"Consult
The Coach" Archives
Stuart Kaufman, MS, MBA
“The Real Estate Coach”
July 2008 - Volume 8, Issue 5
Q.
Dear Coach:
The
current market is making me anxious and stressed. My listings aren’t
selling and my buyers aren’t in a hurry to buy. I am not sure
what to do. I feel frustrated. I feel like I have no control over
what is happening.
Signed,
Lacking
Control
A. Dear
“Lacking
Control”,
You
are not alone. I hear a lot of concern about the current real estate
market from my students and clients. It is certainly understandable
to feel frustration and discomfort as the market has slowed and
houses are now selling in a span of months, instead of days. The
question is what can you, as a Real Estate Agent, control? While
you clearly can't control the market, you can control your attitude,
your time, and your actions.
How
is Your Attitude? When people ask you about the Real Estate
Market, are you upbeat and enthusiastic, or down-trodden and pessimistic?
One of my clients relates, when asked about the Real Estate Market,
how great the market is for buyers. He uses it as an opportunity
to ask for a referral. "Who is someone you know who may want
to buy a house for themselves or as an investment?" The more
positive and optimistic you feel and project, the more good things
will come your way. Simply smiling and greeting people graciously
are small ways of demonstrating your positive energy and optimism.
Time
Out! Many of my clients have more time on their hands,
now that business is slower. How are you spending your time? Do
you have a daily, flexible routine that insures that you are living
a balanced life? Do you exercise and practice good self-care each
day? Are you spending quality time with your family and friends?
You may want to keep track of your time for a week to determine
how you are actually spending your time. Many of my clients find
this very enlightening and they discover opportunities to be more
efficient.
Take
Action! It is a proven fact that in a market like ours,
the most effective prospecting is that which is directed toward
the people who already know, like and trust you – your Sphere!
Are you picking up the phone and calling your past clients? How
about stopping by their houses to deliver a plant, say hi, and just
check in? How about taking those people, who have given you past
referrals, to lunch or coffee to personally thank them? Personally
connecting with people is universally considered a “High Value”
marketing activity, and costs much less than mailing post cards.
Are you asking for referrals? If you want a referral based business,
it really helps to ask people for referrals – they can’t
read your mind.
So,
you can control your attitude, your time, and your actions. How
you choose to think and act will dictate your business success.
About the Author:
Stuart
Kaufman, MS, MBA, is a Real Estate Business Coach who has coached,
trained, and inspired over 1,500 Real Estate Professionals to take
their business to the next level. He is the head administrator of
the Puget Sound School of Real Estate in Seattle, WA. For a complimentary
copy of “Five Essential Tips to Get More Referrals
and Business from Your Sphere”, go to www.GetYourSphereInGear.com.
© Copyright 2008, Metamorphosis
Coaching. All Rights Reserved.
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