Articles

CONDITIONS VERSUS OBJECTIONS

A problem arises when Agents mistake conditions for objections.  Agents often treat a condition as an objection and beat themselves up when they don’t get the transaction or contract signed.  The definition of a condition is a valid reason for the prospect to not move forward.  You still need to try all the techniques of handling the objection.  You just need to realize that a condition is usually linked to their ability or authority to act now.
 
They might have the desire to move forward with you but lack the ability …

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The Value of Knowledge

Attending a convention or seminar is an important first step in having a banner year. But, now comes the hard part — putting into action what you learned. I begin many of my seminars by asking “What is the value of increased knowledge if your actions and behaviors are not altered as a result of that knowledge?”

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Max-Bang Series: Help a FSBO Go Hi-Tech!

I know… FSBOs are the enemy. Right? Wrong! Here is a great little strategy that will make FSBOs love you and many ultimately do business with you. More importantly, this strategy will set you apart from the crowd of FSBO-haters out there and will help you generate a ton of very low-cost business.
Here is how it works. Introduce yourself to a FSBO seller and first set him at ease by telling him you are not there to talk …

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GETTING RESULTS

We live in a world that has changed dramatically in the last 50 years.  There has been more innovation and more technological progress in the last 80 years than there was in the previous years since the beginning of time.  In today’s business society, we are judged by the results we get more than ever before: the result of winning the court case; the result of a successful surgery; the result of winning the big game.  We, as REALTORS®, cannot escape this results-driven society.
           
We need to clearly understand …

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Max-Bang Series: Let a Lender Pay Your Ad Bill!

What is the single biggest expense we as REALTORS® have? You guessed it — advertising. In fact, all the so-called “experts” recommend we spend a full 20% of our gross income on bringing in business. That’s nearly three times what other industries spend for advertising (most industries spend 6-7% of gross revenue. So here’s an idea that will help you bring your advertising costs to a more attractive level. Let a lender pay your ad bill. Let me …

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Green Mortgages Save Your Buyers Big Money!

Did you know your buyer can get a Solar Water Heater added to every FHA Loan that you close with no additional money at closing and still close in 30 days!  
DON’T LET YOUR BUYERS HEAR ABOUT THIS PROGRAM FROM ANOTHER AGENT! 
I don’t know why any buyer wouldn’t consider a “Green Mortgage,”  and don’t forget your past clients who may want to refinance into a “Green Mortgage.”  They can benefit as well and it is a perfect reason to get in touch! 
I met a loan officer last week who shared information about a …

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ACCEPTING OVER-PRICED LISTINGS

I don’t advocate taking over-priced listings. Sometimes, it is inevitable, but before you take a listing that is overpriced, see that the sellers meet the follow three criteria:
 
1.   The sellers must have strong motive to sell.
 
      Your client’s motivation to sell is the key indicator of whether or not you will earn a fee for your service. You’ll be paid only when your client’s property sells and closes, so evaluate and re-evaluate the interest and determination of the seller to complete the transaction.
 
      If a client absolutely has to …

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Max-Bang Series: Build Your Seller a Website!

What if I told you that for less than $10 you could build your seller a website? Not $10 a month, but $10! Actually you could build it for free, but spend the $10 to make it really special. Now check out how simple this is and then imagine what your seller’s reaction will be.
Let’s say you have a listing (or you would like to get a listing) at 1218 Sky Drive. Go online and buy the domain, 1218SkyDrive.com (or …

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Max-Bang Series: Fire Your Receptionist!

Here’s a great idea that will save you money — fire your receptionist! OMG! You have to be kidding me! If there is one thing that’s as sure as “for sale” signs in this industry, it’s the ever-present receptionist at the local brokerage. You know the one I’m talking about. She makes slightly over minimum wage… maybe $8 per hour. She’s on the payroll for 40 hours per week, with paid vacation and benefits.
The cost to the …

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MAKING A QUALITY PRESENATION

A quality presentation follows these four steps: build trust, move into a demonstration of the benefits and advantages that you bring to the prospects, present your pricing recommendation and rationale, and move to close the deal by presenting a listing agreement and getting the prospects to sign on the proverbial dotted line.  The appointment itself takes under an hour . . . the preparation involves a good deal more. 
 
Getting Off To A Good Start
 
Paving the way for a good listing presentation involves only three steps, but you can’t afford …

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