Wednesday, October 23, 2024

listing presentation

    Securing a listing is critical to a real estate agent’s job, and losing out on a potential client can be disheartening.

    Understanding the reasons behind a failed listing presentation can help you refine your approach and increase your chances of success in the future. Here are some of the most common reasons your listing presentation might not have won the client.

    Lack of Preparation

    Preparation is crucial for any successful presentation. If you didn’t research the property thoroughly, failed to prepare a detailed Comparative Market Analysis (CMA), or overlooked important market trends, the client might perceive you as unprepared or unprofessional.

    Clients expect you to comprehensively understand their property and the local market.

    Poor Presentation Materials

    Using outdated or low-quality materials can negatively impact your presentation. Clients want to see polished, professional materials that reflect your expertise and attention to detail.

    High-quality photographs, clear graphics, and well-organized documents can significantly affect how you are perceived.

    Football Schedule postcards

    Ineffective communication skills are presentation killers. If you talked too much about yourself without addressing the client’s needs, failed to listen actively, or couldn’t articulate your value proposition clearly, the client might not feel confident in your ability to represent them.

    Engaging with clients and addressing their concerns is key to building trust.

    Inadequate Marketing Plan

    Clients want to know how you plan to market their property effectively. If your marketing plan lacks detail, innovation, or a clear strategy, the client might doubt your ability to attract potential buyers.

    Presenting a robust, tailored marketing plan that leverages both traditional and digital channels is essential.

     

    Failure to Build Rapport

    Building a personal connection with the client is crucial. If you come across as impersonal or don’t make an effort to understand the client’s unique situation, the client might choose an agent they feel more comfortable with.

    Showing empathy, being personable, and establishing a genuine connection can set you apart from competitors.

    Misalignment on Pricing

    Disagreements about the listing price can be a deal-breaker. If you suggest a price that seems unrealistic or doesn’t align with the client’s expectations, it could lead to a loss of trust.

    Ensuring your pricing recommendations are backed by data and communicating the rationale clearly is important.

    Inability to Handle Objections

    Clients often have concerns or objections that need to be addressed. The client might question your expertise if you can’t handle these objections confidently and convincingly.

    Being prepared to address common objections with well-thought-out responses can help reassure the client.

    By addressing these common pitfalls and continually refining your approach, you can improve your listing presentations and increase your chances of winning over clients.


    PLUS: When you have time…below are some marketing tools to help support your success.

    1. Put Your Real Estate Business a Step Above with Your Own Branded Magazine

    Homes & Life Magazine is a customizable magazine with rich, full-color content and a sharp, professional aesthetic. It includes compelling, direct, response-driven articles written by real estate industry experts and engaging lifestyle content. Send out Homes & Life Magazine in Just Minutes – No Minimums Required. Or we’ll ship it to you. Homes & Life Magazine is the ultimate “Coffee Table Lingerer”! …and it costs less than sending a greeting card!Click Here

     

    2. The Free 6-Month Done-For-You Strategic Marketing Plan

    The Real Estate Marketing Planner is a powerful 6-Month Guide that strategically defines what marketing to do and when. Four key market segments include niche Markets, geographic farming, sphere of influence, and past clients. – Click Here    

    3. The Free Interactive 6-Month Real Estate Business Review

    The Free Interactive 6-Month Real Estate Business Review allows you to enter your business goals for the remainder of the year and get a breakdown of how many prospects, listings, closings, and so on are needed to reach your goals.   – Click Here

    4. The Become a Listing Legend Free eBook 

    This image has an empty alt attribute; its file name is Become-A-Listing-Legend-3D-Book-White-274x300.jpg

    Ready to take a vertical leap in your real estate career? If you’re looking for inspiration…and the tools and methods to dominate a market and go to the top in real estate…you’ll find them in this free book. – Click Here      


     

      Studies indicate it takes a tenth of a second to begin to form an impression of someone you don’t know.

      Therefore, be aware that a potential client may start to decide about hiring you while you are still standing on their doorstep. This is why it’s important to ensure your first impression is amazing.

