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Increasing the Value of Real Estate Professionals One Offer at a Time

July 22 2014

moving boxes familyThe purchase of a new home is a milestone in anyone's life. Whether it's your first home or your fifth, the excitement never fades. Neither does the cost of moving. A study by the National Association of REALTORS® found that movers spend, on average, $9,000 on goods and services during their move.

While expenses increase, brand loyalty decreases. Epsilon's 2012 Movers Report shows that movers are twice as likely to switch brands as non-movers. The categories with the highest rate of change are home internet, followed by television and insurance. In the middle of a move, people are looking for the best deal possible, especially since they're likely to rack up $9,000 in additional expenses. A company that offers a discount on the same product or service as a mover's current supplier is more likely to make the sale during the moving process.

In the real estate business, these buyer behaviors are great to know. It's the real estate professionals that recognize the needs of their clients beyond just the purchase or sale of their home that have seen a payback in their own business.

Home buyers and sellers are in contact with their real estate agent more than anyone else during their move, affording agents a unique opportunity to deliver value in the eyes of their clients. What brokers should be looking for today is a way to tie their agents' value to the needs of buyers and sellers.

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