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How to Properly Qualify Buyer Prospects in Luxury Real Estate

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Manage episode 354110891 series 3012659
Content provided by Institute for Luxury Home Marketing. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Institute for Luxury Home Marketing or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

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 funds
  • How not to cross the line with buyers and turn the situation uncomfortable
  • Why setting expectations with your clients is so important for a smooth transaction
  • Some useful resources that can help luxury real estate professionals pre-qualify buyers

Resources Mentioned During this Episode:

  continue reading

81 episoade

Artwork
iconDistribuie
 
Manage episode 354110891 series 3012659
Content provided by Institute for Luxury Home Marketing. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Institute for Luxury Home Marketing or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

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 funds
  • How not to cross the line with buyers and turn the situation uncomfortable
  • Why setting expectations with your clients is so important for a smooth transaction
  • Some useful resources that can help luxury real estate professionals pre-qualify buyers

Resources Mentioned During this Episode:

  continue reading

81 episoade

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