Lynn
Kaiser Conrad, CRS, GRI, has been
active in the real estate industry for 14 years as a
salesperson, trainer, manager, and consultant. She has
had many articles on real estate-related topics published.
Lynn can be reached by phone at 781-444-4688.
Every Company Must Have
A Proven
Hiring Process In Place And Ready
"Hiring
Quality People Is Not An Accident"
Remember
the Clairol television commercial that asked the million dollar
question:
"Does she or doesnt she?" The casual or discerning
observer wouldnt be able to determine if her hair color
was natural.
Whether you are a novice or a seasoned interviewer,
during the interview, it is sometimes difficult to see someones
true nature. Therefore, it is possible for someone to color
or disguise certain personality traits by giving the "right" answers
but not necessarily the true answer.
Employers need to have hiring systems in place.
Regina Brown, who holds an M.S. in Industrial Organizational
Psychology says,
"Its a prudent business practice. Every company
should have a hiring process. Of course, larger companies are
exposed to greater liability just because of their sheer numbers,
but smaller companies benefit by not wasting time needlessly."
These systems should encompass all hiring phases.
Brown states the hiring process should include receiving data
on a resume or application, background and reference checks,
personality, aptitude, or skill evaluations and the interview.
All too often real estate brokerages hire anyone
just to bulk-up the numbers with the idea that everybody is
good for at least one sale a year. However, through proper
selection, the salespeople one hires may be worth 10-15 sales
per year.
HIRE BY DESIGN
Hiring better quality people is not an accident.
Those firms that post the highest per person production numbers
do so by design, although many people are not aware of the
conscientious preparation required.
Most interviewers believe that by using a series
of specialized questions, they have attained the optimum level
of professionalism. While effective questioning has merit,
it is not the beginning and the end.
"First a company must do a job analysis
to determine the needs of the position," states Brown. "The
analysis must not be based solely on the managers opinion
of the position but on the actual skills and components necessary
to accomplish the goals."
This is the discovery phase and must be completed
at the beginning of the process. Ideally this should be done
before the job exists, during the development of the position.
If the position has been in place, this analysis remains valuable.
Once that is complete, determine which skills are learned and
which are innate. If someone does not possess the fundamental
qualities to succeed in the position, management will exhaust
its resources trying to develop that person before finally
deciding to remove the individual.
Hiring new personnel is very expensive. The cost
of hiring the wrong person is directly expressed in dollars
and cents. It is logical, therefore, to invest those same resources
or a portion of them to develop effective hiring methods. Brown
recommends following standard procedures for any size firm
and says, "Smaller companies often have fewer financial
resources, so by using a process with evaluators, they are
able to sift through candidates quickly, thus saving hours
of labor. The smaller company can then only interview candidates
who have the qualities needed. Also, lawsuits are expensive.
For a large company with greater exposure, having a verifiable
system in place can save lots of litigation dollars if a disgruntled
candidate should challenge why they were not selected for the
position."
There is also a cost attached to morale. Hiring
the wrong person takes an emotional energy toll on all of those
who must interact with the hire. Co-workers will repeatedly
teach the same skills, some may just do their job for them
and management may be reluctant to admit their misjudgment
in hiring the wrong person. All of these factors affect morale,
which is a lot more difficult to convey into dollars, but it
too will make a direct adverse financial impact on the bottom
line.
Lynn Kaiser
Conrad
Dianna
Booher, author and speaker, is CEO of Booher
Consultants, a Dallas-based communications training firm. Her
programs include communication (writing, oral presentations,
interpersonal relations, customer service, gender, listening,
meetings, conflict) and life balance/productivity. She has published
40 books, including E-Writing: 21st-Century Tools for Effective
Communication (PocketBooks, February 2001), Communicate with
Confidence (McGraw-Hill), and The Worth of a Woman's Words (Nelson-Word).
Several have been major Book Club selections. Call 817-868-1200
or visit www.booher.com.
Leaders
Who Are Believed, Survive
"Honesty:
The Pearl Of Great Price"
Delivering
on promises. Being on time. Carrying out instructions by their
intent, not just their letter. Being trustworthy. Refraining
from destructive gossip. Taking the extra effort to do things
the right way. These often unnoticed qualities add up to the
highly significant issue of credibility.
