You’re no doubt familiar with the concept of an elevator speech; you’ve probably been told you should write one for this or that idea, or to snag such-and-such a client. But did you know that Ronald Reagan, the U.S. president nicknamed “The Great Communicator,” used a similar technique for connecting with his many audiences?

Photo: Matt Ward, www.iseethelight.com

This factoid is just one way in which Terri L. Sjodin touts the unsung importance of the elevator speech in her new book, Small Message, Big Impact: The Elevator Speech Effect. She marries the succinct communication tool with the butterfly effect, a scientific-turned-cultural meme that insists one seemingly-insignificant action can have outsized effects.

Sjodin posits that the elevator speech has changed significantly since it was first “invented” (likening the difference to that between Pong and Wii). She also insists that the tool is suited to all kinds of professionals (not just in sales situations) and demonstrates examples of how it can be employed outside the elevator to great success.

But really, the book itself and the messages in it are not exactly revolutionary. But that’s OK; Sjodin doesn’t need to convince us that quick, well-thought-out speeches are potentially game changing and worth having in one’s rhetorical back pocket (especially in this era of shortening attention spans). She just needs to show us how to do it.

This is where she excels. You can tell right away that Sjodin is the consummate coach. Once you dive into the chapters on creating your elevator speech(es), it feels like Sjodin is your own personal communications trainer. Readers won’t find it difficult to believe she wants them to succeed.

That doesn’t mean your intentions will be realized at the end of your three minutes. Sjodin both acknowledges the long preparation hours required to perfect effective communication packages and notes that the speech really functions as a step toward your ultimate goal. That first speech, if executed properly, should get you more time with the object of your pitch, or a step up the decision-making ladder. “Just advance the ball. Don’t go for the touchdown,” Sjodin says. Continue reading »

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 »

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Real estate is experiencing an evolution where traditional marketing may no longer be effective. REALTOR® and first-time author Michael J. Maher sums up an emerging entrepreneurial philosophy as a move from the “ego era” to the “generosity generation.” Maher lays out this business and life strategy in (7L) The Seven Levels of Communication (AuthorHouse, 2010), a narrative-style novel telling the story of Rick Masters, a fictional salesperson who learns the transforming lessons of selflessness.

Maher spoke with the Weekly Book Scan to talk about 7L, the generosity generation, and the power of word-of-mouth.

Your book starts out with a very intense moment – your own cardiac arrest. How did that event motivate you to write this book?

Maher: Well there’s “motivation,” and then there’s “MOTIVATION” in all caps, bold letters, underlined and italics. There’s never a moment where you really see or think about your legacy more than when your mortality is in front of you.

My father passed away from cancer in 1992. I had the opportunity to hang out with him during the final three years of his life. I learned more in those three years than I had in the previous 19. He was the father of five, and also a coach and a teacher, so he was busy all of the time when I was younger. But at the end of those last three years, he said his one regret was that he had not written his memoirs. They would’ve been very powerful memoirs because he was a very influential and highly respected man in our community.  I can just imagine reading those memoirs to my son Max. That thought crossed my mind as they were wheeling me to the surgery room to put in a temporary pace maker — that night in ICU I started writing. I just thought, I’ve got this information in my head, I’ve got this system that is producing business for me, and I need to share it.

Can you describe the main character, Rick Masters? Continue reading »

From bouncing back from rejection to finding inspiration, Harvey Mackay, author of The Mackay MBA of Selling in the Real World, talks about becoming the best salesperson you can be. Learn how to hone your strengths and amp up your drive — while staying genuine and true — to provide the best customer service possible to your real estate clients.

What makes a good salesperson?

Mackay: There are many traits, but if I had to name only three that make a great sales representative, they would be: hungry fighter, hungry fighter and hungry fighter. That’s how much I think of this trait. Every good salesperson I’ve ever encountered is driven. They have a strong work ethic and a high energy level. They work harder and longer than their peers. When the economy is poor, they are still out there pounding the pavement, making calls.

The stereotype of a good salesman is a smooth talker. Is this true?

Mackay: Believe it or not, being a good listener is more important in sales than being a good talker.

You can’t learn anything with your mouth open. For too many people, good listening means, “I talk, you listen.” Listening is a two-way process. Yes, you need to be heard. You also need to hear the other person’s ideas, questions and objections. If you talk at people instead of with them, they’re not buying in—they’re caving in.

What job taught you the most lessons?

Mackay: The job that taught me a lot was the paper route that my father, who headed the Associated Press Bureau in St. Paul, Minnesota, encouraged me to sign up for at age 10. I learned about hard work, promptness, focus, persistence, customer service, and accountability. Now, after 40-plus years of working with another kind of paper, I can honestly say that the job that launched my career was pivotal. Everyone has to start somewhere. You never forget your first job. Continue reading »

convosforchangeWhether you’re trying to motivate a team, negotiate a contract, or make a sale, the conversations you have will either help you succeed or undermine your goals.  Communication expert and leadership coach Shawn Kent Hayashi has spent more than 20 years studying how the things people say impact their business and professional lives. In her new book, Conversations for Change: 12 Ways to Say It Right When It Matters Most, she not only identifies the 12 most important types of conversations people have, but shows readers how to reach their maximum potential by using conversations effectively.

