We’ve already identified 25 strong closes to use with sellers. Keep in mind, the more closes you use with your sellers, the more likely they are to price reduce and negotiate a sale. The question arises, “how do you track which closes you’ve used with which sellers?” Use the attached Master Report to track […]
Salesmanship Close: Reducing an Objection to the Ridiculous
Reducing an objection to the ridiculous can be a great approach to use with a buyer or seller that is putting too much emphasis on one concern. It is especially helpful with price objection. This close involves taking a big number and minimizing it so it is much easier to swallow. For example, a buyer […]
Seller Close #27 – The “Presidential Campaign” Close
The presidential campaign close is a good one, and it’s short and sweet. Every agent knows that uncertainty = paralysis. Unfortunately for sellers, more uncertainty is present in the political climate of the United States than in almost any other area. Presidential approval ratings based on recent surveys are at an all time low. The […]
Salesmanship Close: The “Exploiting the Closing Question”
A common mistake that many agents make when dealing with buyers and sellers occurs when a client asks a buying question. An example of a closing question would be the following: A buyer asks, “do you think the seller would take $260,000?” This can be an ideal opportunity to use a trial close. A trial […]
Salesmanship Close: The “Ben Franklin Close” Template
Seller Close #26: Sell, Sell, Sell!
For almost 5 years now many homeowners that have been thinking about selling have opted to wait for better days. This strategy has failed miserably as evidence by price drop of up to 40% of many real estate markets. Yet, many prospective homeowners continue to employ this strategy forever thinking “next will be better.” Now […]
Seller Closes: Top 10 Seller Closes #8- The “I Think I’ll look It Over” Close
Salesmanship Close #8 – I’ll Think it Over Close The most common objection in any type of sale is the, “I’ll Think it Over” objection. People in a selling situation are more likely to use this statement against the salesman as a way to get out of having to make an immediate decision. How many […]
Seller Closes: Seller Close #25 “Wear The Suit” Close
In many ways the psychology of buying a house is no different than the psychology behind the purchase of a good suite or a beautiful dress. Almost everybody has experienced surprises when shopping for clothes. In some cases you may see a beautiful dress or sharp suit that you’re anxious to buy only to find […]
Seller Close #23- Recaptured Equity Pro-Forma
Seller Closes: Seller Close #22- The Lis Pendens Close
Two or three years ago it was common knowledge that the real estate market wasn’t going to recover until 2011. Last year, the common knowledge expectation was extended to 2012. Earlier this year, we were hearing 2014 and most recently, some experts have stated that they don’t expect the real estate market to recover until […]