PRO TIP: Use the information from this blog in conjunction with what we gave you in the blog “Your 2020 Listing Presentation” and really SHINE on your next listing appointment! 

Script 2: Expired Listing 

As real estate agents, we are often taught to reach out to expired listings in the MLS as a way to prospect for clients.

You may have even been given this script in the past, “Hey I saw that your home is no longer available for sale. I have a buyer who may be interested and I’d like to come by and preview it.”

Perhaps you didn’t really have a buyer, but were told this was a good way to get your foot in the door. However, in many cases, the seller has already gotten calls from 10 other Realtors claiming the exact same thing.

Instead of starting out with the same boring gimmick other Realtors use, Garry uses a different approach. 

Script 3: Discounting Commission

In any marketplace, if consumers believe that everything is exactly the same (i.e. a commodity) they choose what they are going to buy—or who they are going to work with—based on price. If all real estate agents are the same, they’re going to hire the one who discounts their commission the most.

As a professional, we never want to be in a position where we are forced to give up our hard-earned commission to win a new listing. That’s why it’s so important for us to compete on value rather than price. We need to create a story for our clients to illustrate how we are different from the competition, and how those differences will benefit them.

In fact, don’t leave it to chance and have only ONE thing that differentiates you. Differentiate yourself at every step (even with how you say “No” to discounting your commission) so that the customer will remember you for everything that is different.

Bonus Script: Online Contact

How many times have you gotten the message (or a variation of), “I’m just looking for information, but I’m not ready to make any moves quite yet”...?

Two of the absolutely worst ways to handle this situation (yet, unfortunately, two of the most common) are to: 

1. Overwhelm the prospective buyer by moving too fast or trying to pressure them into meeting before they are ready. This can turn them off to you as a realtor completely before they’re even ready to make a decision. 

2. Ignore the prospect completely, or send a one-off message of “When you’re ready I’ll be here”, without any other information or help. 

Instead of scaring them off, or ignoring them completely, give them some information they can use and a reason to come back to you. 

Garry likes to offer his Buyer Direct Program and then obtains the prospects email address to add to his database and make sure they get the information they need. 

Now that you know exactly what to say, you’ll be armed with the perfect response to any situation. 

If you’re interested in more tools, scripts, and strategies to help you with your real estate business you’ll want to tune-in to our next FREE webinar training!