News: Brokerage

Coaching: A brokerage prospecting lesson from Hillary Clinton - by Rod Santomassimo

Today, I want to talk about your personal messaging, not politics. Although I will use a political example to assist in my message. Think about the campaign slogans from the 2016 election. Most would remember “Make America Great Again.” That was President Trump’s sole focus. Secretary Clinton had a significantly different message, “I’m with her.” 

While it can certainly be argued that Trump has an intensely high ego, his campaign platform wasn’t about him. It was about “Making America Great,” it was about you. Now, contrast that with Hillary Clinton. “I’m with her.” Clinton’s campaign slogan was all about her. In fact, many political hacks strongly believe if she simply changed her campaign platform to “She’s with Us,” she would have won by a landslide. Unfortunately, like Trump, Clinton, positioned herself as having an enormous ego as well.

Enough about politics. The lesson here is you need to make things all about your prospect. When you call, speak in terms of them, speak in terms of their problems. When you call and all you do is talk about you, your services and your experience in the market, you tune your prospects out. Prospects want to hear how you can solve their problems, so talk about that. Keep the focus off you and on your prospects and one day you may shock the world and become the President of the United States too.

Rod Santomassimo, CCIM, is the founder and president at Massimo Group, LLC, New York, N.Y.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced