Prospective clients were referred to me by another realtor who told me she is providing two names of realtors for her friends to interview. I made an appointment to meet with the prospect.
A good presentation folder/book/binder for a commission-based service is like having good curb appeal for a house
I already have a presentation that I spent a lot of time and energy (and it's evolving) that I customize for the specific prospect in terms of a comparative market analysis for the client's property and charts/graphs for the specific area. It was a simple matter of generating and printing the documents, then having it book-bound. Happily, we have a book-binding equipment at the office. complete with gold lettering. Taa daaa!
I very rarely go through this presentation page by page, but it does make a really good impression when I hand it to a prospect.
We spent the time talking about their situation, why they want to sell, strategizing about pricing and staging, discussing that my marketing focus will be online to reach as big a target audience as possible. Only once did I open the presentation binder so that they will see who their competition are in their neighborhood.
Before I left, they seemed very anxious to move forward.
Why didn't they hire the other person?
Turns out that they have already spoken with another agent who has met with them. But they didn't feel the connection. Here's what they said 
- The other agent didn't exude confidence. If she was experienced, she didn't give that impression
- She didn't provide materials to augment her presentation or to showcase her credentials
- She didn't know how to explain how a short sale works
- She didn't give a solid marketing plan
- There was no mention of online marketing in spite of the fact that over 86% of buyers and sellers go on line to research property
- She didn't seem excited or eager to work for the prospective clients
- She didn't offer any ideas for how the clients can prepare the property for sale (even ONE idea would have given the impression that she cared or knew enough on what needs to be done)
- She didn't probe to find out the reasons and motivation for this couple regarding why they want to sell (one of them just lost his job).
I thanked them for their candor. This is all good information that I couldn't wait to share. We can all use a reminder to keep polishing our marketing skills. But best of all, to show we care enough about our clients and that we take our jobs seriously!
I wish I had a binder that includes gold lettering! Your list of what the other agent didn't do is a list of what every professional agent must do. The agent who does things best should be the one who gets the business. The ones who don't do these things at all shouldn't be in the business, and won't be for long. You must be a terrific agent!