A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and...

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A Sellers Guide to Pricing and Marke5ng Your Home Our enclosed Marke/ng Proposal can never take the place of a personal face-to-face mee/ng, but it will give you a chance to know a li>le bit about the step-by-step plan we use to get most homes SOLD in 30 days or less. The informa/on on the following page is designed to give you an overview of exactly what it takes to sell a home in today's ever-changing marketplace. When we meet, you can expect us to be candid, up-front, no-nonsense, professionals. There are lots of opinions but only one set of facts . Therefore, we will look at the facts of record and, together, determine a pricing strategy designed to sell your home for the highest price possible. Of course, the final pricing strategy is always subject to your approval. Truth is, 80% of the marke5ng is done when we determine the pricing strategy for your home. Be assured, our job is to sell your home for the most money possible, not the least. Most Sincerely, Beth and Evelyn Ralston Creek Proper/es @ RE/MAX Alliance

Transcript of A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and...

Page 1: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

ASellersGuidetoPricingandMarke5ngYourHomeOurenclosedMarke/ngProposalcannevertaketheplaceofapersonalface-to-facemee/ng,butitwillgiveyouachancetoknowali>lebitaboutthestep-by-stepplanweusetogetmosthomesSOLDin30daysorless.Theinforma/ononthefollowingpageisdesignedtogiveyouanoverviewofexactlywhatittakestosellahomeintoday'sever-changingmarketplace.Whenwemeet,youcanexpectustobecandid,up-front,no-nonsense,professionals.Therearelotsofopinionsbutonlyonesetoffacts.Therefore,wewilllookatthefactsofrecordand,together,determineapricingstrategydesignedtosellyourhomeforthehighestpricepossible.Ofcourse,thefinalpricingstrategyisalwayssubjecttoyourapproval.Truthis,80%ofthemarke5ngisdonewhenwedeterminethepricingstrategyforyourhome.Beassured,ourjobistosellyourhomeforthemostmoneypossible,nottheleast.MostSincerely,BethandEvelynRalstonCreekProper/es@RE/MAXAlliance

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ASeller’sGuide ToFindingtheRightRealEstateAgentforthe JobofProfessionallyMarke:ngYourHome…

Therearehundredsofrealestatelicenseesinourarea.Choosingtherightagentforyourhomecanbeconfusing.Itisespeciallydifficultwhenyouspeakwithseveraldifferentagentsandtheyallseemsoconvincing.Thefollowinglistprovidesyouwithques/onstoaskeachProspec/veRealtor.Ifyouallowustointerviewforthejob,youshouldaskusthesetoughques/onsofusaswell.Theanswerstotheseques/onswilltellyouwhatyouneedtoknowinordertoselectthebestagentforthejobofsellingyourhome.

1)Doyouworkasafull-:meRealtor®?Howmanyyearshaveyoubeenlicensedtosellrealestatefull-/meinColorado?Whocoversyourbusinesswhenyouareunavailable?2)DoyouGUARANTEEyourservices?3)MayIcancelmylis/ngwithyouatany/meifIamnotsa/sfiedwithyourperformance,noques/onsasked?4)Doyouhaveasystemtofollow-upa\ereveryshowingsothatwegetvaluablefeedback?5)Howmanyproper:eshaveyousoldwithinthepast6months?Inyourcareer?6)DoyouhavereferencesthatImaycheck?(Sellerswhoarecurrentlylistedwithyou,orpastclients)7)DoyouhaveanInternetStrategythatincludesSocialNetworkingandSyndica:ontoexposeandpromotemyhome24/7?8)Whatismypropertyworth?Whatlis:ngpricedoyourecommend?Willitsellatthatprice?9)WhyshouldIchooseyouoveralltheotherRealtorsinourarea?

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PRE LISTING PACKAGE

A DETAILED GUIDE FOR HOME SELLERS

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TheMarketTypes

Therearethreetypesofoverallmarketcondi/onswhensellingyourhome:

Seller's Market - This is when the inventory in a specific area is low.Properlypricedhomesgenerallysellwithin14daysto21daysmaximum.Ifyourpropertyhasnotreceivedanofferwithinthis/meperiod,itispricedtoohigh.

