5 Things All Qualified Leads Have in Common

This morning I came across an excellent article on the Realities, Myths and Urban Legends behind Prospecting that shared 5 important things that every qualified lead has in common. I'd like to expand on those five points in my blog today:

An awareness of their need for whatever it is you sell.

If they don't know they need it, why would they want to buy it at all?  You may need to take the time to EDUCATE them by presenting your product in such a way that it helps them better themselves somewhow - more money, more time, more productivity, and so on. Once they know why they need what you have to offer, the next step is to determine if they have...

Both the authority and the ability to pay for it.

Are they really the person you should be talking to? If they can't afford it or aren't the person who makes the decision to pay for it, then you could make the most flawless presentation at all, and you might as well be making it to a brick wall because the prospect won't - or can't - budge.

A legitimate sense of urgency relative to acquiring it.

We all want our prospects to buy from us as soon as possible. But how do you convey that sense of urgency to them? One of the best ways is to make what you're offering a limited time special, or good for the first 100 people who contact you. And stick to it. Otherwise people won't be inclined to trust anything else you say.

Trust in you and your organization.

Know that what you have to offer is the best out there - and if it isn't, take the relevent steps to make sure it is. Believe in what you're selling and its value to your prospect. When you're confident in your product or service, others will be too.

Willingness to listen to you.

Are you an expert in foreclosures? A fixer-upper pro? Do you know how to get the most accurate home values in the neighborhood? Are you a short sale master? Demonstrate your expertise and authority in the subject. Be friendly and persistent but not overly pushy. And above all, don't be desperate. Prospects can smell desperation a mile away!  Make sure they're open to receiving information on what you're offering.

When you keep these five points in mind during prospecting or referral marketing, you're sure to notice a difference in your sales. Good luck!

For more information on working with verified, genuinely interested online referrals, please call Clint at 1-800-977-7058 or visit www.recr.com

6 commentsClint Miller • February 07 2008 09:42AM

Comments

Hi:

You make excellent points.  If your clients are not listening to your professional opinion they really don't qualify as a lead.  They are a drag because you have to drag them through homes, point out the positives, and convince them that their Uncle Harry, who bought his house 10 years ago and doesn't think its a good deal, is wrong.  Hone in on the good leads - they will make you money and will be a good referral source for you later on.

Thanks for the post.

Posted by Denise Brophy ABR ePRO CERC (Re/Max Realty Specialists ) over 2 years ago
Denise -- You hit the nail on the head!  Thanks for the comments...and apply your "focus filter" to get rid of those that drag you down like that. 
Posted by Clint Miller (Real Estate Client Referrals, LLC (RECR)) over 2 years ago
RECR, excellent list. Following those guidelines can help establish referrals now and down the road. Thanks for sharing.
Posted by * Rate A Home (Rate A Home) over 2 years ago
Duane -- Thank you!  And Im glad you found this list useful.  We use it all the time here both in working with our clients and our agents.
Posted by Clint Miller (Real Estate Client Referrals, LLC (RECR)) over 2 years ago
Very qwell written overview of this topic.  I especially like the point about the customer needing to be aware of the need.
Posted by Bill Gillhespy Fort Myers Beach Realtor (Century 21 Tripower Realty) over 2 years ago
Bill -- Thanks for the compliment.  And yes...if they are not aware of the need...they will never make a decision.  It's a lot more important than it sounds. 
Posted by Clint Miller (Real Estate Client Referrals, LLC (RECR)) over 2 years ago

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