Monthly Archives: April 2016
Yes…That’s right… If you have a great coach and you are coach-able, then you WILL have more success and make substantially more money! If you have a bad coach, or no coach at all, then you are likely missing out on a lot of opportunities, wasting time, and as a result, making less money than you could be. So in essence, not having a good coach is costing you money!
So this post is intended to get you to consider either getting a great coach or simply evaluating your current coach to determine if it’s time for a change. If you have a great coach already, then you’ve already realized that he/she is worth their weight in gold bars. If you don’t have a good coach yet, then you may not realize what you’re missing out on. And you’ve got to ask yourself the question “Why don’t I have a coach?” If your response is “I can’t afford one”, then that is exactly why you need one even more. But how do you afford one if you can’t spare money to hire one yet? It’s the whole cart before the horse story again. Here’s the simple answer… YOUR MANAGER SHOULD BE QUALIFIED AND CAPABLE OF BEING YOUR COACH as part of your current financial arrangement with your company! IF you just thought “NO WAY, is that guy coaching me!”, then you likely have the wrong manager. Sorry to be so harsh and direct, but there’s little any successful agent needs a manager for other than to help them incrementally and steadily grow their business. But how? Well many managers believe that it’s all about “accountability” so they meet every week to go over what you did and what you’re going to do. The problem with this as I see it, after many years in leadership and actually being coached myself by one of the best coaches in the industry for 5 years, is that MOST people are already very RESPONSIBLE and accountability is a very very small part of the coaching process. As an accomplished coach myself, I ONLY choose to coach RESPONSIBLE and MOTIVATED people. These folks don’t need much ACCOUNTABILITY… They simply need solid business building strategies, direction, collaboration, and focus. A great coach will bring new ideas, efficiency building strategies, and laser focus to doing the right things that will supercharge your business.
Here’s a simple list of what you WILL get with a great coach:
- Establish and take action towards achieving goals.
- Become more self-reliant and self confident.
- Gain more job and life satisfaction – SUCCESS
- Become more “responsible” for your success rather than “accountable” to it.
- Work more easily and productively with team.
- Communicate and present more effectively.
- Master the value presentation and objection handling.
- Become more strategic in your thinking, actions, and execution of your duties.
The next question is often “So HOW do I pick a coach?”. It’s pretty simple believe it or not. 1. Ask for a resume’ of accomplishments in the Real Estate industry and review that resume’ as though you were going to pay this person hundreds of thousands of dollars. Based on their resume’, do you feel they’re worth it? 2. Testimonials! What do the agents who are currently in coaching with them say? 3. Can the coach share a long list of verifiable, RECENT success stories? 4. If they are your manager, then other than being your manager, what is their most recent career success? These questions will help you solidly determine IF you should choose them to be your coach as well as the likelihood of success with them.
As a manager/coach myself, I am very proud of the incredible accomplishments of so many of the agents I’ve coached and truly enjoy helping Realtors grow their businesses. I’ve witnessed more breakthroughs than I can count and my resume’ speaks for itself. If you are looking for a coach or just would like more information on how a single 1 hour meeting could completely improve the direction of your business as well as provide you with tremendous clarity and direction and a go forward growth plan, then feel free to send me a private email at email@example.com or call/text (714) 782-2723.
So finally, here’s why I wrote this post! I received this incredibly flattering email from one of my top agents this week and it reaffirmed why I LOVE coaching and the reason I believe in it so much!
I can’t thank you enough for all your support. Some agents think they work for the best company and have the best manager, but they don’t. It’s simple, you have clearly taught me that our tools outweigh the competitors. I know for a fact, because with your help I landed 3 listings in 2 weeks. When I called freaking out because I knew I was up against 4 other agents, you assured me that we have the best marketing. After 2 hours of your coaching, I left feeling confident I could do it. You are always there for my call, whether big or small. I am not only part of great company, but have the BEST manager ever. There is no one that can compare. I am grateful to be a part of your team.
