When analyzing recent history, there seems to be a correlation between Real Estate prices and the Stock Market. After real estate prices started their downward spiral in 2007, the stock market lost over 50% of its value in 2009. Real estate prices responded by dropping nearly 50% from their highs in 2005. Conversely, once stock […]
Relationship Management- Confidentiality
We know that people want to do business with an agent that will meet their needs and that they like and trust. It’s uncommon for buyers and sellers to do business with someone they don’t trust, unless they feel there is no other way to get what they want. With that situation as the exception, […]
Are You the Mayor of Your Farm
Sometimes, we can all make the business of sales far more difficult than it has to be. We spend too much time bogged down with unproductive activities (80%’ers). We often focus on Rainmaking by grinding it out on the phone or otherwise working on prospecting projects that are not exactly fun or can be down-right […]
Top Tips for Finding Phone Numbers
Phone prospecting is one of the most cost-effective and efficient ways to get new clients. It could be argued that any agent that had a good script and made 50 calls per day using a good script, would have a six-figure income in a short period of time. There are two types of phone prospecting […]
Phone Your Way to Future Fortunes
Success in the sales profession, perhaps even in life, depends on how many shots you take. In other words, success is a numbers game. For example, if you’re looking for a job and you’re too embarrassed to tell your friends, you may struggle to find one. On the other hand, if you let everyone know […]
Get Back to Basics by Chasing Expired Listings
The predictions have finally come through. The real estate market has made a full circle. For properties valued under $1 million, inventory is becoming tighter and tighter as the multi-year buyer’s market has now become a seller’s market. For agents that have listings, that’s great news because listings are selling. This success is a double-edged […]
A Mansion to a Mobile Home
Have a Movie Star Memory
We’ve often quoted that people don’t care what you know, until they know that you care. You can be the most knowledgeable agent in the local market and an excellent salesman, but if people question your integrity or motivations, you’ll absolutely lose business. Obviously, the key is to get to know your clients by using […]
The Young Bull and the Old Bull
There once was an old bull and a young bull standing on top of a hill overlooking a herd of cattle. While admiring the cows, the young bull says, “let’s run down and get romantic with one of those cows,” to which the wise, old bull responded, “no, let’s walk down and get romantic with […]
The Importance of You, and the Experience to Your Customers
When I was in college, I was in the market to buy a car. I was leaning heavily towards the Trans-Am, which had been made popular by the movie, “Smokey and the Bandit.” As part of my research, I stopped in to a Triumph dealership to look at TR7. The TR7 had a beautiful and […]
