We’ve all been here…You’re talking with a prospect. You’ve explained how you can help them buy or sell their house, and you’ve shown them what you bring to the table as an agent. Then comes the objection:
“I’m just waiting.”
“I’m not sure this is the right time.”
“I want to think about it.”
What do you do next? If you’re like many other real estate agents out there, you might rush to try to educate, persuade, or defend your position. But here’s the truth: sales objections are not always a request for more information, and they are typically not an invitation to try and change the prospect’s mind on something. In fact, they are often the complete opposite of that.
When a prospect objects to a salesperson, they have weighed their options, considered factors and elements, and come up with a decision. That decision is the “objection” we salespeople hear. But the prospect is not asking for more information most of the time… they don’t think they need or want it—they’ve made their decision.
If your goal is lead conversion, then the question is, how do you get past a decision that they’ve already made?
Why the Old School View of Real Estate Objections Fails
Traditional real estate training and lead conversion tactics often tell you that when a prospect objects, you simply need to provide more information to overcome it and close the deal. The problem is that a pushy strategy is more likely to create resistance instead of connection, and the person you’re speaking with will just dig in their heels. Here’s why:
- Jumping in with “Yes, but…” can invalidate the person’s perspective, which damages trust and rapport.
- Most of the time, modern buyers and sellers are already pretty informed. They may have researched market conditions, pricing trends, and agents online. They don’t need more facts; they need confidence and alignment.
- Assuming the objection is a call for more education overlooks what is really happening: the prospect has already formed an opinion based on their own reasoning and assumptions.
What’s Really Happening When a Prospect Objects
Instead of assuming an objection means, “I need more information,” or, “I want you to convince me my current opinion is wrong,” consider what they have already concluded. In most real estate conversations, objections stem from a decision making process that has already taken place in the prospect’s mind.
- The objection exists; you didn’t create it. It may come from fear, timing concerns, budget uncertainty, or a previous negative experience.
- When you present your value, the prospect filters what they hear through their own lens. They ask themselves, “Will I lose money if I list now?” or “Will the market drop after I buy?” or “Will I feel pressured if I hire this agent?”
- If they say, “I’m just watching the market” or “I’ll wait,” it often means, “I’ve already decided not to move forward right now.”
How to Handle Objections and Maximize Your Lead Conversion Numbers
If your goal is to improve your lead conversion, set more appointments, and nurture relationships that will turn into closings, then you first you have to get past the prospect’s objections. There are three steps you can follow to build better trust and create the foundation for a long term relationship:
- Let the objection surface – Like I said, the objection already exists. Instead of trying to hide it, shine a light on it. Allow the prospect to share their reasoning, and you will learn more about their hesitation and goals.
- Ask better questions – Your goal is not to convince. It is to understand. When you encounter an objection, shift from “telling” to “discovering.” Ask questions that reveal their thoughts and valuable information about motivation, timing, and mindset.
- Offer options, not pressure – Once you understand the reasoning behind an objection, provide pathways that support the prospect’s goals instead of forcing a quick decision. This approach will transform you from a salesperson into a trusted advisor.
Don’t Let Objections Drag Down Your Lead Conversion Numbers Any Longer
At Smart Sales Coaching, we offer training designed to create unbreakable confidence to take on every lead source and set 2x or 3x the number of great buyer and seller appointments per week. After 12 weeks in our Conversion University Agent Bootcamp program, you’ll be overcoming the toughest objections and closing 1-2 additional deals per month.
If you want to know more about it, schedule a time to meet with our team here: https://calendly.com/sis-sales/bootcamp-solo