Via Mario Trejo Romero:

Close More Deals by Listening More and Talking Less

Getting the listing is dependent on many factors of course, but this short piece is about the value of listening. I don't imagine this will be a hard sell to anyone reading this. We all know it's important, but do we do it? One of the most dramatic and helpful things you can sometimes (and it's one of my personal favorites) is to simply shut up. A brief pause in communication gives breathing room and get yield very good results.

Shutting your mouth for a bit and letting the conversation breath has many good benefits.

Shut up!
First, you don't want to interrupt your client, and talking constantly kind of puts you in this position by default. Also, fear of silence communicates insecurity; and it often is a fair assessment. We fill up the dead space because we're really not sure where the appointment is headed, so we talk and talk and talk...to make sure we get our points across. A well-rehearsed presentation makes good, effective use of words and leaves plenty of room for the client to talk.

Second, giving your client plenty of time to talk and listening to them carefully communicates that you actually care about what they're saying. If there's anything that a potential client wants it's to be cared for and understood. This takes time.

Additionally, pausing and letting the conversation "breathe" as I call it communicates confidence, AND you will actually be able to better understand your clients needs. Many listings expire and withdraw for the simple reason that they started off poorly to begin with. If expectations are better addressed up front, it makes for a smoother and more beneficial listing experience. Misunderstandings yield resentments down the road. Selling a home is stressful enough, and the client deserves your absolute attention up front and for the entire duration of the listing.

Be inquisitive
My favorite question is "How do you mean?" Real estate coach Howard Brinton has a technique he calls "going three deep". It's invaluable. When a buyer says they want a basement, don't ever just take this piece of information at face value? Follow up with "How do you mean?" "Is your main goal to have the extra storage space, or is it something else?" "If a home otherwise meets everything you need but it doesn't have a basement, do you want me to not bother you with it?" These questions add invaluable information, give you a deep understanding of what your client wants and most importantly...they can really reveal their deepest motivations for why they want to or have to move. Get on board with "going three deep". It makes your client feel like you really care, and it gives you the information you need to really give them impressive service.

 
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5 Comments on Close More Deals by Listening More and Talking Less

OCT
21
2008
1 Featured Post Localism Sponsor

The endless chatter leads to so many deals being killed. Not to mention listening brings a professional insight. I still want to silence the inspector who killed the deal this summer.

The probing question is one of our most important tools. People love to talk about themselves and buying a house is about them not us.

 

3:51pm • #1
OCT
22
2008

Brendon,  Thanks for reminding us.  We should focus on the needs and thoughts of our sellers by listening.  I like the old rule of thumb that the first 80% of the time should belong to the client and the last 20% telling about our virtues, and in that order.

8:39pm • #2
248,376 Points 11 Featured Posts Outside Blog

This is great advise for any subject. To many people (In my opinion) don't listen. Listening opens up all sorts of opportunities. If you let others talk they usually say WAY to much. I get accused of not talking enough, that's because I'm listening!

10:11pm • #3
NOV
02
2008
120,204 Points

As a former/future buyer, I couldn't agree more.  I recently posted a comment on another blog about having been drug around looking at houses simply because they were our agents listings.  They were either out of our price range, torn up, but described as a fixer-upper (because we said we didn't mind a little work), or just something that fit no criteria we had identified.  We have moved over 20 times and as a stager, I can see potential in lots of things, but not if it doesn't suit any of my needs!

10:57pm • #4
NOV
03
2008
2 Featured Posts

Good points, Brendan.  I especially like the 3 deep - great for agents like me that don't talk a lot to begin with.

7:44am • #5

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Brendan Winans -- Previews International

Superior, CO

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Coldwell Banker Residential Brokerage

Address: 2861 W 120th Ave. Ste. 200, Westminster, CO, 80234

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