How is a real estate transaction like a football game?

How is a real estate transaction like a football game?

Who is ready for some football? Football season is upon us and for some this is an exciting time of year!  For many, football season means cheering for your favorite team, enjoying the game with friends & family, good food, cooler weather and even attending a live game.  The real estate transaction can be a lot like a football game.  Successful real estate transactions, like football games, are the product of many players, coaches and other people behind the scenes that play a role in their team’s success.

Team:

In football, there are 2 opposing teams on each side of the field, and on the sidelines are the coaches.  In real estate, you have the Buyer team and the Seller team.  On the sidelines are the Coaches - the Real Estate Agents.

Real Estate Agent/Coach:

Like many other professions, successful agents in the game are extremely competitive.  Even the opposing “Coaches” have the same mission but may employ different methods.  The Real Estate Agent/Coach will instruct and motivate their players throughout the game.

Huddle up:

This is what the Real Estate Agent does with their clients during negotiations when figuring out what to offer or counter offer on a home.

Fumble: 

A Real  Estate Agent will make sure not to "fumble the ball" during the transaction and keep their head in the game on all of the contractual deadlines.

Tackle:

This is what a professional Real Estate Agent does if unexpected situations should arise like appraisal shortages, home inspection conflicts, repair requests or closing delays.

The other team: 

This is the Real Estate Agent and his or her Clients on the other side of the field.  Just like in football, it is important to play nice and show professionalism throughout the game.

The quarterback: 

In football, the QB is not only a key decision maker but has the ability to make timely plays and efficiently manages impromptu adjustments.  They have a big responsibility and directly impacts the outcome of each play.  In real estate, the Mortgage Lender is the QB- and the MVP of every successful transaction.

Referee:  

The Title Company "calls the plays" and makes sure all the facets of the transfer of ownership for both teams is done contractually and legally, that way everyone can make a touchdown at the closing table.

End-Zone Celebration: 

What you do when you close your transaction!

Fans:

These are the buyers and sellers. The goal is of any real estate professional is to turn each client into a raving fan that will continue to support their business with referrals of their friends and family.

If you are looking to have a professional team on your side for your real estate needs, contact the Stacey Feltman Group Today!