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Confidentiality

December 15, 2015 by Joe McAuliffe

Confidentiality

We know 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. It is far more common for clients to select an agent they enjoy working with, and that will protect or best represent their interests.

How do you develop a relationship of trust? You may be surprised that it most often doesn’t involve impressing them with your knowledge and impressive resume. On the contrary, if you start quoting statistics and flaunt your impressive resume before a client has a good feeling about you, you’re likely to be perceived as “self-serving.” If this happens, you probably won’t get the business. Remember, “People don’t care what you know until they know that you care.“

So if you’re not talking about your impressive knowledge of real estate and great success, what should you talk about to build rapport and sell yourself? Don’t do the talking! Instead ask them about FORBES and listen to the answers. Most people enjoy talking about themselves because it’s a subject they know a great deal about. What is FORBES?FORBES

  • Family –Talk about their family, friends and relationships.
  • Occupation – Ask them about what type of work they do or what business they were in before they retired.
  • Recreation – Ask them what they like to do when they’re not working.
  • Body – If they seem to have any interest in health-related topics or issues, discuss physical fitness.
  • Education – Ask about books, courses, or other topics they’ve recently reviewed that are of interest.
  • Spirituality – Religion is tricky, but quite often it’s a very important part of someone’s life. For example, some clients won’t make a big decision until they’ve prayed. Respect that.

At first, people may be hesitant to share personal information with you even if they’ve agreed to answer your questions. By reassuring them that everything and anything you discuss will be held in the strictest confidence, you will put them at ease and can then gather valuable information that will allow you to give them the highest possible level of service. Here’s a great way to introduce the concept of confidentiality:

“Mr. and Mrs. ___________, I appreciate you putting your trust in me and I want to assure you that everything we discuss will be held in the strictest confidence.”

Finally, for goodness sake, DO NOT VIOLATE THAT CONFIDENTIALITY. If you discuss proprietary information with someone else, you are doing a great disservice to your buyers and sellers.

Filed Under: Cup O' Joe, Uncategorized

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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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