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Andrew Bermudez
CEO & Co-Founder
www.digsy.ai
949.229.2476
@AndrewBermudez
Cold Calling Techniques
Generate More CRE Meetings & Deals
● Brokers waste 15+ hours/week
searching & entering data — foregoing
100s of sales appointments & many
deals per year
● The likelihood of closing a deal jumps to
13.51% after simply meeting a client
face-to-face
● Brokers can simply improve their sales
performance by 23% just by efficiently
researching clients through social
media
● 80% of all sales are made between the
5th and 12th contact with each
prospect.
Statistics
Sales is a Science
“
HOFFELD GROUP
Proven Science for Successful Selling
Problem
Holder
(Customer)
Solution
Provider
(You)
Problem
Holder
(Customer)
Solution
Provider
(You)
Meet
&
Both
Win
Problem
Holder
(Customer)
Solution
Provider
(You)
Meet
&
Both
Win
Sale Made
(Commissions!)
Problem
Holder
(Customer)
Challenge is efficiently finding
problem holders
Problem
Holder
(Customer)
Problem holders
in commercial real estate
Tenants
Property Owners
Buyers
Lease Expiring
Need More Space
Need Less Space
Needs a Tenant
Needs a Buyer
Needs a Property
Challenge to efficiently finding
problem holders
Lots of time to find themYour time is limited
You don’t make money
(-ROI)
Problem
Holder
(Customer)
How do you find them efficiently?
How to find them was in our last webinar
We went over how to:
● Save time finding clients with strategic
targeting
● How many calls to find new clients
● Tracking your progress
● Time-management: Automate
data-entry
● Free prospecting material - oh yeaaaa!
Watch Webinar Video, Get Materials:
http://digsy.co/proven-tactics
Also, watch webinar...
How to Find Tenants
Who Are Ready to
Move
http://digsy.co/ready-CRE-tenants
1. Calling techniques
2. How to get prospects to meet with you
3. Easy-to-implement prospecting workflow
OVERVIEW
TODAY
Download Copy
http://digsy.co/calltimes
Cold Calling Techniques
● Find a reason to call. Do your research on
the company or person
● Always talk to the decision maker
● Find mutual connections through social
media
● Ask questions FIRST — better understand
problem to successfully tailor your pitch
● Be casual, cool, and helpful - not too
salesy!
● Call during the best times, don’t waste
time on what’s not optimal
Problem
Holder
(Customer)
Solution
Provider
(You)
Meet
&
Both
Win
Remember
Sale Made
(Commissions!)
YOU’RE REAL
ESTATE
MESSIAH
ON A MISSION
Remember, you’re a doctor that saves
lives of people with CRE problems.
You’re trying to help...
● Finding problem holders is just
asking questions
● Focus on brevity — you just want a
“Yes, I have a problem”
● They need you more. You’re just
making it easier for them to find the
solution
Forget the damn script
FOCUS ON QUESTIONS!
TENANT
PROBLEMS
Common tenant problems in
commercial real estate are...
1. I’m paying too much rent
2. My lease is coming up and afraid my
rent will increase
3. I’m in need of more space, but locked
into my lease
4. I have too much space
TENANT
QUESTION
#1
Hey Bill,
Done some lease rent reductions with
nearby companies, so I wanted to ask...
Are you by any chance feeling like you
may be paying too much rent this year?
Let me know. There are solutions for this.
Download all questions here:
http://digsy.co/tenant-and-owner-questions
TENANT
QUESTION
#2
Hey Bill,
Done some lease renewals with rent
reductions with nearby companies, so I
wanted to ask...
Are you concerned your rent will
increase when your lease comes up for
renewal?
Let me know. There are solutions for this.
Download all questions here:
http://digsy.co/tenant-and-owner-questions
TENANT
QUESTION
#3
Hey Bill,
Done some leases with nearby
companies, so I wanted to ask...
Are you by any chance stuck in a lease,
but will need more space this year?
Let me know. There are solutions for this.
Download all questions here:
http://digsy.co/tenant-and-owner-questions
TENANT
QUESTION
#4
Hey Bill,
Done some leases with nearby
companies, so I wanted to ask...
Are you by any chance stuck in a lease,
but will need less space this year?
Let me know. There are solutions for this.
Download all questions here:
http://digsy.co/tenant-and-owner-questions
OWNER
PROBLEMS
Owner problems in commercial real
estate are...
1. My largest tenant is leaving at the
end of the year, I need to find a new
one
2. I just sold a property and don’t want a
lot of taxes
Download all questions here:
http://digsy.co/tenant-and-owner-questions
OWNER
QUESTION
#1
Hi Patrick,
Are you by any chance expecting a big
vacancy or multiple tenant vacancies in
your building this year?
