Posts Tagged ‘real estate agent’

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Sweet! You got a lead from your website…or anywhere, really.

You call them up and establish a quick relationship. You provide them with a list of property or set them up on an email drip campaign……………………And then, it seems like they just fall off the planet.

“Why?!?! Why dont the clients call me back??”

Well…. 1. It’s not their job to call you back. That is YOUR job. If you want to continue to attempt to do business with this client, then follow-up is a must!

And 2. Not to put too fine of a point on the subject, but the reason they aren’t calling you back is probably because your follow-up phone call sucked. (Hey, someone has to be honest with you…)

Give them a reason to call you back!

Because everyone needs to be reminded how not to suck….

I decided I needed to get a new pair of shoes. The ones that I have are a couple years old and, quite frankly, a bit worn out.  So, I decided to head to the local ShoeEmporiumMart and get myself some shoes.  I knew exactly what I wanted…and in what section of the store to find it.  As I entered the store, I saw a couple customers browsing and 3 sales attendants by the cash register.

As I stroll past them, one of them says, “Hi. I will be right with you.” Assuming she was discussing something important and required time to finish her discussion, I went on my own.

Fine with me…I know what I want anyway. I head over to the shoes I want and the specific shoe I am after is not on the shelf.  So, I hunt around for a couple minutes only to figure out that there is absolutely no rhyme or reason as to how these shoes are shelved…and decide I would “hunt down” that kind lady that said she would help me.

After a minute or two of looking, I find her at the counter again chatting with the other two sales reps about her obviously too intense weekend of drunken debauchery.  I ask her if she knew where I could find my New Balance 820s in a 4E…and without even skipping a beat, she says to me and I quote….”I said I would be with you in a minute”.

I don’t think I have to tell you what happened next…..

Suffice it to say that I got my shoes from FootLocker instead.

You see…like this example, some aspects of your sales ability are painfully obvious to your customers.  But, some of them are much more subtle than this example…Subtle enough that you probably don’t even know that you are doing them.  But, your clients know.  Believe me!

So, here are some ‘subtle’ and some not-so-subtle ways that you suck literally destroy your relationship (and your reputation) with your clients.

Be inaccessible. One the primary complaints I receive from the clients I refer to agents is that the agent is hard to reach.  Heck, one of the major complaints I hear from other agents is that some agents are hard to reach.  Don’t answer your phone.  And, when someone takes the time to leave a message, don’t worry about calling back.  After all, if they want to reach you so bad, they will just call back, right?

Talk more/listen less. Youre the important one here.  Youre the expert.  What they have to say is not important at all because you have all the answers.

Be dishonest. Nothing will turn off a client more than being dishonest.  The phrase ‘a web of lies’ implies that it takes a lie to cover up a lie.  And another one to cover up that one and so on.

Ignore simple manners. Whether you like it or not, your manners matter to your clients.  Go ahead…keep your clients on hold.  Talk on your cell phone about nothing that relates to your clients that are standing right in front of you.  Use profanity and disrespectful language around your clients.  Say something negative about another client in the presence of one of your clients.  Go ahead…it’s the truth, right?

Take “No” for an answer. That’s right…just give up. Automatically assume that the client will never work out because you heard the word ‘No’ the first time you contacted them.  After all, only the “serious” customers that are ready to go right now are worth your time.

Don’t get to know your customers. Ignore the important things in their lives.  Don’t worry about birthdays or anniversaries.  Forget that they have 4 dogs they treat like children.  Ignore the fact that the ugly vase on the mantle is actually Great Grandpa George.  Don’t get to know them on a personal level…its not required anyway.  After all, they are just walking dollar signs, right?

I would bet that 98% of the people that read this will already know why you shouldn’t do these things and completely deny that they suck do any of them.

So, the next logical step in this conversation: Well, what should I do instead?

Simple. Dont suck.

BE ACCESSABLE! Answer your phone whenever possible.  Reply to all messages and email within a maximum of 6 hours.  Make sure that your clients understand that you are there for them and that you appreciate the fact that they trusted you enough to want to contact you.

LISTEN! You were given two ears and only one mouth.  That means you should listen twice as much as you talk.  Take the time to listen to your clients. What they have to say is important to them.  Therefore, it MUST be important to you.  Ignore your rehearsed responses to standard objections and tailor them to fit the specific needs of your client’s concerns.  Make them feel important…because they are!

BE HONEST! Be honest to a fault, if need be.  In this market, clients need an advocate that is out for THEM not THEMSELVES. Say what you mean.  Don’t beat around the bush about facts that need to be said.  Even if what is needed is a smackdown…it would be better for you to do it and be honest about it than to be deceitful and then get caught in the lie later on.  You have one shot to build trust…don’t blow it.

USE YOUR MANNERS! For sales people that want to reach the top rung of the ladder, there is no substitute for patience, civility, and good old fashioned manners.  Say ‘please’.  Say ‘thank you’.  Make eye contact with people when they are speaking to you.  Open doors for people.  It sounds silly, but these things are not just marketing gimmicks designed to make a client happy.  They are the tried and true marks of good character.

