Real Estate Transaction Process: Pricing, Marketing, Selling, Sales, Closing

Being a quality, effective real estate agent requires various skills, abilities, experiences, expertise, judgment, and actions, used in concert, to make the process easier, less stressful, and much more efficient/effective. This process begins with properly pricing a property, from the very beginning, using professionally designed competitive market analysis, valuable and properly designed marketing, well considered, selling, making a sale, and paying close attention, right through to closing. After more than a decade, as a licensed sales representative in New York, I have come to realize the difference the right agent could offer, and so with that in mind, this article will attempt, briefly, to consider, review, review and discuss some of the key considerations to understand during this process and time period.

1. Prices: Often the initial listing price sets the tone for how well the process will go. The best approach is put a price on it from the beginning. Statistics and data indicate that the best deals come, in the vast majority of cases, in the first few weeks after a property is listed, so doesn’t it make sense to attract the maximum number of qualifiers? potential buyers, from the beginning, setting you a realistic and well-considered price. Sellers should require their agents to explain their price justification and closely review a competitive market analysis and use it for their best purposes.

two. Marketing: What is the best way to market a specific house and property? Choose an agent who will prepare a fully considered and well-designed marketing plan, including the reasoning behind it, the best media for your home, and how to get the most for your money. This planning must include: the appropriate mix of use/use of the media; priorities; goals; the niche of the house; niche – marketing, etc.

3. Sale: Selling must be proactive, and clients and agents must work together, as a team, to achieve the best possible results. How quickly an agent responds to potential clients, responds/addresses their client’s concerns and insights, and the quality of their advice, in a timely and well-considered manner, often differentiates the right agent for you from the rest. of – The package!

Four. Sales: The sales process, you must close the deal, with the results, which make more sense! Only when the sale is complete and carried out has the agent provided the service their client needs and deserves!

5. Closure: Some falsely believe that the process ends when the offer is made and accepted. However, a lot can happen between that step and closing, and therefore experience, expertise, foresight, and contingency planning are essential qualities needed to be a great real estate agent.

Owners should hire someone to represent them who pays attention to all of these factors and creates a scenario where their client receives the highest possible price, in the shortest period of time, with the best terms and least hassle. . ! Given that, for most, their home represents their single largest financial asset, doesn’t that make sense?

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