Showing posts with label mindset. Show all posts
Showing posts with label mindset. Show all posts

Wednesday

How to work with Homeowners (for Agents Real Estate and Investors)

Currently over 25% of mortgages are over-leveraged,
meaning these properties are worth LESS than the amount
of the mortgage.

There is an estimated 7 MILLION foreclosures coming
down the pipe over the next few years, and right now
luxury homes are going into foreclosure twice as fast as
the medium-priced homes.

THIS IS A PERFECT STORM FOR YOUR
REAL ESTATE BUSINESS!!

Once you locate a potential short sale deal and you set
the appointment with the homeowner, there are three
major factors to understand...

1) Homeowners can be skeptical. Many of these homeowners
are in a short sale situation because of a loan officer that put
them into a bad loan, they were tricked into terms they did
not understand, or they got in over their heads.

2) They are most likely in some sort of hardship. It could be
anything from Job loss, to death of a spouse, medical issues.

3) They have a lot going on in their heads, particularly fear
of making a bad decision.

Learn to be there for them and come from a place of service.

Be real with them and educate them on what their options
are. When you put their interests first and show a strong
knowledge you will get the deal every time!


To your success,

Oliver Graf
Real Estate Expert




Tuesday

How to Get More Business Today With These Simple Easy-to-follow Lead Generation Tips - For Real Estate Investors, Agents, and Brokers


How to Get More Business Today With These Simple Easy-to-follow Lead Generation Tips


Many people make the mistake of thinking that prospecting is about making the sale or closing the deal. You will rarely “make the sale” on the first call… It's about getting the chance to make the sale. The ultimate purpose of a prospecting call is to set an appointment to make your “pitch”. You should be focused on simply setting an appointment before you hang up the call.

Find out as much as you possibly can about the individual you are prospecting in advance. This gives you the huge advantage of being able to talk about their needs when you call them.

Always use your script on your prospecting calls (If you don’t have a script, make one! If you need help, feel free to contact me). This should be non-negotiable. Without a script, it's too easy to leave something out or get off track. Remember, after you practice and internalize the scripts this will become second nature to you.

The 5 Critical Points of Prospecting:

1) Selling is asking questions. Questions will help you find out everything you need to go for the sell. This is called question-based selling. When you ask questions, you come off more sincere, and it gives you the ability to find out more about your prospect. Listen to what they are saying and then present all the ways your product or service will benefit them.

2) Prospecting is a numbers game. We have all heard that every no gets you closer to a yes. We have to understand that hearing NO is going to be a big part of our business. The more NO’s you hear in a day the better you did, just keep on going for the YES! If you want more sales… you need to talk to more people.

3) You should set a goal for yourself to keep you on track. An example of this would be: 10-12 contacts an hour for 2-4 hours every day. This alone will get you better results than you ever imagined.

4) You can never lose a deal from too much follow-up. Remember, most sales will happen after several contacts. Don’t leave money on the table with the lack of follow-up. Set a follow up schedule for yourself and try to automate as much of the process as possible.

5) An objection is simply a question in the mind of the prospect that needs to be answered. So script out the answers to your 5 most common objections. Then you will be equipped to handle them as soon as they come up. Since objections never change, simply figure out the answers.


The best place to start is on the PHONE. The sooner you develop and learn your script and objection handlers the sooner we will be able to jump on the phone and get business. If you are persistent every day in making your minimum # of calls you can’t help but to succeed. Do it consistently EVERY DAY and you will receive a flood of business!


What creative ideas are you using to land more prospects?




Sincerely,



Preston Mattix
Real Estate Expert



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Success Tips: How to Pre-qualify Prospects and Referring Partners so you get more Real Estate Business

How to Pre-qualify Prospects and Referring Partners so you get more Real Estate Business

For Real Estate Agents, Brokers, and Investors...

Generating new clients is a key to success in any business. So you want to make sure you are focusing on clients that are ready to move forward and not wasting time others. When you are talking a lead or potential prospect, ask yourself these questions as a way to qualify them. If they meet all five, you have yourself a solid prospect and you will be on your way to doing business with them. If someone doesn’t meet all FIVE requirements, they are probably not a good match and your time would be best spent speaking to other potential clients.

One thing to keep in mind, especially when speaking with prospects, is that some of them will be very well off and others have been through a very difficult time and are going to be defensive. Always be as pleasant as possible and don’t take things personally.

