Key Takeaways
1. Words are Your Most Powerful Tool
Quite often the decision between a client choosing you over another agent depends on your ability to know exactly what to say, when to say it and how to make it count.
Communication is Key. In real estate, success hinges on effective communication. The right words, delivered at the right time, can significantly impact your ability to win clients and close deals. This book emphasizes that mastering language is a tactical advantage, providing tools to empower real estate professionals to achieve their goals.
Subconscious Influence. The book introduces the concept of "Magic Words," which are phrases designed to speak directly to the subconscious brain. The subconscious brain makes decisions quickly, without overanalyzing. By using these words, you can bypass conscious resistance and influence decisions more effectively.
Preparation is Paramount. The worst time to think about what to say is in the moment you're saying it. This book prepares you for various scenarios, giving you a fair advantage in conversations. It's about being proactive with your language, rather than reactive, ensuring you're always ready with the right response.
2. Control Conversations by Asking Questions
It is the person that is asking the questions that is in control of the conversations.
Questions Drive Conversations. Questions are the engine of any meaningful interaction. They initiate conversations, build relationships, create opportunities, and ultimately lead to decisions. Improving your ability to ask better questions is crucial for increasing the quality and quantity of positive outcomes in your real estate career.
Strategic Inquiry. Many of the "Magic Words" are designed as prefaces or lead-ins to questions, allowing you to guide the conversation. By framing your questions carefully, you can subtly direct the other person's thinking and maintain control of the dialogue. This approach is more effective than making direct statements, which can often be met with resistance.
Uncover Needs and Motivations. Asking the right questions helps you understand the other person's perspective, needs, and motivations. This understanding is essential for tailoring your approach and offering solutions that resonate with them. It's about listening actively and using questions to uncover the underlying factors driving their decisions.
3. Soften Introductions to Reduce Resistance
I’m not sure if it’s for you, but...
Rejection-Free Approach. Starting a conversation with "I'm not sure if it's for you, but..." is a powerful way to introduce an idea or opportunity without triggering immediate resistance. This phrase suggests there's no pressure, which naturally increases the listener's curiosity. It makes them wonder what "it" is, and this spike in curiosity makes them want to learn more.
The Power of "But." The word "but" negates everything that comes before it. In this context, it emphasizes the potential value of what you're about to offer. The listener's subconscious hears, "You might want to look at this," making them more receptive to your message.
Versatile Application. This phrase can be used in various situations, from introducing a new listing to offering a service. It's a versatile tool for opening doors and creating opportunities without being pushy. The goal is to pique interest and invite further exploration, rather than forcing a decision.
4. Turn Objections into Opportunities
What Makes You Say That?
Objections as Questions. Treat every objection as a question in disguise. This mindset allows you to regain control of the conversation by responding with a question of your own. Instead of directly refuting the objection, seek to understand the reasoning behind it.
The "What Makes You Say That?" Response. When faced with an objection, simply ask, "What makes you say that?" This prompts the other person to explain their thinking, giving you valuable insight into their concerns. It also prevents you from making assumptions or jumping to conclusions.
Uncover Underlying Concerns. By asking "What makes you say that?" you encourage the other person to reveal the true source of their hesitation. This allows you to address their concerns directly and offer solutions that alleviate their fears. It's about turning a potential roadblock into an opportunity to build trust and understanding.
5. Create Urgency and Motivate Action
How Would You Feel If?
Motivation Through Emotion. People are motivated by two primary factors: avoiding a loss or acquiring a gain. Understanding these motivators is crucial for influencing behavior. However, decisions are always made for emotive reasons first. Something needs to feel right before it can ever make sense.
Future-Pacing with "How Would You Feel If?" This phrase allows you to transport the other person to a future scenario and imagine the emotions they would experience. By highlighting both positive and negative outcomes, you can create a compelling reason for them to take action.
Contrast and Movement. The greater the contrast between where someone doesn't want to be and where they hope to be, the more likely they are to move. Use "How would you feel if...?" to create a vivid picture of the potential consequences of inaction, driving them toward a decision.
6. Use "Magic Words" to Build Trust and Rapport
I Bet You’re a Bit Like Me
Finding Common Ground. Building trust is essential for any successful relationship, especially in real estate. The phrase "I bet you're a bit like me..." is a powerful way to establish common ground and create a sense of connection.
Reasonable Agreement. By prefacing a statement with this phrase, you invite the other person to agree with you. As long as your statement is reasonable and relatable, they are likely to concur, creating a sense of shared understanding.
Gathering Evidence. This technique can be used to gather evidence to support your recommendations. By getting the other person to agree with certain principles or values, you make it harder for them to object to your proposals later on. It's about building a foundation of trust and agreement before presenting your case.
