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How to Properly Qualify Buyer Prospects in Luxury Real Estate

How to Properly Qualify Buyer Prospects in Luxury Real Estate

FromEstate of Mind — The Art of Selling Luxury Real Estate


How to Properly Qualify Buyer Prospects in Luxury Real Estate

FromEstate of Mind — The Art of Selling Luxury Real Estate

ratings:
Length:
36 minutes
Released:
Feb 1, 2023
Format:
Podcast episode

Description

Why is Qualifying Buyers So Important?When it comes to negotiating sales in luxury real estate, one of the more important steps is ensuring that the buyer has the funds necessary to complete the transaction. While many real estate professionals feel bringing up the topic of assets is a bit taboo, it’s actually incredibly important to properly qualify buyers in order to protect all parties involved. If you haven’t added it to your process already, asking for proof of funds should be standard practice when negotiating a sale.Topics Discussed During this Episode:When it’s appropriate to ask for verification of fundsHow not to cross the line with buyers and turn the situation uncomfortableWhy setting expectations with your clients is so important for a smooth transactionSome useful resources that can help luxury real estate professionals pre-qualify buyersResources Mentioned During this Episode:REAL MarketingThe Institute for Luxury Home Marketing
Released:
Feb 1, 2023
Format:
Podcast episode

Titles in the series (71)

Welcome to Estate of Mind, a podcast series all about motivating, inspiring, and educating you in the art of selling luxury real estate. All real estate professionals, no matter how experienced, face challenges working in the upper tier. That's where The Institute for Luxury Home Marketing comes in. Our goal is to share the knowledge and experience of our guests, successful real estate professionals, coaches, Institute trainers, and other real estate experts working with high-net-worth individuals in the world of luxury real estate.