the most comprehensive approach to selling your home
TRANSCRIPT
The Most Comprehensive Approach to Selling Your Home
Gary KellerChairman Of The Board
About KELLER WILLIAMS® Realty• Founded in Austin, Texas, on October 18, 1983.
• “Most Innovative Real Estate Company” — Inman News.
• 80,000 + real estate consultants.
• 785 + offices in the U.S. and Canada.
• 2nd largest real estate company in North America.
• Excellence in real estate consultation training.
Highest Overall Satisfaction For Home Buyers Among National Full Service
Real Estate Firms
Three Years in a Row
Our Network
The KELLER WILLIAMS® CultureWin-Win — or no deal
Integrity — doing the right thing
Commitment — in all things
Communication — seek first to understand
Creativity — ideas before results
Clients — always come first
Teamwork — together everyone achieves more
Trust — starts with honesty
Success — results through people
Your Consultant & Agent – My Commitment
• I will educate you about current market conditions
• I will advise you what listing strategy will work for you
• I will guide you through the listing period and analyze feedback from
prospective buyers
• I will negotiate the best sales price
• I will be deeply involved during the home inspections until closing
• I will use judgment and experience, so every decision YOU make will be
the right one!
Till Horkenbach, ABR®, SRES®, e-PRO®REALTOR® Office: 201-445-4300Direct: 201-310-1260Fax : 201-632-6491E-mail [email protected] www.myBergenHouse.com
Professional Affiliations & Designations:• Member Real Source Association of Realtors®• Member National & New Jersey Association of Realtors• Member New Jersey Multiple Listing Services• Member Garden State Multiple Listing Services• Member of the Real Estate Buyer’s Agent Council (REBAC)• Member of Ridgewood’s Chamber of Commerce• Member of Multi Million Dollar Sales & Marketed Club• Winner of numerous monthly awards• Member of REALSOURCE Educational Development Committee• Member of REALSOURCE Grievance Review Panel• ABR® - Accredited Buyer’s Representative• SRES® - Real Estate Specialist for Buyer’s/Seller’s 50+• e-PRO® - Certified
Ridgewood ResidentSon: 12 YearsDaughter: 9 Years
Comprehensive Marketing Strategy
For Your Homeprepared for
Robert Schwartz &
Katherine Ippoliti
5
Q: How Buyers Found Their Home?
4
Internet 90%
Real estate agent 87
Yard sign 59
Open house 46
Print newspaper advertisement 40
Home book or magazine 26
Home builder 18
Relocation company 4
Television 8
Billboard 6
Source: NAR Profile of Home Buyers and Sellers 2009
Your Listing will be automatically fed to the top real estate consumer websites.
Targeting Buyers - Over 350 listing syndication partners
KW.com
More than 5 million listings – that’s more listings that REALTOR.com or any other real estate brokerage Web siteThis gives you unmatched local presence in markets throughout North America!
Targeting Buyers - Unmatched Internet Presence
• NJMLS – Bergen, some Passaic, Essex County
• GSMLS – Bergen, Essex, Hudson, Hunterdon, Middlesex, Morris, Passaic, Somerset, Sussex, Union, Warren County
= Together we target over 25,000 members!
= GSMLS is one of the larges listing syndicators
•The MLS is what feeds many databases that are available to the public, including Realtor.com.
Targeting Co-Broking Realtors®
2 MLS = more outreach!
Most agents are member
of NJMLS ONLY
I go above and beyond with advertising!
Tracking with Performance Reports
We are able to react to ‘drops in on-line activity’ immediately.
Staging your HomeWhat can staging do?
Location Cannot be changed
Size Difficult to change
Amenities Can be changed
Condition Can be changed
Before
After
Virtual Staging
A furnished room shows better and gives the buyer dimensions and ideas where to place furniture.
Professional Photography
Our only chance to make a “First Impression”
Virtual Slide Show
Play with Buyer’s emotions
ME!This is important because I know your home the best and have a vested interest in selling your home and not just any home!
Who is getting the calls on your house?
