• 148. From Call to Contract: Mastering Seller Conversations in Real Estate

  • Nov 4 2024
  • Length: 9 mins
  • Podcast

148. From Call to Contract: Mastering Seller Conversations in Real Estate

  • Summary

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    In this episode, Travis shares an essential script for real estate professionals on how to confidently engage with sellers from the moment they answer the phone. Understanding the importance of preparation, he emphasizes putting in the reps to ensure you're not caught off guard during a conversation.

    Travis provides a step-by-step guide, starting with the initial greeting and continuing through various potential seller responses. He explains how to handle different scenarios, whether you're dealing with mail leads, PPC, or direct calls, and outlines how to identify motivated sellers. Travis discusses the importance of matching the seller's tonality and letting them speak without interruptions to build trust and gather crucial property details.

    He stresses the importance of going beyond price and focusing on creating a win-win situation for both parties. This involves learning about the seller's motivation and understanding the property's condition—roof, foundation, plumbing, and electrical—while pulling comps using tools like PropStream, Redfin, and Zillow to create competitive offers.

    Travis breaks down his strategy of providing three types of offers: cash, seller finance, and novation, and explains how to present these options effectively. He shares insights on using cash offers as an anchor to navigate the negotiation and move toward a higher-value agreement.

    For anyone looking to improve their seller conversations and boost deal-closing success, this episode is a must-listen.

    Tune in to learn how to connect, negotiate, and confidently manage your calls to secure more real estate deals.

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