User7017_7_t George Souto
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 If you are reading this Post you are probably thinking why would any sales person want to hear the word “NO”?  The word that sales people want to hear is YES!!!  That is the bottom line in any sales transaction, because without a YES there is no transaction.  So why should salespeople want to hear the word NO?  Well please humor me for a few minutes, and consider the following.

The answer to why sales people should love to, or at least want to hear the word NO is very simple if you just stop and think about it.  Anyone who has ever made a sales call whether it be cold or not, sent out a mailing, or done any type of marketing, knows that you will receive a certain number of NO’s before you get a YES.  I am not an expert on marketing, but I have been told that for every peace of mail that you sent out, you will be lucky to get 1 YES for every 100 peaces that you mailed.  I have done a fair amount of cold sales calls in my 31 years in sales, and I would say that if I get 1 YES for Every 10 cold calls I make I am doing pretty good.

So why should I want to hear 10, 100, or even 1,000 NO’s before I hear a YES?  It is because if I know that I have to hear a certain number of NO’s before I get a YES, then I should be happy that with every NO I hear it will be one less NO before I get the YES that I am looking for.  Instead of being depressed that I just got another NO, I should be excited that I am now one less NO closer to getting a YES.  No one likes to be rejected, and I am no exception to that, but when I look at this way, it makes the NO’s a lot easier to accept, and to move on to the next sales call.

It is important for sales people to find the positive in what we do, even in NO’s.  If we don’t look for the positive, than how will we motivate ourselves to put the negatives behind us, and continue to look for the YES’s in life?  We can look at a NO as a rejection, or we can look at it as one step closer to getting our YES. 

So when I am cold calling I can’t wait to get the NO’s out of the way so that I can get to the YES, and the quicker that I do that, the quicker I will achieve my desired result.  A career in sales is not an easy one, and in order to be successful in sales you need to look for positive motivation in what ever you do.  If you don’t then you will either not be around for long, or will just become an order taker waiting for the phone to ring.  No one likes to be around a negative person, even if that person is you.  Welcome the NO’s in life so that you can enjoy the YES’s.

 
This post has been included in Connecticut Information

72 Comments on The Word That Sales People Should Love To Hear……….NO!!!

Sorry Jeff, I like the sound of the word "yes" better than I do the sound of the word "no."  Thanks for the kind comments last week.  Happy New Year!

01/01/2007 01:32 PM by Ed Rybczynski (Rybczynski Consulting)


I think in one of Floyd Wickman's classes the instructer always said 1 NO is worth $25.00. Just keep adding up the no's until you get the YES and that was his theory.

When showing property I hate it when buyers never give an objection. When they go thru a house and go ga ga over it they never buy it. I have had buyers you'd think have fallen in love with it and never buy.

The people that find fault and a couple of negatives then I can overcome their objections is when I am more succesful.

Happy New Year!

Thanks Jay

Go Pats!! 

 

01/01/2007 01:58 PM by Jay McGillicuddy~Real Estate Broker (Prudential Verani Realty)


Ed, I like YES's also, that is why I want to get the no's out of the way so that I can hear one of my favorite words.

Jay, thank you for sharing that, I had never heard it put that way, but I like it.  Now that you have shared it, I will never forget it. 

 

For any one who is reading this post, if I don't respond right away is because something is going on with my e-mail and I am not receiving them.  I can see your comments in the post, so I will be checking it so I can respond. Hopefully I will it will be corrected soon. 

01/01/2007 02:11 PM by George Souto (McCue Mortgage Co.)


"Mortgage George"

The NO's serve another purpose. They are a teaching tool. Every NO teaches you something and pushes you forward.

When I used to do cold call sales and someone said NO to me my response to them was always "Why"...

I discovered that by doing this I could find out what the objection was and address the objection either on the spot or on my next call.

A NO is not always a NO sometimes it's a "Yes. But I need you to try harder to sell me." :)

I know that my comment has nothing to do with positive vs negative. Or does it? SVW.

TLW "The Lovely Wife"...Smiling Very Wide. :) ROAR!

01/01/2007 02:13 PM by "The Lovely Wife"...Broker Bryant's Wife... (Co-Owner Tutas Towne Realty, Inc.)


Excellent post George, we often forget that no is the path to yes, just part of the process. And as TLW mentioned above, a great teaching tool. Also, Happy New Year to you and all my best wishes for 2007.

