VIRGINIA EDITION
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SURE-FIRE WAYS to Get More Referrals
CONNECT BEYOND REAL ESTATE to Attract Future Clients KILLING CLIENTS WITH Kindness and Value
COVER STORY
TAMMY RICKMAN
VIRGINIA EDITION
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TAMMY RICKMAN
CONTENTS 4) CONNECT BEYOND REAL ESTATE TO ATTRACT FUTURE CLIENTS 13) KILLING CLIENTS WITH KINDNESS AND VALUE
18) BEWARE THE SNIOP! 22) 5 SURE-FIRE WAYS TO GET MORE REFERRALS
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CONNECT BEYOND
REAL ESTATE
to Attract Future Clients What kind of content are you sharing on your blog, website, and social media? Does most of it have something to do with buying or selling a home? While sharing the latest market information or tips on how to qualify for a mortgage, or when someone should buy or sell is important and demonstrates your value as a REALTOR®, it shouldn’t be the only subject you cover. If you only focus on real estate, you’ll be missing the chance to connect with future clients that might not be ready to move just yet. By sharing a lot 4
of industry-heavy content, you are only going to appeal to those who are currently in the market rather than a broad base of potential clients. To pull in those other future clients you want to provide fresh, interesting content that will appeal to those possible future clients that aren’t quite ready to move yet. However, you also want to still tie this content back into your business goals. So, how do you share content that will speak to a wider audience, but also still be relevant to your business?
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Talk About Your Philanthropic Activities
The philanthropic work you do to support your community says a great deal about who you are as a person. Many people will be attracted to working with you because of the charitable works you are involved with. While you may be hesitant to share these efforts because you feel it may come across as bragging, you also need to remember that sharing information about the charitable organizations you support will actually help those organizations. Many of them have small marketing budgets, so any free exposure you can give them helps to promote their cause. In fact, they want and need you to promote them. And you can promote them without coming across as a braggart. Focus your content entirely on the organization. Talk about why you support them, how they help the community, and how others can also get involved. This turns what could have been bragging into something that benefits everyone. n
Your Local Community
We humans are connected to each other through our community – our local sports teams, parks, churches, schools, and much more. What better way is there to connect with people in your community than to talk about your community? Demonstrate that you are an expert on your community, and bring that community to your followers. Share information about a local event; perhaps even share the actual event through live-stream video. Interview city officials to get the low-down on the latest development project. Share information with your followers about things they didn’t know about their community. Consult with local historians or the historical society to share interesting information about your community that your followers will want to read. You could even turn it into a series of podcasts or videos. n
Use Your Creativity to Connect
Find creative ways to engage your followers on the topic of real estate. Try engaging your followers in an interactive project such as posting photos of interesting front doors. Doors are the entry point into our homes as well as our private lives. The way we adorn our front door can give someone a sense of our style and personality. Ask followers to submit photos and choose one to post each Friday. Make sure to watermark each photo with your logo at the bottom and include an inspirational quote that ties back to the importance of home. You could also ask your followers to provide a little story or caption to go along with the photo that tells something about them and their home. These kinds of projects are interesting and unique, and clearly connect back to your business. n
Share Your Hobbies
Are you an adrenalin junkie who has bungee jumped from some of the tallest bridges in the world? Are you a foodie that grows your own organic vegetables and fruit? Do you have a Top Agent Magazine
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secret passion for photography? Everyone has hobbies that they enjoy outside of work. When you look past the surface people become quite interesting. People also happen to find interesting people interesting, and tend to remember people based on their distinctive traits. We humans love discovering a person’s behind the scenes story, the mind behind the face. While you don’t want to talk too much about yourself, sharing pieces of your personal life and things that interest you can be a great way to connect with followers. By sharing interesting facts about your life, you will find that many followers will feel a strong, personal connection to you based on your hobbies and personal interests. n
Divulge Interesting Experiences
This is somewhat similar to the idea of sharing your hobbies. Sharing some of your more interesting personal experiences such as a fateful conversation with a stranger or an exciting adventure you had while in another country can be a great way to connect with followers as long as it also relates to some kind of life or business lesson. Talk about experiences you’ve had with clients or purchasing your own home. Experiences that relate to your business are great ways to connect with future clients in a manner that goes beyond the world of business. n
What and Who Inspires You