FOLLOW UP! Whether you want to believe it or not, sometimes “no” means “not right now”.  I see this every day with my company.  Agents simply give up after the initial contact with a potential customer because they were told “no”. It has been proven time and again that it takes seven points of contact for a consumer to remember who you are and why you are trying to contact them.  So, it is up to you to ensure that happens.  Call your prospects.  Email your prospects.  Work your leads. Don’t just give up initially because you didn’t get the answer you wanted on the initial request.  Sales isn’t a McDonald’s drive-thru.  You might have to ask more than once…or twice…or eight times.  I work with an agent currently that just landed an exclusive agency agreement on 35 properties because she followed up on a referral from my company that screamed at her on her initial phone call.  (If you want to hear the whole story, contact me…be happy to share.)

KNOW YOUR PEOPLE! Notice I didn’t use the word ‘client’.  I have said time and time again that this is a people business.  You deal with people.  And, they should be treated as such.  Get to know them on a personal level.  Use that to your advantage. Remember their kids’ names; their dog’s name.  Ask about the things in their life that are important to them and make them important to you as well.  By the same token, allow them to get to know you.  Developing a rapport and trust is mutual.  It has always been true, you must be able to give before you are proven worthy to receive.  That rule holds true here also.

It is a hard and fast rule of business that it costs six times more money or time to cultivate a new client as it does to retain a current one.  And, in this market, I would bet it costs even more.  Extraordinary customer service skills will only lead to successful retention of your clientele.  And that will ensure that you dont suck.

If you would like more information on Real Estate Client Referrals www.recr.com, please contact Clint at 800-977-7058 or on Twitter at www.twitter.com/TheRealClint

With so many people doing their best to set themselves up for a better year in 2010, I thought I would share a post I wrote a while back that seems to be more pertinent now…

I recently read an article that really sparked my interest.  The article was simply a basic list of the ways that someone could re-invent themselves by investing time and effort into the one asset that all agents have – Themselves.

The key principle to this article was the fact that, despite this uncertain market, there are people that appear to be striving to make their own abilities better and five ways to do so.  Below is the list that was in the article…and a good healthy dose of my own explanations as to why this is so important in this uncertain market.

IMAGE: You chose a career in real estate to be an independent business person.  So, do you carry yourself in a professional manner?  Do you “look the part”? Do you have your business cards on you?  Are you showing that you are proud of whom you work for or what you do?  Whether you want to believe it or not, your image IS your first impression.  Make sure that the impression you are making is the on that you actually want to make.  There are some places where you can get away with blue jeans and a nice shirt.  There are other places where a suit is more appropriate.  Dress the part! Maintain your personal image.  Get your hair cut or styled.  Ladies…get your nails done.  Guys…shave every day.  (Believe me, I realize that sucks …I’m a guy…I understand.  But, its 2 or 3 minutes…and it makes a ton of difference to those around you.)  I actually know of one agent that wears a tuxedo to all of his closings.  That is part of his image.  It is what sets him apart from the rest.  (His name is Todd Waller out of Ann Arbor, Michigan, and he works for RealEstateOne.  But, you can get more info on him and his Team366 at www.blog.team366.net.)

TRAINING: Aside from the mandatory requirements involved, you should try to find as many different options to better your ability as you can.  Take the time to sit down with your broker to discuss some in-house training options.  If you know of any free options for training, jump on it.  Any training you involve yourself in will only re-emphasize the skill set you already have developed.  So, it will not be wasted time or effort.  You never know, you may learn something.  (Also, anything that you can learn about social networking…that is a must!  Trust me on this…this is a skill that does require some time to master, but you will not regret it!)

NETWORKING: Making yourself known in the community by getting involved with community events is a great way of networking with some of the more influential people in your market.  Get involved with the community. Start working with the Chamber of Commerce.  Go to PTA meetings.  Join Toastmasters.  Get involved in your local neighborhood activities.  Surrounding yourself with such innovative, like-minded people will help you with both your image and your over-all success.  Most people do business with people that they know on a social level.  So, networking like this is a key to success in a troubled market.

MENTORING: They say that the teacher will always learn something from the student.  Become a mentor for younger agents.  Help them be successful.  This will cause you to make sure that what you are doing is what you SHOULD be doing.  It will help you cross your ‘T’s and dot your ‘I’s, as it were.  Besides…there are times when you can actually team up and work together for the success of each.

YOU: Seems weird that I have to add this since this entire post is about you.  But, if you are not taking good care of yourself, you will not have the energy or the will to commit to the rest of this list.  Take care of your own body and mind. Get sleep.  It is probably more important than anything else you can do for yourself.  Make sure you get some exercise.  (In this industry with showing property and running from one location to another, that usually isn’t hard…but you should do 30 minutes of cardio every day.)  Eat right.  (Did you know that eating an apple will actually wake you up better than a cup of coffee??)  Bring fresh fruits with you on your appointments and eat them when you can.  Avoid the drive-thrus.  If you don’t know where else to start in your investments in you…look in the mirror and start there.

If you would like information on how to get more clients, please contact Clint at 800-977-7058.  Or, visit www.recr.com.  Or, follow Clint on Twitter at www.twitter.com/TheRealClint.

