Friday, February 6, 2009

WEEKLY NEWSLETTER FOR FEBRUARY 6

LATEST NUGGET is at the end of this Newsletter. Check it out. Gymbeaux

Market Center Movie Schedule: Movie follows the M&M Group: (Recommend you bring your lunch)

Monday, February 9 at 12:00 Noon: Stand Up For Your Life, with Cheryl Richardson, approx 60 minutes
Monday, February 16 at 12:00 Noon: Pass It On, multiple artists, better than The Secret, approx 90 minutes long


YOU ARE REQUIRD TO COMPLETE 12 HOURS, NOT 8 HOURS, OF CONTINUING EDUCATION CREDIT IN 2009. NOW IS THE TIME TO PLAN AHEAD. 4 OF THOSE HOURS MUST BE ON THE NEW AGREEMENT TO PURCHASE. THE NEW SUBJECT FOR THE NATIONAL ASSOCIATION OF REALTOR’S THIRD CYCLE OF REQUIRED QUAD TRAINING WILL BE ANNOUNCED LATER THIS MONTH OR NEXT, WATCH FOR DETAILS. GET IT OUT OF THE WAY SOONER RATHER THAN LATER!

MARK YOUR CALENDAR: The NABOR Awards Luncheon is Thursday, March 12, 2009 at Tchefuncta Country Club in Covington. 2 Country Club Park Covington, LA 70433 doors open with a cash bar at 11:30. Lunch and awards program at 12:15. Reservations required. $26.00 if made on or before Feb 25, $36.00 thereafter. See flyer in resource room for details and reservation info. We have 16 teammates getting awards – fantastic considering the market! LETS SUPPORT THEIR EFFORTS BY SHOWING UP AT THE LUNCHEON WEARING RED!

DAVID KNOX FIRST TUESDAY TRAINING: Another gem by one of the best trainers in our business. This one is on How to Negotiate Low Offers. It is only 10 minutes long but 10 minutes you do not want to miss.
https://www.davidknox.com/knox_sales_meetings/020309/

PASS IT ON; THE MOVIE: If you liked The Secret, you’ll love Pass It On. I purchased a copy of the 90 minute movie and will pay it in the training room at 12:00 – 1:30 PM on Monday 16 for anyone who wishes to see it. You can check out a movie preview at www.PassItOnToday.com.

BIRTHDAY INFO; interesting web site that gives you tons of info about the day you were born. Thanks to Dale Sibley.
http://www.paulsadowski.com/birthday.asp

Monday Morning M&M Update: The M&Ms will meet every Monday at 11:00. This past Monday was our first meeting and it was decided that the hour would be more of a conversation about real estate topics than a formal training class. The discussions are to hopefully help everyone define their goals, meet their goals and/or discuss tips, techniques, scripts, etc based primarily upon my almost 30 years in the business and the various training books, seminars and CDs I have listened to. The hour is open to everyone. Next Monday, February 9th, the meeting will be followed by a 60 minute movie, attendance voluntary, entitled, Stand Up For Your Life by Cheryl Richardson. Bring your lunch and enjoy the flick.

BLUE INK: There is no legal requirement that I am aware of but it would be in everyone’s best interests if they would use blue ink for their buyers and sellers when signing contracts. The blue ink would help to immediately identify Originals. Copy machines are so good it is oftentimes difficult to identify a copy from the original.

LISTING TIP; TAX RECORDS: You are strongly encouraged to run the tax records and print out a copy of the tax records for the properties you are listing. If nothing else, it will give you a legal description of the property and may also identify delinquent taxes which could adversely affect an eventual sale.

SELLER’S NET SHEET: Keller Williams Realty International identifies the need to include a Seller’s Net Sheet in each listing folder to be completed when the property is first listed. It is recommended that you calculate a Seller’s Net based on a full price offer where the seller pays what is typically paid by the seller and the buyer pays what is typically paid for by the buyer. This requirement appears in the International Policy and Procedure Manual as well as our Market Center manual.

MANDATORY CE: Every licensed associate is REQUIRED to take 4 hours of CE on the new Agreement to Purchase. Remember, starting in 2009, that would be this year, you must insure that NABOR Board Office receives a copy of your certificate of completed training. Also, some time in late February or March, NAR will announce what training is REQUIRED for the Quadrennial Third Cycle Training. Watch for details. It is always better to take your training sooner rather than later. REMPHASIZED FROM ABOVE JUST BECAUSE IT IS IMPORTANT!

BOOK RECOMMENDATION: Jeffrey Gitomer’s, Customer Satisfaction is Worthless; Customer Loyalty is Priceless! In my opinion this should be a required reading for anyone in sales. Gitomer, in my opinion, is a sales genius. He approaches all of his books with great clarity, gives you specific action steps to guide you to better business practices and points out the obvious in a very humorous manor. All of his books are worth reading, and this one is no exception. Do you want “satisfied” customers or do you want “loyal” customers? Nuff said! This book is hard for me to read. I’ll read one page, get an idea. Read another get an idea. At this rate, I’ll finish it in 2010.

