1) "Now when Jesus heard these things, he said unto him," (akousas de ho lesous eipen auto) "Then when Jesus heard what he said, he said to him," with pity, compassion, knowing his covetous self-deception, Exodus 20:17; his love for money, 1 Timothy 6:9-11; Matthew 19:21.
2) "Yet lackest thou one thing:" (eti hen sois leipei) "There is (exists) one thing you lack," you are short of, That was a total reliance, full surrender of his soul to Jesus. He did not want to confess his need of a savior, but covetously wanted to: 1) First, hold on to this wealth, and 2) second, be saved without confessing his sins, Mark 10:21.
3) "Sell all that thou hast," (panta hosa echeis poleson) "Sell all the material things that you have,"’ hold or possess, that will reveal what you are at heart, your covetousness by nature and practice, Exodus 20:17; Luke 12:15.
4) "And distribute unto the poor," (kai diados ptochois) "And distribute (give out) to the poor people," share with them a thing that he, like the rich barn builder, had apparently not been doing, Luke 12:16-21; Matthew 19:21. One who has enough to give charity has enough of life’s material things.
5) "And thou shalt have treasure In heaven:" (kai ekseis thesauron entois ouranois) "And you will have treasure in heaven," laid up, in reserve. He did not have to sell all, but he had to be willing to do it, is the idea, for "no good thing will He withhold from them that walk uprightly," Psalms 84:11.
6) "And come, follow me," (kai deuro akolouthei moi) "And then come, follow me," Luke 9:23; Matthew 19:21; Mark 10:21.