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- Open House Referrals
Open House Referrals YOU CAN SAY How long have you lived in the neighborhood? Tell me what you like most about this neighborhood. Just think…you could have family members or friends living close by if you know anyone who would like to live in a great neighborhood like this one. Are you thinking of moving? Most people like to know their home’s value. Have you ever been curious about your home’s value? I can stop by and do a CMA—Comparative Market Analysis—to show you the value your home has. When would you like me to stop by? (Give a choice of one or two specific dates/times ) Everyone you meet may be a prospective client. An open house is a prime opportunity to make connections with neighbors who may also be thinking of moving. Making these connections can also lead you to gaining new referrals, as neighbors may have friends or family who are interested in moving to the neighborhood. Next Previous You are free to use the recommended best practices in these materials for your consideration. These scripts are not intended to be used verbatim, and they should always be modified for accuracy. If you choose to make contact by phone or text (i) check phone numbers against the federal DNC registry, any applicable state DNC list and your company DNC list (ii) do NOT use autodialers and (iii) do NOT use artificial voice or pre-recorded messages, this includes those you haven't spoken to in a while. Emails must follow the rules. Emails must be clear it is a solicitation and provide the consumer with an opt-out. Also, before calling or texting referrals, those numbers need to be checked against all applicable DNC lists. Get prior, express, written consent before texting or using artificial or prerecorded messages.
- Lead With Seller Appointments
Lead With Seller Appointments YOU CAN SAY Welcome! My name is (your name). I’m a real estate agent with (brokerage) and work with many buyers and sellers in this area. What are your names? (visitors introduce themselves) It’s a pleasure to meet you. For safety and security, the sellers have asked me to get contact information on every visitor who comes through, so please sign in on the iPad. What brought you to this home today? (We are just looking—we live in the neighborhood) Due to the marketing of this property, more buyers have an interest in this neighborhood. I’m curious, are you thinking of moving? (yes, we’ve been thinking about it) If you were to sell, where would you move? What is important to you about getting to (where they want to move)? What is most important to you about the next home you purchase? Most people like to know their home’s value. Would you like to know your home’s value? (yes) I do a free no-obligation Comparative Market Analysis and share it with you. When would you like me to stop by—Wednesday at 3 p.m. or Thursday at 4 p.m.? Open Houses are a bigger opportunity for lead generation than waiting for your sign, flyer, or virtual promotion to bring people to the door. Open Houses allow you to proactively meet people, drive traffic through your sphere and circle prospecting—connecting with the people around your Open House and asking for business. Next Previous You are free to use the recommended best practices in these materials for your consideration. These scripts are not intended to be used verbatim, and they should always be modified for accuracy. If you choose to make contact by phone or text (i) check phone numbers against the federal DNC registry, any applicable state DNC list and your company DNC list (ii) do NOT use autodialers and (iii) do NOT use artificial voice or pre-recorded messages, this includes those you haven't spoken to in a while. Emails must follow the rules. Emails must be clear it is a solicitation and provide the consumer with an opt-out. Also, before calling or texting referrals, those numbers need to be checked against all applicable DNC lists. Get prior, express, written consent before texting or using artificial or prerecorded messages.
- Seller-Centric Social Media Posts
Seller-Centric Social Media Posts YOU CAN SAY If you knew what was happening in the real estate market right now, you would want to know what your house was worth. Sales were up almost (check the recent statistics of the market and insert here). The supply of listed homes is getting tighter and higher buyer demand is driving up sales prices. The National Association of REALTORS® reported that there were nearly three offers per property in (insert last month’s market statistics here). Whether you're just curious to see what your home would sell for today, or you're trying to decide if selling now is the right decision for you and your family, I have the data to help you make an informed decision. Text or call me today to set up a quick 15-minute call on Facetime or Zoom call so I can gather. We can discuss the details necessary to provide you with the most updated, accurate market analysis. Don't wait until the market changes. Social media enables you to reconnect with previous clients and those who follow you, giving you the opportunity to expand your Sphere of Influence. Create a social media post to showcase how you apply specific market information to support potential sellers. Next Previous You are free to use the recommended best practices in these materials for your consideration. These scripts are not intended to be used verbatim, and they should always be modified for accuracy. If you choose to make contact by phone or text (i) check phone numbers against the federal DNC registry, any applicable state DNC list and your company DNC list (ii) do NOT use autodialers and (iii) do NOT use artificial voice or pre-recorded messages, this includes those you haven't spoken to in a while. Emails must follow the rules. Emails must be clear it is a solicitation and provide the consumer with an opt-out. Also, before calling or texting referrals, those numbers need to be checked against all applicable DNC lists. Get prior, express, written consent before texting or using artificial or prerecorded messages.