01/01/2007 02:21 PM by The Blog Artist - marti garaughty (The Art Of Marketing You)


TLW, on the contrary the comment is VERY positive, and advising people to ask why is excellent.  Too many people are afraid for some reason to ask why.  The objection might be a very simple one, and the no quickly becomes a yes.  Another great suggestion.

01/01/2007 02:24 PM by George Souto (McCue Mortgage Co.)


Marti, you are right "no is the path to yes" thank you for adding that.

01/01/2007 02:26 PM by George Souto (McCue Mortgage Co.)


George, First, Happy New Year! Very true post George, we must work our ways through the NOs to get to the YESs. I'm much more concerned when they just look at me with a silent stare:)

01/01/2007 02:53 PM by Bryant Tutas-Tutas Towne Realty, Inc


George, In training and negotiation we know we have to get past the No's to get to the Yes... Like Jay I also count the No's and know that I'm getting closer to  Yes...

Nice reminder George... Happy 2007 !

01/01/2007 02:57 PM by Monika McGillicuddy~NH Real Estate Broker (Prudential Verani Realty)


Hi George,  I guess it's all about that inner strength and the drive to press on.  As sales people we know many times a no is just an answer that means they don't have enough information.  I've been in sales and marketing since college in the 80's and the no's are not fun to hear but part & parcel of the landscape. 

01/01/2007 03:03 PM by Kelly Mitchell (RA) BBA, Top 5% PRUDENTIAL USA (Prudential Locations Honolulu/ Kelly Mitchell Group)


George, I couldn't agree more.  This was/is one of the most difficult things for me to work through.  I get discouraged when I get a no, but this is a great way to think about it.

01/01/2007 03:07 PM by Southern Indiana Real Estate ~ Brett Mumaw (Semonin Realtors)


Great reminder for all of us.  That 1 no, gets me closer to the next yes.  Our business is a numbers game and works on the law of averages.

01/01/2007 03:20 PM by Rich Kruse (Gryphon USA, Ltd.)


As always a good post George! And sometimes we are even better off for saying no. George knows his nos :=)

01/01/2007 03:23 PM by Carole Cohen Realtor®, ePRO (Howard Hanna Cleveland City Office)


YES!!!!!!!!! George.

LOL. by the way, is your second name Jeff??

01/01/2007 03:26 PM by Eli Magen (New World Mortgages,(Mortgage Company))


 

Bryant, I know what you mean, the blank stares are worst than the NO, because with that you do not know what they are thinking.  At least with the NO you can ask WHY like TLW said.

Monika, I agree, I count them, but am always hoping for less of them before I get to the YES....LOL

Kelly, that is so true, thank you for making it a point in my Post. 

Bret, the No’s can be discouraging, but a good sales person has to work through them as you say. You can not let them get you down.

 

01/01/2007 03:37 PM by George Souto (McCue Mortgage Co.)


Hey Jeff... I mean George...  well, there is meaning to what you have said. It's basically a numbers game. But I am going to look at this from a different persepective though.

Yes, I am a positive person...... but I am semi on the other side of the fence on your take on the word "no". Sure, we know there will be some yeses down the road. But if you can't wait to get the next no out of the way and you have some sort of idea that you will have so many nos before you get that yes.... aren't you going to have that in your mind....  even in your memory, that possibly subconsciously you don't attack each client as you should.???

example.... a client gives you a no. And I don't like to pressure..... but there have been cases that I would work up another scenario and or take a step back and say...  "what can I do or say to possibly get that client or get them to understand, to earn their business."  May it be a client wanting a mortgage or trying to get a realtors business... a financial planner, etc etc. I have gotten business before, after hearing a no before.

Overall, I am not trying to take away from your post. But this part wasn't mentioned and it sounds like one would not work a certain client or business partner hard.... and possibly throw in the towel sooner, just knowing that a "yes" is right around the corner. Hopefully some of this makes sense. 

01/01/2007 03:40 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


"What she said..." (TLW)

George, when I read your blog, I wrote a note on a little piece of paper. (I frequently do this, because after I've read what everyone else has said, I forget what my knee-jerk reaction was.) My note said

No - Why - Prepare

Meaning simply that if someone says "No," I like to ask "Why" because even if I don't have an answer to the objection, I then endeavor to learn. It's also rewarding to contact the "No" and share what I've learned. Sometimes it makes a difference, sometimes not....but now the "No" remembers you as someone who respects her No... and someone to whom she may refer a "Yes."

Sometimes a "no" is a "no" (nods in agreement at TLW), "and there ya have it," in which case you just move on.

