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April 24, 2008

The Sales That Slip Away

What do people talk about with their friends when they're buying a new car? About new cars! And what do people talk about when they are buying a new house or refinancing a mortgage? Right! Houses and mortgages.
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And when they talk about mortgages, are your customers talking about YOU? Your goal as a salesman who likes to work from referral business, is to make the process so easy that every one who works with you will recommend you to their friends.
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Most salespeople don't live on referrals. WHY NOT? They are either embarrassed to ask for them, or they get so busy with the paperwork of the deal that they FORGET to ask for referrals!

Most salespeople don't live on referrals. WHY NOT? They are either embarrassed to ask for them, or they get so busy with the paperwork of the deal that they FORGET to ask for referrals!

Rule #1: You don't ask. You don't get.

Rule #2. You ask for more. You get more!

So how do you ask? Several ways. Pick one! Immediately after you take the application, you say: "Are any of your friends shopping for a mortgage like you were?"

When you call back to get more information, or better yet, when you call to say "Your loan is approved!" you say: "I've really enjoyed working with you and would love to work with any of your friends. Who else in your circle is thinking about a new house or a mortgage?"

Right after the loan closes, call to say congratulations and ask: "Could I ask you for a little feedback on my service?" If they give you a good report, you can do two things. First ask for a testimonial. "Will you put that in writing?" and 2. "Will you say that to your friends when they need a mortgage? Could I send you a few business cards, just in case you need them?"

Keep in touch 3 or 4 times a year, see how they are doing and ask: "By the way, do you happen to know of anyone thinking of making a move or needing to refinance?"

They may send you their friends and they will definitely remember you when it's time for them to get a new mortgage!

Reprinted with permission.
Copyrights 1992-2006 Linda Brakeall, Phoenix Seminars
Speaker, Trainer & Consultant
LindaBrakeall.com  800-662-7249 

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