Real estate sales techniques

Michael S Robinson Utah
Michael S Robinson UtahReal Estate Investment, Solar Developer, SEO
Real Estate Sales Techniques
Overview
We found this great for effective selling and think
that this presentation is so important for People who
sell Real Estate for a living as well as for their
customers. The key factor here is that selling is about
creating a good relationship with your buyer and you
should love what you do so that you develop great
relationships that last.Real Estate market we probably
know this better than in many other markets.
Points To Selling Techniques
People love to buy, but hate to be sold
Believe in your product.
Say the right thing on a continual basis.
Don't use the tired phrases and wording that everyone else is
using.
Think service, not sales.
People buy on emotion and later use logic
Sell what you know.
Characteristics Related to Sell
 Trade Selling
 Age, Maturity vs. Youth
 Empathy (understanding/compassion) vs.
Aggressiveness
 Knowledge of customer and business methods
 Technical Selling
 Education and Intelligence vs. persuasiveness
 Product and customer knowledge – usually gained
through training
Relationships With Customer
Common
goals
Commitment
to mutual
fulfillment
Social
support
Mutual
trust
Open
communication
Personal Relationships
Relationships With Customer
Common
goals
Commitment
to mutual
gain
Organizational
support
Mutual
trust
Open
communication
Customer Relationships
BUILDING RELATIONSHIPS
Become genuinely interested in others
Smile
Remember names
Be a good listener
 encourage other to talk about themselves
Talk in terms of other’s interest
Make others feel important
Presentation Skill Front To Customer
Pre-approach preparation adds value
Presentation plan adds value
Outstanding service adds value with;
 friendly approach
 customer centered presentation
 effective demonstrations
 win win negotiations
 timely close
 after sale service
Question Ask To Customer
Information-
gathering
questions
Probing
questions
Confirmation
questions
“How many miles per year do
you drive your company car?”
(auto leasing)
“What type of image do you
want your advertising to project
to current and potential
customers?”
(newspaper advertising)
“Do you see the merits of
purchasing a copy machine with
the document enlargement
feature?”
(office copy machine)
USING DEMONSTRATIONS PRODUCTIVELY
WHY
• improves communication
• improves retention speed
• proves buyer benefits
• feeling of ownership
• confidence
• saves time
WHAT
• product, models, samples
• product, models, samples
• photos, illustrations, reprints
• portfolio, graphs, charts, tests
• testimonial, guarantees
• computer printoutas, audio,
visuals
WHEN
• as a product
approach
• to prove benefits
• to overcome
objection
• to strengthen
close
• to service the sale
Duties owend to your client
1. Usually based on law/regulation/custom
2. Six primary “fiduciary” duties
a. Loyalty
b. Keep personal information confidential
c. Obedience
d. Reasonable skill & diligence
e. Disclose all known facts
f. Accounting for money & documents
Real estate sales techniques
1 of 12

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Real estate sales techniques

  • 1. Real Estate Sales Techniques
  • 2. Overview We found this great for effective selling and think that this presentation is so important for People who sell Real Estate for a living as well as for their customers. The key factor here is that selling is about creating a good relationship with your buyer and you should love what you do so that you develop great relationships that last.Real Estate market we probably know this better than in many other markets.
  • 3. Points To Selling Techniques People love to buy, but hate to be sold Believe in your product. Say the right thing on a continual basis. Don't use the tired phrases and wording that everyone else is using. Think service, not sales. People buy on emotion and later use logic Sell what you know.
  • 4. Characteristics Related to Sell  Trade Selling  Age, Maturity vs. Youth  Empathy (understanding/compassion) vs. Aggressiveness  Knowledge of customer and business methods  Technical Selling  Education and Intelligence vs. persuasiveness  Product and customer knowledge – usually gained through training
  • 5. Relationships With Customer Common goals Commitment to mutual fulfillment Social support Mutual trust Open communication Personal Relationships
  • 6. Relationships With Customer Common goals Commitment to mutual gain Organizational support Mutual trust Open communication Customer Relationships
  • 7. BUILDING RELATIONSHIPS Become genuinely interested in others Smile Remember names Be a good listener  encourage other to talk about themselves Talk in terms of other’s interest Make others feel important
  • 8. Presentation Skill Front To Customer Pre-approach preparation adds value Presentation plan adds value Outstanding service adds value with;  friendly approach  customer centered presentation  effective demonstrations  win win negotiations  timely close  after sale service
  • 9. Question Ask To Customer Information- gathering questions Probing questions Confirmation questions “How many miles per year do you drive your company car?” (auto leasing) “What type of image do you want your advertising to project to current and potential customers?” (newspaper advertising) “Do you see the merits of purchasing a copy machine with the document enlargement feature?” (office copy machine)
  • 10. USING DEMONSTRATIONS PRODUCTIVELY WHY • improves communication • improves retention speed • proves buyer benefits • feeling of ownership • confidence • saves time WHAT • product, models, samples • product, models, samples • photos, illustrations, reprints • portfolio, graphs, charts, tests • testimonial, guarantees • computer printoutas, audio, visuals WHEN • as a product approach • to prove benefits • to overcome objection • to strengthen close • to service the sale
  • 11. Duties owend to your client 1. Usually based on law/regulation/custom 2. Six primary “fiduciary” duties a. Loyalty b. Keep personal information confidential c. Obedience d. Reasonable skill & diligence e. Disclose all known facts f. Accounting for money & documents