Category Archives: Seller Services

CMA Presentation: Determine What’s Important To Them

During you presentation with a consumer, you’re going to discuss a few things. They are exactly the following:

1. Their Needs

2. Your Company

3. You

4. The Price

5. The Commission

6. The Decisions

7. The Agreement

Now during numbers 2 & 3 – you MUST ask two simple questions:

Addressing company – “Before I get into what my company has to offer, tell me NAME(s), what’s most important to you in hiring a company to market and sell your home?

Addressing you – “Before I get into what I offer as an agent, tell me, what’s the most important aspect of a real estate agent for you in selling your home?

Now they may struggle with this question so you can give them some examples:

“Well in my experience, I’ve had homeowners who didn’t like open houses and some that felt that was really important. I’ve also had people tell me that honesty is the most important characteristic of the agent. I’ve also had people tell me – got buyers??? – likes do you or your company have buyers right now looking for houses in this area.”

This is just something you could say. Word it however it feels comfortable to you.

The reason you want to ask these questions is – without really knowing what they’re looking for – you will just be covering everything you THINK is important to them. And you might cover so much and still miss what is most important to them.

I like to say the following if they struggle with these questions:

“In my experience in sales, I always focus on what the consumer wants. Like with the buyers who come to see this home, I want to make sure we address what it is their looking for so I can highlight it to them and help them get a feel for the house and the features that best speak to them. So I’m asking you, what’s most important to you?

They may say, “I don’t know. I’ve never done this before.”

You can then say, “Well neither have I…(LOL)” HUMOR – is huge. Then just say:

“Well, let me focus on the three key areas of selling a home….”

And take it from there.

Always remember to keep things succinct. Don’t overload them. Focus on the key areas that highlight your company strengths and yours.

THE Only 4 Objections In Sales

They are:
1. Money
2. Time
3. Stall
4. Product/Service

Consumer’s use these either with legitimate reasons (and money is never legitimate) or they are not SOLD on something you’re presenting.

Take OWNERSHIP of your failure to convince someone to buy from you.

The advantage of knowing what objection a potential client/customer is using, puts you in a position to know how to handle that objection. This is very important.

Listen, you either want to sell or you will be sold!

Seller Services: 5 Stages of Grief

1. Denial – Deal with this at initial appointment! Fight through it best you can. Do not leave an appointment with listing with a client who is in this stage – or try like hell to make a dent in it by going over their motivation, and follow up/through on communication, documentation of listing activity.

2. Anger/Frustration – They express their “disappointment” in your services/results.

3. Bargaining – Seller begins giving you advice. I.E. “Let’s do an open house.” “Why don’t we do more flyers.” “Have you tried this or that…”

4. Disappointment/Depression – Very important not to stay here. Constant feedback and INFORMATION is key to combatting this and moving the client right through this stage quickly.

5. Acceptance – Get here fast!

Master these in moderation. Extreme “Grief” is like a death. Moderate “Grief” is home not selling. Sellers go through these stages.

It’s best to get them to number 5 fast!

SHORT QUICK & FREQUENT CONVERSATIONS ARE KEY. A OUTGOING CALL LASTS 2-5 MINUTES. AN INCOMING CALL LASTS 20.

Seller Services: 7 Key Questions To Ask At CMA

Begin CMA with these questions:

1. Why are you selling?

2. Where are you moving?

3. What do you think the home is worth? (Pre-Appointment Question)

4. What do you owe on the home?

5. Have you ever sold a home before? What was that like?

6. Other than yourself, who will be helping you make the decision to move? (Pre-Appointment Question)

7. What’s your greatest fear or concern about selling?