Initial Call Back Script
From Real Estate Investor Cookbook
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The following script is used when we are taking a Motivated Seller call live or when we call a Motivated Seller back for the first time.
As you ask the questions below, fill out the Property Information Sheet.
- How did you hear about us?
- What is the address of the property?
- What subdivision is that in?
- Where is your house by?
- We are looking for an answer like "two streets behind WalMart" or "two blocks from the hospital"
- Who is on Title for the house? Who is the official owner?
- What is a good phone to reach you at? Is that your home phone?
- What is your work number?
- Do you have a cell phone?
- What is your e-mail address? BE SURE TO GET THIS!
- Is the mailing address the same as the house address?
- Who is living there now?
- When do you want to move out?
- Where are you moving to?
- If I were to send an appraiser out to the house today, what do you think it would be worth?
- How did you come up with that value?
- We are looking for an answer like: "had it appraised last month" or "real estate agent did comps" or "house across the street just like this sold for that amount last month"
- What did you buy the house for?
- When did you buy the house?
- Is the house in perfect shape or does it need a little work? What does it need?
- How about the carpet? Does that need any work?
- Does it need any paint?
- Have you made any recent repairs?
- Any other repairs?
- What is the style of the house?
- How many square feet?
- How many square feet is the basement (if it has one)?
- Is the whole basement finished or just a part? How many square feet is finished?
- How big or many acres is the lot?
- How many bedrooms does the house have?
- How many bathrooms does the house have?
- Does the house have a garage? How many cars? Detached or attached?
- Any outdoor buildings like a shed or workshop?
- Is the house zoned residential or does it have special zoning?
- What were the taxes on the property last year?
- What year was the amount of tax for? This year? Last year?
- What school district is that house in?
- Is that on city water or do you have a well?
- Are you on city sewer or something else?
- Is the house currently listed with a real estate agent?
- If so:
- How long has it been listed?
- What date does your listing end?
- What price do you have it listed for with the agent's fee included?
- What did you start the price at?
- Can you cancel the listing with the real estate agent?
- Do you have it listed as For Sale By Owner already?
- If so:
- How long has it been For Sale By Owner?
- What price are you trying to sell it For Sale By Owner?
- The CRITICAL PART OF THE SCRIPT:
- If I could close quickly and pay ALL CASH, what is the least you could consider?
- [WAIT FOR ANSWER]
- Is that the best you can do?
- [WAIT FOR ANSWER]
- Are you saying that if I do not pay [WHATEVER THEY JUST SAID] then we can't do business?
- [WAIT FOR ANSWER... If answer is "that's not what I am saying" then ask]
- Then, what IS the best you can do?
- [REPEAT LAST TWO QUESTIONS UNTIL YOU FIND OUT THE BEST CASH PRICE]
- How much cash do you need to get right away?
- What you are going to use that cash for?
- You know your house better than I do. Do you have any idea what the house would rent for if we bought it to rent it out to someone else?
- Do you have a mortgage on the property or do you own it Free And Clear? How much do you owe?
- It sounds like a great house. Why are you selling?
[edit] Initial Call Back Resources
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[edit] Script Resources
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