NormalMarket-Thisiswhenthereisnorealperceivedadvantagetoeitherthebuyersorthesellers.Properlypricedhomesshouldsellwithin30to45days.

Buyer'sMarket-Thisiswhenyouhavelotsofhomesonthemarketforsaleineverypricerangeandarea.Ifyoupriceyourhomejustbelowtheothersimilarhomesonthemarket,asaleshouldresultwithin60-90days.Usually,homesaredeclininginvalueinthistypeofmarket.Therefore,thesooneryousell,thebe0eritisforyou.

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RevealingResearch

*TheNa/onalAssocia/onofRealtorsresearchedthehistoryofhomesthatactuallysoldinallthreetypesofmarketsandtheydiscoveredtwocri/calpiecesofinforma/on:

*95%ofallhomesthatclosedsoldwithin60daysaSerthelis5ngprice

(seller'saskingprice)wassetattheappropriatemarketprice.

*Homesproperlypricedsoldwithin3%oftheseller'saskingprice.

*Therefore,ifapropertyhasnotreceivedanofferwithin60days,itisoverpricedbyatleast5%to10%orpossiblymore.

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TimeisoftheEssence

Themajorityofbuyerac5vityonanewlis/ngoccursinthefirsttwotothreeweeksoftheini5almarke/ngperiod.

Forthisreason,itisimportantthatyouhaveyourhomeinthe...

BESTCONDITIONandatthe

RIGHT-PRICE

atthe

FIRSTEXPOSUREtothemarket

Page 7: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

Several Possible Pricing Strategies "As Is" Pricing Strategy

The property is SOLD without benefit of any repair work paid for by the Seller that is either required or recommended in any inspection reports. Buyer may have any and all inspections deemed necessary to satisfy themselves as to the condition of the property. These inspection will be paid for by the Home Buyer! A Strategy such as this is used when the Seller is either in a Short Sale Situation or has little or no equity.

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AnotherPricingStrategyIsthe

“QuickSale”PricingStrategyThisstrategyisalmostalwayseffec/vebecausewhenapropertyispricedatorbelowthecurrentmarket,itwillusuallysellquickly.

Thispricingstrategymakesitmucheasierforustogetthea>en/onofotheragentsinourarea.Asaresult,therearenumerousshowings.ThisgeneratesoneormoreofferscomingfromagentsthatwaitforproperlypricedhomestoshowtotheirBESTClients.Thisisbyfarthemosteffec/vestrategytogetyourhomeSOLDFASTandforthehighestrealis5cpricethemarketwillbear.

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AndS5llAnotherPricingStrategy:"Tradi5onal"PricingStrategy…ThisstrategyiscalledTRADITIONALbecauseitcallsfordoingallofthenormalandusualac/vi/esthateventuallyleadtoasaleonyourhome…SuchasobtainingtheproperInspec/onsandcomple/ngallnecessaryrepairscalledforbeforethehomeisplacedonthegeneralmarket.Wearefollowingaseriesofac/onscalledforinourmarke/ngplan.Basically,weareimplemen/ngnumerousmarke/ngac/vi/esdesignedtocreateademandforpoten/alhomebuyersthatwanttopurchaseyourhome.

Note:Ifwedonothaveanofferwithin30-40days,thepropertyispricedtoohighandisinneedofapriceenhancement.Itisessen:althatautoma:cpriceadjustmentsoccurevery15-30daystomaintainmarke:ngmomentum.Usually,apriceadjustmentof5%to10%attheendofthefirst30dayswillresultinasaleshortlythereaSer.

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Who Determines the Market Value of My Home?

Truth is, No One Can Tell You What Your Home Will Sell For…

There are lots of opinions, yet only one set of facts. We will examine the Facts of Record and together determine a PRICING STRATEGY designed to sell your home for the most money.

The Real Market Value is Determined When Someone Says…

“I’ll Buy it!” Then, they either borrow the money or take it out savings and close. Then and only then, is the true market value of your home determined.