Let me know.
I talk to hundreds of tenants a month.
There may be a preemptive opportunity.
Download all questions here:
http://digsy.co/tenant-and-owner-questions
OWNER
QUESTION
#2
Hi Patrick,
Are you by chance thinking of having to
find a 1031 exchange property this year?
Let me know.
There are options so you can keep those
capital gain taxes down.
Download all questions here:
http://digsy.co/tenant-and-owner-questions
Download all questions
http://digsy.co/tenant-and-owner-questions
How to get through the gatekeeper
The key is confidence and familiarity. Instead of a stodgy “formal”
interaction, try informal and familiar tone of conversation. For example, try:
“Hey [gatekeeper name], i’m running to another call, sorry to be short. Can I
talk to Bill real quick? Or “Hi [gatekeeper name], did Bill leave the office? Can
I talk to him real quick?”.
This only works if you are oozing confidence and familiarity. Anything less
and you’ll probably be banished to voicemail wasteland.
Tricks to book more appointments
● Ask questions FIRST!
○ Find the pain, get meeting for a full option review consultation
● Prospect efficiently & automate
○ Toggling between CRM, email, property DBs, and data-entry is
very time-consuming. You can easily automate 80% of this work!
● Make scheduling easier for the client
○ 60% of emails are read on mobile. Looking at your calendar on
mobile is a pain for a prospect. Instead, suggest 3 times & use
automated calendar tools like Calendly
● Follow-up consistency
○ Increase your sales up to 40x by simply following up 5-12x
FOLLOW - UPS &
LIKELIHOOD
Once = Up to 2%
Twice = 3%
3 times= 5%
4 times = 10%
If you make 5 or more
follow-ups your likelihood
increases 80%
HOW MANY SALES
REPS
FOLLOW-UP?
Once = 50%
Twice = 25%
3 times= 12%
10% of salespeople make 5 or
more touch points with a
prospect
Executing Follow Ups are a breeze
Make each follow-up a question!
TENANT
Question
#1
(CALL)
Question
#2
(EMAIL)
Question
#3
(CALL)
Question
#4
(EMAIL)
USE EMAIL TEMPLATES
(you can also use www.digsy.ai)
If you don’t talk to prospect, here is an
easy-and-effective Prospecting Workflow
WORKFLOW DEMO
You can watch it here:
http://digsy.co/followupworkflow
Download your free
“Best Times to
Send Emails” sheet
at
http://digsy.co/emailtimes
Andrew Bermudez
CEO & Co-Founder
www.digsy.ai
949.229.2476
@AndrewBermudez
QUESTIONS?
www.digsy.ai
Scheduling demo:
sales@digsy.ai

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Effective Cold Calling Techniques [Commercial Real Estate]

  • 1. Andrew Bermudez CEO & Co-Founder www.digsy.ai 949.229.2476 @AndrewBermudez Cold Calling Techniques Generate More CRE Meetings & Deals
  • 2. ● Brokers waste 15+ hours/week searching & entering data — foregoing 100s of sales appointments & many deals per year ● The likelihood of closing a deal jumps to 13.51% after simply meeting a client face-to-face ● Brokers can simply improve their sales performance by 23% just by efficiently researching clients through social media ● 80% of all sales are made between the 5th and 12th contact with each prospect. Statistics
  • 3. Sales is a Science “ HOFFELD GROUP Proven Science for Successful Selling
  • 8. Problem Holder (Customer) Problem holders in commercial real estate Tenants Property Owners Buyers Lease Expiring Need More Space Need Less Space Needs a Tenant Needs a Buyer Needs a Property
  • 9. Challenge to efficiently finding problem holders Lots of time to find themYour time is limited You don’t make money (-ROI) Problem Holder (Customer)
  • 10. How do you find them efficiently?
  • 11. How to find them was in our last webinar We went over how to: ● Save time finding clients with strategic targeting ● How many calls to find new clients ● Tracking your progress ● Time-management: Automate data-entry ● Free prospecting material - oh yeaaaa! Watch Webinar Video, Get Materials: http://digsy.co/proven-tactics
  • 12. Also, watch webinar... How to Find Tenants Who Are Ready to Move http://digsy.co/ready-CRE-tenants
  • 13. 1. Calling techniques 2. How to get prospects to meet with you 3. Easy-to-implement prospecting workflow OVERVIEW TODAY
  • 14. Download Copy http://digsy.co/calltimes Cold Calling Techniques ● Find a reason to call. Do your research on the company or person ● Always talk to the decision maker ● Find mutual connections through social media ● Ask questions FIRST — better understand problem to successfully tailor your pitch ● Be casual, cool, and helpful - not too salesy! ● Call during the best times, don’t waste time on what’s not optimal
  • 16. YOU’RE REAL ESTATE MESSIAH ON A MISSION Remember, you’re a doctor that saves lives of people with CRE problems. You’re trying to help... ● Finding problem holders is just asking questions ● Focus on brevity — you just want a “Yes, I have a problem” ● They need you more. You’re just making it easier for them to find the solution
  • 17. Forget the damn script FOCUS ON QUESTIONS!
