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Negotiating
Alexis Bolin
AlexisERA@AOL.com
Contract to Close
Tactics & Tips to Succeed
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Negotiating
Alexis Bolin
AlexisERA@AOL.com
Contract to Close
Tactics & Tips to Succeed
Brought to you by:
Deb Helleren
&
Mel McMurrin
Alexis Bolin
www.AlexisSellsHomes.com
● The #1 ERA Agent Nationwide three times
● Currently ranked in the top 10 ERA agents in the nation
● #2 in the Nation for Closed Sales with Home Warranty
● Recognized as one of the Top 25 Most Powerful Women in NW Florida
● Nominated for the Area Women in Business Award
● Named to "Who's Who"" in Residential Real Estate
● Named "TOP 300 Real Estate Agents in the Nation" by NAR Magazine
● Ranked Among the Top 1/10 of 1% of all Real Estate Agents Nationwide
● Over 5000 closed residential real estate transactions.
Home Inspections
Appraisals
The Other Agent
Repairs
Titles and Liens
Contract Terms
6 Negotiations
What you’ll
learn today
What to Ask the Buyers Agent
4 Scripts
Best Way to Cushion a Low Offer
Finding Common Ground
The Other Agent and Other
Parties to the Transaction
What you’ll
learn today
Negotiationnoun | ne·go·ti·a·tion | {ni-ˌgō-shē-ˈā-shən}
A discussion aimed at
reaching an agreement
A bargaining process between
two or more parties seeking
to discover a common ground
and reach an agreement or
resolve a conflict
consider
89%
an agent to represent them
-- NAR Homes Profile of Buyers & Sellers
Negotiation Skills
to be
Very Important
when selecting
80%
of vital issues...
20% of time allotted
-- NAR Homes Profile of Buyers & Sellers
...are resolved in the last
Learn everything you can about the
other parties in the negotiation
The “Others”
Google the buyer or seller
Facebook & LinkedIn
Check other agents sales
on MLS
2. It’s the Little People
who get Things Done
3. Never Underestimate the
Power of the Person Behind
the Desk
How I Get Houses Sold!
1. It’s What you know along with
Who you Know That Makes
Things Happen
5. Send Thank You Notes
6. Gifts Birthdays, Holidays
7. Referrals
8. Small Things go A Long Way
4. I Always Pay it Forward
How I Get Houses Sold!
1. Thank you
2. Compliment
3. Never argue
4. Be polite/positive
5. Ask Questions
6. Answer in brief
7. Know when & how
to answer
Negotiating Conduct
Negotiating Priorities
Resolve easiest issues 1st
Ask Why questions
Have other agents working with you
Give yourself an alternative
Don’t give-up something without getting
something in return
Be prepared to defend
your client's position
with Facts not Emotion
What other homes are on their list?
Questions for Buyers Agent (A)
My job is to get your offer accepted as
written, but I need your help. Can I get it?
Can you give me 3 Comps to support the offer
price so I can defend it to the seller?
What have you seen that is priced better than
this home?
If the seller can’t take the price offered
should I just have them reject it or should
they make a counter offer?
What do you think needs to be done to
make this sale work?
Questions for Buyers Agent (B)
If you or your buyer could say two things
to the seller to convince them to take their
offer what would those two things be?
What can you tell me about your buyer that
will make the seller feel good and take the
buyer’s offer?
Questions for Buyers Agent (C)
If this was your listing where would you
have suggested the seller price it?
What’s more important to the buyer, the
sales price, getting the closing costs paid by
the seller or the closing date?
Questions for Buyers Agent (D)
Article 3
NAR Code of Ethics
Realtors shall cooperate with brokers
except when cooperation is not in the
client’s best interest
Article 3-6
NAR Code of Ethics
Realtors shall disclose the existence of
accepted offers including offers with
unresolved contingencies to any broker
seeking cooperation
I have a way to
get that done
Under the new TRID Rules,
neither the lender nor the
Realtor can call the Appraiser.
