The Value of Small Talk - HECMWorld.com Skip to content
Advertisement

The Value of Small Talk

Advertisement


Open-Mtg-2018-Knock

reverse mortgage newsWhen I reflect on my most successful and profitable sales I’ve closed there is one common denominator. Small talk. In our take-charge, Type-A personality world many have forgotten or even avoid small talk. The question is are we missing out?

Sales are built on more than need, they are built on relationships. Can you imagine living in a world without small talk? How would we size up someone we just met? How can we uncover a person’s dreams, goals…

Download a transcript of this episode here.

Looking for more reverse mortgage news, commentary, and technology? Visit ReverseFocus.com today

Share:

Editor in Chief: HECMWorld.com
 
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
 
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
 
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.

Leave a Comment

3 Comments

  1. Small talk is also part of being able to provide better customer service. People do business with those they like, trust and have product knowledge. After all, why would you do business with someone who turned you off?

    Part of the sales job itself is enjoying your customer interaction. In dealing with Reverse Mortgage customers, you can learn a whole lot of interesting things they relate about their own personal history plus you make some new friends along the way and may enlarge your referral base.

  2. Shannon, your message this morning was excellent.
    Small talk is a very important part of my sales approach, and I’ve been using it for many years.
    My prospects love my small talk, it makes me a human being and a friend, and not just someone who is trying to sell them a reverse mortgage.

  3. This video is so on point. For many years I have seen the most loyal, most profitable relationships were those where there was more than just a transaction going on.
    People in our industry always complain about being commoditized and not being appreciated for the extra value they bring to the table.
    And yet, ‘small talk’ is eschewed by many sales managers as a time waster or worse. It is hard to trust someone who has no interest in you as a person, and whom you have no feel for as something other than a name and quote. If you don’t care enough about your clients to get to know them – at least a little – why should they care about you? It works both ways.


Add a Comment

Your email address will not be published. Required fields are marked *

Advertisement
Advertisement

Recent Stories

Topics

Subscribe to join our World

Get the latest reverse mortgage news delivered straight to your inbox.