
"The best agents are the ones who anticipate
and prepare.
They are always ready for the "tough" situations that are common to the real estate profession."
They know the words that work!
There are some people who have "the gift". They always have the perfect reply to challenging or pointed questions.
The rest of us, however, typically think of the perfect thing to say- about 30 minutes AFTER they've left the situation. "I should've said THIS!" is an all to common feeling.
If you find youself in this second group, you have two choices: flounder your way through your carreer, or ANTICIPATE these situations and PREPARE what you'll do and say.
Regardless of how long you've been in real estate, you're going to encounter difficult people, and difficult situations. Now you can access 84 of the most common "tough" situations in real estate- along with expert strategy, dialogue and delivery to handle them!
Draw upon the wisdom and experience of highly successful agents- and turn those challenging scenarios into profitable closings.
Each of the 84 Tough Situations in this manual is clearly described, provides the strategy of how to approach it, and includes several examples of the actual words that work. With a little practice, you'll be ready for any TOUGH SITUATION, positioning yourself as an expert and dramatically enhancing your value to consumers!
And if you're not happy with this resource, there's a 100% money back guarantee- no questions asked.
You'll also receive the 3-hour audio companion, walking you through and demonstrating the exact dialogue for each of the 84 situations!
Listen from your home, car, even your iPod!
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| Situation #9 |
What to say to prevent a seller from
asking you to cut your commission? |
Make sure you provide a "Pre-Listing Packet" to impress the sellers and convey your capability, professionalism and value BEFORE giving your presentation. At the beginning of your presentation, say:
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The words that work
- “Mr. and Mrs. Seller, I'm sure you're aware that there are real estate agents in this area that will cut their fees in order to get your listing.”
- “Let me share with you right up front that I am a full service, full commission professional. I don't ever compromise my services and I don't cut my fees.”
- “With that point made clear, let me ask: should I leave now or do you want to hear about my marketing system and my record for meeting the expectations of sellers like you?”
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| Situation #77 |
What to say to a seller who is wants to "test the market" by overpricing their house? |
This is a great opportunity to use a THIRD PARTY example- it gets an important point across without being confrontational.
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The words that work
- “Mr. Seller, last year a property owner over on 12th Street wanted to sell his home. It was valued at $240k, but he decided to "test the market" and listed the property at $275k. Two things happened here, and both of them were bad."
- “First, the buyers who were looking for a $240k home didn't come to look- it was out of their price range. And second, those who did come were looking for homes truly worth $275k- and found this home just didn't measure up."
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| Situation #84 |
What are some real estate word choices every agent needs to implement? |
The bottom line- your word choice matters! Consider the following phrases:
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The words that work |
Avoid:
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"You have to lower the price of your home."
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Instead try: |
"Let's get your price more competitive."
This puts the focus on the sale, not them losing money! |
Avoid:
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"You have to first get qualified. "
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Instead try: |
"Let's talk with our mortgage department to determine your purchasing power."
The word qualified reminds people they can be DIS-qualified! |
Avoid:
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"I want you to. . ."
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Instead try: |
"Would you give me the courtesy of. . . (concession, appointment, callback) "
"courtesy" conveys respect, and adds polite pressure for them to not be discourteous! |
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Below is the list of all 84 "Tough Situations"!
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1. When you don’t want the listing
2. When presenting a low offer
3. Is the seller considering other agents?
4. Hold sellers decision for your 2nd call
5. Seller mad you’re not showing their house
6. To avoid talking price too soon
7. How to ask for the listing
8. A seller’s upset the house isn’t selling
9. Prevent commission concession request
10. When asked for your fees/commissions
11. A seller asks if your fee is negotiable
12. A seller asks you to cut your commission
13. A seller keeps asking you to cut your fee
14. A seller asks you to match a lower rate
15. Have sellers already selected an agent?
16. Seller notes few came to the open house
17. Is the seller buying your presentation?
18. Sellers are interviewing other agents
19. Another agent says they can get more
20. Seller asks how often you’ll advertise
21. Seller wants pricing advice but won’t list
22. Find out if seller is ‘using the agent’
23. Presenting a ‘Home Warranty’ program
24. Seller asks can we get ‘just a little more’
25. Early offers are often the best offers
26. Seller wants a ‘negotiating cushion’
27. Sellers don’t want a yard sign
28. Sellers don’t want an open house
29. Sellers want to list high; reduce later
30. Seller questions our motives to price low
31. Establishing a contacting schedule
32. Preparing the seller for problems
33. Questions for initial contact/home tour
34. Won’t reduce price but wants offers
35. Previous ‘bad experience’ with an agent
36. How to get written seller testimonials
37. What to say during service contacts
38. Sellers compare you to other agents
39. To reduce hostility with a FSBO
40. When re-contacting FSBOs
41. When FSBO sells their property
42. FSBO thinks they have a buyer, not sure |
43. Buyer wants to work with many agents
44. Buyers say, “I want to think it over!”
45. Buyer mad at seller slow response
46. Buyer also has a house to sell
47. Buyer wants to make a really low offer
48. Consumer asks, “Who do you represent?”
49. Handling a ‘sign caller’, what’s the price?
50. Closing the buyer….asking them to buy!
51. Getting rid of an ‘unworthy’ buyer
52. Determine if buyer has an advisor
53. Helping the buyer show the advisor
54. Identifying the ‘picky’ buyer
55. Building a negotiating strategy
56. Get commission when showing a FSBO
57. Getting a buyer to meet you in person
58. Buyer had a previous bad experience
59. Keeping the buyer comfortable with you
60. Getting a phone caller’s name
61. What to say first to open house visitor
62. Tactfully asking for business
63. When handing out your business cards
64. Nailing down a referral lead
65. How long have you been in real estate?
66. How is the real estate business?
67. Aren’t all real estate agents alike?
68. So sellers realize they have competition
69. When sellers mention a discount broker
70. Sellers to look objectively at their house
71. Controlling consumer expectations
72. Getting the listing before talking price
73. Where buyers come from
74. Advantages of being with a big agency
75. Advantages of being with a small agency
76. “Dirty tricks” some agents play
77. Price reductions send the wrong message
78. What kind of market are we in?
79. Hypotheticals and Third Party Stories
80. Get buyer to focus on house, not price
81. About the ‘bad things’ that aren’t there
82. When a seller becomes the buyer
83. Discouraging ‘ridiculous’ offers
84. Word Choices….little things mean a lot! |
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John Hamilton |
Words That Work has been written and developed by John Hamilton who also narrates the audio companion.
- John calls on a background of over 35 years of real estate experience
- John speaks to over 120 audiences annually on negotiating and sales
- His 2 day Certified Skilled Negotiator program receives rave reviews
- Visit NSMonthly.com to receive John’s FREE negotiating tips
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Equip every agent in your office with this powerful tool! Contact us to learn about inexpensive license discounts.
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