Memory tips from IAR Convention speaker Tom Weber

by Memory Coach Tom Weber on September 1, 2010

Photo of Tom WeberEver meet someone, get their name, shake their hand and no sooner has the handshake broken when their name “vanished” into thin air? And then what happens? You spend the next five minutes sweating, trying to remember what they said, and praying for someone else to walk up and introduce themselves.

And as important as relationships are in our industry, we cannot afford to have this keep happening. In the book How to Win Friends and Influence People, Dale Carnegie teaches that the number one thing people want you to remember about them is their name.

Here are two simple things that you can do when you meet someone for the very first time to help eliminate names “vanishing” from your mind when the handshake breaks.

1. Slow down and LISTEN.
This may sound overly simplistic, but most of us are usually thinking two or three steps ahead of the process. On average, you can think about seven times faster than others can speak. This means that most of us are in the habit of evaluating the person while they are talking, AND thinking about what we are going to say to them, AND thinking about the 40 other things to do after we are done talking with them.

2. Repeat Their Name Back to Them.
Many people have heard this one before and some have even told me that it didn’t work for them. Well, there is a fine line here between being effective and being obnoxious. I’m not suggesting that you say the person’s name 500 times in the first five minutes and saying it once isn’t necessarily going to help either.

Here is why you are going to repeat it back to the person two to three times out loud. It forces you to slow down and listen. If you know that you are going to say this person’s name two to three times in the first 30 seconds and not sound “over-the-top” when you do it, then it requires you to focus and consciously use their name conversationally. This may feel awkward the first couple of times that you try it, but very quickly it will feel easy and natural and you will no longer have people’s names “vanish” from your mind.

About Tom Weber: Tom Weber is a Chicago-based speaker and coach on personal development and vice president of sales for Freedom Personal Development. His session at the upcoming IAR Convention & Expo “Discovering Your Memory Power” takes place Thursday, September 30. Get convention details at www.illinoisrealtor.org/convention.

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Higher rental rates, low mortgage interest rates and fewer new homes in the pipeline should work in favor for the Illinois housing market in the months ahead, says University of Illinois economist Dr. Geoffrey Hewings, director of the Regional Economics Applications Laboratory (REAL) headquartered in Urbana.

In this video recorded mid-August, he points to pent-up demand from retirees who’ve so far stayed put and people relocating for jobs—especially as the job market picks up—as key sources for the next stage of homebuying and selling.

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Look Who’s Coming to the Illinois REALTOR® Expo

by Kara Kienzler on August 27, 2010

Photo: Illinois Association of REALTORS Annual Convention & ExpoCheck out the many industry vendors you will be able to meet at the Illinois Association of REALTORS® Convention & Expo, September 29 – October 1 at the Pheasant Run Resort & Spa, St. Charles. Get a head start by visiting the virtual expo >>

The real estate expo is your chance to learn about new tools to help you build your business. Expo hours:

  • September 30, 11:00 a.m. to 4:00 p.m.
  • October 1, 11:00 a.m. to 1:00 p.m.

Not registered? Save $10 if you register online now through September 15 • www.illinoisrealtor.org/convention.

  • Members: $125 for full convention | $85 one day
    Non members: $175 for full convention| $115  one day
    Trade show only: $40

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Other perspectives on the housing news

by Michael Onorato, GRI on August 25, 2010

The Illinois housing market is stronger now than a year ago. Despite the July home sales data and flurry of doomsday headlines, year-to-date home sales in Illinois remain solidly in positive territory, up 15.0 percent through July. And the statewide median sale price is holding steady (off just -0.9 percent from the same period last year).

In the nine-county Chicagoland region* sales are up 22.8 percent year-over-year from January through July. The median price remains down 5.1 percent year-to-date, largely due to the impact of distressed property sales sold at a discount.

Several areas of the state are seeing positive sales and median prices in the year-to-date tally including Jo Daviess, Lake, Jackson, Menard, Sangamon, St. Clair and Tazewell counties.

Here are some other perspectives on the housing market.

“I’m seeing a number of buyers ‘get back in the game’ after taking the summer off from house hunting,” says REALTOR® Kim Keefe of Re/Max Plaza in McHenry.

