You have the best of intentions of choosing thoughtful, practical gifts. So why do all your clients get the same cheesy keyring with your contact information printed on it? In this world of overconsumption, who wants to clutter up their brand new house with useless tchotchkes?

book gift wrapped as house

This book was gift-wrapped by artist Zakka Inspired to look like a house.

And, in a world increasingly dominated by Kindles and iPads, there’s some downright homey about a real book on a shelf.

The first items I pack when moving are my books. In fact, before I’m even sure I’m going to move, I first try to purge and donate as many books as I can, knowing I’m going to have to pack the rest. And they certainly aren’t the first things to be unpacked when I’m setting up in a new space. What does that give me? A long timespan living with empty bookcases. What could be more satisfying than sliding a new book that reflects my ambitions for my new home onto those empty shelves?

Consider the books on this list—paired with some hard-to-shop-for personality types—as a jumping-off point for finding the perfect literary closing gift for your clients.

And when you find the perfect book, be sure to leave a handwritten note congratulating the new homeowners (including your phone number or e-mail address) on the front flyleaf. Then, when they start looking through their bookcases for donations before their next move, they’ll remember your thoughtfulness, and know just how to reach you.

Perfect for artists wondering how to decorate their new, empty loft space:

The Art of Living (Random House, 2009, $65)
Accompanied by stunning photography from Barbel Miebach, Claudia Steinberg writes about how famous artists decorate their homes. Continue reading »

Tagged with:
 

Imagine this: You’re wrapping up a listing presentation and your would-be seller says she has a few concerns. You sit down to hear her out, but somehow at the end of the conversation, you still don’t understand what the big problem is. You try to reassure her but she says, “You’re just not listening to me.” And that is the precise moment where the listing presentation comes to a screeching halt.

Driving back to the office, you start thinking back on the conversation, trying to figure out what happened. It’s reassuring to tell yourself that she’s just one of those indecisive sellers with a communication problem. But in the end, you have to admit you really weren’t listening.

Listen carefully...

Credit: Justin Lynham, 2011

Instead, were you:

  1. …stepping on the ends of her sentences with assurances that you’re so great that you can handle any challenge that her situation might present, without really hearing what the challenge might be?
  2. …just trying to capture the factual information and data, while avoiding an emotional or subjective topic that the seller wanted to address?
  3. …listening only for the problems you were confident you could easily solve, while ignoring other important issues and opportunities?
  4. …too busy agreeing or disagreeing with the seller to listen objectively?
  5. …so focused on your next listing appointment to that you couldn’t see the opportunity in front of you?

Jump down to the bottom to find out what your choice says about you.

These common listening styles are identified in Robert L. Finder, Jr.’s forthcoming book, The Financial Professional’s Guide to Communication: How to Strengthen Client Relationships and Build New Ones (FT Press, 2013). While such tendencies can lead to some really frustrating conversations, recognizing them can be the first step to better communication. Continue reading »

Tagged with:
 

Cramming for the Conference

On September 12, 2012, in Book Reviews, by Meg White

There’s a lot of information packed into the REALTORS® Conference & Expo preview in the September/October issue of REALTOR® Magazine. The whole issue is organized around education, and while most real estate professionals can’t help but learn something new every day, that daily learning experience pushes into high gear at NAR’s annual conference.

But, since the latest issue isn’t in your hands yet, I thought I might share a special sneak preview from one of the featured conference presenters. Mark Leader is a contributing author for the new book Concrete Jungle: Survival Secrets for the Real World, and will be explaining the creation and maintenance of social capital in Orlando this November. The entirety of chapter four of the book is an interview with Leader titled, “Social Capital: How to Build and Maintain Professional Relationships.”

Of course, there are a lot of people talking about relationship building in one’s neighborhood, both on the block and online. What Leader adds to the conversation is explaining how it works and why:

It’s as if you walked into a room where everyone was shallow and self-serving, rather than trying to fit in, you could be the one person everyone remembers as genuine and comfortable to be around.

The best thing about the interview setting of this chapter is that it gives an idea of how Leader embodies the advice he’s giving. Sure, it’s easy to say that the hard sell doesn’t work in social media, but what are the concrete steps a salesperson can follow to truly build social capital? Leader offers these ten principles:

  1. Put relationships ahead of financial gain
  2. Have a burning desire to be of service
  3. Accept no favors from anyone without providing favors in return
  4. Pick your battles: Never enter into disagreements with clients about trivial matters
  5. Never flatter a customer for the purpose of gaining something
  6. Never compliment friends and associates unless it’s genuine
  7. Never give it away for free
  8. Live out your social ideals every day
  9. Constantly focus on speaking optimism and joy…
  10. …and your enthusiasm will become contagious.

Why should you consider checking him out at the conference? Well, in this chapter, Leader offers this pretty compelling “guarantee” to readers:

You can send me into any marketplace in California, Florida, Ontario, British Columbia, or you could send me into Southfield, Michigan, and I guarantee you I will have the salespeople do more business than the average REALTOR® would do during the best of times.

But for myself, and perhaps my fellow book scanners, Leader’s concentration on lifelong learning might be the best indication of what may just end up being an unmissable conference moment:

I try to read a new book on a regular basis and I pay attention to what others who have been down this road before me have to say.

This confirms my long-held suspicion that leaders read. So, follow Mark Leader’s lead and start loading your Kindle and picking up good reads for the road. The REALTORS® Conference & Expo will be here before you know it.

Continue reading »

Finally, real estate brokers get their own E-Myth.

No, I’m not talking about some sort of internet rumor or online fairy tale. I mean that business writer Michael Gerber has made real estate brokerages the eighth stop on his planned 310-industry tour to “transform the state of small business.”

Gerber has a potent idea to sell. The “E” refers to entrepreneur; his first book was aimed at small business owners. He then branched out to offer advice to industries that tend to operate like small businesses. As one might imagine with such a commoditized approach, Gerber tends to paint with something of a broad brush in promotional materials. For example, in describing his E-Myth books here, he repeats seven out of the eight times that the industries highlighted in his books are each “a juggling act.”

It’s clear he needs a little help from his friends. Thankfully, he knows that. Each of his books features writing from an established industry leader. And thankfully for brokers, he chose Rich Rector to co-author The E-Myth Real Estate Brokerage: Why Most Real Estate Brokerage Firms Don’t Work and What to Do About It (Prodigy Business Books, 2012).

Rector has served as chairman, president and CEO of Realty Executives International since 1984. After purchasing Realty Executives Phoenix from his father in 1980, Rector led an aggressive international franchise expansion, growing the company to 800 franchises in 10 countries.

Rector composes every other chapter in the book, giving a real-life, down-to-earth feeling to what might have otherwise been a dry business tome. For example, Gerber’s chapter titled, “On the Subject of Pricing” is followed by Rector’s much more vernacular “What to Charge?” chapter. The every-other chapter concept gives the work a more conversational tone, as if you’re sitting down to coffee with these two entrepreneurial heavyweights. Continue reading »

Looking for something?

Use the form below to search the site:

Still not finding what you're looking for? Drop a comment on a post or contact us so we can
take care of it!

Visit our friends!

A few highly recommended friends...