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February 20, 2024

Real Estate Sales Techniques: Helping Buyers Move Forward

Real Estate Sales Techniques: Helping Buyers Move Forward

Key Points:

  • Buyers’ reluctance is not always a “no.” It often needs a helping hand to understand and move on.
  • Understanding the psychology of buyers is key to selling properties.
  • ‘Affordability’ and ‘Suitability’ are two vital factors for potential buyers.
  • Make it easy for the buyers by implementing ‘layaway plans’ and ‘rent to own’ models.
  • If buyers hesitate due to property issues, seek ways to solve their concerns, like recommending repair and maintenance professionals.
  • Selling is not just about closing the deal. It’s also about forming lasting relationships with clients.

The Witty Take:

Let’s face it; the real estate world can be a tortuous, white-knuckled roller coaster ride, palpitating hearts and all. It’s not every day someone wakes up, sips their morning coffee, and says, “Aye, let’s buy a house today!”. And let’s not forget about those hesitant, on-the-fence buyers, the ones we sometimes mistake for interpretive dancers due to all their back-and-forth.

What does it all mean? Is it a “no”? Or is it a “Maybe Suzie, I love this house, but I’m scared!” That’s where you, dear realtor, come into play – the Pied Piper of property purchasing, if you will. These eager beavers aren’t necessarily rejecting the dream of becoming the next Lord and Lady of the Manor. They are simply requesting a bit of hand-holding while they navigate through the Lego block minefield that is the buyer’s journey.

Pay diligent attention to what buyers are really saying. Go all Sherlock on them! Their reluctancy can come cloaked in price concerns or suitability worries. But fear not, there’s always a way to quell these anxieties. Affordability issues? Introduce the nifty ‘layaway-plan’ or the practical ‘rent-to-own’ model. These are the real estate equivalent of those ‘easy EMI’ schemes on your TV purchases – just a tad bit more intricate (and, dare I say, more exciting).

On-the-fence due to some monstrous structural issue they happened to spot? Well, let them know that every house has a personality – and some have quirks! A little recommendations to repair wizards can do wonders both for the property and for your relationship with the client.

This real estate dance isn’t just about turning those hesitant hems and haws into open wallets. It’s also about building lasting relationships, a network of satisfied clients. Now, who wouldn’t prefer being a beloved matchmaker rather than just a salesperson? The next time you spot a hesitant buyer, remember you might just be standing at the door of a golden opportunity – or really, standing in front of a terraced house with oddly shaped windows. Either way, it’s time to dive in!

Though remember, dear property masterminds, sometimes a “no” is just that, a “no”. Even your powers have limits! But those are stories for another day. Until then, happy house matchmaking!


Original article: https://www.inman.com/2024/02/19/4-common-buyer-objections-and-how-to-resolve-them/

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Martin Towers


Martin is an ex Real Estate Agent turned digital marketer and entrepreneur now specialising in helping Realtors all around the world

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