- I Want To Offer A Lower Price
I Want To Offer A Lower Price YOU CAN SAY If I'm hearing you correctly, you want to submit an offer below the current list price or underneath the most recent comparative market analysis. Is that correct? I understand. You want to feel like you're making a smart purchase when buying a house and a lot of buyers want to test the market and see what happens. What we have found is that there are risks to this strategy. We're experiencing the hottest seller’s market that we have seen in a long time. Every property sold is getting four offers on average, many times even more. Home values keep increasing month over month, making conditions ultra-competitive for buyers. Can you see why submitting a competitive offer would be the best use of your time? Even in a competitive market with high buyer demand and low inventory, buyers may want to test the market by making an offer under the list price. Use the Feel, Felt, Found technique to redirect buyers to be more realistic, ensuring a successful sale for them and for you. Next Previous You are free to use the recommended best practices in these materials for your consideration. These scripts are not intended to be used verbatim, and they should always be modified for accuracy. If you choose to make contact by phone or text (i) check phone numbers against the federal DNC registry, any applicable state DNC list and your company DNC list (ii) do NOT use autodialers and (iii) do NOT use artificial voice or pre-recorded messages, this includes those you haven't spoken to in a while. Emails must follow the rules. Emails must be clear it is a solicitation and provide the consumer with an opt-out. Also, before calling or texting referrals, those numbers need to be checked against all applicable DNC lists. Get prior, express, written consent before texting or using artificial or prerecorded messages.
- RDA Conversation Model
RDA Conversation Model RAPPORT, DISCOVERY, ACTION Build Rapport: Give sincere compliments, be empathetic to information they're sharing with you, find out what you may have in common and focus on that. Ask Discovery Questions: Ask open-ended questions that allow that person to talk the majority of the time. The more you allow someone to share about themselves, the more rapport and trust you can build through that process. Asking open-ended questions can help you uncover a potential real estate need. Take Action: This is where you can propose an offer to a potential prospect, see if they have a need or a question related to real estate. It is key that you make sure you build rapport and ask discovery questions first! YOU CAN SAY IF THEY HAVE A NEED Would you like to talk about creating a home buying strategy? If you're looking to maybe purchase in the next year or two, you know, let's sit down and come up with that. IF THEY DO NOT HAVE A NEED I have a regular newsletter with local real estate statistics and learning opportunities for consumers who might want or need to buy or sell in the future. May I add you to my newsletter? I would love to connect and be your resource for potential real estate opportunities. One of the hardest parts about talking to new people and starting conversation about real estate is that you do not want to be perceived as pushy. The RDA model for a conversation: Rapport, Discovery Questions and Action can provide guidance and structure to create a genuine, effective conversation with a potential client. Next Previous You are free to use the recommended best practices in these materials for your consideration. These scripts are not intended to be used verbatim, and they should always be modified for accuracy. If you choose to make contact by phone or text (i) check phone numbers against the federal DNC registry, any applicable state DNC list and your company DNC list (ii) do NOT use autodialers and (iii) do NOT use artificial voice or pre-recorded messages, this includes those you haven't spoken to in a while. Emails must follow the rules. Emails must be clear it is a solicitation and provide the consumer with an opt-out. Also, before calling or texting referrals, those numbers need to be checked against all applicable DNC lists. Get prior, express, written consent before texting or using artificial or prerecorded messages.
