Pricing Objection
Pricing Objections - Two step them
- “Promise that I can keep”
- “Better part of the afternoon”
- “It won’t appraise out”
- Price and “percentage of buyers” graph
- Overpriced homes sell other people’s houses
- After 90 days, there are two kinds of houses, the ones that are sold & ones that are overpriced
Pricing Objections
- Reverse the process
- Hard ball
- “I have to have” - financing objection
- “Beauty contest and a price war - have to win both”
- Use the data, use the data - Monthly CMA profile
- Situation - Another CMA
- “Bob from A.B.C. Realty said he could get me $50,000” or “Well we had it appraised for a second mortgage and they said it was worth $65,000.”
- Another Agent - I can understand how you would feel better, about going with an agent, who thinks your home is worth more money. I’d sure like to check my numbers,may I see the Competitive Market Analysis they prepared for you?
“We had an Appraisal for $150,000.”
- Another Agent - “I can understand how you would feel better, about going with an agent who thinks your home is worth more money. I’d sure like to check my numbers. May I see the Competitive Market Analysis they prepared for you.”