      Here are three tips to master your listing presentation and win that client.

      1. Send a pre-listing packet

      I couldn’t find any statistics about how many listing agents send a pre-listing presentation packet to homeowners. I hope you will be among those who do.

      The pre-listing packet is part of your curb appeal, so make it as compelling as possible.

      We have spoken with our customers about what they include in theirs:

      • Current local market conditions
      • Your agent bio, in the form of a personal brochure (so classy and so professional!)
      • Information about your brokerage, including any impressive sales stats
      • A mock-up of Just Listed marketing pieces you will use if you get the listing
      • Client testimonials (a must-have)
      • A blank listing agreement (you may want to watermark it)
      • A step-by-step explanation of the listing process.
      • Direct response reports such as “Inventory is LOW, Now is the Time to Sell,” “What If I Sell My Home and Can’t Find One to Buy”, and “Reasons Why Your Home May Not Sell”. All of these reports are available, HERE.

      Ensure that the packet is ultra-professional and client-centric (in other words, not a lot of overt self-promotion), and highlights the value of working with you. Send it out to the homeowner at least three days before the listing presentation appointment.

      2. Prepare to impress

      The groundwork begins when you get that first phone call from a homeowner requesting to meet with you. Ask the important questions now, so that you are better prepared during the actual listing presentation.

      Experts state to include the following questions:

      • May I ask why you’re selling?
      • Is there a date by which you need to be out of your current home?
      • How long have you owned the home?
      • Have you remodeled or renovated your home? Any repairs?
      • Is anyone else on the title? Is it possible he/she/they could be present when we meet?
      • How did you hear about me?

      Take notes of each answer so that you don’t repeat these questions during the listing presentation.

      Your last step should be to take a drive by the home you’ll be listing (hopefully!). Take note of its curb appeal, or lack thereof, the neighborhood, and any nearby amenities that will positively or negatively impact value.

      3. Take a deep breath

      You may have heard from more experienced agents that “People do business with those that they know, like, and trust.”

      It’s a big challenge to achieve all three of those in the time it takes to give a listing presentation, especially for agents who are new to the industry and lack the confidence that experience brings.

      Be genuine; people can tell in a heartbeat if you’re faking it. “You can’t force rapport,” claims the president of the RAIN Group, Mike Schultz.

      Walk up to the door, stretch, shake your hands to get the jitters out, and take a deep breath. And don’t forget to smile.

      During the presentation, listen carefully, and nod to acknowledge that you’re listening. Take notes if you need to.

      You’ve got this.


      PLUS: When you have time…below are some marketing tools to help support your success.

      1. Put Your Real Estate Business a Step Above with Your Own Branded Magazine

      Homes & Life Magazine is a customizable magazine with rich, full-color content and a sharp, professional aesthetic. It includes compelling, direct, response-driven articles written by real estate industry experts and engaging lifestyle content. Send out Homes & Life Magazine in Just Minutes – No Minimums Required. Or we’ll ship it to you. Homes & Life Magazine is the ultimate “Coffee Table Lingerer”! …and it costs less than sending a greeting card!Click Here

       

      2. The Free 6-Month Done-For-You Strategic Marketing Plan

      The Real Estate Marketing Planner is a powerful 6-Month Guide that strategically defines what marketing to do and when. Four key market segments include niche Markets, geographic farming, sphere of influence, and past clients. – Click Here  

       

       

      3. The Free Interactive 6-Month Real Estate Business Review

      The Free Interactive 6-Month Real Estate Business Review allows you to enter your business goals for the remainder of the year and get a breakdown of how many prospects, listings, closings, and so on are needed to reach your goals.   – Click Here    

       

       

      4. The Become a Listing Legend Free eBook 

      This image has an empty alt attribute; its file name is Become-A-Listing-Legend-3D-Book-White-274x300.jpg

      Ready to take a vertical leap in your real estate career? If you’re looking for inspiration…and the tools and methods to dominate a market and go to the top in real estate…you’ll find them in this free book. – Click Here


       

        You counsel your listing clients about staging their homes and improving their curb appeal.

