Chapter 5 | PREREQUISITES OF THE POWER PROCESS Flashcards

1
Q

Why do people buy?

A
  1. It’s the right price.

2. It’s what we need.

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2
Q

Enthusiasm

A

IASM = I Am Sold Myself

  1. Believe in what you sell.
  2. Believe your prospect will profit by it.
  3. Believe in the firm you represent.
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3
Q

Fear

A

It will sabotage your success.

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4
Q

Buyers remorse in advance

A
  • I’m just looking.
  • I need to think it over.
  • I need to discuss this with my banker, accountant, attorney, or family.
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5
Q

When you fear rejection.

A

Tell yourself that fear is nothing more than preparation energy that is getting you ready to perform.

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6
Q

Conquering Fear

A
  1. Don’t take rejection personally.
  2. Expect rejection.
  3. Confront your fears.
  4. Overcome buying fears. (Don’t let them scare you -> they are potential buyers.
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7
Q

Hesitant Buyers

A
  • Do you have any additional information?
  • We’re in the initial stage, just beginning to look.
  • We need to see one more home. (or) What else is available?
  • We need to think it over.
  • We must check with our advisers first.
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8
Q

How do you overcome indecision and procrastination?

A

Urgency

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9
Q

Urgency Surrounds You

A
  • One of a Kind
  • Increase in Property Values
  • Possession Dates and Scheduling
  • Production Schedules
  • Selling from Strength
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10
Q

Take-Away Close

A

Fear of loss

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