My Marketing Proposal for Sellers

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Marketing proposal for my Greater Boston sellers.

Transcript of My Marketing Proposal for Sellers

© 2006 NRT Incorporated. All rights reserved.

COLDWELL BANKER RESIDENTIAL BROKERAGE

MARKETING PROPOSAL

© 2006 NRT Incorporated. All rights reserved. The text of this publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, storage in an information retrieval system, or otherwise, without prior permission.

© 2006 NRT Incorporated. All rights reserved.

Minimum Marketing Services you should Expect

Multiple Listing Service

Local Advertising

For Sale Sign

Agent & Office Preview

Open House

Required Property Disclosures

Competitive Market Analysis

© 2006 NRT Incorporated. All rights reserved.

Why Choose Coldwell Banker Residential Brokerage to Market Your Property?

© 2006 NRT Incorporated. All rights reserved.

International Brand Recognition with Local Expertise

More Buyers from local, national and international locations to your property

Unsurpassed client representation

100 years of Real Estate “know-how” working for you

Truly Remarkable Customer Service

Worldwide Exposure = Proven ResultsWorldwide Exposure = Proven Results

© 2006 NRT Incorporated. All rights reserved.

What is it that will NET you the Most Money?

A: Finding the one buyer that will pay you the most money

? How do we find that buyer?

A: This is the answer we will be talking about today.

© 2006 NRT Incorporated. All rights reserved.

The Basics of Real Estate

When you are BUYING a home it’s all about Location, Location, Location

When you are SELLING a home, it’s all about Exposure, Exposure, Exposure………Exposure, Exposure, Exposure………

© 2006 NRT Incorporated. All rights reserved.

Take advantage of our NETNETwork

Expose your property through our unsurpassed InterNETNET presence

Get the ultimate Result – More NETNET Profit for you

It’s All About the NET

Let us make the NET, work for youLet us make the NET, work for you

© 2006 NRT Incorporated. All rights reserved.

Let’s Talk About Our Network

© 2006 NRT Incorporated. All rights reserved.

Our Agent And Office Network

Number of Offices: 3,700+

Sales Associates: 120,800+

Coldwell Banker

Number of Offices: 130+

Sales Associates: 5,500+

RI, MA, NH and Maine

Cendant Mobility Network 150,000 leads generated per year nationwide

Cendant Mobility is the Nations #1 Relocation Service Provider

Coldwell Banker Residential Brokerage in New England

One Company,One Network

© 2006 NRT Incorporated. All rights reserved.

National and Local Marketing

Our Network of Marketing Services

TV and Cable Promotes Brand Awareness

Brings Buyers to NewEnglandMoves.com

Specific Property Promotion

Specific Property Promotion

Specific Property Promotion through print Marketing and direct mail

An integrated approach to marketing your propertyAn integrated approach to marketing your property

Radio

Internet Marketing Program

Newspaper and Magazine

Targeted Marketing

© 2006 NRT Incorporated. All rights reserved.

Have You Seen Us on TV?

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Our Brand is Featured on the Following Major Networks

© 2006 NRT Incorporated. All rights reserved.

Our Ads are On When People are Watching

© 2006 NRT Incorporated. All rights reserved.

More ExposureExposure nationally and regionally

More BuyersBuyers for your property

More Net ProfitNet Profit for you

Why is Coldwell Banker’s TV and Radio Marketing Important to You?

© 2006 NRT Incorporated. All rights reserved.

Let’s Talk About Our InterNet Services

© 2006 NRT Incorporated. All rights reserved.

Use of the Internet during the home search

process increases dramatically In 1995 2% of buyers used the Internet during

their home search,

In 1997, 18%

In 1999, 37%

In 2001, 41%

In 2003, 71%

In 2004, 74%

© 2006 NRT Incorporated. All rights reserved.

How our website Stacks up against

the competitionTraffic Rank for www.newenglandmoves.com:  11,420

Traffic Rank for www.localcompetitor.com:#####  

Source: http://www.alexa.com

Traffic Rank for www.localcompetitor.com:#####  

Date: ____

© 2006 NRT Incorporated. All rights reserved.

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Exclusively for Our Our ClientsClients

www.NewEnglandMoves.Com (Averages 900,000+ Visits A Month)

Largest, Most Visited Real Estate Web Site in New England

Marketing your property 24 hours a day, 7 days a week

© 2006 NRT Incorporated. All rights reserved.

