SOI Contact Update and Lead Exploration - podcast episode cover

SOI Contact Update and Lead Exploration

Nov 01, 202420 minSeason 9Ep. 112
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Episode description

In this scenario, you reconnect with a member of your Sphere of Influence (SOI) to update contact information and subtly explore potential real estate leads.

Requirements

  • Strong communication skills
  • Organizational abilities
  • Effective networking skills
  • Awareness of real estate opportunities


The intention is to reconnect with members of your Sphere of Influence (SOI), update contact information, and explore potential real estate leads while maintaining genuine relationships within your network.

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Licensing and Continued Education

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This content is for educational purposes only and does not make any guarantees. We suggest you seek the help and/or advice of your broker, coach, mentor, office manager, attorney, and/or financial advisor. Brought to you by Darren Tunstall, a licensed real estate agent, DRE #01853445. This podcast operates independently of Darren's affiliation with any real estate brokerage and/or any REALTOR® associations. The intention is to provide you with valuable information, insights, and practical tools. Please note that all results may vary, and participants are responsible for their own actions.

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Transcript

Real Estate Practice Podcast

Darren Tunstall

Hello and welcome to the Real Estate Practice Podcast , the show that helps you know what to say when you're talking to buyers and sellers , so that you can close more deals and earn more money . I'm Darren Tunstall , a real estate professional coach and number one bestselling author . Let's get into this .

Before we begin today's episode , I want to clarify some important points . I am a licensed real estate agent and my DRE number is 018-53445 . It's crucial to note that this podcast operates independently of my affiliation with Keller Williams Realty and any realtor associations .

My primary goal with this podcast is to provide you , our listeners , with valuable information , insights and practical tools . As a reminder , the purpose of Scripts and Dialogues is to come , learn , practice and be prepared to fail forward . This is where we make mistakes and help each other out , but we're mostly interested in seeing how we can get better .

First we read through the script word for word and then we go back and put it into our own natural tone , style and phrasing . You won't know what to say until you go through the script . So , with that said , many people will say that's not how I sound , and I totally get it .

That's not how you sound , but that is the reason why we practice every day so that the script becomes you and in your own voice . So read it word for word first , then go back and put it into your own natural tone , style and phrasing and I think it'll work out .

So today is SOI , contact update and lead exploration , and in this scenario , you reconnect with a member of your sphere of influence to update contact information and subtly explore potential real estate leads .

This could be you know , soi is friends , family , coworkers , could be past clients as well that you're bringing into your inner circle as well , and those are considered as allied resources at that point . But you're reaching out to people and sometimes we tend to forget about reaching out to friends and family and past coworkers .

But I know that we should be doing that consistently throughout the year and systematically . That's why we have programs like a command or a CRM system . Requirements are strong communication skills , organizational abilities , effective networking skills and awareness of real estate opportunities .

The intention is to reconnect with members of your sphere of influence , update contact information and explore potential real estate leads , while maintaining genuine relationships with your network . So we're going to go ahead and practice this again word for word or , if you feel comfortable , go off and put it in your own tone , style and phrasing .

I always encourage that because we want these to sound just like you . So , with that said , any questions about this before we break out ? No , because you're all amazing . That's why , okay , let's go ahead and create some rooms here . Let's go ahead and practice this .

So you're going to be the agent and I'll be the your SOI contact and just go ahead and read it word for word to begin with , and then we'll go back and do it again a few times , and then you can start to make it your own Sound good .

Melinda

Okay , I think so Okay .

Darren Tunstall

Or if you want me to go first , I don't mind doing that .

Melinda

Um , no , I can go first . That's okay , I'll try . I'll give it a try .

Darren Tunstall

Awesome Love that .

Melinda

Okay , okay , so um , and you're the client , right .

Darren Tunstall

Yeah , yeah , I'm a . I might be a client . I might be just a friend or a family member , past client . Let's see where it goes .

Melinda

Okay , all right

Keeping in Touch and Home Updates

. So hi , darren , it's Melinda .

Darren Tunstall

Hey , what's going on , Melinda ? I haven't heard from you for a while .

Melinda

I've been doing well . Thank you , I hope everything is great on your end . I wanted to catch up and also update my contact list . I'm working on staying better connected with friends and family and I plan to send out holiday cards this year .

When I tried to reach out to you the other day , I realized I might need your phone number , email or social media contact .

Darren Tunstall

Yeah , typically just pick one .

Melinda

Okay , yeah , I might need all of your contact information .

