Conversation Framework
Works for Any Strategy
Use this #ShutUpMoney formula to practice and make live calls! This formula will help you:
Disqualify and fire unmotivated sellers in 3 minutes or less.
Make irresistible offers to motivated sellers.
Build a huge "B" Hive of follow-up-worthy leads.
When calling leads, use the #ShutUpMoney formula along with the Flash Cards.
Talk with conviction and confidence.
Record all of your calls using Vocaroo.com.
Consistency is key: practice, practice, practice with daily training sessions and calling times.
Find Motivated Sellers. Everyone you speak to will fall into one of three categories. Organize them in your CRM (e.g., Trello.com) as follows:
A Lead: Make an offer and close today.
B Lead: Build a massive "B" Hive for future follow-ups.
C Lead: Never speak to again! Delete from your list.
ShutUp!! Ask questions ONLY!
ShutUp!! Listen for needs and greeds! (3 minutes to qualify or disqualify)
ShutUp!! No presenting (30-second explanations only - NO PRESENTER MODE)
Be conversational, be yourself, but with good tone. Remember: 10% is the words; 90% is tone. Sit up, breathe, smile, and relax. You're not a telemarketer or a buddy; you're a rich real estate investor. Now, dial...
Quiz/Test: PHONE CALLING SELLERS and MAKING OFFERS
When calling leads, what are the three objectives mentioned in the material?
A) Close deals today, build a follow-up list, and organize leads in CRM
B) Disqualify unmotivated sellers, make irresistible offers, and build a follow-up list
C) Fire telemarketers, make money later, and organize leads in CRM
D) Build a massive hive, delete leads, and make daily training sessions
What are the three categories into which everyone you speak to will fall?
A) A Lead, B Lead, and C Lead
B) Motivated Sellers, Unmotivated Sellers, and Indifferent Sellers
C) Landlords, Realtors, and Investors
D) Hardship, Hero, and Helpless
According to the material, what is the recommended approach when talking to sellers during the #ShutUp-->Money call?
A) Use a telemarketer tone and present detailed explanations
B) Ask questions only and listen for needs and greeds
C) Speak with a buddy-like tone and provide long explanations
D) Use a conversational tone and present a sales pitch
What does the "H" in the #ShutUp-->Money call formula stand for?
A) Happiness
B) is the seller in Hardship or are they a Hero?
C) Hesitation
D) Honesty
What should you do if a seller is categorized as an "A Lead"?
A) Delete the lead and never speak to them again
B) Make an offer and close the deal today
C) Build a follow-up list and contact them later
D) Disqualify the seller and fire them