760 likes | 868 Views
Become a Listing Legend . Gee Dunsten, CRS . Strategic Thinking . Two Critical Questions: . What am I doing better than my competition? What am I not doing that my competition is doing better ?. Real Estate Industry is Not Strategic . Strategic Thinking .
E N D
Become a Listing Legend Gee Dunsten, CRS
Two Critical Questions: • What am I doing better than my competition? • What am I not doing that my competition is doing better ?
Strategic Thinking Focus on what consumer wants
Four P’s of Marketing • Product • Pricing • Positioning • Promotion
Wisdom Knowledge Information Data
Listing Presentation begat “reason homes don’t sell” …… Price
Homes don’t sell because of price begat …..“The buyer must determine the price.”
The buyer determines the price begat …….“The market must determine the price”.
“The Market” X Homes aren’t commodities
Comps Commodity Similar Homes CMA
Let’s look a the properties that your future buyer will be looking at.
Comps, Commodity, Similar Homes, and CMA begat ……Data Driven Presentations
SMS Strategic Market Strategy
Strategic Market Strategy Pricing Staging Negotiating Positioning Promoting
Who Determines / Influences the Final Price • Seller • Seller’s Agent • Buyer • Buyer Agents • Bank
What Percentage of Agents Have: • Access to the market data? • Ignore data when pricing their own home?
Introducing the SMS begat ……Three Critical Thinking Questions
Three Critical Thinking Questions: 1. 2. 3.
These Three Questions Lead to a Three Point Presentations: 1. 2. 3.
Based on your knowledge of the current market for homes similar to yours , do you feel that the market is improving in your favor or going in the wrong direction?