Darren Tunstall

There you go . Oh well , you know what ? I'm glad you called because I had to change phone numbers , so that's probably why you didn't have it . Phone number is 619-519-1834 . So that's the best way to reach me now . Email should still be the same , and social media ? I'm trying to do away with all of that nowadays .

Melinda

Okay , I totally get that . Thanks for sharing the phone number . How's life treating you lately ? Is there anything specific that you're currently working on or need assistance with ?

Darren Tunstall

Oh , my goodness . Well , we're just trying to build up , build that ADU where we just poured concrete last week and now we're gonna close up the walls . So that's kind of exciting . We're about , I would say , a month or less away from finally living in it now . So that's , that's the big project for now .

Melinda

Yeah , that's awesome . That's great to hear . If you ever need advice or recommendations for home improvement , don't hesitate to reach out . By the way , do you know any , do you know of anyone , who might be considering selling their home or has mentioned it lately ?

Darren Tunstall

You know my neighbor talked about I don't know . He said something about putting away stuff and I'm like , are you guys moving ? And he kind of gave me a really vague answer , which was really weird . So I'm not sure if they're just planning on moving out in the middle of the night or if they're actually doing something , but I mean , maybe that's something .

Melinda

Okay , um , how open are you to putting me in touch that we can explore that , what that might look like for them ?

Darren Tunstall

Yeah , I know both of you really well , so come on over and I'll walk you over there , even if you want .

Melinda

Thank you , I appreciate that , darren . Your input is valuable and if anyone comes to mind , please feel free to let me know .

Darren Tunstall

I will do that .

Melinda

Absolutely .

Darren Tunstall

Thank you for calling All right , it's always going to be that easy , right ? Yeah , no , the way that we practice , the way that we practice is positive mindset . We want to keep it positive , positive , positive . There are times that we practice where we , you know , push back . And not to say that we're not going to push back today , we can .

I'm just saying I would rather you make these calls or knock on a door with a positive mindset versus a negative , because if you're constantly saying , ah , these people are just , you know , they don't want anything , they don't want to sell , and how do you think you're going to knock on that door or make that call ?

Melinda

Yeah totally .

Darren Tunstall

I would prefer that we practice this way and then occasionally we do pushback and we do practice objections also , just so you're aware , throughout the year , and that's that's really the time that we do those types of things too , but they come up in some of these other dialogue as well . Um , you did a great job .

Melinda

Anything you would do differently um , I'm sure just making it more my own , but that you know , it felt good . So good .

Darren Tunstall

Well then , I'm glad you said that , because we're going to allow you to make it your own in just a quick minute . Now let's go ahead and go back and put it in our own words , all right , and you just do it the way that you want to do it . You can use this as a guide , but this sounds like me . These don't sound like you .

None of the not one of these conversations will ever sound like you . So put it in your own words and make it your own , okay .

Melinda

Oh right , ring ring .

Darren Tunstall

Hello , this is Darren .

Melinda

Hey Darren , it's Melinda with Keller Williams .

Darren Tunstall

What's up , Melinda ? I haven't heard from you in a while .

Melinda

Hi , I've been doing great , thank you . I hope everything's doing . I hope everything's great on your end . I wanted to catch up and also update my contact list .

I'm working on staying better connected with all my friends and family , and I am sending out holiday cards this year for the first time in five years , I think so when I when I tried to reach out to you the other day , I realized that your email bounced back , so I wanted to reach out and see if I could update that and anything else .

Darren Tunstall

Yeah , that was done by design . I actually got rid of one of my emails because and that's probably the one that you have , but I was just getting so much junk and I thought you know what ? I can either try to manage this or just start fresh . And I just started fresh , so uh , yeah sure yeah so it's detunstall0831 at gmailcom is what it is .

Melinda

What was it ? One more time .

Darren Tunstall

Detunstall0831 at gmailcom .

Melinda

Perfect , all right , great . Yeah , they're going to be digital cards because you know we're going paperless this year , so keep an eye out for the email .

Darren Tunstall

Love the paperless ? Absolutely I will . I will look out for that what are you ? Sending me . That's a digital card . You said .

Melinda

Yeah , it's a holiday card .

Darren Tunstall

Awesome . I like those . Okay , cool . Yeah , just don't put me on the spam list . That's why I changed my email to begin with .

Melinda

Oh yeah , absolutely not . No , you won't be getting any spam from me , None at all .

Darren Tunstall

I know we won't , but I appreciate it , thank you . What else is going on ?

Melinda

Okay , so thanks for sharing that . How's life treating you lately ? Is there anything specific that you've been working on ?

