What’s the Problem?

For every problem, there is a solution that is simple, neat, and wrong. ~H.L. Mencken

The above quote, if taken as mantra, will curtail your success in the real estate profession because in real estate, problems are a fact of life.

In real estate, problems are created with conflicting interests of parties. As a real estate salesperson, your job is to solve these problems – to address difficulties and arrive at plausible and practical solutions.

Good problem-solving skills are fundamentally important if you are going to be successful. In fact, this skill is particularly useful in listing and selling activities. Effective problem solving takes patience, confidence, and creativity. You also need to be systematic and logical.

Following is a five-step process you can use to solve your next real estate problem.

Step 1: Identify the Problem

Ask yourself the following questions:

What is the actual situation?

What is the desired situation?

What is the cause of the difference?

Step 2: Create a list of possible solutions

Create a list of possible solutions (there could be more than one), which will increase your chances of selecting the right solution.

Step 3: Select the best solution

Select the most effective solution you feel will solve the problem.

Step 4: Implement the solution

Apply the solution to the problem.

Step 5: Evaluate the results

Did the solution work? Is the problem resolved? If not, it’s time to select another solution.

For More Information

For more information on problem solving, including problem solving personalities and problem solving examples, please consult our A Mentoring Kit for New Salespeople: Training For Success http://bit.ly/1h0I8Ks.

 

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What’s the Problem?