Feature Article #1

Old fishermen never lie …..

(Things I’ve learnt about the real estate business from fishermen) written by Tony Rowe

Spend time in a boat with a fisherman and you are bound to get some advice. I’ve spent some time on the Manning, Hastings, Clarence and Richmond Rivers over the years - and some of the advice the old fishermen [...]

admin | October 29th, 2008 | Continued

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Feature Article #2

Real Estate Managers Success Guide 2

The latest product in the ‘Sales Managers Success Guide’ audio series designed specifically for Real Estate Principles and Sales Managers
Brought to you by Grant Thorpe Global Real Estate Coach and Jeff Miles ‘The Business Doctor’ they share their clever ideas and strategies to:
Coach Salespeople like a Sports Team
Create the Right Culture
Create Profit and Freedom
and give [...]

admin | July 21st, 2008 | Continued

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Feature Article #3

Getting out of your own way

One of the major obstacles we have to overcome is our selves. We simply get in the way of our own journey.
This style of obstruction comes mostly from our belief systems, what we believe to be true, even if it is completely wrong. For many of us, these beliefs, about what is fair, the way [...]

admin | July 14th, 2008 | Continued

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Feature Article #4

The Power of Written Testimonials

Sales people often make the big mistake of trying to build a successful career on their own, without any help from their ‘Sphere of influence’.
Well a big part of that Sphere of influence is their current and previous clients. These people, if you have done your job well should be very happy with your service [...]

admin | July 14th, 2008 | Continued

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Feature Article #5

The Marketing Matrix

The Marketing Matrix Audio - Listen to it Here ( easy to download for all levels of internet speed)
Listen to this 60 minute teleseminar where Grant Thorpe Global Real Estate Coach shares his unique plan about how to roll out a marketing strategy into your market place, week in, week out, all year, on auto-pilot. [...]

admin | April 28th, 2008 | Continued

About this Site

As your host, Global Real Estate Coach and Mentor, Grant Thorpe brings to you the ‘Real Estate Training Vault’. A site dedicated to bringing you the resources you need to Double or Triple your income through Real Estate sales starting right now!

Other Recent Articles

Unleashing The Idea Virus

Seth

Seth Godins Book ‘Unleashing The Idea Virus’

For your Free Copy download it here.

Godin himself notes that much of the content of his book (and his earlier Permission Marketing) seems obvious. Yet, as he goes on to show convincingly, that which is obvious has rarely been practiced. When you read Godin’s thoughts about permission marketing and ideaviruses, they may sound obvious yet almost all marketers continue to throw huge sums of money at old-fashioned interruption marketing. The infamous peak of this was the spurt of expensive Superbowl ads by transient e-tailers.

Like his previous book, Godin’s Unleashing the Ideavirus entertains the reader while successfully setting off bursts of ideas along the way. Rather than marketing at the consumer, Godin’s approach seeks to maximize the spread of information from customer to customer. The book provides the expected examples of successful ideavirus marketing, then develops a recipe for concocting your own ideaviruses. In order to show how to make your idea infectious, the book examines what makes a powerful ’sneezer’, how ‘hives’ work, and applies the concepts of critical velocity, vector, medium, smoothness, persistence, and amplifiers. As Godin shows, the now-familiar idea of viral marketing is one very specific form of ideavirus marketing. Most businesses will not be able to engage in true viral marketing, but all can use the ideavirus approach.

While you may finish Unleashing the Ideavirus thinking that you really did not learn anything drastically new, it is unlikely that you will feel that you’ve wasted your time. Godin has once again written an enjoyable book that cleverly packages important ideas that have obvious practical use. Any book like this that causes the reader to continually stop and rapidly jot down ideas to implement is well worth the hour or two it takes to read.

Reviewer:Max More, Ph.D. from Marina del Rey, CA USA

Property Management Strategies 1


At last an Audio CD series dedicated specifically to ‘Property Management’ Business Strategies.

Presented by Grant Thorpe Global Real Estate Coach and Jeff Miles ‘The Business Doctor’ this CD set (which includes a second bonus CD on the secret to ‘Harvesting property Management’) has been designed to give you the plan you need to grow your Property Management business dramatically in the next twelve months.

