Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK
MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 1
Topic 2: Ad Calls and Sign Calls Introduction to Your Coach Shon Kokoszka Contact Info Please let us know if there is anything youd like to discuss in relation to your coaching program. Email: fasttrack@kw.com Fax: 512-532-6614 Phone: 512-327-3070 ask for MAPS Group Coaching Notice While Keller Williams Realty, Inc. (KWRI) has taken due care in the preparation of the coaching program, the material contained herein reflects the practices of the coaches and is not necessarily the best practices promoted by KWRI. We cannot guarantee the accuracy of the materials. KWRI makes no warranties, either express or implied, with regard to the information and programs presented in this manual. KWRI will not accept liability for any loss or damage of any kind that you incur as a result of the use of any content provided by the MAPS Institute. KWRI therefore cautions you not to assume that the results of this exercise bear any relation to the financial performance you can expect as a KWRI associate. The coaching program is offered to support your professional growth by directing you toward productive activities. Copyright notice: All materials are copyright 2014 Keller Williams Realty, Inc. All rights reserved. No part of this publication and its associated materials may be reproduced or transmitted in any form or by any means without the prior permission of Keller Williams Realty, Inc.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 2
Get Ready! Complete the questions and assignment on this page as a warm up to prepare for your coaching call. What are your goals when answering an ad or sign call? ______________________________________________________________________________ What are the prospects goals when responding to your ad or sign? ______________________________________________________________________________ What strategies do you use to gain control of a conversation? How effective has this been? ______________________________________________________________________________ What questions do you ask to prequalify buyers? ______________________________________________________________________________ ______________________________________________________________________________ What percent of your prospects convert to buyer appointments? ______________________________________________________________________________ What is your unique selling proposition? ______________________________________________________________________________ Ahas from the Last Call ______________________________________________________________________________ ______________________________________________________________________________
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 3
Guidelines for this Course 1. Only paid participants may listen and contribute. 2. Mute yourself whenever you are not talking (*6). 3. Do not put the call on hold (you will be disconnected). 4. Complete all assignments prior to call. 5. Be PREPARED! This Weeks Objectives 1. List the goals of the Realtor and the goals of a prospect on an ad or sign call. 2. Implement strategies to gain control of a phone call. 3. Generate a list of questions to prequalify a prospective buyer and use a Lead Sheet to record every call. 4. Use the ABC technique to get appointments with prospects. 5. Describe your unique selling proposition.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 4
1. Goals of the Realtor and Goals of the Prospect Realtor Goals What are the goals of the Realtor when answering an ad or sign call? ______________________________________________________________________________ ______________________________________________________________________________
Prospect Goals What are the goals of a prospect who calls in response to an ad or sign? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 5
2. Strategies to Gain Control of a Conversation Question and Answer Strategy What are a few questions a prospective buyer might ask? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ What happens if you give a short, direct answer to a question? ______________________________________________________________________________ How do you gain control of a conversation? ______________________________________________________________________________ The person who is talking _________________________________________________________ The person who is asking questions __________________________________________________
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 6
Transition Strategy Transitions are used to shift control of the conversation from the prospective buyer to you. Saying something unexpected or asking a question provides a break state or breaks the talk pattern of the one speaking. Transition Scripts Oh, thats a great property; everyones calling in on that one. Hello, so you must be another neighbor? Are you looking to buy just one home? Real quick, as I grab that information, tell me, what attracted you to that house? While Im grabbing that file, real quick answer, are you in the market to buy a home?
You will capture 50% more buyers when you take control of the conversation!
