Pre-listing appointment - Suzanne Holland...How buyers look for a home Internet Real estate agent...
Transcript of Pre-listing appointment - Suzanne Holland...How buyers look for a home Internet Real estate agent...
Pre-listing appointment
Tell me about you
Your family
Your work
Your history in the house
Your situation
Your goals
Why selling
Relocating?
Your timeframe
Understanding your home will help
us market it better
About your home:
▪ What are your favorite things about it?
▪ What made you select it?
▪ What do you love most about the location?
▪ What are some favorite features?
▪ What are some favorite memories?
▪ What compliments have friends and
neighbors made about it?
▪ What characteristics make it unique?
▪ What will you miss most?
▪ What kind of buyer do you think is best for
your home / market?
You / your home
Your agent
Buyers
Determining your needs and goals (example)
Need Answer Resource
Sold Marketing plan
Most money Qualified buyers
Least time Negotiation skills
Least problems Knowledge
Relocation Control
Finding the right realtor for you —
what makes a good match?
▪ How would you describe your ideal realtor?
– Good communicator
– Strong negotiator
– Market knowledge
– Good marketing plan
– Personal connection
– Reliable / accessible
– Manages the process to closing
– Gives you the knowledge and
confidence to make good decisions
▪ Tell me about your prior experiences buying or selling a home
▪ What was memorable about that experience?
▪ Was there something specific that made a difference to you?
Tip sheet for you
THE PROCESS OF
SELLING YOUR HOME
The current market situation
Let’s take a look at how the market
is doing right now
▪ Market trends
▪ Days on market
▪ Interest rates
▪ Average sales price (CS)
▪ Days on market (CS)
Go to data
The steps to sell your home
Contract to close
Pricing Productexposure
The steps to sell your home: Pricing
Pricing
Pricing strategies
Data based
▪ Greatest realistic price for
which the home is likely to sell
▪ Method appraisers and other
realtors use to evaluate
homes
Below market
▪ Below suggested price from
the data
▪ Need to sell in less time
Retail
▪ Cushion on price, giving
buyers room to negotiate
The risk of pricing too high
Percent of buyers who will view property
Asking price in relationship
to Fair Market Value
% of prospective purchasers
who will look at property
+10
%
2%
+5% 30%
Fair market
value60%
-5% 80%
-10% 92%
Excitement of a “new on market” listingA
cti
vit
y
Weeks
1 2 3 4 5 6
The problem with “testing the market”
Pri
ce
Time
Test the
market
Starting price
Fair market value
Starting priceLost value
Extra time
Why your first offer is often your best offer
Pri
ce
Time
New buyers
& waiters
Deal makers
Bottom feeders
The Selling Equation
The steps to sell your home: Product exposure
Productexposure
Preparing your home to sell
Your home is the product
▪ Staging consult
▪ Pre inspection
▪ Repairs, upgrades, staging
▪ Exterior curb appeal
We create a marketing plan to generate
exposure for your home
How?
▪ Partnering with you to know
qualities of your home
▪ Understanding your goals
▪ Understanding where/how
buyers look for homes
▪ Strategy for possible objections
▪ Create marketing write-up
▪ HDR professional photos
▪ Virtual tour
▪ Savvy Card – Personal
Webpage for your listing
How buyers look for a home
Internet
Real estate agent
Yard sign / open house
Friend, relative or neighbor
Home builder or mortgage lender
Directly from seller or knew seller
Print newspaper advertisement
Sources: NAR Home Buyer and Seller Generational Trends Report 2017 & 2016 Profile of Home Buyers and Sellers
44%
33%
6%
6%
7%
2%
1%
Implementing the marketing plan
Pre-marketing
Internetmarketing
Targetmarketing
Mediamarketing
Directmarketing
Continuedmarketing
Communication, data and feedback are
a critical part of continued marketing
Homeowner’s
listing activity
website
Text and email
notifications
Showing
feedback
The steps to sell your home
Contract to close
How to evaluate an offer
ETC
What happens once under contract
Contract to
buy and sell
▪ Earnest money
▪ Disclosures
Inspection
▪ Inspection objection
▪ Inspection resolution
▪ Repairs
▪ Final walk thru
Title
▪ Covenants
▪ Extended coverage
▪ Objection
▪ Resolution
Survey▪ Easements
▪ Encroachments
▪ ILC
▪ Objections
▪ Resolution Appraisal
▪ Visual inspection
▪ Report to lender
▪ Objection
▪ Resolution
Lender
▪ Verification
▪ Documentation
▪ Objections
▪ Underwriting
▪ Clear to close
READY TO CLOSE
Keeping track of dates and deadlines
CHOOSING A REALTOR
My approach
TrustworthyKnowledgeable
Creative
I work for YOU
ExperiencedTimely
RealisticCommitted
Designations and memberships
▪ Master Certified Negotiation Expert
▪ Graduate of The Real Estate Institute
▪ Member of
– The National Association of Realtors
– The Colorado Association of Realtors
– The Pikes Peak Associate of Realtors
– Colorado Springs Elite 25 Realtors
– Peak Producers 2019 (Pikes Peak Top
Real Estate Agents)
A top producer in Colorado Springs
Approximately 3580 Realtors
Ranked in
top 50 realtors
Ranked in
top 100 realtors
2018
2017
2016
2015
2014
2013
A top producer - SW Region Colorado Springs
RankingTop 5
realtors
Top 10
realtors
Top 15
realtors
2018
2017
2016
2015
2014
2013
#2 in 2016!
#4 in 2018!
The Colorado Springs real estate community
has 3,900 agents
In 2019, of the agents in the MLS:
did 5 deals or less39%
did 12 deals or less
74%deals
Average was
Our company
deals
Platinum agent average was
# of Homes
Sold Year To
Date
84%
40Average Days On The
Market
Historical average = 69
In 2019
What happens once under contract
Contract to
buy and sell
▪ Earnest money
▪ Disclosures
Inspection
▪ Inspection objection
▪ Inspection resolution
▪ Repairs
▪ Final walk thru
Title
▪ Covenants
▪ Extended coverage
▪ Objection
▪ Resolution
Survey▪ Easements
▪ Encroachments
▪ ILC
▪ Objections
▪ Resolution Appraisal
▪ Visual inspection
▪ Report to lender
▪ Objection
▪ Resolution
Lender
▪ Verification
▪ Documentation
▪ Objections
▪ Underwriting
▪ Clear to close
READY TO CLOSE
Keeping track of dates and deadlines
My membership in exclusive networking
organizations is a benefit to you