No matter what you’ve chosen to spend your life doing, you didn’t get there alone. You may have had a mentor that made a special impact on your life or someone already in the business that you looked up to and who perhaps inspired you to get into real estate. You may have found inspiration through a love of architecture or design. People want to know why others do the things they do. Sharing who or what influences you in your personal and business life is a great way to connect with followers. Recognizing that you didn’t get to where you are now by yourself shows humility, and talking about those people that had an influence on you shows others that you stay connected to the world and people around you. Connecting with potential clients is something that is essential to any REALTOR’S® business. If you’re doing the work to create interesting blog posts and make those connections, you want to make sure that you’re sharing the right kind of content to draw in those future clients. It takes a lot more than simply providing the latest market news. To get the most out of what you share, you need to provide a wide array of interesting content 6
that will draw in a broad range of followers. Providing the right kind of content can make all the difference when it comes to connecting with future clients and building the right kind of relationship with them right from the start. Connecting through your website or social media and sharing more than just real estate advice will help you build confidence and trust with future clients before you even meet them.
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TAMMY RICKMAN Top Agent Magazine
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Tammy Rickman has earned multiple awards and designations for her exemplary performance, placing her in the top 5% of agents in the Roanoke region.
While many agents find their path to real estate later on in life, Tammy Rickman knew from the very beginning that this industry was the one for her. When she was just fifteen, Tammy cut her teeth as an assistant to her mother’s best friend, a popular agent at the time, learning the ropes in an insider’s capacity. Then, as soon as she turned eighteen, Tammy decided to become licensed in her own right and officially began her tenure in an industry she still cites as her passion. Today, blending her amenable people skills with an expert’s eye, Tammy has crafted a twenty-five-year 8Copyright Top Agent Magazine
career. Likewise, she has earned multiple awards and designations, including a nomination from Roanoker magazine as a Top 100 Agent, and consecutive annual awards for her exemplary performance, altogether placing her in the top 5% of agents in the Roanoke region. Though she primarily serves areas within an hour’s radius of greater Roanoke, Tammy is not limited by geography, instead following wherever a client’s needs may be. With the majority of her business driven by repeat and referral clients, the caliber of Tammy’s work speaks for itself. As a lifelong resident of the area, Tammy possesses nearly unparalleled knowledge of the local inventory and market, exceptional insight that inspires confidence in Top Agent Magazine
the clients she works with. What’s more, her approach to the agent-client relationship is based on mutual respect, patience, and going above and beyond no matter how minor the detail. “I love helping my clients find their dream home,” Tammy recounts. “Sharing their excitement when we find the right place is so rewarding.” By Tammy’s high standards, accessibility is paramount to the work she does. By communicating forthrightly with cliTop Agent Magazine
ents, and ensuring that they stay in the loop throughout the transactional process, Tammy is able to ease stress from the process and ensure her clients feel empowered by her guidance. As for her marketing efforts, Tammy enlists the power of digital media to ensure maximum exposure for each of the properties that she is responsible for. Not only does she make use of popular Copyright Top Agent Magazine9
“I love helping my clients find their dream home. Sharing their excitement when we find the right place is so rewarding.” digital listing platforms, she also incorporates professional photography, staging, and aerial and drone footage to ensure that each property makes the ideal first impression, whether in person or online. To keep in touch with clients past and potential, Tammy once again makes a personalized Copyright Top Agent Magazine Copyright 10
effort—from mailing out holiday cards or visiting with clients face-to-face at her well situated office location, to staying connected through social media’s vast reach. A master cultivator of her network, Tammy’s longstanding relationships are founded on the straightforward notion that Top Agent Magazine
at the heart of every transaction lies a personal connection. Considering her decades in the industry, Tammy has learned precisely what it takes to not only execute a deal, but to also genuinely advocate on a client’s behalf, no matter what their homeownership goals may be. Considering the future, Tammy fosters aspirations to grow her business further, with plans to one day earn her broker’s license and create her own imprint. In her coveted free hours, she enjoys traveling and spending quality time with her loved Top Agent Magazine
ones. Additionally, Tammy pitches in when she can at her husband Jody’s successful home renovation business. Today, with roughly twenty-five years in the real estate industry under her belt—having weathered ever-changing markets and developments along the way—Tammy’s fruitful career is evidence of her untiring work ethic, commitment to her clients’ successes, and her passion for her daily work. With those attributes in mind and ambitious future goals firmly in place, the years to come are sure to remain both busy and bright for Tammy Rickman. Copyright Top Agent Magazine 11
To learn more about TAMMY RICKMAN, visit TammySellsRoanoke.com, e-mail trickman156@cox.net, or call (540) 793-4141 www.
