In Episode 263 Brokering New Construction: Strategies for Agents, we jump into the crucial aspects of handling new construction projects as a real estate agent. Understanding the timeline for new constructions is fundamental, as delays are a common occurrence. Setting realistic expectations and maintaining open communication lines among the buyer, builder, and agent is emphasized to navigate these challenges smoothly.
We also explore the financial intricacies involved in new construction deals, highlighting the necessity for agents to be transparent about the total cost, including potential upgrades and unforeseen expenses. Offering guidance on how agents can assist clients in staying within their budget by preemptively discussing additional costs is a key focus of this segment.
The episode contrasts the intricacies of ground-up construction with the process of buying builder-completed homes. While ground-up construction allows for extensive customization, it demands a comprehensive understanding of initial costs, such as land purchase and construction permits. On the other hand, opting for a builder-completed home offers a more streamlined process, with a focus on the final sale price and what's included, simplifying the buying experience for clients. This episode equips agents with the knowledge to adeptly guide their clients through the complexities of new construction purchases, ensuring a successful and satisfying outcome.
Setting SMART Goals for Realtors in 2024 - EP256 - Real Facts on Real Estate
Is 2024 a Good Year to Be a Realtor®? -EP255- Real Facts on Real Estate
Should I Get My Real Estate License in Multiple States? - EP254 - Real Facts on Real Estate
How Much Money Does A Realtor® Make in Massachusetts? - EP253 - Real Facts on Real Estate
Closing Gift Success Tips with Sandra Weston - EP252 - Real Facts on Real Estate
Selling Through Separation: Real Estate Strategies for Divorce - EP251 - Real Facts on Real Estate
The Risks of Ignoring AI in Real Estate - EP250 - Real Facts on Real Estate
Social Media Privacy for RealtorsⓇ - EP249 - Real Facts on Real Estate
Building a Strong Personal Brand - EP248 - Real Facts on Real Estate
Navigating the Property Jungle for New Agents - EP247 - Real Facts on Real Estate
Navigating Simultaneous Buying and Selling - EP246 - Real Facts on Real Estate
How do Top Producers Nurture Leads - EP245 - Real Facts on Real Estate
Va Home Loans With Bad Credit with Ron Stroup of loanDepot - EP244 - Real Facts on Real Estate
New Real Estate Agent Tips - EP243 - Real Facts on Real Estate
Who Should I Add To My Referral Network - EP242 - Real Facts on Real Estate
What is My Sphere of Influence - EP241 - Real Facts on Real Estate
What Percentage Commission Do Realtors® Make - EP240 -Real Facts on Real Estate
Should I Invest in kvCore - EP239 - Real Facts on Real Estate
Finding Deals for Real Estate Investors - EP238 - Real Facts on Real Estate
Generating Multiple Streams of Income in Real Estate - EP237 - Real Facts on Real Estate
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