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RUNNING A SUCCESSFUL <strong>REIA</strong> MEETING<br />

One of the things we do, and we actually have it in our contract, is<br />

that I want <strong>to</strong> personally contact everyone who requests a refund. So<br />

if the <strong>REIA</strong> group gets a refund request, they contact my office and I<br />

personally call the student. I start out by saying something like this:<br />

“Hi. This is Larry Goins and I wanted <strong>to</strong> personally give you a call<br />

<strong>to</strong> see if there is anything I can do <strong>to</strong> help you get started.” At some<br />

point they will tell me they want a refund. Then I go <strong>to</strong> work trying<br />

<strong>to</strong> save the sale. If I cannot save it I will then find out what they<br />

want <strong>to</strong> do in real estate. I usually end up saying that I have a<br />

different program that I think will fit their needs better and I would<br />

like <strong>to</strong> offer it <strong>to</strong> them for free just <strong>to</strong> keep the original program. I do<br />

this <strong>to</strong> show them that I am serious about helping them and earning<br />

their business. I will usually give them a webinar link <strong>to</strong> view the<br />

presentation for the new product and tell them <strong>to</strong> call or email me<br />

after they watch it and let me know if they want that program. I also<br />

never charge the <strong>REIA</strong> group for the cost of the additional course or<br />

shipping or anything. I consider it a cost of doing business, and I<br />

have just saved a sale for both the <strong>REIA</strong> group and myself. It works<br />

most of the time.<br />

Pay On Time<br />

This waiting period does, however, need <strong>to</strong> be agreed upon before<br />

the event takes place. It is vitally important that your speaker<br />

understands why they need <strong>to</strong> wait, as well as how long they will be<br />

waiting. Try <strong>to</strong> come up with a set amount of time. Thirty days is a<br />

good standard <strong>to</strong> go by. After this period of time has passed, not<br />

only is it unlikely that you will see any additional sales or returns,<br />

most <strong>REIA</strong>s and speakers alike don't offer more than a thirty-day<br />

return policy anyway.<br />

Remember, just like <strong>REIA</strong> owners get <strong>to</strong>gether and talk, so do<br />

speakers. When speakers get <strong>to</strong>gether and talk, they are going <strong>to</strong> ask<br />

their peers for their unfiltered opinion on the groups they've spoken<br />

for. If payment was late or sales were handled poorly, this<br />

information speaks loudly and travels quickly.<br />

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