By Erica Christoffer

QUICK SKIM
Handling objections is all part of the job. Authors Donna Fleetwood, Christy Crouch and Scott Friedman wrote Now What Do I Say? Never Be At a Loss for Words Again (BookSurge Publishing, 2008) to help real estate pros handle any objection that comes their way. Using communication methods derived from neuro-linguistic programming, which considers the impact language has on people and their behavior, the authors offer more than 425 answers to more than 70 common real estate questions and objections. Written in dialogue style, the book can serve as a quick reference, recited aloud, or used in role playing. BUY THE BOOK

FROM THE BOOK: 5 WAYS TO HANDLE CUSTOMER OBJECTIONS

1. There’s more than one right way. Different personalities call for different approaches to an objection. A single answer may suit one client, while turning another off. That’s why the authors offer multiple approaches to every potential objection listed in “Now What Do I Say?”

For example, you might respond to a client who complains that they have not received an offer on their home with the following remark (if the client does well with direct answers): “Exactly! This means they think it’s so overpriced they won’t even waste their time with an offer. So, do you want buyers to make offers, or move on?”

Or, you could use an approach that is suggestive, but solicits more client input: “You’re right! Now, imagine you were at an auction house and the whole audience was silent. No one was bidding on the item for sale at all. The auctioneer would either have to lower the price on the item, or risk not selling it. Which do you want to do?”

2. Practice makes perfect. Take the time to practice objection handlers aloud. Read from the dialogue in the book to yourself or role-play with co-workers. Practice helps boost confidence and alleviates nerves. Since objections are a natural part of the job, practicing how to handle them only makes sense. Continue reading »

Here are the top selling books in real estate from Amazon.com:

1. The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History, By Harry S. Dent

2. Home Buying For Dummies, 3rd edition, By Eric Tyson and Ray Brown

3. SHIFT: How Top Real Estate Agents Tackle Tough Times , By Gary Keller, Dave Jenks and Jay Papasan

4. Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss, By Ken McElroy

5. Every Landlord’s Tax Deduction Guide, By Stephen Fishman

6. The Pre-Foreclosure Property Investor’s Kit: How to Make Money Buying Distressed Real Estate — Before the Public Auction, By Thomas Lucier

7. The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do about It , By Robert J. Shiller

8. The Millionaire Real Estate Agent: It’s Not About the Money…It’s About Being the Best You Can Be!, By Gary Keller, Dave Jenks, and Jay Papasan

9. Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis, By Mark Zandi

10. The Great Depression Ahead: How to Prosper in the Crash That Follows the Greatest Boom in History, (audio version) By Harry S. Dent



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By Erica Christoffer

How are you on the telephone? Real estate professionals use the telephone practically every day to reach out to clients and prospects. Sales coach and author Dirk Zeller wrote a book, Telephone Sales for Dummies, on how you can improve your telephone skills (read a mini book review and get 5 tips to improve your phone presence). The Weekly Book Scan spoke with Zeller recently to get more insights.

What motivated you to write Telephone Sales for Dummies?

ZELLER: I saw a real need for skill building in the telephone sales arena. To me, if anybody is a sales person, they have to use the phone. The phone is still one of the most important mediums of communication in this world. Especially for sales people, because in selling you have to inject emotion, you have to inject energy, you have to inject enthusiasm, you have to inject assertiveness, confidence and conviction. That’s pretty hard to do in an e-mail. E-mail is a communication method that functionally doesn’t translate into selling very well. You’re basically using words on a page that communicate at 7 percent efficiency.

A number of studies have been done on what communication is and how communication is broken down. Seven percent of communication is the words, 38 percent of communication is the tonality, 55 percent is body language. You don’t have tonality or body language engaged in words on a printed page.

But do you think electronic communication – e-mail, text messaging, etc. – has overtaken the telephone in many workplaces?

ZELLER: I think it’s a more universally used method of communication – e-mail and text, but it is not as effective in selling.

What would you say are three bad habits real estate agents do while prospecting on the telephone?

ZELLER: I think the biggest mistake real estate agents make in terms of calling a prospect or a Continue reading »

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