Working with the Appraiser
Working with the Lender,
Title Company, etc
Get control of the closing transaction
Buyer and Seller
Authorization
Forms
The Four OF NEGOTIATIONC’s
CONFIDENCE
COMPASSION
COMPELLING
COLLABORATE
CONFIDENCE
It’s not arrogance
It’s in your tone when you speak
It’s key to negotiating effectively
It’s not something we are born with
Your show of confidence makes people more
likely to trust you
Be prepared Have a positive attitude Get Organized
Believe in yourself Motivate yourself
Confidence Boosters
C
COMPELLING
Leave your personal feelings out
of it
Be able to present your case
Know your subject better than
your competitor
Speak from a position of authority
C
COMPASSION
To feel what is being said and
be able to interpret it
Ability to show empathy and sympathy
Have appreciation for other
opinions
Try to understand the other party’s
C
position
Start with things the parties can
agree with
Each party sacrifices to reach agreement
Normally an agreement won’t be
reached without meeting each
party's major needs
Not all negotiations are meant to
work out
COLLABORATE - COMPROMISE
C
“Honesty is the First Chapter
in the Book of Wisdom.”
-- Thomas Jefferson
You can not change reality
Never make their problems your
problems
All you can do is manage people’s
expectations of reality
Sympathize with your prospects
2 minute break 2 minute break
FREE Live Webinars every month
Barbara
Corcoran
90+ Recorded Webinars
Allan
Domb
Gary
Keller
Larry
Kendall
Michael
J.
Maher
Dave
Liniger
SecretsWebinars.com
with the nation's TOP AGENTS and SPEAKERS!
available on demand
HomesPro Podcasts
By Homes.com
Connect.Homes.com/HomesProPodcasts
Description
HomesPro Podcasts include Secrets Unplugged - short educational 10 minute conversations with industry
experts and Secrets Webinars To Go, hour-long recordings of the popular Secrets of Top Selling Agents series.
Available on iTunes or your favorite
podcast app.
The 4 Simple LifeHacks
of Super Producers
Michael Maher
Feb 24 | 1PM EST
Register:
Get More Done, Make More Money,
Spend Less Time, Enjoy Life More
SecretsWebinars.com
Capture Active Buyers and Sellers
Homes.com Advertising
• Showcase your entire listing inventory • One click away from Google
• Gigantic banner ad at the top of Homes.com search results
• Unmatched by other major portals
with
with
Hillary Hirtler
Director of Agent Sales
Introducing Homes.com!!
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
Back Again! Back Again!
Back to Alexis
1Preparation
Five Steps to
Successful Negotiation
Always negotiate from the
position of strength
Know your market better than
the competition
Have the very latest
information.
Know the true motivation of the
buyers, sellers and the other
agent
You are a Better
Negotiator
If You have No
Have To’s
Five Steps
to Successful
2Discussion
Negotiation
Ask questions to learn about the
situation, the issues, and the
participants
Understand all the participants
needs and interests
Work within a range that includes
minimums and maximums
Set reasonable goals for what you
hope to achieve during the negotiation
Whatever happens,
Remember It’s Not Your Fault
You have No control over the
Market or Property Conditions
Learn how to pay
attention to the
unsaid
Five Steps to
Successful
Negotiation
Proposition
3
Never offend the buyer, seller or other agent
Always strive for high moral ethics
Strive to find common ground
Never get into an argument
It should always be a
Win – Win for all parties
It’s not about You,
it’s about the party you represent
You don’t sell by
Telling
Sell by
Asking
questions
Ask Open Ended Questions
Why? is that?
What? do You mean by that?
When? do you have to be there?
Who? else is going to be involved
in the decision making?
How? are you going to do that?
Why: Why is it important to you?
Addition: Is there anything else that
would cause you to …?
Meet: If we could meet those
objections, would you …?
Else: What else is bothering you?
Bury: If we could take care of that?
Amounts to: Then what it amounts to is …?
Ask Open Ended Questions
4Bargaining
Five Steps to
Successful Negotiation
Learn everything you can about the
situation,the issues and the
participants
Understand all the participants
needs and interests
Set reasonable goals for what you hope
to achieve during the negotiation, and
rank them by priority
Anticipate the othersparties
comments and prepare your
responses
Always remain calm, pleasant,
and unflappable
My job is to get you from where
you are to where you want to be
I don’t know if I can help
you or not, that depends upon
the decisions you make today
I am here to help you but you
are the one who will ultimately
have to make the right decision
 
5Agreement
Five Steps to
Successful Negotiation
Find ways to reach
a Common Ground
with the Other Agent
Make sure YOU are not the Issue
Find ways to agree with the other party
Set a deadline for an answer
Know when to stop negotiating
Remember that some deals just can’t
be closed no matter what you do
Don’t just stick to the bottom
line price
Never respond with an offer
that isn’t likely to be accepted
Always give yourself an
alternative
Price is one thing and Net is
another
“I have great news, we have an offer on your home.”
“We are $___________ closer to selling it today than we
were yesterday.”
