Thursday, August 29, 2024

On Female Real Estate Brokers

The top ten reasons to NOT hire a female real estate broker
(David Letterman style)

Ten  She uses scripts.

Nine  She believes that real estate is a sales job.

Eight  She is a terrible manager.  This is particularly relevant if she has a team.

Seven  She lacks technical skills.

Six  She is not business savvy.

Five  She lacks objectivity.

Four  She cares more about her relationships with other brokers than she does about her clients.

Three  She is overly emotional:  Rough and tumble real estate hurts her feelings.

Two  She is so busy acquiring clients that she has very little time for or interest in your transaction.

One  She is afraid of negotiation.  She has spent precious little time on developing this skillset and it scares her to death.


Do men not also suffer from the above faults?  Of course.  But in my experience, women are much more susceptible to these issues than men.  Look, it's a six or seven figure business deal; it should be treated as such.  Now before I am flooded with hate, are there exceptions?  Yes of course, but they are very rare.

This is such a problem that male brokers often end up managing their female counterpart as much as they manage the transaction.  Believe me, managing the female counterpart is a useful skill to develop.

In order to avoid an emotional reaction, one strategy I used was to speak with her as little as possible.  Keep it to carefully crafted emails or let the paperwork do the talking.  But always be responsive because she might get offended if you are not.  And you do not want to offend her because that will absolutely affect the transaction.

Finally, regardless of how you communicate with her, always be nice.  It is disarming, and most often works in your favor.  And if not?  It costs you nothing.
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Friday, June 28, 2024

The Competent Broker Now Free for Our Readers

Competence and Integrity in Real Estate?

I first published The Competent Broker four years ago this summer on Amazon.  You can still find it there.  But now, I am pleased to bring it, in full, to readers of this website.

I think the best thing I can say about this book is that:  Brokers hate it.  Well most brokers hate it.  There are a handful of brokers who really love it.  Those are the type of brokers we need.

You can find a chapter-by-chapter summary here.  And find the full, unabridged text here.

Please share widely.  A link back to this site would be greatly appreciated.
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