How to Succeed Against a Were(buyer)wolf

31 10 2011

Were(buyer)wolves are very common in today’s market, the purpose of this note is to help you identify them and avoid becoming another casualty.

The Full Moon. Used to be that were(buyer)wolves came out during full moon only, however and due to unknown reasons, todays were(buyer)wolves can come out any night or day and pose as interested buyers.

Their Howling. This was how were(buyer)wolves used to announce their presence. However, today’s werewolves have evolved; they now call, text or email unsuspecting agents asking for information on properties.

Their Attack. Their attacks can be deadly, it is common knowledge that were(buyer)wolves will continue working on their prey until the prey quits out of frustration. It also has been widely documented in logs worldwide the stories of agents who worked with were(buyer)wolves, showed them dozens of properties, or assisting them in making and presenting numerous offers only to never hear from them again after their offer was accepted. Another usual practice is for the were(buyer)wolf to make a ridiculously low offer and then blamed the agent when their offer wasn’t accepted.

Protect yourself. According to legend, one of the most effective weapons against a were(buyer)wolf attack are silver bullets, fortunately real estate practitioners were given these silver bullets during the licensing period. The bullets are: a were(buyers)wolf must be “Ready, Willing and Able” before making an offer. Translated to today’s modern lingo: A were(buyer)wolf must READY to purchase and close within a reasonable amount of time , must be WILLING to buy a home and not be looking for an opportunity only and it must be ABLE to purchase by either being pre-approved for a mortgage or showing proof of liquid assets.

I hope this note gave you the insight and prepare you against were(buyer)wolves.

Have a great day.

Oscar Marquez

Advertisements




Want to Become a Better Salesperson in 2011?

3 01 2011

A very common new year’s resolution is to become a better salesperson, in order to accomplish this goal, we must realize that continuous learning is a crucial component of the resolution. Unfortunately most salespeople decide they don’t have time for learning or that they can’t afford to improve themselves and that is the easiest and fastest way to failure.

If you are truly committed to your improvement, here are seven principles of learning.

1. Organize for effort. What is the skill that you need the most? Prospecting? Presenting? Negotiating? Closing? All of them? Then take one and learn as much as you can about it.

2. Establish Clear Expectations. How will you measure your advancement?

3. Create the Thinking Curriculum. What do you need to learn or improve first? Second? Third?

4. Commit to Academic Rigor. Schedule time daily to better yourself.

5. Students Produce their own Learning. The best way to learn is by practicing with real clients, don’t wait until you master the skill, practice, practice and practice.

6. Arrange for Accountability. Be accountable to someone, remember when you make a commitment, there is room for failure.

7. Commit to Continuous Improvement. We never stop learning, there is always room for improvement.

Have a fantastic 2011.





The Secret of a Successful Salesperson.

15 09 2010

What is the secret of a successful salesperson? Many people say the knowledge of their product, some say that the way in which he or she speaks, others say you must be born a salesperson.

However, after having trained thousands of sales professionals, in my opinion the secret of a salesperson is repetition.

The person, who has become a true master of the sale, is the person who has memorized their presentation and can recite it with eyes closed and even while sleeping.

This is the only way by which a professional salesperson can deliver a presentation that people buy every time. There are people who want to change their sales presentation for fear of sounding repetitive, however they run the risk of doing a sloppy job and not getting the sale.

So if there is one advice I can give is this. Practice, practice and practice your presentation until it becomes an extension of you.





Five Lessons to Learn from Lost Sales

12 08 2010

Sales agents experience failure every day: a sale that doesn’t go through, customers canceling a contract, failed presentations. What do the “Heavy Hitters” do afterward? That’s the important question.  Although it may be difficult to realize at first, many times failure can be a blessing in disguise. Not closing a deal is not a failure. In fact, it can open up new doors. If you analyze where was it that you failed and make corrections and changes it can become a very valuable lesson worth many commissions in the future.

1. Learn from Failures. Before you can learn from failure, you must know how you view failure in the first place. Are you one of those people who won’t even acknowledge the word “failure”? Or do you accept that it’s there, but then deal with it in a positive manner? Failure does exist. It hurts when it happens, it’s personal, and it is OK to be upset when a sale falls through.  You can’t change what’s already taken place, however you can be responsible for what takes place from this moment on.

