5 LISTING APPOINTMENT FUNDAMENTALS
TODAY’S WORKSHOP
Intro
5 Listing Appointment Fundamentals
CMA’S and Commissions
How to get to the next level
REAL ESTATE EXPERIENCE
Licensed October 19th, 1998
Broker License in since 2002
Training & Mentoring 12 years now
Sold/ closed over 1,200 homes / $250M
VIDEO MARKETING -BP CLAIMS- REA
MY FAMILY
AHA MOMENT
MY PASSION
Do what you love
Do great work
Paid well
ONE OF MY PASSIONS
Ray’s Initiative on February 8th, 2014
THE BASIC SKILLS
REALTORS BASIC SKILLS
5 Core Fundamentals
#1 BUILD RAPPORT
HOW TO BUILD RAPPORT
The 4 Major Rapport Builders
F
R
O
G
Family
Recreation
Occupation
Goals
People don’t care what you know…until they know that you care!
#2 QUALIFY
Ask Quality
Questions
Motivation Timing
Find a Problem
TOP 3 PAIN POINTS FOR HOME SELLERS
The Fear of not selling at all
The Fear of not selling fast enough
The Fear of not selling for enough money
#3 PRESENTATION SKILLS
#4 CLOSEAsk for the sale
You can’t get if you don’t ask!
#5 HANDLING OBJECTIONS
You have to go through a series of No’s before you get a yes!
HANDLING OBJECTIONS TIPSUnderstand the situation
Ask the right questions
Dig deep
Search to find a problem “EXPOSE THE PAIN”
Offer a better solution
Write down the objections you cannot handle
REMEMBER 5 WORDS
Focus on Conversations not Conversions!
CONVERSIONS
Conversations turn into Conversions!
REVIEW OF THE 5 BASICS
1. Build Rapport
2. Qualify the Client
3. Give a Great Presentation
4. Close for the Sale
5. Handle Objections
A RECENT STUDY 44% of salespeople quit after the 1st time they hear NO
22% of salespeople quit after the 2nd time they hear NO
14% of salespeople quit after the 3rd time they hear NO
12% of salespeople quit after the 4th time they hear NO
92% of salespeople quit - 1st and 4th time they hear NO
60% of sales close after prospect says NO at least 4 times
8% of salespeople are left when the prospect is ready to say YES
CMA’S
A lot of top agents….NO MORE CMA’S
Differentiate themselves
How could somebody evaluate without seeing it?
A CMA is like looking in the rear view mirror!
Try to find a sellers bottom line
THE CMA CAN MAKE A GOOD APPOINTMENT GO BAD QUICKLY!
Willing to pay a 3% commission if you have a buyer
If I could bring you a cash offer today on your terms…90%
The seller has already reduced 13% and the real buyer hasn’t even shown up yet.
Knock off another 3% to 5% when the real buyer shows up
16% to 18% off their price….so, there’s always room for a 6% to 7% commission
COMMISSIONS
3 Ingredients to Greatness
Motivation
Coaching
Practice
Repetition is the mother of skill
DANIEL COYLE’S
LOOK US UPhttp://www.realestateacademi.com/
THE NEXT LEVEL
OFFER # 1- PERSONAL COACHING
Bronze Package
Bronze Package
(2) 30- Minute Private Strategy Calls per Month
Normally $400 (1) session 6 Month commitment $297.00 per
Month 6 Months at $297.00 = $1,782.00
Sell (1) $60,000 home breakeven Sell (1) $200,000 @ 3% make
$6,000 Sell (3) $200,000 @ 3% make
$18,000
OFFER #2- MORE ATTENTION
Silver Package
Silver Package
(4) 30- Minute Private Strategy Calls per Month
Normally $800 for (2) sessions 6 Month commitment $497.00 per Month 6 Months at $497.00 = $2,982.00
Sell (1) $100,000 home breakeven Sell (2) $200,000 @ 3% make
$12,000 Sell (4) $200,000 @ 3% make
$24,000
OFFER #3- TEAM OR INDIVIDUAL
Gold Package Gold Package
(4) 60 Minute Private Strategy Calls per Month
Normally $1,600 for (4) sessions 6 Month commitment $997.00 per
Month 6 Months at $997.00 = $5,982.00 Spilt that with a Team Member Sell (1) $200,000 home breakeven Sell (3) $200,000 @ 3% make
$18,000 Sell (5) $200,000 @ 3% make
$30,000
MAKING AN INVESTMENT
$112,500
2 years later $354,867
As of 6/9 - $439,146
$16.00 per share = $502,912
$20,000
1 year later $680,000
Still have 142 Claims in
If Half go through = $781,000
FRIDAY MAY 23RD, 2014
I RECENTLY HIRED A TRAINER
Keys to Coaching Success
You have to believe You have to investYou have to work itWhen I struggled???
My trainer hold me accountable
TESTIMONIAL6/8/14
Robert,
I just wanted to thank you for the awesome coaching. Using your techniques, motivation and confidence, we have been calling FSBOs for the past 2 weeks. I have scheduled over 10 appointments each week. They are all now on a follow up program and I know there are a few listings waiting to happen. In fact I have one listing scheduled for this week.
Thanks again,
Chip DeaconExtreme Home Selling TeamKeller Williams