Blog / Three Tips to Keep You Afloat for the Summer Real Estate Market in 2017
Jun-15-17

Blog

Three Tips to Keep You Afloat for the Summer Real Estate Market in 2017

Every year as the summer season approaches, realtors jump with joy. The summer signifies much more than just exceptional weather if you’re in the Real Estate business. This particular season has been known to show an influx of activity during the months of April, May or June according to the National Association of Realtors in their report indicating the top 10 dates for home listings in 2016. It is imperative to be prepared with your best skills and strategies for the summer and to be ready, here are three essential tips to keep you in the game.

 

1. Stay in Touch With Contractors

 

The property shortages that took place in 2016 created a category of buyers that became hesitant in their search. As a result Realtors had a difficult time following through with potential clients. According to a recent Deloitte report, homebuilders’ confidence continues to rise, and housing starts are predicted to reach 1.5 million in 2017 up from last year’s 1.3 million. However, as inventory is still scarce, developing strong connections with contractors will keep you aware of new listings and help to ensure a steady stream of properties for the season.

 

 2. Don’t Forget About Previous Clients

 

It is important not to let new clients distract you from previous relationships. It is important to stay in touch with past clients and remain in contact, share information with them that you gain which would be perceived as valuable and make it obvious to them why they enjoyed working together initially. One of the most beneficial ways to draw in new business is through referrals, so the greater of an impact you have on your clients and are able to maintain, the more likely it is that you will see repeat business through them and their networks alike.

 

3. Make Technology Your Friend

 

As many realtors try to avoid technology, by doing so they don’t realize truly the hindrance they are placing on their own success. The benefits of technology from field to field are endless, and it is important to be aware of all the different tools that will aid in the buying and selling processes. Different services such as 3- D home tours, paperless systems, and rapid digital transactions like e-signing can help differentiate your self from other realtors and make the process easier for clients.

Inspired by Kris Miller - https://www.inman.com/2017/05/17/four-tips-surviving-summer-real-estate-market/