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2015 Relationship Management

November 19, 2015 by Joe McAuliffe

Which Communication Method is Best For Each Client?

 

The single most important skill a real estate agent, or any entrepreneur for that matter should master is the art of rain-making, or prospecting for new business. If you were to work at Goldman Sach’s, a big accounting firm, or even a law firm, it would be nearly impossible to become a partner without being a “Rainmaker”.   As an agent, you can master all the other area’s involved in your business, but if you don’t have buyers and sellers to work with, you will fail miserably.

No matter what prospecting strategy you are using, there are 5 fundamental ways to communicate with clients and prospects. In order of importance they are:

  1. Face-to-Face, or person to person –  For Hot Buyers, Sellers, and best advocates
  2. By Phone- For the top 20% of your clients and prospects that you can’t get to Face-to-Face
  3. Postal Mailing- For everyone including the people you call or personally meet above
  4. E-Mail- Easily deleted and less effective, but FREE! It is also for everyone

Social Media- Also free, it can be very powerful, but should not be a priority until the other forms are mastered

As you track your priorities, or most important activities each day and week, hold yourself accountable to receiving and “A” grade for your prospecting efforts, especially when it comes to Face-to-Face and Phone prospecting. It is the only way you will reach your potential as an entrepreneur!

 

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Filed Under: Blog, Cup O' Joe, Prospecting

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Joe McAuliffe is a business consultant and strategist who has spent his career working alongside the country’s top real estate and luxury real estate organizations, including Sotheby’s International Realty, Christie’s International Real Estate, and Coldwell Banker, as well as wealth management advisors and attorneys.His work developing strategic initiatives also spans Fortune 500 companies, including AOL-Time Warner, Fortune Magazine, MIT, Oracle Corporation, Martindale-Hubbel, Lawyers.com, and USA Today.

Joe is also a frequent guest speaker at leading real estate and wealth management industry events.

When Joe built his approach for real estate, he adapted strategies proven with corporations and high-net-worth clientele into a focused, rifle-shot methodology designed for agents, teams, and firms. His private consultations zero in on the exact activities that move the needle, helping clients achieve both personal and professional goals with far less wasted motion than a generic coaching program. Joe is also a frequent guest speaker at leading real estate and wealth management industry events.

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