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CONSULTATION AND RELATIONSHIP BUILDING

By
Education & Training with Performance Development Strategies

Just about every profession has a set of core competencies to go with their functional skills.  In real estate there are specific functional skills that must be mastered before an agent receives a license.

It is no accident that two core competencies of human resource professionals, for example, include consultation and relationship management. And this is no different for other professionals including real estate professionals.  Really, whether internal company consultants or external sales consultants everyone is truly in sales. Sales is about consultation and relationship building.  Trust is vitally important, and this is built on credibility and respect.

Dan Pink, in his book, “To Sell is Human,” talks about how we are all in sales so to speak. He calls this the art of moving people and says that it applies to everyone from consultants to teachers. The old formula of sales no longer works. Those who remember sales from years ago remember ABC which means Always Be Closing. This is a tactic that no longer works in today’s information rich environment. Using gimmicks to get sales in the past was based on the fact that the seller had a deal or that the buyer did not know what the seller knew. Today we buy things from the Internet. In fact, anything a buyer wants to know is on the Internet. The buyer can also easily obtain information on the seller.

In today’s environment we need to understand that we are all in sales so far as we are all influencing people in one way or another. The value of our advice and is what matters now. For example, home buyers can educate themselves on neighborhoods, schools, homes, asking prices, and anything else. Today’s smart Realtor knows that by being a source of information she can create value for her clients. People can do the same Internet research when they buy a car. Therefore, when the Realtor, the car salesperson, or the business consultant uses the shared information, they can place themselves in the position of assistant buyer and of trusted adviser to the customer’s interests.

Knowledge is readily available to buyer. Therefore, the seller should acknowledge that fact and spend the necessary time to develop a relationship with the customer which will gain the customer’s trust.

This means that we must spend the time and build the relationship so that we learn our customers’ needs and desires. Many in sales make a serious mistake by rushing this phase of the process. Researchers have found that the more successful salespeople are those who can uncover problems rather than listening for needs and providing solutions. Uncovering problems and issues will take time and careful listening. Continue to peel back the onion by listening to understand. Developing this skill will uncover the real issues and this will position you to provide the solution which will exceed your customer’s expectations.

 

HiringSales

The ultimate source of your credibility will be your ability to deliver, to solve problems, to take on the hassles that the customer would rather not think about nor bother with. When you do that and more you will exceed your customer’s expectations. You will also position yourself to become their trusted adviser.

Do what it takes to become a trusted adviser. Trusted advisers earn more money, they receive many more referrals and repeat business, and they establish a long-term relationship with their customers.  For a similar post on our web site see SUCCESSFUL CONSULTANTS MANAGE RELATIONSHIPS.

Would you like to work on your relationship and consultation skills?

Contact us to learn more

or call 914-953-4458.

 

Posted by


PDStrategies.net

Armonk, NY
Port Saint Lucie, FL

(914) 953-4458
CALL OR TEXT

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Grant Schneider,
CBC, SPHR, SHRM-SCP*

*Certified Business Coach,
Senior Professional in Human Resources

President, Founder
& Leadership Coach

About Me

 

Comments(29)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Joan - that is right.  You can become their assistant buyer.

Oct 01, 2018 06:42 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Grant,  Great information and can tell that you have great experience of training people.

 

Oct 01, 2018 11:05 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Grant I completely agree with your closing remarks.  It is easy to get people to know you.  Most of us can also get people to like us fairly quickly.  But no matter how many people you know, and how many like you, it takes time to earn their trust.

Oct 01, 2018 03:29 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Grant what an awesome post and indeed we all need to think like Consultants, that is the only way we will get the opportunity to influence our clients. The clients who listen to my advice appreciate it and become repeat clients for the rest of their lives, Endre

Oct 01, 2018 11:57 PM
John Henry, Florida Architect
John Henry Masterworks Design International, Inc. - Orlando, FL
Residential Architect, Luxury Custom Home Design

Excellent post Grant.  I haven't read Zig Ziglar's stuff in years! ha.

So ABC is out of date.  Good takeaway: SALES: influencing people in one way or another.

Oct 02, 2018 04:30 AM
Roy Kelley
Retired - Gaithersburg, MD

Congratulations, Grant, on your feature recognition.

Thanks for telling us about this book and for sharing your experience and advice.

Oct 02, 2018 04:48 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Decades ago...They had something called "banking hours" where anyone wanting to speak with a banker could do so. Consultations are a form of this dynamic today. Yes to this making a come-back! 

Oct 02, 2018 07:02 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Grant

Glad to see this was featured. I think we are all aware of how important the relationship is, but some are better in fostering, and maintaining, that relationship. While we can and should be a source of information, the greater value is in helping our clients understand what that information really means for their situation, and making sense of the contradictions and errors on the Internet.

Jeff

Oct 02, 2018 07:34 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Will - thank you.  I appreciate that.

George - very true.  It is all about trust.

Endre - an agent can be more of a consultant today to really help define goals curate all of the information out there.

John - yes, it is the art of influencing

Roy - thank you very much.  That is a good book to read.

Richie - I never realized that was what banking hours meant.

Jeff - spot on.  Lots of information is available but we can add context to that information.

Oct 02, 2018 08:43 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, this was exactly what I was trying to do on Saturday with the "strange buyer", and oddly he wanted nothing to do with sharing, so I could a better sense of his and his wife's needs.

Oct 02, 2018 10:53 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Another timely post Grant Schneider as the old ways of selling are losing ground due to the readily available information that technology has brought.

Congratulations on another well deserved Feature!

Oct 02, 2018 02:57 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Grant- what a wonderful post. If you talk to consumers about their recent experience with a sales person I bet that something that comes up often is that they felt the sales person didn't really listen to what they were saying and didn't understand what they wanted. 

Oct 02, 2018 06:24 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Grant- - - it seems to me that effective sales negotiations starts when we are children.  Even some babies I have observed over the years have mastered this skill. Sorry for going off on this tangent...you got me thinking...

Good post.

Oct 03, 2018 03:23 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Joan - that buyer you described in your blog will not work with anyone.  Sometimes we need to know when to move on.

Lisa - when we think on being consultants, trusted advisers, and assistant buyers we have much more success.

Kathy - yes, and unfortunately Dan Pink found the word sales brought many negative connotations such as pushy.

Micheal - good observation.  Yes conditioned response.

Oct 03, 2018 05:12 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Grant Schneider - Your post is so on point and well done.  I have been in sales and service my whole life and watched the transformation. 

My job is to advise and find solutions for my client. It can mean pointing out areas of concern in a home or area and why it may not be the right choice for the client.  It is also to highlight the trends I see locally.  As a seller's agent, I have to market their property to attract as many buyers as possible. 

If we understand our local market well, we add a lot of value for our client. 

Oct 05, 2018 05:08 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Sheri - yes, you are correct.  And with all the information out there a person needs a trusted adviser.

Oct 05, 2018 08:24 AM
EnCourage Realty
Houston, TX
"Be.Do.Have.Give."

i agree on this.. this is one of the important points to remember

Oct 18, 2018 03:15 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Yes indeed.  It is what is called information symmetry when prior times the selling could hold information.

Oct 18, 2018 07:41 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Founded in education and fostered by trust...no better assets for a consultant.

Dec 21, 2018 01:24 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Sally and David - that says so much!

Dec 22, 2018 06:34 AM