7. Master the Art of Follow-Up
I’m Guessing You Haven’t Got Around To
Addressing Fear of Contact. Following up with potential clients can be daunting, especially if you fear they haven't taken the desired action. The phrase "I'm guessing you haven't got around to..." allows you to address this fear head-on.
Saving Face. This phrase allows the other person to save face while also preventing them from using common excuses. By suggesting they haven't completed the task, you prompt them to either confirm their progress or commit to taking action.
Disarming Excuses. By using the words you fear they may use against you, you disarm them and create a scenario where they must either rise to the occasion or explain why they haven't. It's a proactive approach that keeps you in control of the conversation.
8. Close with Confidence and Clarity
What Happens Next
Leading the Decision. Many conversations stall because no one takes the lead in making a decision. As a real estate professional, it's your responsibility to guide the conversation toward a close.
"What Happens Next Is..." This phrase signals that it's time to move from discussion to action. It allows you to outline the next steps in the process, providing clarity and direction.
Effortless Questions. Finish the process with a question that is effortless to answer is the key to gaining a rapid response and a positive outcome. The easier the question is to answer, the easier you gain your decision. Having a concise and constructive “what happens next” conversation will mean that you successfully close far more conversations in the first meeting and make more happen in the moments that you have with people.
9. Leverage Social Proof and Positive Framing
Most People
Safety in Numbers. People take confidence from knowing that others like them have made a similar decision and achieved positive results. Highlighting what "most people" do can be a powerful way to influence behavior.
Subtle Guidance. People don't like being told what to do, but they do like to know what to do. By explaining what "most people" would do in their situation, you provide guidance without being pushy.
Positive Spin. The Magic Words, “The good news is...” as a preface to your chosen point ensures that the recipient has to accept the label you have attached to it. This optimistic spin can help you face negativity in your life, prevents you from ending up in a self-sabotaging conversation of blame and pity and helps you start to build in a new direction.
10. Ask for Referrals the Right Way
A Favor
The Power of Reciprocity. Success in life and business is rarely achieved without the support of others. Asking others to support your own objectives has the power to significantly increase the chances of you achieving them.
Timing is Everything. The best time to ask for someone's help is in the very moment when they feel indebted to you. This often occurs after you've delivered significant value or exceeded their expectations.
The Referral Script. The best time to ask for someone’s help is in the very moment when they feel indebted to you. All this means is, the next time you hear the words “Thank you” from your client or prospect, use that as your cue to ask for “a favor.”
11. Adapt Your Language for Marketing Success
Simple Swaps
Subtle Changes, Profound Results. Even the subtlest changes in wording can have a significant impact on outcomes. This section highlights two specific examples of how to phrase questions to increase your chances of success.
From Self-Sabotage to Amplification. The first example focuses on preventing a common mistake made at the end of presentations. Instead of asking, "Do you have any questions?" which suggests they should have questions, ask, "What questions do you have for me?" This subtle shift encourages a decision rather than creating doubt.
Open-Ended Inquiry. Swap the closed question “Are you working with an agent?” to the assumptive and more open question “Who is your Realtor?” and watch how many more of your visitors admit to not being locked into anyone specific, and those who are already committed now share more with you about their position, empowering you with increased information for you to help them in their decision-making process.
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FAQ
What's "Exactly What to Say: For Real Estate Agents" about?
- Communication Focus: The book emphasizes the importance of effective communication in real estate, highlighting how the right words at the right time can influence client decisions.
- Magic Words: It introduces "Magic Words," which are specific phrases designed to influence and persuade clients subconsciously.
- Real Estate Specific: This edition is tailored for real estate agents, providing scenarios and examples relevant to their daily interactions.
- Partnership with Curaytor: The book was produced in collaboration with Curaytor, a company known for its expertise in real estate marketing and technology.
Why should I read "Exactly What to Say: For Real Estate Agents"?
- Improve Sales Skills: The book offers practical advice on how to enhance your sales conversations, making it easier to close deals.
- Gain Confidence: By knowing exactly what to say, agents can approach conversations with more confidence and reduce the fear of rejection.
- Tailored for Real Estate: It provides specific examples and scenarios that real estate agents face, making the advice directly applicable.
- Proven Techniques: The methods are based on Phil M. Jones's extensive experience and have been tested in various industries, including real estate.
What are the key takeaways of "Exactly What to Say: For Real Estate Agents"?
- Magic Words: Learn 31 sets of "Magic Words" that can influence client decisions and improve communication.
- Control Conversations: The book teaches how to maintain control in conversations by asking the right questions.
- Overcome Objections: It provides strategies to handle common objections and turn potential rejections into opportunities.
- Field Guide: Includes a Field Guide with specific phrases for different real estate scenarios, enhancing practical application.
How does Phil M. Jones define "Magic Words"?
