listing presentation 1235 w. george

8/14/2019 Listing Presentation 1235 W. George

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About You & Your Home

About @Properties

About Beth Repta

Market Update & Summary of Analysis

Marketing Strategies to Sell Your Home

Process of Putting Your Home up for Sale

Summary


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About You and Your Home

Why are you considering selling? What made you buy this home?

Likes/Dislikes about your home?

Architect and/or Builder?

Anything Special about this home I should know?

What are your goals for your sale?

What makes a good real estate selling experience?


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Michael Golden and Thaddeus Wong

Two award-winning real estate agentswith a shared vision for a firm that wouldset a new standard for professionalism.

Professionalism is at the root of

everything we do. From the marketingmaterials to the negotiation of contracts

the founders


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Founded in 2001 Operates 5 Offices

700+ Agents (and growing) operating throughout entireChicagoland area

@Properties Statistics Average 57 Days on Market 4,674 # of Closed Transactions 40% of @ Transactions were with another @ Agent Total @Properties Closed volume $1.75 Billion

What Sets @Properties Apart from the Rest? Unparalleled Marketing

Broker Relationships/Networking

Support Staff


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Expert in Analyzing Comparable Properties Due to 5+ years in analyzing real estate for Walgreens Corporate Understands numbers/trends Ability to utilize comparables as negotiation strategy

Proven Track Record in 2008 4011 N. Francisco Under Contract > 60 days 1169 W. Madison Under Contract > 30 days w/multiple bids 818 W. Aldine Under Contract > 20 days 3232 N. Halsted Under Contract > 20 days

Excellent Presentation Skills Make a point of learning important details about your home No

question left unanswered Friendly approach

Organization and Communication

About Beth Repta


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Recent Sales 908 N. Sheridan, Evanston 2235 W. Lawrence, Chicago 9413 N. Lockwood, Skokie 240 E. Illinois #1307, Chicago

2921 N. Lincoln Ave #401, Chicago 1100 N. Lake Shore Drive #11A, Chicago 1255 S. State #1011, Chicago 1224 W. Van Buren #321 4011 N. Francisco #405, Chicago

1169 W. Madison #3W, Chicago 818 W. Aldine #2, Chicago 2750 N. Wolcott #3, Chicago 2210 W. Wabansia #309, Chicago 7206 W. Wellington #301, Chicago

1232 N. Candlestick, Waukegan 3232 N. Halsted #D910 1224 W. Van Buren #313

About Beth Repta

Current Listings 2341 W. Cullom, Chicago 3706 W. Drake Ct, McHenry 61 W 15th #502, Chicago 1224 W. Van Buren #819

1224 W. Van Buren #620 1224 W. Van Buren #522 1224 W. Van Buren #301

Current Developments 1224 W. Van Buren West Loop 3030 N. Broadway Lakeview


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Testimonials Beth is someone who is always concerned with your feelings and needs. She was excellent about followingup with every question I had and when it came time to close I was not worried at all, because I knew thatshe had everything covered (which she did). I was a first time home buyer and she made the processsimple, fun, and enjoyable. She has now become a good friend that I will definitely use in the future. ~ BenFarster

I stumbled upon Beth Repta by accident, when I thought I was calling the listing agent for a particular condo.This was my first time even looking at homes, so I didnt know the difference between a buyer's agent and asellers agent. Well, I am certainly glad that Beth became our buyer\'s agent because working with her wasgreat. She was always willing and able to show us new properties that we found, or that she found herself.Her upbeat personality and sense of humor, combined with her knowledge of the industry made even thelongest string Saturday afternoon showings enjoyable. Anyone would do well to choose Beth Repta as theirreal estate agent. I will be sure to pass along her name, and @properties in general, to friends and familylooking for an agent. ~ Dan Swiatek

Beth Repta helped with every aspect of my condo purchase, from finding great places to look at tosuggesting a company to help finance my purchase and everything in between. She helped immensely withnegotiations, thoroughly explained the buying process and answered all my (many) questions. Beth evenjumped in and handled everything, including going on the home inspection, just before my closing because Ihad to go out of town. I can\'t recommend Beth Repta highly enough! ~ Kim Profant

From the first meeting, Beth displayed poise and professionalism. She was very invested in finding the right

house for us, not just any house. With patience and care, she selected houses for us to see, because shetook the time to get to know us. She worked diligently even after we had the keys to our new home,checking in to make sure we were completely satisfied. Should we ever decide to sell our home, we willabsolutely use Beth again. ~ Jeffrey Wood