01/01/2007 03:41 PM by Dawn Shaffer Photography and Hi Def Virtual Tours (All About Virtual Tours, LLC)


Rich, numbes game, that is a good to put it. 

Carole, I have heard enough of my share, and not just in sales.....LOL

Eli, thank you for the YES, and I answer to anything, George, Jeff, Tom, Dick, or Harry as long as someone calls me I will answer.....LOL 

01/01/2007 03:42 PM by George Souto (McCue Mortgage Co.)


and I didn't read any of the comments....but I just read Rich K's comment... as I said...yes, it's a numbers game. But I think it needs to be look at more than just as numbers..

And I agree with Dawn's seconding of what TLW had said...  it makes sense and is good. 

01/01/2007 03:42 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Great point...

But, let's not overlook the need to identify a niche and reduce the amount of rejection by targeting those more likely to say yes and elminate those who will always say no to create to help create more efficiency.

01/01/2007 03:52 PM by Brian Brass - Guaranteed Rate


Brian, kind of what I was trying to say....  thanks  Again, as I said, I wasn't trying to take anything away from this post, but looking at it from another perspective.... I would agree.

01/01/2007 04:04 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Jeff, it does make sense. I did not address this in the Post because my concentration was just on highlighting the need to understand that there will be a number of NO's along the way to a YES.  I do what TLW commented on, and ask the WHY, a good sales person has to do that.  Thanks for making that addition to the Post.

Dawn, a very good way to go about reading the Posts, I will have to keep that in mind, and you make a very good point, that know can be turned into a yes.

Brain, coming up with ways to reduce the number of NO's is great advice.

01/01/2007 04:13 PM by George Souto (McCue Mortgage Co.)


George, I don't like NO more than I like YES, but a NO teaches me more, that's for sure. The NO's I hear force me to ask more questions, look deeper, find another solution. No's make me better, in fact, they force me to be better. 

01/01/2007 04:18 PM by Jeff Turner (Real Estate Shows)


No means Maybe...Maybe means YES!

Not all No's mean NO!

Happy New Year!

Scott

01/01/2007 04:46 PM by Oak Valley Mortgage-California Home Loans and Refinancing


Jeff, you are right the NO's force us to be better. We need to get beyond the initial objection, but when it remains a NO you have to move on to the YES.

Scott, that does seem to be the meaning a lot of times and a good sales person will ask enough question to find out if it is a real NO or not. 

01/01/2007 04:54 PM by George Souto (McCue Mortgage Co.)


Yes Scott...but Yes that means No is a No...Yes?!

JeffGeorge...LOL thanks for the YES post.

01/01/2007 04:56 PM by Eli Magen (New World Mortgages,(Mortgage Company))


Eli, that is GeorgeJeff.....LOL

I have to thank Ed, for turning this into a good opportunity for a good laugh, I hope he does not mind. 

01/01/2007 05:01 PM by George Souto (McCue Mortgage Co.)


What I try to do in making my presention to a client about a property is to answer all questions before they become objections (NO), so they tell me why they want to purchase the property and naturally I let them.

01/01/2007 05:26 PM by


Sorry, I was not logged in when I posted about making my presentations.

01/01/2007 05:34 PM by Betsy Locke (Cash Now Realty)


Betsy, so that is what happens when we make a comment and we are not logged on, that is the first time I have seen that.

Yes by all means lets follow their wishes if they want to purchase....LOL. 

01/01/2007 06:00 PM by George Souto (McCue Mortgage Co.)


No is an important part of the vocabulary of any professional slaes person.  No also means I want to learn mor, help educate me further so I can say YES!

Have a Blessed Day,

John Occhi, Hemet REALTOR
http://www.johnocchi.com/

01/01/2007 09:53 PM by John Occhi Hemet CA Real Estate (Allison James Estate and Homes)


John, very well put "help educate me further so I can say YES!"  I like that.

01/01/2007 09:56 PM by George Souto (McCue Mortgage Co.)


Well said! While no's can be discouraging, we must remember that we are closer to a yes.

01/01/2007 11:13 PM by Doug Lindstrom (ReMax Alliance)


Doug, that is the point, get those NO's out of the way.

01/01/2007 11:15 PM by George Souto (McCue Mortgage Co.)


George, Like your yes & no graphics! 

Selling starts when they say "no"! Without objections to overcome, it is difficult to move forward.

Always ask the buyer, "What don't you like about the house?" Then, be quiet and listen!

