Monday, November 26, 2007

Real Estate Marketing Strategies: Seven Powerful Tips to More Confidence

A client asked me recently how I would define confidence. I paused for a moment and replied, “Confidence is the inner knowing that you can achieve whatever you want.”  What is your definition of confidence? 

 

In my 30 years of coaching people to be successful, I have found that at the core of everything is confidence. Call it a belief in yourself or whatever you want, there is no sense in creating a marketing plan without it.  Confidence is not necessarily something you are born with, rather, like a muscle, it is developed over time with practice.  This article will give you some key tips on how you can gain more confidence.

 

Tip 1:  Focus on What You Want

Where do you put your focus most of the time? Here’s a hint: if you feel happy, grateful and hopeful, then you’re probably putting your attention on what you want.  If you’re feeling discouraged, depressed or anxious, then you’re focusing on what you don’t want. 

 

One of my clients today discussed her increasing feelings of anxiety as she was working with her clients in selling their house.  When I asked her, “So what are you focusing on?” she admitted that she had been thinking about the possible failure of the transaction.  When she changed her perspective and focused on the transaction closing, her feelings immediately changed into hope.

 

Here’s a tip:  Whenever you find yourself focusing on what you don’t want, just ask yourself, “So, what do I want?”  Most likely you’ll choose positive thoughts, images and feelings as you focus on your desired outcome.  Not only will this brighten your mood and give you more confidence, but also, it will increase your chances of the deal closing.

 

Tip 2:  Tame your Inner Gremlin

Have you ever noticed that there is a part of you that picks on you, beats you up, expects you to be perfect and is very hard on you if you make a mistake?  That voice is called your

Inner Gremlin, also known as your Inner Critic, or Inner Judge. We all have one. The question is whether it’s running you or whether you are running it. Does it have power over you? Guess what? It only has the power that you give it. Stop listening to it and over time, it will be tamed.

 

So how do you tame it? Here’s a simple technique:  When you notice that there is a voice in your head either putting you down, or berating you in any way, use a simple STOP technique.  First, interrupt the pattern of thoughts by saying to yourself, STOP. Next, take a deep breath. Finally, use this opportunity to put in a positive new thought.  For example, if your old thought was, “I don’t have what it takes to succeed”, stop it, breathe, and put in your new thought, “I have all the resources I need to succeed.”

 

Tip 3: Clear your Inner Conflicts

How do you know if you have an inner conflict?  Most of my clients aren’t immediately aware of their inner conflicts but it becomes revealed through resistance.  How many times have you told yourself “I need to get on the phone and call my sphere of influence”, and then you don’t do it?

That’s a typical example of how an inner conflict would be noticed.  You’ll notice resistance to what you told yourself you should do. In this example, one part of you is saying, “Make the calls” and the other part of you is saying, “I don’t want to intrude. I don’t want them to think I am soliciting.” The reasons could go on and on.

 

Whenever you find yourself in resistance and you just can’t force yourself to do something no matter how hard you try, do a little introspection, and identify the voices in your head that are in conflict.  Then assume the role of the mediator. Just as you mediate in your business between two or more people, do the same within yourself and find a solution that pleases both parts.

 

Tip 4:  Create a Successful Future Self

Often when I work with a client who needs more confidence, I help them create a successful future self.  They visualize what they are going to look like in the future, having accomplished their goals.  Then they practice feeling what it feels like to be that future self.  As they sink deeply into the feelings of accomplishment, contentment and confidence, they are creating a vision that inspires them.

 

You can be in business either pushing yourself to succeed, which creates “burn out” or you can allow yourself to be pulled towards success by a vision. Creating your future self is one way to have a vision. Perhaps you can picture your future self on a vacation, lying on the beach. Now, that’s inspiring.

 

Here’s a tip: to reinforce this idea of a successful future self, make a collage.  Get several magazines and take out photos that inspire you. Photos that you’d like to see happen in your future.

 

See yourself having outlets for all that money that you’ll be making.

 

Tip 5: Only engage in interactions that are win/win

How many times have you gone into a situation with a prospective client while at the same time a voice in your head was saying something like, “Don’t do it. This doesn’t feel right”?

 

Here’s a tip—trust your hunches.  If you have doubts about a client or a situation, most likely you’re right.

 

I’ve had dozens of clients who are recovering from burn out because they forgot to ask themselves, one thing, “Is this going to be a win/win?” According to Dr. Steven Covey, it’s either win/win or no deal.  Next time your gut feelings are telling you to back out, listen to them.  It’s better to back out in the beginning than to get involved in a situation where you can’t back out later.

 

Tip 6:  Practice extreme self care and self maintenance

Think about it for a moment. What is your most valuable asset? Is it your home or your car?    No, it’s your health.  Yet I see so many people who try to be successful but then neglect their basic physical needs for rest, for sleep and for healthy foods.

 

Remember you are your business. Your most important asset is you, your health and your personal production capacity.  The healthier you are, the more energy you’ll have and the more you’ll produce.  What are the areas you need to improve in self maintenance?

