Technology: Surviving the Brunt of a Lean Property Market

It has just been announced that the company has been placed in receivership.

Property market over the last 2-3 years have seen a significant decrease in sales volume and closed agencies and salespeople leave the industry on a weekly basis.

REIQ of salespeople in the last 3 years and I predict an estimated 30% reduction trend will continue for some time. Proceeds go to the agencies and salespeople as lizards and discount operations are down to the will cease as a result.

Experience with long-term survivors of estate agents as they have experienced downturns before, lived through difficult market, and know how to sell.

Selling real estate is far from being a glamorous job.are.

Making phone calls at all hours and working late at night, content to include in your daily routine that many are failing.

Agencies to back off. I predict property prices and sales volume, where they are for some time and will stay until the economy changes, (and I can not see on the horizon), we close more agencies We'll see.

are reluctant to get results. It's a chicken and egg situation.

If a vendor does choose an agent to market your property? Conduct an interview. All leaflets and company brochures look behind the bright and beautiful pictures. You really want to ask without fear of disturbing anyone ask all the questions.

There are three important elements for a sale.

1. Presentation. Marketing materials, the seller's personal presentation, the content they produce and the way the potential quality of information.

2.If you do not have a buyer, and therefore it is also likely to be difficult to secure a deal.

3. Follow up: Seller will follow all the inquiries? Open Homes to participate in the agent is conducting a call and see if they follow up by asking your friends to do some mystery shopping.

Selling property is a particular area, so a special agent to engage and pay them what they are worth. A higher selling price and therefore will be rewarded with a better result all round.

Wednesday, August 10, 2011

Surviving the Brunt of a Lean Property Market

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