Darren Tunstall

Any projects that you've been needing assistance with . You know , we've just been working on the vineyard a little bit . As you know . We have a couple hundred vines of grapes and just kind of been working on that a little bit

Real Estate Market Insight and Communication

as well . But I'm kind of curious . You know what is the real ? What's going on in the real estate market right now ? I mean , is our home prices going up ? Are they going down ? I mean , I don't know , is this is now a good time to sell or buy , or what's going on .

Melinda

I mean it's always a good time to buy or sell , depending on where you're at . What are you , what's your needs ? You , the markets ? Do I mean the markets , same , same . It's pretty good .

Darren Tunstall

I think it's a good time to do either one okay , yeah , I was just kind of curious like we've lived here for what ? I mean since you ? You helped us buy this house . I think we've lived here for like eight years now or something like that yeah , I'm just kind of curious .

I mean , it seems like that we've developed some equity and I'm wondering , should we cash out , or ? But I'm always freaked out about that , because if I do , where do I go ?

Melinda

Right , right .

Darren Tunstall

Yeah , well , yeah .

Melinda

So are you looking to relocate ? Are you trying to stay in San Diego ?

Darren Tunstall

You know I'm just kind of talking . I got to get some approvals from you know the better halves of myself , so or better half , not better half . I only have one there are no other people attached to me .

Um , so yeah , no , I was just kind of curious , you know , uh , I liked the idea of having , you know , a couple of million dollars in the bank , but you know , the question is always where do we go ? But I don't know , just worth asking , like what's the market ? Okay , market yeah , okay .

Melinda

Well , if you ever need , if you want to dive deeper into all of that , you know we can meet up or we can schedule another phone call for another time . That's better . If you want to um , take a better look at the market and see what options might be available to you , I mean , is there anything that you can send me , like now that you have my email ?

Darren Tunstall

is there anything that you can send me ? That's more like like just tell me what's going on in my area yeah , absolutely .

Melinda

I can run some comps for you and send them your way , just kind of give you an idea what's going on yeah , let's see what you got okay , cool , I will shoot those over to you um sooner . You'll get those before the holiday cards , so keep an eye out for that .

I'll do it today and , um , if you know anybody else , anybody else who needs any help , send them my way too . I'd be happy to help .

Darren Tunstall

I will do that . Let me think about that . I'm not sure exactly off the top of my head right now , but let me think a little bit .

Melinda

Yeah , okay , yeah . If you think of anybody , just let me know . I'd be happy to help them .

Darren Tunstall

All right , sounds good . Well , look , I got to get going , but I appreciate you calling .

Melinda

Thank you so much . Thank you , darren , have an awesome day . I'll be in touch . All right , talk to you later . Bye , that was fantastic . I threw you a couple of curveballs . Yeah , I'm improv . I'm like , honestly , stand . I even do it as good as I have , because I'm not very good at um on the fly , like stuff like that . So this is why I need this .

This is good .

Darren Tunstall

I thought you did fantastic . You did . You did a great job . You know , what we do here is through consistency of showing up every day . You're going to discover that we have multiple types of dialogues from lead generation , and we have 13 different ways to lead generate .

We have buyer transaction , seller transaction , the tie downs or agreement questions is what we call them . We , every Monday , we go over a presentation , whether it's a buyer presentation , the seller presentation , we go over all the aspects of it . That way , we're creating more of a well-rounded communicator versus just somebody who purely focuses on one thing .

Now , by all means , you know , the core job of a realtor is to go out and lead generate so that you get deals right , and that's why we practice lead generation .

Every two weeks or every other week is what we do , but in between , we work on those other things that I had mentioned , so that when that time comes so let's just say , you lead generate , you have the appointment , you get somebody under a contract and now you have to go through the transaction we want you to be prepared for that too . Okay , yeah .

Melinda

So hopefully you can make it Like a cross-referenced yeah . Yeah , yeah , different perspectives , it's perfect .

Darren Tunstall

Yeah , so hopefully , hopefully , we can have you here at least three days a week , so yes , definitely .

Melinda

Maybe I'll be here as often as I can , which should be . I mean , I want to be here every day , so that's my goal . Well , I tell you what you're here every day .

Darren Tunstall

So that's my goal . Well , I tell you what if you're here every day , I'll be here every day deal . I have been here every day , monday through friday , for the last couple of years , so let's do it all right and I get it , life happens . Hey , I'm gonna bring everybody back . Perfect , what's up ? Javier wendy , how'd it go ? Great , great .

