In this episode of the Hyperfast Show, Dan Lesniak offers invaluable advice on working effectively with first-time homebuyers, a growing market segment due to current economic factors like interest rate hikes and the "rate lock-in" effect. He emphasizes the importance of patience and thorough education for these buyers, who are navigating the homebuying process for the first time. Lesniak suggests over-explaining every step, from financing to closing, and recommends holding regular first-time homebuyer seminars in partnership with lenders and title companies to educate and attract clients. He also advises on early and detailed discussions about financing, including familiarization with various first-time homebuyer programs and grants. Understanding the buyer-broker agreement, conducting reality check analyses to manage expectations, and providing a detailed overview of the buying process, including crafting winning offers, are highlighted as crucial steps. Lesniak's approach focuses on over-communication and viewing the process through the lens of a first-time buyer, ensuring they are well-informed and comfortable throughout their homebuying journey.
If you are ready to join eXp realty and would like Dan Lesniak and Keri Shull to personally sponsor you so you have access to two nationally recognized coaching programs text 703-638-4393.
Join Dan as he discusses:
-Strategies for real estate agents to work more effectively with first-time homebuyers, emphasizing the importance of patience and the need to thoroughly educate buyers on the entire homebuying process.
- Why you should hold regular first-time homebuyer seminars in collaboration with lenders and title companies to educate potential clients, and stresses the importance of early and in-depth discussions about financing options, including various first-time homebuyer programs and grants.
- The importance of conducting reality check analyses to set realistic expectations, understanding the buyer-broker agreement, and providing detailed overviews of the search, offer, and closing processes to ensure first-time buyers are well-informed and prepared.
WANT TO GET ACCESS TO ALL OUR HYPERFAST AGENT COURSES FOR A $1 TRIAL?
Click here for a trial membership in the Our Inner Circle.
KEEP UP WITH US HERE
Website: https://hyperfastagent.com
Instagram: https://www.instagram.com/HyperFastAgent/
Facebook: https://www.facebook.com/HyperFastAgent/
Twitter: https://www.twitter.com/hyperfastagent
LinkedIn: https://www.linkedin.com/company/hyperlocal-hyperfast/
OUR OTHER EXCLUSIVE YOUTUBE CHANNELS
The Keri Shull Team: https://youtube.com/kerishullteam
Dan Lesniak - https://www.youtube.com/danlesniak
THE BOOK THAT HELPED 10K+ REALTORS
https://amzn.to/2Mkm9Jp
GET DAN'S BEST SELLING BOOK FREE
https://bit.ly/3dbiH3q
INTERESTED IN TAKING YOUR REAL ESTATE BUSINESS TO THE NEXT LEVEL?
https://bit.ly/3eLG97Z
Mastering Marketing Fundamentals with Michael Rivero
Building Beyond Boundaries with Andrew Perrie
Real Estate Team Models in 2024 with Dan Lesniak
How to Negotiate Low Offers with Dan Lesniak
The Right Way to Do a Broker Open with Dan Lesniak
Setting the Right Buyer Expectations with Dan Lesniak
10 Ways to Find Off Market Deals with Dan Lesniak
Reviving Stagnant Listings with Dan Lesniak
Million Dollar Tactical Lessons with Keri Shull
Mastering the Art of Social Media with Jeff Pftitzer
Mastering the Market: Strategies from Top Real Estate Leaders
Rising Star in Real Estate: Kacie Anderson’s Journey to Success
Unlocking Financial Freedom with Brian Carruthers
Jamie Bascom: One Hire Away
Freddie Sahar: Unlocking More Deals from Your Database
Keri Shull’s Blueprint for Real Estate Success: The Power of Precise Goal Setting
Beyond the Commission Check: How Matt Plumer Helps Agents Build Wealth
From Slopes to Sales: Athena Brownson’s Journey
Beyond Posting: The Art of Social Prospecting with Dan Lesniak and Michelle Berman
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money