Save for email alerts?
Save for email alerts?

Coffee is for closers....

Ever seen the 90's black comedy classic Glengarry Glen Ross? This film reveals the unique insight into the dog-eat-dog world of property selling, whilst covering brokers trying to close property transactions....and to do it hard.

Having personally been in the sales industry (i.e. as an occupation) for the last 15 years, I have heard the following phrase: "Coffee is for closers" used in jest. This phrase (questionably applauding achieving sales individuals) is from the film aforementioned, and was communicated in an insulting manner by the boss (played by Alec Baldwin) to his staff of a high pressured US Real Estate firm. The position being: if you are not selling property, then you don't have the time or right to be drinking the company's coffee.

Its a phrase I associate with the past. I really do. Yes, there are certainly sales organisations that are relentless in pursuit of targets but this culture inevitably filters down the hierarchy. It creates pressure on individuals to behave a certain way towards its customers. I personally think this results in a more likely outcome to be aggressive and a higher chance to act possibly unethically.

Its a short term outlook that could only damage the ability to build long lasting relationships.

What we believe at Jeremy Jacob is not about "closing" but "opening": by unlocking and opening the objection door that will help the customer/client find what they need.

Then you master the true art of selling (thus making the seller a giver, and not a taker). To be an opener, you need to have the following skills:


1. To show patience.
2. The ability to listen to the customer/client.
3. To genuinely want the best outcome for the customer/client. Therefore showing that one cares.
4. To be willing to go back to the drawing board every time to find a solution that can help the customer/client. To believe that there can always be a solution.
5. To earn the trust of every customer/client.
6. Developing emotional intelligence, i.e. to understand the different nuances that human beings posses. Customers/clients can't be racked and stacked. Treat every person as an individual.
7. Strive for "Win/Win": Therefore, to encourage all involved parties to win. Is it worth winning when the other party knows they have lost? This possibly just creates a feeling of resentment. It further causes difficult (or severing of) relationships. If you hold yourself accountable to ensure that all parties achieve win/win, it makes everyone feel good.


In conclusion, and specifically to Letting properties, we as an agency always endeavour to open the letting process up as wide as possible for the Tenant and Landlord. We want to identify everyone's wants, needs, considerations and then finally be in a position to help. No cutting corners. When done correctly, we passionately believe that the Tenant and Landlord will decide themselves its time to close.

"Closing" therefore is prehistoric. Its aggressive and counter intuitive.

We get excited when we learn that our customers/clients are having property or customer service related dinner table conversation with family and friends, and to speak of Jeremy Jacob Letting Specialists in a purely positive way. I think this can only be rewarded if we act as a helpful and effective agency - time and time again.

We want you to return warmly, every time.

11/01/16

Coffee is for closers....

by Jay White
Search
CATEGORIES News
TAG CLOUD Jeremy Jacob London Christmas EU Investment Chelsea Brexit property Lettings Buy To Let South Kensington Rent BREXIT real estate rental European Union Landlord Kensington Business Influence uk property market Investors Property Boom British Europe House Prices Phoenix Towers House prices Building Economy Mark Carney Supply and Demand Renting Housing Market Prime Central London Property Wire Economy Boost Rental market The Dana Centre Saatchi Gallery Victoria and Albert Museum The Natural History Museum ARLA Licensed member Money gurantee Code of Conduct Licensed Skilled Expert Rollerskating Rollerblading Skateboarding Jeremy Jacob Letting Specialists Labour Mansion Tax government Stamp Duty Buy-To-Let City Mapper Bus journey Train journey market Interest rates mortgage competition Accurate rent Asking Price Mould Grout Clean Air flow Heating Temperature Deposits Rightmove Zoopla Agents Mutual On The Market International Expatriate Jay White Will Smith discretion sensitivity value crime Maps Pinned location area streets properties Smoke alarm Carbon Monoxide alarm 1st October Adhesive stick-on pads Rent freeze rents increasing lack of supply Commit Compromise Closing opening sales art craft relationships listen want needs willing believe customer client win/win Referendum General Election prices rental market foreign investment Scottish Referendum global crisis optimism landlord tenants Soft Hard Rental Market Millenial upgrading digital young people buying AirBNB Landlord Tenant Rent Cost Museum Design Kensington High Street Brexit property market investment international tenant interest rates property purchase economics property market renting Jeremy Jacob letting specialist election Theresa May real estate investment London housing prices politics SAFEagent Tenant CMP scheme Member Protect Money property market renting Jeremy Jacob letting specialist tenant landlord scandal 18 year property cycle Fred Harrison buy-to-let investing Cafe's Restaurants Earl's Court Notting Hill breakfast brunch tea coffee cappuccino exceptional service employees jeremyjacob landlords tax changes real estate property rent rentals letting caution Architecture Holland Park Design Bulgari Real Estate Hire Small Business challenges Cornwall Quality trade perspective Beaches Sand Pebbles Community Spirit Hair curly Eyal perm Fellaini World Cup Football Theresa Mayi Sapiens mindful world history humans Liberalism Capitalism Customer care hybrid Shop front pulled stretched dedicated professiona Specialists whittle fish deck jeremy jacob price people will come choice options People Trust Buy Letting Uberfication Automation Royal Borough of Kensington and Chelsea Gatwick Airport Schools Family Values Principles Jeremy Jacob Lettings Social Media Landlords Revenue. Reviews Five Star Google Growth Clients Customers Good Job Work Hard Respectful Covid19 Introspective Rest Heart Online wake up early bird motivated corona virus covid19 entrepreneur navy seal business people lockdown housing market lettings uk property market covid 19 lockdown home workout covid home workout what renters want in a home eicr eicr regulations electrical safety landlord eicr rent increase inflation rent rises uk rent increase london rent increase bitcoin and property property and crypto bitcoin mortgage deposit buying property with bitcoin property crash house prices property market crash property prices drop property prices rise escooters london escooter scheme london sustainable estate agents sustainable lettings agents eco friendly estate agents electric scooters scheme electric scooters london crypto renting investing bitcoin dogecoin supercar Amazon Property Pret Hot Food Lifestyle Kensington High Street Working market update property Jeremy Jacob COVID rental market landlord tenant

Need a Valuation?

Register

Sign up to our email alerts!

 

We will notify you as soon as a property in your search criteria comes on the market
Go

Reviews

Don't just take our word for it!

 

Write about your experience with us at Jeremy Jacobs or read all our current reviews
read all

Latest News

Keep up to date

 

Catch up on property news from the local area or find out what's going on at Jeremy Jacob
read all