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Prospecting: Elusive Prospects are an “Easy Mark”

May 13, 2013 by Joe McAuliffe

How is it that prospective buyers and sellers will express an interest in your services and then just disappear? We’ve already discussed how some prospects will fail to respond because they’re busy. We know that “turning up the heat” with multiple additional contacts is a good way to stimulate a response from someone that is busy. However, this situation is different.

It’s important to recognize that when your prospects fail to respond, their behavior may be motivated by fear. In fact, many prospects are “push-overs” and they know it. They are afraid that if they respond or pursue information, you will get them to go to contract. In other words, they are afraid you will get them to buy or sell something because they are an “easy mark”. In most cases they are right, so the strategy they employ is to avoid you. This is the type of prospect you want to make sure you contact because it’s an automatic sale.

“Easy mark” is an expression that can also be applied to sales professionals. Salesman above other groups, appreciate how much work and effort is involved in the selling process. Because they understand what you are going through, they can be far more compassionate or sympathetic. That’s why it’s been said that the easiest people to sell to are sales professionals. You may have to work a little bit harder to schedule an appointment, but the end result will be well worth it.

Filed Under: 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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