Overcome Tough "I'm Waiting" Real Estate Objections - Smart Sales Coaching
calendar November 27, 2024

In the fast moving world of real estate, agents frequently encounter potential clients who are seemingly stuck in a holding pattern, and who hit them with the all-too-familiar phrase, “I’m just waiting.” Typically representing a mix of uncertainty, fear, and indecision, those few words can be one of the most difficult real estate objections to overcome. But they don’t have to stop you in your tracks. The ability to navigate these “waiting” objections requires more than just sales tactics—it demands empathy, strategic communication, and a genuine commitment to understanding the client’s unique circumstances and underlying motivations.

Acknowledge and Listen before Tackling these Real Estate Objections

The first critical step in addressing a client’s “I’m just waiting” objection (and really, all real estate objections) is to truly listen and demonstrate understanding. When a client expresses hesitation, an effective real estate agent focuses on hearing the context of their statement. This means giving the client full attention, showing genuine interest in their perspective, and responding to what they’re actually saying, instead of just sticking to a memorized script. The goal is to create a space where the client feels heard and validated.

Paraphrase without Interpretation

After listening carefully, the agent should restate the client’s concerns using neutral, non-leading language. For example, if a client says, “I’m just waiting to see what happens with the market,” the agent might respond, “So you’re taking a careful approach and want to gather more information before making a decision.” This paraphrasing technique accomplishes two things: it confirms that the agent understood correctly and shows the client that they are being taken seriously.

Inquire into Perspective, Process, and Outcome

This part of handling real estate objections is the investigative stage where agents dig deep into the client’s thought process. Effective questioning helps uncover the real motivations behind waiting. Agents should ask probing questions such as:

  • “What specific market conditions are you watching?”
  • “What needs to change for you to feel comfortable moving forward?”
  • “Can you walk me through what you hope to achieve by waiting?”
  • “What’s the ideal outcome you’re seeking in your real estate journey?”

These questions help reveal the underlying concerns, fears, or misconceptions that are driving the client’s hesitation and leading them to think that waiting is the best choice.

Determine the Unique Benefit or Desired Result

Once the agent has gathered comprehensive information, the focus shifts to understanding the client’s ultimate goal. Every client has a unique set of circumstances and desired outcomes. Some might be waiting due to financial concerns, others might fear market volatility, and some may simply feel overwhelmed by the process. By identifying the specific benefit that the client hopes to achieve, agents can tailor their approach to directly address those concerns.

Market Education and Strategic Insights

With a clear understanding of the client’s perspective, agents can now provide targeted information that is aimed at clarifying why it might not be the best idea to wait before buying or selling a home. This part of handling waiting real estate objections may include:

  • Sharing recent local market trends
  • Explaining potential risks of prolonged waiting
  • Demonstrating how current conditions might impact their specific goals
  • Offering personalized scenarios that illustrate potential outcomes

 Crafting a Personalized Action Plan

Based on the client’s unique perspective and desired outcome, agents can develop a customized strategy. This plan should:

  • Break down the home buying/selling process into manageable steps
  • Address specific concerns raised during the inquiry phase
  • Provide a clear, low-pressure pathway forward
  • Offer flexible options that align with the client’s comfort level

 Close or Continue Conversation

The final step depends on the client’s response to the previous stages. If the client’s concerns have been sufficiently addressed and they show interest, the agent can suggest the next logical step, such as a property viewing, appointment, or detailed market analysis. If additional objections arise, the agent returns to the inquiry stage, continuing to build trust and understanding. Either way, you move the conversation past the objection.

 Maintaining Connection

Whether an immediate sale happens or not, maintaining a relationship is crucial. Agents should:

  • Stay in regular, non-intrusive contact
  • Send relevant market updates
  • Offer continued support and resources
  • Position themselves as a trusted advisor, not just a salesperson

The key to overcoming the “I’m just waiting” objection and other real estate objections is not about pushing a sale, but about understanding the client’s unique journey, addressing their specific concerns, and providing value-driven guidance that helps them feel confident in their real estate decisions.

If you’re failing to overcome tough real estate objections and are having trouble on your calls, it can be difficult to pinpoint where exactly you are falling short. That’s why we’ve created the Core 4 assessment. Completed over Zoom with one of our professional sales trainers, this assessment tests where you’re at with the four key real estate agent skills and is completely FREE.

In addition to showing you how well you’re hitting each of the four sales skills, you’ll also receive actionable tips to work on and improve each one, so you can start converting more leads, no matter where they come from.

Click here to learn more about the Core 4 assessment.

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