Special offer

How To Use “Have Agreed To Buy” To Close More Transactions

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Education & Training with By Referral Only

WMagic Words That Negotiate Agreementhen a buyer makes an offer on one of your listings, what you say when presenting the offer makes a critical difference. Here's the language I teach in the Eight of Clubs in my Magic Words That Negotiate Agreements:

Imagine the seller's name is Johnson and the buyer's name is Miller.

What most agents say to their seller is, "Mr. and Mrs. Johnson, the Miller family has made an offer to purchase your home."

The word "offer" triggers an automatic response: counteroffer.

A much more powerful approach is this: "Mr. and Mrs. Johnson, the Millers have agreed to buy your home."

(The words "have agreed to buy" mean "The Millers now own your house because they have a binding contract.")

"If you choose to counter the Millers then you have agreed to buy your home back from the Millers for whatever amount of money you want to counteroffer."

The words "have agreed to buy" carry an implied conclusion.

The words "have made an offer" carry an implied beginning.

Which do you choose - conclusion or beginning? Share your thoughts below.

On Your Team,
www.MyByReferralOnly.com

Posted by

Joe Stumpf

Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

Excellent post I will "agreed to buy" and I think my results will soar!

Jun 24, 2010 06:45 AM
Christie Lane Craven
Blackwell Real Estate - Odenton, MD
Your Anne Arundel County Agent

Joe: 

What a great tip.  It really sets you up for a successful ratified contract.  I will have to try this, Thanks!

Jun 24, 2010 06:50 AM
Chris Smith
Re/Max Chay Realty Inc., Brokerage - New Tecumseth, ON
South Simcoe, Caledon, King, Orangeville Real Esta

Joe, you are so right,  words make such a difference, and using the correct words can help accelerate your career.

Jun 24, 2010 11:18 AM
Markita Woods NMLS#196099
Fairway Independent Mortgage Inc. - Woodbridge, VA
Queen of Mortgages - FHA, VA, Conventional, USDA

I like that now need to figure how to incorporate this into my loan language

Jun 24, 2010 02:48 PM
Joe Stumpf
By Referral Only - Cardiff, CA

Hi Markita,

Watch this short video on How To Negotiate The Non-Negotiable. You can use these words in many different settings.

http://www.magicwordsthatmakeyoumoney.com/index.php/how-to-negotiate-the-non-negotiable/

Joe

Jun 25, 2010 05:23 AM
Maggie Dokic /Indialantic | 321-252-8696
Magdalena Dokic - Indialantic, FL
Selling the beach in Florida's space coast

Words are so powerful.  Thanks for this dialogue Joe and the link in your comment above. 

Sep 30, 2010 01:03 PM