The Definitive Method for Securing Phone Appointments: A Comprehensive Guide for Real Estate Agents

Many real estate agents have attested to the tremendous results they've achieved through this dialogue, but it's crucial to recognize that the desired outcome is not solely dependent on the specific dialogue itself. Rather, it is the action of picking up the phone that truly makes a difference.

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While I'd like to portray myself as the ultimate authority on telephone dialogue, the reality is that no one truly holds that title. What sets the Great apart from the rest is their willingness to invest extra hours in making phone calls. Therefore, my advice is to consider this dialogue as a starting point, without feeling obligated to memorize it or use it as a strict script. Instead, focus on two key aspects:

Rules of Thumb for Real Estate Agents When Talking to Clients on the Phone

As a real estate agent, maybe you want to know how to talk to clients over the phone. This detailed guide will go over the most important parts of showing real care and asking sensible inquiries that can help you communicate better with your clients

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We will also talk about how to make sure you get a good meeting and how important it is to know why you are on the call. Some important rules can assist you in building relationships with clients and make it easier to close deals.

Reasons Why Real Estate Sellers Can't Save Money By Selling On Their Own

What are the reasons that sellers are unable to save money by selling on their own?

Reflect on this matter for a moment. Essentially, we toil without compensation, exert immense efforts to market a property, and only receive remuneration upon its sale. 

It's quite a remarkable arrangement for homeowners, wouldn't you agree? We locate buyers and facilitate the sale of their property, ensuring they reap the same financial rewards that they would have garnered if they had endured the exhaustive process, expenses, and frustrations on their own. "Eric, why do you assert this?" you inquire. Allow me to elucidate. Here's the rationale.

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Independent Buyers Seeking FSBO Properties Crave One Thing Above All: A Tremendous Deal

Albeit their objective encompasses more than saving on agent commission fees, they strive for an exceptional value proposition. Let's say there is a $100,000 house, and our services come with a fee of Z. If an FSBO seller asserts, "I intend to handle the sale independently and save Z," a prospective buyer contacting this FSBO exhibits an awareness that the seller endeavors to bypass commissions deemed typical in the industry. 

Understanding FSBOs and Expireds: A Guide for Real Estate Agents

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To achieve success in prospecting, it is crucial to grasp the mindset of the individuals you are reaching out to. Let's begin by examining the reasons behind someone's choice to become a For-Sale-by-Owner (FSBO). One possibility is that they might have had negative experiences while dealing with real estate agents. If this isn't the case, it's likely due to a lack of awareness. They become FSBOs simply because they fail to comprehend the value that an agent brings to the table. 

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Generally, FSBOs are driven by one or more of the following factors:

  1. A desire for monetary savings: There exists a misconception among FSBOs that by circumventing agent commissions, they will retain a larger portion of the profits. However, as you and I both know, choosing to sell independently actually raises the chances of ultimately earning less. (We will explore this further in subsequent discussions.)
  2. The illusion of enhanced flexibility: They hold the belief that being untethered to any specific broker allows for greater control and maneuverability throughout the selling process.
  3. Ego interference: With unwavering confidence, they proclaim their ability to perform equal to or even surpass that of any realtor, allowing their pride to cloud their understanding of the practical advantages offered by an agent.

The Prospecting Process For Real Estate Agents: Six Essential Ideas

Prospecting is essential for success in real estate, regardless of how busy you may be. Yet, for many agents, picking up the phone is a daunting task. The secret to effective prospecting lies in conquering the initial hurdle. Just like any new endeavor that requires behavioral change, breaking free from old habits demands dedication and effort. 

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This is where I urge you to step up. Take the challenge and commit to making a specific number of calls each day for the next 30 days or dedicate a certain amount of time exclusively to prospecting. By diligently following this routine for a month, I assure you that picking up the phone and prospecting will begin to feel less overwhelming. You will surpass obstacles, letting go of vague fears or anything that hinders your progress. And once you overcome this hurdle, it becomes a breeze. You'll see.