1. EachPod

Working with Buyers

Author
Todd Smith
Published
Mon 19 Oct 2015
Episode Link
https://agentsinactionpodcast.libsyn.com/working-with-buyers

How to show less and sell more.


Your First Contact - Making it count with the 4 Ws: Why, Where, What, When


Make them convince you.


Listen for the following;


Clarity - Do they have direction, focus, and specifics in mind.


Urgency - What is the timeframe to work within? Do they have to buy or want to buy?


Open Minded - Are they coachable? Will they follow your lead?


Pre-Qualifying - It is about more than money. 


Financially - Can they meet the lending guidelines to fund the loan?


Motivation - Are they truly motivated to buy a home?


Finances and Motivation must line up. The more time you take having a solid first conversation, the less time it will take you to locate the buyers new home and have your next sale under contract.


Consultation - This is where most agents get off track. 


All parties must have 100% clarity of the desired outcome.


A consultation saves everyone time when showing property and prevents missed opportunity.


If a buyer resists meeting for a consultation, it is a red flag.


A consultation allows you to establish expectations up front.


Value Proposition


A value proposition differentiates you from the competition.


A value proposition gives them a reason to want to hire you.


Ask for a commitment. Getting a buyer commitment in writing up front is no different than working with a seller.

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