Until this event happens, it is important to examine the facts of record to help determine a Pricing Strategy designed to sell your home for the highest possible price.

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How Do You Determine Which Pricing Strategy is Best for Selling Your Home? As we said before, there are lots of opinions but only one set of facts. Together, we will examine the facts of record to determine the most effective pricing strategy to assure we sell your home for Top Dollar!

Our ‘Total Market Overview’ examines 3 things:

1. Similar Homes Recently Sold

Tells us what buyers are willing to pay for this kind of home, in this area, at this time. This group shows us exactly what home buyers are willing to pay today!

2. Similar Homes Now For Sale

Tells us about our competition. Buyers will compare your home to these homes.

3. Expired Listings

Tells us what buyers are not willing to pay for this kind of home, in this area, at this time.

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of the Marketing of Your Home is Accomplished Using a Pricing Strategy Based on Facts!

1. Getting Top Dollar for Your Home

A ‘Total Market Overview’ will assist us in determining a pricing strategy that leads to a sale.

2. Mobilizing the Agent Community

Agents will want to show your home to their buyers since a proper pricing strategy was used.

3. Buyers Are Anxious to See Your Home

Most Agents have several buyers that are ready-to-buy. They are simply waiting for a new listing that is priced properly..

4. TOTAL MARKET OVERVIEW

Using the Total Market Overview allows us to position your home to maximize our professional marketing strategies..

Remember, Our Job Is To Sell Your Home For The MOST Money, Not The Least!

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THINKINGABOUTSELLING?Priortomee/ngwithus,pleasefilloutthisquicksurvey.Telluswhatconcernsyoumostaboutsellingyourhomeandhiringarealestateagent.

Thatway,whenyoumeetwithus,wecandiscussonlythosethingsthatareMOSTIMPORTANTtoyou.Ourmee/ngwilltakeabout20-25minutes,unlessyouhavemoreques/ons.

WHATAREYOUCONCERNEDABOUT?

NOTCONCERNEDVERYCONCERNED

LENGTHYLISTINGPERIOD? 1 2 3 4

FORECLOSURES? 1 2 3 4

BROKERCOMMISSION? 1 2 3 4

SHOWINGPROCEDURES? 1 2 3 4

ADVERTISING? 1 2 3 4

OPENHOUSES? 1 2 3 4

WRONGAGENT? 1 2 3 4

INTERNET? 1 2 3 4

PRICINGSTRATEGY? 1 2 3 4

TIMETAKESTOSELL? 1 2 3 4

CLOSING? 1 2 3 4

HomeWorkPage

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There's No Place Like Home Tell Me Why Your Home Is Special We're sure you have enjoyed living in your home and have been pleased with its many features. We can make sure we tell prospective buyers about all the special features of your home. Please fill in the items below so we can target our marketing efforts to those prospects most likely to buy your home.

Home features that we have really enjoyed:______________________________________

The type of person I think will love my home the most is:___________________________

Because of these features:_____________________________________________________

How would you describe your home to a buyer :__________________________________

Your

Name:______________________________Address:________________________________

City:___________________________________State:___________Zip:________________

Thank you for your cooperation.

(Beth and Evelyn)

Home Work Page

Page 15: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

You Get 2 Full-Time Professional Agents

You won't find ANYONE who will work HARDER or more

PROFESSIONALLY to get you the MOST money, the QUICKEST sale and the

FEWEST problems.

Page 16: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

Right Now, Serious Buyers

Go to a Realtor® . . .

because 98.3% of The Homes For Sale…

are Listed By A Realtor®.

Page 17: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

On Average . . .

Buyers View

12 Homes

Before Deciding.

That Means 11 Other Homes

Are Competing Against Yours!

Page 18: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

OurMarke5ngSystems...AreDesignedTo

TARGET&ATTRACTQUALIFIED&SERIOUSHOMEBUYERS.

NotThoseWhoWillOnlyBUYIfTheyCanStealYourHomeByMakingRidiculousLow-ballOffers!!