 

Dr. Steven Covey talks about “sharpening the saw”. He recommends taking an hour a day for making sure that your physical, emotional, mental and spiritual needs are met. Maybe taking an hour a day is beyond your reach at the moment. Then what small steps can you take to improve your energy level and vitality?

 

Tip 7:  Know that what you have to offer is valuable

Effective marketing is based on the idea that you know your services are valuable and you are willing to communicate that in the marketplace on a consistent basis. So, how valuable are your services?  What is your unique selling point? What do people get when they work with you that they can’t get anywhere else?

 

When someone asks you what you do, what do you say? Let me demonstrate a “so so” response compared to a response that will get someone’s attention.  Suppose you’re a real estate agent and someone says, “So, what do you do?”  A “so so” answer would be, “I am a real estate agent with_______________________ company. “Compare that to this. Someone asks you what you do and you say, “Well, you know how people get stressed out when they are buying or selling a home? Well, I take care of all the details and make sure that the process goes smoothly so that my clients can relax. I am a real estate agent with _________________ company.”   Which real estate agent would you like to work with?

 

Here’s a tip — This kind of answer will only work if you totally believe in yourself and know your services are valuable.

 

There are many aspects to becoming more successful. These seven powerful tips are just the beginning.  Before you create your next marketing plan, check inside and take a reading of your confidence level. If it needs a boost be sure to take care of that before you do anything else. 

 

 

~~~
Dr. Maya Bailey, author of "Law of Attraction for Real Estate Professionals", integrates 20 years of experience as a Psychologist and 12 years as a business coach with her expertise in the Law of Attraction.  Her powerful work creates a success formula for Real Estate professionals ready to double and triple their incomes. Get Dr. Maya’s free report “7 Simple Strategies For More Clients in 90 Days” by visiting www.90DaystoMoreClients.com


 

Monday, November 19, 2007

Real Estate Marketing Strategies: How You Can Survive and Thrive This Holiday Season!

Do you go through the same slump every year? It begins somewhere in November. Your business slacks and you realize that your income is going to come way down at the very time when you want to be spending and buying. You get sad and then you get scared and before you know it, you’re in a full blown depression. Somehow the thought, “Desperation doesn’t sell” finds a way into your already crowded brain. How can you turn this around, or better yet, nip it in the bud? Here is a way to survive, even thrive this Holiday Season:

Think outside the box:

Here’s an example:

It’s Tuesday afternoon and I’m giving a coaching session to one of my clients, Sandy. I ask her how she is doing and she admits to not only being nervous about money but being downright panicked. Her fear was real. She wasn’t even sure how she was going to cover her rent in January.

Sandy is a new real estate agent and had planned to have some escrows to get her through the holidays which never materialized. When I questioned her on marketing strategies she said, “I really think I’m doing everything I can do.”

The voice of fear:

When we dialogued with the nervous, scared part of her, we found out some useful information. Basically this was a very practical part of her. It wanted bottom line results. Nothing vague would do. It said loud and clear, “Show me the money!”

Now Sandy had something valuable to work with—the only solution to calming down her fear was to manifest money and do it quickly.

She looked at me, stumped. “I’m using every real estate strategy that I know and I’m getting desperate. “ So I asked her what other skills, talents and abilities she had. “Well, I used to do waitressing in the past.” So I asked her about doing that temporarily to get her through the slump. “Oh, I can’t possibility do that, because everyone in my town would see me and think I was a failure in real estate.” When I suggested that she find work out of her immediate vicinity she remembered she had some restaurant connections in a nearby city.

Transforming fear into action:

Her mood lightened and the worried expression changed to a smile. “Yeah maybe I can do that but how do I keep from feeling like I’ve failed at my major career?” So I asked her, “How many actors and actresses do you think waited tables in Hollywood before becoming famous?” We put our heads together and figured more than 80%.

So I said, “What if they looked at their waiter or waitress job and labeled themselves as failures because they had to do so called menial work to survive?” Sandy carefully considered what I said and decided that she would adopt the same attitude. Further she decided that this meant she really was successful because she was committed to success. She was willing to do whatever it took to succeed in her chosen career.

Look for immediate feedback:

When our session ended, Sandy was looking quite pleased with herself and I knew she was on the right track. What I wasn’t expecting was immediate feedback. She called me about 10 minutes after the session, and very excitedly told me, “I did it, I called my restaurant connections and I already have 3 jobs at 3 parties. They all sound like a blast! The last one is a masquerade party and I’m really looking forward to it.”

She proved my point, you can always turn fear into action. Furthermore, if you focus on what gives you joy, you’ll find a way to get paid for what you love to do.

 ~~~
Dr. Maya Bailey, author of "Law of Attraction for Real Estate Professionals", integrates 20 years of experience as a Psychologist and 12 years as a business coach with her expertise in the Law of Attraction.  Her powerful work creates a success formula for Real Estate professionals ready to double and triple their incomes. Get Dr. Maya’s free report “7 Simple Strategies For More Clients in 90 Days” by visiting www.90DaystoMoreClients.com

 

Monday, November 12, 2007

Real Estate Marketing Strategies: How to Make Sure You Get the Money You've Earned

In the past 10 years of coaching real estate agents to market themselves, I’ve noticed a simple mistake that can cost you a transaction. Do you know which one I’m talking about?

