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Laying The Framework For Next Year's Sales

By
Real Estate Agent with Karen Parsons-Fiddler, Broker 949-510-2395 BRE# 01494165

 

 

Are you a "sales whore"? Wow....did I just say that? But it's a great term for the average sales person who likes the quick deal and then move on.

Wham, bam, thank you ma'am!

Very sales training includes the phrase "NEXT," but I think this is a misunderstood concept. Many people hear this and assume it's about the quick sale or move on, but I disagree.

"Next" to me describes a state of mind that's necessary to move forward when one deal didn't work out. Could be that it's a client who isn't really ready to do anything....but it also means don't let the failed deals get you down.

Quick deals are nice....great in fact. But if you rely on them for business, you are always living on the edge. Many people think that's what sales people do.....risk every day of every month. But the truly successful ones do not do that at all. They understand that a sales process can be minutes, or years. It's how you cultivate a pipeline that will lead to a consistent income stream for you.

There are many tools available to stay in touch with future clients. The key is to get one and then use it properly. There are key elements to managing a pipeline.

  1. A solid automated system for drip marketing and contact management
  2. A schedule/plan of personal contact that you can maintain
  3. Do it!

I have a client this weekend who I met 3 years ago. We saw a couple of homes and then they moved to Japan. They've moved back and we're house shopping on Saturday. Why? Because I set them up on a program which worked in the background for me while they were dormant. Now that they are ready, they have been conditioned to see my smiling fact alongside listings and pertinent information. They are my client to lose (and I have no intention of doing that).

3 years ago, I set up my business for this weekend. That's a pipeline. I have hundreds of prospects in my pipeline, which is very good odds for a successful year.

Comments(7)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Karen..... I'm confident that you are fully prepared to continue to gain strength and climb that ladder to the top faster and more efficiently next year than the past year..... you're the best.

Sep 07, 2012 08:37 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Karen you are the tried and true professional real estate agent.  You know how to make things happen right now and in the future.  Excellent advice.

Sep 07, 2012 08:41 AM
Eric Michael
Remerica Integrity, Realtors®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

Karen, this is something I need to do. I find myself paying more attention to the buyers and sellers on hand, and have let a few future sales slip thru the cracks.

Sep 07, 2012 10:18 AM
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

What a great story of how our actions effect our future sales Karen. 

I really liked the way it was set up to not take a lot of your time during the three years of "prep".

 

Sep 07, 2012 01:15 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Karen, I had a buyer contact me who met me at an open house 2 years ago. I put her on an auto-notification. Her out-of-state property finally sold. Her exact words, "You have been so good about sending me listings, even when I couldn't go out and look. So you're the person to get my business." I didn't send those out. She was on an auto-notification and that's all it took. Oh, she bought a $475K and we already closed. That's a pipeline.

Sep 07, 2012 02:24 PM
Marcia Hawken
WILLIAM RAVEIS - Naples, FL
Naples Luxury Specialist

Karen,

We are all guilty of this.  These are people who already know us.  In the Naples market, I could be working with clients from one season to the next and I need to keep that string attached to them!  Thanks!

Sep 09, 2012 08:45 PM
Mark Montross
Catamount Realty Group - Burlington, VT
Listing and Buyer Specialist

You make some good points. I have been guilty of just working current business and not setting the pipeline up for future business.

Oct 27, 2012 08:00 AM