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Realtor having first sit-down with Commercial Real Estate Developer
Published by: webmaster 2009-01-08
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  • I'm a Realtor and my husband is a real estate appraiser. I'm scheduled to have my first sit-down with a major Commercial real estate developer over lunch. I will have my husband, my business partner and her husband (also a business partner), and the Commercial developer along with his significant other (wife??) and/or personal assistant - kind of like a triple date. I'd like to know what are some of the "right" questions to ask; what are considered "taboo"; how casual should my body language be/or how aggressive and business-like should I be. I would really love to earn his business; but have never dealt with his caliber before. I don't want to sound too unpolished and would like to speak confidently, commanding his business (in a subtle way, of course). Thanks


  • Hi, This is just a free comment, not an "answer" to your question, AND I am no expert. I have already posted to your husband's question on one aspect of yours. (If you didn't know he posted one, you can find it.) I think that you and your female partner should agree to dress conservatively, but well, your best business clothes appropriate to the place you are meeting - shows respect. To some extent, the fact that the investor will be bringing his wife will help, since you can follow her body language, unless she is much younger. Whatever, you don't want to upstage or outshine her. Since he has chosen to bring her along and make the meeting seem more of a social occasion, it may start with informal getting acquainted and no business, but that will still be important, the impression they get of you four. There is a chance that the only discussion of business will remain general, just to get an impression of your (plural) experience, competence, and compatibility with his way of thinking, rather like an initial job interview that at best ends with an agreement to meet again. That is what it is, isn't it? And they probably have done this sort of thing before, can be considered a team, he may value her judgement and impressions of two business women. Taboos? Talking about family, unless he raises the subject, but don't ask him about his, unless he volunteers information. Let them lead the conversation. (You really should try to learn as much as possible about him and his business before the meeting.) If there is a complete lull, have something to say about current events - but not politics or religion. Of course, if you know about his hobbies or community work, you could ask about that. Compliments: about her apparel, his business, whatever. Someone once wrote that a compliment only has value from someone who really knows, i.e., someone who is an equally good performer at the activity, has jewelry of the same quality, etc. Wealthy people know what they have and what it is worth - and are accustomed to hear it mentioned. Just say you like something, if you do, and don't gush. And if you receive a compliment or hear an "I like that," just say thank you and don't add any explanations, unless asked. (The remark may not have been entirely sincere.) In this kind of semi-social meeting, you all want to come across as social equals, professionally competent. I hope this is some help - and not off track. Good luck! Myoarin
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