“Don’t be upset at this buyer Be upset at the other
buyers who looked at your home and didn’t even
make an offer.”
Cushion a Low Offer
Show the seller an example of contract
where a seller turned down a good offer
only to accept a much lower one 6
months later
Explain to the seller, “I don’t want
you to make this same mistake.”
Getting the Seller to be Realistic
Keep the sellers focused on what their
reasons are for selling
Keep the buyer focused on why they
chose this home over the others
“Know why the best homes sell first?”
Because they are the Best Homes
“Other folks who sold
their homes in the last few years
felt they gave it away
at the time, but now they are glad
they sold when they did.”
If the buyer or seller can’t accept
the first offer, always counter the offer
Explain to your client that is always better
to “keep the line of communications open”
if you want to make a sale
You can’t make a deal work when
No One is Talking!
Never let the deal die on your side
The Buyer must want to Buy and
the Seller must want to Sell...
MORE than You
Need to Make the Sale
In controversial moments,
my perception is always right
I always see
both points of view
the one that’s wrong
and mine
“The only difference from
where you are right now and
where you’ll be one year
from now are the books you
read and the people you
associate with.”
Charlie Tremendous Jones
Never argue with an
idiot…
...people watching may
not be able to tell which
one IS the idiot!
Facts of Life
Wouldn't it be nice if whenever
we messed up our life we could
simply press
Facts of Life
...and start all over?
Questions?
ALEXIS BOLIN, CRS emeritus
Broker-Associate
ERA Legacy Realty
Pensacola, FL
CELL - 850-777-0275
Email- alexisera@aol.com
Question & Answer
Type in the
“Question”
section of the
GoToWebinar
control panel
on the right.
with
Hillary Hirtler
Homes.com
Introducing Homes.com!!
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
Homes.com
Local Ads !!!
● The ad displays ALL active listings from the Agent/Broker
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● If Miami is searched, listings in Miami would display first, sorted by price high to low,
followed by listings in other cities shown in a similar fashion
● User can scroll through listings or click through to the respective listing detail page on
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● Dominate your market(s) by buying some or all of your city’s available views
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Features & Benefits
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● Dominate your market(s) by owning your most strategic zip codes
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Features & Benefits
PREFERRED STATUS!!!
PREFERRED STATUS!!!
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Michael Maher
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Alexis Bolin Negotiating Contract To Close

  • 2. Brought to you by: @HomesPro #SecretsWebinars
  • 3. FREE Live Webinars every month Barbara Corcoran 90+ Recorded Webinars Allan Domb Gary Keller Larry Kendall Michael J. Maher Dave Liniger SecretsWebinars.com with the nation's TOP AGENTS and SPEAKERS! available on demand
  • 4. HomesPro Podcasts By Homes.com Connect.Homes.com/HomesProPodcasts Description HomesPro Podcasts include Secrets Unplugged - short educational 10 minute conversations with industry experts and Secrets Webinars To Go, hour-long recordings of the popular Secrets of Top Selling Agents series. Available on iTunes or your favorite podcast app.
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  • 6. The 4 Simple LifeHacks of Super Producers Michael Maher Feb 24 | 1PM EST Register: Get More Done, Make More Money, Spend Less Time, Enjoy Life More SecretsWebinars.com
  • 10. Alexis Bolin www.AlexisSellsHomes.com ● The #1 ERA Agent Nationwide three times ● Currently ranked in the top 10 ERA agents in the nation ● #2 in the Nation for Closed Sales with Home Warranty ● Recognized as one of the Top 25 Most Powerful Women in NW Florida ● Nominated for the Area Women in Business Award ● Named to "Who's Who"" in Residential Real Estate ● Named "TOP 300 Real Estate Agents in the Nation" by NAR Magazine ● Ranked Among the Top 1/10 of 1% of all Real Estate Agents Nationwide ● Over 5000 closed residential real estate transactions.
