Course Objectives:
This course provides an understanding of the fundamental requirements associated with selling of all types of real estate , including: residential, commercial, Resale..etc.
It will outline the distinct differences in the approaches taken sales when selling specific types of properties. ways to develop your sales career, how to model success, skills needed for residential / commercial real estate professionals, how to speak the real estate/investment/commercial languages , understand investment ratios, run sales calls professionally , manage business meeting efficiently/ effectively, develop customers need recognition, know how to match product values to customer needs, improve your negotiation skills, master the psychology of handling objection/closing
Modules
Module 1 Real Estate Investment:
- Investment Ratios:
- Capitalization Rate
- Payback Period
- Equity Buildup
- Price Appreciation
- Return on Investment (ROI)
- Return on Equity (ROE)
- Internal rate of return (IRR)
- Leverage
- Net present value (NPV)
- Active Vs passive Investment
- Long term vs Short term investment
- Investor Vs End user
- Strategies to sell property as investment product
Module 2 Real Estate Sales Calls Engagement:
- Effective Call Opening Strategies
- Understanding the Sales Cycle for both Direct and Indirect Sales
- Building and Enhancing Personal Branding
- Leveraging LinkedIn for Prospecting
- Key Success Factors in Prospecting (both Direct and Indirect)
- Essential Prospecting Tools
- Techniques for Telephone Sales
- Strategies for Setting Your Offering Apart Over the Phone
- The Significance of Follow-Up in Closing Deals
- Metrics for Evaluating Successful Sales Calls
Module 3 Meeting, Showing, Negotiation and Communication Strategies/Skills:
- Business meetings protocols
- Meeting Etiquettes,
- Appropriate meeting structure
- Steps for successful sales meetings
- Showing Preparation
- Real Estate Negotiation skills
- Reading Customer Personalities
- How to be persuasive
- Negotiation Strategies
- Communication Strategies
Module 4 Handling Objection and Closing:
- Objections Handling Techniques
- Unique selling propositions (USPs) development
- Psychology of closing
- SPIN techniques
- KASH closing technique
- 10 Closing Strategies