Why wait for natural organic growth, get out there and take the share you deserve! Implement Grant and Jeff’s ideas to move fast and profitably into the big league!
Included Bonus CD Two ‘Harvesting’ - How to extract hundreds of thousands of dollars each year from your property management business and still own the asset.

Only A$67.00

Worth a thought?

Teamwork

One of the most difficult things for a business to do (but one of the most important, as well) is to develop a strong team ethic and a whole team focus on the activity of the business.

It can have a serious impact on the success of a business operation if there is a “team of individuals”, rather than “individuals who are part of a team”.

There is no “I” in “team”, so if there is a person on the team who does not understand the contribution, importance and functions of all the other members of the team in the success of the team – then that is likely to be where a problem occurs in the cohesiveness of the team, and therefore, in the effectiveness of the business operations.

Being part of a team means more than wearing the corporate uniform or logo. It is important to have a shared understanding of, and commitment to, the goals of the organisation.

This shared focus has to come from all those who are part of the organisation – senior members of the team pass their knowledge and understanding of the team culture onto newer members of the team. This transfer of culture and spirit is a time-honored tradition!

To fill a vacancy on the team with an “outsider” who has not had some induction to the way the organisation functions can be a recipe for disaster. Even a “marquee player” (a crowd favourite, capable of bringing lots of additional sponsorship dollars) can be a liability if the other members of the team and support personnel are put offside by the marquee player’s attitude and behaviour.

We could draw some pretty interesting sporting analogies from this. Any sporting team relies on the collective contribution of all members to achieve success. Stronger performers stand out, but they can also be called upon (relied upon, if it’s a good team) to compensate and accommodate the weaker performers until the weaker members are able to reach the required standard.

It doesn’t take long for most people to recall some sporting team or event where the result was not what was expected – and the result was determined by the team not functioning as it should have on the day, or by an individual not performing up to the standard expected. There may well have been many explanations for that sub-standard performance, but fact remains, the team lost!

Training & development is essential. Performance under “match conditions” is desirable before the real game. It would be foolhardy to put an unknown performer into a grand final situation without having been trained and tested for their skill level at some stage prior to (or as part of) the selection in the team.

Role plays, scripts & dialogue training, presentation skills all contribute to the “tool box” of skills of the polished performer. Some require less training than others; there are some “naturals” in most fields; but mostly what is required is hard work and plenty of preparation before someone is able to claim the mantle of “expert” – or even to claim to be “proficient”.

To be able to provide a development pathway for junior staff is a great incentive for business to lift their staff retention rate. There’s plenty of discussion about how to deal with Gen X-ers and Gen Y’s. Baby boomers are not necessarily the easiest in the world to deal with either. An individual approach is generally required in this industry – one size does not fit all.

An attitude of “my way or the highway” is likely to generate some significant staff turnover and the costs to any business associated with a high staff turnover rate are not small! It might be worth the investment to ensure the people selected to work for your organisation are suitable in the first place, and that there is a serious induction program, possibly a mentoring program, and most definitely, some regular monitoring of progress with a view to developing staff skills so that they don’t become another turnover statistic.

Real estate is a people focussed industry. The “marquee players” all have very effective support teams working with and for them. They have become “marquee players” because of the development processes and programs that they have gone through. Their skill and knowledge was gained, usually, over a long period of time. There are very few instances of an “overnight success”.

A development pathway for staff should encourage both formal and informal learning. Sometimes, new staff learn more via the informal pathway, than they do in a formal situation. It is important to recognise the value and import of both.

“Monkey see, monkey do” may or may not be what is required in your agency! It all depends on what monkey sees! Formal development can occur in staff meetings or mentoring sessions; it could even happen in a CPD session (if you are lucky!)

Correct selection of mentor/trainer/coach is important to the success of any development program. The coaching staff have a major influence on the outcome of an athlete’s performance. Going beyond the sporting field, film directors and orchestra conductors also impact on the actual performance of those under their care. So it is with the principals, Licensees-in charge, and/or office managers when it comes to effective and efficient agency operations.

