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Real Estate Practice - 20 (Understanding-Answers)

admin 2019.04.15 22:15 Views : 315

Check Your Understanding-Answers

  1. What four categories of information are important for you to collect from your prospects? 

    Demographics 
    Current information 
    Needs and wants 
    Financial information

     
  2. Define "qualifying the buyer." 

    The process of correlating the buyer's needs and wants with his or her actual financial capacity to buy.
     
  3. What should you do before you show any properties? 

    Prepare by determining your approach and then making notes about the specific features you want to showcase at each property.
     
  4. What is an important technique that allows buyers to see themselves in the home? 

    Asking who, what, where and how questions for each room and feature of the home.