- Subconscious Influence: Magic Words are designed to speak directly to the subconscious brain, which is decisive and quick to respond.
- Rejection-Free: They help introduce ideas without the fear of rejection, making conversations smoother and more productive.
- Frameworks and Phrases: The book provides both specific phrases and frameworks to help agents craft their own effective communication strategies.
- Proven Results: These words have been tested and proven to deliver results in the real estate industry.
What are some examples of "Magic Words" from the book?
- "I'm Not Sure If It's for You, But": A phrase to introduce ideas without pressure, increasing curiosity and engagement.
- "Who Do You Know?": A way to generate leads by asking for referrals indirectly.
- "Open-Minded": Encourages clients to consider new ideas by appealing to their desire to be seen as open-minded.
- "How Would You Feel If?": A technique to evoke emotional responses and motivate clients to take action.
How can "Magic Words" help in overcoming objections?
- Create Doubt: Phrases like "How Certain Are You?" introduce doubt in a client's current decision, opening them to alternatives.
- Reframe Conversations: "What Makes You Say That?" helps agents regain control by prompting clients to explain their objections.
- Encourage Exploration: "Could It Be Possible?" suggests alternative perspectives without confrontation, encouraging clients to reconsider.
- Emotional Appeal: "How Would You Feel If?" uses emotional scenarios to shift client perspectives and motivate decisions.
What is the "Field Guide" in "Exactly What to Say: For Real Estate Agents"?
- Practical Application: The Field Guide provides specific phrases and scenarios for real estate agents to use in their daily interactions.
- Common Situations: It covers lead generation, conversion, customer service, and referrals, offering tailored advice for each.
- Quick Reference: Agents can use it as a quick reference to find the right words for various situations they encounter.
- Enhances Learning: By applying the Magic Words in real scenarios, agents can better internalize and utilize the techniques.
What are the best quotes from "Exactly What to Say: For Real Estate Agents" and what do they mean?
- "The worst time to think about the thing you are going to say is in the moment you are saying it." This emphasizes the importance of preparation and knowing your script to communicate effectively.
- "Change your words. Change your world." Highlights the transformative power of language in influencing outcomes and achieving success.
- "Questions start Conversations, Conversations build Relationships, Relationships create Opportunities, Opportunities lead to Decisions." This outlines the process of effective communication leading to successful sales.
- "Most people put the words 'most people' into their daily conversations, and most of those people see an immediate positive effect." Suggests the power of social proof in influencing decisions.
How does the book suggest handling difficult conversations?
- Preface with Questions: Use phrases like "Help Me Understand" to invite clients to explain their perspectives, reducing confrontation.
- Rejection-Free Introductions: Start with "I'm Not Sure If It's for You, But" to introduce ideas without pressure.
- Empathy and Understanding: "How Would You Feel If?" helps agents connect emotionally with clients, making difficult topics easier to discuss.
- Control Through Questions: Maintain control by asking questions, as the person asking questions is in control of the conversation.
What strategies does the book offer for lead generation?
- Indirect Referrals: Use "Who Do You Know?" to generate leads through referrals without directly asking for them.
- Curiosity and Intrigue: "I'm Not Sure If It's for You, But" can pique interest and lead to new opportunities.
- Open-Ended Questions: Encourage conversations with potential leads by asking open-ended questions that invite engagement.
- Field Guide Support: The Field Guide provides specific phrases and scenarios to effectively generate and convert leads.
How can real estate agents use "Magic Words" in marketing?
- Email and Social Media: The book provides templates for using Magic Words in digital marketing to attract and engage clients.
- Overcome Objections: Use phrases like "How Certain Are You?" in marketing materials to address and overcome common client objections.
- Create Urgency: "Just Imagine" can be used to paint a vivid picture of benefits, creating urgency and desire.
- Build Trust: "I Bet You're a Bit Like Me" helps build rapport and trust with potential clients through shared experiences.
What is the role of Curaytor in "Exactly What to Say: For Real Estate Agents"?
- Collaboration: Curaytor partnered with Phil M. Jones to adapt the book specifically for the real estate industry.
- Expertise: Known for their marketing and technology expertise, Curaytor contributed to the book's practical applications and examples.
- Field Guide Development: They helped create the Field Guide, providing real-world scenarios and phrases for agents.
- Marketing Templates: Curaytor offers additional resources, such as marketing templates, to help agents implement the book's strategies effectively.
Review Summary
Exactly What to Say receives high praise from readers, particularly real estate agents. Many find the book's "magic words" and persuasion techniques valuable for improving client communication and closing deals. Readers appreciate the practical examples, ethical approach, and confidence-building strategies. The book is seen as beneficial for both new and experienced agents. Some reviewers note its brevity as a strength, while a few find it too sales-oriented. Overall, most readers consider it a worthwhile investment for enhancing their real estate communication skills.
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