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ARE YOU AFRAID TO TELL THE TRUTH?

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Education & Training with Performance Development Strategies

Nicole Doty - Gilbert Real Estate Expert inspired me with her post Can You Handle the Truth.

No one wants to intentionally tell a lie.  On the other hand everyone wants to be liked and this fact can prevent people from saying what needs to be said.  I am not saying that you should offer a truthful remark that might be hurtful but when dealing with clients it never pays to conceal less than positive news. 

I am reminded of "You can't handle the truth!"  When we service our clients we sometimes think that they can't handle the truth or they will go to our competitor.  Therefore, we end up making promises we can't keep. What happen's when we under perform after we over promised? We have an angry customer and we may lose the customer.  Wouldn't have been  better to tell the truth.  Most customers will accept the truth and then when we exceed expectations they are delighted.  A skilled salesperson knows how to manage the customer’s expectations and then over deliver on those expectations.

No one likes to say no. You want to say yes to everything just so that you customer will decide to go with you and your product or service. You really know that you can’t say yes to everything. When yes is not the truthful answer or, at best, overly optimistic you are creating unrealistic expectations. When you fail to meet these unrealistic expectations you end up disappointing the customer. But that is not all. The customer will tell his or her friends that you are unreliable and that you make promises that you don’t keep. It would have been much better if you had told the prospect up front what could and could not be done. The best way to avoid alienating your customers is by managing expectations. And here is a system you can follow to do that.

Manage customer expectations from the very first meeting. The most successful way to start the relationship is by understanding the customer’s wants and needs. Conduct a complete fact finding interview. Find out what the customer wants and also what is the least he or she is willing to accept. You should ask questions about budget and time frame, for example. And, by all means, you need to be honest with the customer. If the customer has any unrealistic expectations let them know what is realistically possible.

Next, explain completely your process in working with clients. Be very honest about time frames. Don’t leave things open. You can’t spend all your time with one client so be realistic about the time you will devote to them. If you have an engagement letter spell out your process including what customers can expect from you as well as the things you will need from them. When you present this information you are showing the customer and you are a professional. Contrary to what you may think you are actually enhancing your value to them by showing them that you know your business and that you are thorough.

 

HiringSales

Begin your engagement with the confidence that you know you can perform. You will have less stress. You will also have an excellent opportunity now to over perform and exceed expectations. Managing customer expectation will help you manage your time and increase customer satisfaction. This is a double win.  For a similar post on our website see DEVELOP LOYAL CUSTOMERS BY MANAGING CUSTOMER EXPECTATIONS.

 

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Grant Schneider,
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Comments(34)

Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Grant,

The truth is the only way to run your business, your life...it is much less difficult than keeping track of deceptions! 

Feb 23, 2015 02:06 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Rebecca - yes we must tell the truth.

Lisa - that is true.  When there are different stories it is hard to keep them straight.

Feb 23, 2015 07:56 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good post. My Father used to always say , ' Do not be afraid to tell the  truth.'

Feb 23, 2015 08:44 PM
Roy Kelley
Retired - Gaithersburg, MD

This is good advice and you could write a series on this topic. 

Feb 24, 2015 12:00 AM
Beth and Richard Witt
New York, NY
The best Retired Brokers !!!!

Good one Grant... I'll be sharing the engaement letter idea with our agents.. Happy Day

Feb 24, 2015 02:14 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Good post. The truth has seldom cost me a buyer but it has cost me listings when I've told the seller I can not lie about "that" or ignore it's existence.

Feb 24, 2015 05:30 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

So well stated Grant. This is the way I work and I explain it up front. I want the client to know the real truth and how our journey together will likely be.

Feb 24, 2015 11:48 AM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

No I am not afraid to tell the truth. When representing sellers and buyers it is very important to tell the truth -- especially for sellers, telling the truth will keep them out of a lawsuit. 

Feb 24, 2015 03:51 PM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

Managing expectations is so important.  However some sellers have a certain price in their mind

Feb 24, 2015 06:46 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Gita - yes.  It hurts a lott less than a lie.

Roy - ok, I will give that some thought.

Beth - great, I think that would be a good idea.

Bob - you were better having that happen at the beginning.

Debbie - once it is up front there is less stress.

Pamela - that is another good point, lawsuits.

Russ - and telling them their chances with the price is important.

Feb 24, 2015 07:40 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Grant,

I'm a firm believer in running my business and managing my life by the truth. It's so much easier than over promising and not meeting family and customers expectations. Under promise and over deliver works well for me. Your post is excellent and gets your point across " Managing customer expectation will help you manage your time and increase customer satisfaction."

Feb 24, 2015 08:49 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Dorie - yes, you definitely summed it up.  You are totally dependable when you have not over extended.

Feb 24, 2015 10:25 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, many clients (both buyers and sellers) do not want to hear the truth, but if you don't relay the truth, it will come back to bite you.   

Feb 24, 2015 10:32 PM
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Grant: I always make it a practice to give my prospects or clients the whole picture and the truth to set them up for realistic expectations.

I find that being candor and straightforward works best for me and the clients.

Feb 24, 2015 10:51 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Joan - I know.  Many of them can't handle the truth.

Maria - yes, it always works better that way.

Feb 24, 2015 10:57 PM
Hillary Sheperd
Servpro of Scarsdale / Mount Vernon - Scarsdale, NY
Co-Owner ~ Servpro of Scarsdale / Mount Vernon, NY

Grant ~ I really think that the best way to avoid telling "untruths" is if you're really bad at it.  Some have poker face perhaps, but I have to be truthful because I am really bad at even little so called "white lies" -- great post, my friend, and good advice!

Feb 25, 2015 11:56 PM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Grant, I thought Nicole Doty - Gilbert Real Estate Expert did a wonderful job with that post.  And, I am glad that you expanded on it and did a great job yourself.

Feb 26, 2015 06:01 AM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Great post Grant! I never want to be one of those agents who simply say what they need to say just to gain the client because in the end you're only going to make yourself look bad when you fall short of the expectations you falsely built up.

Feb 26, 2015 06:51 AM
Chuck Willman
Chuck Willman - Alpine, UT
NewHouseUtah.com

I have no problem with the truth- I don't understand the rationale of gamesmanship and strategy that involves keeping one's cards close to the vest. So much of business posturing is a silly and a time wasting exercise. It's just so much easier to deal openly.

Feb 26, 2015 10:19 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hillary - I know some people can tell a lie and make it sound like truth--for the time being!

Ron - indeed Nicole Doty - Gilbert Real Estate Expert did lay it out well.  Thanks for complementing my expansion.

Nicole - you are so right about that and you had a great post.

Chuck - I don't understand the rationale either but some insist on doing it.

Feb 26, 2015 09:03 PM