  • 11. Home Inspections Appraisals The Other Agent Repairs Titles and Liens Contract Terms 6 Negotiations What you’ll learn today
  • 12. What to Ask the Buyers Agent 4 Scripts Best Way to Cushion a Low Offer Finding Common Ground The Other Agent and Other Parties to the Transaction What you’ll learn today
  • 13. Negotiationnoun | ne·go·ti·a·tion | {ni-ˌgō-shē-ˈā-shən} A discussion aimed at reaching an agreement A bargaining process between two or more parties seeking to discover a common ground and reach an agreement or resolve a conflict
  • 14. consider 89% an agent to represent them -- NAR Homes Profile of Buyers & Sellers Negotiation Skills to be Very Important when selecting
  • 15. 80% of vital issues... 20% of time allotted -- NAR Homes Profile of Buyers & Sellers ...are resolved in the last
  • 16. Learn everything you can about the other parties in the negotiation The “Others” Google the buyer or seller Facebook & LinkedIn Check other agents sales on MLS
  • 17. 2. It’s the Little People who get Things Done 3. Never Underestimate the Power of the Person Behind the Desk How I Get Houses Sold! 1. It’s What you know along with Who you Know That Makes Things Happen
  • 18. 5. Send Thank You Notes 6. Gifts Birthdays, Holidays 7. Referrals 8. Small Things go A Long Way 4. I Always Pay it Forward How I Get Houses Sold!
  • 19. 1. Thank you 2. Compliment 3. Never argue 4. Be polite/positive 5. Ask Questions 6. Answer in brief 7. Know when & how to answer Negotiating Conduct
  • 20. Negotiating Priorities Resolve easiest issues 1st Ask Why questions Have other agents working with you Give yourself an alternative Don’t give-up something without getting something in return
  • 21. Be prepared to defend your client's position with Facts not Emotion
  • 22. What other homes are on their list? Questions for Buyers Agent (A) My job is to get your offer accepted as written, but I need your help. Can I get it? Can you give me 3 Comps to support the offer price so I can defend it to the seller? What have you seen that is priced better than this home?
  • 23. If the seller can’t take the price offered should I just have them reject it or should they make a counter offer? What do you think needs to be done to make this sale work? Questions for Buyers Agent (B)
  • 24. If you or your buyer could say two things to the seller to convince them to take their offer what would those two things be? What can you tell me about your buyer that will make the seller feel good and take the buyer’s offer? Questions for Buyers Agent (C)
  • 25. If this was your listing where would you have suggested the seller price it? What’s more important to the buyer, the sales price, getting the closing costs paid by the seller or the closing date? Questions for Buyers Agent (D)
  • 26. Article 3 NAR Code of Ethics Realtors shall cooperate with brokers except when cooperation is not in the client’s best interest
  • 27. Article 3-6 NAR Code of Ethics Realtors shall disclose the existence of accepted offers including offers with unresolved contingencies to any broker seeking cooperation
  • 28. I have a way to get that done Under the new TRID Rules, neither the lender nor the Realtor can call the Appraiser. Working with the Appraiser
  • 29. Working with the Lender, Title Company, etc Get control of the closing transaction Buyer and Seller Authorization Forms
  • 30.
  • 31.
  • 32. The Four OF NEGOTIATIONC’s CONFIDENCE COMPASSION COMPELLING COLLABORATE
  • 33. CONFIDENCE It’s not arrogance It’s in your tone when you speak It’s key to negotiating effectively It’s not something we are born with Your show of confidence makes people more likely to trust you Be prepared Have a positive attitude Get Organized Believe in yourself Motivate yourself Confidence Boosters C
  • 34. COMPELLING Leave your personal feelings out of it Be able to present your case Know your subject better than your competitor Speak from a position of authority C
  • 35. COMPASSION To feel what is being said and be able to interpret it Ability to show empathy and sympathy Have appreciation for other opinions Try to understand the other party’s C position
  • 36. Start with things the parties can agree with Each party sacrifices to reach agreement Normally an agreement won’t be reached without meeting each party's major needs Not all negotiations are meant to work out COLLABORATE - COMPROMISE C
  • 37. “Honesty is the First Chapter in the Book of Wisdom.” -- Thomas Jefferson
  • 38. You can not change reality Never make their problems your problems All you can do is manage people’s expectations of reality Sympathize with your prospects
  • 39. 2 minute break 2 minute break
  • 40. FREE Live Webinars every month Barbara Corcoran 90+ Recorded Webinars Allan Domb Gary Keller Larry Kendall Michael J. Maher Dave Liniger SecretsWebinars.com with the nation's TOP AGENTS and SPEAKERS! available on demand
  • 41. HomesPro Podcasts By Homes.com Connect.Homes.com/HomesProPodcasts Description HomesPro Podcasts include Secrets Unplugged - short educational 10 minute conversations with industry experts and Secrets Webinars To Go, hour-long recordings of the popular Secrets of Top Selling Agents series. Available on iTunes or your favorite podcast app.