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

www.NewEnglandMoves.Com (Averages 900,000+ Visits A Month)

© 2006 NRT Incorporated. All rights reserved.

Exclusive Tools: Photo Gallery

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

Compare us with the RestCompare us with the Rest

© 2006 NRT Incorporated. All rights reserved.

Actual Examples from MLS

© 2006 NRT Incorporated. All rights reserved.

Exclusive Tools: Ability to Track Exact Numberof Page Views for Your Home

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

Automatic Email Alerts

Property Watch

Open House Watch

Instant Notification on New Listings and Open HousesInstant Notification on New Listings and Open Houses

790,000+ automatic email alerts send out every month

Over 400,000 People registered on our web site

Street Watch

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

Exclusive Tools: We Know Where to Find Buyers

Ability to track where buyers are coming from so we can target market those areas

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

Exclusive Tools: Our Town Video Tour

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

www.coldwellbankerpreviews.com

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

www.ColdwellBanker.com (Averages 2,400,000 Visits A Month)

Your property will also be featured on ColdwellBanker.comYour property will also be featured on ColdwellBanker.com

© 2006 NRT Incorporated. All rights reserved.

www.Realtor.com: 5,500,000 users a month

Banner Marketing and Featured Home ListingsBanner Marketing and Featured Home Listings

Our Signs dominate the Market and the InternetOur Signs dominate the Market and the Internet

© 2006 NRT Incorporated. All rights reserved.

Showcase Listings for your home

Our Competitors CBRB Listings

Statistics show that consumers “click” on properties with multiple Statistics show that consumers “click” on properties with multiple photos 20 times more than those with 1 photophotos 20 times more than those with 1 photo

© 2006 NRT Incorporated. All rights reserved.

Ability To Track Property Views By Buyers

Ability to track the exact # of page views for your home

Ability to Monitor activity changes from week to week

The property you want to call “HOME”

© 2006 NRT Incorporated. All rights reserved.

Multiple Listing Service (MLS PIN)

Central Database that allows us to:

Exchange information with any

Real Estate Agent

Direct market to Real Estate

Agents working with buyers

looking for property with

characteristics similar to yours

Advertise Public Open Houses

to other Real Estate Agents and

to the Public

Advertise Broker Open Houses

to other Real Estate Agents

© 2006 NRT Incorporated. All rights reserved.

Driving internet traffic to our web site

Our Company Web sites NewEnglandMoves.com ColdwellBanker.com ColdwellBankerPreviews.com

Search Engines: Over 9,000 search terms for

NewEnglandMoves.com

Realtor.com (5.5m people a month) Banner Marketing Featured Homes

(viewed 20x more often) Enhanced Listings

TV/Web banner Marketing HGTV Discovery Channel A&E Food Network, etc

© 2006 NRT Incorporated. All rights reserved.

No One will Respond as Quickly as I will Respond

=

Truly Remarkable Truly Remarkable Customer ServiceCustomer Service

© 2006 NRT Incorporated. All rights reserved.

More ExposureExposure for your property

More BuyersBuyers for your property

More Net ProfitNet Profit for you

Why is Coldwell Banker’s Internet Marketing Important to You?

© 2006 NRT Incorporated. All rights reserved.

Coldwell Banker Ads Appear in the Following Magazines:

© 2006 NRT Incorporated. All rights reserved.

An Example of our Regional Print Marketing

We have the ability to capture buyers through the Marketing of our We have the ability to capture buyers through the Marketing of our entire office network entire office network

© 2006 NRT Incorporated. All rights reserved.

Targeted Direct Mail

© 2006 NRT Incorporated. All rights reserved.

An Integrated Approach to Marketing Your Property Brings More Buyers to You

© 2006 NRT Incorporated. All rights reserved.

We Are a Full Service Real Estate Company

Moving Services

Mortgage Services

Real Estate Services

Insurance Services

Relocation Services

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

Franklin Knotts, Realtor & International Presidents Circle Member

© 2006 NRT Incorporated. All rights reserved.

Exclusive Services Through NEMoves Mortgage

Pre-approved buyers for your homePre-approved buyers for your home

NEMoves mortgage representatives available 24-

7

#1 Purchase Lender in Massachusetts

Peace of mind

© 2006 NRT Incorporated. All rights reserved.

More QualifiedQualified Buyers

More ControlControl over the transaction

More Net ProfitNet Profit for you

Mortgage Services

© 2006 NRT Incorporated. All rights reserved.