        Now it’s your turn to take your own advice. Amp up your professional curb appeal with a brilliant pre-listing package that will knock any prospective client’s socks off.

        Presentation Folders. See more HERE
        New to the biz?

        A pre-listing packet contains information about you, your services, your track record, and what you do to successfully market homes.

        Just as you want your clients’ homes to offer a brilliant first impression, so it goes with creating the same for yourself.

        And you won’t have a lot of time to do that during the listing presentation. In fact, you’ll have exactly one-tenth of one second to make that first impression in-person, according to research by Princeton psychologists and researchers Janine Willis and Alexander Todorov.

        So, knock their socks off before the listing appointment.

        What to include in your pre-listing packet

        Naturally, everything you include in the packet should be branded. Here are a few ideas on what to share with your potential listing clients:

        Property Folders. See more HERE
        • About you and your team (if you have one)
        • Impressive sales statistics. Lacking those, consider using the brokerage’s statistics. Again, if they are impressive.
        • Success stories with testimonials as proof.
        • Your marketing plan, including examples of past marketing efforts, a list of websites and other vehicles you will turn to in your marketing efforts.
        • Anything that makes you stand out from other agents. For example, if you offer free staging and few others do in your market, that’s a value proposition worth mentioning.
        • Consider including the contracts and other paperwork that they will be signing when they list with you. Yes, you should still explain them when they list, but they’ll be familiar with the documents, allowing you to save time during the presentation.
        • A diagram or infographic of the steps they can expect to take during the sales process.

        This list is by no means exhaustive, but it should give you an idea of what to include in a pre-listing packet.

        Pretty it up
        Upload Your Own Folders. See more HERE

        The pre-listing packet doesn’t necessarily need to be a physical, bound handout. If you prefer, make it virtual. Many agents like to include their marketing videos, listing videos, and other virtual goodies, creating a virtual introduction to their services is ideal.

        If you decide to go the other route, ensure that the presentation is professional, polished and reflects your business style and values, and is targeted to your potential client.

        If you need help with design, check out fiverr.com. For a virtual pre-listing presentation, visit highnote.io. And don’t forget to check out our pre-designed presentation folders or design-your-own, HERE.


        PLUS: When you have time…below are some free tools to help support your success.


        1. The Free 12 Month Done-For-You Strategic Marketing Plan

        The Real Estate Marketing Planner is a powerful 12-Month-Guide that strategically defines what marketing to do when. Four key market segments are included, niche Markets, geographic farming, sphere of influence, and past clients. – Click Here

        2. The BusinessBase, SOI building system

        The most effective thing you can do to build a real estate business is to become more visible, more likable, and remembered more often. The BusinessBASE™ not only checks all of these boxes, but it is a business building machine. In two easy steps, you can begin to build a robust sphere of influence that will provide you a lifetime of repeat business and referrals. – Click Here

        3. The Free Interactive Real Estate Business Plan

        The Free Interactive Real Estate Business Plan allows you to enter your business goals for this year and get a breakdown of how many prospects, listings, closing, and so on are needed to reach your goals.  – Click Here

        4. The Become a Listing Legend Free eBook 

        This image has an empty alt attribute; its file name is Become-A-Listing-Legend-3D-Book-White-274x300.jpg

        Ready to take a vertical leap in your real estate career? If you’re looking for inspiration…and the tools and methods to dominate a market and go to the top in real estate…you’ll find them in this free book. – Click Here

        5. The Take a Listing Today Podcast

        The Take a Listing Today Podcast

        Watch the ProspectsPLUS!, Take a Listing Today Podcast for actionable content to help you get more listings. – Click Here


        Please reach out to our support team at 866.405.3638 with questions or if there is anything we can do to help you in your success.

        We’re here to support you.

        Your ProspectsPLUS! Team


          Congratulations on that new listing. And those photos that your pro photographer snapped are gorgeous. Also looks like you put a lot of thought into writing the listing description.

          It’s a pity that you hit the submit button before you uploaded a floor plan. But you don’t use floor plans in your listings, do you? Most agents don’t, and those who do want to thank you for not using them.