“Climate control” is an essential element to the smooth functioning of any business. It is especially so in a real estate office where pressure can mount pretty quickly in a variety of circumstances. This needs to be controlled. Climate can also be defined as morale – and if morale is high, then things will flow smoothly. If morale is suffering a little (for whatever of a myriad of reasons) then it can turn the heat up quickly – often without much of a cause!

Team morale is important. Victories should be celebrated and shared. Those who have contributed should be recognised. Losses should be shared as well – a burden shared, is load lessened.

The whole team has contributed (in varying degrees, of course) to the outcome in some way, shape or form. Whether it was a victory or a loss, the outcome should be analysed and lessons learnt from the whole process. What worked well? What could do with improvement? What strategy/technique should not be repeated under similar circumstances? If the “post mortem” is kept positive, then the outcomes will be beneficial to the whole team.

The team culture is an important consideration as well. The beliefs, rituals and values that underpin how things are done are as much a sign of your business principles and practices as the branding and logo of your business. The development of a team culture, and the projection of that culture to the community your business services, is important to the longevity and success of that business.

Business owners should focus on the team outcomes. Individual performance is important too – and a development process is important to the achievement of the team goals.

Use whatever development processes are suitable (training, coaching, mentoring, role plays, demonstrations) but remember, they are tools - a means to an end. The end result is the success of the business – and the individual performances that lead to the success of that business are important and should be recognised and rewarded.

Everyone can find areas for improvement. Sometimes, large-scale change is required. At other times, specific pressure points require attention. This may involve individuals, organisational units or processes. Whatever it is, review and revise constantly to ensure you “stay ahead of the game” and ahead of your competition.

Tony Rowe is General Manager of Corum Training, a specialist provider of training to the property sector in NSW. Corum Training has fully qualified trainers with extensive knowledge, expertise & experience in the delivery of assessment & training services in real estate across Australia and New Zealand.

Tony can be contacted on 1300 793 723 or www.corumtraining.com.au

The Charity Auction Report

In the 5 page report find out how to organize and run one of the best community marketing strategies in the real estate industry - the Charity Auction.

We all know that to often real estate agents are labeled as, take, take, take but now is the time to position yourself as one of the few that actually give back to the community that funds your personal success. Find out how to get started in community marketing, how to gather people around you to create this event and most importantly how to promote it to be an annual must attend event in your town.

An event branded by you, owned by you, but for the benefit of the people in your town.

Fast track your community marketing program by ordering your copy today and get started this very week to select the charity who will benefit from your efforts.

Order this 5 page report here for only A$9.97

CIA - Client Investment Marketing Teleseminar

THE CIA
Listen to this 45 minute teleseminar where Grant Thorpe Global Real Estate Coach as he shares his scripts and dialogues on Client Investment Marketing with a small office team as they ask real questions in real time.

Grant shares his views on where the international marketing mix is heading, how you can create a unique marketing program for every one of your listings and best of all how to ask for the marketing investment payment on the day, so you leave with a serious commitment to get the home sold.

Grant will also show you how to increase your personal profile to be seen to be the biggest and best agent in town, not just from the ‘advertising profile’ but because you have the highest chance of getting your sellers home sold within the first 28 days at the best possible price.

Get started now and make this year your best one ever.

Order this 45 minute teleseminar

Download the audio here for *Free* just click on the add to cart button below.

This download as been designed for all levels of internet speed.

Hi Grant, thanks so much for sharing the Investment marketing training with us through this teleseminar recording. Just an update on whats happened since we listened to it.
Internally we have updated our Sales support docs to sell Investment marketing, reassessed & increased the dollar amount of Investment Marketing Options we were going to offer and started team scripts training.
Since then we have listed 6 properties all with Investment Marketing & are going through our current listings to gain some Investment Marketing from them - currently 3-4 have agreed to additional marketing.
This week we have 1 1/2- 2 full pages of ‘Seller Paid Advertising’ newspaper ads for the first time, plus have additional Investment Marketing Internet ads on realestate.com
As a team we are all now all convinced of the benefits of selling Investment Marketing to clients & are excited of the dual benefit of increasing our own market place profiles.

Ray Krebs Director L.J Hooker Warrnambool Victoria Australia