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Real Estate Sales Practice--Closing Should Be The Beginning

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Real Estate Agent with RE/MAX Coastal Properties BROK.995683208

Real Estate Sales Practice--Closing Should Be The Beginning

Finding new lines of business is one of the toughest pieces to the real estate sales puzzle. Some agents phone prospect, others spend hours on social media. a few drop eye-watering amounts of money paying for leads. But what if there was a way to turn old business into new? Let's examine how closing can be a consistent source of NEW business. 

Ways to make more than a commission check at closing

1) Get a seller review--The BEST time to get a seller review is when they are signing the powerful offer you brought them. This is especially true for former "expired" listings. The next best time is when all escrow conditions are cleared. Remember this for your next listing. For our purposes, just make sure to get one prior to closing. AFTER closing, motivation to do such wains due to all the activities/stress of moving. 

2) Adopt The Buyers-- In my experience most agents scatter after closing. Representing the seller? There is nothing ethically wrong popping by or calling the buyers a couple of days after closing to make sure the move  went smooth. Most will thank you for the effort. Ask permission (and respect their response) to keep them updated on local real estate stats/happenings. 

3) Have your stuff together and treat everyone at the title company with respect--It's amazing we need to remind folks to be kind to others. One ingredient to my secret sales sauce is treating title peeps with respect. Can't count the number of vendor referrals I have worked over the years. Treat them poorly and they will remember. Treat them well and they will never forget! Understand the difference! 

4) Tell the world about your success--Don't be a secret agent. Selling a home in a tough market is something the neighbors need to know about. Call around the listing and share the details, then ask who they know who may need a top agent. The answer will surprise you. Share a Just sold post on social media (ask the sellers and your top friends to share). 

The best way to get real estate business is to leverage what you have. Provide excellent customer service, treat folks with respect, tell the world. Repeat as many times as possible! 

Posted by

Searching for a Top real estate agent in Destin Florida ? Need help selling your Emerald Cost home? Either way call Doug today!

Doug Rogers

Real Estate Agent 

RE/MAX Coastal Properties 

Destin Florida 32541

 

 

(318) 613-1994

 Equal opportunity housing. Doug Rogers is a licensed real estate professional in Florida. Each office independently owned and operated

 

 

 

Comments(7)

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Paddy Deighan MBA JD PhD
http://www.medicalandspaconsulting.com - Vail, CO
Paddy Deighan J.D. Ph.D

great post and points that need to be emphasized more frequently....as humans we view view the final aspect of a transaction as the end and I agree...it is the beginning

Oct 01, 2024 12:15 PM
Doug Rogers

Agree 100%

Oct 02, 2024 05:09 AM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Well said, Doug!  Many agents fail to "leverage what they have" once the house has closed. If you think that your name will be at the top of their mind, you might be wrong. 

Oct 01, 2024 06:29 PM
Doug Rogers

Without prompting they forget real quick. I've listed many homes where the sellers couldn't recall their former agent's name

Oct 02, 2024 05:10 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Doug - opportunities are abundant in real estate.  So, closings can open doors of many sorts of possibilities as this list in your post shows.  

Oct 02, 2024 03:57 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Expert guidance. Exceptional results.

Thank you, Doug Rogers, for your insightful take on turning the closing process into a springboard for future business! Your strategies for maintaining relationships post-closing and emphasizing customer service truly highlight the importance of building lasting connections in real estate.

Oct 02, 2024 04:49 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Doug,

You are right on target with this post! A closing is not the end it is the beginning. Every agent has different strengths. Understand yourself and decide who you want to do business. Then you can determine how to best leverage what you have. 

Oct 02, 2024 08:27 AM
Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
The Grit and Gratitude Agent

All good advice.  Sometimes this advice requires repetition.

Oct 07, 2024 08:34 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Good advice. Thanks for sharing.

Oct 07, 2024 10:47 AM