That Buyer Phone Call....We Must All Plan For Them Or Risk Losing Them


Buyer Phone callsJohn Q, one of my favorite bloggers and friends wrote a wonderful featured post about meeting a prospective buyer at a home without qualifying them ahead of time. It is something we all grabble with when we get that call yet John has a plan that works for him quite well whether we agree with it or not

I must say I have done the same as John many times. Do I know they are qualified to buy a home? Many times I do not, but I do have my own plan for making that Buyer Phone Call work for me.

I have a checklist plan. Yes I am a big checklist person. I use them for everything including incoming calls. I know you must be saying but I do not always have the checklist right in front of me. Well neither do I and that is when I say, 'Would you mind holding for a minute while I get to a place to give you my full attention?' The answer is always 'no problem' and I find that the caller is always appreciative of me doing so.

So what is on my Checklist? Ahhh. it is very simple and yet tells me a lot about the caller. Actually I could ask the questions without the checklist but by taking the time to get it in front of me 1- relaxes the buyer, 2-allows me a consistent place to put their info and 3- sets the tone for the call. Here are the questions

  • So tell me, what attracted you to this home that prompted the call to me?
  • Have you been looking long?
  • Tell me a little about yourself. (This always seems to lead to their motivation for buying.)
  • I must ask if you are working with a Realtor as I do not want to step on any toes.


From here, if they are not working with a Realtor, we make an appointment to see the home. While showing the home I work towards making an appointment for them to come into my office for a free buyer consultation. 9 times out of 10 they agree and the relationship is on it's way.

It doesn't hurt to wait a bit for the pre-qualifying steps of a buyer and it doesn't hurt to get your first face to face contact on the road for success. Do all work out? Of course not, but enough do that it makes it well worth my time as I begin the journey with a plan.  

Whatever plan works for you, your market, your clientele is all that matters. All we each need to do is

That Buyer Phone Call.... We Must All Plan For Them Or Risk Losing Them


 
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About the Author- Martha Brown is a Certified Residential Specialist (CRS) whose passion is homes in the Annapolis MD area and surrounding communities. As a 3rd generation Annapolitan she writes about her experiences in and out of the real estate market. Martha has been a local Realtor(R) since 1992 of which all have been associated with Long & Foster Real Estate, Inc., the largest independently owned real estate company in the Mid Atlantic.

Martha would love to hear from you so give her a call any time. Sharing her Annapolis MD area expertise is her passion.  You can reach Martha at 410-440-7839 (cell) or 410-260-2800 (ofc)

 Martha@TheRealEstate-Lady.com

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41 Comments on That Buyer Phone Call....We Must All Plan For Them or Risk Losing Them

20 Most Recent Comments Displayed Show All

AUG
17
247,741 Points 7 Featured Posts Outside Blog Called Shot Master

Great checklist Martha! I take a very similar approach but have never put it into a checklist. Thanks for sharing yours! Your feature is well-deserved.

12:48pm • #22
Great points and terrific time savers as well. Keep you from wasting valuable time, energy, and effort.
1:07pm • #23
186,125 Points 1 Featured Post Outside Blog

I really think your approach works better, than forcing them to speak to a lender or meeting us at the office first. I'm still hesitant to meet someone new at a house, without meeting them in a safe spot first. Gotta wrap my head around that one a little.

1:08pm • #24
299,908 Points 7 Featured Posts Outside Blog Attended Rain Camp

Hi Martha, great checklist and on that covers the initial bases that need to be covered at the beginning.

 

3:08pm • #25
501,704 Points 25 Featured Posts Outside Blog Called Shot Master

Martha, over the years, I've found that some, not all, buyers will lie about working with another agent. To get to the truth, I'll ask "what's the name of the Realtor you're working with" instead of asking IF they're working with one. They'll either blurt out their name or tell you they're not working with anyone. From here, you can explain why it's important to work with only one agent, etc.

3:26pm • #26

I agree with the poster that said never to ask if your working with a Realtor because the average buyer doesn't really know exactly what that means, and the ones that are just using you don't care to answer honestly if it may mean they can't get the free service or info they want at the moment.

I always ask have you selected the Realtor you want to use yet, And the one that gets them if they say no, why not?

3:28pm • #27
978,518 Points 114 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I have a way of screening that involves being direct and to the point:  Do you have a pre-approval?  Are you working with a real estate agent?  Most people are honest and if they haven't been pre-approved are they WILLING to see a lender is the next question.  Too may lookie-loos and time wasters out in my market. Yours might be different.  I like Eric #26 approach.  I'm going to have to work that in to my conversation. 

7:38pm • #28
547,229 Points 9 Featured Posts Outside Blog Called Shot Master

Martha:

I am a checklist person too and your check list seems to cover the kind of immediate information you need.

7:55pm • #29
AUG
18
518,266 Points 12 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I agree with your approach.  The ability to cultivate that relationship is critical - even if the person isn't able to buy right away.

3:00am • #30
1,450,126 Points 46 Featured Posts Outside Blog Called Shot Master

I am glad I read this post. I will ask the name of the agent from now on  e #26

4:12am • #31
370,151 Points 23 Featured Posts Outside Blog Called Shot Master

Thanks for an interesting list.. I like the process you implement. I am working on a few new methods for my business and I like this.. Thanks for sharing!

4:32am • #32
346,621 Points 29 Featured Posts Outside Blog Called Shot Master

"Tell me about yourself" is much less invasive than "Why do you want to move." I think people will respond to that better, so thank you for the impprovement to my checklist of questions!

5:22am • #33
648,610 Points 70 Featured Posts Outside Blog Called Shot Master

Great post Martha.  I read John's post and completely disagreed with his method, but it clearly is working for him.  To each his own and success to all!  

5:54am • #34
728,881 Points 15 Featured Posts Outside Blog Called Shot Master

Martha, very good questions to put the potential buyers at ease before meeting with them.

6:00am • #35
551,418 Points 146 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Martha, I've never had a buyer get annoyed if I was asking a lot of questions before we met up.  It works out for everyone if you go out prepared. 

6:23am • #36
702,232 Points 55 Featured Posts Outside Blog Called Shot Master

Martha I use a checklist that is similar. The answers to some easy questions can sure tell alot about the buyer and also dictate if I press for the info now or it can wait. With any red flags then caution is needed before bringing out a buyer.

6:58am • #37
476,126 Points 11 Featured Posts Outside Blog Called Shot Master

Great points - i love checklists too! :)  Thanks for sharing your thoughts in such a good way.

11:40am • #38
935,639 Points 51 Featured Posts Called Shot Master

I like your checklist, Martha!  It is similar to one of my own!  In today's world where safety is also an issue.  I am pretty picky about having buyers prequalified before I show them homes.  It helps to identify, who it is you are working with!

3:59pm • #39
AUG
19
1,907,452 Points 383 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Hey, Martha!  I included this post in Last Week's Favorites.  Please check it out, and have a great week!

10:47am • #40
388,620 Points 27 Featured Posts Outside Blog Called Shot Master

Martha: Great checklist. Mine always includes "are you in the area now" because so many call from states away and haven't actually been here. Then I know I need to ask "when are you coming out here".

2:27pm • #41

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Martha Brown Annapolis & Anne Arundel County

The Real Estate Lady

Annapolis, MD

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Long & Foster Real Estate, Inc

Address: 320 Sixth Street, Annapolis, MD, 21403

Office Phone: (410) 260-2800

Cell Phone: (410) 440-7839

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