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Killing Clients with Kindness and Value By Walter Sanford
Sometimes, we need to “kill” our clients with kindness and offer value. I know it goes against everything in our nature to turn the other cheek when they are being mean. Recently, a coaching client had some challenges with a particular client, and I’m sure you have also worked with the kind of client who discourages you so much that you just want to hit the delete button! How about offering a response that increases your fame and makes the client always wonder what they may be missing? They might not list with you, but they will never forget you. Included in the balance of this article are the email from the client, the request for help from my coaching client, and then my suggested response. Email from the Potential Client: Sorry, I have been really busy. Let me tell you where I’m at with everything. You may or may not be interested. I am definitely putting the house on the market. The house has been rented for the last 5 years with the same family. They originally signed a rent to own lease. Three years ago, they decided they didn’t want to buy it. Top Agent Magazine
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Anyway, I recently informed them that I’m going to put the house on the market. Now, they are reconsidering buying the house. I don’t think they will buy the house, but I guess you never know. If they do buy the house, it would be for sale by owner. I will not let them drag their feet. We happen to know a lot of REALTORS® in (area). Some are pretty good friends and with that comes opportunities at rates way under the norm. One of them did sell our last house quickly but circumstances have changed. I know you are a very good REALTOR®, because I have heard other REALTORS® talk about you. You may not be interested at this point anymore. If you are still interested, let me know what your best rate is. Let me know if you are okay with the current tenants on a “for sale by owner” agreement, if that happens. I would want a short-term agreement. The current rent is higher than my mortgage payment so I’m okay if they don’t buy and I’m not forced to sell at a low price. However, I want to sell ASAP. I’m wanting to purchase another property so I’m not going to overprice the house and I will negotiate. Email from Coaching Client to Me: Walter, this guy is a college basketball coach. I want to help him, but I need to have a chance to run a successful business, too! How do I answer this? Email from Me to Coaching Client (to share with potential client): Thank you so much for the nice words. It is very exciting to hear that our hard work is creating some buzz. I think we can accommodate you and exceed your expectations: 14
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1. We believe that we exceed client expectations more often than most agents, because we spend the time to understand what the client needs. Then we develop a customized program to meet and exceed that goal. We would love to help you in accomplishing your real estate needs. 2. We would be happy to exclude the current residents from the listing agreement for 30 days. This would help in motivating the current residents to buy in that they can see the price discounted by the commission, if they commit to buy within the 30 day period. We would like to offer you our closing service that handles everything for a flat fee of $4,000. This handles the contract phase, aligning the team of affiliates, and the closing. This, of course, is at your option. 3..Our commissions are normal for our market, but we save you money over any commission discounter. Our specialty is increasing your net proceeds. We do this by bringing you more buyers with more effective marketing, better negotiating, better systems for handling inspections, better pre-approval tools for your buyer, better contracts, and less post-seller litigation from better contracts. Commission discounts usually cost you money because of the agent’s lack of emphasis on your net proceeds check. It is like a basketball player who is playing with no heart, only for the scholarship. 4. Our rate is retail 6%. This may eliminate us, but that would be a shortsided conclusion. Here are 5 of the ways we can beat any commission discount: A. We beat the average List to sell ratio in (area) by a larger margin than any discount. B. We beat the days on market, which affects your carrying costs and lost opportunity costs on your equity. C. We have a low litigation rate as compared to national standards. D. We can market your home a little over retail due to our marketing. Top Agent Magazine
