of anything drives the money bus. This bus must keep traveling

PROMPTING THE SALE

Good sales people even recognize fence sitters, hesitant buyers or ones ready to go and prompt them with a kind word or inquiry as they should. After all, this is a willing and satisfying dynamic that has been around since the early man days of trading. Sending and receiving, giving and selling

HOW CAN HURT?

That's why it is so important to either have your "poker face" on point when transacting for the big or special items and with an agent as well. You see an agent knows how bad their buyer wants something and can communicate it without jeopardizing or weakening their clients position. This can save $$$$

WHO BREAKS FIRST?

When purchasing a high-priced, special item where there is room to negotiate, both the buyer and the seller live on the edge at times not knowing what will take place and when by whom first. This little "pending zone" is private and when one gives a hint as to what they are thinking, can cause a gain or a loss of some sort. It is called the advantage and shifts accordingly.

SHOW AN INTEREST

I want to end on a good note. Yes, be happy, enthused, positive and readable as to what you are doing and why but with a dignity, a grace and a hint of possibility that you may be interested providing YOUR expectations are met. Ahhh, then it begins on a good note.

The poker face says what we tell it too say....The celebration comes after we have a deal

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Richie -- Poker face is good.. knowing the objectives of the other party is also a plus.. then one can construst the best negotiating strategy.  it's not always about the price.

Jan 26, 2015 11:01 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Richie Alan Naggar Author PEARLS SERIES of books - lessons to my buyers at my consultation: Even if they like the home (at open house or otherwise), the only person they will disclose is to me! 

Emotions are good - however, in such situation, it may hurt them financially.

Jan 26, 2015 11:04 AM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

HA . . . good points Richie.  I remember a few years ago, a very particular buyer toured a house.  She turned around and mouthed "I love it" to me . . . which was fine.  Only thing was, it was a vacant house and no one would have heard that.  The other side of the coin?

Jan 26, 2015 11:19 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

OUTSTANDING! I'M SO GLAD THIS ONE WAS FEATURED!

I WISH I WAS TAUGHT THIS IN GRADE SCHOOL!!!!

THANK YOU

Jan 26, 2015 06:16 PM
Richard Robibero, e-Pro, ABR, SRS
Panorama R.E. Limited - Toronto, ON
Selling Your Home as if it were My Own!

The poker face works only when evertything else lines up. For example, it's happend more than a few times where the the agent says there is no more money for the purchase, I say ok, and then they leave. An hour later the agent is still parked outside with their client, even as I leave to drive home. 5 minutes after pulling into my driveway the agent calls and says they found some way to add more money to the price...

 

... no kidding.

 

Jan 26, 2015 09:06 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Beth...the whole post in one sentence...thank you

Raymond...the first question I ask young engaged couples who want to get married is...Do you like to argue? If they say NO, I say then don't get married..lol

Thomas..."never celebrate at the table"....It should be meet once a year club

Joan...in the end, the gold gets more attention than the prospectors. Money driven deals brings out the sharp edge of all involved...

Praful...what people say and what they are thinking during negotiations is what this is all about...The area of "more or less" needs to be corralled before we start congratulating each other

Carla...sounds to me we have a naturally disciplined person on that tour. Methinks.....things just go smoother for Ms Whisper

Patricia...Yes...to grade school. Then, role playing where we work the bugs out. then, to real life where everyone gets what they truly bargained for....Yes?

Hello Richard...yes to what you shared...There is so much going on that one would do well to become an observer and a good listener. You cant go wrong

Jan 26, 2015 10:34 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing the great tips and advice. Congratulations on the feature.

Jan 26, 2015 11:05 PM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

It's one of the more difficult things to do is willing to walk. With that genuine mindset the poker face is inevitable. 

Jan 27, 2015 01:25 AM
Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change

Have you ever noticed though Richie? Even those who are astute enough to keep their comments to themselves can sometimes tip their hand unknowingly. The whites of their eyes enlarge, their speech quickens and their overall body language shifts. In the best scenario, the sellers or their agent aren't there to witness this telling behavior!

Jan 27, 2015 01:31 AM
Liane Thomas, Top Listing Agent
Professional Realty Services® - Corona, CA
Bringing you Home!

Agreed! Buyers, control yourself around the seller until I hand you the keys. Then we can do a happy dance together!

Jan 27, 2015 02:21 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello Gita...always a pleasure to have you over...thank you

Hello Pamela...it is as you say and thank you P

Hello Karen...most excellent commenting and yes to it. I am a student of the tone of voice, the facial expression, the faux pas, the body language and the slip of the tongue PLUS more....People are walking advertisements of what they are thinking more often than not...thank you

Jan 27, 2015 02:22 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello Liane...everyone to Liane's after the post for "happy dance" lessons. No parking in the driveway and BYOH...(bring your own happy)

Jan 27, 2015 02:24 AM
Kimo Jarrett
Cyber Properties - Huntington Beach, CA
Pro Lifestyle Solutions

Interesting, provocative and unemotional, all factors that lend to the compounding and indestructible elements that undermines or legitimizes the benefactor and their position. 

Jan 27, 2015 03:52 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello Kimo...your comment is like filet mignon for the subject matter

Jan 27, 2015 10:07 PM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

I am a lousy poker play and have a poor poker face.  But I do like black jack and I can count and figure.  It is not about bluff to me, it is about how good the deal is and what are the other options. 

Jan 30, 2015 01:14 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Gene...you have other desirable traits at work and are aware of them. Go Gene!

Jan 30, 2015 02:08 AM
Claude Labbe
RLAH / @properties - Washington, DC
Realty for Your Busy Life

There's a Lady Gaga song that still plays in my head about this.

Having a Poker Face is critical, be it for real estate or, in the song, for love.

Feb 01, 2015 12:38 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello Claude...until we all play  fair and good....proceed accordingly...yes?

Feb 01, 2015 10:18 PM
Winston Heverly
Coldwell Banker Access Realty - South Macon, GA
GRI, ABR, SFR, CDPE, CIAS, PA

A super post I came across among the many archieves and frequent bloggers. Thanks for being apart of Active Rain.-

Apr 10, 2015 01:08 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello Winston...You are always welcomed at Richie's General Store & Post

Apr 10, 2015 11:48 PM