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| May 25, 2012 |
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The Buyer Interview - Additional Value of Your Services
by Dirk Zeller
This is Part II of a two part series. Please see Part I here: The Buyer Interview - Additional Value of Your Services - Part I Selecting the right financing vehicle and source - I believe that Champion Agents provide more counsel and direction in this area than other average agents. I believe they are more willing to take the risk in the relationship to ensure their clients’ satisfaction than other agents. It boils down to a philosophy of playing to win a delighted client or just a customer and pay check. You can make a lot of money, for example, finishing in the top twenty regularly in golf tournaments on the PGA tour. There are a lot of guys who can make a lot of money doing that. There are few guys who are willing to take the risk to win the tournament. They guy who wins gets the recognition, emotional lift, gained confidence, and the money. The guy in the top twenty gets the money. Which one are you playing for? "There are more options today than ever before for the financing of your home. Certainly there are numerous sources you can acquire your financing from. There are also hundreds of possible loans from thirty, fifteen, and ten year fixed to ARM mortgages with differing terms, lengths, and calculations of payments. There are interest-only products, as well as prepaid interest rate products, like the 2 to 1 buy downs. There are loans with no fees and high up front fees, some of those fees can be paid by the seller. Closing coordination and communication - This area of the presentation presents multiple questioning and closing positions to see how things are going. How frequently would you like me to communicate with you? How best would you like me to communicate with you? A word of caution, just because e-mail is easy doesn’t mean it’s best for this client. I am personally a telephone person. I don’t really like e-mail as much. "Call me and give me the update." There are, especially in the younger generations, people who really prefer e-mail to the phone. Check with your client on their preferred method of communication. "There are many steps to closing a transaction. We have to deal with many people in the process. The other agents, their broker, the seller, the lender, the underwriter, the inspector, the appraiser, construction repairmen, the title insurance administrator, the escrow agent, or attorney. There are many people who need orchestration and communication. There are also the pounds of paper that follow every transaction that we manage. Follow up after the sale - You want to set the stage that your service and connection doesn’t end when the sale is closed; that they can call you about anything they might need. The Nordstrom positioning, as a full service provider, is key at this juncture. The reason most people don’t go back to do business with real estate agents is lack of follow-up after the sale. Convey the different service models you employ. "Though I receive my compensation with the completion of the sale, my job has just begun. My desire is to create clients for life. You can be assured that you won’t have to go through this process again to find an agent to represent your interests. Published: March 2, 2012 Use of this article without permission is a violation of federal copyright laws.
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