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D. We urge a pre-inspection plan to get rid of the little and big problems before a buyer is involved and wants everything built new. 5. Our agreements are 6 months, but that is not what sells properties. Marketing and price sell property. If we are wrong about those two items, we will adjust every week based upon showings and consultations with you. 6. I would also like to advise you on a misconception. Rental costs average about 35% of market rent in our area. Add in lost opportunity costs on your equity that is not doing anything at this point. I can show you how your current position is losing you money every month. I think our next step is a presentation of the tools we bring to achieve your goals. Listing with friends is loyal, but is it the best business decision? Do they have the tools and will you hold their feet to the fire when the results are not what you need? (Client’s name), you know the difference superstars make on a team. Let’s go for the win. It’s not so much whether my coaching client obtained the listing, but he needed to stand up for a profitable, long term business. Never sell yourself short to get business. You will never be happy. In these situations, I cannot guarantee an outcome, but I can guarantee the client will never forget you. You are planting seeds of discontentment with the small amount of money saved in a commission compared to not achieving their goal. Whether he/she admits it or not, he/she will have respect for you. Do more lead generation so you won’t have to work so hard on leads like these. Copyright©, 2015 Walter Sanford. All rights reserved.
Walter Sanford has been designing and implementing real estate systems for 30 years. One of the most successful REALTORS® and now wealthy from his systems, Sanford teaches his systems and strategies through his products, seminars, and personal coaching producing the best results in the industry. Do what works, do what is proven. Hire Walter Sanford. Call our office at 800.792.5837, email walter@waltersanford.com, or chat with us online at www.waltersanford.com. 16
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Beware the SNIOP! by Barry Eisen
Daily, Greg was growing more like I said, unfriendly, rude, eh! And excited about his upcoming, first did you see the Pope? Ha—I’ll bet all you could get was his postcard.” trip to Rome. Finishing up all the last minute Brimming with enthusiasm, Greg details, with just two days to his offered “Al, It was the best flight ever. flight, Greg headed to his barber, Al, Everyone was so accommodating. I was treated like family, and the people for a haircut. with whom I stayed showed me the Sharing his excitement with Al about sights as if I were royalty. Oh, and the upcoming trip, Greg bubbled when I got to the Vatican, not only did about staying with local people, I meet with the Pope, I had a private eating homemade, Italian food and audience. It was awesome and I’m so even having an audience with the grateful!” Pope. Al put down his scissors and started droning, “You know traveling Al, astounded to hear all this, asked is so hard these days, such a long “What did the Pope say to a nobody boring plane ride. Rome, of all places! like you?” “Well,” Greg replied, “as It’s hard to get around. They drive I bent forward to kiss his Holiness’ like crazy, the people are rude and the ring, he wanted to know one thing... streets…disgusting! The Pope? Ha! and asked me, ‘Who gave you such You’ll never get close to him.” Greg, a lousy haircut?’’ feeling a little deflated, left the shop. SNIOP After his trip, Greg popped into the barber shop. Al started digging in SNIOP is an acronym for a person immediately, “Well, didn’t I tell you who is: Susceptible to the Negative about the terrible flight? The people, Influences of Other People. 18
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Greg didn’t play that role Greg role in in the the anecdote above, but do you? anecdote you? More More importantly, are you willing importantly, willing to to dis dis-cover the subtleties of when cover when you you are? And most significantly, are? significantly, ifif you you are, are you willing to take are, take back back responsibility for directing responsibility directing your your own play, hearing your own own own song, song, standing up up for for your standing your own own dreams, dreams, living your your own own best living best life? life? Being aa SNIOP SNIOP is Being is not not about about being being just influenced influenced by just by others. others. We We are are and and we ought ought to to be. be. We we We don’t don’t live live in in aa vacuum and and the the fastest vacuum fastest way way to to create create Top Agent Magazine
success successisistotocopy copyit.it.That Thatmeans meanswe we want wantto tonot notonly onlyallow allowinfluence, influence,but but to to encourage encourage ourselves ourselves toto bebe im im- pacted pactedby bythe thethinking thinkingand andactions actionsofof those those coaches, coaches, mentors mentorsand andsuccess success models models who’ve who’veheld heldhigh highthe thebar barofof personal personaland andprofessional professionalexcel excellence. lence. The The goal goal isis toto not notbe beinflu influenced encedbyby the thenegative negativeand andthe thelimited. limited.It’s It’sabout: about: 1. 1. Bringing Bringing conscious consciouschoice choiceasastoto whom whomwe weinvite invitetotoimpact impactus, us,and and 2. 2. Seeking Seeking direction direction and and guidance guidance from from the the best best vs vs seeking seeking approval approval and and opinion opinion ofof the the many many (or (or the the “Any”). “Any”). 19
