It’s Sunday afternoon and the Phillies game approaches the top of the ninth inning. You, the professional Realtor, look at your watch and notice it’s 3:40PM. You’ll be locking up the door, uprooting the signs and heading home after a long afternoon at a particularly slow open house. You can almost smell the dinner your loving spouse has prepared.
A couple walks in to the home and tells you that they are just in Philadelphia for the weekend. Dad’s finishing up his final negotiation for the new job and Mom’s trying to figure out if the kiddies will adapt to Philly.
They toured open houses all weekend. They need a Realtor with whom they connect. Mom announces that YOU are the perfect Realtor for them while the Phillies put away the Dodgers in the background. One catch… they REALLY want to see a home across town but it wasn’t open today.
“Will you represent them?” they ask.
You explain that your policy is pre-qualified buyers with a Buyers’ Brokerage Agreement.
“No problem !” they exclaim.
You dial your favorite lender while Mom and Dad review and sign the BBA. No lender answers your call.
Do you load them up into your SUV and show them properties?
You CAN pre-qualify that buyer in about five minutes; you just need to know what to ask. Seven Realtors from Active Rain gathered today to listen to my 20 minute presentation about “How Realtors Can Pre-Qualify a Buyer”
In this 20-minute podcast, I reveal:
1- How to talk about money without sounding intrusive.
2- The “Three C’s of Lending”
3- The one question that separates the buyers from the wannabes.
4- Red flags that require a conversation with a lender
5- Green flags that signify that a loan is imminent.
Download it to your iPod and get prepared for next Sunday afternoon (or just listen to it here).