Services Nevada PRESS Professional Real Estate Selling Skills Professional Real Estate Selling Skills – Property of Yates Effective Seminars Opening the Call You open a call when you and the customer are ready to conduct business. At the beginning of any sales call, you want to establish a comfortable tone that sets the stage for an open exchange of information. After greeting the customer, you’ll probably engage in some small talk to open up the channels of communication. 2 It is important to be sensitive to a customer’s need to build or re-establish rapport at the beginning of a call. Before too long, however, you want to focus on business and the reasons for the meeting or phone call. That’s when you open the call. 3 How to Open the Call To Open a Call, you: Propose an agenda State the value to the customer Check for acceptance 4 Proposing an Agenda You propose an agenda by saying what you’d like to do or accomplish during the call. This sets a clear direction for your conversation and lets you establish a focus on the customer. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 5 Stating the Value to the Customer After proposing an agenda, explain its value to the customer. This lets the customer know how the meeting will be useful to him or her and further establishes your focus on the customer. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 6 Checking for Acceptance After proposing an agenda and stating its value to the customer, you will want to make sure the customer accepts the agenda you’ve proposed and doesn’t have anything to add. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 7 Checking for acceptance gives you the information you need to use your own and the customer’s time productively and ensures that you and the customer move forward together. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 8 How do you make an opening statement? **_________________________________________ **_________________________________________ **_________________________________________ **_________________________________________ 9 Gathering Information For you and a customer to make an informed, mutually beneficial decision, the two of you must share an understanding of the customers needs. Questioning is the means by which you gather information to achieve that understanding. 10 Questioning is one of the most important skills a Real Estate salesperson can develop. The ability to ask questions that logically and efficiently uncover important information about a customer’s needs – and to do it in a way that is comfortable, and even informative, for the customer – is a distinguishing characteristic of the consultative salesperson. 11 Your Goal Your goal in questioning is to build a clear, complete, and mutual understanding of a customer’s needs. A clear understanding means that, for each customer need you discuss, you know: Specifically what the customer wants Why it’s important 12 A complete understanding means that, for the particular buying decision the customer is making, you know: All of the customer’s needs The priority of the needs 13 A mutual understanding means that you and the customer share the same understanding – that the clear, complete picture you have of the customer’s needs is the same picture that the customer has. A clear, complete mutual understanding of your customer’s needs will ensure that the recommendations you make to address those needs contribute to the customer’s success in the most effective way possible. 14 Exercise Fill in the blanks To have a clear understanding of a customer’s needs, you should know: ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 15 To have a complete understanding of a customer’s needs related to a purchase or sale of real estate, you should know: ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 16 To have a mutual understanding of a customer’s needs, you and the customer should: ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 17 The Need Behind the Need When a customer has a need, there’s a reason. Sometimes the reason is another need, a need behind the one that’s initially expressed. The need behind the need is usually a larger goal the client wants to accomplish. 18 For Example Expressed Need: I want a home with a large formal living room Need Behind the Need: To provide room for entertaining Need Behind the Need: The buyer has received a promotion that will require him to entertain clients and staff on a regular basis in his home 19 Questioning to understand the “need behind the need” helps you understand why a need is important. “Why is that important?” “How will that help you?” 20 Use open and closed ended questions to explore the client’s: Circumstances Needs 21 The Client’s Circumstances A client’s needs don’t exist in a vacuum. Clients have needs because of the circumstances that surround them. A client’s circumstances include facts, conditions, and events in his or her environment, as well as the feelings and opinions the customer has about them. In general, the more you know about the client’s circumstances, the better you’ll understand his or her needs. Often, knowing about the client’s circumstances helps you understand why a client has a need. 22 Open and Closed Questions Write three open-ended questions you might use on an appointment with a potential buyer. Consider the appointments that you may have coming up. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 23 Write three closed ended questions you might use on an appointment with a potential buyer. One of them should be a closed ended questions to confirm a need. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 24 Write three open-ended questions you might use on a sales call. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 25 Write three closed ended questions you might use on a sales call. One of them should be a closed ended question to confirm a need. ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ ___________________________________________ 26