It's sweet and easy to put it around .

Melinda

Yeah , pretty easy , and it was easy to put it on our own world .

Darren Tunstall

Yes , it is . And the purpose of this particular dialogue is you might be lacking some information from somebody . So you might have went to call them and hey , you know , you tell them . Hey , by the way , I went to email them and hey , you know , you tell them .

Hey , by the way , I went to call , I went to email you the day and I realized I don't have your email . What's the best email ? Or vice versa . You can even use this dialogue to send out an email . You know , send an email and said , hey , I went to call you the day , but I realized I don't have your phone number . What's the best number ?

So you can kind of reverse this as well for anything . Or you can jump on social media , you know , connect with somebody on social media and say , hey , buddy , you know , I thought I had your phone number , I was going to text you the other day , but I realized I don't have your number . What's the best number to reach you ? That's , you know .

So we're , we're building rapport , we're maintaining contact , we're doing it consistently , we're filling in the gaps where we might lack some information . How did it go for everyone else Jasmine , marcus , emily , good ?

Barbara

Good yeah .

Melinda

It went good . I would say Say that again .

Barbara

Barber's a pro . This is my lane in comparison to say Fizzbones What'd you call me ?

Darren Tunstall

No , that's awesome , okay . Well , yeah , this is the type of conversation though , like you said , this is your lane . This should be everybody's lane when you've developed this rapport . You all have a sphere , right . We all have family , friends , coworkers , you know , neighbors and things like that .

These are people that we should be consistently staying in touch with , and you know this is where the majority of your business is coming from anyway . So you're you're asking these people for referrals , so it is a good idea to stay in connection .

Just out of curiosity , I heard Barbara say this once and I'm kind of want to hear it again how often are you staying in touch with your sphere ?

Barbara

It's for everybody , but I'm curious to hear . Barbara's answer Every day , but Sunday I call Yep , yeah . I notice though that I don't get in a lot of calls conversations , because when I'm calling my sphere , my conversations with them are longer .

So you know , in an hour I may talk to three , maybe four people because we're talking and we need to keep it that way .

Darren Tunstall

Yeah , I agree , there was a technique that I learned a long time ago , and I'm not sure that I agree with it or not , but it was hey , this is Darren , um , like if I were calling him . And hey , javier , this is Darren . What's up's up , man ? I hope you're doing well . This is a business call , so I can't make it long .

That sounds a little too robotic and I'm not sure that I like that , because if you're truly a friend or a family , you know , I think we need to spend a little bit of time talking with them . So I kind of agree with that approach too . Yeah , they're gonna answer .

Barbara

Next time you call they're going to be like , oh God , darren's trying .

Now , if it's if , if for some reason you get something , that somebody is really chatty , chatty and they're going off the deep end and going into 20 , 30 minutes listening to long stories , I may say , oh my gosh , I'm sorry , I have another call coming in I have to catch or I have an appointment I have to get to .

I've got 15 minutes and , hey , I'll call you back . You know I'll call you back later and then call them back because it's a friend , call them back after work hours and have whatever conversation they need to .

Darren Tunstall

That is a fantastic way . I'm kind of curious how do you end a call when somebody is going on and , on , and on and ?

Barbara

on . Exactly what she said oh , oh , my God , I got another call coming and I got to go . You know it's so-and-so , you know maybe my daughter you know , because they're going to know who my daughter is . Oh , that's calling . I'm going to have to pick up because if she's calling . She needs to talk to me because she usually doesn't call . She texts .

Darren Tunstall

Javier , you look like you have some ideas . How do you end a call ? I mean , that's usually my go-to is oh , I got another call coming in . Or my dog . My dog is begging me to get out . I think he's gonna .

Barbara

I think he's gonna go in the house you go to the .

Darren Tunstall

Okay , I get it .

Melinda

I get the hint , it's 902 .

Darren Tunstall

Thank you all so much . I appreciate it . This was awesome , so we'll see you all tomorrow .

Melinda

Thank you .

Darren Tunstall

All right , so that's the script . I hope that you found it useful . Just head over to realestatescriptspracticecom for more resources and downloads . This content is for educational purposes only and does not make any guarantees . We suggest you seek the help and or advice of your broker coach , mentor , office manager , attorney and or financial advisor .

Brought to you by Darren Tunstall , a licensed real estate agent , dre number 01853445 . This content operates independently of Darren's affiliation with Keller Williams Realty and any realtor associations . The intention is to provide you with valuable information , insights and practical tools .

Please note that all results may vary and participants are responsible for their own actions .

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