Austin Texas Real Estate Blog

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Psst.....Ask for the business! What do you have to lose?

 

I had a sign call for one of my listings in north Austin yesterday, and we set up an appointment to take a look at the home today at 3:00.  He sounded like a nice young guy on the phone when we spoke, and we had a great rapport during the showing.  I noticed that he was carrying a spiral notebook with notes about lots of houses (along with agent names, phone numbers, etc.).

We spent awhile looking around and talking about the area and the market in general, and he was hoping his wife could make it to see the place, too.  I told him that I didn't have any other appointments until around 6:30, so I was available if we needed to wait on her to see it.  This made him happy and he tried to call his wife a few times, to no avail. 

While we were looking around in the back yard, I received another call from the flyer, from a lady who lived about two blocks away.  I told her that she could swing by to take a look since I was already there showing it to someone else.  Needless to say, this created a slight sense of urgency for both parties, although I don't know if it will pan out yet with either of them.  Truthfully, it felt like a mini-open house.

Before the other lady arrived, I began to wrap things up with the first buyer.  I told him that I would be happy to help him if he was looking at a lot of homes in the area (I already knew he didn't have an agent).  He was somewhat noncommittal, but pleasant, and we parted ways.  I also told him that I would be happy to come back if his wife were able to make it today, and he was thankful.  I gave him my card before he left.

 Imagine my surprise when I got a call from him about an hour later, asking if I could show him a couple of other homes in the neighborhood.  It turns out that both of them were vacant, so I didn't have to make any appointments. 

I told him that I could easily do that, and he said, "That's great!  I just want to get your opinion on those so that we can make a decision.  I have narrowed it down to three homes, and we will be buying something soon.  I'm going to go through you when I buy."

 

After showing him the other places, I am not really sure that my listing is the best fit for him, his wife, and their four-year old son.  I gave him my honest opinion about the pros and cons of each home.  If he decides to pursue my listing, we will deal with the intermediary issues and disclosures then.  Either way, I gained a new buyer by simply being available and  mentioning that I would like to help.

I realized that I might have been the first person to even ask for his business.  Perhaps not, but I didn't pressure him in any way, just offered the service if he needed it.  This has been my method for many years, but I wondered how many agents he must have already encountered while doing his research.  I counted at least a dozen names on the list in his notebook.  Perhaps all of them asked for his business, but I bet that most of them didn't bother.

I have never been one to consider us as glorified order takers in the real estate business, although those people certainly exist.  I add value to the transaction, either by providing information or perspective that the buyer or seller would not have, or via negotiations, which have become one of my strengths over the years. 

So, don't be shy with potential clients.  Ask for the business!  Sometimes, you might actually get it.

 

Copyright 2008  Austin Homes

 

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If you're looking for a home in the Austin area, you can also visit my primary Austin real estate website at www.austintexashomes.com.  If you're interested in social media training, visit 210 Consulting. Thanks!

Comments

Jason - yet another lesson in "Doing it Right". Thanks for commenting on my blog of that title earlier today and congratulations to you for going that extra mile and gaining the deserved reward.
Posted by Simon Conway (Orlando Area Real Estate Services) over 4 years ago
The worst you hear is no when you ask.  And will will most likely learn where you stand.
Posted by Epcon Communities Epcon Columbia (Epcon Columbia, SC) over 4 years ago
Jason, I have found that the most powerful question I can ask a buyer that calls on one of my listings is "Are there other homes in the area you would like to see at the same time?".  I've already determined that they don't have an agent, and lots of first time home buyers don't realize that they don't have to drive around and call the name on every for sale sign!  I've scheduled several appointments in the last few weeks with that one simple question.
Posted by Lisa Heindel, New Orleans Real Estate Broker (Crescent City Living LLC) over 4 years ago

Yes Simon!  Doing it right! That's the ticket to success!  Keep up that great work and the rewards will always come to you !  Thanks.

