Effective Communication Practices Boosts Home Buyer Confidence

By
Services for Real Estate Pros with The DotLoop Company

Proper document management and electronic signatures increase efficiency in the home-buying

 process, but effective, one-to-one communication between agent and client remains of basic importance for selling real estate. People are naturally cautious about buying real estate because it’s typically the most important investment they’ll ever make. They need to feel confident, with a sense of trust in their Realtor® as they make the decision to become a homeowner. The key to gaining this special type of trust comes from good interpersonal communication

 

Here are some tips to communicate with potential clients to help them feel comfortable about buying real estate:

 

Be credible- Every property is unique. It’s up to the agent to do as much research about each property as possible.  Clients will have serious questions about what they’re buying and a knowledgeable, thorough agent builds trust among buyers –building great references in the community as well.

 

Be patient and listen- If the client wants to talk, actively listen to their questions and concerns. Rather than immediately responding, absorb what they’ve said and try to empathize with their position in the home-buying process. Once you think from another’s perspective, you can help them make more informed decisions as you have more of a vested interest in finding them the right home.

 

Ask clear, well-defined questions- You can’t effectively establish your clients’ needs unless you ask them about their specifications. You’re questions should be very easy to understand, with very clear intentions. Be patient with clients new to the home-buying process and thoroughly explain what information you need from them.

 

Turn down your phone or mobile device- Switch your phone or mobile device to its silent setting and never answer it when meeting with potential clients; unless it’s an absolute emergency. This only shows that you’re placing less importance on a client’s time than your own; exactly what you don’t want when establishing a sincere relationship built on mutual respect. While you have other potential clients, you only have one right in front of you.

 

While these tips are applicable to real estate transactions, they also apply in everyday life.  Without effective communication, life can be very frustrating.  With all of the work that goes into the purchase and sale of a home, it would behoove an agent to consciously employ these practices in every transaction to increase customer satisfaction and their overall business.  

 

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transaction management
communication
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Rainmaker
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Phil Leng
Phil Leng Team - Residential Real Estate Experts &
Keller Williams Eastside Market Center

Thanks Dot Loop,

You write good posts for being a large company.

It would still be nice to have a name to respond to

Phil

April 19, 2011 09:52 AM
Rainmaker
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DotLoop Company
The DotLoop Company

Thank you Phil,

 

Well we have a few contributors for our posts which is why there is variance in topics.  My name is Mike Krebs and I oversee the blog for DotLoop.  We're really appreciate you're feedback on the blogs and hope you keep reading them.  

Thank you,

Mike Krebs wth DotLoop

April 19, 2011 12:13 PM
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Rainmaker
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