Special offer

10 ways to Increase Your Value and Your Profits!

By
Education & Training with Illustrated Properties

1. Value is in the eyes of a client, hold your features and benefits in check until the client tells you what they actually want

 

2. Value is a perception.  Perception is created not on what you promise, but on your track record that shows you keep promises. 

 

3.Base your fee on fulfillment of benefits, (sell the home in 30 days, net a certain amount), not listing features (put ads in the   paper)

 

4. Charge what you think you are worth, not what you would like to be worth.  If you don't believe it, neither will they.

 

5. NEVER negotiate price, negotiate value. Reduce what you offer in exchange for a lower price, but never negotiate price alone!

 

6. Empower customers to make a decision by providing value options.  You are more likely to get a yes when the choice is whether or how instead of yes or no.

 

7. If you feel you are worth it, go big.  You never know.

 

8. DO NOT feel obligated to cite fees early. If you quote before you understand the situation, you lose value.

 

9. Practice quoting fees with a straight face and confidence.  Say: "My fees range from 5-7% based on what we have to offer, would you like me to explain the difference in value?

 

10. Be prepared to walk away.  People want what they cannot have
Steve Glose
Keller Williams Legacy - Orlando, FL
TRC, CIPS, 407-616-7286, Orlando Real Estate, Orla
Dennis- very good post. I will share this with my team.
Dec 13, 2007 12:28 PM
Vicky Poe
Good Ole Rocky Top - Crossville, TN
Realtor/ Auctioneer
Good Post.  I especially like #10.  You might add when you walk away don't look back.
Dec 13, 2007 12:35 PM
Angie Vandenbergh
Crye-Leike, Realtors - Memphis, TN
A Crye-Leike Blogger

Hi! Welcome to the site. There is a lot of reading on this site. I recommend that you read, read, read and then comment, comment, comment. There are so many different blogs to read. There are tons of topics out there from real estate, marketing, technology, seo, staging, mortgage, etc. It goes on and on. You'll start to get to know people and before you know it... you'll have figured out the benefits of the site. 

Also check out Resources for the Active Rain Newbie.

Good luck!

Dec 14, 2007 12:13 AM
Michael Sahlman
www.HomesForVIPs.com - Keller Williams Realty - Miami Beach, FL
e-PRO - Miami Beach Florida Luxury Homes

thanks for the post. was doing research on listings and yours was very interesting. the take-away is always a good one.

Jun 04, 2008 09:59 PM