Increasing Sales Production Through Quality Of The Message
When you break a real estate agents business down, there are only four ways to increase production. There are four proven avenues toward increased gross revenue. The four ways to increase production are:
Number of contacts
Method of contacts
Quality of the prospect
Quality of the presentation
When you begin working on any one of these, you have taken the step to becoming a Champion Agent. Once you have raised your level of the performance in each of these areas, you can call yourself a Champion!
Quality of the message
I feel this is where the Champion Agent really excels over other agents. The message you present is essential to your success. What you say and how you deliver your message in tonality and body language influences the results you achieve. It's the edge that your other sales agents don't posses. If they were that skilled at sales, they probably would not be a member of your team. You will need to address this aggressively and promptly when bringing any sales agent on your team. I think we have gotten too far removed from the sales aspect of real estate sales. In the end, homes are not bought but sold. Professional representation services are not bought but sold. We have to sell to be at the Champion level. Most agents have never taken formalized sales training of any kind. They have taken a couple of weeks of introduction to being a real estate salesperson that their broker provided . . . that's it.
When sales skills go up, income goes up. There is a direct correlation between sales skills and ability and income. I know there is a large group of skeptics reading this. Let me illustrate my point. To be successful at any profession, no matter what profession you select, you have to achieve mastery of the primary tool of the profession. There are other secondary tools that help, but the primary tool is the cornerstone or capstone to success. Without mastery of it, you will always be brushing up against a ceiling of production; you will never explode through.
My father was a dentist for over thirty years. As a successful dentist, he had one primary tool that he worked for years to master and a lot of secondary tools. As secondary tools, he had explorers, drills, polishers, Novocain, a dental chair, lights, scrapers, probes, amalgam fillings, sealants, gold crowns, different types of adhesives, x-ray machines . . . you get the idea. All of these were secondary tools.
What is the primary tool of a dentist? What is the one tool that must be controlled to let all these other tools work their magic? For a dentist, it's his hands. A dentist without skillful hands as his primary tool isn't a good dentist.
As a real estate salesperson, you have laptops, blackberries, Internet sites, lock boxes, lock box keys, marketing pieces, mailings, flyers, customer relation management (CRM) software, computers, tracking forms, your car, your clothes, MLS, and countless other secondary tools. What is the primary tool of a real estate salesperson? For a real estate salesperson, it's the words that you say and how you deliver them. The message you present and convey either causes the prospect to work with you or repels them away. All the other secondary tools will not make up for a lack of skill in the primary area - the words that you say and how you deliver them.
Most agents invest far more in their wardrobe than they do in themselves and their skills. I have listened to hundreds of very good agents' prospecting, lead follow-up, buyer consultation, and listing presentation tapes. I have never gotten one initially one that I thought was awesome. The tapes I have listened to have come from some of the best agents in the world. That's why I can say confidently that the vast majority of you reading this article, even if you are doing a lot of production, have a message or presentation that is not very good, either. I am not trying to cause you to toss this article aside, never to pick it up again, by making such a bold comment. I am merely trying to get everyone to face the facts of how important our message is and what we need to do to change it to improve our business.
I had a client I worked with for a number of years who was an excellent agent in Cleveland, Ohio named Sheri Nasca. Sheri was one of the best salespeople I have ever worked with in terms of sales skills. She was forced to move and restart her business all over again in the Chicago area. She did sixty closed sales her first year in Chicago without knowing a soul. She was able to do it because of her superior sales skills. I think sixty units your first year in production without market presence, a sphere of influence, or past clients is outstanding. Sheri did it because she is the consummate professional in her sales skills.
A professional football team will practice for forty to fifty hours a week in preparation for a sixty-minute game. How much time do you invest weekly to practice your craft of selling? Most agents will spend at least $500 on a good suit, $75 on a quality shirt, $75 on a nice tie, $12 on socks, and $200 on a quality pair of shoes. All tolled, we will invest nearly $850 to walk out the door dressed for success. Yet, we won't spend a dime on what matters most - our mind and our sales skills to create, convert, and service our customers well. The message you present and its quality are imperative.
Sept. Same-Store Sales Aren't Likely To Boost Spirits - CNNMoney.com
Glastonbury chiefs hail early sales - The Press Association
MTV UK Glastonbury chiefs hail early sales The Press Association - Tickets for the music and arts jamboree in Somerset went on sale on Sunday morning at 9am and by early evening over half the 137500 places were snapped up. ... Eavis "over the moon" with Glasto sales JAY-Z BOOSTS GLASTONBURY 2009 TICKET SALES Half of Glastonbury 2009 tickets sold -