Some of Our Corporate Clients

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

More Ready Ready More WillingWillingMore AbleAble Buyers

More Net ProfitNet Profit for you

Relocation Services

© 2006 NRT Incorporated. All rights reserved.

Coldwell Banker Home Protection Plan

Sellers covered during listing period No cost to you until the property sells Adds value for your home Statistics show that properties sell for 2.2% more Buyer covered for one year Reduce buyer concerns after home inspection Used to differentiate and market your home

through a sign rider

Exclusively for Exclusively for Our Our ClientsClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

More SatisfiedSatisfied Buyers

More Peace of MindPeace of Mind during the transaction

More Net ProfitNet Profit for you

Home Protection Plan Services

© 2006 NRT Incorporated. All rights reserved.

Do You Need any Help with Your Next Move?

Moving Services

Relocation information (in and out of state)

Mortgage Consultation

Pre-approval

Insurance Services (inclusive of vacant home insurance)

© 2006 NRT Incorporated. All rights reserved.

Setting the Industry Standard in Real EstateEducation

AA Word on Education and Career Development Word on Education and Career Development from Our Presidentfrom Our President

“We are committed to providing the necessary tools and training to remain a leader in the industry.

We have strategically implemented a robust internal training program that educates, reinforces, and supports the technology platforms required to exceed consumer demands and expectations.”

Rick LoughlinRick LoughlinPresident

Coldwell Banker Residential BrokerageCentral New England

© 2006 NRT Incorporated. All rights reserved.

Market Share Throughout Massachusetts

© 2006 NRT Incorporated. All rights reserved.

Previews Program Market Share $2 million +

© 2006 NRT Incorporated. All rights reserved.

Local Market Share

© 2006 NRT Incorporated. All rights reserved.

© 2006 NRT Incorporated. All rights reserved.

More VisibilityVisibility in the market place

More ExpertiseExpertise on your side

More Net ProfitNet Profit for you

Market Share

© 2006 NRT Incorporated. All rights reserved.

Our Local Office

Number of Agents

Mortgage Rep

Services

Community Involvement

Specialized Marketing

© 2006 NRT Incorporated. All rights reserved.

ASHBYTOWNSEND

GROTON

WESTFORDCHELMSFORD

LUNENBURGFITCHBURGSHIRLEYGARDNER

WESTMINSTERWILMINGTONBILLERICAAYER

LITTLETONLEOMINSTER

CARLISLEHARVARD

BURLINGTON

LANCASTERACTON

WAKEFIELDWOBURNBEDFORDBOXBOROUGH

PRINCETONCONCORD

STONEHAM

STERLINGLEXINGTON

BOLTON

MELROSEWINCHESTER

STOW LINCOLN MEDFORDMAYNARD

RUTLAND SUDBURY

CLINTON

ARLINGTON

HOLDEN

WALTHAM SOMERVILLEBERLIN

BELMONT

WAYLAND

HUDSONWEST BOYLSTON CAMBRIDGE

WESTONBOYLSTON

WATERTOWN

MARLBOROUGH NEWTON

NORTHBOROUGH

FRAMINGHAMPAXTON

WORCESTERSHREWSBURY NATICK

SOUTHBOROUGH WELLESLEYNEEDHAM

SPENCER

WESTBOROUGHASHLAND

LEICESTER DOVER DEDHAMSHERBORN

HOPKINTON WESTWOODGRAFTON

MILLBURY HOLLISTONAUBURN

UPTONMEDFIELD

OXFORD SUTTONCHARLTON NORTHBRIDGE

Our Office Network is Able to Bring Buyers to Your Property from Different Marketplaces

Exclusively for Our ClientsExclusively for Our ClientsExclusively for Our ClientsExclusively for Our Clients

© 2006 NRT Incorporated. All rights reserved.

Why should you List your Home with Me?

The first part of my job is Marketing:

I know my business; I know our local neighborhoods and current real estate conditions and I know how and where to find buyers

The 2nd part of my job is Negotiations and Transaction Management:

I know how to negotiate a contract that can close and how to manage the transaction so that it will close.

© 2006 NRT Incorporated. All rights reserved.

I have the Tools and Skills to Actively Market your Property

Franklin Knotts has been selling real estate since 1993 in Boston.RealtorInternational Presidents Circle Member

© 2006 NRT Incorporated. All rights reserved.

What is it that will NET you the Most Money?

A: Finding the one one buyer that will pay you the most money

? How do we find that one buyer?