WWW.homerome.com

Baltimore,Md

01/02/2007 12:07 AM by Margaret Rome- Baltimore, Md.-HomeRome.com (TREC-Sell Your Home With Margaret Rome)


My goal in 2007 is to increase the value of the "No"s that I hear.

In other words...carefully choose my words and build rapport so that it takes fewer before a yes.

I wish you a "yes"-filled 2007!

01/02/2007 12:28 AM by Hemet Home Loan Guy, Joey Aszterbaum (Patrion Mortgage)


I will say no to cold calling, I hate doing them.  I get a lot less no's that way.

01/02/2007 02:24 AM by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes)


Great reminded as we start the new year.  I am not turned off by  no's I know sooner or later there is a yes around the corner.

01/02/2007 08:21 AM by Jennifer Fivelsdal, Rhinebeck NY (Keller Williams Realty)


"NO" disagreement here - we subscribe to the numbers game theory and the fact that you will get more NOs than YESs.  Once we have a Listing Appointment set - the number reverse.  We run between 88 and 93% taking the listing - and some of the ones we don't take are by our choice.

01/02/2007 09:40 AM by Suzanne Marriott, Associate Broker, CLHMS, e-PRO (Keller Williams Realty Professional Partners)


It's so true that we have to look at everything we can in a positive light...even the word "No".  For every "no" we receive, the next "yes" is just that much closer. 

Thanks for the positive insight!  Happy New Year!

Maria

01/02/2007 10:41 AM by Jim & Maria Hart ~ Charleston, SC Real Estate (Agent Owned Realty)


Yes and no both have value, we can learn from the experience of a no like a telemarketer must experience..just enjoy the yes more.

01/02/2007 11:13 AM by Teri Isner GRI, CRS, CIPS (Keller Williams Celebration)


Everyone hates rejection. We can try to like the "No" answers, but I'm afraid they still do psychological damage to us. We should strive for two answers only: Yes and Maybe

01/02/2007 02:22 PM by Ryan Taylor Homes


I've grown fond of 'not now dear I have a headache.'

01/02/2007 02:31 PM by Carole Cohen Realtor®, ePRO (Howard Hanna Cleveland City Office)


George - I don't care what anyone else says - it makes perfect sense to me! I like that Thomas Edison attitude!

01/02/2007 02:43 PM by Brian Foxworth SC, GA, FL, & TN Mortgage Loans (Palmetto South Mortgage )


 

Margaret, excellent point, we forget all too often to listen to the reason for the NO.  Listening is something that sales people need to do more of.

Joey, that is a great goal to have!!! 

Randy, I bet you get a lot less NO's that way.......LOL 

Jennifer, my feeling exactly. 

Suzanne, those are very good percentages.  Always nice to be in control and have the choice.

 

01/02/2007 03:44 PM by George Souto (McCue Mortgage Co.)


Rule of thumb:  No = I need more information. 

01/02/2007 03:48 PM by Ann Guy (NA)


Jim & Maria, I like to look at it that way also.

Teri, me too, I will take the YES's over the NO's, but unfortunately there will always be NO's so we need to learn how to deal with them. 

Kathy, I agree that is what we should strive for, but a sales person has to deal with the NO's.  I don't know anyone in sales that has been successful without learning how to handle the NO's because we all get them no matter how good we are. 

Carole, that is suppose to be your line not his.....LOL

Brian, thank you for your support.

01/02/2007 03:51 PM by George Souto (McCue Mortgage Co.)


Ann, yep if we dig a little bit a lot of times we can turn the NO into a YES.

01/02/2007 03:53 PM by George Souto (McCue Mortgage Co.)


'Yes' is better than 'no' but either is better than the 'no response' that leads to simply not knowing.  I've told the story of counting 'no' as a dollar amount until finding the 'yes' that makes the figurative slot machine pay off for years so I see your point and agree, philosophically.  I'd rather get a 'no' and stop wondering and stop wasting time and energy if 'no' is what the eventual outcome is going to be anyway.  Having said that, I caution by adding a phrase I have used for years, here at PsPrint and elsewhere in my past: "No doesn't necessarily mean 'no, never!'  It often just means 'no, not right now!'  Be sure and stay in touch for when 'now' is because 'yes' will sound better than 'no' if you do. 

01/02/2007 06:38 PM by Chris Hendricks (Chris Hendricks)


Chris, very well put, I like your phrase.

01/02/2007 06:43 PM by George Souto (McCue Mortgage Co.)


I agree.  I also believe we as Realtors need to say no to some clients, in some circumstances.  In saying no, we are better able to say yes to the next opportunity.

