The mirror technique in real estate is absolutely key when it comes to negotiation. This technique is often referred to as “Mirror and Matching“. This is one of the most useful sales and negotiation skill sets. Most real estate agents have had some exposure to this concept, but this training will help you perfect your skills.
First you need to build rapport and get on the same wavelength as the other person you are negotiating with. That is to say, you need to try to assimilate to their communication style.
If you go slow, you can pick up on clues and cues. As a result you’ll be able to see how they communicate, and it will allow you to pick up on that and mirror it back to them to increase their comfort level.
When you use the mirror technique in real estate, you are trying to imitate the other person’s behaviors – both verbal and nonverbal. The best place to do this is in person. The second best place is over Zoom. The last choice would be over the phone.
Above all, find a way to make it face to face because then you can get a better idea of where they are coming from so that you can more effectively mirror and match them.
It is impossible to read body language and mannerisms over the phone.
Letโs say you list a house and you warn your seller that itโs a high price that may not appraise. Sure enough, halfway through the transaction, your sellerโs home does not appraise. It comes up $35k short.
So now you have to deliver that news to your seller. Your seller gets angry. And heโs angry at you because you brought the bad news. His home selling experience is not good because of this news. He screams at you. โI canโt believe it! After all this, Iโm losing $35k! No, tell the buyer they can come up $35k and pay it themselves or Iโll put it back on the market. Did you even give them comps?โ
Firstly, you say to your seller, โHey, relax. Calm down. It will be okay.โ You are doing the opposite of mirror and matching. This person is really angry and you are telling him to relax. That’s not the right way to handle someone who is mad. In other words, you are actually throwing gasoline on a fire.
Next, heโs going to say, โYouโre telling me to relax?!โ and become even more angry. You clearly donโt understand why he is mad. Youโre not at all validating his feelings. Youโre just giving him more reasons to show you why he feels so mad. Until you get it, he’s only going to get more heated.
Meanwhile, here’s a better way to respond to the last example. โYou are frustrated and exasperated about this situation. You sound extremely upset. And I donโt blame you. I would feel that way too. You are clearly angry. I am angry too. This is not fun news for me to give you. You and I work hard to get this great price for your house, and some random appraiser comes in and appraises it too low. Iโm sorry. Iโm mad. Do you want to hear what I think we should do about this?โ
As a result, your seller can now calm down a bit. They got their message across. Therefore, they now feel like you understand their frustration.
โOK โ so what do we do now?โ your seller asks you. Likewise, you can respond in a calm tone.
โUnfortunately, this does happen a lot. Itโs no fun. If you will remember when we priced the house, I did mention that this was a possibility. The appraiser brought us back down. My advice, rather than go back on the market, is to try and meet the buyer halfway with that $35k, and we can move forward. How does that sound?โ
First you calmed him down. So now, he can listen to your logic. You used the mirror technique to mirror his emotions, which allowed him to feel โseenโ and validated.
Not only did you understand his emotion, but you mirrored it back using your voice, tone, and body language.
You are NOT manipulating people by using these mirror and matching techniques. By using the mirror technique in real estate, you are actually rising to the next level of customer service by making every effort to speak their language.
You are embracing their set of values, their way of talking, and their feelings. This is negotiation at its finest.
Negotiation skills training will help you connect with more clients and earn more business. You will be the person that a prospective buyer or seller โclicksโ with.
They may not be able to put a finger on why they โclickโ with you, but itโs because you make them feel comfortable and understood. Therefore, by using techniques like mirror and matching, you can build rapport and rise above the other real estate agents that prospective clients meet with as they search for an agent. Consequently, they will like you better because you โgetโ it.
The other agents who donโt get picked will say, โOh, itโs because that agent must have cut their commission to get more business.โ But youโll know that itโs because your communication and negotiation skill set is higher. No commission cuts needed.
You mirror and match so that you can communicate with your clients more effectively. When we behave in a manner that they prefer it helps them to be comfortable and focus on our message without distraction. Today we are giving you a free download of our Mirror & Matching PDF; use it as a guide as you learn how to use the mirror technique in real estate.