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Real Estate News and Advice |
November 11, 2009 |
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Three Common Closing Myths
by Joeann Fossland
I often hear from agents who want to hone their skills that they feel they need to get better at closing. Truth is most successful agents are naturally good at selling and take for granted their instincts are most often right about closing. Last century, the selling style in vogue was a rather manipulative, numbers game style. "Closing" scripts or techniques were thought necessary to move a prospect to action. But do you like to be treated this way by a salesperson, or would you rather feel the salesperson was more interested in you and your needs than their desire to close the sale? These days, the salesperson that respects the client’s needs and makes it easiest for them to make a decision comes out the winner! Let’s take a look at how things have changed through three common closing myths 1. If they don’t say yes now, your job is to find out why, solve the problem and CLOSE Bringing out the big guns and pressuring a close may be the worst thing you can do. This is, instead, a great opportunity to regroup and ask more questions. If you had thought everything was in line for them to make a decision and they aren’t ready, you have obviously missed something. Effective listening is the most important skill in sales, yet salespeople too often try to talk their way to a sale, rather than listen their way to it. In a situation like this, you may be dealing with the 14% of the population (based on Target Training International’s DISC style analysis studies) that will NEVER be comfortable making fast decisions. When a "C" style says they want to think about it, if you don’t give them the space to do that they probably will NEVER do business with you. 2. If you know the right "script" you will be able to close anyone Relying again on the information about the four basic styles of communication, tells us you will be more successful when you adapt your style to the style of your prospect. While scripts are useful to give you some pre-thought about handling objections, they must fit your way of communicating or you’ll come across as pushy or manipulative, rather than authentic. The moment that happens, you lose the trust of the prospect and it is unlikely they will buy from you. Your authenticity, your being present and your genuine caring about the best interest of the client are more effective tools in your tool kit than scripts. Think about some of the most successful salespeople you know and I bet they are true to their own style, rather than relying on "closing techniques." 3. Asking for the order is being pushy or manipulative Now, perhaps your style is to shy away from any semblance of being pushy or manipulative. Remember, it IS usually in the best interest of the prospect to make a decision and move forward. So, if you are working with a buyer that must buy (and why would you work with one that doesn’t?), helping them make the decision that is best for them is your job. If you are presenting to motivated sellers, you know they need to list, so you want to make it easy for them to choose you. But in both of these cases, don’t hesitate to ask for the order.
The best negotiators always look for the win-win solution. It is easy for the other party to say yes to you if you have done a good job at listening to their needs, discovering their fears, building trust through your authenticity, and matching your services/products to their wants. You don’t need manipulation or fancy objection handling techniques, you simply need to ask! Published: January 30, 2002 Use of this article without permission is a violation of federal copyright laws. Related Articles:
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