The interval between a buyer going under contract until the closing can be a treacherous time. Knowing what to say and when to say it can make or cost you thousands of dollars. It’s not always what you know that counts, but what you say that determines a positive outcome in any given situation.
Learn to be prepared. Alexis will share an arsenal of scripts to equip you for any situation, providing several different answers to the most common Contract to Closing objections. She does not shy away from the hardest questions; after this webinar neither will you.
What emotionally motivates each of the parties? Learn what to ask or say to satisfy the key human motivations driving negotiations. Understand the roles you unconsciously play in your negotiations and learn how to use them to create a winning outcome. Understanding the increasingly difficult circumstances after a buyer is under Contract leads to more Closings!
Watch this webinar and be able to:
Handle the most difficult buyer and seller objections.
Negotiate from a position of strength especially with the other agents.
Know what to ask to get the parties on the same side, feeling you have their best interests at heart.
Know what to say, when to say it and how to say it.
Identify and handle issues before they happen.
Earn more money and save yourself valuable time!
3. FREE Live Webinars every month
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5. with
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Michael Maher
Feb 24 | 1PM EST
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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.
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
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
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
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
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
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
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?
81. ● The ad displays ALL active listings from the Agent/Broker
● Listings are displayed based on user search location, then by price.
● 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
homes.com
Listing Display
84. ● Dominate your market(s) by buying some or all of your city’s available views
● Target by CITY to reach more consumers
● Block out your competitors
● All of YOUR listings will be displayed
● Guaranteed 1st page placement
● YOUR listings will be seen FIRST, before your competitors
● Drive more traffic to YOUR website
● Win NEW listings by showcasing your marketing portfolio on a major real
estate portal
Features & Benefits
87. ● Dominate your market(s) by owning your most strategic zip codes
● Target by ZIP to reach more focused buyers
● Block out your competitors
● Max purchase per Agent is ⅓ market share to maintain variety to the buyers
● SHOW UP on listings other than your OWN!
● 68% of Homes.com Listings are available for advertising
● 90% of Homes.com traffic is on the Listing Detail Page
Features & Benefits
91. Where do you want to be found?
1-888-510-8795 or hillary@homes.com
92. 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