Let's Not Do Lunch!

By
Real Estate Agent with Crye-Leike REALTORS® 165062

I don't know whether it is the time of year or the softness in our real estate business or just people being generally depressed, but we have never had so many requests to "Let's get together and have lunch!"  Let's not, and just say we did! 

Lately we are besieged for lunch request by loan officers, other agents, and brokers looking for free advice, and possible referrals.  I wouldn't mind, but most of it is not really about business or sharing ideas.  So why bother? Gossip and commiseration is not a good use of time.  I guess with slower times, many in our business do not know what to do with all the free time.  We were all used to working on a moments notice to close our next deal.  It isn't that way anymore.  It is not that I dislike lunch...it can be a great learning tool.  It is my belief that just having lunch is a great way to network perhaps at a convention, and listen with an undivided attention to a new marketing ideas, and building rapport with clients, and other agents.  It is not something to do out of habit.  As in once a week let's meet for lunch because there is nothing else going on!

Lunch hour tends to be a frenetic time of day which can lead to loss of the most of the day.  A luncheon has to be planned to avoid the business rush at lunch hour!  Between travel time, gas, tips, return trip the day is shot!  A late lunch is disastrous!  3:30PM is almost 4 PM.  So to make this short there is a loss of major productive time.  The day is basically shot after a lunch, and sometimes if you have other work to do...you'd rather pass on real work!  Why not nap?  The other side of it is that it is easy to fall into the habit of "Let's Do Lunch!"  So let's think before we eat!  If not the consequences can be dire!

 

 

Jim Crawford

 

 

 

 

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James Crawford ABR, Broker Associate

 

 

 

 

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Rainmaker
136,901
Jessica Horton Jessica Horton Realty
Jessica Horton - Jessica Horton & Associates - Griffin, GA
Jessica Horton: I'm not #1... You Are!
Jim:

HA! I was so waiting for that come back! Too funny!  Have a safe Thanksgiving.
Nov 20, 2007 09:06 AM #11
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Jim Crawford
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Nov 20, 2007 09:44 AM #12
Rainmaker
613,042
Sharon Simms
Coastal Properties Group International - Christie's International - Saint Petersburg, FL
St. Petersburg FL - CRS CIPS CLHMS RSPS
I think one of the best responses is, "Thanks, but I don't do lunch. If you want to get together, let's jog together (treadmill together, take your choice) and we can talk along the way. 
Nov 20, 2007 11:38 AM #13
Rainer
54,749
Chad Baird
Re/Max Spirit - Dayton, OH

I get the offers for lunch all the time.  Most I decline but some of them I will absoulutly blow off the rest of the day to sit down and network (socialize) with them.  Generaly these luches are with a Title Rep or Banker or a client.  Its through these lunches that we actually discuss business and bond on top of blowing off steam. 

I would agree though to be careful not to make it a habit.  A business lunch is only a business lunch if its somewhat productive.

Nov 20, 2007 12:10 PM #14
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Jim Crawford
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Sharon Simms St Pete Florida CRS CIPS CLHMS  I fully agree.  We do not have to sit down to eat to discuss The Godfatherlife or business.  Where is it written?  LOL!  Sometimes I think it is like a scene from "The Godfather!"

 

 

 

 

Nov 20, 2007 02:30 PM #15
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Jim Crawford
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Chad Baird  I agree!  A business lunch needs to have some agenda even if informal!
Nov 20, 2007 02:31 PM #16
Rainmaker
76,453
Natalie Langford
Realty Negotiations - Winchester, VA
Winchester, VA Real Estate
Okay, okay, okay, let's do breakfast!  
Nov 20, 2007 02:39 PM #17
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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
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Natalie Langford, QSC, Frederick County Realtor  LOL!  Breakfast does work!  I used to hold a martermind goup meeting at 9:30 AM.  It ended at about 10:30 am...
Nov 20, 2007 03:10 PM #18
Rainmaker
105,533
Josette Skilling
Keller Williams Capital Properties - Bethesda, MD
Definitely coffee!  Then we're outta there and back to the real day without it being a total loss!
Nov 21, 2007 05:52 AM #19
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Josette Skilling ~ Bethesda Maryland Real Estate Sales  I agree!  A quick down and dirty cup of coffee and a conversation!  We save on dollars, time, calories and get to the point a lot quicker! There are loads of choices here.  Let's not forget besides Starbucks, we also have McDonalds, Caribou Coffee, Einstien's Bagels,  Seattle's Best, Dunking Doughnuts and more! Oh, and did I mention no tip?

Dunkin DoughnutsStarbucks

Caribou CoffeeMcDonalds CoffeeSeattle's Best CoffeeEinstein's Bagels

Nov 21, 2007 07:31 AM #20
Rainer
42,621
Craig W. Barrett
RE/MAX 100 - Hughesville, MD
Hughesville MD Real Estate
Breakfast meetings people you do business with is a good idea. We get inundated with referral requests and "I've got leads, want to share?"... it gets overwhelming. Send me an email, I'll skip the coffee. lol
Nov 21, 2007 10:02 AM #21
Rainer
119,269
Rob Robinson- Lehigh Valley PA
Bertrum Settlements (Title & Abstract) - Allentown, PA

I'm really surprised that people do not want to be in a referral relationship.

 

Just surprised, that's all.

Nov 21, 2007 10:24 AM #22
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Craig W. Barrett  Just give me a call for a referral.
Nov 21, 2007 10:39 AM #23
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Rob Robinson- Lehigh Valley PA  I am not against legitimate referral relationships.  I am against wasting time to listen to nonsense.
Nov 21, 2007 10:41 AM #24
Rainmaker
114,237
Chris Lengquist
Ad Astra Realty - Olathe, KS
Kansas City Real Estate Investing
I'm told I'm anti-social because I don't want to meet with everyone over lunch.  I'm not anti-social.  Just busy.  Tell me what you want/need and I'll give you my answer on how I can/can't help.  I just saved us 45 minutes and about $15 a person!  :)
Nov 21, 2007 01:17 PM #25
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Chris Lengquist, RIPS  You are also smart!
Nov 21, 2007 04:38 PM #26
Rainmaker
702,204
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Jim, I'm easy. You want to buy me linch, I'll go. If it's worth it to you, it'll probably be worth it to me. I don't have a crystal ball so I can't know in advance which ones will work out and which ones won't, so I'll go. It's all about building relationships.

Bill Roberts

Nov 25, 2007 02:11 AM #27
Rainmaker
659,456
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645

I don't do lunch often and avoid them with vendors trying to solicit my business.  I am a sucker for a good salad bar though.

Nov 25, 2007 02:50 AM #28
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Bill Roberts - "Baby Boomer"   Bill sometimes it is an opportunity, I just try to have my radar on!
Nov 25, 2007 03:09 AM #29
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Randy L. Prothero - Hawaii REALTOR®  I am a sucker for a salad bar also!
Nov 25, 2007 03:10 AM #30
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