          Maybe this will convince you: One in 10 buyers surveyed said that they wouldn’t even look at a home for sale if they hadn’t seen a floor plan first, and this number continues to increase. (Rightmove).


          Attract Buyers with the Rent By Numbers Campaign shown above. Learn more, HERE

          NAR’s latest Generational Trends Report says that the third most important feature of an agent’s website (according to buyers) is a floor plan in listings. It ranked third last year as well.

          Numbers one and two are photos and the listing description.

          It’s a new era. We’re in a worldwide pandemic that’s turned the way you do business upside down.

          Consider including floor plans with your listings. The process isn’t as expensive and time-consuming as you might assume.

          Besides, buyers want them.

          Matterport

          The OG of real estate agent floorplans, Matterport is typically what we think of when the topic comes up.

          Matterport’s 3D interactive floor plan offers clients what they truly crave: the ability to “walk through” a home and view what they want to view, not what a videographer wants them to see.

          According to the company’s website, using Matterport floor plans in your real estate listings will result in:

          • A 4-9% higher sales price
          • DOM decrease of up to 31%

          Matterport currently offers four price points:

          • Free
          • $9.99 a month
          • $69 a month
          • $309 a month

          Along with the price of the plan, you’ll need to purchase a 360 camera. Learn more about that process at matterport.com/camera.

          Agent reviews are all over the map.


          Build your High-Income Renter prospect list now. Learn more HERE

          One Las Vegas agent claims that although Matterport’s “… virtual tours are the gold standard when advertising properties online … The price of the equipment and storage is expensive.”

          Read additional reviews online at g2.com.

          RoomSketcher

          Around 2007, you may have known about RoomSketcher’s software as “Home Designer.” While “The tool is still the same … our new name emphasizes our focus on creating both the best floor plan tool, as well as the best home design tool, on the market,” according to the company’s website (roomsketcher.com).

          With RoomSketcher you have options:

          • Draw the floor plans yourself using the app
          • Order them from RoomSketcher’s Floor Plan Services
          • Hire a freelancer to draw them for you

          With a drag and drop interface, it couldn’t be simpler.

          Finally, choose between 2D and 3D.

          Prices start at $49.99 a year for the VIP package or step up to the Pro plan for $99.99 a year. If you’ll be creating more than 100-floor plans a year, go for the Hi-Volume plan. You’ll need to contact the company for the price of this one.

          RoomSketcher garners excellent reviews at g2.com.


          PLUS: When you have time…below are some free tools to help support your success.


          1. The Free 12 Month Done-For-You Strategic Marketing Plan

          The Real Estate Marketing Planner is a powerful 12-Month-Guide that strategically defines what marketing to do when. Four key market segments are included, niche Markets, geographic farming, sphere of influence, and past clients. – Click Here

          2. The BusinessBase, SOI building system

          The most effective thing you can do to build a real estate business is to become more visible, more likable, and remembered more often. The BusinessBASE™ not only checks all of these boxes, but it is a business building machine. In two easy steps, you can begin to build a robust sphere of influence that will provide you a lifetime of repeat business and referrals. – Click Here

          3. The Free Interactive Real Estate Business Plan

          The Free Interactive Real Estate Business Plan allows you to enter your business goals for this year and get a breakdown of how many prospects, listings, closing, and so on are needed to reach your goals.  – Click Here

          4. The Become a Listing Legend Free eBook 

          This image has an empty alt attribute; its file name is Become-A-Listing-Legend-3D-Book-White-274x300.jpg

          Ready to take a vertical leap in your real estate career? If you’re looking for inspiration…and the tools and methods to dominate a market and go to the top in real estate…you’ll find them in this free book. – Click Here

          5. The Take a Listing Today Podcast

          The Take a Listing Today Podcast

          Watch the ProspectsPLUS!, Take a Listing Today Podcast for actionable content to help you get more listings. – Click Here


          Please reach out to our support team at 866.405.3638 with questions or if there is anything we can do to help you in your success.

          We’re here to support you.

          Your ProspectsPLUS! Team