selling your home
DESCRIPTION
The Angel Team guide to selling your house.TRANSCRIPT
SELLING YOURHOME
Gerry Angel!! ! Keller Williams!! 914-263-7168
• Opened first Westchester County office in January 2006 (in White Plains)
• Top 1% listing and sales office in Westchester/Putnam Counties• Over 110 local real estate professionals specializing in their
respective communities• Unmatched local training and consulting • Agent Leadership Council (“ALC”) – an agency built by agents
for agents and their clients/customers.• Fastest growing national company also fastest growing in
Westchester and Putnam Counties.
3
MY BUSINESSWorking in concert, Gerry, Colleen and Emily are passionate and committed
professionals whose ultimate goal is to provide their clients with first class service.
Their attention to detail, listening skills, staging experience and negotiating acumen
continue to win them completely satisfied clients. This commitment to excellence has
gained them respect from colleagues and clients alike. They take seriously the mantra
of service, integrity and honesty.
Experienced in selling various types of properties and homes, small and large but
specializing in luxury homes and vacant land. Clients include builders, investors, first
time homebuyers, down-sizers and single family end users.
• I protect your home
• I am well respected in real estate. I have outstanding reviews of my past work from both
clients, their lawyers and their mortgage brokers.
• I have and always will develop mutually respectful relationships with my colleagues and
competitors but I will never let my clients be taken advantage of by other agent’s negotiation
techniques. I successfully maintain the balance between professional respect and protecting
my client’s interest.
• I am flexible with your needs. I customize your home’s marketing plan, open house schedule and appointment calendar to your priorities.
• I work hard to stay abreast of all real estate issues by attending educational seminars
and networking with professionals in related fields.
ASKING PERCENTAGEAs the triangle graph illustrates, more buyers purchase
their properties at market value than above market value.
If you price your property at market value, you are
exposing it to a much greater percentage of prospective
buyers and you are increasing your opportunity for a sale.
Importance of Intelligent Pricing
+15% 10%
+10% 30%
Market Value 60%
-10% 75%
-15% 90%
WEEKS ON MARKET
•Timing is extremely important in the real estate market.
•A Property attracts the most activity from the real estate
community and potential buyers when it is first listed.
•It has the greatest opportunity to sell when it is new on
the market.
0
10
20
30
40
Weeks On Market
ACTIVITY
BUYERS AND SELLERS DETERMINE VALUEThe value of your property is determined by what a BUYER is willing to pay
and a SELLER is willing to accept in today’s market. Buyers make their
pricing decision based on comparing your property to other property SOLD in
your area.
What You WantWhat You Paid What You Need
What Your Neighbor Says
What Another Agent Says
Cost to Rebuild Today
It is very important to price your property at competitive market value at the signing of the listing agreement. Historically, your first offer is usually your best offer.
PRICE IT RIGHT
Do you want to lead the market or follow? I will create a Comparative Market Analysis for you. This will allow you to see what similar homes are currently selling for. We will then consider any additional features that may add or subtract value to your home. This will decide an appropriate price.
INCENTIVES
We should discuss providing an incentive to Realtors. A home that offers an additional bonus is not easy to forget. Real estate agents are working in a tough market and will work to sell a home that offers a bonus. You could provide the buyers their own incentive. You could buy down an interest point.
STAGE IT PROPERLY
Please review the “Preparing Your Home” section of this presentation to see how to successfully prepare your home for appointments and Open Houses. Once your home is organized, spotless and appointment ready I will take photos to capture your home’s full quality.
THE INITIAL PLAN
These are the initial steps
we take to market your
property then after
discussing your priorities
we can further
customize.
PRICE IT RIGHT
INCENTIVES
STAGE IT PROPERLY
Begin Process Market Research
Listing Signed
Office Office Tour Broker’s Tour
Multiple Listing MLS Members
Contact Prospects
Showings
Open House
Offer Received
Counter Offer Offer Accepted
Transaction Processing
Inspections
ACCEPTANCECongratulations, you’re on your way to having your property sold!
REJECTIONUnconditional... unfortunately, your home is still on the market.
COUNTER OFFERAny change to the contract constitutes a counter offer. You are not in the renegotiation
stage.
NO ACTION
Equals rejection. Your home is still on the market.
PREPARING FOR THE OFFER
In slow economic times, offers to purchase routinely come in “low” whereas in healthy economic times, offers are closer to the asking price.
Do not be offended by an offer received.
Be offended by buyers who tour your property and don’t submit an offer.
INSPECTIONS
INSPECTIONS AND POTENTIAL REPAIRS ARE THE NUMBER ONE REASON SALES DON’T CLOSE. TYPICALLY, BUYERS HAVE A CERTAIN NUMBER OF DAYS IN WHICH TO
INSPECT THE PROPERTY AND ACCEPT OR REJECT THE PROPERTY BASED UPON THESE MECHANICAL AND STRUCTURAL INSPECTIONS.
Save Yourself Time, Money and Disappointment-
Do Deferred Maintenance Now!
SELLER
SEES THEIR HOUSE
INSPECTOR
SEES THE HOUSE
BUYER
SEES YOUR HOUSE
Home Warranty Plans go a long way to alleviate some risks and concerns. For a modest
price, the seller can provide to the buyer a one year warranty covering specified heating, plumbing, electrical, water heater or appliance breakdowns.
Coverage under most plans commences at closing. In all cases, there are important limitations and
exclusions (example: appliances/systems must be operative at commencement of coverage).
Transaction Processing Contracts Signed
Processing
Rejection Mortgage Company Credit Report
Appraisal
Verifications
Underwriting
Loan Approval
Title Company
Assemble Papers
Closing
Home Sold!
WHERE WE MARKET
When you are ready for the listing to become active we immediately enter the property into the Westchester/Putnam Listing Service. This puts your home in
front of 8,000 real estate agents. Additionally, the MLS immediately distributes the home to several other sites including Realtor.com.
Your home is also entered into the KWLS (Keller Williams Listing System). The KWLS offers a national and Canadian MLS system. The home is then
available for Keller Williams agents from Quebec to California. From the KWLS the listing branches to hundreds of websites.