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BlogMay 22, 202310 min read

Cold Calling Scripts That Actually Convert Motivated Sellers

Learn the exact cold calling scripts our team uses to convert skeptical homeowners into motivated seller appointments.

Sarah Williams

Sarah Williams

Author

Cold Calling Scripts That Actually Convert Motivated Sellers

Photo by Yan Krukau from Pexels

Cold calling remains one of the most direct and effective ways to find motivated sellers, but only when done correctly. The difference between a call that ends in a quick hang-up and one that results in an appointment often comes down to your script and delivery.

The Psychology Behind Effective Cold Calling

Before diving into specific scripts, it's important to understand the psychology that makes cold calling work. When calling potential motivated sellers, remember:

  • People make decisions based on emotion, then justify with logic
  • Most homeowners are skeptical of unsolicited calls about their property
  • Building rapport quickly is essential to keeping them on the line
  • Identifying their specific pain point is key to offering a relevant solution

With these principles in mind, let's look at scripts that have proven effective for different seller situations.

Script #1: The General Motivated Seller Approach

This script works well for general lists where you don't have specific information about the seller's situation:

"Hi, is this [Name]? Hi [Name], this is [Your Name] with [Your Company]. I know this call is unexpected, but I'm calling about the property at [Address]. We're looking to buy houses in the [Neighborhood/Area] and I was wondering if you've ever thought about selling this property? [Wait for response] That's interesting. May I ask, how long have you owned the property? And are you currently living there or is it a rental? [Listen and take notes] I appreciate you sharing that. Many of the homeowners I work with are dealing with [mention common pain points like repairs needed, difficult tenants, inheritance, etc.]. Is there anything specific that would make you consider selling now if the price and terms were right?"

This approach is conversational rather than pushy, and it focuses on gathering information while identifying potential motivation.

Script #2: The Pre-Foreclosure Specialist

When calling homeowners in pre-foreclosure, sensitivity is crucial:

"Hello, may I speak with [Name]? Hi [Name], my name is [Your Name] with [Your Company]. I'm reaching out because we specialize in helping homeowners who might be facing difficult situations with their mortgage. [Pause briefly] I understand this might be a sensitive topic, and I want to be respectful of your time. We've helped many homeowners in [Area] find solutions when they're dealing with mortgage challenges. I'm not sure if your situation applies, but if you are experiencing any difficulties, I'd be happy to share some options that might be available to you. Would that be helpful?"

This script acknowledges the sensitivity of the situation upfront and positions you as a problem-solver rather than an opportunist.

Script #3: The Absentee Owner Approach

For out-of-state or absentee owners:

"Hi [Name], this is [Your Name] with [Your Company]. I'm calling about your property at [Address] in [City]. I work with a lot of out-of-area property owners who find it challenging to manage properties from a distance. [Wait for response] How long have you owned this property? And what's been your experience managing it from a distance? [Listen carefully] That's interesting. Many of the owners I work with find that the hassles of remote management eventually outweigh the benefits of holding onto the property. Have you ever considered selling it to simplify your life and investments?"

This script targets the specific pain points of long-distance ownership while gathering valuable information.

Script #4: The Inherited Property Specialist

For owners who have recently inherited property:

"Hello [Name], my name is [Your Name] with [Your Company]. I'm reaching out regarding the property at [Address] that I understand you may have recently inherited. [Pause] First, please accept my condolences for your loss. I know this can be a difficult time. The reason for my call is that we specialize in helping people who have inherited properties and might not want the burden of maintaining them or going through a lengthy traditional selling process. Is the property something you're planning to keep or might you be considering selling it?"

This approach acknowledges the sensitive nature of inheritance while offering a practical solution to a common problem.

Key Elements That Make These Scripts Work

While each script is tailored to a specific situation, they all share important elements:

  1. Quick identification: Clearly state who you are and why you're calling
  2. Rapport building: Show understanding of their potential situation
  3. Open-ended questions: Get them talking about their situation
  4. Active listening: Pay attention to cues about their level of motivation
  5. Value proposition: Position yourself as a problem-solver

Handling Common Objections

Even the best scripts will encounter objections. Here's how to handle the most common ones:

"I'm not interested"

"I completely understand. Many of the homeowners I now work with said the same thing initially. May I ask, is it that you're not interested in selling at all, or just not right now?"

"How did you get my number?"

"That's a fair question. We research property records in areas where we're looking to buy, and your information was available in the public records associated with your property at [Address]. I'm reaching out personally because we're actively looking to invest in your neighborhood."

"I need to talk to my spouse/family first"

"That makes perfect sense. Family decisions should involve everyone. Would it be helpful if I sent over some information about our buying process and the options we offer? That way, you'd have something concrete to discuss with them. And when would be a good time for me to follow up after you've had that conversation?"

Practice Makes Perfect

The most important thing to remember about these scripts is that they require practice. Before making actual calls:

  • Role-play with a colleague or friend
  • Record yourself and listen for areas of improvement
  • Start with less promising leads to build confidence
  • Keep a log of what works and what doesn't

Over time, you'll develop your own style and variations that feel natural and effective for your personality and market.

The Follow-Up System

Remember that the initial call is just the beginning. Having a systematic follow-up process is crucial:

  • Schedule specific follow-up calls during your conversation
  • Send a text message shortly after your call to reinforce your interest
  • Mail a personal letter or postcard within 48 hours
  • Use a CRM to ensure consistent follow-up at optimal intervals

Persistence often makes the difference between average and exceptional results in cold calling.

Conclusion

Cold calling for motivated sellers is both an art and a science. These scripts provide a solid foundation, but your success will ultimately depend on your ability to connect with homeowners, understand their needs, and position your services as the solution to their problems.

Remember that behind every property is a person with unique circumstances. Approaching each call with genuine empathy and a desire to help will not only improve your conversion rates but also make the process more rewarding for everyone involved.

Cold CallingSales ScriptsLead Generation

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