Tom Davis - A Delaware Real Estate Agent Serving Delaware Home For Sale Realty - Active Rain Blogger

Posted by FREE Delaware Homes Search!, $$ Save $$ Find Homes! Delaware Realtor Tom Davis (Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today !) over 4 years ago
I like this post. You are absolutely right... what do you have to lose?  I think we can miss out good opportunities by missing a simple thing as simple as mentioning that we want to work with and for the person.
Posted by Huntsville Alabama Real Estate Agent, Kimberly Grant (Exit Leon Crawford Realty) over 4 years ago
Funny how a simple offer of your services can be accepted, isn't it?  We usually have a head full of reasons as to why they won't want to (don't want a pushy agent, want to deal only with lister, would already have an agent if looking for one, etc), but you never get if you don't ask.  I like the way you were able to demonstrate your value merely by striving to accommodate their busy lives.  Sad to say, but not all agents would.  Congratulations on this new potential business, Jason.
Posted by Paul Slaybaugh, Scottsdale AZ Real Estate (Realty Executives) over 4 years ago

Jason:

That is great. You are right. Sometimes we need to just ask.

Posted by Alan in Austin Kirkpatrick (Austin Texas Homes) over 4 years ago
Jason - I have showed my own listing to a potential buyer and ended up selling the home next door to my listing instead because it was a little different and they liked it better.  So it does happen and it is nice to pick up a new buyer when you don't expect it.
Posted by Stella Barbour - Principal Broker Serving Virginia and Maryland (NoVa Brokers LLC) over 4 years ago
Excellent post Jason! I guess some people just take it for granted that because they are speaking to a client the client knows when to say, "Okay, I choose you - let's buy something!" Maybe it's fear of having to play a little psychological chess to get the client to feel comfortable and ready to commit.
Posted by Ken Cook, Web Dev, Brand Strategist 678-439-8683 over 4 years ago

I think this is simply the way you handle it. I have seen people vyiing for the business, but losing any interest if it wasn't entirely their way.

I have noticed that long ago, and often do tell them that I would love to answer their questiojns, or do something without actually making them feel that I demand something in return. Usually people feel that very well, and they are eager to give you their business.

Maybe it is seeing beyond the customer's wallet.

Posted by Jon Zolsky, Daytona Beach, FL. FunCoast Realty, 386-405-4408 over 4 years ago

I agree, we all have to learn how to ask for the business, and as demonstrated by your post, we all have different ways of doing so.  Some are more direct than others, but the point is, find what works for you and do it!  Great post!

Posted by Ryan Hukill - Edmond Realtor® (ShowMeOKC Team of Paradigm AdvantEdge) over 4 years ago

Jason, I think it's more about his liking you and your non-pushy personality. People are very turned off by that you know! ;-)

Pepper

Posted by Teri Ellis at Homes Arizona Real Estate LLC over 4 years ago
It is amazing how many agents don't ask for business. Way to be available Jason! Why waste time with lookers if you aren't trying to get them as clients.
Posted by Todd Jones (Weichert Realtors - Hibble & Associates) over 4 years ago
Jason: It's amazing what a little customer service does for your business.  Do you have buyers sign a buyer broker agreement?
Posted by Roberta LaRocca REALTOR® Las Vegas Broker Salesperson Property Management (Encore Realty Group - EncoreRealtyGp.com) over 4 years ago

SIMON - Thanks for your kind comment.  It really wasn't a big deal, which was part of what made it a bit surprising.  Have a great week!

EPCON - I agree.  "No" is not typically physically painful, so we shouldn't be too afraid to hear it occasionally.

LISA - Thanks for sharing your wonderful tip.  You should write a post about that, too!  Great job!

TOM - Thanks for your enthusiastic comments.  Have a good one -

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago

KIMBERLY - It's as simple as that.  Thanks for stopping by to check this one out!

PAUL - I don't know if you remember my "rookie enthusiasm" post, but part of my vow was to demonstrate why they would want to work with me and only me.  This time, it appears to have worked. 

