The Fence Sitters

Even in this market a buyer that is sitting on the fence can be pushed over with a little down home sales skills. Agents have a bevy of tools at their disposal to turn a potential buyer into a closing. Of course, there are many seminars that you can attend which has everything from psychological warfare to innovative tips on how to show property to even Psychology 101. What works for you basically depends on you and the individual customer.

There is still a very strong competitive spirit in people. The customer that utters the dreaded, "If it is meant to be, it will happen" makes most of us cringe when we hear it. That translates to the popular term used by millions of kids today..."Whatever".

Moving a buyer that is in the looky loo stage to an actual contract takes some tact, some psychology and the ability to say it like it is. It is not always going to be a home run every time but when it does work, I personally believe, that confidence builds and a momentum is created!

 
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14 Comments on The Fence Sitters

Jim, with all the constant barrage of new technology, at the end of it all, sales skill is still the most important factor in bringing an undecided buyer to a decision.

05/06/2008 08:14 AM by Brian Schulman - Your Lancaster County, PA Real Estate Professional (Coldwell Banker Select Professionals)


I agree Brian. The tough part for newer agents is where to find the best sales training while not being barraged to buy something from a seminar! (On another note) We were just talking about the excellent baked goods and bakeries in your neck of the woods! Shoe fly pie anyone?

05/06/2008 08:17 AM by Jim Hirschhorn, GRI, Real Living - Orlando (Real Living Real Estate Solutions)


Jim:  How true, how true - the dreaded, "if it is meant to be"...  Don't you hate that but guess what?  I must confess, even I have caught myself saying it when I feel I've exhausted all other means.  Enjoyed your post.

05/06/2008 08:19 AM by Donna Yates, Georgia Realtor, North Georgia Blue Ridge Real Estate (Mountain Investments of North Georgia)


Jim :The creative solution in selling is what make a seasoned agent successful.

Steve

05/06/2008 08:25 AM by Steve Loynd, Alpine Lakes Real Estate Inc., Loon Mt, NH.


Donna, Don't do it again! ha ha

Steve, There is nothing better than having a seasoned agent on the other end of a deal.

05/06/2008 08:31 AM by Jim Hirschhorn, GRI, Real Living - Orlando (Real Living Real Estate Solutions)


"If it is meant to be, it will happen" is a great phase if you use it first.  (Steal that weapon from their arsenal right away).  Then show them how to do something proactive to move the process just a little further along.

05/06/2008 09:03 AM by Joe Virnig, "No Ordinary Joe" (RE/MAX Gold Coast REALTORS, Ventura County, California)


Joe...I LOVE that! Give it to them before they get you with it! nicely done!

05/06/2008 09:35 AM by Jim Hirschhorn, GRI, Real Living - Orlando (Real Living Real Estate Solutions)


Jim, great analysis of the looky lou buyers. Building trust, rapport, and educating buyers moves them to action.

05/06/2008 10:34 AM by Gary Woltal - REALTORĀ® Dallas Ft. Worth (Keller Williams Realty)


I agree Gary. I think education is the biggest part as 1st time buyers will make up a huge percentage of buyers in the next few years as prices have dipped low enough for them to be able to enter the market!

05/06/2008 11:59 AM by Jim Hirschhorn, GRI, Real Living - Orlando (Real Living Real Estate Solutions)


Jim, the Pennsylvania Dutch food in Lancaster County is still one of our best features.  I'll save a piece of shoofly pie for you!

05/07/2008 09:02 AM by Brian Schulman - Your Lancaster County, PA Real Estate Professional (Coldwell Banker Select Professionals)


It's important to know the difference between a gentle nudge and a violent shove. A nudge may usher someone into action, but a violent shove most often results in a more violent counter shove.

05/07/2008 10:33 AM by Rosario Lewis, GRI ~ DDR Realty, Orange County, NY (DDR Realty)


I took a great course on negotiation!  Buyers have wants and needs.  They also have to protect themselves from getting embarrassed by overpaying or making a terrible purchase or accepting a terrible contract.  I think you need to play to their wants and needs and help protect them from the bad things.  Nobody wants to be on the fence, it's pointless.  If they are ready to buy, they are ready to buy, they just haven't found a good enough FIT yet.  Decipher the real problem and erase it from the equation.  This will save you and your client TIME and they'll thank you for it.

You may find that your buyer is just tire kicking.  In this case, I would say, "if it's meant to be, it's meant to be!"  LOL

05/07/2008 11:47 AM by Schrader Inc. - Mobile Home Financing Specialists


I have been working with a fence sitter for a really long time. If anyone could help me get her off the fence they would be my hero. I have way too much time invested to walk . I just know she is going to buy soon....

05/07/2008 01:43 PM by Sharon Harris (AllQuest Real Estate)


Rebecca, They told me that when I went to get my license (if it's meant to be...)

Sharon, I would guess you have to be direct with them and ask them (in your best used car salesman voice), "So, What's it gonna take to put you in this house today!"

05/07/2008 01:47 PM by Jim Hirschhorn, GRI, Real Living - Orlando (Real Living Real Estate Solutions)


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Real Estate Agent: Jim Hirschhorn, GRI, Real Living - Orlando (Real Living Real Estate Solutions)
Jim Hirschhorn, GRI, Real Living - Orlando
Orlando, FL
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