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.
Audit Your Real Estate Business - EP194 - Real Facts on Real Estate
Working Platform Leads vs Your Sphere of Influence - EP193 - Real Facts on Real Estate
The Early Bird Gets the Worm - EP192 - Real Facts on Real Estate
Lead Follow Up - EP191 - Real Facts on Real Estate
The Five Worst Questions an Agent Can Ask - EP190 - Real Facts on Real Estate
Asking the Right Questions - EP189 - Real Facts on Real Estate
How Large is Your Network - EP188 - Real Facts on Real Estate
It is Not Your House - EP187 - Real Facts on Real Estate
The Importance of Framing Your Words - EP186 - Real Facts on Real Estate
Being on Time - EP185 - Real Facts on Real Estate
How to Quickly Sell Real Estate - EP184 - Real Facts on Real Estate
Under Promise and Over Deliver - EP183- Real Facts on Real Estate
Meeting With Clients Digitally - EP182 - Real Facts on Real Estate
Controlling the Narrative - EP181 - Real Facts on Real Estate
How to Close More Deals - EP180 - Real Facts on Real Estate
Navigating Price Breaks - EP179 - Real Facts on Real Estate
7 Things to do to Prepare for a Home Showing - EP178 - Real Facts on Real Estate
Preparing a Listing To Go Live - EP177 - Real Facts on Real Estate
Scams Directed At Real Estate Agents - EP176 - Real Facts on Real Estate
Preparing for The Market Ahead - EP175 - Real Facts on Real Estate
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