Following more than two years of turmoil brought on by the pandemic, a number of variables—chief among them rising interest rates and inflation—are coming together to eventually cause a decline in property values, on a state level, when compared to 2021.
However, leveling out does not imply falling apart, and this period of adjustment does not necessarily spell trouble. In reality, these transitions present many people with new opportunities.
For prospective purchasers who have been on the sidelines, the current period is unique because list prices are being driven down by the gradual rise in interest rates. While sellers should adopt a cautious stance and rely on their agent's expertise from data from prior years.
Realtor Megan Parker works for the prestigious Ron Sawyer Team at RE/MAX Prime. Although she was born in California, her family has lived in Hampton Roads for more than fifteen years. Her objective is to allay her clients' concerns and assist them in navigating a difficult procedure. She wants to make sure that after everything is said and done, they have a house they are eager to convert into a home.
Megan joins The Entrepreneurial Agent to discuss the power shift betwen buyers and sellers, what to expect if you're brand new to real estate, why you need to learn about your client's life and needs, and more.
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00:00 Introduction 1:21 How did Megan get involved in real estate 4:00 Keeping your clients insulated from the stress of the transaction 7:24 Why you need to learn about your client's life and needs 9:21 Real estate isn't a sales job its a customer service job 10:47 The differnence between working with buyers and sellers 13:01 The power shift betwen buyers and sellers 16:21 What to expect if you're brand new to real estate 20:37 Real estate is a business you need to love to succeed 23:48 Funny and interesting real estate stories 29:34 How to connect with Megan
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Connect with Paul
Website: https://vantagepointresidential.com/
LinkedIn: https://www.linkedin.com/in/paul-neal-47b8478/
Connect with Megan Parker
Email: megan@theronsawyerteam.com
Phone: 757-355-4880