We see so many seminars for first time buyers. Everyone and their assistant it seems has a seminar for first time buyers. They bring in a mortgage pro, perhaps an inspector, and talk about the issues that people face the first time they buy a house.
I think it is a great idea.
There are a lot of potential pitfalls, and it is a event. Aside from the fact that the buyer is going to live in this property for years to come (we all hope), there are financial and tax implications as well.
First time home buyer seminars are a great way to spread that information.
But what about first time home sellers?
Seriously. Ok, they have obviously experienced a transaction from the other side, but it is different.
There is more too it than calling up an agent and waiting for a contract. If there is interest, I might consider hosting a seminar for first time home sellers to teach them how to maximize the price, minimize the market time, and have a smooth transaction.
- Inspector
- Stager
- Real Estate Agent
It would focus on learning the process in order to make sure that a home seller's expectations were realistic and that they would be met or exceeded.
Interested?
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I'd love to hear from you...
Lane. I like the idea so much I think I'll do it. Thanks.
Bill Roberts
This would be a great idea, Lane! For all the reasons you've mentioned in your post, all first-time sellers would be beating down your doors to get in on that seminar.
~Renae
Lane,
I really like this idea. Sellers, even those who have done multiple transactions, can benefit from education in the process.
I think it is particularly valuable when someone is selling in an area where they haven't sold before.
Every once in a while, I write something and it shocks me to no end how much attention it gets... This is one of those posts. Thank you all very much for responding.
Bo - Great ideas. I think Marlene has a good point, too. I will have to figure out the balance there.
Marlene - I will indeed let you know.
Ryan - You seemed shocked... I have good ideas.
Shannon - Yes there are.
Patricia - I think that is exactly it.
Gary - You have my permission. Of course, I want to know how it goes.
Bill - Be sure to let me know how it goes.
Melina - You have a very good point.
Larry - That is my biggest fear. I would hate to spend a pant-load of money getting everything together and then not have anyone show up.
Renae - I would hope...
Mike - With the exception of people that do this all of the time, there is always more to learn.
Tina - I think that a more educated consumer gets better results and is easier to work with... regardless of their role in the transaction.
Darleen - I agree.
Lane,
Glad I came across your blog. I had recently written a blog asking if anyone had tried this and what kind of results they had. I am preparing to do this type of seminar out here in AZ and am very interrested in ideas as to what to include, how you plan on advertising, etc. I never thought I would ever hold a seminar but things are interesting, to say the least, out here and if I can bring in some people who will listen about how to properly price and list a home I believe we could have a really god success rate.
Please let me now your thoughts, everyone.
Alright folks. It's been more than three years since Lane's original post. How many took this idea and ran with it? What are the success and pitfalls? Do Home Sellers find these Seminars useful? For those that produced one of these, were they all free? Did you run them out of your real estate office? Did you have guest speakers? What was the running time? Did you repeat the program?