Using The Internet In Your Lease Purchase BusinessWritten by Sue and Chuck DeFiore
First you need to find a list of For Sale By Owner Sites. You do this by going to one of major search engines. Our two favorites are Yahoo and Google, but any one of them will do. Enter For Sale By Owner (FSBO) as your search words. After you search for FSBOs you will get a bunch of sites to go visit. Visit them, check them out, see how they work, and ones you like put in a favorites folder entitled FSBOs. Now that you have a list of FSBO sites you need to get telephone numbers of sellers who have homes you would like to lease purchase in your state. For those of you lucky enough to border another state you can enter a search for that state next. Remember to set up your yellow legal pad with columns for telephone number, type of property (single family, condo, townhouse), price and notes section. Remember you also need to set up your database with same information. However, you are going to want your database to have two additional fields for date your called, and action to take. Go through FSBOs sites you have collected and take down appropriate information. Get your telephone script handy and start calling. After you are through with your telephone calls, enter information in your database. We use Access, but any database will do. In action to take field I make a note of whether I need to send a letter, email, newsletter, and/or to tickle to call again. Next, however, you want to have a mail merge program. For example, we use Group Mail for all on-line correspondence. Group Mail allows me to take my Access files and import them into Group Mail. It also affords me ability to make my emails very personable by using individuals name in my letter, date I called on property, and depending on email when I will follow up. In addition program also allows me to put specific groups (prospects, consults, tenant buyers) into separate groups. I can have a very large Access database that Group Mail (it will import most major databases) will sort out for me, and give me just who I want to send a specific email to. For all off-line correspondence I use Microsoft Word.
| | Cultivating The Trust FactorWritten by Robert Moment
In today’s highly competitive economy, it is difficult to maintain a significant market advantage based on your professional skills alone. Developing a trusting relationship with your clients is key to your success. No matter what business you are in, most powerful value-added you can contribute in any business relationship is trust factor.The trust level in Corporate America is at an all-time low, and suspicion of all things corporate is on rise. Clients and prospects are in search of trust in their business relationships. Although people do business with other people they know and trust, building trust and credibility does not happen overnight. What is trust? Trust can be defined as a firm belief in honesty of another and absence of suspicion regarding his motives or practices. The concept of trust in business dealings is simple: Build on an individual’s confidence in you and eliminate fear as an operating principle. To cultivate trust, take risk of being open with clients and prospects. This enables them to perceive you as a real person—one with strengths and weaknesses that come into play as relationship develops. When trust is reciprocal, you will find that your confidence in others is rewarded by their support and reinforcement of what you also stand for as a business entity. Letting Go of Fear Let go of fear, which restricts your ability to relate to others. Letting go frees you of behavioral constraints that can immobilize your emotional and professional development. Fear of rejection, fear of failure, fear of success, fear of being hurt, fear of unknown—all these are roadblocks to developing and growing a trusting relationship with clients. Let go of your fear of losing an account or not having right answers. Leave all your fears at client or prospect’s doorstep. Other critical steps in cultivating trust are knowing who you are and knowing your potential value to your clients. The relationship that forms because of this can have a tremendous impact on your sales. People don’t just buy from anyone. They buy from people they can trust. The rapport and credibility you can establish with trust factor go a long way toward building a client’s confidence in your ability to meet his business needs. Trust has both an active and a passive component in a business relationship. The active feeling of trust is confidence in leadership, veracity, and reliability of other party, based on a track record of performance. The passive feeling of trust is absence of worry or suspicion. This absence is sometimes unrecognized and frequently taken for granted in our most productive relationships. Building Trust With Care So how do you build trust with clients? First, you need to care about them. Obviously your clients care about your knowledge, expertise, and accomplishments. However, they care even more about level of concern you have for them. Successful trust building hinges on four actions: engaging, listening, framing, and committing. The trust factor can be realized once we understand these components of trust and incorporate them in our daily lives.
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