By simple explanation, "Fiduciary" applies to any situation in which a person places “Confidence” and “Trust” in someone else. Some examples are a doctor to a patient, a lawyer to a client, or a corporation to its shareholders. It is the relationship between two parties, where one entity has the... more
Strong communication skills are one way to increase your value proposition and outperform the competition. Your ability to instill confidence and provide guidance are traits the Luxury Consumer will appreciate and respect you for.
Here we talk about “Persuasive” phrases. Ones where you lead a... more
Confidentiality means “Keeping information you know about someone else to yourself” and only disclosing it to others with the consent of the person who owns it. In other words, respecting a person's privacy and the confidence in which they have provided information to you, and then not relaying it... more
A good percentage of modern real estate training is based on objection handling. These are scripts and dialogues that work to justify the agents value and participation. These can be effective, and they teach important and necessary principles of working with buyers and sellers. However, in luxury... more
Another best practice in your luxury real estate career is similar to “Confidentiality”, in that when you practice it you are respecting the best interest of a client. It is the concept of “Safeguard.” By definition, this means “A measure taken to protect someone or to prevent something undesirable... more
The luxury real estate market represents a significant opportunity. Never before has it presented so much potential. Every year, the number of Luxury Consumers continues to grow, and for those already in the category, the majority are getting wealthier by the day.
One opportunity that is... more
