Negotiating and Sales Skills Are Critical

Written by Tim Randle


When I first started getting active in creative real estate, my skill set at negotiating was very weak. I had donerepparttar telemarketing thing for American Express as a financial planner and had studied and learned a few techniques. Onrepparttar 105437 surface one might think that would be a perfect tie-in to talking to sellers about their properties and their financial situation. I can promise you it wasn't.

Yes, I did pick up asking general sales techniques like neverasking close-ended ("yes" or "no" answers) questions. Also, it still works to ask multiple choice assumptive questions like "Would Tuesday at 6 p.m. or Thursday at 3 p.m. work better for you?". The basics were not enough.

When I first began asking sellers what their loan balance was, I may have actually received a number for an answer 50% ofrepparttar 105438 time. I had two major obstacles facing me.

First, my belief system was cock-eyed in that having come from a financial/accountant type background, I knew without a shadow of a doubt that no one would ever just give me their house and that only a complete fool would tell merepparttar 105439 balance remaining on their loan.

Second, I didn't have a clue as torepparttar 105440 right way to ask and I can tell you from experience that it matters greatly.

The first obstacle, belief system, was easily overcome after I met my first truly motivated seller. Okay, beliefs systems are trashed and I must berepparttar 105441 complete fool because that was way too easy.

The second obstacle, phraseology/negotiating, is no longer an obstacle, per se, but it is still a skill that I continually try to improve upon. The two key components, assuming you have already properly established good rapport, are timing andrepparttar 105442 phrases you use.

Here are some quick examples of how NOT to ask a seller whatrepparttar 105443 loan balance is:

 What do you owe?  Are you willing to sell it for what you owe?  How much equity would you say you have?  etc., etc.

Now, don't get me wrong. If you use these phrases and similar ones enough times and with enough confidence, you will be able to get a numerical answer on occasion (as opposed to some ofrepparttar 105444 not so friendly responses I received early on).

Contrastrepparttar 105445 above phrases to these:

 How much is left onrepparttar 105446 loan?  So,repparttar 105447 property's not owned free and clear?  etc., etc.

The first set of questions personalizesrepparttar 105448 issue and attachesrepparttar 105449 debt, and thusrepparttar 105450 problem, withrepparttar 105451 seller. The second set of questions creates detachment and since it's no longer "their debt" or "their problem" or "what they owe", it's just simply a number and not a problem to share.

Since I first picked up on this one little tactic, I would estimate I get allrepparttar 105452 information I want on 99 out of 100 calls with almost no real effort. Granted, it does take time and practice to develop decent phone skills. The ability to naturally create rapport and flow withrepparttar 105453 call, yet still getrepparttar 105454 information you want will come with time. My point is that it's important to begin testing and tracking different approaches. If you do this, you will notice some very interesting results.

Selling the Job, Learn the Basics: Landscape & Garden Business

Written by Tom Lanza


Sellingrepparttar Job Learnrepparttar 105436 Basics: Landscape & Garden Business Selling & Marketing

Article by Tom Lanza

Copyright © 2003 by ProGardenBiz

In a national survey of small businesses (less than $1,000,000 sales annually) it was found thatrepparttar 105437 owner or Chief Executive Officer was a salesperson. Surveys have shown this to be true of landscape contractors and gardeners as well. The most successful landscape and garden businesses were all started by people with strong sales skills. In your own business you have probably realized that you spend a large part of your time selling. You bring in new work, upgrade old work, make new contacts and continue to expand your landscape business. If you are not, you should be.

Many people believe that they just can't sell. They say they just were not born withrepparttar 105438 talent to sell. "I'm just not a salesperson by nature, I'm a gardener. Wasn't born withrepparttar 105439 golden touch like Sam Sellitall over there. If I'd been born with his wit, charisma, and personality, I could tear'em up too. But I wasn't, so I'm never going to make it big in sales, but givenrepparttar 105440 chance I can install that landscape and irrigation job better than anybody!"

This isrepparttar 105441 Myth ofrepparttar 105442 Natural Born Sales Wonder. It is a destructive idea. It allows us to avoid taking full responsibility for our own performance. This myth will prevent many people from ever reaching their full potential. The myth can also work both ways.

A few individuals believe they're naturals. That's great for confidence, but often it isrepparttar 105443 source of overconfidence. This overconfidence persuades these people that they do not need to learnrepparttar 105444 same sales techniques as us mortals. Sadly, this means that they too will never reach their full potential.

Most of us started inrepparttar 105445 field of landscaping and gardening because of a love ofrepparttar 105446 work. Sales and marketing were not our passion. To operate a successful business, though, we need our landscaping- skills, our garden passion, and our sales and marketing drive.

Don't assume that you are entirely free ofrepparttar 105447 selling myth. Most people involved in sales that are not successful are suffering from this myth. Let's attack this dangerous idea now and get rid of it.

"Salesmen are not born, they are made." This line is attributed torepparttar 105448 same man that stated that "A sucker is born every minute." Unfortunately, he was not a successful salesperson (a successful showman, but not a salesperson) because he believed that prospects were suckers. That is a grave mistake, but he was right about salespeople. Salespeople are not born great. Imagine little Johnny one minute after birth inrepparttar 105449 delivery room signingrepparttar 105450 doctor to a long term landscape maintenance contract. Johnny has a long way to go before he is even out of diapers. If he is going to be a great landscape salesperson he has a lot to learn. Psychologists still argue whether it's instinct or learning that causes us to jump at a sudden loud noise, but they agree that everything about selling is learned.

So don't userepparttar 105451 "myth" as an excuse. Learnrepparttar 105452 craft of selling and learn it well. Professionals work onrepparttar 105453 basics of selling and marketing once every year. That's where we're going to start.

To be Great, Learnrepparttar 105454 Basics

Athletes train constantly to maintain their high degree of success. They practicerepparttar 105455 basics over and over. Successful landscape salespeople dorepparttar 105456 same thing.

Prospecting: Prospecting isrepparttar 105457 first step to selling that landscape job and is essential for every garden business. This isrepparttar 105458 sales term for finding good, prospective customers who have a need and an interest in your landscape and garden services. Notice I said "good". Don't waste your time chasing people who will never buy. This is called "qualification". I'll discuss that later. Prospecting will vary from field to field and from area to area. Inrepparttar 105459 landscape and garden profession you usually can't just start calling people onrepparttar 105460 phone, but there are ways.

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use