YESTalk-119 - How to Get Over the Fear of Asking for Business
14 Nov 2018 · 10 min
Kevin Ray Ward breaks down three ways to beat the fear of asking for business: take action to face it head-on, believe your prospects actually need you, and build competence so confidence takes over. He cites David Schwartz and a NAR study showing incompetent agents hurt the industry.
Welcome to Kevin Ward's Yes Talk for Realtors. This is Kevin Ward.
How do you overcome that fear of asking for business? It kills everybody. Kills. All the agents are like, I'm so afraid of asking for business. Hi, my name is Kevin Ward, the founder of yes Masters Real Estate Success Training, helping you get more yeses and more successes in your business and in your life. And yes, sometimes fear is just a part of the real estate game. But let's talk about how to overcome the fear so that it doesn't stop you and keep you broke and stuck. And so there's three keys to overcoming the fear of asking for business, whether you're talking to people you know or talking to people that you don't know. Now, number one is if you want to overco the fear of prospecting, you just have to face your fear. Sometimes you got to just do it and face it. Because I promise you that when you do something that's hard, when you do something that's new, something that requires some skill, something that is outside of your comfort zone, you probably are never going to get to a point where you're comfortable with it until you actually do it. It's just almost like asking for business is almost like speak, being a public speaker and getting on a stage in front of a bunch of people. I don't care how much you practice and rehearse, when you get in front of the people, you're going to be scared. You're going to be nervous, right? How do you overcome that? By exposure, by just getting out there and doing it and understand this very powerful principle of life, and that is that action conquers fear. That when you just get out there and do it, the doing of it, over time, the fear goes away because you get to realize, I'm good at this. There's no danger, there's no risk. It's just part of the process. And David Schwartz in his book called the Magic of Thinking Big, which was written over 50 years ago now, and the magic of thinking Big, he said, do the thing that you fear, and the death of fear is certain. So I wish I could give you a shortcut. I wish I could give you a magic bullet or magic pill or something that would help you just, like, be able to catapult past the fear so you don't have to deal with it. But the reality is you just got to deal with the fear. You face the fear. You do it any way. And you understand that when I take the action, the death of fear is certain. Once I do it over and over again. May take a little bit of time, but do it. Just face it. Bam. Jump all jump in with both feet. And that's the fastest way to get through your fear. The second key to overcoming your fear is the power of your belief. What do you believe about what you are doing and how you're doing it? And here is, I think, the most powerful belief that you can have when it comes to talking people and asking for business. And that is the belief that they need me. You got to believe. You got to believe that when you're talking to people about business and you're asking them for business, what you're really doing is you're offering a service that they need. Now see, here's the deal. You're not selling. You're not selling candy bars. You're not selling something that's actually bad for people. You're selling something. You're selling something that's good for people. You're offering a service that if they want to move and they're buying a house or they're selling a house, they need a competent, skilled professional to help them through the process. So I'm not putting myself out there asking people for something that just makes me money that nobody needs. I'm offering them something that they need desperately if they want to buy or sell. Because look, there are. If somebody is dealing with a $1 million asset or a $500,000 asset or a $300,000 asset, they're selling a piece of real estate. It's a massively complex transaction. The pricing of it, the process of it, the closing of the whole journey, the marketing of it, all of that is done better when somebody that knows what they're doing doesn't. It's just there's expertise. And people don't need you for, like, information. What they need you for is they need you for expertise, for skill. They need you for knowing how to deliver a result. And if you believe I'm just trying to really, you know, I'm really just trying to get people to sign up with me so I can make money, then your belief is going to always play against you because you're going like, I just, I feel like I'm. I'm trying to, you know, give people something they don't need. You have to believe that buyers and sellers actually need what you have to offer. Alright? That's the belief. So I can ask for business. Because I'm like, if I don't ask for business, these people are going to be left high and dry. And that leads to the third principle here of how do you overcome the fear of prospecting? And that is by your own competence. By your own competence. And what that simply means