01/02/2007 10:47 PM by Sherry Spengel | Wheaton IL (Prudential Spengel Realty)


Kevin & Sherry, interesting I hadn't thought of it that way.  Thank you for adding that.

01/02/2007 10:53 PM by George Souto (McCue Mortgage Co.)


Kevin and Sherry, In saying no, we are better able to say yes to the next opportunity.

 That is one of my favorite comments on Active Rain!

www.HomeRome.com

Baltimore,Md

01/03/2007 03:38 AM by Margaret Rome- Baltimore, Md.-HomeRome.com (TREC-Sell Your Home With Margaret Rome)


Margaret, I agree that is an excellent way of looking at NO's.

01/03/2007 11:07 AM by George Souto (McCue Mortgage Co.)


You should not have too many "NO's" this year. Just keep doing what you have been doing and you will keep getting more and more "YES's".

01/04/2007 07:04 PM by PHILIP TURNER-MORTGAGE BANKER SINCE 1980 (MCCUE MORTGAGE COMPANY)


George, I just wanted to let you know that this well-deserving post is included in the ActiveRain Week in Review.

01/12/2007 04:47 PM by South Florida Real Estate • Leanne Paynter (HomesCo.com)


Leanne, thank you for selecting it, I am sure that deciding what Posts to include is not easy.

01/12/2007 04:58 PM by George Souto (McCue Mortgage Co.)


I feel that at times, clients who are quick to offer a yes inevitably are not solid clients and are prone to walking away from a deal after numerous hours vested.  I like clients that make me work and ask lots of questions.  This makes me feel that the client is interested in whats going and although at times you may not be certain in the initial "courting" of the client in the end more times than not you will lock down a new client and obtain the satisfaction of a yes.

03/27/2007 10:22 AM by Andy Attary (American Capital Holdings)


Ray, Thanks Ray.  You are going to need glasses after reading all these blogs.

Andy, you are right, sometimes a quick yes is worst than several no's. 

03/27/2007 06:02 PM by George Souto (McCue Mortgage Co.)


It seems strange at first to expect to hear a "NO".  However, I agree with you that each 'NO' bring you closer to your 'YES'.  It is like Thomas Edison who performed over 10,000 experiment before he found the solution to the light bulb.

http://developpositiveattitude.blogspot.com/

07/25/2007 04:39 PM by Henry Atigogo


It is a very good perpective.  Thank you.

 

07/25/2007 04:41 PM by Sajjan Sharma (American Mortgage Professionals, INC)


Henry, thank you for adding that.  We forget sometimes that many great people experienced lots of failures before they achieved success.

Sajjan, glad you view this the way I do.  Thank you. 

07/25/2007 04:48 PM by George Souto (McCue Mortgage Co.)


I agree with having a different perspective to the word NO..I equate it to a half filled glass and not one that is empty. Thanks George! 

07/27/2007 02:19 PM by Agnes Ikotun (AI Virtual Solutions LLC)


Agnes, that is a very good way of looking at it.  Thank you for your comment.

07/27/2007 02:23 PM by George Souto (McCue Mortgage Co.)


George:  I am with YOU on this..... let's get these NOES out of the way....... pave the way for the YESSES!  My "Closed Doors" blogs reflects this along with the one i just did yesterday called "Keep Moving!"  I certainly feel ya here!  Thanks for sharing this blog afresh with us!

07/27/2007 02:27 PM by Rice Property Management & Realty, LLC


Diane, thank for your support on this, always enjoy your comments when you stop by.

07/27/2007 02:33 PM by George Souto (McCue Mortgage Co.)


Hear hear! (Pardon the pun!)

I think of this in a slightly different way, though. If I get to a "no," I don't sweat it. I just thank them and send them on their way. A "no" means you don't have to waste your valuable time on a prospect. If this was covered in an earlier post, I apologize. I scrolled all the way down without reading all of the other posts.

In addition, I'm just starting to use a new system of cold calling that is much different than from what's out there right now. Google it if you're interested: Ari Galper, Unlock the Game. BTW - I'm not affiliated with him in any way; just an enthusiastic student. It makes the "no's" much, much easier to take. And you'll have more quality cold calls to boot!

07/27/2007 02:42 PM by Bob Woods (Sibdu.com/eCREsystems, LLC)


Bob thank you for the link, and I will look at later this evening.  I also appreciate your input on this.

07/27/2007 03:46 PM by George Souto (McCue Mortgage Co.)


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George Souto
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