  • 42. The 4 Simple LifeHacks of Super Producers Michael Maher Feb 24 | 1PM EST Register: Get More Done, Make More Money, Spend Less Time, Enjoy Life More SecretsWebinars.com
  • 43. Capture Active Buyers and Sellers Homes.com Advertising • Showcase your entire listing inventory • One click away from Google • Gigantic banner ad at the top of Homes.com search results • Unmatched by other major portals with
  • 44. with Hillary Hirtler Director of Agent Sales Introducing Homes.com!! Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
  • 45. Back Again! Back Again! Back to Alexis
  • 47. Always negotiate from the position of strength Know your market better than the competition Have the very latest information. Know the true motivation of the buyers, sellers and the other agent
  • 48. You are a Better Negotiator If You have No Have To’s
  • 50. Ask questions to learn about the situation, the issues, and the participants Understand all the participants needs and interests Work within a range that includes minimums and maximums Set reasonable goals for what you hope to achieve during the negotiation
  • 51. Whatever happens, Remember It’s Not Your Fault You have No control over the Market or Property Conditions
  • 52. Learn how to pay attention to the unsaid
  • 54. Never offend the buyer, seller or other agent Always strive for high moral ethics Strive to find common ground Never get into an argument It should always be a Win – Win for all parties It’s not about You, it’s about the party you represent
  • 55. You don’t sell by Telling Sell by Asking questions
  • 56. Ask Open Ended Questions Why? is that? What? do You mean by that? When? do you have to be there? Who? else is going to be involved in the decision making? How? are you going to do that?
  • 57. Why: Why is it important to you? Addition: Is there anything else that would cause you to …? Meet: If we could meet those objections, would you …? Else: What else is bothering you? Bury: If we could take care of that? Amounts to: Then what it amounts to is …? Ask Open Ended Questions
  • 59. Learn everything you can about the situation,the issues and the participants Understand all the participants needs and interests Set reasonable goals for what you hope to achieve during the negotiation, and rank them by priority
  • 60. Anticipate the othersparties comments and prepare your responses Always remain calm, pleasant, and unflappable
  • 61. My job is to get you from where you are to where you want to be I don’t know if I can help you or not, that depends upon the decisions you make today I am here to help you but you are the one who will ultimately have to make the right decision  
  • 63. Find ways to reach a Common Ground with the Other Agent Make sure YOU are not the Issue
  • 64. Find ways to agree with the other party Set a deadline for an answer Know when to stop negotiating Remember that some deals just can’t be closed no matter what you do
  • 65. Don’t just stick to the bottom line price Never respond with an offer that isn’t likely to be accepted Always give yourself an alternative Price is one thing and Net is another
  • 66. “I have great news, we have an offer on your home.” “We are $___________ closer to selling it today than we were yesterday.” “Don’t be upset at this buyer Be upset at the other buyers who looked at your home and didn’t even make an offer.” Cushion a Low Offer
  • 67. Show the seller an example of contract where a seller turned down a good offer only to accept a much lower one 6 months later Explain to the seller, “I don’t want you to make this same mistake.” Getting the Seller to be Realistic
  • 68. Keep the sellers focused on what their reasons are for selling Keep the buyer focused on why they chose this home over the others “Know why the best homes sell first?” Because they are the Best Homes
  • 69. “Other folks who sold their homes in the last few years felt they gave it away at the time, but now they are glad they sold when they did.”
  • 70. If the buyer or seller can’t accept the first offer, always counter the offer Explain to your client that is always better to “keep the line of communications open” if you want to make a sale You can’t make a deal work when No One is Talking! Never let the deal die on your side
  • 71. The Buyer must want to Buy and the Seller must want to Sell... MORE than You Need to Make the Sale
  • 72. In controversial moments, my perception is always right I always see both points of view the one that’s wrong and mine
  • 73. “The only difference from where you are right now and where you’ll be one year from now are the books you read and the people you associate with.” Charlie Tremendous Jones
  • 74. Never argue with an idiot… ...people watching may not be able to tell which one IS the idiot! Facts of Life
  • 75. Wouldn't it be nice if whenever we messed up our life we could simply press Facts of Life ...and start all over?
  • 76. Questions? ALEXIS BOLIN, CRS emeritus Broker-Associate ERA Legacy Realty Pensacola, FL CELL - 850-777-0275 Email- alexisera@aol.com
  • 77. Question & Answer Type in the “Question” section of the GoToWebinar control panel on the right.
  • 78. with Hillary Hirtler Homes.com Introducing Homes.com!! Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
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  • 91. Where do you want to be found? 1-888-510-8795 or hillary@homes.com
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