Whether you're delivering a presentation
to a somewhat skeptical homeowner who plans to list her home,
or before the head of a firm's relocation department, or advising
your own personal staff, your credibility as a communicator
-- or lack of it -- will decide your eventual success or failure.
Napoleon said, "In war, three-quarters
turns on personal character." Charles Reade echoed those
sentiments, "Sow an act, and you reap a habit. Sow a habit,
and you reap a character. Sow a character, and you reap a destiny."
Nowhere is credibility more crucial than
in business where decisions must be made confidently, people
must be trusted completely, and work must be done correctly.
What you say and how you say it, what you do and how you do
it will determine your credibility which in turn will determine
your tactics and your future.
Credibility is a characteristic of your choosing
and it can't be handed down, bartered, or bought. It must be
developed day by day, decision by decision, action after action.
FIVE
NECESSARY STEPS
Here are some steps for the development of
meaningful credibility.
1.) Be Concerned
People tend to trust people who show concern
for them. When they bleed, they want to know others bleed with
them. Even companies and sales agents to be successful have
to project concern over self-interest in troubled times.
During times of corporate crisis, be it mismanagement,
personality conflicts, product defects, or outside concerns,
companies and professionals with credibility are those who not
only solve the problems fully and honestly but comfort those
affected.
2.) Be Competent
While compassion is admirable, leaders also
have to get their facts right. That's why people flock to experts,
top producers, wise decision-makers, and winners. People don't
intentionally invest their money in poorly performing stocks;
neither do they put their trust in people they doubt can deliver
the goods.
Followers need to have faith in the competence
and performance of those they look up to. They want to know
those they put their trust in can, for instance, get a property
sold, or turn the company around.
3.) Be Correct
Few people set out to be incorrect; it's
just that when they have missing, incomplete, or unreliable
information, they tend to make false assumptions or reason incorrectly.
Because we test validity on important matters
by considering the source, a track record of accuracy and reliability
is critical.
It should be the guiding principle of all
trainers or business managers to first focus on getting the
facts straight, giving current statistics, and providing complete
information.
4.) Be Consistent
We communicate by actions as well as words
-- by what we say and don't say, by which policies we enforce
and don't enforce, and by behavior we reward and punish.
To be credible, our words must match our
policies, performance, principles, and plans over a sustained
period of time.
5.) Be Clear
Sometimes the better we understand something
the worse job we do of explaining it; our familiarity makes
us careless in describing it.
Meanings depend on context, tone, timing,
personal experience, and reference points. Any imbalance or
ambiguity can turn even the most innocent communication into
a major misunderstanding.
A common culprit is exaggeration. Was the
score a "blowout" or 28 to 24? Did you have to wait
"forever" or half an hour? Was the caller "out
of control" or defensive? Exaggeration makes great humor
but destroys credibility.
Credibility is that unseen element that permeates
your every action, word, and attitude. Leaders who have it gain
loyal followers. Leaders who lack it will always be second-guessed
... and second rate.
Dianna Booher
John
R. Graham is president of Graham Communications,
a marketing services and sales consulting firm. He is the author
of The New Magnet Marketing (Chandler House Press),
the updated version of his original book, Magnet Marketing,
and 203 Ways To Be Supremely Successful In The New World
Of Selling (Macmillan Spectrum). Mr. Graham writes for
a variety of publications and speaks on business, marketing
and sales topics for company and association meetings. He is
the recipient of an APEX Grand Award in writing. He can be contacted
at 40 Oval Road, Quincy, MA 02170. 617-328-0069; fax 617-471-1504.
Lgraham@grahamcomm.com.
Web site:www.grahamcomm.com.
Fighting The Status Quo
"A
Rolling Stone Gathers The Complacent"
If we want to succeed in business,
the best place to begin is by getting tough on ourselves. No
matter what business you are in, the demands and expectations
are increasing, and theres less time and patience for
getting the job done. More hours, more responsibility and more
knowledge are the ingredients for success.
