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2025-02-28⏱️ 0:30:11Analyzed

Ben Lalez

How To Help Your Buyer Win In Multiple Offer Bids • Better Your Business With Ben • Ben Lalez

Leading Real Estate BrokerBen Lalez Team📍 Chicago$147M in transactions in 2024
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Episode Summary

In this episode, Ben Lalez discusses the transformative power of AI in real estate, focusing on how tools like ChatGPT can enhance agent training and transaction efficiency. He shares practical tactics for role-playing listing presentations and analyzing transaction documents, emphasizing the importance of continuous learning and adaptation in a competitive market.

🎯 Key Timestamps

05:04

Defending commission rates during listing presentations

Use ChatGPT to role-play commission objections and refine objection handling skills.

18:22

Time-consuming document review during transactions

Upload documents to ChatGPT to quickly identify key information like rental restrictions and special assessments.

🎬 Clip-Worthy Moments

tactical specificity05:04 - 06:30
"Hey, chat GPT, I have a list of presentation or I want to prepare for a list of presentation. Can you pretend you are the most disgruntled home seller in the world and really press me on my commission amount?"

Hook: Want to master your listing presentations? Here's how AI can help.

💡 Key Tactics

Role-play listing presentations with ChatGPT to handle common objections.

Use before listing appointments to refine objection handling skills. (05:04)

Upload transaction documents to ChatGPT for quick analysis.

Use during the contract phase to save time on document review. (18:22)

💬 Quotable Insights

"We're not a real estate company; we're an agent training company."

Full Description

Welcome to our series Better Your Business With Ben.

In this episode, Ben Lalez talks about setting expectations with buyers during the buyer consultation. Ben discusses understanding the seller’s needs and preferences to create a compelling offer package. Ben also talks about communicating effectively with the seller’s agent before and after submitting the offer. Next, Ben discusses the importance of building strong relationships with other agents to increase the chances of success in multiple offer situations. Last, Ben talks about the importance of having reliable lending partners and inspectors to ensure a smooth transaction.

If you’d prefer to watch this interview, click here to view on YouTube! 

Ben Lalez can be reached at 312.789.4054 and ben.lalez@compass.com.

This episode is brought to you by Real Geeks and Courted.io.

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Topics Covered

Leveraging AI in Real EstateAgent Training and DevelopmentRole-playing with ChatGPTImproving Transaction EfficiencyContent Creation for Real Estate Agents

Resources Mentioned

ChatGPT

toolRecommended for role-playing and document analysis to improve efficiency and skills.