- SOI
Sphere of Influence Adapting Scripts to a Text Texting F.O.R.D Model Mastering small talk Online Lead Follow-Up Email buyers a market update RDA Conversation Model Create genuine, effective conversations Seller-Centric Social Media Posts Expand your sphere The Power of Storytelling Connect with your sphere Who Do You Know? Expand your sphere through friends/family
- Referrals
A Signed Buyer Agreement Your opportunity to ask for referrals Ask For A Referral Leverage the law of reciprocity Just Listed Your opportunity to ask for referrals Open House Referrals Make connections with neighbors Preferred Vendor Get real estate referrals Recently Sold Home Your opportunity to ask for referrals Starting A Conversation Calling a New Referral Referrals
- Open Houses
Gain New Clients Set appointment with prospective buyers Lead With Buyer Appointments Prequalify visitors motivated to buy Lead With Seller Appointments Offer market report to potential sellers Open House Referrals Make connections with neighbors Promote Your Open House Generate interest and drive traffic Open Houses
- Objection Handling
Another Agent Will Take Lower Commission Show sellers how you will net them more Can’t We Drop The Price If We Don’t Get An Offer Objection Handling- Dropping the Price Communicate, Communicate, Communicate Service the listing How Many Homes Have You Sold? Your response when you are new I Can’t Sell—I Have Nowhere To Go Provide options to sellers I Don’t Want A CMA Educate sellers on the value of a CMA I Don’t Want To Meet In-Person Save buyers time and stress I Don’t Want To Sign The value of the Buyer Representation Agreement I Want Everything Repaired! Set realistic expectations I Want To List At A Higher Price Educate sellers on your pricing strategy I Want To Offer A Lower Price Educate buyers on market conditions I Want To Wait To Buy A Home Educate buyers on market conditions I Want To Wait To Find A Home Update buyers on the market I Want To Wait To Sell Educate hesitant sellers with market data My Friend/Family Member Is An Agent Feel, Felt Found and Benefit Statement Objection Handling
- Circle Prospecting
Leverage Just Sold Listings Circle prospect for leads Leverage Just Sold Listings Educate neighboring homeowners Market Updates Find prospective sellers Non-Occupant Homeowners Showcase your knowledge with market updates Provide A Comparative Market Analysis Educate homeowners on market trends Circle Prospecting
- Buyers
Buyer Expectations Prioritizing home tours Buyer Home Search Narrowing the list Buyer Pre-Approval Offer lender services Buyer Pre-Consultation Set up for a successful buyer consultation I Don’t Want To Meet In-Person Save buyers time and stress I Don’t Want To Sign The value of the Buyer Representation Agreement I Just Want To See This Listing Differentiate yourself by learning buyer goals I Want Everything Repaired! Set realistic expectations I Want To Offer A Lower Price Educate buyers on market conditions I Want To Wait To Buy A Home Educate buyers on market conditions I Want To Wait To Find A Home Update buyers on the market Introducing Buyer Representation Start the conversation about Buyer Representation Low Appraisal Educate the seller on options Market Trends Demonstrate your knowledge with buyers The Buyer Consultation--Goal 1 Build Trust The Buyer Consultation--Goal 2 Articulate Your Value The Buyer Consultation--Goal 3 Explain the Value of Representation The Buyer Consultation--Goal 4 Be Transparent The Buyer Consultation--Goal 5 Earn the Business Buyers
- Sellers
Another Agent Will Take Lower Commission Show sellers how you will net them more Can’t We Drop The Price If We Don’t Get An Offer Objection Handling- Dropping the Price Close The Deal Navigate contingencies with the seller Communicate, Communicate, Communicate Service the listing Educating The Seller Provide market position insight How Many Homes Have You Sold? Your response when you are new I Can’t Sell—I Have Nowhere To Go Provide options to sellers I Don’t Want A CMA Educate sellers on the value of a CMA I Don’t Want A Consultation Educate sellers on the listing process I Want To List At A Higher Price Educate sellers on your pricing strategy I Want To Wait To Sell Educate hesitant sellers with market data My Friend/Family Member Is An Agent Feel, Felt Found and Benefit Statement Offer Over List Price Provide market data to appraiser Prequalify Potential Sellers Set up for a successful listing appointment Seller Listing Presentation Build momentum to get the business Seller-Centric Social Media Posts Expand your sphere Selling In An Aggressive Market Educate sellers on proper positioning Strategizing With The Seller Setting an “impact” price The Listing Presentation Naturally progress to a signed listing agreement Sellers