The work ethic is changingto meet new demands. No longer does
hard work alone count. Were in a performance-based business
world that requires more than long hours. To become oriented
in the new direction, here are several concepts for success
in a career or in running a business. In order to get to the
top, get tough with yourself.
If
you think youre doing your job, youre obsolete.
Only The Paranoid Survive,
is the provocative title of Intel chairman Andrew S. Groves
book. Its easy to spot those who believe they have mastered
their craft; they are oblivious to whats going on around
them and have become functionally obsolete. What they do, they
may do well. Unfortunately, it is not enough.
If
you think you fully understand whats happening, you will
never get up to speed.
Any business that depends on
a fax machine, for example, is out of the mainstream. Its
easy to understand yesterdays technology and issues. If
you do, youre behind the curve. The best strategy is to
get on the front of a curve by embracing new technology, anticipating
trends and seeking new information -- and stay in front of that
curve.
If
you talk about what youve accomplished, youre useless.
Humans seem to enjoy the past,
but past accomplishments are todays unwanted baggage.
If you talk about past successes, you can be sure youve
stopped learning and that renders you unnecessary. If
an organization stops improving, says Gene C. Wright of
Andersen Consulting, it quickly loses competitive advantage.
This applies to individuals, too.
If
you feel youve paid your dues, your career (or your business)
is bankrupt.
The idea that you can earn a
permanent place at the table is gone. The dues are never paid
in full. Anyone who has been in the work force for more than
15 years must undergo what can be called work concept
reversal. The old thinking held that the longer you were
in a career, the easier it should become. Work concept reversal
holds that we should expect demands to increase over time and
theres no room for stepping back. If the time
comes when you start losing responsibilities, you are on the
way out.
If
youre glad you have a job with little stress, you wont
have it for long.
While there are those who hold
that stress is the current workplace enemy, the real culprit
may be the notion that stress is abnormal. What may be harmful
is the inner turmoil that develops when we act as if pressure
or stress is inappropriate. The issue is learning how to cope
with business life: only those who can survive in this environment
will flourish.
If
youre not taking risks, you have nothing to contribute
thats of value.
Theres no advancement
for those who play it safe. Risk taking is the mental attitude
that cuts costs, provides better and more timely service and
finds solutions where there are obstacles. If youre not
coming up with new solutions, new ideas and new answers, youre
not needed. The way to get ahead is to be a resource for your
company, whether you own it or work for it.
If
youre not focused on the present, there is no future.
The people who are most valuable
to business organizations have an ability to separate themselves
from both what happened yesterday and what might happen tomorrow,
and focus totally on the now. If they are in sales, they listen
to the customer instead of trying to get the customer to listen
to them. If they are in management, they tune out themselves
so they can hear the message.
If youre not willing to put yourself
on the line, youll hang on it.
Taking responsibility is perhaps
the most necessary quality in running a business or working
in one. Yet, most people spend time avoiding it in a futile
effort to protect themselves from possible criticism. Respect
for responsibility is the missing ingredient in too many organizations.
We live in a no excuses environment.
If
you believe this is just the Information Age, youre out
of touch.
The idea of the Information
Age, with its incredible emphasis on the availability of data,
tends to obscure the need for concepts. This is the Age of Information
Organization. Simply having more information at our fingertips
is irrelevant unless you know how to process that information
in productive ways. The ability to link and interpret information
in meaningful ways is the key.
If
youre not wired, youre no longer connected.
And if youre not connected,
youre nowhere. The key is being connected and this runs
counter to those who want to go on vacation so they can be
away from the telephone. Thats past. If youre
out of the loop for even short periods, someone else has filled
the gap. Theres no time for a pause.
Only those who are relentless
in making sure they are ahead of the curve are valuable both
to themselves and their companies.