 

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Jason- no doubt you would win this buyer over! you are professional and likable...it's just who you are. I like your no pressure approach and selling your skills and personality. Give lots of service, information and allow the buyer to see you at your best. Being the expert is key..and your presentation will pull it all together! Good for you and good luck finding the best home for your new clients!! Congrats!! Great post, of course always.
Posted by Gilbert Arizona Real Estate - REALTOR® Candace Robinson Broker Associate (HomeSmart ) over 4 years ago
Hi Jason!  Hope you are having a wonderful New Year!  Thank you for sharing your experience.  Sometimes we make it harder than it has to be.  When a client is at ease, rapport comes easily.  Thank you for the reminder.
Posted by Kathleen Vetrano: Vienna to Alexandria to Gainesville. We Never Stop Moving. (Coldwell Banker Residential Brokerage) over 4 years ago

ALAN - Glad you liked it.  It's all completely true!  We need to get together sometime soon.

STELLA - I have had this happen a few times myself.  Thanks for your comments!

KEN - Thanks for the compliment!  I got inspired to write this one while I was in the car on the way home this evening.  I agree with your point about "psychological chess" - that is probably a bit part of it.  Sometimes, directness can be refreshing for everyone involved.

JON - I like your comment about looking past the customer's wallet.  When we see them as real people with a real need, we are more likely to respond correctly.

RYAN - This is true.  It is important to find your own unique sales style and use it.  Thanks!

TERI - Perhaps you're on to something here.  I am pretty likeable - right?

TODD - Thanks for your comments.  I agree with you - it is astounding how many agents simply forget to ask for the business or do it in a clumsy manner.

ROBERTA - I don't use the agreements myself, but I did write a post awhile back about how to implement them:  How to Present and Use Buyer's Representation Agreements.  I hope you find this helpful, or at least interesting.

CANDI - Thanks so much for your enthusiastic comments!  I appreciate them very much.  You're a great friend.  As you said, availability, service, and info are three of the big keys to success in our business. 

KATHLEEN - I hope you're also having a great 2008!  As you mentioned, when our clients are relaxed, things simply go smoother.  Take care -

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Jason - All those agents in that book! None of them even called him back much less asked him for his business! Katerina
Posted by Nestor & Katerina Gasset Realtors® Wellington Florida Homes For Sale (International Properties and Investments LLC) over 4 years ago
KATERINA - I can virtually guarantee that the majority of them never even brought it up.  Amazing!
Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Jason, thanks for sharing this "in the field" experience.  I suspect that most people work with someone they LIKE.  You made a connection.
Posted by Dan Forbes over 4 years ago
Hi Jason - Great work. I will always ask myself as well. I don't want to waste a lot of time with a buyer if they are not going to work with me exclusively. I do most of my work with sellers anywaya. I think in Real Estate often times it is about personality matches. I am much like you in that I don't ever pressure anybody but will ask.
Posted by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) over 4 years ago
Jason -- sound advice and suprising how many agents DON'T ASK.  What's the old axiom?  Ask & You Shall Receive!  Good work! ~Julie
Posted by Julie Escobar (ProspectsPLUS!) over 4 years ago
I would absolutely love an opportunity like this to happen!  People need to know we want their business.  Like you, I'm not pushy, and believe it or not, I'm a little shy.  You'll be sitting on my shoulder the next time I have a remote chance of asking for business! Ask, Nat, ask!
Posted by Natalie Langford, Winchester, VA Real Estate (Realty Negotiations) over 4 years ago
Jason you are so right!  I work with many 1st Time Home Buyers and you'd be amazed about the stories I hear how poorly they were treated by other agents.  I even have a personal experience to share..... but I smell a post coming about that one!
Posted by James Downing - REALTOR®,GRI, ABR - DC Real Estate (Coldwell Banker Residential Brokerage) over 4 years ago
Jason, it baffles me why people do not ask for the business. Great story here though, but really, who could not like Jason Crouch?
Posted by Danny Thornton (R & D Management) over 4 years ago

Jason,

Such an easy observation, but so many don't ask for the business.  Since we give good service, why would we allow them to get stuck with someone else who won't do a good job for them.  Of course we have to ask.  Ask him why he chose you and if the other ten even asked.  Then you can post it for us too.

