The Three R's of Real Estate

When you hear someone refer to the three R's, your mind probably thinks "reading, 'riting(writing) and 'rithmetic(arithmetic).

As Earth Day approaches tomorrow (April 22, 2009), another "the three R's" comes to mind as well - "reduce, re-use, recycle."

You can look at lots of things in life and business and coin your own set of "the three R's" for the situation. In real estate the convoluted and seemingly complex process can be simplified to...

A seller may break it into

• Readying: Curb appeal, de-clutter, staging, preparation, cleaning etc.
• Receiving: Accomodate prospect schedules, keep clean, receive offers, etc.
• Relief: Sold! You can sell - even in a buyer's market!

A buyer may break it into

• Readying: Loan approval, location selection,identify needs, set time line, etc.
• Reviewing: Research listings, see the appropriate prospective homes, etc.
• Rejoicing: Closings do happen!

Each one of these sets of "the three R's" should have a fourth "R" - a real estate professional. Whether buying or selling, the process can look daunting and is not nearly as simple as the three R's. However with the right team of professionals, it can be as easy as the three R's.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, serving buyers and sellers in the Viera and Rockledge areas of the Florida Space Coast.