There have been times when I wanted to tattoo these truths on people's foreheads, but that probably wasn't my best idea ever.

What is a good strategy is to share these with you now, and beg you to learn them, not because I made them up (because I didn't), but because they are true and you need to know them to succeed in business.

man with sign1. People do business with people they know, like and trust. It is not hard to develop a relationship with your prospects, but it is essential. The good news is that you can do it passively, and the bad news is that so can your competitors.

2. People buy solutions or experiences not features. This means that people buy what they want, not particularly what they need. For example, we all need to eat, and most of us need more fiber and greens in our diets, but still the majority of us choose burgers or pizza for lunch rather than steamed broccoli and a side salad.

3. People want specialists to handle their problems because they feel more confident that someone with experience and specific expertise will understand their situations more completely, and will handle it better than a generalist. Who do you want handling your brain surgery: Your general MD or a neurosurgeon?

4. Your real estate service is not the right solution for everyone, but that is no reflection on its (or your) value. You may not know all the reasons people choose not to buy from you, but you should know all the reasons they do buy so that you can find more of those people.

5. When you invite a prospect to work with you, you're not begging for money, you are offering a valuable solution to a problem. But if all you care about is the sale, then you are a beggar.

 

Carpe diem,

Chris

 

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50 Comments on Five Truths About Real Estate

FEB
23
Outside Blog

Puts things into perspective.  Even though I have heard these before, I forget and this is a great reminder.

10:02am • #1
194,998 Points 19 Featured Posts Localism Sponsor Outside Blog Hit Router

Very good reminder of what makes sense and what makes the difference, especially number 1, which seems to be the common denominator on what makes a good salesperson --- consultative selling.

10:34am • #2
2 Featured Posts

Chris- Thanks for the reminder. I tend to get focused on certain things and sometimes forget the "big picture" You are absolutely correct that asking a prospect to work with me is not begging. I am offering solutions to their situations.

Best,

Scott

10:57am • #3

Great perspective.  Thank you for your insights.

4:19pm • #5

Work well done!  I hope this drives you some business.

Bill Bebee
4:25pm • #6
1 Featured Post Outside Blog

Great reminders and so true!

4:34pm • #7

Thanks for the reminder. I call it "coming from a place of abundance".

Victor Kaminoff
4:44pm • #8
1 Featured Post

Dear Chris,

Great reminders! We all need to concentrate on the buyers who CAN buy and the sellers who CAN afford to sell!

Carpe Diem, indeed!

Barbara

4:45pm • #9
2 Featured Posts

Great quick read.  Basic jewels of service!

4:46pm • #10

This all so very true.  Thanks for the reminder!

Kris Gann
4:47pm • #11

This all so very true.  Thanks for the reminder!

Kris Gann
4:47pm • #12

I think all of this is summed up in an expression my real estate mentor gave me years ago...." You love people, and use money, but never use people for the love of money." If you put the people first the money comes to you. Great reminder

Thanks

Mitzi

4:48pm • #13

No one cares how much you know, until they know how much you care.

 

Great article!!

Jonathan Ahlers
5:00pm • #14

I like and respect sales people to:

* listen fully (body language)

* respect what I say (they dont have to agree)

* say what they mean and mean what they say (straight shooter, No BS)

I generally buy from those types of sales people.

What kind of sales people do you respect, do you trust, do you buy from?

I find this mindset helps me.

Also, this quote:

"Real Estate Sales is the highest paid hard work and lowest paid easy work there is."  Tom Hopkins, circa 1980.

Brian

5:05pm • #15
Outside Blog

Enjoyed your post.  Another example of put the people before commission.  Then they'll send their friends..and the ball continues to roll.

5:08pm • #16

Well said. I've noticed over the years that people who are referred to you by someone who already trusts you, are so much easier to work with.

5:14pm • #17
2 Featured Posts

Thanks for the reminders.  Do you have any suggestions on matching buyer types to agent types?

5:14pm • #18

This is a great post--We need to keep in mind that while getting listings and buyers is great, we need to make sure we're actually going to be able to perform for that client.  This means not "buying" listings or allowing buyers to waste time with impossible offers!

5:23pm • #19

Chris,

Very basic, but so true.

Thanks,

Donna

Donna Quinlan, ABR, CRS, GRI
5:28pm • #21
199,593 Points 2 Featured Posts Outside Blog

Great stuff, thanks for the reminders.

5:42pm • #22

Great blog, quick read and good points!  Thanks

6:01pm • #23
2 Featured Posts Outside Blog

i should print these off and put them on the wall next to my desk.............good thoughts..........duane

6:06pm • #24
362,045 Points 3 Featured Posts Localism Sponsor Outside Blog

I like your perspective and the way you've expressed the ideas.  It's good to think about and remember.