TODAY MAY BE THE POOREST DAY OF THE REST OF YOUR LIFE, check it out at: http://www.mikelitman.com/blog/?p=124#more-124

Short Article: From Sales Gravy: PRIORITY #1, RETAIN YOUR CUSTOMERS IN 2009! http://mail.google.com/mail/?source=navclient&shva=1#inbox/11f4657d7b6c113e
While you are on the site, consider signing up for Jeb Blunt’s FREE newsletter.

Amazing and unbelievable Video of one dog saving the life of an injured dog on an Interstate Highway, very short, very profound. http://www.sonnyradio.com

What is your Real Age, take the test at: http://www.sonnyradio.com/realage3.swf. For the record, I am about 3 years younger than my chronological age; that would make me about 24 (just kidding)

GREAT ARTICLE AGENTS AND BUYERS SHOULD THINK ABOUT REGARDING MORTGAGES, thank you Paul Chiasson. http://money.cnn.com/2009/02/03/real_estate/new_rules_for_mortgage_borrowing/index.htm?postversion=2009020413

DR. WAYNE DYER AND MS. CHERYL RICHARDSON interview via HayHouse. Both are dynamic and very influence speakers and authors. This is a link to the interview: http://mail.google.com/mail/?source=navclient&shva=1#inbox/11f48794dd8855f3


Nugget For The Noggin
THE GOLDEN RULE IS ALL WRONG!
By Jim “Gymbeaux” Brown

Okay, maybe it is not wrong, but there definitely is an alternative that could help you in sales. If you are like me, you first began hearing about the Golden Rule, “Do unto others as you would have done unto you,” since the age of 3 or 4. God knows I am not here to suggest that my mother was wrong but in this case, I think she may have been a little mislead as I have.

I have heard several speakers and authors talk about this but who said it first - I have no idea. While watching the great movie Pass It On, I heard it again. This time it was not WHAT was said but HOW the speaker emphasized the words that initially caused me to really start thinking about the meaning of what was said. Then I picked up where I had left off reading Jeffrey Gitomer’s book, Customer Satisfaction is Worthless; Customer Loyalty is Priceless where Gitomer told two stories of two different hotels and how he had been treated. (Side note: This has been one of the most difficult books for me to read. Read a page, get an idea. Read another page, get another idea. At this rate I will finish it in 2010. But is a fabulous book; highly recommend it.)

In the first 5 star hotel, he was treated not only as he expected to be treated, he had some pleasant surprises thus creating a memorable event that was repeated by word-of-mouth, as well as his written word in his books; and now mine here. At the second hotel, Gitomer expected nothing less but less is exactly what he got. His treatment was shabby at best. He was shocked to find a hand written note on his hotel bed from the manager addressing him by name thanking him for his business and reaffirmed his desire to provide great service. The manager obviously sent such notes routinely to incoming customers but had failed to discuss this new visitor’s displeasure that had been voiced at the front desk the night before. In other words, this is what we really do (actions) and this is what we would like to do (false promises).

What actually transpired is not important. What hit me from his two stories was the effect of the Golden Rule, “Do unto others as you would have done unto you.” Gitomer’s stores created a very HUGE AHA for me when coupled with what I had heard that same afternoon in the Pass It On movie which was:

Do unto others as they would WANT done unto THEM! – not you!

Let me put this into perspective. I am the real estate broker for a 100+ Keller Williams Realty office. If you stop and think for just a minute, you realize that with 100 people you get 100 personalities; none the same. 100 likes – 100 dislikes. 100 people with different goals and objectives. 100 people with different family make-ups. 99 people who get it except for you-know-who; who has no clue! Or in other words, everyone is different. Jeffrey Gitomer who travels a great deal to his speaking engagements has come to expect quite different treatment at hotels than say I would. I travel only a couple of times a year at best. It would be far easier to satisfy my requirements than Gitomer’s because he would have far greater needs than I would. The next morning he gets up in front of hundreds if not thousands of people and has to look his best. Me? I probably will get up and go to the golf course; I don’t care if my shirt is pressed, or not – huge difference.

Question. What if you are a jerk? If you take the Golden Rule literally, does that mean you treat everyone else like a jerk because that is what YOU have come to expect? What if you are someone who gets into verbal confrontations on a daily basis? Someone who is unhappy? Someone who is simply sick, or worse, you are you-know-who? Get the idea?

Some people like to be left alone. Some people thrive by engaging other people. Some people find it difficult if they do not constantly receive praise and recognition. Some people prefer to stay in the background. Some want quick resolutions. Some want to be certain the resolution was thoroughly thought out and tested.

