Homeselling Proposal Prepared for [Seller’s Name] Presented by [Sales Professional’s Name] Berkshire Hathaway HomeServices [Company Name] [Address] [Address] [Office Phone] [Home Phone, Mobile, Pager] [Email/Website Address] [Date] Menu Identifying Your Goals Marketing Your Property Establishing A Pricing Strategy Preparing Your Property for Sale Who We Are Homeselling Proposal IDENTIFYING YOUR goal s Prepared for [Seller’s Name] Presented by [Sales Professional’s Name] Berkshire Hathaway HomeServices [Company Name] [Address] [Address] [Office Phone] [Home Phone, Mobile, Pager] [Email/Website Address] [Date] Your Needs Come First The process of marketing and selling your house must match your objectives, priorities and needs. In order to best serve you, I want to learn more about your plans and housing priorities. The following topics outlined below can help me understand your goals and help us build a strong working relationship: How we will work together in the marketing and sale of your property. The objectives you want to achieve from the sale of your house and the support you expect to receive from me. How the homeselling process should be tailored to fit the characteristics of your property. How the homeselling process should be tailored to fit your schedule. Developing a communication plan that works for everyone. Understanding Your Expectations The following topics will help me understand what is most important to you in the sale of your property. Communication Motivation Time frame Relocation assistance Homeselling decisions Price Marketing plan Previous homeselling experience Positive experiences Concerns Expectations Appreciating Your Property Each property has special features that may interest buyers. Please tell me about your house. What do you feel are the most appealing features of this property? What features does this property have that differentiate it from other similar properties? What changes or enhancements would you suggest to make your property as salable as possible? What do you regard as the most attractive features of the surrounding neighborhood? Do you have any special terms or conditions regarding the sale of your property I should be aware of (e.g., items of personal property to be excluded, etc.)? Are you aware of any problems or concerns regarding the property or the neighborhood that will need to be disclosed to prospective buyers? Homeselling Process Selling a house typically includes many of the following elements. I will be your resource and guide every step of the way. Initial Consultation • • • • Design and Implement Marketing Plan • • • • • • Determine your needs and priorities Review “Agency” choices and select appropriate working relationship Discuss Marketing Plan Establish Pricing Strategy Complete home enhancement recommendations Carry out scheduled marketing activities Show the property to brokers and prospective “qualified” buyers Communicate with you on a regular basis Monitor results of marketing activities Modify Marketing Plan and Pricing Strategy as necessary Homeselling Process (continued) Review Offer and Reach Agreement with Buyer • • • • Complete Settlement Process After-sale Service Buyer’s real estate professional presents offer Discuss and clarify proposed terms and conditions Negotiation; possible counter offers Reach final agreement • • • • • • • • • Deposit of buyer’s earnest money Sign Documents Title search, preliminary title report to buyer Inspections Removal of remaining contingencies Buyer’s final walk-through of property Loan funding/balance of funds from buyer Recording of title Relocation of seller, possession of property by buyer • • • Help you find your next home, as needed Assist you with relocation, as needed Provide resources for other after-sale homeowner needs How the Commission Gets Divided Normally, real estate commissions are split four ways: 1. 2. 3. 4. The listing agent The selling agent The listing broker The selling broker Each of these professionals serves a very important role in the sale of your home and is duly compensated for their services. MARKETING YOUR PROPERTY The Goals of Effective Marketing To successfully promote your property to the market, a comprehensive plan of targeted activities is essential. Our marketing program has three aims: Promote directly to prospective buyers • Print advertising • The Internet • Yard sign • Open houses • Other marketing materials Enlist the efforts of other real estate professionals • The Berkshire Hathaway HomeServices Network • Referral and relocation resources • Multiple Listing Service (MLS) • Direct promotion to other real estate professionals Maintain communication