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VA Interview Cold Call Script

The document is a cold call script for a real estate agent reaching out to potential sellers about their property. It outlines a series of questions and responses to gauge interest in selling, discuss cash offers, and schedule follow-up communication. The script emphasizes the benefits of selling as-is with no closing costs or commissions involved.

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0% found this document useful (0 votes)
12 views2 pages

VA Interview Cold Call Script

The document is a cold call script for a real estate agent reaching out to potential sellers about their property. It outlines a series of questions and responses to gauge interest in selling, discuss cash offers, and schedule follow-up communication. The script emphasizes the benefits of selling as-is with no closing costs or commissions involved.

Uploaded by

gagemacalinao
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

VA Interview Cold Call Script

Hey John?

This is (YOUR NAME). I'm calling to see if there’s any chance you would open to a cash
offer for your property over at 1213 PEARSON ST ?

Have you any thoughts about selling it?

No : I’m sure you get flooded with these calls all the time before I let you go. Do you
happen to have any other properties or maybe vacant land you would consider a cash
offer instead?

YES Ok Great!... So let me tell you a little about how we work We do purchase
properties all Cash... we pay all your closing costs and there are no real estate
commission fees. We also buy it completely as-is so you don't have to put another cent
into the property…….So..considering all of this what price do you have in mind that is
acceptable to you?

Response:- you called me, what's your offer?

Ok I see, If its okay with you can I ask you a few quick questions to see if your property
qualifies for our cash offer program?

●​ Is this your cell phone number in case we get disconnected?


●​ Ok, great. Have you done any major remodeling in the last 5 years? because
We are looking for properties that may need some updating
●​ Is anyone currently living in the property?" (Owner, tenant, or vacant?)-
●​ (If rented) "Are the tenants on a month-to-month lease or a longer-term
lease? What’s the rent?
●​ Great- would a 30 to 45-day closing period be good for you- We typically can
close sooner but we always just like to ask.
●​ John, besides me randomly calling you what has you thinking about selling your
property?
●​ And lastly besides price are there any other factors that would stop you from
moving forward with us if we do agree on the price? We are serious cash buyers
so we always just like to know that once we make a deal we’re good to go!
Booking the Appointment

Okay, great! I'll make sure to pass this information along to the purchase manager so
we can get you a solid offer.

In the meantime, what I can do for you is check what we’re currently paying for
properties in your area. Does that sound fair?

After reviewing our recent purchases, it looks like we’re buying properties at
around $103,000-123,000. Would that price range work for you?

NO.. what price would work for you? I can share that with my purchase manager to see
if we can get you a stronger offer?

Just to be clear, this isn’t an official offer—I'm simply checking our current
pricing in your area. The purchase manager will reach out within 24 hours with a real
offer. When would be the best time for them to contact you?

Okay, great. Have a great day

Common questions

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Inquiring about seller readiness beyond price reveals non-financial factors that could influence decision-making, such as terms concerning timelines or conditions for transfer. Identifying these factors helps tailor the offer to better match seller priorities, thus potentially increasing the chances of a successful negotiation. Addressing these beforehand also demonstrates a genuine interest in meeting seller needs, thus enhancing trust and openness to negotiation .

The script uses affirming language and validates the seller's involvement by offering a provisional price range and an assurance of a follow-up with a competitive offer, keeping the dialogue active. It seeks mutual agreement on the timing for subsequent contact, which personalizes the interaction, thereby enhancing engagement. Such active communication creates a sense of progress and partnership, making sellers more likely to stay invested throughout the process .

Open-ended questions in the script, such as inquiries about any renovations or other reasons for selling, are highly effective in eliciting detailed responses that provide insights into both the property’s condition and the seller’s motivations. This information is crucial for crafting an appealing and competitive offer. Moreover, understanding factors beyond price that may influence the seller's decision helps in customizing the negotiation approach to align better with the seller's needs .

The script's approach of initially mentioning a typical price range, clarifying it as an unofficial estimate, and promising a follow-up with a customized offer influences perception by demonstrating transparency and an intention to tailor offers. This strategy builds trust by showing a commitment to fair pricing and signals that the buyer values the seller’s input, balancing the power dynamic and positioning the buyer as a partner rather than an aggressive negotiator .

Confirming the seller's contact information early ensures consistent communication throughout the negotiation process. It reduces the risk of losing the lead due to disconnections, facilitating follow-up interactions. By establishing a communication pathway, it also indicates to the seller that the buyer is organized and serious about the transaction, potentially increasing the seller's confidence in pursuing further discussions .

Understanding the property's current occupancy status allows the buyer to assess immediate complexities involved in the transaction, such as legal obligations to tenants or additional time needed for a vacant handover. Knowledge about whether the property is owner-occupied, tenanted, or vacant influences planning for possession timelines, which can be a critical factor in finalizing cash offers and closing deals efficiently .

The script demonstrates several negotiation strategies: maintaining politeness and patience, addressing common objections such as call fatigue by acknowledging the frequent influx of similar calls, and offering value propositions like covering closing costs and purchasing properties as-is. It further employs probing questions to uncover the seller's motivations for selling. By asking about an acceptable price and other factors that may hinder the sale, it gathers vital information for ongoing negotiations. The call also assures the seller that they could receive a strong follow-up offer, thus keeping the seller engaged and open to negotiations .

Addressing seller convenience significantly enhances the chances of success by highlighting benefits such as covering closing costs, voiding commission fees, and purchasing the house as-is, which alleviates the seller's burden of additional expenses or repairs. Confirming aspects like a flexible closing period and favorable payment terms portray the transaction as low-effort and appealing, potentially swaying indecisive sellers towards acceptance .

Suggesting a 30 to 45-day closing period is strategic as it strikes a balance between offering a quick transaction, which appeals to sellers seeking rapid closure, and allowing both parties ample time for due diligence. This timeframe is generally sufficient for completing necessary legal and financial processes without imposing undue rush on the seller, thus maintaining goodwill and reducing the potential for errors or unforeseen issues .

Proposing an initial cash offer serves as a conversation starter that gauges the seller's interest in proceeding with a negotiation. By presenting benefits like covering all closing costs and purchasing as-is, it swiftly establishes the proposition as attractive. Additionally, highlighting recent purchase prices offers a realistic scope of potential offers, managing expectations and sparking dialogue on the seller's desired price point .

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