Miscellaneous 

How do you start a real estate conversation?

Leia Doyle

How do you start a real estate conversation?

Approaching new real estate leads

  1. Introduce yourself briefly.
  2. Explain how you got their information.
  3. Ask if now is a good time to chat.
  4. Ask what triggered their home buying or selling.
  5. Touch on current market conditions, and ask if they have any initial questions.

Is it OK to contact home seller directly?

Can buyers contact a listing agent directly? Technically—yes. The only people who may frown upon contacting a listing agent are buyer’s agents, who make their commissions based on representing buyers. But there is no law or rule saying a buyer cannot contact a listing agent.

How do you talk to customers in real estate?

5 tips for Effective communication in Real Estate:

  1. Keep a friendly and professional tone.
  2. Empathise with your clients’ needs.
  3. Understanding frustrations that clients are facing in the market.
  4. Always call-back your real estate clients.
  5. Ask questions.

What does active under contract in real estate mean?

“Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. This term is primarily used in the State of California.

How do I practice real estate scripts?

5 Tips for Practicing Better Real Estate Scripts

  1. Listen. When it comes to scripts, according to Murphy, “It’s not about memorizing, it’s about listening.” Listen to what your client is saying, so you know what script to turn to and so you can build a strong rapport.
  2. Know the why.
  3. Practice.
  4. Always be on.

How do you talk to clients?

Here’s how to learn to talk in your client’s language:

  1. Listen first. What’s important to them?
  2. Talk in terms of business goals. If you’re providing a set of options, relate each option back to how each accomplish the various goals of the project.
  3. Pay attention to feedback.
  4. Practice.

Can a buyers agent contact the seller?

The Standards of Practice created a few exceptions to the general rule against contacting another Brokers client directly. However, none of them appear to authorize the Buyer Agent to contact the seller when a Listing Agent fails to respond.

What are examples of effective communication strategies real estate?

Communication Skills for Real Estate Agents.

  • Ask questions. Show genuine interest in your vendors and buyers by asking well-considered questions.
  • Listen.
  • Written.
  • Solid body language.
  • Stay in touch.

    How do you convince a client to buy property?

    6 Ways to Persuade Customers to Buy

    1. Know the difference between a benefit and a feature.
    2. Use vivid but plain language.
    3. Avoid biz-blab and jargon.
    4. Keep the list of benefits short.
    5. Emphasize what’s unique to you or your firm.
    6. Make your benefits concrete.

    What is the difference between pending and active under contract in real estate?

    Active Under Contract vs Pending When a property is listed as “active under a contract,” there are conditions/contingencies that must be met before the deal can close. However, when a property is listed as “pending,” all the contingencies have been met and the deal is on the road to being finalized.

    What is the difference between pending and under contract in real estate?

    What does pending sale mean? This means that the home is under contract and all contingencies have been removed. A pending sale is further down the home buying timeline than a property that is under contract. Many seller’s agents will not continue accepting offers on homes once they have gone pending.

    What are cold calls in real estate?

    What cold calling is, simply, is a knock on the door. It is about seeking a chance to make a sale. A successful cold call gets you in the door so you can then make your pitch. With a bit of planning and research, cold calling in real estate is a valuable way to win new customers.

    What does a realtor have to disclose?

    Duty to disclose ‘material fact’ The duty of disclosure relates to any issue which is false, misleading or deceptive. Real estate agents need to be aware that if they fail to disclose a “material fact” to a prospective purchaser which might mislead them into purchasing a property.

    How do you greet a customer in real estate?

    The first step to effectively greeting existing or potential clients is to stop what you’re doing and smile at them. A nice, simple smile where you meet their eyes and acknowledge their presence. You’ve now signaled to them not only that you know they are there, but you’re willing to focus on their needs and wants.

    How do real estate clients interact?

    on how to handle harsh situations while on the job.

    1. Strike the right balance between professionalism and friendliness.
    2. Talk from experience, bank on your knowledge.
    3. Be willing to listen.
    4. Suggest alternatives.
    5. Be ready with important tips for buyers.
    6. Ask for reviews and recommendations.
    7. Be available.
    8. FAQ.

    What does CND mean in real estate?

    California REALTORS® are fortunate in this regard. A “Confidentiality and Non-Disclosure Agreement” (form CND) was prepared by the legal department of CAR (California Association of REALTORS®) and has been available in the zipForms®library since November of 2012.

    What if buyer has no agent?

    Even though the seller pays the commission, the buyer’s agent’s commission is often baked into the purchase price — but, if there’s no buyer’s agent, then the seller might be able to knock that fee off the purchase price.