Objections exist in any sales profession, as customers have to overcome them to be ready to make a purchase. In this post, we explore the top seller objections in real estate, specifically. The key real estate scripts provided will help you craft a quick and efficient response to some of the top objections faced in the industry — ensuring that you are able to meet with prospective sellers and seal the deal on-site. Once you’ve answered a seller’s objections, they will decide to list their home with you on the spot.
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Whether buyer objections or seller, objection handling scripts in real estate focus on the different reactions that can take place in regard to somebody selling or buying a home. An objection-handling script is a guide for addressing and overcoming customer concerns in sales or customer service. It includes responses to common objections, helping individuals respond confidently and persuasively. The goal is to turn objections into opportunities by demonstrating your value and closing the deal.
Here are some of the top seller objections in real estate and how you can overcome and handle them.
Every listing presentation objection will include a personalized aspect of the argument, mentioning relevant comp sales, names, reiterating their situation and concerns, and making a push toward closing the deal.
1. “I have to keep my promise to a friend or previous agent I talked to/bought the home from.”
Buying a home is a big money decision, and they know it’s important to be smart about it, and not let emotions guide them. This real estate objection suggests a simple solution: getting second opinions is a wise move. Doing what’s best for you and your family is good for business. Just choosing someone you know doesn’t guarantee the best financial results.
2. “We are waiting to see if our loan modification goes through.”
Today’s market is super competitive. Using pre-marketing to tackle objections in your listing presentation just makes sense. If the price is right and the opportunity is too good to pass up, why not give it a shot? You might be overlooking the perfect time to get the best value for your property.
3. “You’re too busy, you have so many listings, we want someone that can give us the attention we deserve.”
Level Shift:
In this objection script, highlight your successful track record that’s moving you ahead. If you’re selling 50 homes, your results speak for themselves – the kind they want for their deal. Those with fewer properties might lack the same experience. Don’t penalize efficiency; focus on getting the best for your property in today’s market.
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