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10 Truisms for Successful Real Estate Agents

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Real Estate Sales Representative with Royal LePage / Pro Ledger Online Software
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Truisms are principles that have been proven time and time again to be accurate and reliable.

They help real estate agents remember general principles that can used to guide decisions and actions.

Here are 10 Truism's you may have heard in the real estate industry:

  1. Location is key in real estate.
  2. Presentation is everything - staging a property can make all the difference.
  3. The first offer is often the best offer.
  4. Always disclose any known issues with the property.
  5. Pricing a property correctly is crucial to a successful sale.
  6. Negotiation is a key skill in real estate.
  7. Communication is essential throughout the buying or selling process.
  8. Real estate is a cyclical industry - be prepared for ups and downs.
  9. Market conditions can have a significant impact on a property's value.
  10. Real estate is all about relationships - building trust with clients is vital.

What truism can you add to this list? Share as a comment below.

 

Comments (7)
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Steve, you have a very good list of true facts on the market.

Mar 22, 2023 07:14 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Steve - understanding truisms of all sorts exist can be a good conversation starter.  And that kind of connection can be considered a success anytime it occurs in my opinion.  

Mar 22, 2023 07:22 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Good morning Steve.  #7 still top of the list in most important and still remains biggest complaint of consumers.  Obviously not nearly so easy as people think.  mdm

Mar 22, 2023 07:43 AM
Steve Penner

Yep.. amazing how many agents don't communicate along the way very well. Good comment.

Mar 22, 2023 10:23 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Well done Steve- even though I’m not an agent I would add Always have your client’s best interest in mind- not the commission! When you do, many more commissions will follow.

Featured in the Bananatude Group!

Mar 22, 2023 08:39 AM
Steve Penner

Yes good one! .. thanks for sharing. 

Mar 22, 2023 10:21 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Good Morning Steve Penner 

Good information. I'll add

Markets go up and markets go down but people still buy and sell in those markets

Mar 22, 2023 09:03 AM
Steve Penner

Yes... I like that.. 👍 thanks for the comment. 

Mar 22, 2023 10:22 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Steve and great information to pass on to us here in the Rain.  Make it a great day!

 

Mar 22, 2023 10:09 AM
Roy Kelley
Retired - Gaithersburg, MD

This is a good list to share.

Have a very productive spring.

Mar 23, 2023 01:24 PM
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