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Foundations for Every Conversation:

In order to communicate well, you must first master three fundamentals, says Hayashi.

1.) Building emotional intelligence. “When you are aware of what you are feeling, you can begin to speak about it in a way that builds rapport,” explains Hayashi. Emotional intelligence is not only for understanding yourself, but for recognizing your emotional wake — the affect your words have on people. For example, at the end of a meeting, are team members angry because they think they haven’t been heard, or do they feel excited about what they’re doing?

2.) Understanding workplace motivators. Figuring out what motivates you, and what motivates others, will help you build connections. Whether you’re trying to land a sale or gain permissions for a flextime arrangement, recognizing what drives those you’re seeking to convince will increase your chance for success. Hayashi discusses the six basic motivators, or values, that show up in the workplace, and how to identify them in yourself and your colleagues. Continue reading »

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just_listen_goulstonThe following is an excerpt from Chapter 22 of the book “JUST LISTEN: Discover the Secret to Getting Through to Absolutely Anyone” (Amacom, 2009) by Mark Goulston. The book outlines the effectiveness of various communication techniques and the science behind how the brain switches from “no” to “yes.”
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Take It All the Way to “No”

Benefit: Move a person rapidly through every phase of the Persuasion Cycle from resistance to “doing,” by creating agreement where none exists.

Life is a series of sales situations, and the answer is “no” if you don’t ask.

—PATRICIA FRIPP, EXECUTIVE SPEECH COACH

Walter Dunn was one of the top people at Coca-Cola for four decades. Dunn was responsible for getting Coke many major accounts, including Disney and several professional sports organizations.

Walter told me how years ago he tried to get Coke into one of the main movie theater chains. After speaking with the theater representative for a while, he got this response: “Sorry, Walter, the answer is ‘No.’ We’ve decided to go with Pepsi.”

Without missing a beat, Walter replied: “What question did I fail to ask, or what problem did I fail to address, that—if I had— would have caused you to give me a different answer?” Continue reading »

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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 »

By Melissa Dittmann Tracey

Michael Gurian

If you haven’t already, be sure to check out our book review on Leadership and the Sexes. The Weekly Book Scan talked with the book’s author and gender expert Michael Gurian to gain more insights into how the sexes communicate differently.

Do your findings on gender differences among leaders in the workplace apply to other relationships too—such as real estate professionals’ relationships with their customers?

GURIAN: This book is for any male and female interaction at any level. When we looked at the companies that provided quantitative data to us for the book, they were using it at all different levels. It’s not just training CEOs, but they are training everybody to understand the gender differences. There is an immersion in the culture that transfers to a real estate office or even just a single practitioner to get training in it. These are hard-wired gender differences, and understanding men and women better and getting the tools to improve your communication will make you more effective.

Is there a risk that these findings on gender differences can be used as stereotypes in the workplace?

GURIAN: There really needs to be some immersion in it. If the company or individual, does not immerse themselves in understanding it then they will be prone to stereotype. There’s so much popular information out there and you can scan an article and in two minutes and believe you understand men and women. That leads to stereotypes. Continue reading »

By Melissa Dittmann Tracey

QUICK SKIM
Do you have a female client who’s exceptionally chatty? Or a male client who zones out sometimes? It might be their gender that’s to blame. Men and women have different communication styles that often clash in the business world, according to Michael Gurian and Barbara Annis, authors of Leadership and the Sexes (Jossey-Bass, 2008). The authors set out to move beyond gender stereotypes and point to brain imaging studies that can offer you insight into how you can better communicate, lead, and negotiate with people of the opposite sex, so that gender communication blunders never cost you a deal. BUY THE BOOK

FROM THE BOOK: 5 WAYS MEN AND WOMEN COMMUNICATE DIFFERENTLY

At times, men and women may seem like they really are communicating from two different planets. Why is that? Blood flows differently to varying parts of the brain in males and females, making each gender better at processing certain types of information. The book outlines several of these differences and offers tips to account for these differences and deter misunderstandings.

Here are five differences presented in the book.

1. Women’s brains are always “on.” Females might appreciate this: “There is more neural activity in the female brain at any given time than in the male brain, as evidenced by 15 to 20 percent more blood flow, with more brain centers ‘lit up’ in a scan of a female brain than in one of a male brain,” according to the book. The female brain tends to be more constantly active, while the male brain is prone to “zoning out” or “blanking out” during conversations. To avoid a zone out, men might unconsciously start an activity, such as tapping their pencils, gazing out the window, or swiveling in a chair. Continue reading »

By Melissa Dittmann Tracey

Curt Fletcher, author of How to Sell More Homes and Increase Your Income (AuthorHouse, 2007), responds to your questions about generating more business.

What should you do if you’ve been working with clients for a few months and every time it gets close to a final sale, they have an excuse? Do you have any advice for preventing clients from stringing you along and not making a move?

FLETCHER: This is a very good question and also a common occurrence. The first thing you should do is ask them for a commitment or closing question. When you receive the excuse or objection, determine if the objection is a real issue or simply a request for more information.

To do this, I would use a simple questioning technique like this:

  • Cushion the objection.
  • Clarify the objection (This is a must before responding).
  • Question (Make sure you know the proper objection).
  • Respond.
  • Confirm (Confirm that your solution works … do not assume it does).

Continue reading »

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