Watch this latest video from Nick Fong to see what is the seasonal affect on real estate and how summertime is so active in Baja California Sur. Nick is the founder and broker of Ronival Real Estate, which is now the fastest-growing real estate firm in all of Mexico. And since he’s been running his brokerage since 2010, he really understands market seasonality first hand.
After learning about real estate market seasonality from the source, discover some of the great real estate tips Nick has shared in recent months. He really knows his stuff. And, he loves to share his rich advice. Therefore, read on to learn from Nick Fong himself to ensure success in real estate.
Seasonal affect and why summer is so active
As Nick Fong says in his short video, the seasonal affect in the Baja real estate market is happening right now – August 2022. Being that it’s currently summertime, there’s a summer affect in the real estate market. In most real estate markets that are not dominated by second-home purchases, the summer is quite an active time.
In Baja California Sur, it’s just the opposite. It’s typically slower, with fewer buyers. And if you’re a seller, your property will stay on the market for a little longer period of time.
The good new is this: The winter affect happens in a big way. That is when Baja California Sur has their high season. As such, there are more buyers and less market time. If you’re a seller, you’ll be able to sell your property faster.
How to become the best Real Estate agent in your region
The solution to becoming the best real estate agent in your region is actually quite simple. “We” are stronger then “I.” To explain, when you’re selling real estate, the power of “we” will get you much further than the power of “I” or “me.” That means, when you use your team effectively, you’ll get further quicker.
An individual sales agent has limited experience – some more, and some less. But when you’re working with a team of other real estate agents, your peers, you’re learning from their experience. That’s how it becomes the power of “we.” You’ll gain great support when working with a team of real estate professionals. That support will help launch your real estate career much faster than when you just try to do it on your own.
What is the best virtue of a real estate agent?
Starting with sellers who test your patience, they will challenge you while selling their homes. As examples, sometimes they won’t furnish their property for sale. Then, they may not repair all damages to their house or condo. Finally, they have those pesty renters occupying their property when you try to sell it. So keep in mind that patience will always pay off. On top of that, know that your competition usually lacks patience. That’ll provide you an advantage.
Although it seems obvious, patience really is one of the best virtues a real estate agent must have. Being patient with your prospects and clients will always put you on top. But of course, it’s really tough. When your prospects and clients take you through property after property, and they still don’t make a solid decision, your patience will run thin. But don’t let that happen. It really is what separates the successful from the unsuccessful.
Work With Ronival Real Estate
Ronival Real Estate has helped thousands of buyers and sellers across Los Cabos since 2010. If you’re interested in Cabo Real Estate, our team can assist with everything from showings and negotiations to closing and property management. Have questions? Contact us here or call +52 (624) 227 5766.