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How to Differentiate Yourself in Luxury Real Estate w/David Banks

How to Differentiate Yourself in Luxury Real Estate w/David Banks

FromLuxury Listing Specialist - Dominate High End Listings In Any Market


How to Differentiate Yourself in Luxury Real Estate w/David Banks

FromLuxury Listing Specialist - Dominate High End Listings In Any Market

ratings:
Length:
42 minutes
Released:
Sep 28, 2017
Format:
Podcast episode

Description

Positioning a home to appeal to the majority of the market will bring you closer to a sale. What activities are crucial to making a home attract more online and offline interest? What does it take to break into a market with an elevated price point? On this episode, we are joined by real estate veteran and owner of RE/MAX By the Bay, David Banks who shares on his winning strategies.

Moving into an area that you want to work in is important. You’ll network with everyone that you want to represent in the future.
- David Banks
Takeaways + Tactics

At a certain price point, a shift occurs from a seller’s market to a buyer’s market.
New photos increase online activity, which will increase the probability of a showing, which will increase the probability of a fair offer.
Lead with a giving hand by adding charitable donations to your operations.

At the start of the show, we learned about David’s beginnings in real estate, and he provided information on the luxury listings market in the Portland area. Next, we talked about how he was able to shift into elevated price points by moving to the area in which he wanted to sell. He also shared how charitable donations are built into his business operations. Towards the end of the show we talked about the importance of using your skills to increase interest in a property.
David also spoke about:

His hardcover presentation book and why it’s so effective
How to increase the probability of a fair offer
The importance of staging and repositioning a home

It’s impossible to force a buyer into a home, but it is our job to use the tools in our arsenal to reposition the home effectively to drum up interest that will lead to offers. There are many strategies to do this, including high-quality presentation books, staging the home, and investing in really good photos and videos of the home. These things will directly impact how quickly the home will sell.
Guest Bio
David opened RE/MAX By The Bay in 1994, with the goal of building an agency capable of providing an unsurpassed client experience. RE/MAX By The Bay quickly became home to the highest producing agents in the States of Maine and New Hampshire. David’s team has become known throughout the nation as a top-producing team, consistently ranking among the elite teams across all of RE/MAX. Go to http://www.davidbanksteam.com/about for more information.
Released:
Sep 28, 2017
Format:
Podcast episode

Titles in the series (100)

Where top luxury agents reveal their best practices PLUS interviews with real estate industry influencers, thought leaders and luxury marketing experts, you’ll come away from each episode with new strategies and tactics to list and sell high-end homes in ANY market. Learn from top agents like Ben Bacal, Gary Gold, Patrick Lilly, Rochelle Maize, Frank Aazami and many more!