with you • Review the results of our marketing activities • Consult with you to fine-tune our marketing strategy, as needed National Advertising We place print and online advertising to generate top-of-mind Brand awareness among millions of potential homebuyers and sellers. National marketing and advertising programs drive consumers to www.berkshirehathawayhs.com. Our public relations and communications programs also build on our Brand awareness and underscore our Network’s position as the authority for real estate and related services. The Internet Potential buyers will have instant access to information about your property through our industry-leading website network. In addition to my personal website and the BerkshireHathawayHS.com national website, your listing will appear on dozens of sites including enhanced presence on Trulia, Zillow and Realtor.com. BHHS Advantage BHHS Alliance Coldwell Banker Gundaker Coldwell Banker Premier Dielman Sothebys Janet McAfee LauraMcCarthy Keller Williams REMAX.com RE/MAX Best Choice RE/MAX Gold RE/MAX Results RE/MAX Suburban RE/MAX Midwest RE/MAX Properties West RE/MAX Cornerstone RE/MAX Discover RE/MAX Gateway STLtoday NetZero Juno Trulia Front Door PropSmart Zillow MSN Yahoo Excite Google Move.com Moving.com HomeStore.com RealEstate.com LendingTree.com eRealty.com Realtor.com And More! *All BHHSSP listings are syndicated through St. Louis MARIS MLS IDX feed. Many more sites receive listing syndication than listed herein. If a transmission error causes a listing not to appear on one of these websites, contact your agent. A Marketing Plan for Your Property Marketing Tactic Implementation Install lock box with key 4/7 Install yard sign Week of 4/9 Submit property information to BHHSselectSTL.com website system Week of 4/9 Submit property information to Multiple Listing Service Week of 4/9 Promote to BHHS Select Properties sales professionals at office meetings 4/10 (weekly) Preview for BHHS Select Properties sales professionals via virtual tour 4/10 Promote to other sales professionals Real estate professionals preview 4/12 4/13 Advertise in Your Next Home Magazine Next Issue Open House 4/15 (twice monthly) Distribute “Just Listed” eCards and postcards Week of 4/16 Feature of my personal website Week of 4/16 Advertise on Social Media Week of 4/16 Listing Reports Berkshire Hathaway HomeServices Select Properties has created exclusive detailed reports to keep you updated on the activity on your listing. The reports include online activity on your listing, show other similar properties for sale nearby and include details on similar homes that have recently sold. Scheduling of Marketing Activities Week of Mon Tues Wed Thurs Fri Yard sign MLS Website Top real estate search sites April 16 April 23 April 30 Sun Install sign and lock box April 2 April 9 Sat “Just Listed” eCards & Postcards Promote at office meeting Virtual Tour posted Promote at networking groups Preview for all real estate professionals Preview for top Buyers Agents Ask 25 Campaign Advertise in newspaper Open House Promote at office meeting Promote at office meeting Promote at office meeting Advertise in newspaper Open House Progress review Advertising and Promotion Our innovative and aggressive advertising and marketing activities will help attract qualified buyers to your property. Local advertising Flyers and/or brochures created by design professionals and customized for your home. Our Just Listed postcard program will mail high-quality full-color postcards to the 50 homes surrounding your listing to alert neighbors so thy can tell friends and family they wish to live near them about the listing. Your Next Home Magazine – offered for free at local grocery stores this full-color magazine has staying power with issues coming out monthly. Advertising and Promotion (Cont’d) Other advertising Via my mobile website potential buyers can find and learn details about your listing from their smartphone Virtual tours to give buyers a look at your property set to music and get posted to social media Social media marketing to both potential buyers and other real estate professionals Important Ways to Promote Your Property By providing peace of mind to prospective buyers, these steps can enhance the salability of your property: A written property disclosure statement will give buyers a clear understanding of this property and the surrounding neighborhood. A home warranty can give prospective buyers peace of mind by providing repair-or-replace coverage of major home operating systems and appliances. Professional inspections, such as structural, roof and termite, will reveal the current condition of the