--
John R. Graham
Hal
Douthit is a creator of Re/Ad, the computer
adwriting program for real estate. He is publisher of 19 Homes
Illustrated magazines and 13 newspapers. He is a graduate of
Yale College and Columbia Graduate School of Journalism. Contact
him via e-mail: hal@adwriter.com;
mail: Box 760, Sandusky, Ohio 44871; phone: 419-621-2142; fax:
419-621-2134 or visit his Web site at:
www.adwriter.com. Hal is a regular contributing columnist
to The REAL ESTATE PROFESSIONAL
Ad Writing:
Do's And Don'ts
"Great
ads keep the wolf from your door"
As Ive written many times
before, advertising is talking to strangers and getting
them to talk back to you. Before you advertise you've
probably tried all possible contacts but without success. If
so, its now time to throw out a wider net -- its
time to advertise.
When
you advertise in a major media -- widely circulated homes magazine,
daily or weekly newspaper, radio or TV, the Internet -- you
are going beyond your personal coterie. You are trying to strike
up a conversation with strangers who, in all likelihood, dont
know you and are reading your ad solely because they want to
compare and contrast what you have to offer with other offers.
All your honors, awards and
multi-million dollar years are as nothing. The strangers reading
your ad are the original to heck with what you have done
before -- what can you do for me now? folks. That said,
you must first attract and hold their attention with a solid,
convincing ad before they look to see who you are. To accomplish
this, first learn the secrets of the pros.
FOUR
NEGATIVES TO AVOID
To help you attract these tough
hombres -- and they are the plus business you need to survive
-- there are four major areas you must avoid if you want these
strangers to go beyond the listing and find out about you.
1.) Never leave out the asking
price. You may think youre smart doing so and that
you will force a call. Nonsense. Youll be lucky to get
any calls at all.
2.) Never leave out the address.
Once again, a leave-out angers the buyers by defying
a time-honored buyer method of evaluating a homes real
appearance and location, which is ascertained by a drive-by.
Your ad will have to be awfully provocative and the picture
exceptionally clear to force a call. You only frustrate would-be
buyers.
3.) Never confuse the word
house for home -- in or outside
of an ad. Take a leaf from the new homebuilders. They long ago
banished the word house from their lexicons. They
know they dont sell bricks, mortar and floor plans. They
sell dreams. So do you.
4.) Never use abbreviations
beyond the standard, well-understood br and ba. Readers
hate a tangle of abbreviations and will skip over your tortured
lines, shortcut words in a wink. If you are loading your lines
with abbreviations, you are trying to tell too much -- the details
are your on-the-site job. A good ad whets the appetite
for the home, hits the high points and invites a look-see.
FOUR
POSITIVES TO USE
Now that youve eliminated
the four negatives, lets turn to four positives.
First:
Write strong, compelling headlines. No ad must ever be without
a headline. From the earliest days of Sears Roebuck and Montgomery
Ward catalogues and newspaper ads, the headline has been a must.
Now, with ever-increasing evidence from cognitive psychology,
it is clear that the trigger to any action is emotion -- which
you may read as a headline -- that can be provocative or focused
or metaphorical, or all of the above. If the right brain doesnt
kick in, nothing ... nothing ... happens. Simple. True.
Second:
The emotional headline has garnered the attention of
the prospective buyer. But he needs concrete facts to sell his
banker. A View Almost to China may grab the buyer
but wont cut it with a banker. So, in the ad copy, set
forth quickly outstanding bankable features of the home; positives
that if push comes to shove enable the banker to feel secure;
he knows he has something solid, something of measurable value,
a home that is worth more than the mortgage.
Tell them (the buyer and his
banker) about the brick exterior, the 3-car garage, the easy
access to I-35, yet secluded and quiet location. Remember, its
a two-way sale: the buyer and his banker. Sell both.
Third:
Come back with violin music. Its the dream that comes
first and third. Stress the benefits, pleasures, lifestyle potential.
Target the right buyer, be he/she a Winner, an Authentic, a
Heartlander. They all have buttons that can be pushed. It is
truly different strokes for different folks ... all for the
very same home. What the Winner sees as great walls for his
trophies, the Authentic sees as a backdrop for his paintings,
and the Heartlander sees as walls with moldings to display his
commemorative plates.
Fourth:
End with an invitation for them to act, to call you, now. End
with your phone number. Be sure to answer the call or return
the call pronto. Plus, keep track of where the calls came from;
which ads drew best; which media made the phone ring most. Build
your ad call book, and spend your money where it does you the
most good.