Over the years in real estate you learn a lot! In fact there is a lot to be learned by our mistakes. You learn what to do, and what not to do. Sometimes we take a gamble on showing relocation prospects, Perhaps there is a 50/50 chance they may move to your area. These buyers aren't a sure thing, but worth a gamble.
A lot of people think that REALTORS have an expense account, or that we can write off our expenses! Well the are wrong about an expense account, and I do not like writing anything off where there is no return on the dollar spent. A few years ago I can to the conclusion that when I treated for lunch, I was being used. I never seemed to close the prospects. In fact more often than not potential prospects did not return the call. No matter how long we were out in the car, how many homes we've showed them it did not make any difference. I was the tour guide, taxi driver and free lunch buffet. Once I decided to show all the homes, first and stop for coffee telling the prospects I have another appointment. As I pulled up to the place they wanted to go, it was valet parking only. Between coffee, and a lite treat my bill was through the roof. Those were the days when I did not make the money I do now.
What I did when I figured out how to tell who was a real buyer, and who was kicking tires... The prospects would make rumblings about a pit stop and getting a bite to eat...I'd respond with what do you like? Italian, Mexican, pizza, burgers, or a nice family restaurant? They'd just right on the suggestions, and perhaps tell me of another place they've heard of. I's say great, anddrive them there. As we pulled up, I 'd drop them off and tell them I'll join them later I have about a 1/2 hours worth of phone calls to return. Their jaws would drop almost like they've been found out. You wonder how many times they pulled this off without the other agents catching on. So when a prospect says, "Let's Do Lunch!" Stop and think about it! Maybe the answer it "Let's not!"
We found it is smarter to take persons out to lunch, breakfast or even dinner if we have already closed them. These meal tend to be more productive, and help establish a friendship that will perhaps lead to quality referrals someplace down the line! These are people you want to be with! Enjoy them! It is called friendship, and appreciation.
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Oh, I found that out a while back as well! Now I have a few places set for showing appointments and I let them know before I meet them that we will be cutting it close as I have another appointment after. (even if I don't) I did have an Open House today and spoke with the seller before going. She wasn't feeling well and I offered to take her Won Ton Mein (and I did). I went a little early and she ate a little bit and then had to leave because people were coming in. That I don't mind....I mean, I'm kicking her out of there to do an Open House, right?
Lizzette Anytime! I'd rather take a friend to lunch than waste my time and money, and then pick up the bill and leave a tip!
Sally That is fine! We have a lot of great home sellers that we just really love! I mean we really do meet a lot of great people in real estate, and then there are th others! LOL! For thm I am busy or on a diet!
Terri Not all are users. There are many "nice people" They are the ones you want to be with, and want them part of your life after the deal closes. Soemtimes, I guess it is listening to that voice within. YOu know the voice that is never wrong? Just follow that!
Dainne Once in a blue moon do the cleints treat, perhaps if they were referred by a firend, and they are just appreciative of our assistance.
Theresa "Just say no!" LOL!
Matthew. Now a cigar shop would work!
Paula!!! Necessity is the mother of invention!