Think your prospects need to sell their home before they purchase a condo? Think again. In episode 11 of Condo Artist: The Other Side of Real Estate, condo sales strategists Uri Vaknin, Shahn Douglas and Mark Bunton explain why we sometimes need to toss conventional real estate thinking out the window.
Empty nesters are one of the fastest growing buyer demographics for condominiums, and it's often these buyers who have a difficult time selling their existing homes of so many years. In this enlightening episode, Uri and team first explain the psychology of "right-sizing" vs. down-sizing, then analyze why the traditional process of selling a home first is not always the best.
Uri tells the story of The Brookwood Buyer, and how a simple change in approach would have given an affluent buyer complete control over her real estate transaction, rather than the stressful, rushed experience it became.
Uri and team then explain exactly how to go about changing conventional wisdom, including:
- Investigative work on the part of the condo sales specialist
- Alternative ways of financing a new condo
- How this different approach can help your clients sell their home faster and for more money
- Examples of qualifying questions (for a more detailed review of qualifying questions, listen to the episode, Who Is Your Buyer?).
The goal of changing conventional real estate wisdom is to give your clients total control over the real estate process, including when and how they move. This will ultimately result in a fantastic, faster, and much less stressful condo buying experience for all involved.
This episode is brought to you by Juhl Las Vegas, loft-style condos located in the heart of vibrant, downtown Las Vegas. From the low $200s to over $1M. Learn more at JuhlLV.com.
This episode is also brought to you by One Las Vegas, luxury high-rise condos featuring two and three bedroom plus den residences. From the mid $400s to over $1M. Learn more at theonelv.com.
Questions or comments? We'd love to hear from you! Contact us at [email protected].