Luxury Real Estate Lingo

AlpHBet Soup In an exclusive HouseHunt Арндвег webinar, Jack Cotton shared seven steps to be Successful in Luxury Real Estate. To help put you in a luxury real estate mindset, here are some key terms you should know, and their significance to overall success in this high-end market. LEARNING THE LINGO OF LUXURY REAL ESTATE HNWI US Ps High Net Worth Individuals Unique Selling Proposition In order to win over business from other luxury agents, you must offer customized plans appealing to specific needs of each potential client. This is your target market. Be sure to screen clients to make sure they are not fake wealthy. HNWI USPS. CMAS PA CMAS The Big Objection If a prospect protests your lack of experience, assure them of your limited real estate method, in which you only take a certain number of clients at a time in Comparative Market Analysis + Other Areas of Expertise Have a few areas of real estate (CMAS are a great one) where your expertise .really published in this arena and market all your successes. This will win shows. Be order to assure quality customer service. over HNWIS. CPA Certified Public Accountant + Other Gatekeepers High dollar clients will have attorneys, CPAS, trust officers, and investment advisors that you have to get through for access to the customer. Don't view them as obstacles, but'as friends that you get to win over first. This information collected from the HouseHunt exclusive webinar, How to Break Into the Luxury Market. For more information about how you can an exclusive HouseHunt territory, follow us on these platforms and visit us at HOuseHu com. www.HouseHunt.com.