Why Is Real Estate Risky?

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Presentation transcript:

Why Is Real Estate Risky? Image of success Meeting unknown prospects at properties Unfamiliar properties and at odd hours Sitting open houses alone Entering vacant properties Driving with strangers and multitasking in cars In the public eye Multiple ways to make contact Handling a lot of client’s personal information Who would harm me?

Safety Systems = Professionalism Safety systems demonstrate your professionalism. Prospective clients will appreciate and respect you for taking steps to ensure everyone’s safety.

Your Personal Safety Toolkit Smartphone Company policies Safety best practices Safety products Listening to your instincts

Property Showing Safety The riskiest aspect of real estate practice? Park at the curb. Carry only the essentials: keys, phone. CITO Do background checks. Never turn your back to a prospect. Office should know where you are, who you are with. Avoid spaces that could be traps. No showings after dark

Open House & Model Home Safety No opportunity to screen prospects. Model homes in isolated locations. Use the buddy system. Learn the property—inside and outside. Keep office, family, or a friend informed of your whereabouts and schedule. Inform the neighbors, ask for their help. Visitor sign-in. When closing up, never assume that the home is vacant.

Showing Safety for Sellers Staging for safety as part of listing presentation. Lock away valuables, drugs, weapons, family information including photos. Opportunity for thefts, predators? Virtual tours = virtual casing of properties. Extra security while on the market. Not every prospect, agent is who they claim to be.

Showing Vacant Properties Learn the house before you show it. Squatter inside? Leave immediately, call police. Angry former homeowner? Apologize for the disturbance, leave. Call lender, asset management company, or listing agent. Meet the neighbors. No after-dark showings.

A Handy Safety Tool: Ten-Second Safety Scan Take 2 seconds to scan and observe… Parking at your destination Stepping Out of your car Walking toward the property Approaching the Door Entering your destination Repeat when leaving the property Remember P-O-W-D-E-R

Office Safety Get to know workers in nearby businesses. Locked doors, unobstructed windows. Agent sign-in/sign-out board. Emergency contact information. Don’t leave purses, wallets, or small electronic on desks. Keep file cabinets locked.

Auto Safety Drive separately or be the driver. Keep car in top operating condition. Breakdown essentials in trunk. Know where you are going. Avoid aggressive drivers, road rage situations. No texting, multitasking while driving.

Parking Lot Safety Keys out, ready to open the car door. Unlock only the driver-side door. Check the back seat. Lock all the doors immediately and get moving. Car keys on separate ring from house, office keys.

Social Media Safety Keep business and personal separate. Watch what you say. Use privacy controls. Control friend requests. Don’t reveal too much information in profiles. Tweets are forever.

Fight or Flight? Depends on a combination of factors: Physical capability Proximity of the attacker Presence of a weapon Knowledge of self-defense

Escape the Situation If threatened—act decisively and escape unharmed. Don’t apologize or announce intention. Running away is as courageous as fighting back. Can you make an escape?

Should You Try to Defend Yourself? Fighting back: A conscious decision when escaping is not an option.

Should Your Arm Yourself? Personal choice. Comply with all state and local laws. Follow best practices for firearm safety. Learn to use the weapon for self-defense. Consider other options for self-defense weapons: Sprays, Baton, TASER.

Know Your State’s Weapons Laws Concealed or open carry? Registration and licensing? Types of firearms and ammunition allowed? Authorized sellers? Transporting a firearm in a vehicle? Gun ownership training? Gun-free zones and workplaces? Defensive sprays regulations?

Every Day Is Safety Awareness Day Talk about safety. Share what you have learned. Help your colleagues stay safe.

What safety best practices will you adopt as a result of this course? What Will You Do? What safety best practices will you adopt as a result of this course? 68

Resources Your on-the job safety is a top priority for the National Association of REALTORS®: www.nar.realtor/topics/realtor-safety Resources you can use today Develop your own best practices FREE

Thank you for participating in this course!