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In this tutorial, Tim Brooks from Keller Williams Realty provides an overview of the real estate transaction process. He explains that the transaction can be divided into two main phases: the sales process and the contract-to-close phase. The sales process involves meeting with clients, prospecting, negotiating, and ratifying a contract. The contract-to-close phase covers the time from contract ratification to the closing of the deal. The video highlights the deal flow for both the seller and the buyer, indicating that the sellers typically have fewer steps in the transaction compared to buyers. Tim aims to give a comprehensive view of the entire real estate transaction from start to finish.
