Posts with tag 'Homesale Realty'

If you're wondering why Homesale Realty pros have a higher closing rate than the rest, one of the biggest reasons is negotiation skills. By combining a strong marketing program, proactive customer service, and excellent negotiation, you maximize value in every transaction.

No matter whether you are representing the buyer or the seller, negotiation skills are paramount. Without them, you can't reach an agreement, satisfy your client, and win the commission. This is often an unfortunate event all around, since sellers want to sell and buyers want to make a buy.

Once you put aside problems of mindset, issues that drive buyers and sellers apart are often small ones. For example, it will always be difficult to get through to a seller who has over-priced a home. However, minor repairs or other hiccups should not sink an entire sale.

Negotiation expertise is one of the biggest reasons why both buyers and sellers benefit from a real estate agent. However, you don't have to be a "natural" at negotiating to achieve your goals. Practice these negotiation skills, and you'll serve your clients better:

1. Be Ready to Walk Away (and Make Sure Your Client Is, Too)
   In some ways, the best buyers are those who never "fall in love" with a home. They know they don't have to bend over backward to meet unreasonable conditions. No matter how much your client loves a home, it's a good idea to discuss the red lines that will cause them to walk away. Being able to leave a negotiation gives you a tremendous amount of leverage.

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When agents are wondering why Homesale Realty is the best choice for them, one thing they think about is their ability to advance their careers. Let's face it: No one wants to wander a maze of confusion if you can move toward a fulfilling career faster. The question is how to do it while remaining true to your values.

One of the most common ways agents try to accelerate their careers is by seeking out new agent designations. Designations are a set of common and respected credentials for real estate agents. These help people choose the right agent for them by specifying the skills and abilities a real estate pro has invested extra time and effort in. Several of the designations require upwards of 50 hours of continuing education and carry other expectations that vary by state.

Some of the top designations include:

• Graduate of the Realtor Institute (GRI)
• Licensed Real Estate Broker (LREB)
• Accredited Buyer's Representative (ABR)
• Seller Representative Specialist (SRS)
• Short Sale and Foreclosure Resource (SFR)
• Certified Distressed Property Expert (CDPE)

There are also certifications and continuing education classes you can seek from credible universities—both online and off. While these are valuable training in their own right, most of them can be applied toward the designations listed above.

Why are designations valuable for agents of all experience and skill levels?

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Starting a new career in real estate can be a challenge, but it also requires getting your financials in order. You're essentially starting your own business, which comes with its own share of troubles. Fortunately, this is why Homesale Realty is the most successful in getting new real estate agents started in their careers. 

Here are our suggestions for setting yourself up for financial success as a new agent.

• Establish Some Savings
  Depending on whether you're starting with your own business or if you're working for an experienced agent, you'll want to have some savings set aside while you get your new career started. Most financial advisors would recommend that anyone have at least 2-6 months of living expenses saved up in case they run into a financial bind.
  
  For a real estate agent, especially starting out, your first paycheck might be two or three months after your first sale. Real estate isn't exactly like selling a car, and you may not realize your commissions until well after the paperwork has been signed, and the mortgage process has begun in earnest.

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People wonder why Homesale Realty agents work so hard to make every home transaction easier. It's simple: We take our responsibility to our customers seriously, whether they happen to be buying or selling. That's a commitment that lasts to closing day and beyond.

Buying a home can have its twists and turns, but it's important to take the right steps. One of the last things a home buyer needs to do is a final walk-through of the property. This is the biggest opportunity they have to notice and draw attention to any issues that have not been addressed as agreed after the home inspection.

With that in mind, it's a great idea to have a final walk-through checklist at the ready. Checklists are extremely useful when you're dealing with complex tasks, especially those that happen to be unfamiliar. Even if you brainstorm with your client ahead of time, you might forget a detail here or there. With a checklist, you can be confident. So can your client—and that peace of mind makes a difference.

What should your final walk-through checklist include? Remember these steps:

1. Remind Your Client Why You're There
   A final walk-through helps buyers verify repairs that the seller agreed to make, usually as the result of a home inspection conducted within the last few weeks. If there is a major change in the home's condition, buyers can choose to contact the seller before closing to discuss that issue.

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As you begin your new career in real estate, it's important to establish yourself and your agency as the best in the business.  This is why Homesale Realty puts a premium focus on giving you the tools and expertise you need to be successful in your new field, but what exactly makes a real estate agent truly successful?

It's easy to measure success with the tangibles such as sales, volume, and client base, but the intangibles establish agents and make them successful in their day-to-day dealings. With that said, there are some routine habits that make real estate agents truly successful in what they do.

1. Take Time for Yourself
   One habit all highly successful people share, real estate agents included, is that they take time for themselves. Real estate, in its busiest form, is a fast-paced, sometimes hectic, and very busy field often with odd hours and little downtime. Start your day by taking some time for yourself.
   
   We recommend getting up early and using your mornings (when the rest of the world is otherwise asleep) for the things you would tend to lose time for as the day goes on.  Many successful agents will use their personal morning time for meditation, yoga, exercise, reading, or generally bettering themselves before the sun comes up.

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