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Tim Brooks from the Brooks Group at Keller Williams Realty presents an overview of real estate transactions. The process is divided into two phases: the sales process and the contract to close phase. The sales process includes meeting clients, prospecting, negotiating, and ratifying a contract. The contract to close phase covers the period from contract ratification to the closing table. The transaction flow is illustrated with the seller's steps on the left and the buyer's steps on the right, highlighting that sellers typically have fewer steps in the overall transaction.