Ask yourself in what ways your world view is colored and shaped by those around you? In what ways— dig deep here, look for the subtle, do you allow yourself to be impacted by the leaders who can advance you or the negative opinions of others that can limit you? • Do you use your inner voice with an “I know that,” to stop you from hearing those who have messages that can advance you? • Do you seek approval by others when the authority should be your own inner voice? The best way to predict the future is to create it. We create it by intentional focus on our consciously chosen VISION. I’ll bet you’ll agree that driving forward while only looking in the rear view mirror is a recipe for disaster. It’s no different whether we are in the driver’s seat of our car or the driver’s seat of our daily attitudes. We GO where we LOOK, so we want to guard where we look. Why put on the glasses of those who look to their world with negative attitudes and limited expectations, when we can immediately and consistently commit to playing with those going our way? Who are the people with whom you surround yourself? Who are your 20
coaches, teachers, friends, religious leaders, mentors, trainers and business associates? What do you choose to read, watch on TV, browse on the internet, and attend for entertainment? Who you watch and read are the pals with whom you’re hanging. Are you listening to: • Gossips on how to have good relationships? • The impoverished on how to make money or to invest it? • Couch potatoes on how to be healthy? • The mean-spirited about loving? • Failing students on how to study and succeed? There is an alternative and it’s a shortcut to success: 10 Points to CREATE Your BEST (and avoid being a SNIOP) 1. Surround yourself with successful supportive people in the arena of each goal. Listen well to those who listen well and hear constructive criticism. 2. Choose goals that make you stretch and grow in positive directions. 3. Model yourself in the mental, physical and emotional habits of those who are positive and successful. • Eat well, exercise with consistency. Top Agent Magazine
It’s all rehearsal for the life you live, by choice. You become what you think about. • Make time to relax and focus on positive thoughts and solutions. • Prioritize the highest good and long term payoff. • Share more smiles and laughs. 4. Put your goals on paper and review them daily. 5. Commit yourself to do what’s right, not what’s easy. 6. Value friendships with those who have good to say about others and value friendships. 7. Read worthwhile literature by people who have excelled where you want to go. 8. Develop a wealth mentality. It’s one thing to be broke, it’s quite another to be poor. With a wealthy mentality and no money in the bank, a person is broke but not poor for the riches of possibility and the willingness to do the work to create the change. 9. Be open to the inspiration of others. Better yet, be an inspiration to others. Don’t only avoid those SNIOPS, don’t be one. Top Agent Magazine
10. Make time daily to be still and reflect on your day. Celebrate those places where you fulfilled these steps. Celebrate your awareness of the moments when you didn’t. Re-create the negative moments when you either rained on others’ dreams or when you were a SNIOP. Imagine those scenes as if you behaved the way you’d consciously choose. Then Replay those the new way in your mind’s eye. It’s all rehearsal for the life you live, by choice. You become what you think about. Thank you for investing this time with me. And thank you for passing this to others who may benefit. Barry Eisen teaches personal development seminars and coaches Southern California top producing REALTORS®. “Your business will never grow more than you do” is the theme; self hypnosis and behavior modification are the tools for playing a bigger game. barryeisen.com, barryeisen@LA.twcbc.com 818-769-4300 21
5 Sure-Fire Ways to Get More Referrals by Bubba Mills
Wouldn’t it be great if you didn’t have to market your services? Just serve and help clients all day—it’s why you chose real estate in the first place, right? To help people. But if you’re like most REALTORS®, you’re likely working your butt off just to get those clients. So what’s the answer? Referrals— from your current and past clients, family, friends and acquaintances. Imagine what your business would look like if everyone you knew gave you just one good buying or selling referral. Yeah, savor that feeling for a minute.