List and Sell (with service, responsiveness and ask)  Gary @ RentonHomeFinder

Posted by Gary McNinch Realtor Renton WA Real Estate (Keller Williams SES Renton ) over 4 years ago

When we were going through the process of finding our first home a few years ago, I contacted several agents from listings I found online through Realtor.com that we were interested in.  I was overwhelmingly surprised that the majority of the agents either did not even bother to return my call or simply gave me the general information I requested without going  any further than that.  When I specifically asked about getting in to see the house, I received many comments such as "the Open House is going to be on...."  It was very frustrating and disheartening for a first-time home buyer.  The caliber of clients that I typically work with don't do business this way so I was unprepared on how to deal with these agents.  Not one of them actually asked me whether or not we were pre-approved (which we were) or if we needed a realtor (which we did).  I eventually went to HomeGain.com to find a realtor.  I never would have gone that route if just one of the realtors I contacted had simply said, "How can I help you find a home?"  So kudos to you for taking the small step of ASKING for the client!

~Renae - Market 4 Real!

Posted by Renae Bolton ~ Marketing 4 Realtors (Marketing 4 Realtors) over 4 years ago

Jason,  I've always believed that "It never hurts to ask.  The worst they can do is say no."  I have recently had to pass this on (again) to my son concerning school work and teachers.  Thankfully, the teacher said yes and my son is happy he did ask.  Now he hopes the grade proves out for the extra work he had to do.  Thanks for the good reminder.

Posted by McHugh Realtors over 4 years ago

This should have been featured. This is exactly my style and believe it or not, being candid with people about why a property may NOT be right for them brings a huge payoff. They learn instantly that they can trust you. The truth is, once that happens, you don't even need to ask for their business. They're yours! 

Great post!! 

Posted by Real Estate Broker * Jennifer Monroe * over 4 years ago

Jason,

So true.......you likely received this new business because you gave first.  Approaching a prospect from a position of contribution is such a great way to demonstrate you care and immediately develop a trust based relationship.  Good for you!!

It still amazes me how many agents wait for business to come to them and focus on what's in it for them instead of how they can help their prospect achieve their goals.

 

Posted by David Brodsky (Keller Williams Realty) over 4 years ago
I am with you all the way on this one. You have to ask for the business. And when that deal closes, you have to ask for referrals! If you have done a good and ethical job most clients realize this and have no problem referring their friends and family. If you have been less than ethical (not you personally Jason) then please leave the industry now as the damage you have done to one client will be multiplied exponentially as they spread the word about you (again, not you personally Jason). Great post!
Posted by Rich Dansereau (Positive Real Estate Professionals) over 4 years ago
So right! You absolutely have to ask for the business. Often times people wait for you to ask!
Posted by Darryl Glade ~ New Orleans Real Estate (RE/MAX N.O. Properties) over 4 years ago
JASON - It's amazing how similar we are in our approach with buyers.  Upon first contact, I always make them aware that I can show them any homes that are on the market.  For some reason, a number of buyers think that they have to go through the office that has the listing.  Glad to see that you got the business.
Posted by Adam Waldman - Long Island REALTOR® (Westcott Group Real Estate Company) over 4 years ago

Excellent point, Jason.  You just never know until you ask, right? Glad to see you have learned this at a young age!!

Kathy

Posted by Kathy Riggle Houston Home Staging-STAGING SMART NSOLD (STAGING SMART N SOLD) over 4 years ago
You are so right if you don't ask they can't say yes!
Posted by Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert) (Knipe Realty) over 4 years ago

Jason, Sometimes they are just waiting to see if you want their business. Good for you for asking.

Bill Roberts

Posted by Bill Roberts - "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 4 years ago
BILL - Absolutely.  It turns out this guy bought my listing after all.  We are supposed to close later this month.
Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago

Jason-  I just recently subscribed to your blog, and in the process of looking through your past postings, I came across this one.  I approach inquiries from potential buyers in a similar way, and most of the time, it really does turn into a loyal client/customer.  I think that one of the good points that you made in this was that you had built a good rapport with the buyer.  Thank you again for sharing your insight and experience!  I always learn something from your posts!

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