6:13pm • #25

Can I turn this into a poster to hang above my desk?

6:31pm • #26
Hit Router

This is great!  And you shared them in a way that made them so enjoyable to read!  I am with you on tatooing these on some agents!!!

6:32pm • #27

Very well said. Yes, a poster of these 5 real estate truths to live by on our desk. Thanks for the post!

Laura Rivera
6:50pm • #28

Excellent and very true!  It is good to be reminded every so often.

7:21pm • #29
227,815 Points 1 Featured Post Outside Blog

Trust is real big...and its important to get that early in the relationship.

7:59pm • #30

Great list.  And I much prefer the blog reminder to a tattoo.  :)

8:10pm • #31

Perfect and right on time.  Hard to believe there are so many who don't understand these truths.  Personally, I like the idea of tatooing these truths on people's foreheads backwards so that they become self evident when they look in the mirror.  Great post!

8:13pm • #32
215,371 Points 1 Featured Post Localism Sponsor Outside Blog

Evening Chris,  Excellent reminder of how easy things can be if we have our priorities straight !

8:14pm • #33

Well said! It's good to remember that it's okay that everyone doesn't want to work with me, just the ones who I will work well with.

All the best to you and your business!

8:21pm • #34
1 Featured Post

Chris I couldn't agree with you more especially with number 5.  I see it everyday.  I would be so miserable if I did my job for the money!

8:36pm • #35
107,925 Points

Thanks for the five great reminders Chris. Can I put my order in for a poster too?

9:18pm • #36
241,199 Points 27 Featured Posts Localism Sponsor Outside Blog Hit Router

Chris, this is a great top 5 list !!!  Relationships are key, service is critical and building trust is long lasting !

9:51pm • #37

Very timely.

Kevin Cooper
10:24pm • #38

If real estate professionals would remember this, we wouldn't need coaches like you!  Thanks for reminding us again what it's really all about.  I'll be passing this on to my broker associates to remind them, too.  Maybe I should invite the tatoo artist to my next business meeting.  :-)

~Ninah

Ninah Hunter
10:53pm • #39
Outside Blog

Chris, my favorite is #2:  people buy what they want not necessarily what they need. Sometimes,

especially with a First Time Buyer, it's challenging to walk that line between guiding them and letting

 them experience their first purchase in their own way.

11:12pm • #40
FEB
24
Localism Sponsor Hit Router

Chris,

Provide good service and the sales component will follow.  Keep up the good work.

John Keene

1:47am • #42
1 Featured Post Outside Blog

Great way to start my morning before I show a home today. Thanks, Chris. People like you are why I login.

7:11am • #43

That was very encouraging.  Great to keep focused on the prize, exceeding the expectations of our customers.  We need to give them more than they ask of us.    Isn't that one of life's golden rules:  better to give than receive.   Keep it simple, we tend to over complicate most things in life.

Lynda Cadieux Ferland
7:33am • #44
141,310 Points 1 Featured Post

Chris - Great post and you're right, so true.  I actually heard #1 very early in my mortgage career and it's one that I have tried to live and operate by.  For me, #1 and #4 kind of go hand in hand, which is something else that I learned about me very early on in my mortgage career.

I am not the right LO for every prospect that calls me and not every prospect I meet is going to be someone I want to work with either.  Now that I know what kind of people make the best clients for me, those are the people that I ultimately seek out and want to work with.

In the nearly eight years that I've been in the biz have I made some bad calls in character and judgement?  Absolutely!  But those mistakes have made me a better LO because of the lessons I learned in dealing with those errors.

9:48am • #48
Localism Sponsor

TRUST is everything.

It is amazing that some people don't get it.

 

12:33pm • #49

An interesting thing - relationships can be developed over the Internet. A professional approach gets the job done, whether in person or online.

1:47pm • #50
2 Featured Posts

Chris,

And that is why you are the best Coach ever and we are so lucky to have you at PRC Network!

5:49pm • #51

Great post with good points! Thanks Chris

Beth Reynolds
6:48pm • #52
FEB
25
Outside Blog

Chris,

Thanks for the insights, it is true that we need to focus on finding the people we connect with and not worry about why we didn't connect with others.

7:53pm • #53
MAR
05

Thanks for the post!  I like things clean and simple!  Easy to read!

 

Barbara Dougher
1:18pm • #54

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Chris Pollinger

San Clemente, CA

More about me…

Mastery Coaching

Address: 2427 Avenida Mastil, San Clemente, CA, 92673

Office Phone: (949) 448-5624

Cell Phone: (949) 448-5624

Email Me

Leadership, Strategic and Business Coaching for Real Estate's Elite.

 



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