There are things you can do at a networking session that simply can't be done on the MLS or in an open forum. Most of this I published 3 years ago:

Back in 1974 I went to my first meeting with Chapter Number One of the Farm and Land Institute a division of the NAR, now called the REALTORS® Land Institute. At that time they were the dominant commercial arm of the NAR, Unlike the better known and better educated CCIMs these were people, people. They taught me was you don't need to talk about the property, leave that to the CCIM's!

Yes, I did say that you don't need to talk about the property!

At FLI marketing sessions we rarely talked about the property we talked about solving the people problem! It's not that we don't need to know about the property we do, but facts are facts, put them in writing. Print a flyer, a hand out sheet, a copy of the MLS print out. Don't except us to take sufficient notes about the property to sell it to our investors when we get to a phone or back home!

Here we are thirty-four years later and that's still great advice, but what does it have to do with networking?

Networking gives us access to people like those old FLI brokers who can help, people with hard earned experience, people that will with-in reason share freely. Give them the facts about the property in writing, so that they can have them in hand while discussing your problem. When talking we're going to look for solutions which more often than not have much more to do with the buyer and seller than the property.

If you're looking for help, be prepared to discuss both of your clients needs wants, desires, and assets, because that's where the solution lies.

One more thing remember that "within reason" there is a point after which we should be paid.

Often, problems really only needed an idea or a simple referral.

Networking allows you to solve the people problem!

Bill

William J Archambault Jr

The Real Estate Investment Institute 

Bill

William J Archambault Jr

The Real Estate Investment Institute

wja@reii.org  832-259-7078 or 702-516-1569

     http://www.reii.org  Back Cover One House At A Time http:www//reii.org http://www.flippingforfunandprofit.info/ http://www.billarchambault.com   

From my past: GRI 1975, FLI 1974, Catalyst from a client 1974 an agent that makes things happen, REII, The Real Estate Investment Institute 1995.

http://www.reii.org

©William J Archambault Jr ©The Real Estate Investment Institute ©REII

 
This post has been included in Texas Information
Post is included in group: "Real" Mortgage Experts Networking Group
Post is included in group: Silent Majority
Post is included in group: The Ninety-ninth Percentile

6 Comments on More Thoughts On Networking

OCT
07
2008
179,564 Points 14 Featured Posts Localism Sponsor Outside Blog

Hi Bill, I just wanted to give you a heads up. When I go to your blog (I am a subscriber) all of the recent blogs are posted and so each of your "avatars" begins speaking at the same time so it sounds like I am in a room with several of you at the same time! This may only occur on my computer but I thought you would like to know!

7:13am • #1
109,021 Points 11 Featured Posts Outside Blog

Bill A, That was the same methodology we used as Exchangors back in the '70s. Most of the younger people in this business get very defensive when you ask questions about their clients. I guess they don't understand that in a "normal" market the property isn't going to sell itself. A little "creativity" is calledf for if we want results.

Bill Roberts

10:02am • #2
206,685 Points 19 Featured Posts Outside Blog

Bill R.

You're totally right!

In the mid 70's a friend, Terry Housler and I tried to start a local exchange group, we were making money with FLI, but it took 3 or 4 days on the road each month, the CCIM marking group took another 2 or 3 days. We organized through our local Board a group we called "KEG" for Kalamazoo Exchange Group, it didn't work!

Locally REALTORS didn't trust each other! They thought if they talked about solving the clients problems, instead of the buildings, others would use the information to steal the client or listing. We beat our heads against the wall for several months and gave up. It's a shame, because buildings don't have problems, they maybe in need of maintenance, but the building doesn't care.

I have one product! It's not the listing. It's not the client. And, it can't be stolen! My product then as now is Bill Archambault! You're good, very good, but you can never be me and that's what I sell! I don't fear you and you don't fear me, because I can never be Bill Roberts!

Local groups where the participants don't know their person value, (Or do they?) are pre-ordained to fail. It's so tragic, I learned so much real estate from the CCIM's and so much humanity from the FLI, and all our clients benefitted!

This is a sears about networking, those that chose not to participate lose!

Bill

1:21pm • #3
206,685 Points 19 Featured Posts Outside Blog

Russel,

I'm aware of it. It stops when you click on just one blog.

I'm expermenting with this maybe it's not for this site.

But, it is attention getting!

Thanks

Bill

1:23pm • #4
179,564 Points 14 Featured Posts Localism Sponsor Outside Blog

Bill you are welcome! I also have a question, Are you the "Uncle Bill" I hear about from Jennifer in Portland, Oregan? I believe we have visited before but was just curious! Thanks and have a great week!

1:32pm • #5
206,685 Points 19 Featured Posts Outside Blog

Russel,

I have that honor! It's honorarey, I think.

Your name is familiar but I don't know what we might have written about.

Bill

2:08pm • #6

This blog does not allow anonymous comments

 
Ambassador_large

William J Archambault Jr

Houston, TX

More about me…

The Real Estate Investment Institute

Address: The Real Estate Investment Institute, 448 W. 19TH St. Suite 245, Houston, TX, 77008

Office Phone: (702) 516-1569

Cell Phone: (832) 259-7078

Email Me

Sage real estate and mortgage information, from the man at The Real Estate Investment Institute.

http://www.twitterbuttons.com
By TwitterButtons.com


Links

Archives

RSS 2.0 Feed for this blog

Find TX real estate agents and Houston real estate on ActiveRain.