5,252,079
It depends on who I'm talking to Jeff and where and for what purpose. I can be just verbal, I will have charts and graphs in other circumstances. My people get it... I honed my communication skills about such topics in the corporate world having to make "simple" presentations to boards of directors of Fortune 500 companies about complicated financial issues. That skill has stood me in good stead in my real estate career.
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Troy Erickson AZ Realt...
Chandler, AZ
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Richard Weeks
Dallas, TX
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Jeff Dowler, CRS
Carlsbad, CA
432,962
It really depends on the client- Some want to know and others don't. i am kind of of the mind frame personally let the professionals so their job and spend my time doing mine (when I am on the end of being serviced), but if I have someone that asks a slot of questions I will start filling in the blanks and give them as much information as they want;)
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Troy Erickson AZ Realt...
Chandler, AZ
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Nina Hollander, Broker
Charlotte, NC
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Jeff Dowler, CRS
Carlsbad, CA
5,773,924
Jeff,
I think that when you are explaining something, one should never make the other party feel stupid by active professorial or superior. There is no better teacher than someone who acts casually and explains what is happening in the marketplace. If needed, I would draw it out on a piece of paper...A
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Richard Weeks
Dallas, TX
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Jeff Dowler, CRS
Carlsbad, CA
846,475
In a listing they get the verbal with visuals as well. With buyers its verbal until they isolate a property then I will give them specifics in writing.
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Richard Weeks
Dallas, TX
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Nina Hollander, Broker
Charlotte, NC
1,089,595
I use nothing more than a local agent's phone # ; )
I have general info and know lending parameters in all the markets I serve, but the agents I know in those areas are where I send folks who need in depth knowledge.
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Jeff Dowler, CRS
Carlsbad, CA
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Nina Hollander, Broker
Charlotte, NC
2,423,671
3,988,138
Charts do the trick and they can see what is happening. I like them to see the number of competing properties as this is usually a wake up call.
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Richard Weeks
Dallas, TX
4,800,282
I've tried it all at one point or another, but most people really don't care. They are only interested in themselves and do not understand how the state of the market effects them.
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Richard Weeks
Dallas, TX
1,231,853
Depends on the who I am talking to. An engineer, accountant or attorney type wants detail and more is better.
If you were talking to my mother no graphs or charts are necessary.
Know your audience is what I teach in my class.
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Richard Weeks
Dallas, TX
5,584,078
simple charts will accomplish that task very easily....
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Nina Hollander, Broker
Charlotte, NC
4,696,029
It depends. Some like graphs/charts, others like comparative market analysis, some like to have homes pointed out to them with prices as we drive through neighborhoods.
Some get it quickly. Others eventually. Some get that glazed look in their eyes.
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Nina Hollander, Broker
Charlotte, NC
921,504
DOM, off market sales and % of sales not financed.
But still, they don't believe until they let one get away thinking they had the luxury of time.
Then they get serious and will commit.
Graphicly on a website to which I will direct them.
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Jeff Dowler, CRS
Carlsbad, CA
6,624,001
Generally it is a conversation, sometimes market reports to further the explanation.
979,796
Jeff - If you are too vague, your client may thing you don't really know your specific market that well. If you present too much information they may get overwhelmed. I think there is a fine line, and you have to know your client. Some will be visual, some will like numbers, and some will just want conversation.
5,964,200
I had several new buyers yesterday, one relocating from AZ. They have been looking on line, and know properties are moving fast. When getting ready to write on a property, I provide comparables on each neighborhood, sometimes with graphs.
5,065,806
5,425,244
2,538,689
Good morning Jeff. I spending the "time" necessary for the client to know that I have heard them.
2,759,862
4,273,325
Getting and staying qualified for a loan and not becoming mortgage poor (verbally and handouts)
3,762,439
I do a side-by-side for seller CMA with charts comparing their home to each comp and links to virtual tours. They usually get it.
3,208,370
I show the notebook of data I've compliled doing market reports. Then I explain and answer questions.
140,768
With buyers and sellers, usually verbally. With prospects, I describe in a letter. I should put in a graph.
80,653
I prepare a market analysis with DOM, listed, sold, etc. I clearly show them what similar properties sell for. The days on market and the number sold give buyers and sellers a picture of the market in the area they are buying or selling.
617,935
Jeff,
As always you have a great question. I tend to stress and question what the client anticipates the future of the area to be. Tends to be verbal, probably needs more visual.
1,530,644
Words. Comps and numbers to support them if needed. Most don't care about the nitty gritty. My market reports do a good job if I need to bring in pictures.
57,189
231,274
i think the best way is to know your inventory, and show those homes that represent it. show the high priced one, the low priced one. show one that just went pending...they will see