{"id":2335,"date":"2022-11-10T13:42:13","date_gmt":"2022-11-10T13:42:13","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2022\/11\/10\/how-to-handle-frustrated-buyers-of-real-estate\/"},"modified":"2025-03-13T02:38:09","modified_gmt":"2025-03-13T02:38:09","slug":"how-to-handle-frustrated-buyers-of-real-estate","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2022\/11\/10\/how-to-handle-frustrated-buyers-of-real-estate\/","title":{"rendered":"Ninja Selling&#8217;s Larry Kendall on handling frustrated buyers"},"content":{"rendered":"\n<p><em>What do you say to frustrated buyers? Nothing, you just ask good questions.<\/em><\/p>\n\n\n\n<p>Have you ever struggled to make an important decision \u2013 fearful that you\u2019ll make a mistake? Many home buyers are facing these struggles and fears in <a href=\"https:\/\/preprod.realtrends.com\/blog\/increase-buyer-confidence-multiple-offer-situations\/\" target=\"_blank\" rel=\"noreferrer noopener\">today\u2019s market<\/a>. What if I don\u2019t pay enough and lose the house? What if I get the house but pay too much?<\/p>\n\n\n\n<p>At a recent <a href=\"https:\/\/ninjaselling.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ninja Installation<\/a>, a Ninja from Austin, Texas asked what she should say to frustrated buyers. The buyer is an engineer (perfectionist) and builds spreadsheets to analyze what he should pay for a house. <\/p>\n\n\n\n<p>\u201cHe\u2019s lost out on so many houses that I quit counting after 12 offers,\u201d she said. \u201cAt last, we\u2019re in the top three contracts, and the listing agent told us to make our best and final offer. The buyer is a little over $1 million and is convinced he\u2019s offering top dollar based on his spreadsheet. I believe it will take at least $1.1 million for him to have a chance to buy this house. What should I say to him?\u201d<\/p>\n\n\n\n<p>My response was, &#8216;As a Ninja, you don\u2019t say anything. You ask good questions. I recommend a couple of sleep questions.&#8217; These questions will help you calm frustrated buyers. Here they are:<\/p>\n\n\n\n<p><strong>1. If you offer a little over $1 million and discover later that you could have owned this house for $1.1 million, will you be able to sleep at night?<\/strong><\/p>\n\n\n\n<p><strong>2. If you raise your offer to $1.1 million, and you win this house, will you be able to sleep at night?<\/strong><\/p>\n\n\n\n<p>The Ninja asked her <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/the-shift-larry-kendall-on-how-brokers-can-help-agents-navigate-market-changes\/\">frustrated buyer<\/a> the sleep questions that night after class. He went to $1.1 million and won the house! Most importantly, he\u2019s comfortable with his decision. What happened? These two questions moved the decision out of his conscious (spreadsheet) mind and into his non-conscious (feelings) mind. His non-conscious is a much higher-level processor. It\u2019s also where he determines his comfort level.<\/p>\n\n\n\n<p>Here&#8217;s the science. We are equipped with two high-level processors \u2013 our conscious and our non-conscious. Our conscious mind processes at 2,000 bits per second and runs in sequential mode. An example of sequential processing is language.<\/p>\n\n\n\n<p><br>It\u2019s step-by-step, one word after another. For this reason, it is difficult (some say impossible) to multi-task in sequential mode. Analytical thinking and spreadsheets are done consciously in sequential mode.<\/p>\n\n\n\n<p>Our non-conscious part of the brain processes at 400 billion bits per second and runs in simultaneous mode. It\u2019s processing massive amounts of data at the same time. For example, when we\u2019re asleep, our non-conscious brain is running all the processes to keep us alive \u2013 breathing, heart beating, body temperature control, etc. <\/p>\n\n\n\n<p>We do not have to think about this. Also, when we\u2019re asleep, it\u2019s processing our thoughts, experiences, and data collection. If it\u2019s concerned that we are making a mistake, it sends an alert by waking us up. Sometimes it\u2019s a small voice that speaks to us.<\/p>\n\n\n\n<p>Pay attention to the messages coming from your non-conscious. It will send you an alert if it feels you are in danger. Honor the small voice. Ask it for help if your conscious processor isn\u2019t providing the answers. <\/p>\n\n\n\n<p>Thomas Edison, when stuck working on an invention, would take a nap and ask his non-conscious for an answer. Many times, he would wake up with the answer. He understood the processing power of his non-conscious mind and was a master of the sleep test.\u00a0<\/p>\n\n\n\n<p>Stuck on a decision? Fearful? Looking for answers? Take the sleep test.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What do you say to a frustrated buyer? Nothing, you just ask good questions. That&#8217;s what we call the sleep test.<\/p>\n","protected":false},"author":15802,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[54],"class_list":["post-2335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ninja Selling&#039;s Larry Kendall on handling frustrated buyers - RealTrends - Blog<\/title>\n<meta name=\"description\" content=\"What do you say to frustrated buyers? Nothing, you just ask good questions. 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