overcoming obstacles august 17 2011

21
NABCO™ 1 g Obstacles “Staying p in a own Market” Written By Rich Williams

Upload: richard-williams-wallstreet

Post on 25-May-2015

214 views

Category:

Business


1 download

DESCRIPTION

Learn six main truths about today’s real estate market. In addition, gain four key insights into shaping a positive belief system for success in any area of your life.

TRANSCRIPT

Page 1: Overcoming Obstacles August 17 2011

NABCO™ 1

Overcoming Obstacles™

“Staying p in a own

Market”

Written By Rich Williams

Page 2: Overcoming Obstacles August 17 2011

2

Who Is Rich Williams

10+ years Real Estate sales experienceRecognized as a “Top Producer”, consecutively 16+ years Business ExperienceBusiness Owner and Real Estate CoachTrained, Motivated and Coached over 15,000 Graduate of “Speakers Academy”Professional Speaker, Trainer & Coach Generated 2.1 million in production in 90 days

Page 3: Overcoming Obstacles August 17 2011

3

Please Feel Free To Call….

Page 4: Overcoming Obstacles August 17 2011

4

Define Obstacle

Something that obstructs or hinders progress.

Impediment, or barrier. Clog, Crimp, Difficulty, or

Disincentive Encumbrance, Fence,

Hindrance, Hurdle

Page 5: Overcoming Obstacles August 17 2011

5

Define Overcome

To get the better of in a struggle or conflict; conquer; defeat.

To gain the victory; win; conquer.

To overpower or overwhelm in body or mind.

Page 6: Overcoming Obstacles August 17 2011

6

Page 7: Overcoming Obstacles August 17 2011

7

Page 8: Overcoming Obstacles August 17 2011

8

Page 9: Overcoming Obstacles August 17 2011

9

Belief Systems

Internal values Your silent compass for

you life Set of precepts from

which we live What we believe and why

we believe them Thousands of times more

powerful than habits

Page 10: Overcoming Obstacles August 17 2011

10

Changing Belief Systems

1. Change Your Programming (words)

2. Change Your Thoughts/Feel

3. Change Your Actions (Behavior)

4. Change Your Results

You are in control!

Page 11: Overcoming Obstacles August 17 2011

11

Opportunity Mindset™

Six Truths About Markets

Page 18

Page 12: Overcoming Obstacles August 17 2011

12

Opportunity Mindset™ (continued)

1. Markets Shift—It’s a Way of Life

Markets are always in transition.

Myth: Market determines your success.

People buy and sell in all markets.

Down markets tend to have fewer great deals—and those that are, sell faster.

Page 19

Page 13: Overcoming Obstacles August 17 2011

13

Opportunity Mindset™(continued)

2. Up Markets = Proactive and Reactive Lead Generation

BUT, in down markets only proactive lead

generation works!

Page 20

Page 14: Overcoming Obstacles August 17 2011

14

Opportunity Mindset™(continued)

3. Market Shift = New Strategies Required

Adopt opportunity mindset. Seek only motivated buyers and

sellers. Price ahead of market—do not

chase market. Make condition of listings stand

out. Motivate buyers with sense of

urgency. Qualify and convert leads

quickly.Continued

Pages 20-21

Page 15: Overcoming Obstacles August 17 2011

15

Opportunity Mindset™(continued)

3. Market Shift = New Strategies Required

Catch and convert leads on the Web.

Bulletproof your transactions all the way to closing.

Find out where market is and get in it.

Do more with less—expenses, services, people.

Learn alternative financing options.

Pages 20-21

Page 16: Overcoming Obstacles August 17 2011

16

Opportunity Mindset™(continued)

4. The Theory of Equilibrium

Sellers’ market = agent count increase

Buyers’ market = agent count decrease

Big opportunity for those with stamina, skill, and adapted, improved business practices

Page 21

Page 17: Overcoming Obstacles August 17 2011

17

Opportunity Mindset™(continued)

5. When Markets Shift Downward, Time to Reach Equilibrium Is Unknown

Myth: Wait it out, it will be over soon.

Truth: Face the market, adapt as needed.

Commitment Consistency Reduced expenses Play red light green light

Page 21

Page 18: Overcoming Obstacles August 17 2011

18

Opportunity Mindset™(continued)

6. In a Down Shift, It’s Time for “All Hands On Deck”

Prospecting (Everyone’s job) Converting to appointments

and contracts Cost control Negotiation (Seek for win-win) Transaction bulletproofing Customer service (The Law of

Compensation) Your income is determined by

who you serve and how well you serve them…… Who are you serving?

Page 22

Page 19: Overcoming Obstacles August 17 2011

19

Opportunity Mindset™(continued)

Your Role as Opportunity Warrior Have a plan and know

what you should be doing at all times.

Know your strengths, leverage them, and execute.

Delegate tasks you do less well.

Pages 23-24

Page 20: Overcoming Obstacles August 17 2011

20

What Did We Learn

1. What is an obstacle 2. How to overcome them3. Changing our

program/belief systems4. Six truths about

markets5. Opportunity Warrior

Affirmation

Page 21: Overcoming Obstacles August 17 2011

21

Opportunity Mindset™(continued)

Opportunity Warrior Affirmations I’m an opportunist and this is an

opportunity. I’m a market maker and will create

my own market in these conditions. I’m able, ready, and willing. I’m a knowledgeable real estate

consultant. I understand the big picture. I’m a professional guiding clients

through the process. Sellers need me more than ever to

get a sale. Buyers need me more than ever to

get the best price.

Page 24