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Real Estate Training & Coaching School

"I'd List With You Now, But Where Will I Move To?"

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 15 May 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com Are you STILL hearing from your would-be seller clients something that sounds like this? "I'd sell today, but where would I move to?"  "I'd love for you to list (and sell) my home, but I don't want to be homeless!" Instead of saying: 'Yes, I know... I've got you set up with a drip system, so you'll see the newest listings.' HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/ What if your seller/buyer is being more proactive than you are? Are they going to open houses without you this weekend? Are they visiting new construction? Are they sending postcards to homeowners in their favorite neighborhoods? Have they ghosted you? REAL ESTATE LEADS, LEADS and more LEADS: Question: What is Tim and Julie Harris's favorite PROBATE LEAD PROVIDER? Simple, alltheleads.com/harris TOP FIVE SOLUTIONS to turn Would-Be Sellers into LISTINGS! 1 Consider building a home instead of chasing after the scarce resale inventory.  There are several advantages to this option.  First, many builders are buying down interest rates using their in-house financing.  The buyer can lock in a better rate this way.  Next, the house is new.  No rehab for them and no inspection woes for you.  Your client can get their home on the market a few months before completion and not have to move twice.  Finally, when your client builds, they aren’t having to compete in a bidding war.  Builders with in-house financing also have superior mortgage interest rates.  (In a 7+% interest rate environment, Toll Brothers has a 5.8% 30-year fixed rate program this week!) 2 Consider buying first, closing, and then listing the previous home.  Don’t assume your buyer/seller prospects won’t or can’t utilize this option.  They may have a downpayment saved that isn’t their home equity.  They might use a bridge loan to borrow their equity, close on the next home, and then sell the old one.  You don’t know if you don’t ask.  The advantage is that your client can make a non-contingent offer, secure their next home, and deal with their old house later. Make sure you know lenders who offer bridge loans and that you understand how to explain this option. 3 Consider selling first, renting for a while, and taking the time to look for the right home.  The advantage here is the seller has cashed out their equity and is ready to pounce on the right home, but without the pressure of organizing closing and possession dates.  Who are your go-to leasing agents?  Consider both traditional rentals, short-term vacation rentals that may consider a lease, and apartment complexes.   Ready to become an EXPIRED Listing Agent? As promised, here is the discount link for the EXPIRED LISTING LEADS: https://www.redx.com/affiliate/tim-and-julie-harris/ What's the bottom line? You can't just wait around for listings to appear for your seller prospects who have to buy!  Be proactive with different solutions that could work for them.  You'll have more transactions, and they'll value your expertise, netting you both current business and future repeat referrals.

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.

0:10.2

This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.

0:18.2

What's really working in today's market, how to generate more leads,

0:21.8

make more money, and have more time for what you love in your life. And now your host,

0:27.7

Tim and Julie Harris. Welcome back. Thanks for all the great feedback from yesterday's podcast

0:34.1

with regards to the new rules as pertains to all the changes with the buyer agency

0:39.4

side of the transaction. Make sure you listen to yesterday's podcast. We're going to be doing

0:43.2

additional podcasts as that topic continues to evolve. And remember, your date to have all these

0:49.6

new changes put in place. If you're going to be working with buyers, which all of you will be,

0:53.4

is August 17th. So make sure you're going to be working with buyers, which all of you will be, is August

0:54.2

17th. So make sure you're paying attention to all the changes happening. And we're going to do our

0:59.6

best to keep you at the very forefront of everything that's happening and start with listening

1:04.2

to yesterday's podcast. And actually, I believe we did it two days in a row, didn't we? Correct. You got it.

1:07.9

Great. So today's podcast is helping you overcome the most

1:12.0

annoying objection most of you are hearing in today's market. It's simply, I'd list with you now,

1:17.7

but where will I move to? Yes, perhaps the number one objection that just won't go away. Are you

1:23.7

still hearing from your would-be seller clients? Something that sounds like any of this?

1:28.0

I'd sell today, but where would I move to?

1:29.9

I'd love for you to list and sell my home, but I don't want to be homeless.

1:33.9

Instead of saying, yep, I know, I've got you set up with a drip system,

1:37.2

so you'll see the newest listings.

1:38.8

Isn't that what you're saying?

...

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