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Working with Buyers 3

Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

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Page 1: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Working with BuyersWorking with Buyers3

Page 2: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

How Buyers Find Agents• 57% of business

comes from repeat clients and referrals.

• 66% interview only one agent – typically referred by a friend or neighbor.

• When a buyer asks a friend for a recommendation, you want to be the one.

For details see Manual

Page 54

Page 3: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

How Buyers Find Homes

Page 55

47% of buyers who searched with a mobile device used an IPhone, 40% used an IPad.

Page 4: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Make It Easy

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Page 5: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Green Designee Profiles

• Green designees’ profiles are automatically included in four directories:1. Realtor.com2. Realor.org3. Green REsource

Council4. USGBC

Greenhomeguide.com.

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Page 6: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Green Events

Look for opportunities:•to set up an exhibit booth or information table.•sponsor portions of events.•sponsor your own event.

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Page 7: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Your Personal Green Brand

• Establish a strong, consistent personal brand:– Establishes you as an

expert.– Builds your reputation

with other real estate professionals.

– Enhances both recognition and perceived image.

• If you don’t, they will!

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Page 8: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

8 Principles of a Personal Brand

1. Value proposition 2. Repetition3. Logo and tagline4. Consistency5. Commitment6. Authenticity 7. Congruence 8. Separate

personal and professional

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Page 9: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Green Buyer-Counseling Session

• Objectives:– Build rapport– Distinguish yourself – Learn the buyer’s needs

and wants – Obtain a commitment*– Complete a buyer

representation agreement*

• “we’re green, here’s why” packet:– Green properties

experience – Area of specialization,

services – Professional designations

and certification– Community involvement – Statement of

sustainability core values– Membership in

environmental organizations

– Online addresses– Testimonials

*For buyer-client services

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Page 10: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Motives, Needs, Wants

• Green related questions:– Motivation?– Experience? Likes?

Dislikes? – Importance of community

features (walkability, transportation)?

– Aesthetic preferences?– Interest in doing green

renovations?– Knowledge about grants

and incentives?– Preference for a green-

certified home?Page 63

Page 11: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Finding Homes

• First Stop—the MLS– “Green fields”

• Green Property Listing sites– Specialize in green

listings

• New Home Builders– Highlight green

homes and features

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Page 12: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Seeing the Green Potential

• Include an energy assessment with the inspection

• Determine: – home’s energy

efficiency– estimating costs – home’s location and

orientation for solar water heating or generating solar energy

The path to owning a green home may be adding green features and upgrades to an existing home.

The path to owning a green home may be adding green features and upgrades to an existing home.

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Page 13: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Energy Efficient Mortgages

• Special financing is available for green upgrades

• Lenders’ considerations include:– Savings on utilities =

more buying power– Adjust the loan-to-

value ratio– Increase the allowable

debt-to-income ratioPage 68

Page 14: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Objective Information

Do:• Present objective and

verifiable information• Provide facts• Refer buyers to

experts• Highlight the green

features

Don’t• Present information in

vague terms• Present opinions as

facts• Present yourself as

THE expert on all things environmental

• Interpret green benefits

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Page 15: Working with Buyers 3. How Buyers Find Agents 57% of business comes from repeat clients and referrals. 66% interview only one agent – typically referred

Follow-Up

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