Real estate transaction process: pricing, marketing, selling, sales, closing

Being a quality and 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 starts with pricing a property right, right from the start, using professionally designed competitive market analysis, well thought out and valuable marketing, selling, making a sale and paying close attention, all the way 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 therefore with that in mind this article will briefly attempt to consider, examine, 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 set a price from the beginning. Statistics and data indicate that the best deals arrive, 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, right from the start, 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.

2. Marketing: What is the best way to market a specific home and property? Choose an agent who will put together a thoroughly 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 should include: the right mix of use/use of the media; priorities; goals; the niche of the house; niche – marketing, etc.

3. Sale: Selling must be proactive, and customers and agents must work together, as a team, to achieve the best possible results. The speed with which an agent responds to leads, responds/addresses your client’s concerns and insights, and the quality of their advice, in a timely and well-considered manner, often sets the difference between the right representative for you and others. of – The package!

4. Sales: The sales process, you must close the deal, with the results, which make more sense! Only when the sale is complete and through has the agent provided the service that 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, necessary to be a great real estate agent!

Homeowners need to hire someone to represent them who pays attention to all of these factors and creates a scenario where their client receives the highest price possible, in the shortest period of time, with the best terms and the less discomfort. ! Since, for most, your home represents your single biggest financial asset, doesn’t that make sense?

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