The Keller Williams Difference!
In traditional offices, the sales associate answering the phone is not the listing sales associate and they have an interest in selling the buyer any home.
This sales associate may not have even seen your home.
I will market your home twice:
My Open House Program
To the Public:
• Sundays or Blitz Open House – Sat & Sun 1PM – 4PM
To the Brokers:
• Thursdays 11AM to 1PM
• Invitation to the entire Broker Community
• I will provide snacks – ‘you feed them, they come’
The Preparation
• Display a multiple directional signs
• Promote your Open House on real estate web sites
• Feature your home with driving directions on Realtor.com, Craigslist, etc.
• Use highly recognizable local publications to attract the most buyers
• Invite people in your area
The Process
• Register all guest, provide booties or have them remove shoes
• Sell you home’s benefits as I escort guest through the property
• Provide local information, neighborhood reports, commuter schedules, etc.
The Follow-up
• Follow-up with all prospect
• Answer questions, gauge interest and arrange for private visits
• Contact you frequently with feedback
Public Open House – A Program
It all starts with Professionally designed marketing material
The home marketing pieces are create attract buyers to your home and remind them of the reasons they want to come back for a second showing.
Also as PDF
Customized Print Marketing
Just Listed Postcards: Professionally designed postcards are mailed to your neighborhood and targeted buyers to increase awareness of your home.
Professional Designed Marketing Material sent to Buyers
• A strong base of buyer referrals through our on-site, full service corporate relocation department and our leading Keller Williams Network
• Over 785 offices in the US and Canada provide seamless support for any relocation need
• Over 80,000 professionals
• Colored Brochure is uploaded to KW.com
Relocation Resources
THE OFFER:
• ACCEPTANCE. Signed by all parties, dated, delivered… congratulations, you’re on your way to having your property sold!
• REJECTION. Unconditional… unfortunately, your home is still on the market.
• COUNTER OFFER. Any change to the contract constitutes a counter offer. You are now in the renegotiation stage.
• NO ACTION. Equals rejection. Your home is still on the market.
I will guide you through the negotiations
To Summarize…Listing to Accepted Offer
MARKET RESEARCHBEGINPROCESS
LISTING SIGNED
OFFICE
MULTIPLE LISTING
CONTACT PROSPECTS
SHOWINGS
OPEN HOUSE
OFFER RECEIVED
OFFER
CONTRACT ACCEPTED
INSPECTIONS
BROKER’S TOURGRAPHICS OFFICE TOUR
MLS COMPUTER MLS MEMBERS
TRANSACTIONPROCESSING
NET SHEET
COUNTER OFFER
EARNEST MONEY
MLS TOURS
Contract To Close
PROCESSING
MORTGAGE CO. CREDIT REPORT APPRAISAL
LOAN APPROVAL
UNDERWRITING VERIFICATIONS
TITLE CO.
ASSEMBLE PAPERS
SETTLEMENT
HOME SOLD
REJECTION
TRANSACTIONPROCESSING
Strategy - Home Warranty Plans
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.
Hiring the right marketing consultant will dramatically increase your bottom line.
I could work for any real estate company. I chose Keller Williams for the benefit of my clients!
I promise I’ll bring results!
Pricing …
…a Customized Strategy
Why sell now?
• Historically Low Rates
• Less Competition
• Holiday Staging
• Falling Home Prices
• Statistics Show Houses Sell
• I have Buyers Now
The Most Important Factor
• Complete a comparative analysis of recent sales
condition of the home
and expired listings
To determine an accurate price, we:
• Review current market conditions active competition
One Chance To Make The First Impression
• A property attracts the most activity when it is first listed.
• It has the greatest opportunity to sell.
WEEKS ON MARKET
ACTIVITY
1 2 3 4 5 ….. 16
Priced Right!
+15%
+10%
Market Value
-10%
-15%
10%
30%
60%
75%
90%
PERCENTAGE OF BUYERS
ASKING PRICE
437 Grove Street, Oradell
Let’s look at some Comps…
437 Grove Street, Oradell