There is one trait, however, that we are all most likely guilty of – what’s in it for me? Would it be fair to say that every customer we have ever dealt with or will deal with thinks, “What’s in it for me?” Do you think the customer ever seriously thinks, with the emphasis on seriously, how can I satisfy this agent’s needs and wants? No way!

Think about this: How do YOU want to be treated by me? Personally, I am always aware of how I want to be treated by you? This is what I know about me. When all the fluff is set aside, I am a bottom line person. If you can get the job done in 10 minutes do not take 60! Tell me what you want. Let me know if you want me to help or just listen; there is a difference.

I tell you this because if you treat me the way YOU want to be treated and it is NOT the same as I would, you will most likely miss the mark. When you meet someone for the first time and you have only a few seconds or words with the other person there is no way you could possibly know how that person wants to be treated. You must engage with the idea of learning. You do this by asking questions and then, and this is the critical part, YOU LISTEN TO WHAT IS SAID! In the case of a hotel stay, you can pretty much understand that the sky is the limit and it would be easy to meet minimum standards but to exceed them would be determined by what that guest to the hotel had come to expect from the type of hotel they stay at. Hotels that truly exceed a customer’s expectations constantly look for ways to “raise the bar” on what is provided by the hotel and exceed what is expected by the customer as Gitomer points out in his book. In one story in Gitomer’s book, a hotel employee called him a week in advance of his stay to ask him if there was anything special he would need. Imagine that – initiative. That one action has caused Gitomer to tell others about the hotel and he has even written about it, and now I am. Word-of-Mouth marketing at its finest!

What are you doing to cause your customers to want to tell others about the service you provide, or not. Are you providing service that YOU think the customer wants; or, are you providing the kind of service the customer REALLY wants? Do Unto Others As They Would Want Done Unto Them!

What I have come to learn over my many years in real estate sales is that the more experienced the real estate agent the less likely it will be that the agent sees through the customer’s eyes. Times change and what worked yesterday may not work today. But if it ain’t broken, don’t fix it – we have all heard that. I look at it a bit differently. I look upon things as always being broken; it just hasn’t stopped working – yet! I have always done it this way, I don’t care what you or your studies show. “Do unto others as you would have done unto you!” Therefore with that attitude, you would continue doing what you have always done and most likely begin to realize diminishing returns on your efforts over time. I am a baby boomer. Believe it or not, a great many “baby boomers” are NOT computer literate. So if you go into a presentation expecting to overwhelm the baby bloomer with your technical savvy on the computer, you will succeed – you will have overwhelmed them! When you overwhelm people you also unintentionally plant the seeds of distrust. Give the customer what the customer wants. If the customer wants technology, give it to him or her. If the customer wants a gentle conversation, eye-to-eye, give that to him or her.

DO UNTO OTHERS AS THEY WOULD WANT DONE UNTO THEM!

A much better Golden Rule; at least in my opinion. Treat people the way THEY would LIKE to be treated. The way YOU want to be treated when providing service to others really doesn’t matter does it? Here is another personal example. I am a bottom line type person. I hate the endless lead-ins to eventually get to the meat of the matter. I have attended training classes where the instructor talked for over 45 minutes and did not provide one note-taking idea – it was all lead-in material. In one 2 hour required continuing education course, there was only 15 minutes of meat taking notes out of a total of 120 minutes of presentation. I was bored out of my mind. I was being treated like someone else wanted to be treated – not me Mo Frer! Treat people like THEY want to be TREATED!

Fast forward to a situation where I am selling my own home and you come to my home for a listing presentation. Also consider this fact which you would not know if you don’t read (of course that is not you) – 70% of homeowners interview only one agent. Therefore you have a 70% chance that agent would be you, unless of course you are you-know-who. You come to my home and start your presentation and I would most likely learn all about you, your company, your company ownership, your wonderful company logo and colors, and the notebook computer you present all this material on. You may even show me name after name of satisfied customers. Not once, however, did you ask me what I wanted. Remember, I told you I am a bottom line kind of person. All I wanted to know was how much you thought my home was worth and why, and, what are you going to do to sell it. That’s it! How long would that take? 15 minutes? 20? But no, you have been doing listing presentations for over 10 years and you absolutely know, with no uncertainty, what I want to hear – wrong! Do unto others as they want done unto them!

How do you know what I want and how I want to be treated? YOU ASK! Imagine that! Most real estate agents “assume” they know not only what their customers want but also how they want to be treated and that is just wrong thinking. Actually it is “bonehead” thinking. And you-know-who engages in bonehead thinking and you certainly do not want to be like that, would you? (Rhetorical question, you don’t have to email me with your response J )

Want to change your business? Change the way you think about your business. More importantly find out what your customer wants (they are not all the same) and then create a plan of action that meets your customer’s needs, wants and more importantly exceed their expectations.

TREAT PEOPLE LIKE THEY WANTED TO BE TREATED!

If you do, then the next famous quote falls right into place:

“To get everything YOU want in life, help someone else get what THEY want – FIRST!

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