When you are SELLING a home, it’s all about Exposure, Exposure, Exposure………Exposure, Exposure, Exposure………

I think you must agree that our tools and resources I think you must agree that our tools and resources will provide you the most exposurewill provide you the most exposure

© 2006 NRT Incorporated. All rights reserved.

Take advantage of our NETNETwork

Expose your property through our unsurpassed InterNETNET presence

Get the ultimate Return– More NETNET Profit for you

Let Us Make the NET Work for You

““NET” VALUE !!NET” VALUE !!

© 2006 NRT Incorporated. All rights reserved.

Establishing an Effective Listing Price

My Objectives are to:

obtain the highest sales price

within your time frame

with the best terms and conditions

with the least inconvenience to you

© 2006 NRT Incorporated. All rights reserved.

What Effects the Market Value of Your Property? Physical qualities of your property

Location Age Size of house and lot Floor plan and architectural style

Market Conditions Interest rates and availability of financing Buyer demand Prices of recently sold properties State of the economy Seasonal demand

The Competition The number of similar properties for sale Their prices, location and physical condition

© 2006 NRT Incorporated. All rights reserved.

What Effects the Market Value of Your

Condominium ? Physical qualities of your property Location (Neighborhood / Unit Level) Condo Association: Budget Financials/Assessments Availability of outdoor space and parking Amenities: Elevator, Gym, Pool, Laundry Age, Architectural style and Floor Plan

Market Conditions Interest rates and availability of financing Buyer demand Prices of recently sold properties State of the economy and Seasonal demand

The Competition The number of similar properties for sale Their prices, financing terms, location and physical condition

© 2006 NRT Incorporated. All rights reserved.

What has No Effect on The Market Value of Your Property?

The original price you paid

The cash proceeds you want or need from the sale 

Opinions from friends and neighbors

Inaccurate/Outdated Comparables

© 2006 NRT Incorporated. All rights reserved.

Let’s Review the Market Analysis

© 2006 NRT Incorporated. All rights reserved.

Competitive Price Lines

Recently Sold Selling price (in thousands)

255 260 265 270 275 280 285 290 295 300 305 310 315 320 325 330

Listing Price (in thousands)Currently For Sale 255 260 265 270 275 280 285 290 295 300 305 310 315 320 325 330

Did Not Sell Listing Price (in thousands)

255 260 265 270 275 280 285 290 295 300 305 310 315 320 325 330

288 Commonwealth Avenue

© 2006 NRT Incorporated. All rights reserved.

Additional Slides

© 2006 NRT Incorporated. All rights reserved.

Through Coldwell Banker Residential Brokerage, you receive the standard marketing services and so much more

Multiple Listing Service

Local Advertising

For Sale Sign

Agent & Office Preview

Open House

Required Property Disclosures

Competitive Market Analysis

© 2006 NRT Incorporated. All rights reserved.

Going Above and Beyond to get you the most NET profit from the sale of your home

National and Local Television and Radio Marketing

Local Network of 5500 agents working to bring buyers to our seller’s homes

NewEnglandMoves.com; ColdwellBanker.com; Realtor.com

Immediate Response Technologies and Network of e-agents ready to answer buyer inquiries

The Largest Relocation Division in New England with buyers from client corporations

Pre-approved Buyers using In-House Mortgage Services

Home Protection Plan

One Stop Shopping experience (Insurance, Mortgage, Relocation, Moving Services)

Marketing Department producing quality Direct Mail/Postcards/Property Brochures

Audio Visual Department producing quality Home Movies and Picture Galleries

Home Enhancement Consultation

Custom Multi-Page Property Handout

Skillful Negotiation

Unsurpassed Client Representation

Transaction Management

Weekly market updates and analysis of property positioning

The Integrity and Power of the Brand of Coldwell Banker Residential Brokerage

This is an example of what you can expect from Coldwell Banker Residential This is an example of what you can expect from Coldwell Banker Residential Brokerage in addition to the Standard Marketing Services:Brokerage in addition to the Standard Marketing Services:

© 2006 NRT Incorporated. All rights reserved.

Absorption Rates

Insert Absorption Rates Report

© 2006 NRT Incorporated. All rights reserved.

List To Sell Price Ratio

Insert Sold Portion of Area Market Survey from MLS

© 2006 NRT Incorporated. All rights reserved.

Client Testimonials

© 2006 NRT Incorporated. All rights reserved.

