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THE THREE P’S OFLISTINGS
ProspectPresentPerform
PROSPECT
§ PROSPECT EVERYDAY!!!§ SOURCES OF LISTINGS§ SPHERE OF INFLUENCE (SOI)§ FSBO§ EXPIRED§ FARMING§ JUST LISTED/PENDING/SOLD
SPHERE OF INFLUENCE§ WHAT BETTER PHONE CALL TO MAKE THAN
TO SOMEONE YOU KNOW§ AT LEAST 200 NAMES§ Personal Visit: At least once a year§ Telephone: Three times a year§ Personal Note: Immediately after each visit or call§ Bulk Mail: Monthly (postcards, newsletters, flyers)§ Email: Monthly (eNewsletter, eCard, personal
email)§ Market updates and area information as needed
Good evening, Tom, this is ______________. How are youdoing?Tom, the reason I’m calling is that I’ve entered the real estatebusiness with XYZ REALTY. I’m excited about the companyand the business, and I would really appreciate your help. The next time you hear of someone who’s thinking of making amove, would you do me a favor? First, would you tell them about me? Second, would you pickup thetelephone and tell me about them? I’d really appreciate it! I’llsendyou some of my cards in the mail tonight. Let me make sure Ihaveyour current information. (Verify address and emailinformation.) By the way, Tom, who do you know who might be planning onbuying or selling real estate?Thank you again, good-bye.
FSBO§ WHY DO OWNERS GO FSBO?§ UNDERSTAND THE FSBO§ DON’T TRY TO LIST ON THE FIRST ATTEMPT§ FACE TO FACE FIRST TIME CONTACT§ ASK SOME QUALIFYING QUESTIONS§ ASK TO LEAVE YOUR CARD AND OFFER TO
ANSWER ANY QUESTIONS§ FOLLOW UP PLAN
OBJECTIONS
§ LEARN DIALOG FOR COMMONOBJECTIONS
EXPIRED
§ UNDERSTAND THE MINDSET OFAN EXPIRED§ WORK THEM EVERY DAY§ SET UP A PLAN§ CALL, WRITE LETTERS§ FOLLOW UP
OBJECTIONS
§ LEARN DIALOG FOR COMMONOBJECTIONS
FARMING
§ select a geographic area§ select a niche market§ make a plan§ follow up
SELECTING AN AREA§ know your area – preview all listings§ know your competition§ local ordinances, HOA regulations for subdivision§
Starting your farm§ get list of street names§ owners names§ sale dates§ have a 6 month and 12 month plan§ FOLLOW UP PLAN
§ How to manage database§ What to use
JUST LISTED/PENDING/SOLD
§ make calls around all new listings§ pendings§ solds
PRESENT§ YOUHAVE AN APPOINTMENT, NOW
WHAT§ DO YOUR HOMEWORK§ CMA§ MARKETING PRESENTATION§ MAKE IT ABOUT THEM NOT YOU§ CLOSE FOR THE LISTING
DO YOUR HOMEWORK§ KNOW WHO THE SELLERS ARE§ CHECK TAX, DEED RECORDS
CMA§ WHAT GOES INTO A CMA
§ BEST 3 ACTIVE COMPS§ BEST 3 SOLDS§ BEST 3 EXPIREDS
§ CMA SHOULD BE THE LAST THING DISCUSSED AFTER YOURMARKETING PRESENTATION
§ SEPARATE LISTING FROM PRICE
PERFORM§ DO WHAT YOU SAY YOU ARE GOING TO DO!!!!§ KEEP IN TOUCH WITH SELLER ON A WEEKLY BASIS§ MARKETING YOUR LISTINGS
§ WHERE TO MARKET§ COMMUNICATION WITH SELLERS
RESOURCES§ DAVID KNOX - http://www.davidknox.com/§ MIKE FERRY - http://www.mikeferry.com/main/content/complimentary§ DARRYL DAVIS – http://darryldavisseminars.com/ How To Become A Power Agent In Real Estate§ FLOYD WICKMAN - https://floydwickman.com/§ http://www.realtor.org/field-guides/field-guide-to-farming-and-
prospecting§ Realtor.com – prospect toolkit -
http://realtormag.realtor.org/node/11779§ Realtor.com – follow up toolkit
-http://realtormag.realtor.org/node/11780
SUE [email protected]://www.facebook.com/techtipsandtraining