About Beth Repta


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Market Update A National Look

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Phoenix - AZ PHXRLos Angeles LXXR

San Diego SDXR

San Francisco SFXR

Denver DNXR

Washington WDXR

Miami MIXR

Tampa - FL TPXR

Atlanta - GA ATXR

Chicago CHXR

Boston BOXR

Detroit - MI DEXR

Minneapolis - MN MNXR

Charlotte - NC CRXR

Las Vegas LVXR

New York NYXR

Cleveland - OH CEXR

Portland - OR POXR

Dallas - TX DAXR

Seattle - WA SEXR

Case Schiller Home Price Indices Top 20 US Metro Areas

A 20 Year Look

Chicago did not rise as fast as other cities and therefore will not decline like other cities


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Market Update Your NeighborhoodMedian Price for 60657 3 Bedroom/2 Bath for past 6 months

Over past 3 months there has been a drop in median price from $504k to $485k ANDalso a drop in units sold from week to week


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Market Update Your Neighborhood60657 Supply & Demand # Units 3 Bed/2 Bath for past 6 months

So far in October, according to the MLS1 property U/C

While this chart shows that inventory is dropping (meaning slightly less competition) there is stilla large variety for buyers to choose from. In addition, while the competition is dropping, so arethe number of properties that are going under contract AND closing.


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Market Update Your Neighborhood60657 # of Properties Under Contract 3 Bed/2 Bath for past 6 months

In September, there is a significant drop in properties going under contract and thattrend has continued to decline. While some of these trends are seasonal, they arealso representative of the economic conditions.


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Market Update Your Neighborhood60657 Average Days on Market for Under Contract Properties3 Bed/2 Bath for past year

The Average Days on Market has increased significantly when compared to Nov. 07.This indicates a longer time on the market; however, the right pricing strategy mayhelp to decrease this time.


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Market Update Closed CompsComparables Closed in your Development

1235 W. George - #112

Date Under Contract - 9/25/08Closed Date - 10/28/08Sales Price - $530,000List Price - $549,000Sales Ratio 96%Days on Market 154 Days

Notes on Unit #112

2 heated garage spaces

3 Bedroom NEED TO FIND OUT IFTHEY BUILT ANOTHER BEDROOMAND WHERE


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Market Update Closed CompsComparables Closed in your Development

1235 W. George - #105

Date Under Contract 8/29/08Closed Date - 10/03/08Sales Price - $651,559List Price - $700,000Sales Ratio 93%Days on Market 26 Days

Notes on Unit #105

2,900 sq ft floor plan more squarefootage4 Bedroom/2.1 Baths


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Market Update Active CompsComparables Active in your Development

1235 W. George - #104

List Price - $549,000Sales Ratio 96%Days on Market - 155

Notes on Unit #1052 heated garage spacesSmaller bedroom sizesTight Master Bath

Large KitchenCustom Lighting & Staircase2500 Sq Ft.


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Marketing Plan 1235 W. George

Median price has decreased over past 6 monthsWhile supply has decrease slightly, it is still a very competitive environment with 99 comparable propertiesfor saleThe number of units sold and units under contract has decreased within past 6 monthsAverage Days on Market has increased, taking longer to sell

Comparable Units that have recently closed are listed around high $500k low $600k in yourneighborhoodActive Unit in your development

Suggest Price Range:

Summary of Analysis


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Marketing Plan 1235 W. George

Take photos to post on MLS and post on all real estate websitesPost new photos on all websites and also include lifestyle shots of area amenities (gyms, restaurants,shopping, pub. transportation, etc.)E-blast sent to database with over 4,000 potential buyersMarket to Chicagoland brokers AND heavy in-house marketing to @properties agents

For Sale sign w/New Text ProgramPrint ad in TribuneMarket to first time buyers by postcard mailings, in-house marketing, e-blastsHost a broker open and one open house per month

Action Plan


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Visit #1

Listing Presentation/Review of Current Market TrendsVisit #2 Firm Proposed List Price

Prepare for Sale Walk Through Make To Do List Interview of Home Details Outline of Customized Marketing Plan w/Timeframes Sign Listing AgreementVisit #3 VHT For Sale Sign

Marketing Plan Execution

Process


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Summary

Dedicated Agent Professional Organized Dedicated

Proven Power of @Properties

Polished, Established Brand in Chicago Real Estate Marketing IS Second to NONE

Power in Numbers Mass Communication Customized Marketing Plan


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listing presentation 1235 w. george

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