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STEP 2 IN GOING FROM GOOD TO GREAT - TALKING TO LOTS OF PEOPLE!!

By
Education & Training with Performance Coaching
Dear World Class Performer:

"Don't work... NETWORK!!" Fred Wilson

In my blog yesterday we outlined the first step in going from good to GREAT.....URGENCY - Making your career just this week. The second cornerstone of the Deal-A-Week program is INTERACTION. Once you enter the day with the firm belief that you can talk to someone today..... that will lead you to a deal today.... it is time to start talking!! As a real estate professional... your job is to talk to people all day long about real estate. Opportunity is your calling card and your daily goal is to connect people and property.

SO WHY AREN'T I TALKING TO MORE PEOPLE EACH AND EVERY DAY??

The reasons are many...

I don't know who to talk to...
I don't know what to say...
I don't want to be perceived as pushy...
I don't want to be rejected....
I am too busy doing other things....

I am sure you could add a few other items to the list.

If you are going to be successful in this business I think it is extremely important that you come face to face with the reality that you have to talk to people on a egular basis about real estate. You are not going to be able to work your way around this concept if you are going to sell a home or more each week.

HERE IS THE GOOD NEWS!!

It doesn't make a difference who you talk to. Since everyone lives somewhere... and their life is constantly changing.... anyone you talk to on any given day is a candidate to do business with. When you open your mind to the possibility that talking to the person in the grocery store line is just as valuable as following up with any of your so called "leads".... you will find there are a lot of people you can talk to each day.

IN THE END.... IS SALES NOTHING MORE THAN A NUMBERS GAME?

I think the best answer to that question is yes and no. It is important to know your numbers for planning purposes and for improving your conversion skills. However it is also important to realize that making contact is not enough. If you are just talking to people and not asking lots of questions, and not going deep and wide, and not getting the truth with each person you speak with, and not vending opportunity to start a real estate discussion... it is very easy to rack up a bunch of contacts and little or no sales.

On average it takes 250 contacts to generate a sale. Yet our top agents only need between 25 and 50 contacts to produce a sale. Why the big difference? The top agents are working to make connections based on opportunity. You can go to a door just to knock or you can go to a door to find a deal. You can talk to someone in Starbucks and be polite or you can talk to someone in Starbucks and be very curious to know where they live and how long they have been there and where they would go if they were ever to move or what kind of great real estate opportunities they would be interested in or who do they know that is thinking about buying or selling right now.

THE HOLY TRINITY!!

Again.... your job as a real estate professional is to talk to people.

Your goal is to connect with as many people as you can in a day using opportunity as the "hook" to start a real estate conversation.

OPPORTUNITY > PEOPLE > PROPERTY

This is the holy trinity in your real estate business. When you are connecting the dots of this triangle on a very consistent basis... you are on the path to doing a Deal-A-Week.

TOMORROW STEP 3 - INQUIRY, Going deep and wide!!

Make it an OUTSTANDING TODAY!!

Steve Shull
Performance Coaching
Helping people go from good to GREAT!!
www.100daychallenge.ning.com

 


Barb Corsa
SendOutCards - Green, OH
Helping you keep in touch

Hi Steve,

Thanks for the informative blog! Now I have to go find the first one to read.

Each person you talk to knows about 250 people each, so it's vital that you keep in touch with them to keep the ball rolling. Most of them have business cards to make databases with, and ALL of them have a birthday every year. Most people will give you the month and day of their birth to jot down on the back of their card if you say you like to send birthday cards to the nice people you meet.

I think people have to be careful about not just coming up on others and spraying their information all over them right at the get-go (Hi, I'm in real estate, and I do this and that and who might you know that is...., etc.). Great way to have them turn and run from you. Some people tend to come on so strong with the "where do you live, what do you do, when do you do it etc." that you might start to wonder if they want to stalk you or just rob your house - LOL! People guard their personal information (but they'll swap a business card with you in a heartbeat!).

I'd love to see a blog about the dynamics of approaching these strangers in the best way possible, especially for people who hesitate to get out of their comfort zone and don't know how to get started.

If you want to see how to easily keep in touch with all these new people you're meeting, check out my profile.

Thanks,

Barb

Jul 22, 2008 03:23 AM
Steve Shull
Performance Coaching - West Los Angeles, CA

Thanks for your note. Let me know if you don't find the blog entitled Step 1 in Going From Good to Great - Making Your Career Just This Week

In terms of your question - how to approach strangers...

Any conversation can easily be steered into a real estate conversation if you want. The big thing to remember is you are not trying to get something from someone, you are looking to give them an "opportunity" if they are so inclined. Most people are always interested in hearing about a great real estate opportunity whether they are in the market or not. If they are interested they will ask you questions. If they aren't interested, you just quickly move on to another subject or another person. Too many salespeople have a fear of being pushy. This is a big limitation in real estate as a big, big part of your job is talking to people.

It is truly important to remember...

Everyone lives somewhere...

And their lives are constantly changing...

And therefore any person you talk to in any given day could be a potential prospect.

In our Deal-A-Week Production Model we believe talking to the person in Starbucks about real estate is just as important as following up on one of your so called leads. You really never know where your next deal is coming from and it is critical to remain open to all the possibilities. There is a deal out there EVERY DAY!! The question is... are you open to finding it.

This is why scripts and dialogues are so important. They enable you to speak fluent real estate in a very natural, not forced way.

And it is also important to embrace the concept that a "no" is just as good as a "yes". Once you learn that "no" is not personal and really only means... Next Opportunity or... now you KNOW... this whole game becomes a lot easier.

You will see in the next 2 emails on this topic, Steps 3 and 4 in the process are; Asking lots of Questions and Getting to the Truth.

If you would like me to send you our top 100 scripts and dialogues, please let me know. There is no cost.

Steve

 

 

 

 

 

Jul 22, 2008 03:50 AM
Kim McMahon
Executive Realty Group - Skokie, IL

Hi Steve,

 

Great Post!!  I'm in Commercial Real Estate, primarily investment (apartment Bldgs.) You have put a whole new perspective on "leads"

I can't wait for tomorrow's post.

 

Kim 

Jul 22, 2008 12:26 PM