Thursday, 10/5/2006

We had our weekly sales meeting in the morning. Some potential deals are in the works at the office, some listings and some price reductions, nothing outstanding. I was able to inform everyone about my upcoming meetings and potential listings so that was encouraging.

Todd and I reviewed property valuation using Metroscan and the MLS system finding comparable property sales in the vicinity of two properties I am looking to list this in the coming week. The best approach is to look for properties as similar as possible to yours that have sold in the previous 6 months (up to 1 year if necessary). Luckily we were able to find a few properties that had sold and a couple whose listing expired which will allow us to provide an up to date and accurate price range for the property.

We were supposed to have a meeting with a perspective seller at 3, but there was a miscommunication and we have had to reschedule for Monday. It was almost my first face to face meeting with a seller, but I guess I have to wait till Friday to accomplish that.

Tomorrow I send in my application for the St Louis Association of Realtors so I have my own access to the MLS and other informational databases.