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Price to Sell
There's a sweet spot where a price is most powerful for the buyer, the seller, and you. Learn to price homes at what the market dictates, and learn techniques for seeking
agreement on that price.
Agent IQ Test
• How do you know if your listing is overpriced?
2Price to Sell
3
Right Price Mastery
• Mindset• Scripts• System
Price to Sell
4
Pricing Right Happens Twice
• First with you.• Then with the seller.
Price to Sell
5
Mega Agent Mindset
• My job is to get the home SOLD!• I am the expert• 14-day mindset• It’s always the price mindset• No such thing as inventory• There are two best pricing opportunities
Price to Sell
6
Overpriced Listings Exercise
Current Inventory x Average Commission=
Anytime Income
Why is it called Anytime Income?
Example: 10 Listings x $5,000 Average Commission =
Anytime Income: $50,000
Price to Sell
7
Slash and Burn Program (Monthly)
• Create a one-line list of all your listings.• Write down the selling price you expect.• Write down the “bet your life” price.• Communicate that number to the seller.• Four Options Script.• Reduce, Retrench, or Release.
Price to Sell
Inventory Pricing Chart
8
Address Price Black Price Should Be Red
Home 1 $315,000 $299,000
Home 2 $490,000 $474,900
Home 3 $175,000 $164,000
Home 4 $259,000 —
Address Price Black Price Should Be Red
Home 1
Home 2
Home 3
Home 4
Your Inventory
Price to Sell
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Seller Mindset
• My Home is amazing and unique.
• My updates should return retail price.
• Marketing sells homes.
Price to Sell
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Bring Seller to These Understandings:
• The less we negotiate, the more you make.• The buyers know the market.• Smart sellers sell quickly for better prices.• Top agents bring negotiating skills to the table.• Marketing of individual homes is to keep the seller
off our back.• No offer in two weeks, we are overpriced …
PERIOD!
Price to Sell
Action Plan
List at least ONE action you will take as a result of what you’ve learned.
1. _________________________________________
2. _________________________________________
3. ___________________________________________________________
Price to Sell
Thank You!Please complete an evaluation for this session.
Use any mobile device!
www.kwueval.com.