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Tim Brooks from the Brooks Group at Keller Williams Realty presents an overview of the real estate transaction process. He outlines the deal flow in two main phases: the sales process and the contract to close phase. The sales process includes meeting clients, prospecting, negotiating, and ratifying contracts. The contract to close phase encompasses the period from contract ratification to the closing table. The overview highlights the transaction deal flow, noting that the seller's portion generally has fewer steps compared to the buyer's portion.