I just noticed a similar type post about being in the Rejection Business as I was typing this up. Kind of funny!
I just took the below excerpt from my book. I started doing this early in my career for motivation to keep making the calls. Hope this helps!!
Allow yourself a block of time each day to make all of your prospect phone calls. Don't schedule anything else during this time frame. You will need to be focused and energetic during your phone calls. If you are smiling while you are talking, your prospects will feel the energy.
Conversely, if you are fatigued and "not in the mood" to make phone calls, they will also feel that. Which one do you feel will give you your best response?
Determine how many calls you need to make to set one appointment; on average, it takes about five appointments to sell one home. Keep track of this ratio.
Think of it this way: Every phone call you make has a direct effect on your income. Figure out your average commission for each sale. Then determine how many phone calls it took to earn this sale that paid you the commission.
Divide your commission by the total number of phone calls you made.
Example:
Average Sales Price: $190,000
Commission Percentage: 2%
Total Commission: $3,800
Total Phone Calls Made: 25
Total Appointments Made: 5
Total Sales: 1
Total Income per call: $152
Total Income per appt: $760
Always think of every phone call as income generated, because that is exactly what it is. From this example, you can determine that you were paid $190 for every "no" answer ($3,800 commission/20 calls that did not result in an appointment).
Wow!
Getting paid to hear "no." What a great business we are in!
Curt Fletcher aka The Likeability Guy
Author of "How To Sell More Homes and Increase Your Income"
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