Challenges Real Estate Agents face

High School ・Business ・APA

Leadership Challenge as a Realtor

Real estate agents experiences many challenges as they meet with special clients on the frequent basis that may have opportunities as well as drawbacks. As a realtor, one of the biggest leadership setback one might face includes the low property appraisal that is a barrier to efficient completion of the residential real estate transaction. It becomes uneasy to handle demanding clients who disagree with the price regarding their homes and can take the recommended listing and run away with it as they may be thinking that their home is worth more of what has been suggested. The client may face uncertainty, nervousness, stress, or excitement which can lead to misconception over the price. Also, the mortgage lenders may not provide the home loans that will suit the borrower’s means and choices. The low property appraisal can result from the unfavorable market conditions that one cannot control.

Goals for Overcoming Price Disagreements

As a realtor dealing with such challenging situations, there are several goals to set that will ensure success in solving the issues regarding a disagreement over the prices of homes. Firstly, it is paramount for other realtors to understand the varying personality types of clients to come up with means to ensure the provision of valuable advice to the sellers or buyers of a home on the market conditions that can make a significant influence towards the outcome. Secondly, educating everyone on the devastating consequences that result from overpricing homes and providing relevant statistics to mortgage brokers will enhance lending of money in a timely way. Thus the solution to overcome this problem will depend on quick thinking and decision making, providing valuable information and proper wording. The realtors should make their brand together with principal relevant and updated.

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