Wednesday, June 17, 2009

What If They Changed The Locks?

What if we showed up to our offices tomorrow and couldn't get in because someone had changed the locks? Well, first I'm sure we'd try the key a few more times. Then I think we'd look to make sure we were standing in front of the correct address and door. We might even summon a passerby to try the key for us.

Wait a minute, no one could have changed the locks without us knowing about it because we have the only key. Maybe that's the case, maybe not.

As far-fetched as it may sound, some of us are being locked out of the marketplace - so we might as well be locked out of our offices.

How are we being locked out? By not keeping up with the market - with repricing strategies, new appraisal models, comps, short sales, foreclosures, standing inventory, concessions. By not keeping current on selling skills - communication, presentation, closing, objections. By not being prepared to compete. By not understanding the buying behavior of our target audience and what people want in a shopping experience. By not keeping current with technology.

Tomorrow when we do put our key in the lock and it does open, let's take than as a reminder to get busy doing what we need to do to remain in business and compete effectively in a world that has changed dramatically from just a couple of years ago.

For more information about my consulting, teaching, and coaching services visit my website at stevehoffacker.com. I also maintain a blog (Sales Quips) on the real estate network Active Rain, and you can begin participating in this great forum by visiting here. I also write and maintain blogs for Gold Coast SMC and Florida SMC. © 2009, Steve Hoffacker. All Rights Reserved.

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