Special offer

How to create urgency with your buyers...

By
Real Estate Agent with Chris Alston (Keller Williams Realty, Silicon Valley, California) 01338415

Buying a homeAs real estate agents, we spend so much time looking for the perfect 3 bedroom, 2 bathroom home for our clients, that we may be missing the point.  They call us, tell us what they are looking for, then we become a computer in trying to find exactly what they are asking us to find.  Or we put them on some auto search, and forget about them completely.

They day that buyers bought homes out of impulse, or because someone else would steal their home, or because their friends are, or because the news is telling them to buy has long since passed...  Or the days that the buyer would buy from you, because they felt since you were there, you would give them the best possibility to get the home since you were... well...  just there in front of them...  And you could get them the home they wanted faster them time itself.

Times have changed, and so has the buyer.  Buyers know it is a good time to buy, they know prices are low, they know that rates are low as well...  But sometimes these things are not enough of a motivator to get them to budge.  And as real estate agents, it seems that we are pushing these things as the sole motivator to help get agents off the fence.

We need to help buyers tap into the "why"...  Why moving would benefit them.  Why they want a larger house.  Why they want a smaller house.  What would their life look like if they made this purchase.

So when we talk to our clients, and they say they want a 3 bedroom house.  Ask them, "What about this three bedroom home is so important to you?"  Then ask it 2 more times using their answer as the question.  If they say they want separate rooms for their two kids, then answer with, "So what about having two seperate rooms for your kids is so important to you" and so on.  They way, you can get to the actual feeling as to why they want it...  Not just that they want a 3 bedroom house.  So when you find the perfect home, don't call and say, "I found a great 3 bedroom home"...  Instead, say, "I found the perfect home for you, where the rooms are upstairs, so that Jack and Jill will be on the second floor with you, and when your Friends are over, they are not hanging out near the bedrooms" Or something like that.

So if your client says they want a backyard BBQ area, ask about it.  Then based on the answer, go search for that feeling.  So when you find it when you are previewing, don't just call and say, "I found a house with a backyard BBQ area" as this will invoke no feelings in their minds...  Instead sell the feeling behind the BBQ.  Say, "John, I found a home that you will be able to have your friends over to enjoy the evenings while you show off your cooking skills, and it is close to your favorite coffee house so you can head over on Saturday mornings and get that cup of joe without driving!"  In the second statement you never said it had a backyard BBQ, you just sold the "feeling" again, or the "dream".

Once you have unlocked this urgency, use scripts to help them move along in the process.  Like, "How would you feel if this home was sold to another buyer"...  "Are you ready to make an offer on this home?"

Try it out, and let me know how it works for you!  Go out there and find that "feeling" they are feeling, and unlock their urgency.

:)

Chris

 

Posted by

 

Chris Alston

 

Home sales and purchasing specialist

Keller Williams Realty, Cupertino

19400 Stevens Creek Blvd, Suite #200

Cupertino, CA 95014

408-850-6955

408-850-6956 fax

calston@kw.com

www.LivePlaySiliconValley.com

 

Find me on:

Photobucket Photobucket Photobucket  

 

 

 

 

 

 

 

 

 

Comments(158)

Shelley Stringer
Statesboro Properties - Statesboro, GA

I always LISTEN to what the buyers is asking for and why they would like the particular features they are looking for.  I try to develop a comfortable relationship with folks so that they feel extremely comfortable with sharing.  Once they really relax into that process you are able to find them the perfect "dream".  Of course, I am a firm believer in customer service and this is a customer service business to me.  I work extremely hard to make sure everyone of my clients are happy at the end of the buying/selling process.  I feel many agents would succeed at this if they remember that the client comes first.

Jan 05, 2011 10:41 PM
Cindy Mustafa
The Mustafa Group - Aurora, OH
Aurora REALTOR

Chris,

Super Post!

If we remember 'The biggest decision of one's life'.....[to buy or sell a home] it SHOULD always beg the question 'Why?'. [Why the location, Why the privacy importance, Why no power lines, Why no neighbor peeking in the windows, Why you're selling, Why are you buying] If we don't ask, we won't discover the real reasons.

Get to the real reason and you unlock the path to least resistance.

Touche!

Jan 05, 2011 11:26 PM
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Chris,

Obviously a great post. You are presenting a high value on listening to the "real" client's need.

Steve

Jan 06, 2011 01:24 AM
The Hollinden Team
EXP Realty - Louisville, KY
Serving the Greater Louisville area

I have felt that we don't sell houses, the first thing we do is sell ourselves and our ability to help our clients. 

I like the way that you look at things.  With this mind frame, it should improve my skills.

Jan 06, 2011 02:17 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Thanks for the post.  This is very simple but largely over looked.  Thanks for the idea.

Jan 06, 2011 04:42 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Kate - I can see your point.  "creating" in my original thoughts was helping awake the desires that the buyer may have, but may not be able to pinpoint at the current time.  As you help them have clarity in their desires, it can help them in making that decision.  :)  I do appreciate your thoughts!  Thanks!

Jan 06, 2011 05:47 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Thanks Sharon!  :)

Jan 06, 2011 05:49 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

I see what you are saying Wendy.  :)

Jan 06, 2011 05:52 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Thats awesome Mike!

Jan 06, 2011 05:53 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Luna - You are soooo right on!

Jan 06, 2011 05:54 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Steven - HA!  I would have replied sooner, but the iPad using AR doesn't allow you to make comments yet...  Just a technology hiccup.  You are soooo right in what you said to those agents btw.  Because it is sooo true.  Or you could say, "you are in the business of lead generation, specializing in Real Estate..."

Hope your day rocks!  :)

Jan 06, 2011 05:57 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Shelly - I sooo agree with your approach, and I agree that when we take the approach that the client comes first, things end up positive!  :)  Thanks for reading!

Jan 06, 2011 05:59 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Cindy - First off, I LOVE your last name!!!!!  :)

When you said "Get to the real reason and you unlock the path to least resistance." should be quoted in every training manual on earth.  Great comment!!!  :)

Jan 06, 2011 06:00 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Thanks Steve!

Jan 06, 2011 06:01 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

That is great Steve.  We all look forward to reading your blogs on your successes in 2011!

Jan 06, 2011 06:09 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Thanks for reading Gene!

Jan 06, 2011 06:12 AM
Dennis Neal
RE/MAX, Big Bear - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

This is so true. You need to get to the root of their motivation and help them clarify why they want this home they are searching for.

Jan 06, 2011 11:21 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

So true Dennis and Terri!

Jan 06, 2011 04:21 PM
Anonymous
John Elderly

I bet a lot of agents will benefit from this so thanks!  Buyer urgency has been one of the biggest problems in this market.  I know most people buying <a href="http://sandiegohomefinder.com"> San Diego real estate</a>

Jan 07, 2011 07:18 AM
#158
Margaret C. Taylor
Century 21 New Millennium MD - Mechanicsville, MD
St Marys/Calvert/Charles MD Real Estate Agent

Thanks Chris,  You made digging 'deep' into the Buyers 'whys', why they want space, main floor bedroom, rec. room, small yard, large yard. etc. sound so easy.  Margaret C.

Jan 11, 2011 03:38 PM