šŸŽ Stand out with this unique closing gift!

These gifts not only leave a lasting impression, but also help to strengthen the relationship between the real estate agent and the client.

COOKEVILLE, TN (38501)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $407,250
AVG. PRICE/SQFT:Ā $203
AVG. DOM: 114
INVENTORY:Ā 102

COOKEVILLE, TN (38506)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $391,459
AVG. PRICE/SQFT:Ā $203
AVG. DOM: 92
INVENTORY:Ā 118

CROSSVILLE, TN (38558)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $444,450
AVG. PRICE/SQFT:Ā $207
AVG. DOM: 88
INVENTORY:Ā 48

CROSSVILLE, TN (38572)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $397,700
AVG. PRICE/SQFT:Ā $219
AVG. DOM: 98
INVENTORY:Ā 44

BAXTER, TN (38544)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $380,500
AVG. PRICE/SQFT:Ā $209
AVG. DOM: 99
INVENTORY:Ā 29

SPARTA, TN (38583)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $339,900
AVG. PRICE/SQFT:Ā $177
AVG. DOM: 242
INVENTORY:Ā 115

GAINESBORO, TN (38562)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $265,000
AVG. PRICE/SQFT:Ā $169
AVG. DOM: 108
INVENTORY:Ā 23

SMITHVILLE, TN (37166)
Slight Sellerā€™s Advantage

AVG. LIST PRICE:Ā $350,000
AVG. PRICE/SQFT:Ā $206
AVG. DOM: 153
INVENTORY:Ā 57

THE UPPER CUMBERLAND MARKET UPDATE

We compare the number of New Listings and properties Under Contract in 2022 to 2023.

JAN-DEC 2022

NEW LISTINGS:Ā 6184
UNDER CONTRACT:Ā 2719

JAN-DEC 2023

NEW LISTINGS:Ā 6273 (1.47% increase)
UNDER CONTRACT:Ā 2402 (11.7% decrease)

What do these numbers mean?
The real estate market is slowly picking up traction as new listings have increased by 1.47% compared to the previous year. This could have to do with rates decreasing. Properties under contract have decreased by 11.7% compared to the previous year. This could be due to reduced seller confidence or a decrease in available properties. Fewer transactions reaching the contract stage could be attributed to various factors, but with the number of new listings increasing, we could see a rise in properties under contract.

Agent: Kevin Broyles
MLS #: 221957
SOLD Price: $1,149,000
1895 Zeb Warren Road Cookeville, TN 38506

QUESTION:Ā How can I increase referrals?

ANSWER:Ā To increase your number of referrals, it's important to start by giving referrals yourself. By adopting a value-added approach, you can enhance your referral potential.

Instead of simply recommending someone, offer to personally connect them and provide special deals or treatment. Take their information and contact the referral, emphasizing the high service expectations. Ask if they have a REALTOR they refer to and express your interest in helping them with their real estate needs.

It's crucial to consistently program their recognition of referring clients to you. If someone doesn't reciprocate, it's acceptable to seek vendors who will refer clients to you, as it's part of doing business.

Use AI tools like ChatGPT, OpenAI, to enhance your social media and promote your listings.

šŸ¤–Here are prompts you can copy/paste & use today to promote your properties:

  1. Act like a realtor; create a social media post that promotes this stunning new property for sale in [Location].

    My ideal buyer profile is [target audience].

    This is a [type of property] that has [number] bedrooms, [number] bathroom(s), and is [number] sqft.

    Highlight this propertyā€™s unique features: [feature 1], [feature 2], [feature 3].

    Include emojis, relevant hashtags, and my contact information.
    Make this post engaging and interesting enough for potential buyers to want to learn more and contact me about a showing.

Etsy Seller: CasaBellaPortraits
11,849 Sales, 5-Stars

PRICE: $49.95
(before taxes and shipping)

Why are closing gifts important?
These gifts not only leave a lasting impression, but also help to strengthen the relationship between the real estate agent and the client. Additionally, closing gifts can serve as a reminder of the positive experience and excellent service provided by the agent, encouraging repeat business and referrals. Closing gifts are an effective way to leave a positive and lasting impression on clients, fostering a strong and ongoing client-agent relationship.

headshot
signatureDIRECTOR OF
COMPANY GROWTH
Skender-Newton Realty
office  931-261-9001
email  [email protected]
website  www.HeatherSellsHouses.com
address  769 Dacco Dr. Cookeville, TN 38506
visit our website  what's your home worth
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