savings. Remember this: when you take exceptional care of your clients, they’ll do your marketing for free. Referrals are where the money is and here are five tips you can start using today to get more: 1. Make your service downright unforgettable. Past clients can’t refer you if they don’t remember you. Help them remember you by giving them memorable service. Take time to brainstorm ways to increase your service. Remember that referrals are earned, not paid for. By the way, I teach a seminar called Marry Me! Getting Your Clients to Say ‘I Do!’ that gives tips on how to offer service that yields referrals. Visit http://getbubbasnotes.com/marryme and get them free.
Run the numbers. Your average client who sticks with you is worth $25,000 if they move three times (first average commission is $5,000; they move in five years, that’s another $10,000 for the buy and sell. Same with the third 2. Cross promote and partner with move, another $10,000.) Then if the other businesses. Think about all the client refers two people, suddenly local businesses in your city and you’re talking $75,000. And that’s then ask this question: What can I without marketing, so add in that do to help those local businesses 22
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while promoting my business? Think coupons for your clients and leaving your business cards in their stores. 3. Think A.B.A.—Always Be Asking. If you don't ask, you don't get referrals. Add a P.S. to your email signature. Something like this: “P.S. If you know anyone thinking of buying or selling real estate, please tell them about ABC Real Estate and hit the reply button and tell us how we can help them!” Also, put some serious thought into your closing gifts. I’ve given Cutco Knives with my name engraved on the blades. Every time they use the knives, they think of me. Give gifts that have a shelf life. 4. Get involved in your community. People are more likely to refer to someone they believe is a good person – someone that gives back to the community. And remember, it’s not your signs all over town that make you a community icon; it’s what you do for your community. Volunteer at retirement centers, help rebuild and paint local parks, serve food at the local soup kitchen, take part in fundraisers and be seen at block parties and street picnics. 5. Show your gratitude when you do Top Agent Magazine
get referrals. Thank your referrers for their help, and keep them updated on how the new relationship is going. The referral system is built on strong relationships and shared value. Share what’s on your mind. How much time are you spending to get referrals? Can you improve your referral numbers? If not, why not? What’s preventing you from getting more referrals? What successes or failures have you had with asking for referrals in the past? Please send any comments or questions you have to Article@CorcoranCoaching.com or http://www.facebook.com/Corcoran Coaching. Bubba Mills is co-owner and executive vice president of Corcoran Consulting and Coaching Inc. (www.corcorancoaching. com/programs, 800-957-8353), an international consulting and coaching company that specializes in performance coaching and the implementation of sound business systems into Real Estate Companies, Mortgage Companies and Small Businesses. Bubba Mills is a nationally recognized inspirational and education speaker, coach and mentor to the top real estate agents and mortgage companies. To find out more about Corcoran Consulting & Coaching, call 1-800-957-8353 or visit us at www.Corcoran Coaching.com. 23
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