 

Imagine you’re working with a prospective buyer? What is the first thing you make sure to do? This article reveals the secret steps that can save you thousands.

 

Step 1: Invite the prospective buyer into your office

Why is this important? You need to establish a working relationship with this buyer. They need to know how you work.

 

Step 2: Ask them detailed and specific questions about what they are looking for

Take notes and don’t be afraid to delve. You need to know their specifics, their motivations and their time lines. Do active listening with them and repeat back some of their key phrases and words. It will inspire confidence in them when they feel heard.

 

Step 3: Tell them all the wonderful things you are going to do for them

For example, tell them that you’ll be previewing houses, you’ll be taking them out to look at houses, you’ll be advertising, you’ll be going to MLS meetings, etc.

 

Step 4: Tell them what you expect from them

A simple way to phrase this is after you have told them what you’ll be doing for them is, “All I need from you is an agreement that we’ll work exclusively together.” They probably won’t know what that means, so get specific. “This means that you won’t work with another agent, if you see a name and number on a For Sale sign, you’ll call me instead of the name on the sign and bottom line it means, I’m the one who is handling the transaction and my name will be on the escrow with you.”

 

Step 5: Clarify what you just said

They will probably have a questioning look on their face. Say, “It looks like you might have a few questions about what I just said, what can I clarify for you?” Keep pursuing and discussing it with them until you are sure they are in agreement with your policy. Their body language is probably the best way to tell if they really mean “yes”.

 

Step 6: Reassure them that they are not “locked in”

After all that, be sure to tell them they are not “locked in”. In other words, if they don’t like working with you or you don’t like working with them, then there needs to be a discussion. If the issues can’t be resolved and you’re not a good match, let them know they can be released from the agreement providing there is a discussion and mutual agreement.

 

If you’ve followed all the steps above, you’ll save yourself a lot of grief later. I can’t tell you the number of agents I’ve coached who have come to the session extremely angry because a client they were helping decided to go with another agent. Let’s make sure that doesn’t happen to you.

 

~~~
Dr. Maya Bailey, author of "Law of Attraction for Real Estate Professionals", integrates 20 years of experience as a Psychologist and 12 years as a business coach with her expertise in the Law of Attraction.  Her powerful work creates a success formula for Real Estate professionals ready to double and triple their incomes. Get Dr. Maya’s free report “7 Simple Strategies For More Clients in 90 Days” by visiting www.90DaystoMoreClients.com

Monday, November 5, 2007

Real Estate Marketing Strategies: How to Attract Your Ideal Client

Wouldn’t it be nice to know that you had the power to attract only those clients that you really love to work with? Imagine the joy and satisfaction you’d feel getting up in the morning knowing that your day would be filled with people you like to be around! What feeling does that give you that you didn’t have before?

 

Steps to Attracting your Ideal Client:

 

Knowing who’s right:

 

Have you clearly defined the qualities of your ideal clients? In coaching people for the last 30 years, I have found that most people are fuzzy when it comes to knowing who they really most desire to work with.

To assist you in doing this, think back at some wonderful people you had the pleasure of doing business with. What did you like about them? Most of my real estate agent clients and coaching clients report the same qualities: someone who is positive, committed, motivated, educated, and responsible and just a joy to be around. How good are you at attracting these clients?

 

 

Avoiding who’s wrong:

 

How do you know who is the wrong client for you? Just start by listening to your body. Your body always tells the truth. Do you feel relaxed around this person or tense? How is your breathing? If you tend to hold your breath around this person, your body is telling you to beware. If you want to avoid contacting this person, even thought it’s essential, again you’re being given a signal.

 

 

Get in front of your ideal clients:

 

Once you know the characteristics of who you want to work with, find ways to meet them and connect with them. Where do they hang out? Do they go to certain health clubs in your area? Then go to those clubs. Do they belong to certain community service organizations? Join them.

 

Remember, before people will do business with you, they need to KNOW, LIKE and TRUST you. So follow your basic word of mouth strategies to be in contact with them. Remember they are your target market now, so you need to join the networking organizations they belong to, speak at places where they will be listening, write articles that they will read and form cross referral relationships with other professionals that work with them.

 

 

Use the Power of the Law of Attraction:

 

The Law of Attraction is simple. It basically says to put out the energy that you want to attract back. It’s based on the idea that “like attracts like”. So guess what? If you want to attract your ideal client, you need to express the qualities that they express. So, if you’re ideal client is positive, motivated, committed, educated and a joy to be around, practice being that. Not only will you have fun in the process, but you’ll become a magnet for your ideal clients.

 

 

~~~
Dr. Maya Bailey, author of "Law of Attraction for Real Estate Professionals", integrates 20 years of experience as a Psychologist and 12 years as a business coach with her expertise in the Law of Attraction.  Her powerful work creates a success formula for Real Estate professionals ready to double and triple their incomes. Get Dr. Maya’s free report “7 Simple Strategies For More Clients in 90 Days” by visiting www.90DaystoMoreClients.com