The Real Estate Agent\'s Guide to FSBOs - Make Big Money Prospecting For Sale By Owner Properties

(Tina Meador) #1
Special Telephone Techniques

willing to come down. However, whatever you ultimately
agree upon with the seller, make sure it’s in writing.



  • Dual Agency Discount.Offer to list the property at
    full price but also tell them that if you sell the home
    yourself as a dual agent (when you are both the
    buyer and seller’s agent) you will discount the bro-
    kerage fee for them. Dual agency is rare. This is usu-
    ally the safest way to offer a discount.

  • Temporary Discount. Give them a temporary dis-
    count. How this works is simple. For the first two
    weeks of your listing, tell your seller that if the prop-
    erty sells you’ll discount the brokerage fee. After the
    two-week period expires, the full fee will go into
    effect.
    This is typically done when you or your office
    plan on spending a heavy amount of money on the
    marketing of your listing. After time, the marketing
    can add up and eat into the overall brokerage fee
    that you will be receiving. But if you sell the property
    in the first two weeks, you’ll be saving on the
    marketing.

  • Incentives.Throw in some incentives to make up for
    a discount in the brokerage fee. For example, you
    can offer to pay for a one-year home warranty and a
    virtual tour of the property. These still cost you, but
    it shouldn’t be nearly as much as the discount the
    seller may have in mind.

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