Tag Archives: selling

How One Smart Call Stays on Top of a Prospect’s Mind

In real estate, we all know that “no” doesn’t always mean “never.” But how do you get a foot in the door with a prospect who’s not interested in moving right now? A recent example of a real estate cold call sheds light on the power of a skillful opener and a subtle follow-up.

Here’s how the call played out:

Agent: “Hi, this is Sam, I’m a real estate agent here in Austin. Do you still own the property on Cedar Avenue?”

Prospect: “Yes, I do.”

Sam: “I don’t suppose you’re thinking of selling it?”

Prospect: “Not at the moment. I like the place.”

And right here is where most calls end. But Sam, in this example, took it one step further, without being pushy.

Sam: “Sounds like that’s your forever home.”

This small comment triggered the prospect’s desire to clarify.

Prospect: “Well, maybe not forever…”

Sam used this small opening to plant a seed:

Sam: “Once a quarter, I send out an email with updates on what homes in East Austin are selling for. If you’d like, I can add you to the list.”

The result? The prospect said yes, allowing Sam to stay on their radar without overstepping.

Lessons for Building Rapport and Staying Top of Mind

1. Acknowledge Reality

It’s a fact: most people aren’t thinking about selling at any given moment. Acknowledging this, instead of pushing past it, can be disarming for your prospect. When Sam said, “Sounds like that’s your forever home,” it was a gentle acknowledgment of reality, showing understanding rather than insistence.

2. Ask Permission, Don’t Assume

By framing his follow-up as a “Would you like?” rather than an assumption that they want more information, Sam gave the prospect control over the conversation. This approach can make the difference between being remembered positively or dismissed as just another sales call.

3. Become a Familiar Name

Quarterly updates on neighborhood pricing is a non-intrusive, value-added approach. By staying top of mind through these updates, Sam ensures that when the prospect does consider selling, his name is the one they think of first.

Phrases to Create Subtle Openings

If you’re a real estate agent, or in any field where repeat interactions matter, here are a few lines to try:

  • “Sounds like it’s perfect for you right now.”
  • “Seems like it’s ticking all the boxes.”
  • “Out of curiosity, are there any situations where you might consider other options?”

The Takeaway: Be a Better Opener, Not Just a Closer

If you want to close more deals down the road, focus on being a good opener today. When the timing is right, your prospect will remember your professionalism and gentle persistence, making it more likely they’ll reach out to you.

Looking to be part of our Real Estate Expansion Team or referral network? Fill in the form below, and let’s start a conversation about how we can collaborate. Your referrals are important to us, and we value the potential of growing our network with like-minded professionals. We’re excited to connect with you!

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Filed under New Thought, New You, Resources, SmartProspecting, The Coach, The Psych, The Quote, The Review, The Script

Smart Prospecting Quiz

Smart prospecting is all about maximizing your efficiency and effectiveness when it comes to generating leads and converting them into transactions. It’s not just about the number of contacts you make, but also about the quality of those contacts and the value that they bring to your business. One way to ensure that your prospecting efforts are smart and effective is by taking the Short Smart Prospect Planning Quiz. Let’s dive into the five questions of the quiz and how they can help you generate a Smart Prospecting Plan.

  1. How many contacts does it take you to generate a lead? This question is all about understanding your conversion rate. By tracking the number of contacts it takes to generate a lead, you can optimize your prospecting efforts by focusing on the channels and methods that are most effective. For example, if it takes you 50 cold calls to generate one lead, but only 10 emails, then you may want to shift your focus to email prospecting.
  2. How many leads to convert into 1 transaction? This question helps you understand your conversion rate from leads to transactions. By tracking this metric, you can identify areas where you can improve your sales process, such as by refining your messaging or improving your follow-up tactics. You may also want to focus on generating higher-quality leads that are more likely to convert into transactions.
  3. How many hours to create 1 transaction? This question helps you understand the efficiency of your sales process. By tracking the time it takes to convert a lead into a transaction, you can identify areas where you may be able to streamline your sales process and reduce the amount of time it takes to close deals. For example, you may want to focus on improving your qualification process to ensure that you’re spending your time on high-value leads that are more likely to convert.
  4. How much money do you generate with 1 transaction? This question helps you understand the value of each transaction. By tracking the revenue generated by each transaction, you can identify areas where you can improve your pricing strategy or focus on generating higher-value transactions. For example, you may want to focus on upselling or cross-selling to existing clients to increase the value of each transaction.

Now you have all the information you need to generate your Smart Prospecting Plan. After answering these four questions, you now have a clear understanding of your conversion rates, sales process efficiency, and transaction value. You can use this information to generate your Smart Prospecting Plan, which should focus on generating high-quality leads that are more likely to convert into high-value transactions. Additionally, you should focus on optimizing your sales process to reduce the amount of time it takes to close deals and maximize the value of each transaction.

Ultimately, smart prospecting is about solving people’s problems and providing value, so keep that in mind as you execute your plan and interact with potential clients.

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