This is how one of my top agent responds when a client chooses to go a different direction! They sent me this letter as a sample of how they handle the situation. After they send this letter they have a follow up system to make the client feel special and continue to take the blame for the mistake, I asked them how many clients come back and they say over 75% return in a few weeks/months. What if all of us responded this way...... how much more business would we have and how many times would our names be passed out?
Dear Client
As a past client and the purchaser of a new home 3 years ago, we are writing this letter "from the heart". Why from "the heart?" We feel your pain! We felt we should say something. We are not upset you listed with someone else.
You are our friends! You have been a trusted adviser and part of our concierge program since our meeting. We have looked out for you. We have kept you updated on the real estate market, sent out gifts, Christmas cards, and provided you with updates, and as new homeowners to our fair city have tried to make you both feel welcomed. Hugs all around when we met at our listing appointment. It was really nice of you to share your new plans and visions with us. We were, and are, excited for you and your family.
We have failed you! We're sorry!
We did not think your house would sell for the price you wanted. We offered to have a licensed appraiser, at our expense, to verify it's market worth. We failed you when we explained the market, we failed to communicate the importance of pricing, we failed to communicate!
We were looking out for your best interests. We would have come back and made adjustments to "the price" We would have worked with you.
I could tell from your voice when you said you "were going with another agent" that it was upsetting to you and that we were not chosen to represent you. Again we are sorry we did not agree on your price!
We truly hope that your house sells for your price, and we wish your family the best of luck!
Sign name (blue ink)
Jeff, very interesting. I'm glad to ear it works for them because this happens to all of us and it hurts. this is a great letter.