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When is a Client No Longer a Client?

By
Mortgage and Lending with Salem Five Mortgage Company

I honestly don't know which is harder.    Doing a cold sales call for the first time to an office or dropping in after a long absence.    Personally, I think the latter is more awkward.   Sometimes it's the winter months that have caused me to be a bit of a wimp in making my rounds,    Maybe it was a busy spring and summer market (ok, maybe not so much in this environment) that causes us become complacent in getting out to see our clients.  Whatever the reason, I think many of us have been in this situation.   It seems the longer you go without stopping by to say hello, the harder it is to walk back through that door.

We wonder what kind of a reception we will receive.  Will it be one of "it's great to see you?"   Will it be one of cordial welcome but the relationship just doesn't feel the same?  

I was called on by a sales person I hadn't seen in a long while.   She had recently attended a seminar where the question of "when is a client no longer a client? was the fundamental theme.  It was a simple answer.   "When you stop calling on them."

So how does one go about the task of reestablishing those relationships that we have allowed to drop off our radar? 

The key is the motivation, a little humility in not making the time to stay connected.  It takes discipline to maintain relationships.  And we are in an industry where relationships are our cornerstone to success.  I have never been a good time blocker.   All the best sales training will tell us to block off time for those sales calls.  To be consistent in our efforts to build those relationships.

I have been absent from AR for several months because I got out of the habit of checking in and seeing what my friends here are doing and saying.   A wealth of good information and support exists here.  Yet after a few weeks or months of not connecting here, it soon wasn't even on my radar anymore.   The discipline of stopping by to say hello to my fellow AR members to seek support or offer encouragement to others soon dissipated in lieu of other priorities.

I didn't realize how much I missed this forum until I recently ran into another AR member at a function recently and she remembered me from almost a year ago from this site, but had not met personally until now.  She told me to get back on board with AR and reminded me of what a great resource this forum is.   (thank you Margaret)  So I am tiring now to make it a priority to get back into the habit of stopping by to see what my colleagues are saying and doing...... I've got a lot of catching up to do.

But I am happy to be back and so warmly received.   Now to the task of getting out of the office more and rekindling some old relationships and cultivating new ones.   

Fall is a good time to start a new plan (or re-institute the tried and true.)   It's easy to get lazy and rely on emails and an occasional phone call, but the effort of getting out of the office to see people is more important than ever.

So remember.....  "When is a client no longer a client?    The answer is obvious.

 

 

 

 

 

 

 

Comments(12)

Lewis Beynon
CENTURY 21 Triangle Group - Raleigh, NC
Lew B Realty

Linda, I couldn't agree more.  It is VERY hard for me to call people that I barely know through my son's school or his sports team.  I barely know these people and now I'm calling to solicit business!!!  My approach is always very low key.  I send out a monthly letter with market stats so when I call I just say that I wanted them to know what the local market looks like since the national news is so bleak. 

I have several people in my database that I used to work with.  Many of them have never called or emailed since I got into real estate.  So, I ASSUME they don't like me.  My colleagues keep telling me "don't assume what people think!" (This is also the number one problem in marriage).  So, sure enough I left them in my DB and when I do finally connect with them, they have all responded positively.

Great blog and welcome back.......keep 'em coming!!!

Sep 27, 2008 01:45 AM
Linda Peters
Salem Five Mortgage Company - York, ME

Lewis

Thanks for dropping by and sharing your thoughts.    It is true that we make ASSUMPTIONS that are often false.   We all want to be received in a positive light and fear the alternative.   Truth is that more often than not, we will be received warmly by most as you point out.

Yes, it is nice to be back and people like you make this forum a place to blossom.

Good luck in all your endeavors!

 

 

 

Sep 27, 2008 02:15 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Excellent post.    I think the longer we're in the biz, the more difficult it is to do the simple "keep in touch" routines alive (we get busy in our own lives, too, and there it goes!).  

Sep 27, 2008 04:34 AM
Linda Peters
Salem Five Mortgage Company - York, ME

Hi Li

Thanks for stopping by and commenting on my post.  

It's counter intuitive isn't it?   It would seem that the longer we are in the business, the more disciplined we would become, yet for so many of us, the opposite is true, and the next thing we know a whole lot of time has passed and we have to consciously get back to the basics.

 

Sep 28, 2008 01:56 AM
Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS

Linda - several times, I have re-connected with previous clients that I lost touch with.  They were so happy to hear from me that I wondered, 'what was I waiting for.'

Sep 28, 2008 05:47 AM
Linda Peters
Salem Five Mortgage Company - York, ME

Hi Virginia...

Thanks for reiterating that positive feedback.   Isn't it amazing how much we allow fear of rejection get unnecessarily in the way?

 

Thanks for stopping by

 

 

Sep 28, 2008 06:39 AM
Kathy Clulow
Uxbridge, ON
Trusted For Experience - Respected For Results

Linda - There really is no time to long to re-connect, some of us do not like to be the in your face type of person and connect on an ongoing basis in a casual manner on the street, in the store, at the gas station but best of all (here in Ontario at least) at Tims over a coffee. Its amazing how many people you know go through in the length of time it takes for your coffee to get cold

Oct 02, 2008 12:04 PM
Linda Peters
Salem Five Mortgage Company - York, ME

Hi Kathy

It is so true.  I have never really liked to be that type of in your face person and because of that, I have always felt that building relationships over time is the best way to achieve quality business associates.   Yet sometimes, I get busy and loose touch and going back out to see offices I have neglected for months at a time feels a little awkward, yet I am amazed at how warmly I am greeted.   

You make a great point though about the coffee cooling... I need to spend more time at the coffee shop! - grins.

Thanks for stopping by and it's great to be back in the Rain.

 

Oct 03, 2008 12:45 AM
Margaret Mitchell
Coldwell Banker Yorke Realty - York, ME
Seacoast Maine & NH Real Estate

Well, I look forward to sending you many clients in the future.  Hey everyone, Linda co-sponsored a joint broker/public open house with me and did a fabulous job.  I can't thank you enough, Linda.  Your rock, girl!

Dec 08, 2008 02:22 AM
Linda Peters
Salem Five Mortgage Company - York, ME

Hey Margaret

Thanks for the Kudos..... it was such a fun open house and I hope that house is securely under contract as I write this.    Thanks for asking me to co-sponser it with you and I not only look forward noto working with you but seeing our relationship continue to grow.   You are a real joy to work with!!

 

 

Dec 08, 2008 02:42 AM
Paul McFadden
Responsive Pest Control - Seattle, WA
Pest Control, Seattle, WA.

Linda: Thanks for the reminder. I, for one, am too much of a soft sell and know I need to work on this. When is a client no longer a client? Ultimately it should be our choice. The only instance I could think of is if they move away, pass away, or they're difficult to deal with. That would mean that most of the time a client should remain a client. That is, as long as we're doing our job. Thanks for the post!

Dec 08, 2008 08:36 AM
Linda Peters
Salem Five Mortgage Company - York, ME

Hi Paul

Thanks for stopping by.   I agree with you that a client should stay client as long as we are doing our job.  In a slow market, it is not the time for slacking, in fact, we have that extra time to nurture those valued relationships.

Now I am going to head on over to your neck of the woods.

Dec 10, 2008 09:01 PM