is you got to be good, because when you're good, it's easier to have this belief, right? So I've got to be competent, which means I've got to be the best at helping them get the result that they want. So they need me. If they hire somebody who doesn't know how to get them the result, if they hire an amateur, if they hire an incompetent agent, it's going to be a huge mistake for them, it's going to hurt them, it's going to cost them money, it's going to cost them tons of stress, time, potential lawsuits, I mean, all kinds of problems, but mostly it's just going to cost them time and money and stress, right? They need me. And when I'm competent, I can believe and know that if I don't put myself out there, if I don't ask for the business, if I don't let them know that I want to help them or I want to get referrals from them, that it's not about me, it's about their friends who need to buy or sell. When you ask somebody for a referral, say, hey, who do you know? If they have a neighbor that's selling, I don't want that neighbor of theirs. And they don't either want them to get stuck with an amateur agent that's going to hurt them because they're incompetent. You and I both know that the number of incompetent agents in the industry is huge. In fact, the NAR commissioned a study that was done a few years ago now by the Swainpole Group that said the number one threat to the real estate industry is the high number of incompetent agents in the industry. They said it is the single greatest threat to the industry, which just tells you that there's a lot of incompetent agents out there. I got to be good so that I'm not one of them. And then I can believe that these people need me and I can help them. Now, I'm going to tell you this idea of competence because here's what competence does. Competence is what leads you to have confidence. And what is confidence? It's the opposite of fear, right? It is the opposite of fear. Confidence comes from fidelis, which means faith, belief, con, which means with. With faith that I show up with faith that I can help them with belief in myself. And when you have belief in yourself, then the people you're talking to, they're going to have belief in you as well. And that comes from being good at what you do. Now here's how I think that belief must show up. You got to believe so strongly, number one, that people need you, number two, that you can help do a better job for them than anyone else. So much so that your belief is if they don't hire me or if these people don't refer me and their agent, their friend goes with some other agent, they're making a huge mistake. I'm talking huge mistake. Why? Because they hired somebody that wasn't as good as you. You got to believe that. You got to be so commit to becoming so good at what you do, so competent at what you do, that anybody who not hire you in your market area, they're making a huge mistake. Does that make sense? I mean it is so critical that you become that powerful. This is the magic bullet for overcoming all fear that you have of asking for business, of doing lead, follow up, of handling objections. It all comes down to number one, taking action. Number two, believing that people need what you have to offer. Then number three, believing that you're the best at giving them what they need. And if they don't hire you, they are making a huge, huge mistake. Now if you're brand new or you're just getting starting going like, yeah, but I don't have that belief. I don't have that. How do I get that competence? Then I'm going to invite you to get a free copy of my number one best selling book, the Book of Yes, the Ultimate Age of Conversation Guide. Just as a way to get you started, get you started in what to say and how to say it and how to create the belief and the competence to do it. Now this book isn't going to be an end all, do all, but it is a starting point. It will give you a framework. It'll give you the steps to take to start building that confidence and overcoming that fear so that you can crush it in your business by helping other people get what they need. In buying and selling real estate. You can do this. It's a journey. It may be a little painful, it's going to be a little scary, but when you do it on the other side of it, there is success. There is a feeling of great confidence and fulfillment. Yes, I helped other people. So if you got other challenges or other fears, post them down below. I want to know what you're struggling with, what's stopping you what's getting you. If you have other ideas or anything other ideas, please post them down below. Make sure that you give the video a thumbs up. Get your free copy of the Book of Yes. We'll post the link down in the link in the description of the video below. Subscribe to the channel if you haven't done that and I'll see you on the other side. When you do this, the beauty is you'll always be able to expect yes.
Hey there, it's Kevin. Did you like today's podcast? If you did, be sure to subscribe.
To the next one and tell a friend about us.
If you want more free training and resources that are the best to help you get more Yeses with no BS, visit me@yesmasters.com until next time. Remember every day to embrace life, engage opportunity, and always expect y.