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REALTOR 101 - Be Brutally Honest With Your Clients

By
Education & Training with GetMyHomesValue.com

Okay....here is an obvious one that most of you do not understand or are scared to face...you must be completely honest with your clients and trust me they will appreciate this more than hiding the truth. When you are sitting down with your client listing their home it is crucial that you tell them what they need to do so that together you can get their home sold for the most money possible. Your job is to pick apart their home and tell them what to expect. If it is a buyer you need to level with them as to what they need to do to buy a house, save money, increase their credit score, get rid of their truck payment or whatever.

If their pink family room is not neutral enough and may deter potential buyers you must say....Paint the family room white or neutral and the cost is minimal. If there is a large stain in the middle of the Living Room floor let them know the estimated cost of replacing the carpet and suggest that they do it. If their loud obnoxious dog is always barking when anyone comes in the home you must say....Please take the dog out of the home anytime that a potential buyer comes through the home. Tell them NOT to be present during the showings!! If the house smells like cat urine....TELL THEM TO GET RID OF THE CAT AND FIX IT!! If the home smells like smoke....tell them that from this day forward do not smoke inside and FIX THE SMOKE ODOR!! Tell them their Kitchen is too cluttered!! Tell them the kids rooms need cleaned up for every showing!! Tell them that if they allow people to come through their home and it is not as pristine as possible...it is a reflection on how they maintain the other items in their home. For example it reflects how you maintain your furnace, gutters and other maintenance required items and utilities throughout their home....and it raises questions of problems the potential buyer will have to face if they purchase that home. Tell your listings that it is their responsibility to prevent doubts by potential buyers!!

At the listing appointment let them know that when the home is placed under agreement you will not be putting a Sold or Under Agreement sign rider on their yard sign because you are in the business of getting leads and you want as many from their listing as possible. Let them know exactly how your process works with just you, you and an assistant and/or you and your team, so that everything is clear throughout the process. Schedule your Open Houses right there so you know exactly in your schedule and in your clients schedule when they will take place. Since your loan officer is present establish a time line of when he/she will have your clients pre-approved for the home they are buying.

The best thing to do is have all of this information posted on your website or blog (great place to setup a website and a blog is through www.RemarkableAgents.Com ) for their easy reference so that there is no confusion. Your honesty in the beginning will alleviate headaches in the end.

Jacqulyn Richey
Prominent Realty Group - Las Vegas, NV
Las Vegas Real Estate
Without integrity, you have nothing. Sometimes telling it like it is will be the hardest thing you have to do. Charles
Jun 17, 2007 01:20 PM
Shelly Montalvo
Papillon Real Estate, LLC - Coral Gables, FL
Owner/Broker
Great post, you are right, afterall, when the house isn't selling it is YOU they will blame! If there are factors that work against the home, eliminating them, could mean selling the home faster and a happy seller. Just be tactful as you do it, this is the key.
Jun 17, 2007 01:21 PM
R. B. "Bob" Mitchell - Loan Officer Raleigh/Durham
Bank of England (NMLS#418481) - Raleigh, NC
Bob Mitchell (NMLS#1046286)

I agree, though in this market I'm starting to scratch my head wondering about some thing myself...Hard to be brutally honest when you don't know why the house isn't moving!  I hate to tell someone to drop their pants to sell a place, but that seems like it's what you have to do in certain areas now.

 

Bob Mitchell

ValueList  

Jun 17, 2007 01:37 PM
Cait ODonnell Donohue
Red Key Realty Leaders - Frontenac, MO
I have a Seller that said to me "You are giving me a complex, I've been cleaning my a** off" to which I replied  Have you seen your Laundry Room? People want to come into a Show Me Clean home.If they wanted just normal they would stay home. They want to envision how they "could" live, in a spotless well organised home. I'd rather have her a lttle upset with me now than angry when her home doesn't sell. 
Jun 17, 2007 02:06 PM
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production
Right between the eyes will always work, but tact does help
Jun 17, 2007 02:09 PM
Brad Snyder
Sierra Vista Realty - Sierra Vista, AZ

So true! I had a listing appointment today with an expired listing. The home was priced too high, they had not  seen comps in their area, the home needed some minor improvements that their prior Realtor did not discuss with them. Some in our industry are just happy to get a listing and are afraid of losing the deal if the are honest. My clients today were very happy with an honest review of their home and situation and after being on the market over a year are eager to sell and move on.

Great advice!

Jun 17, 2007 02:22 PM
Kaushik Sirkar
Call Realty, Inc. - Chandler, AZ
Totally agree!  It is the job of an ethical Realtor to tell the absolute truth to their clients.  Sometimes the truth should be told in a gentle manner, but the truth nonetheless!
Jun 17, 2007 02:24 PM
Provadus Home Loans
Provadus Home Loans - Marietta, GA
Technology bringing you home.
Yes, great post.  You have some great information here to be successful.  Great post, I am sure a lot of us can learn from it.
Jun 17, 2007 03:14 PM
Deb Hurt
Realty Pro Albuquerque - Albuquerque, NM
ABR, e-Pro,Green, TRC
I totally agree. Getting them to hear it is the hardest part but if you say it clearly and take the time to listen to them so you can figure out the kind of language they use you can frame your message in their language. I understand that one of the larger teams in town actually will send a cleaning service to professionally clean the home for the sellers. I know agents who have put their clients in the car and taken them to see homes they are competing with so they can compare with their own eyes--talk about having concrete evidence about what you are telling them!
Jun 17, 2007 04:28 PM
Shelly Montalvo
Papillon Real Estate, LLC - Coral Gables, FL
Owner/Broker
Wow Deb, I like that idea!
Jun 19, 2007 11:08 AM
Rory Wilfong
GetMyHomesValue.com - Lancaster, PA
Sales Coach and Trainer

JACQULYN - May be hard but beneficial...thanks

MICHELLE - Thanks and you are the only one they will blame. Either to your face or to others.

BOB - If you are brutally honest with the price up front instead of giving into their demands there should be no "Pant Dropping"

CAIT - Could not agree more...thanks

LARRY - Be tactful but tell them how it is

BRAD - Way to be Brad!!

KAUSHIK - Ethics is part of it, but it is to make your job 10X easier.

OPEN HOME - Thanks

DEB - Outstanding points and great ideas. There were some houses that I would only show right after I had the cleaning service come through before the homeowners got back in the home.

 

Jun 19, 2007 11:23 AM