Social Networks

Which Network Do You Use?

Which Network Do You Use?

Social Networks seem to be a main topic of discussion anywhere two or more real estate agents are gathered. Almost everyone uses Facebook, LinkedIn, Twitter or one of the many networks in an attempt to find prospective clients. Can you really find clients on Social Networks? If so, which ones are best served for finding people that want to buy or sell real estate? [Read more…]

Handling Fear of Rejection

Get Over The Fear of Calling Strangers

Get Over The Fear of Calling Strangers

Fear of rejection is probably the most common disease associated with sales people. No I didn’t make a slip of the tongue. I consider fear of rejection a very deadly disease to a sales career. Fear hits a person at a very early age and if uncontested, it becomes cancerous; to the point it is such a large obstacle, it appears totally impossible to bypass. I can tell you first hand that this type of fear is real and from the onset seems insurmountable.

Let me give you a real life example of me having fear of rejection. When I got into real estate in February 1969, everything was altogether different than it is today. I don’t think the term “lead generation” had been devised at that time. Sales seminars were few and far between, and I might add, miles and miles apart. However, every seminar that I attended, the main technique taught to generate new prospective clients was simplified by using the term “Prospecting.” For the next 25 years or so, I blocked three hours every day for just prospecting.

One of the ways of prospecting was a term called “Door Knocking.” In case you aren’t familiar with it, let me share my early experience with door knocking. [Read more…]

Hiring an Assistant

ARE THESE YOUR EMPLOYEE'S?

Last week I included the 80/20 rule in reference to the amount of time a successful real estate agent should spend in generating new prospective clients. I stated that one should spend 80% of their work day contacting new leads and allot 20% of the day for taking care of all other business activities. Early in a real estate career, 20% of a work day is plenty time to accomplish other business activities but once production increases, 2-3 hours a day is not enough time for listing and showing appointments. When this happens one will usually spend less time in lead generation. This is a huge mistake. Securing a client to represent (lead generating) requires more expertise than a showing appointment. Lead generation is not looking for today’s sales opportunity, but it is securing future business. If you take time away from lead generation, you are reducing future sales opportunities.

If the proper preliminary work is done, and you have had the proper conversation with the clients, any licensed person can show a property. The property speaks for itself. Let’s look at a perfect scenario with Joe representing Mr. & Mrs. Jones. [Read more…]