  • 18. TENANT PROBLEMS Common tenant problems in commercial real estate are... 1. I’m paying too much rent 2. My lease is coming up and afraid my rent will increase 3. I’m in need of more space, but locked into my lease 4. I have too much space
  • 19. TENANT QUESTION #1 Hey Bill, Done some lease rent reductions with nearby companies, so I wanted to ask... Are you by any chance feeling like you may be paying too much rent this year? Let me know. There are solutions for this. Download all questions here: http://digsy.co/tenant-and-owner-questions
  • 20. TENANT QUESTION #2 Hey Bill, Done some lease renewals with rent reductions with nearby companies, so I wanted to ask... Are you concerned your rent will increase when your lease comes up for renewal? Let me know. There are solutions for this. Download all questions here: http://digsy.co/tenant-and-owner-questions
  • 21. TENANT QUESTION #3 Hey Bill, Done some leases with nearby companies, so I wanted to ask... Are you by any chance stuck in a lease, but will need more space this year? Let me know. There are solutions for this. Download all questions here: http://digsy.co/tenant-and-owner-questions
  • 22. TENANT QUESTION #4 Hey Bill, Done some leases with nearby companies, so I wanted to ask... Are you by any chance stuck in a lease, but will need less space this year? Let me know. There are solutions for this. Download all questions here: http://digsy.co/tenant-and-owner-questions
  • 23. OWNER PROBLEMS Owner problems in commercial real estate are... 1. My largest tenant is leaving at the end of the year, I need to find a new one 2. I just sold a property and don’t want a lot of taxes Download all questions here: http://digsy.co/tenant-and-owner-questions
  • 24. OWNER QUESTION #1 Hi Patrick, Are you by any chance expecting a big vacancy or multiple tenant vacancies in your building this year? Let me know. I talk to hundreds of tenants a month. There may be a preemptive opportunity. Download all questions here: http://digsy.co/tenant-and-owner-questions
  • 25. OWNER QUESTION #2 Hi Patrick, Are you by chance thinking of having to find a 1031 exchange property this year? Let me know. There are options so you can keep those capital gain taxes down. Download all questions here: http://digsy.co/tenant-and-owner-questions
  • 27. How to get through the gatekeeper The key is confidence and familiarity. Instead of a stodgy “formal” interaction, try informal and familiar tone of conversation. For example, try: “Hey [gatekeeper name], i’m running to another call, sorry to be short. Can I talk to Bill real quick? Or “Hi [gatekeeper name], did Bill leave the office? Can I talk to him real quick?”. This only works if you are oozing confidence and familiarity. Anything less and you’ll probably be banished to voicemail wasteland.
  • 28. Tricks to book more appointments ● Ask questions FIRST! ○ Find the pain, get meeting for a full option review consultation ● Prospect efficiently & automate ○ Toggling between CRM, email, property DBs, and data-entry is very time-consuming. You can easily automate 80% of this work! ● Make scheduling easier for the client ○ 60% of emails are read on mobile. Looking at your calendar on mobile is a pain for a prospect. Instead, suggest 3 times & use automated calendar tools like Calendly ● Follow-up consistency ○ Increase your sales up to 40x by simply following up 5-12x
  • 29. FOLLOW - UPS & LIKELIHOOD Once = Up to 2% Twice = 3% 3 times= 5% 4 times = 10% If you make 5 or more follow-ups your likelihood increases 80% HOW MANY SALES REPS FOLLOW-UP? Once = 50% Twice = 25% 3 times= 12% 10% of salespeople make 5 or more touch points with a prospect
  • 30. Executing Follow Ups are a breeze Make each follow-up a question! TENANT Question #1 (CALL) Question #2 (EMAIL) Question #3 (CALL) Question #4 (EMAIL) USE EMAIL TEMPLATES (you can also use www.digsy.ai)
  • 31. If you don’t talk to prospect, here is an easy-and-effective Prospecting Workflow WORKFLOW DEMO You can watch it here: http://digsy.co/followupworkflow
  • 32. Download your free “Best Times to Send Emails” sheet at http://digsy.co/emailtimes
  • 33. Andrew Bermudez CEO & Co-Founder www.digsy.ai 949.229.2476 @AndrewBermudez QUESTIONS? www.digsy.ai Scheduling demo: sales@digsy.ai