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Return on Relationships in Real Estate

September 19 2014

relationships quantumleadsRelationships are the make-or-break detail when it comes to clients purchasing real estate. Return on relationships (ROR) is not strictly about money (although that is an integral component); it is also about the value that loyalty plays in a client recommending and sharing you to others. So what steps can you take to achieve a better ROR with your clients?

1) Listen

Listening is the biggest tool of ingratiation with any person, be it business-related or otherwise. If a person does not feel heard, they start to feel disrespected. If your client does not feel you are listening to them, they will not adequately trust you to come through for them on what they want. It will ultimately detract from your ROR by weakening your relationship. Too often agents are waiting to finish a client's sentence or start unloading vast amounts of information on them; when an agent takes the time to slow down and listen, bonds are formed that extend far beyond the normal broker-client relationship.

2) Make it about them

It is not about you! Brokers are generally all too quick to try to force things on a client. They forget that at the end of the day, it is all about the client. They are the ones who are going to be living in whatever property they buy, not the broker. Because of this, it is imperative to put the buyers in the driver's seat. They need to realize that they hold all the cards, and the broker is merely acting as a facilitator to bring their dreams to life.

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