Page 19: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

WHYYOUSHOULDPRICEYOURHOMEREALISTICALLYTIMEChancesarethatyourhomewillsellatitsfairmarketvalue.Pricingitrealis/callyattheoutsetsimplyincreasesthelikelihoodofa3melysalewithlessinconvenienceandgreatermonetaryreturn.COMPETITIONBuyerseducatethemselvesbyviewingmanyhomes.Theyknowwhatisafairprice.Ifyourhomeisnotpricedwithinthecorrectrange,itverylikelywillnotbeexposedtoitspoten:alortargetedbuyers.REPUTATIONOverpricingcausesmosthomestoremainonthemarkettoolong.Buyers,awareofalongexposureperiod,areo\enhesitanttomakeanofferbecausetheyfear"somethingiswrong"withthehouse.O\enhomesthatareonthemarketforalong/meeventuallysellforlessthantheirfairmarketvalue.INCONVENIENCEIfoverpricingkeepsyourhomefromsellingpromptly,youcanendupowningtwohomes-theoneyou'vealreadypurchasedandtheoneyou'retryingtosell.80%OFTHEMARKETINGOFYOURHOMEISSELECTINGAPROPERPRICINGSTRATEGY.

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FourWaysWeWillExposeYourHomeToTheGreatestNumberofPoten5alBuyers1)  AgenttoAgentemailanddirectmarke5ngdesigned

tomobilizetheen5rerealestatecommunitytogetthemtoshowandsellyourhome.

2)We"targetmarket"todeterminewhothemostlikelybuyerwillbe--theywillpaythemostmoney.

3)Usingcupng-edgetechnologyand24hr.marke5ngbothonlineandoff,weexposeyourhometoenoughpoten5alhomebuyersandRealtorsthatitSELLS!

4)Weu/lizeprofessionalstagingandphotography.Weusedozensofhi-defini5on,high-defini5onphotos,uniqueverbiagethenlinkittohundredsofthemostvisitedhomebuyerwebsitesandsocialmedialoca/onsworld-wide.

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TheFactOftheMarerIs:PRICEFACT: THEBESTCHANCEFORSELLINGYOURPROPERTYISWITHINTHE

FIRSTSEVENWEEKS.STUDIESSHOWTHATTHELONGERA PROPERTYSTAYSONTHEMARKET,THELESSTHESELLERWILLNET.

Itisveryimportanttoselectaproperpricingstrategyatthesigningofthe employmentagreement.Interes/ngly,yourfirstofferisusuallyyourbestoffer. Herearereasonsforpricingyourpropertyatthemarketvaluerightfromthe startinordertonetyouthemostamountofmoneyintheshortestamounton /me.

OVERPRICED: Minimizesoffers Limitsqualifiedbuyers Lowersprospects

LowagentresponseLowshowings Limitsfinancing Netslessforseller Wastes/meandmoney

CLEANFACT: MOSTPEOPLEARETURNEDOFFBYEVENTHESMALLESTAMOUNT

OFUNCLEANLINESSORODORWHENBUYINGAHOME.SELLERSLOSE THOUSANDSOFDOLLARSBECAUSETHEYDONOTADEQUATELYCLEAN.

Ifyourhouseissqueakyclean,youwillbeabletosellyourhomefasterandfor moremoney.Ifyouareplanningonmoving,whynotgetridofthatoldjunknow sothatyourhousewillappearlargerandmorespacious? Odorsmustbeeliminated,especiallyifyouhavedogs,catsoryoung childrenindiapers,orifyouareasmoker.Youmaynotno/cethe smellbutbuyersdo!

Page 22: A Sellers Guide to Pricing and Markeng Your Home · 26.09.2017  · A Sellers Guide to Pricing and Markeng Your Home Our enclosed Markeng Proposal can never take the place of a personal

ThisInforma/onprovidedtoyouby:

BethJohnsonandEvelynBrown

RalstonCreekProper/es/RE/MAXAlliance9737WadsworthPkwyWestminster,CO80021

Ralstoncreekproper/es.com

ralstoncreekproper/[email protected]

LetUsKnowIfYouHaveQues/ons