Serving Southern California
Cell 714 335.8285
Fax 714 921.9432
Ever since I received my Real Estate license in 1992 and started going on listing appointments, I’ve found three main types of home sellers and it’s not changed since then. 1. “I want the most money for my home and I don’t HAVE to sell.” 2. “I want the cheapest commission deal.” 3. “I don’t care about anything, I’m in trouble, get me out of here fast!” What’s great about this industry is that there is always a real estate agent who will meet the needs of each. What I’ve found though is that 1 & 2 are often very similar in their objectives and simply want to net the most money from the sale of their home that they can. They don’t want to leave any money on the table. In the case of “2” they see little value in what a Realtor can provide and they simply want to get into the MLS for the lowest possible cost and hope that the low commission will make up for any possible, but still unidentified, drawbacks of hiring the cheapest agent. And in very many cases, they never even considered the possible risks involved in hiring the cheapest Realtor. In my opinion… This is OUR fault as full service brokers/agents if we do not share with them in detail the benefits of listing with an agent/company with a well articulated and executed marketing and negotiating strategy. Now this is where YOU must know and be able to convey your UNIQUE VALUE PROPOSITIONS and how they will help you accomplish substantially better results in terms of terms, sales price, time, and even security.
What I’ve found over the years as both a top producing listing agent and then in my leadership roles in large firms, is that a large portion of agents have/use no formal structured presentation and rather rely on their strength of personality, personal success and reputation, and sometimes luck, to win listings. While this works for many good agents most of the time, its the times when the seller prospect is interviewing multiple agents where the very expensive risk of losing the listing to a competitor who knows their UVP’s and how to articulate the potential financial benefits to them is a factor.
This brings me to the point I hope I can get across in this post… Regardless of how good you are, or how great of a natural sales person you are, you MUST have and know how to clearly show your seller prospect WHAT the benefits of working with you are, HOW you can solve their problem (get them top dollar), and WHY they should choose you over a competitor!
Now, if you are with Coldwell Banker Residential Brokerage, then you have the single most powerful list of UVP’s available in our industry today! With a simple and indisputable belief that EXPOSURE CREATES DEMAND, AND DEMAND CREATES PRICE, you need to SHOW the seller prospect how you can expose, market, advertise, present, and negotiate better than anyone else they may be considering. Here’s just a few that are helping our agents WIN daily on listing appointments:
- The VIEW Magazine – Single largest print and online real estate publication in Southern California with over 1.2 million distributed each month to subscribers of local newspapers!
- The VIEW Magazine CHINA- Printed, published and distributed within the Wall Street Journal in Beijing and Shanghai!
- Truly Global Reach – 710 Offices outside of the United States! 273 Offices in China!
- Largest in Relocation!
- #1 in Southern California! #1 in the United States for closed volume! #1 on Social Media! #1 brand online! (Neilsen Ratings) #1 on YouTube! Proof that our strategies work in delivering exposure for our listings!
- #1 in Southern California in the $1,000,000+ price ranges!
- 40+ million visitors from around the globe to ColdwellBanker.com and millions more to ColdwellBankerHomes.com.
- PreviewsAdvantage.com showcasing our luxury advantages!
If you’re not with Coldwell Banker, then you probably should look into it, but either way, be sure to KNOW yours and your company’s UVP’s and be able to showcase how these will directly benefit your sellers if they list with you. Don’t wait until you lose a listing to learn them!
As always, I’m happy to help and share ideas and strategies to grow your business and deliver exceptional service and results to your customers, so thanks for subscribing and have a great year winning!
It’s official! Construction beginning Sept 2016. The city of Yorba Linda, the building owners, and our corporate headquarters in New Jersey have formally approved our 3rd floor addition to our North Orange County Yorba Linda regional office! This addition will add 5000SF to our already 10,000SF office taking us to a magnificent 15,000 total square feet! Our plans are to add an 1100SF gym, a full service mini fully staffed gourmet cafeteria, as well as 12 more large private offices and 20 more workstations. We intend and are awaiting approval for Mon-Fri valet parking service for our associates and clients! More info to follow!
For more incredible details and info click here!