1) Cooperate: When speaking with them, are they amiable and willing to cooperate? Although they may be facing challenges because of today’s market or because of credit issues, that is fine, but if they get belligerent or angry with you, you do not have to work with them.

2) Plea for Help: Do they want to be helped? Find out their “hurt” and show them how your product or service is the “cure”

3) Realistic: Do they have realistic expectations? Does the prospect realize that the currentor may not be the same as it was few years ago? If financing is involved, do buyer prospects realize that loan programs are not the same today as they were 2 years ago. market may

4) Conversation: Are they willing to have a conversation with you? Do they even answer the phone or have they been avoiding you for weeks? Are they short with you and give clipped, one word answers or do they at least provide a little dialogue? Follow the rule of three, once you have left them 3 messages if they do not respond throw them away and move on.

5) Action: Do they want to move forward anytime within the next 0-14 days? Are they motivated and ready to move forward now?


Qualifying your prospective clients quickly and effectively is a skill that is sure to bring you massive success in any industry. Click Here to learn the secrets to prospecting, qualifying, and how powerful the use of scripts can be to make BIG money in sales






To your success,

Oliver Graf

Real Estate Expert
Follow me on Twitter: Twitter.com/OliverGraf360



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How to Successfully Launch a profitable Real Estate Business

How to Successfully Launch a profitable Real Estate Business

The hardest part of getting your Real Estate Investing business started is overcoming the fear of the unknown that comes with attempting anything new. Many of my students get stuck before they even start suffering from analysis paralysis. Getting caught in the train of thought that if they just buy one more seminar, they will finally feel confident enough to get in the game and finally start doing deals.

What we all need to understand is that fear will never go away no matter how many courses you buy, or how many boot-camps and seminars you attend. The only way to get over this fear is by actually getting in the game, you need to face your fears and execute! We do not need to start with huge deals getting started, or even any of our own money. So many times, investors think that they need to put everything on the line to get into real estate investing. That is so far from the truth, I did my first almost 50 deals without ever using any of my own money or credit. This are what everyone has heard of called "baby steps", everyone that is successful today started with baby steps. These are just stepping stones to growing a big investing operation like myself and my partners have. It all started with finally pulling the trigger and doing are first deal. Looking back on it now with over 300 deals under my belt, the only regret I have is not getting started sooner!

Here is an easy action guide for you to start using today, this will help you finally start working towards your goals. Follow these easy steps and you will be well on your way to being a successful real estate investor!

Attend a REIA / Meetup / Investment club meetings : Networking with other investors is the best and first step to starting your investing career. The people you will meet at these events can be a big help to you while first getting started. I always say that "Relationships are the only shortcuts to success". For a lot of us this can seem a little nerve wrecking in the beginning, but be rest assured that this is the most important step in starting your business. Another major bonus is that these meeting are usually free! If this is a big challenge to overcome, you might want to consider attending one of my events to help you sharpen your networking skills. Remember... you are always on the air!

Meet with successful Investors: Sometimes we need to see before we can believe. Meeting with an active successful investor will give you the inspiration you need to get your butt into gear. When I was first getting started I made it a point to meet and surround myself with as many of these people as I could. We have all heard that saying..."You income is the exact average of the 5 people you hang out with most"...so why are you hanging out with your broke friends? If you need help finding successful investors to meet with, a REIA or Networking group as explained above is a great place to start.

Take Action: The only way to invest in your first deal is by finding your first deal!! Whatever your chosen model is, you need to find properties to invest in. So if you are going to be looking for motivated sellers, then you need to get on the phone with sellers. The only way we can get better at talking to our clients is by talking to more and more of them. Practice makes perfect, right? No! Perfect practice makes perfect! Practice your scripts, roll play your scripts and get on the PHONE!! Read this very carefully...TAKING ACTION WILL MAKE YOU RICH!!

Getting starting and making money investing in real estate is not easy and anyone that tells you it is has not done any deals. If you want to be successful you need to be ready to get outside of your comfort zone and act in spite of fear! Because of this we must make sure we are always surrounding ourselves with the right people on a regular basis as well as feeding our mind positive thoughts on a regular basis. Make sure to check back for my next post on "The Winning Mindset."

What are you going to do to get started?


Yours in Success,

Sam Khorramian

Success Expert



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