What is The "SW Rule"

By
Real Estate Agent with Jeff Fritzson Real Estate, Ebby Halliday Realtors 0629874

Many people all over the world, even in a Dallas Suburb like Frisco, are afraid to fail. Failure is not something you become. Failure is an event, not a destination or a determination of who you are as a real estate agent or as a person. Larry Lawfer wrote an interesting post entitled Failure is part of my every day. Whoopee!. He said some very wise things which included - Learn to fail and learn to move through failure. This stirred up images of some of my favorite people, Cold Callers.

Cold calling is an art and takes courage, strength, resiliency, and perseverance because I don't know many other jobs where failure occurs so frequently. This in turn led me to this post about the SW Rule. The SW Rule states: Some Will, Some Won't,  So What, Someone else Waiting. Sales for the most part, and most definitely cold calling, is a game of numbers. Whether you are cold calling, mailing postcards, networking, answering phones in your office, holding an open house or simply marketing to your SOI, the SW rule will always apply. 

Some Will, Some Won't

It is important to realize that you are not going to close every client or even move every potential prospect to the next step. That does not make you a failure. In fact, it is this step that you can learn from. As a past corporate sales executive, I use to perform win-loss reviews all the time. I do that now for myself.  While it is important to know why you win, I think it is even more important to know why you lose. It is not critical to dwell on a "failure" but it is important to learn from your past mistakes. By the way, it may not always be a mistake.

For example, I was working an open house recently and while I thought I was establishing rapport and a relationship, it turns out that I must have been wearing my happy ears. For those of you that don't know, happy ears are those often invisible filters that make you think you are saying and doing everything right. In this case I clearly was not reading my visitor correctly. I was excited about this house and as I look back I can see that my excitement was probably more energy than what this person had in mind when speaking with me. Even though we left on good terms and he said he would get back to me, I clearly understand now what I did wrong,

So What, Someone else Waiting

I go back to the SW rule. Some will., in this case some won't. So what- I stopped and looked back and learned. No it is off to find that someone else waiting for me to help them. This is how I move through failure. Yes I failed to address this person the way they wanted to be addressed and they decided to move on to someone else. I learn and then I move on to the next person I can assist. OK I failed at that particular meeting. That does noo make me a failure. From now on when you feel like you failed or are a failure, take a look back and honestly review what happened. There is certainly a learning point in that event. Learn, make yourself better and move on as there are plenty of people that need your assistance. This will lead you to success.

For those that I have addressed and became one of my "some will" clients, they are most often very happy . Because they no that when they work with me—Their Success is My Focus.

Comments (13)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Hi Jeff

I learned the SW rule as:  Some will Some won't So what. 

Jan 18, 2014 12:28 AM
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Hey Tim - that is the original one we just added the last part - Someone else Waiting in order to move through and not linger in the so what part. You go it right.

Jan 18, 2014 01:13 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Jeff:  Really like this lesson.  Funny some have to learn it ... while others seem to know it naturally, it's just part of them ...

 

Featured in BananaTude!

 

Congratulations!  Well Done!

Gene

Jan 18, 2014 01:14 AM
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Hi Gene - I think it is a great lesson to learn and remember. Thank you for the kind words and the feature in Bananatude.

Jan 18, 2014 01:18 AM
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Jeff  - love it! SW Rule and it's oh so SOOOO true!

Jan 18, 2014 04:47 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Love your SW rule! You did not lose that prospective client...you made room for a really good one that will appreciate you.

Jan 18, 2014 12:54 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Jeff. Love you post and truly understand the message. Those that you would with in your real estate practice are fortunate to have you available to represent them.

Jan 18, 2014 07:55 PM
ReadySetLoan Condo Approval Team
ReadySetLoan Condo Team LLC - South Windsor, CT
The FHA/VA Condo Project Approval Specialists

Excellent post Jeff.  Those who succeed fail far more frequently than those who don't achieve their goals.

Jan 18, 2014 09:03 PM
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Hi Anna - Thank you for your comment and joining in the conversation.

Hello Margaret - I wish it was my rule. I do not know who the credit belongs to but I learned this many years ago. I really like how you phrased it by making room for a really good client.

Hey Joe - glad it rang true with you. Thank you for the kind words.

Hello Eric - Thank you for your kind words and comments.

Jan 18, 2014 11:54 PM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

I like this rule: easy to remember and spot on. It is all a numbers game.

Hope you have a great week!

Jan 19, 2014 07:11 AM
Pamela Cloud
Remax Town & Country - West Chester, PA
Serving the southwestern suburbs of Philadelphia

This is a nice concept to keep front and center every day! Very encouraging!

 

Jan 21, 2014 09:06 AM
Ralph Gorgoglione
Maui Life Homes / Metro Life Homes - Kihei, HI
Hawaii and California Real Estate (310) 497-9407
The “SW Rule”.  What a great concept to remember.  That is truly SW, (“Some Wisdom”)!.
 
Great post.
 
All the best,
Jan 21, 2014 12:20 PM
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Hi Shannon - thank you for your kind comments.

Hi Pamela - Thank you for sharing your comments

Hey Ralph - Thank you for your kind words.

Jan 21, 2014 10:23 PM

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