Recap The strategy weve discussed is _____________________________________________________ ______________________________________________________________________________ What makes this strategy so good? When you ask questions, you find out what the prospect wants.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
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3. Prequalification of a Buyer Prequalification Questions What questions should you ask to determine a prospects motivation? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ What questions should you ask to determine a prospects physical needs? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ What questions should you ask to determine a prospects financial qualification? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
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Assessing the Prospect What do you do when you get a response that indicates the prospect is not highly motivated? Motivation Script Because I want my motivation to match your motivation, tell me, on a scale of 1 to 10, with 10 meaning you needed to buy a home yesterday and 1 meaning you dont ever really need to buy a home, how would you rate yourself? Response What would it take to bring you to a 10? Your conversation continues as you ask the prospect to tell you about his/her perfect home. When the prospect tells you about a feature, probe deeper by asking what is important about the feature. Lead Sheet Turn to the end of this unit and review the sample Lead Sheet. You should have a stack of Lead Sheets next to every phone in your immediate office or floor desk/opportunity time desk. Why is it important to use a form? If you dont have a form you may forget to ask an essential question. NCR Forms Lead Sheets are NCR (No Carbon Reproduction) with three copies for 1. Lender 2. Office file 3. Realtor
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 9
Recap Why is it important to ask qualifying questions? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ What information should you record for each prospect? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 10
4. ABCs of Getting an Appointment ABC Script Format A Action B Benefit C Commitment If the benefit you offer is strong enough, the prospect will be motivated to work with you. Getting an Appointment Script Ill tell you what. Lets set an appointment for you to come to the office. I can pull up all the listings that match your criteria and download the color pictures and virtual tours for you to see in my office. That way, you can preview the houses without having to take the time to drive by them. How does that sound? Response Great, so whats the best time for you to buy a home with me weekdays or weekends? Action: The action is setting an appointment for the prospect to come to the office. Benefit: There are multiple benefits for the prospect. One is seeing pictures and virtual tours of properties that fit the prospects specific criteria. The second is saving time by avoiding driving through a lot of neighborhoods. You should also introduce your unique selling proposition to emphasize the benefits you bring to buyers. Commitment: When seeking a commitment, it is a good idea to offer an alternative choice. Either answer is a win-win. Always avoid asking a question that can be answered with no.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
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Tip! Use the Power of Embedded Commands Embedded commands (underlined and bold in the script above) are used because people dont listen to everything we say. Embedded commands create a break state which draws attention to your most important points. Embedded commands are phrases that call the listener to action. The key is to emphasize and lower your voice on the last word.
Recap The ABC strategy is the framework to get what you want. A. You suggest the action. B. You increase your chance for success when you emphasize the benefit to the prospect. The best Realtors always think about what the client or prospect wants and offer a great solution. C. You also increase your chance of getting what you want when you offer alternative choices for a commitment.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
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5. Unique Selling/Value Proposition When you use the ABC technique to get an appointment, you point out the benefits you bring to a prospect. No matter what the conversation, your unique selling proposition is always a benefit. Research shows that Realtors who have a clearly defined unique selling proposition fare better when competing against discounters and other agents. You should Create a full unique selling proposition that you present during a buyer consultation. Have a short and memorable proposition that you use to get an appointment. Communicate your unique selling proposition in a way that demonstrates your benefit to the client.
Recap You are selling your services to prospects. Your message should be short, clear, and memorable. Dont talk about how good you are. Talk about the benefits you bring to your clients.
Topic 2 Assignments 1. Practice scripts with your coaching partner. To increase retention, look at the script while practicing, and walk around as you are saying the lines. Many people are successful when they practice scripts for five minutes each morning for two weeks. a. Transition Scripts b. Motivation Script c. Getting an Appointment Script 2. Complete weekly numbers form and fax to MAPS (512-532-6614). This should be done at the end of EVERY week. 3. Use the Lead Sheet on the last page (or your own) to prequalify every prospect. 4. Complete the assignment on the following page and fax it to MAPS (512-532-6614) within three days of this call.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 13
Ad Calls and Sign Calls Unique Selling/Value Proposition Column 1: List three reasons why a buyer should work with you (your unique selling proposition). Column 2: State your unique selling proposition in terms of the benefit to the buyer.
Unique Selling Proposition Benefit to Buyer Example: I have 20 years of experience. Because I have been working as Realtor for 20 years, I know the market better than anyone else. If any problems arise, I can handle them because Ive been through it so many times.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
MAPS GROUP COACHING WORKBOOK MAPS 2014 KWRI ALL RI GHTS RESERVED KELLER WI LLI AMS REALTY, INC. 14
Transitions List three transitions you use to interrupt a callers dominance and gain control of a conversation. 1. 2. 3.
Mega Buyer Agent Skills Topic 2: Ad Calls and Sign Calls
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Your name: ____________________________________________________________________ Weekly Numbers Form Week YTD 1. How many days did you work this week? ______ ______ 2. How many hours did you spend prospecting? ______ ______ 3. How many new contacts did you obtain? ______ ______ 4. How many listing appointments did you refer to others in your office? ______ ______ 5. How many listings did you sell? ______ ______ 6. How many ad and sign calls did you answer? ______ ______ 7. How many ad and sign calls did you convert to appointments? ______ ______ 8. How many other buyer appointments did you set (walk-ins, referrals, etc.)? ______ ______ 9. How many buyer agency contracts did you get signed? ______ ______ 10. How many buyer appointments did you attend? ______ ______ 11. How many homes did you sell? ______ ______ 12. How many deals do you have pending? ______ ______ 13. What is your current pending income? ______ ______ 14. How many deals fell through? ______ ______ 15. How much paid income did you receive? ______ ______ FAX this to 512-532-6614 Notes: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________