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Tim Brooks from the Brooks Group at Keller Williams Realty presents an overview of the real estate transaction process, detailing two main phases: the sales process and the contract-to-close phase. The sales process encompasses initial client meetings, prospecting, and negotiating until a contract is ratified. The contract-to-close phase covers everything from contract ratification to the closing day. The transaction deal flow outlines that the seller's side generally involves fewer steps compared to the buyer's side. This comprehensive overview illustrates the key stages involved in real estate transactions from start to finish.