The Role of Real Estate Agents in the Modern Market (1).pdf

janecarol1310 14 views 10 slides Jun 04, 2024
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About This Presentation

Emphasize the indispensable role of agents in navigating the complexities of the modern market


Slide Content

A presentation by janecarol
The Role of Real
Estate Agents in the
Modern Market
Understanding the Value They
Bring to Buyers and Sellers

Agenda
What you can expect in today's presentation
Definition of real estate agents
Brief history
Importance in today's market

What is a Real Estate
Agent?
Definition:
A licensed professional who arranges real
estate transactions
Represents buyers or sellers
Key Responsibilities:
Market analysis
Property listing
Negotiation
Paperwork and legal compliance

The Evolution of Real Estate Agents
Realtors are at the center of the transaction (90% of
consumers chose to work with a Realtor which is an
all-time high)
Consumers use Zillow to begin their experience and
find homes to buy with a Realtor
Brokers/MLSs own and control the sales data
Tech companies struggle to integrate with MLSs
slowing innovation
Commissions remain largely unchanged (3% has held
strong but is under more pressure than ever.)
Brokerages cannot be tech companies (Unit
economics don't allow it.)
The value of franchise brokerage brands are trending lower
Consumers find agents on social media or in their sphere
(Hence franchise brands are becoming less valuable.) Agents
have been forced to become influencers and pros on
Facebook, Instagram, and now TikTok. This might be the
biggest trend over the last several years that isn't talked about
enough. This put the power in the agents hands and took it
away from brokerages.
Consumer creative financing options have increased (Great
trend powered by fintech)
Real estate teams are growing in popularity because of the
support and lead generation they provide agents (Zillow Flex is
adding pressure.) I have mixed feelings on this trend.

Marketing and
Promotion in real estate
Social Media Marketing:
Utilizing platforms like Facebook, Instagram, and LinkedIn
Creating engaging content to attract potential clients
Online Advertising and SEO:
Investing in paid ads (Google Ads, Facebook Ads)
Optimizing websites for search engines to drive organic traffic
Professional Photography and Videography:
Hiring professionals for high-quality visuals
Creating video walkthroughs and drone footage
Staging and Presentation:
Using home staging to make properties more appealing
Enhancing property presentation to maximize value

The Modern Real
Estate Market
Technological Impact:
Emergence of online listing services
(Zillow, Realtor.com)
Digital transaction management
tools
Changing Consumer Behaviors:
Preference for online research
before contacting agents
Increased demand for transparency
and fast responses
Economic Factors:
Influence of interest rates and
economic cycles
Urbanization and changing
demographics

Client Relationship Management
Building Trust and Rapport
1.Importance of Customer Service:
Offering personalized service to meet client needs
Maintaining regular communication and follow-ups
2.Personalized Service and Client Satisfaction:
Tailoring services to individual client preferences
Ensuring a smooth and positive experience
3.Handling Disputes and Maintaining Professionalism:
Resolving conflicts efficiently and fairly
Upholding professionalism in all interactions

About Us
In order to make a difference, we knew that gathering a
teamof knowledgeable data and marketing professionals
was essential.
we are proude to say that our team of data and direct
marketing manager have combined experiance of over 13
years in the industry and passion for all things data and
direct marketing.
we understand that client use this data to engage with
customer and make important business decitions and
therefore strive to ensure it is as accurate as possible.

CONTACT US
Official website : www.mailingdatasolutions.com
Email us : [email protected]