Check out our latest blogs below!
How to Handle Commission Objections: Why Sellers Need an Expert Who Won’t Compromise on Value
When selling their home, one of the most important decisions sellers make is who to trust with the job. Some potential sellers may feel tempted to ask agents to reduce their commission, thinking this will save them money. But here’s a key question agents should discuss with their clients: Why would you want to work with someone who couldn’t even negotiate their own value effectively? If an agent isn't confident in the value they bring to the table, how can they confidently secure the best deal for you?
The Value of Negotiation Skills: Winning the Best Deal
Negotiation is a fundamental skill in real estate. It can make the difference between getting a fair offer and achieving the best possible outcome. By hiring an agent who’s skilled and experienced in negotiation, clients often end up with higher net proceeds. Studies support this: sellers using a real estate agent typically sell their homes for up to 6-10% more than those who go the “for sale by owner” (FSBO) route, even after accounting for commissions. Why? Because experienced agents know how to highlight a home’s value, manage buyer expectations, and negotiate terms that maximize profit.
"Get What You Pay For" - Why Experience Counts in Real Estate
As the saying goes, you get what you pay for. While cutting corners might seem cost-effective upfront, it often leads to missed opportunities or lower offers. Working with a professional agent means sellers have someone dedicated to showcasing the home’s best features, analyzing local market data, and drawing in qualified buyers—all crucial for getting top dollar.
Consider the example of a luxury item, such as a watch or a car. While a cheaper version might serve its basic purpose, a high-quality model offers a far superior experience, reliability, and lasting value. Similarly, an experienced real estate agent offers a deeper level of expertise, access to resources, and a commitment to getting results that a lower-commissioned or discount agent may not be able to match.
The Power of Marketing and Exposure
Effective marketing and exposure are key to attracting serious buyers, and a professional agent has the tools to reach a wider audience. Experienced agents have access to extensive networks, strategic online and offline marketing methods, and knowledge of where and how to present your home for maximum impact. In contrast, when an agent lacks experience or confidence in their value, marketing often takes a back seat. In the end, this means fewer buyers see the home, leading to lower offers and potentially a longer time on the market.
A Conversation with Clients: Explaining the "Get What You Pay For" Philosophy
Here’s how to approach this with clients:
1. Frame the Value of Expertise – “When it comes to selling your home, experience truly matters. A skilled agent doesn’t just list your property; they strategically position it, negotiate top dollar, and represent your best interests at every step.”
2. Compare to Familiar Examples – “Just like you’d want a qualified lawyer for a court case or a skilled surgeon for an operation, selling your home is no different. Cutting corners on commission is like opting for the least expensive option; it can cost you much more in the end.”
3. Point Out the ROI – “Sellers using a professional agent often achieve higher sale prices, which can offset any commission investment. My role is to make sure we secure the strongest return on your investment.”
Choosing an agent should be about getting the highest level of service, not the lowest price. By presenting this perspective to potential clients, agents can help them understand that investing in a skilled professional not only takes the stress out of selling but also provides a valuable return. When your clients understand this, they’ll see the value in partnering with you—an expert who’ll help them get the results they deserve.
Sign Up for Our Newsletter! Click here
Jenny Carlson at Streamline Marketing Pro has been an absolute game-changer for my real estate business! Jenny's expertise, attention to detail, and dedication have made every process seamless and efficient. Her innovative strategies have significantly boosted my online presence and client engagement. I highly recommend Jenny to anyone looking for top-notch real estate marketing support!
The StreamLine Marketing Pro team are fantastic at what they do! I can't wait to see all the exciting new features and services headed my way. Finally a company that doesn't charge hundreds a month to get what I need!
Five stars does not give Jenny Carlson and the StreamLine Team justice. Jenny is one of the best in the industry. She is skilled at her craft and the real cherry on top is her servant’s heart. Jenny strives to see others shine. She is extremely driven, dedicated, and will go above and beyond to provide exceptional service. With Jenny on your side your business cannot help but flourish.
Email: [email protected]
Coverage Area
United States
Assistance Hours
Mon – Fri 9:00am – 6:00pm Central
Sat-Sun – CLOSED
Phone Number:
903-231-3410
Keep moving forward!
© 2024 StreamLine Marketing Pro - All Rights Reserved.