To learn why you failed, stand back and look objectively at what happened and why.  It’s pointless focusing on what might have been. Instead, think of ways you’ll do better next time.

2. Attitude Matters. Recognize that your attitude colors your view of failure as much as the truth can. Perception will always win over reality. Sales agents start out with good intentions, but we are rarely trained to deal with our own fears. Over time, as we experience more and more rejection, we begin associating prospecting with pain, and fear takes over their selling. This just makes failure all the more likely.

3. Don’t Try to Avoid Failure. Trying to avoid failure is a fool’s game.  Failure isn’t necessarily bad. You learn from mistakes, maybe more than in any other way. If you are a skier, you know that if you don’t fall, you can’t ever get better. You need to push yourself or you’ll never improve.

4. Don’t Give Up. In sales, the lack of persistence is perhaps the biggest cause of failure. How many times have you tried setting an appointment with a new prospect, only to face rejection every time?  Then one day, out of the blue they interested in scheduling an appointment

5. Think Positively. Write down a list of your strengths and your successes, then after a lost sale or a presentation that didn’t win the sale, read these lists and remind yourself that you have not failed but are merely going through one of life’s learning experiences.

Failure is part of our business, its part of life. Whether it is crippling or empowering is up to you. The only one who ever put a label of failure on you is yourself.





1 04 2010

Google having some fun, celebrating April fools day.
http://ping.fm/lclMH





Tips to Make 2010 a Very Successful Year.

7 01 2010

“Would you mind telling me please, which way I ought to go from here? That depends a good deal on where you want to get to,” said the Cat. “I don’t much care where” -said Alice. “Then it doesn’t matter which way you go,” said the Cat.”

Lewis Carroll, Alice’s Adventures in Wonderland.

It’s been said that most people are too busy to plan their goals. Goals are just as important as everything else. Here are six steps to help you make 2010 a great year.

1. One step at the time. Identify what is it that you would like to change in the following areas: Business, family, personal, spiritual. Focus on one small goal at the time and when you reach it, move on to another one.

2. Set a date to reach each objective. Be specific.

3. Make a list of the obstacles you must overcome to reach your goals.

4. Work a plan of action to reach your goals.

5. Visualize yourself reaching your goal; feel the empowerment, hear the cheers.

6. Write your goals down and read them out load every day.

Have a wonderful 2010 and I hope to have the opportunity to help you become more successful.

 To your success,

Oscar Marquez





How to List the FSBO Vampire.

12 10 2009

They have arrived and are here to stay and they are getting ready to put their house on the market, they are the FSBO Vampires.  Following are five ideas to overcome their powers. 

  1. Don’t let them Glamour You.  Be careful, Vampire FSBOs are known for glamouring people and making them do things they wouldn’t do otherwise.  So when a Vampire FSBO tries to talk you into believing they don’t need your help to get their house sold, don’t fall under their spell.  As a professional Vampire FSBO slayer, you already know this is just folklore.  It takes a lot of effort and money to sell a property.
  2. Don’t Fear Them.  FSBO Vampires can’t exist in the light; they are creatures of the night.  Show them how much work and effort is involved in selling real estate, it goes well beyond posting a “for sale” sign, and that is just the beginning.  Realtor slayers don’t get paid to sell houses they get paid to insure the sale closes.  So next time you encounter a Vampire FSBO bring them out to the light.
  3. Don’t Waste Your Weapons.  By using all your weapons (garlic, silver, wood) at once, you will only weaken them but they will not die.  The best way to slay a Vampire FSBO is by bringing one weapon at the time.  Each time you visit them, bring one extra weapon (MLS, prequalification forms, marketing, etc) and soon you will turn them into a listing.
  4. Watch out for their Fangs.  Vampire FSBO’s most powerful weapon are their fangs.  They will use theme to attack you and ultimately get rid of you.  So when they ask you to take the listing at a very low commission or very high price, protect yourself, don’t let them suck you dry.
  5. Don’t Become One of Them.  Many times good agents join their ranks and put their own houses for sale as a FSBO.  If they don’t have enough confidence in the power of being a Realtor slayer, how can they succeed in the business?

 As a final note, I would like to ask you not to become a werewolf and try to overpower them; remember you are only strong during the full moon and if you try to overpower them you will lose the opportunity to list them.

 Have a great Halloween.