New Real Estate Agents: 5 Must Avoid Deal Killing Mistakes

Real Estate Training & Coaching School

Business, News, Business News, Careers

4.7 • 669 Ratings

🗓️ 3 August 2022

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to the latest installment of New Real Estate Agent Mastermind. In today's presentation, you will learn the 5 Must Avoid Deal Killing Mistakes. Selling real estate in this market can be a challenge. Don't make it harder than it has to be by making one of these easily avoided deal killing mistakes. LIKE and SUBSCRIBE AND PLEASE LEAVE A COMMENT: https://bit.ly/3NXGxNb FREE REAL ESTATE SALES TRAINING AND COACHING: Enroll NOW, FREE Real Estate Coaching and Training: https://bit.ly/3aUimkh COMPLETE Show Notes and Podcasts: https://bit.ly/3twGrDX LATEST REAL ESTATE NEWS: https://bit.ly/3Obuhs2 EXP REALTY EXPLAINED: Tim and Julie Harris are one of the TOP EXP REALTY Sponsors in the world. We would love to be your sponsor at eXp Realty. Text TIM HARRIS directly to be sponsored by Tim and Julie Harris 512-758-0206. Our EXP Realty site: https://bit.ly/3NJTPwB * Completing the EXP Realty application now? Name JULIE HARRIS from Georgetown Texas as your sponsor! Watch this video: https://bit.ly/3QjYJCo and here is the application: https://bit.ly/3MKPw35 FOLLOW TIM AND JULIE HARRIS: Nations #1 Daily Real Estate Training Podcast: https://apple.co/3xJgofx YouTube: https://bit.ly/3NXGxNb Facebook: https://bit.ly/3twOBfM Instagram: https://bit.ly/3QjxdVF eXp Realty: https://bit.ly/3NJTPwB HARRIS Real Estate Coaching: https://bit.ly/3tvp0DI Our #1 international best-selling book: https://amzn.to/3tzHymr Free DISC Personality test for Realtors: https://bit.ly/3aUimkh MORE REAL ESTATE TRAINING VIDEOS YOU WILL LOVE: Peter Schiff Interview: https://bit.ly/3aXC1zN EXP Realty Explained: https://bit.ly/3mGBVyV Housing Bubble Popping?: https://bit.ly/3MK62A7 Housing Crash Survival Guide: https://bit.ly/3zxoyZD 5 Must Know Success Rules For This Market: https://bit.ly/3QeSbVv Real Estate Agent New Mortgage Rules: https://bit.ly/3zCjSld FAMOUS REAL ESTATE AGENT INTERVIEWS: 100s of interviews: https://bit.ly/3Qk85he Featuring: Fredrik Eklund: https://bit.ly/3NMDOpE Ryan Serhant: https://bit.ly/39fx6tx Jade Mills: https://bit.ly/3tvZQVC WHO ARE TIM AND JULIE HARRIS?: https://bit.ly/3mGOWbU "Our real estate journey began 30 years ago and we knew early on that we wanted to share our playbook to success. We've had the pleasure of transforming thousands of careers achieving success and financial freedom. We know what it takes and we're looking forward to meeting you so we can jumpstart your growth!" AWARDS: #1 Coaches in the Business by Inman #1 Podcast for Real Estate by FitSmall Business. #1 Residential Real Estate Podcast Motley Fool #1 Best Selling Real Estate Book: 500+ 5 Star Reviews, HARRIS Rules. amzn.to/3tzHymr EXP Realty Top .05% eXp Influencer. Alpha Group EXP Realty Copyright 2022, All Rights Reserved Tim & Julie Harris® Real Estate Coaching exp realty teams brokers exp realty coaching exp explained real estate investing

Transcript

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0:00.0	Welcome back to your new agent mastermind, and I am your host, Julie Harris.
0:12.4	Today we're going to talk about how to avoid these five deal killing mistakes for buyers' agents.
0:19.0	And these are things you might not have considered.
0:20.8	I'm going to try and save you from having to experience it.
0:23.4	Of course, you all know, and if not refer to my video about it,
0:26.9	about working with people who are actually either pre-approved or loan committed.
0:31.1	I'm talking about some other mistakes.
0:32.6	Number one, did you know that Homeowners Association payments actually affect the
0:37.4	buyer's qualification because it
0:40.1	affects their payment? And of course, all of those homeowners association fees will vary depending on
0:45.4	what you're showing them. You're used to looking for it on condos, but make sure that you're also
0:50.1	looking for it in regular housing subdivisions, whether they're new or old, having a homeowners
0:55.2	association now is very common. And it can kill your deal because it'll wreck the buyers ratio.
1:00.2	It'll change their payment, especially in an environment of higher interest rates where their
1:04.0	payments are already pushing their limits. Number two, if you're working with FHA or VA buyers,
1:09.8	remember that not all condos are actually able to
1:13.3	be financed. Even if they are brand new, they might not qualify. The property might not qualify
1:18.2	for FHA financing, especially if there's lots of investors or renters in there for both VA and
1:24.4	FHA. And did you know that a lot of houses are not really appropriate for an FHA or
1:29.5	VA buyer? Why? Because the appraisal is more strict. They don't want the buyer, whether they're FHA or
1:35.8	VA, to be buying a house where they're going to have to spend a bunch of money on repairs. So don't
1:40.7	show houses that are fixers or as is or anything like that to FHA or VA because you're
	...

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