Real Estate is a business that is all about making deals. There is really only one way to make deals, Ask! There is a great (little known) book called The Aladdin Factor, by Jack Canfield and Mark Victor Hansen – it is truly one of those books that changed my life. It taught me the art of asking for what I wanted and needed: both in business, investing and in my personal life.
Here are some of the lessons on the art of asking that I learned from The Aladdin Factor:
- The art of asking is skill we are born with. We are meant from our nature to ask questions to learn and to get what we want. So why don’t we? If you think about any small child (2-4 years old) you have ever met, what are they masters at? Asking questions. What is that? Why does it work that way? Can I have that? Will you help me?… Sound familiar? What do most adults do when a child asks these questions non-stop? “If you ask me that question one more time…….” So our nature is to ask and we are taught not to ask. So we now need to reteach ourselves how to ask.
- “No” is another reason we don’t ask. We are afraid that someone will say NO to us. What does the NO really mean? Well, most of us think there must be something wrong with us… we take it personally, it’s not personal. This is another important lesson I learned from a book called The Four Agreements. The book gave me tools that helped me to learn how not to take things personally. What it really comes down to is that, when the answer is “NO”, it usually has nothing to do with you personally. It has to do with where the other person is coming from. Trust me, I know it’s much easier said than done.
- Confidence – A lack of confidence comes from not knowing your stuff and a lack of experience. This is the easiest thing to change.
In real estate we must ask or NO Deal. So what tools can we use to help us get over the fear of asking?
- Make sure you are not attached to the outcome. I promise there are going to be other deals. In fact, the best thing you can do is practice on the deals you don’t care about.
- Start by building a relationship. Don’t rush into the “ask”, get to know the person better.
- Listen – People want to be heard. So just sit back and listen.
- Understand something they need out of the deal and find a way to give it to them.
- Be respectful. Follow up and follow up again.
- Ask Sincerely – Also keep it simple and people will be open to you
This content is intended to provide educational information only. This information should not be construed as individual or customized legal, tax, financial or investment services. As each individual's situation is unique, a qualified professional should be consulted before making legal, tax, financial and investment decisions. The educational information provided in this article does not comprise any course or a part of any course that may be used as an educational credit for any certification purpose and will not prepare any User to be accredited for any licenses in any industry and will not prepare any User to get a job. Reproduced by permission from OTAcademy.com click here for Terms of Use: https://www.otacademy.com/about/terms
Editors’ Picks
EUR/USD retreats below 1.0700 as USD rebounds
EUR/USD lost its traction and retreated slightly below 1.0700 in the American session, erasing its daily gains in the process. Following a bearish opening, the US Dollar holds its ground and limits the pair's upside ahead of the Fed policy meeting later this week.
USD/JPY recovers toward 157.00 following suspected intervention
USD/JPY recovers ground and trades above 156.50 after sliding to 154.50 on what seemed like a Japanese FX intervention. Later this week, the Federal Reserve's policy decisions and US employment data could trigger the next big action.
Gold holds steady above $2,330 to start the week
Gold fluctuates in a relatively tight channel above $2,330 on Monday. The benchmark 10-year US Treasury bond yield corrects lower and helps XAU/USD limit its losses ahead of this week's key Fed policy meeting.
Week Ahead: Bitcoin could surprise investors this week Premium
Two main macroeconomic events this week could attempt to sway the crypto markets. Bitcoin (BTC), which showed strength last week, has slipped into a short-term consolidation.
Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week Premium
Higher inflation is set to push Fed Chair Powell and his colleagues to a hawkish decision. Nonfarm Payrolls are set to rock markets, but the ISM Services PMI released immediately afterward could steal the show.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.