I wrote a featured post recently about choosing your words carefully when it comes to an agent’s tag line and how to make that better. As I was writing that post, I kept thinking to myself…..Well, what about all of these listing ads??  Why not write about them as well??

I see examples all the time of bad MLS photos. But, what is more prevelant to me is the incredible lack of decent COPY in these same listing ads.

See…One of the more routine activities of a Realtor’s job is to write copy for the ads that are used to support your listings.  Whether those be online, print, brochures, or flyers, the goal of these ads is create a positive explanation of the property that will increase the flow of traffic to that ad from interested buyers.  And, lets face it….that is the ultimate goal in this form of advertising.

However, it is fairly easy to fall into the grey area and start to make statements that aren’t necessarily true…perhaps even blatently false…and even worse, bordering on discriminatory.

Now, I know that no one actually intends to write copy that is discriminatory.  But, the fact of the matter is that some of the text used can be just that depending upon who is reading the ad.

Here are some of the reminders that I have compiled both from some of the listings I have seen and a list that I found in BrokerAgentPro:

1. Describe The Features Of The Property Remember to stick to the facts about the property.  Obviously, you can embellish a bit to make the language more fun, but don’t blow it out of proportion.  Also, don’t profile your potential buyer by focusing the ad on one specific style of buyer.  We all have some idea of what type of buyer will suit the need for the property, but isn’t every financially qualified person a potential buyer? Here are some examples of what you should say:

• Condo with exercise center and pool
• Historic home with wrap-around porch
• Qualified Senior Housing
• Located On Cul-De-Sac
• Bring your Hammer and lots of ideas!
• Extensive Remodeling including windows, new floors
• Bright and Sunny living room
• Comfortable and Spacious
• Designer colors!

Avoid phrases that focus on the buyer.  Also, consider subtle little things that might be interpreted wrong by a potential buyer:

• Empty Nester’s Paradise (Are kids welcome??)
• Great family neighborhood (Will singles be allowed??)
• Hispanic Community (Uhhhh…Do I need to elaborate??)
• Near Indian grocery (Is this the Indian part of town??)
• Perfect for a single guy (Is it not safe for a single female????)
• Bring your kids! (Uhhh….Sorry, but I dont have any….)
• Totally remodeled (Really???  EVERYTHING was redone????)
• New heat and AC (The entire system or just the unit itself???)
• New carpet! (Well, it was new last year…)
• Wonderful neighbors (Rock bands are fun neighbors!)
• Kept in perfect condition (Oh yeah??  Is that what the inspection report will tell me???)
• All new appliances (Does that include the water heater and the furnace?)

2. One thing that agents like to do in the ad copy is make descriptions of the neighborhood that the listing is located.  This is all well and good and adds a sense of the community, as well as the home itself.  Some good examples are:

• Gated neighborhood
• On golf course
• Horses allowed
• Tree-lined street
• Secluded off-street location
• Close to Shopping

Now, remember…its perfectly OK to talk about the neighborhood.  But, it is NOT OK to talk about the neighbors! Don’t use language that establishes a preference to the type of person that will fit with the local flavor.  Phrases to avoid:

• Exclusive area (Really….excluding whom???)
• Elite neighborhood (Who qualifies for this???)
• Country Club location (Are non-members allowed to buy there??)
• Surrounded by young families (So…elderly need not apply.)
• Mature area (So, you young people…you go somewhere else.)

3. Whatever you do, do not offer up assurances about what CAN be done with the property.  Not only can adding onto the existing home be more difficult that you anticipate, but the buyer could take your statement at face value and then be very disgruntled later on.  Between permits, easements, building codes, and neighborhood opposition…who knows. Anything could stop them from being able to do what YOU said could be done.  So, avoid things like:

• Un-obstructed view of the lake (From now til when???)
• Perfect for a bed and breakfast
• Add a second story and see all of downtown
• Ready for a new master bathroom
• Plenty of room for a pool (Of course, we have to move your sewer line and the underground gas line and the……)

4. Lastly, in the attempt to remain perfectly accurate, dont use brand names in generic ways…

• Jacuzzi tub (Umm, its says Whirlyride on the drain…)
• JennAire grill (Umm, the lid says Coleman…)

When it comes to marketing a home, the goal of the ad copy is to describe the features of the home and to attract quality buyers.  It is increasingly important to use accurate language.  But, more than that, it is vitally important that you do not violate anything within the COE or the Fair Housing laws. NEVER refer to the sex, racial origin, family status, or age of ANY potential buyers or current residents of a particular area.  And remember, if you direct your advertising to target a specific type of buyer, you are discriminating against other buyers that may be just as capable perhaps even more capable of buying the same property. And even more importantly, if you submit an offer from a potential buyer, and the offer is rejected, the buyer could feel that the rejection is a result of some form of bias against them based on the descriptions put in the ad.

One of the best lines that I was able to find when it came to writing ad copy — “Ignore the ambiguous meanings…Remember that YOUR REPUTATION IS AT STAKE!”

If you would like more information on Real Estate Client Referrals, please contact Clint at 800-977-7058. Or, fan us on Facebook! Or, follow Clint on Twitter!