“If I didn’t do any more business the rest of the year, it’d already be better than last year,” said REALTOR® Mike Stodola of Koenig & Strey Real Living in Libertyville, quoted at the end of today’s Chicago Tribune story.

“I still believe our local real estate market is trying to improve, and the discussion of another recession and the nervousness on Wall Street is not contributing to positive consumer confidence,” writes Chip Wagner of A.L. Wagner Appraisal Group in Naperville on his blog. “As I have said many times over, we need the unemployment to get better and that will solve many of our real estate problems.”

Some local markets are faring better.

“I tend to go with the theory that all real estate is local, and not pay as much attention maybe as some do to the national trends because what happens down the street is a lot more important to us,” said REALTOR® Jeff Cross of Re/Max Classic in Carterville in a WSIL-TV news story. “Things like new schools and economic development tend to have a positive influence on local real estate trends.”

Springfield and Decatur, Ill., were among six bright spots noted in a Christian Science Monitor story. In an otherwise down market nationwide these markets are “where home values are rising and median prices are already well ahead of their peak during the housing bubble.”

Housing demand will come albeit slowly for now.

In Chicago Sun-Times columnist David Roeder’s condo story published today, one perspective offered by an industry expert is that “life will go on” even though sales are slower. “Singles graduate and move away from their parents. Couples marry, have children and start looking for a little more space and a new school district. All of that…will feed a demand for homes, from studio condos to move-up Georgians in the suburbs.”

* The nine-county Chicagland region in this report includes Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will counties.

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July lull reported in Illinois home sales report

by Mary SchaeferAugust 24, 2010

Many buyers sped up their moves to make the April tax credit deadline leaving a widely anticipated vacuum of activity for July home sales in Illinois.
The Illinois Association of REALTORS®  July housing market report issued today shows a housing market on hold through the summer months but—after nearly a full year of home sales gains statewide—still ahead 15.0 percent year-to-date January through [...]

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Summer slowdown in Illinois housing market; job growth must improve

by Ann LondriganAugust 23, 2010

Home-buying delays are expected with the withdrawal of the tax credit incentive, says University of Illinois economist Dr. Geoffrey Hewings in a housing outlook video series recorded earlier this month on campus at the Regional Economics Applications Laboratory (REAL) headquarters in Urbana.
People have become more risk-averse, we’re saving more and being very cautious about big-ticket purchases. This mood, says Hewings, [...]

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EPA enforcement of lead paint rules for untrained renovators delayed to Oct. 1

by Mike ScobeyAugust 20, 2010
epa-enforcement-of-lead-paint-rules-for-untrained-renovators-delayed-to-oct-1

The U.S. Environmental Protection Agency (EPA) recently acknowledged the difficulties in getting contractors/renovators up-to-speed on its new rule (under the Residential Lead-based Hazard Reduction Act of 1992) requiring the agency to develop regulations to address renovation, repair and painting (RRP) activities in single- and multi-family housing built before 1978. 
The EPA decided in June that it [...]

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Motivation doesn’t last and neither does bathing! That’s why we recommend it daily.

by Kara KienzlerAugust 18, 2010

Taking a cue from Zig Ziglar who says motivation is a daily requirement, IAR President-Elect Sheryl Grider Whitehurst invites you to GET MOTIVATED and build your business at the 2010 Illinois REALTOR® Convention & Expo, September 29 – October 1 at the Pheasant Run Resort in St. Charles. Learn from top trainers about the latest in business planning, [...]

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Top content from illinoisrealtor.org

by Kara KienzlerAugust 17, 2010

Looking for last month’s home sales data or where to download a sample office policy? These resources are available at your fingertips from the Illinois Association of REALTORS®. In fact, here are the top visited pages from www.illinoisrealtor.org (Source: IAR 2nd Quarter Hit Report)

REALTOR® Search – Search for a REALTOR® by company name, city, last [...]

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Steve Harney: A sneak peak at his opening session.

by Luke RunyonAugust 13, 2010

Hear why you can’t to miss the IAR Convention & Expo from negotiation pro Steve Harney himself! Register by August 25 for the early bird rate!

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