Sample Portfolio of Sold Properties

© 2006 NRT Incorporated. All rights reserved.* Source: The 2003 NAR Profile of Home Buyers and Sellers

More Home Buyers are Using the Internet

How consumers search for Real Estate today: Realtor.com

© 2006 NRT Incorporated. All rights reserved.* Source: The 2003 NAR Profile of Home Buyers and Sellers

Anyone can tell you they have a web site…..

Traffic Rank for NewEnglandMoves.com:  12,975

© 2006 NRT Incorporated. All rights reserved.

Additional Slides (Jay Schweppe – Denise Riordan)

© 2006 NRT Incorporated. All rights reserved.

FACT: Buyers Buy When They Perceive Value

InventorySells at its highest price in the first daysof exposure

© 2006 NRT Incorporated. All rights reserved.

Perception:

Fewer buyers in the marketplace

“Buyer’s Market”

The Buyer Pool

© 2006 NRT Incorporated. All rights reserved.

Perception:More buyers in the marketplace

“Seller’s Market”

The Buyer Pool

© 2006 NRT Incorporated. All rights reserved.

The Buyer Pool: The Paradigm Shift

Expensive---Property---

----Inexpensive Property-----

$

Scale of Value

The Reality

The buyer pool remains relatively constant.

PRICES go UP and DOWN

© 2006 NRT Incorporated. All rights reserved.

What is the Market Doing?

UP

DOWN

Prices go…

Prices go…

Inventory coming on….

Inventory going off….

© 2006 NRT Incorporated. All rights reserved.

Appreciating/Depreciating Market(Abundance of energy and no inventory)

Depreciating Market(Abundance of inventory and no energy)

Depreciating Market(Abundance of inventory and no energy)

$

© 2006 NRT Incorporated. All rights reserved.

$

Depreciating Market(Competitive pricing makes your home look good compared to the other inventory and creates the same environment as an Appreciating Market.)

Depreciating Market(Competitive pricing makes your home look good compared to the other inventory and creates the same environment as an Appreciating Market.)

$

Appreciating/Depreciating Market(Abundance of energy and no inventory)

© 2006 NRT Incorporated. All rights reserved.

The Importance of Shelf Positioning

Buyers prepared to buyWhat will it take?

Buyers wanting to buy

Buyers just entering market

# of

Bu

yers

Days on Market

20

40

60

80

100

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

What is it worth?

© 2006 NRT Incorporated. All rights reserved.

Marketing vs. Advertising

74% of today’s Homebuyers begin their search on the

internet

© 2006 NRT Incorporated. All rights reserved.

My Job as Marketing Consultant:

Educate sellers -

Create a perception of value -

To stimulate the buyer pool to make offers

Negotiate the sale - To net the seller(s) top dollar for their home

To market conditions and marketing concepts

© 2006 NRT Incorporated. All rights reserved.

Market Study

Uses Current Market Data Analyzes buyer criteria Requires in-depth inventory knowledge Assists in choice of initial market

position Assists in repositioning

© 2006 NRT Incorporated. All rights reserved.

21-Day Listing Follow-UpPROPERTY ADDRESS: ____________________________________________ AGENT: ________________________ Open House Date: ______________ List Price: _____________

Day #13Shows:Repeat Shows:Feedback: Day #14Shows:Repeat Shows:Feedback:

Day #5Shows:Repeat Shows:Feedback: Day #6Shows:Repeat Shows:Feedback:Day #7Shows:Repeat Shows:Feedback:Day #8Shows:Repeat Shows:Feedback:

Day #1Shows: Repeat Shows:Feedback: Day #2Shows:Repeat Shows:Feedback:Day #3Shows:Repeat Shows:Feedback:Day #4Shows:Repeat Shows:Feedback:

Day #9Shows:Repeat Shows:Feedback: Day #10Shows:Repeat Shows:Feedback:Day #11Shows:Repeat Shows:Feedback:Day #12Shows:Repeat Shows:Feedback:

Time to re-evaluate property and arrange personal meeting with seller (set date): ______________

Results of meeting: _________________________________________________________________

Three Phases of Showing:

3. NO SHOWS3. NO SHOWS: home is above the market; no perception of value

1. REPEAT SHOWINGS:1. REPEAT SHOWINGS: home being shown continuously with second looks

2. SHOWINGS BUT NO SECOND 2. SHOWINGS BUT NO SECOND LOOKS:LOOKS: home being shown but not perceived as a good value