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.”