Friday, August 6, 2010

Earning Buyer Loyalty

It’s easy for someone buying a home to try out the bevy of online sources for apartments. With so much information at their fingertips, prospective buyers usually head to their computers to explore options before signing on with a broker.

No longer gatekeepers of information nor apartment searches, brokers must now - more than ever - adjust their strategy to become trusted advisers or real estate consultants. That starts with establishing trust with your client. There are plenty of agents out there so it’s imperative to differentiate yourself as a trustworthy and experienced source.

The first step is to prepare a well thought personal biography and company summary to showcase. This includes but is not limited to: self and company press clippings, successful similar listings and closings, samples of comparative properties in the area and real-time market reports.

Demonstrating your skill set and ability to save the buyer time and money is the next step. The best way to do this is to speak about past success stories. Providing examples of how your service was beneficial to a customer is essential to establishing your expertise and attracting new clients.

Finally, educating the potential buyer on the many steps of the home buying process is another way to gain trust. “Has anyone ever showed you exactly what your monthly charges would be? Has anyone ever showed you how much you’re actually saving in taxes? Is there value in this for you? I can give you all these answers and more for any property you are interested in.”

Once all these steps are in place, it’s time to request loyalty and explain that you’ll be there for the long haul. Remember, your value isn’t in finding apartments for the buyer, it’s as a trusted advisor.


We’ll see you home.

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