An Overview of Greg Hague and Real Estate Mavericks
According to an article published on Forbes magazine, Greg Hague has played major role in the residential real estate sector for more than 30 years. Hague, the founder of Real Estate Mavericks, is an entrepreneur based in Scottsdale, Arizona, is also a lawyer, author, and also a law professor. He is best known for shaking real estate industry where he has created a number of real estate companies that are famous across the U.S. Hague noted that the general process of selling residences has not changed over the last 75 years.
According to him, Amazon strategies are not applied when selling real estate. After conducting his research, Hague found out that home sellers are losing between 3-8 percent of the price of the homes due to current inefficiency. People are still using traditional methods where real estate agents are consulted and erects a sign on the property, the home is placed in MLS, a few ads are made, open days are held, and then a buyer is found. Hague thinks this strategy should not be applied in the 21st century, and compares it to a grocer who places a loaf of bread on the shelf.
Hague says it more sophisticated to launch an iPhone costing $500, than to place a home worth $500,000 on the market. He intends to turn things around in this sector using his latest venture, Real Estate Mavericks. This is a real estate coaching firm, where Hague has developed crucial steps and formula that home sellers should follow when placing their property on the market. Real Estate Mavericks will educate home sellers on the process and steps that would increase demand on their property because according to Hague, the value of a property is determined by the time it has stayed on the market.
One of the step contained in the 22-Step Home Launch Formula, is to follow a set sequence before erecting a yard sign and also before placing the home on MLS. The listing agents will use marketing strategies like amazing home at remarkable price coming soon, to attract the attention of potential buyers and increase the demand of that property. Hague says that buyers tend to pay more for homes when they are exposed out there for all to see.
Greg Hague is a real estate expert who has worked in this industry for 35 years. So far he has build several real estate firms that are among the best performers in the United States. Hague is ranked among the top agents dealing in luxury homes. Previously he served at Wall Street Journal as a real estate specialist and has trained more than 10,000 top real estate brokers in the U.S.