property. ESTABLISHING P R I C I N G S T R AT E G Y prIcIng Understanding Market Value Market-sensitive pricing can be the key to maximum market exposure and, ultimately, a satisfactory sale. The existing pool of prospective buyers determines a property’s value, based on: Location, design, amenities and condition. Availability of comparable (competing) properties. Economic conditions that affect real property transactions. Factors that have little or no influence on the market value of a house include: The price the seller originally paid for the property. The seller’s expected net proceeds. The amount spent on improvements. The impact of accurate pricing: Properties priced within market range generate more showings and offers, and sell in a shorter period of time. Properties priced too high have a difficult time selling. Determining a Market Sensitive Price An impartial evaluation of market activity is the most effective way to estimate a property’s potential selling price. A Comparative Market Analysis considers similar properties that: Have sold in the recent past This shows us what buyers in this market have actually paid for properties similar to yours. Are currently on the market These are properties that will be competing with yours for the attention of available buyers. Failed to sell Understanding why these properties did not sell can help avoid disappointment in the marketing of your property. Comparative Market Analysis Subject Property: Address Bdrms Baths Gar Age Style Terms Days/Mkt List $ Sale $ Remarks Style Terms Days/Mkt List $ Sale $ Remarks Style Terms Days/Mkt List $ Sale $ Remarks Style Terms Days/Mkt List $ Sale $ Remarks Similar Properties That Sold Recently: Address Bdrms Baths Gar Age Similar Properties Now Active On The Market: Address Bdrms Baths Gar Age Similar Properties That Failed To Sell: Address Bdrms Baths Gar Age Comparative Market Analysis Graph Similar Properties That Sold Recently Actual sales price (in thousands) Similar Properties Now Active on the Market Current list price (in thousands) Similar Properties That Failed to Sell Final list price (in thousands) Dangers of Overpricing – Timing and Activity An asking price that is beyond market range can adversely affect the marketing of a property. Marketing time is prolonged and initial marketing momentum is lost. Dangers of Overpricing – Fewer Buyers Fewer buyers will be attracted and fewer offered received. The property attracts “lookers” and helps competing houses look better by comparison. If a property does sell above true market value, it may not appraise, and the buyers may not be able to secure a loan. The property may eventually sell below market value. Progressive Value Range Marketing Berkshire Hathaway HomeServices Progressive Value Range MarketingSM may be an effective strategy for your property and can give your property an advantage over other houses on the market. BENEFITS FOR BUYERS BENEFITS FOR SELLERS BENEFITS FOR SELLERS Increased marketing exposure for the property Introduces a larger selection of properties to view Eliminates the need for price reductions Eliminates intimidation by a fixed price tag Accelerates the sales process by encouraging more offers Allows searching within affordable price ranges Optimizes final sales price allowing true market forces to determine maximum price Allows the negotiation process to be more comfortable Attracts more buyers P R E PA R I N G Y O U R PROPERTY FOR SALE property You are the Key Player on the Homeselling Team No one has a more important role in the homeselling process than you. Here are some ways your participation can contribute to a successful sale: Maintain the property in ready-to-show condition. Ensure that the house is easily accessible to real estate professionals (lock box and key). Try to be flexible in the scheduling of showings. When you are not at home, let me know how you can be reached in case an offer is received. If approached directly by a buyer who is not represented by a real estate professional, please contact me. Do not allow them into the property unescorted. Remove or lock up valuables, jewelry, cash and prescription medications. How Will Buyers See Your Property It is important for a property to make the best possible impression on prospective buyers. The following can interfere with a buyer’s appreciation of a property: Exterior Clutter Lawn needs mowing and edging Untrimmed hedges and shrubs Dead and dying plants Grease or oil spots on the driveway Peeling paint Anything that looks old or worn Interior Worn carpets and drapes Soiled windows, kitchen, baths Clutter Pet and smoking odors Peeling paint, smudges or marks on walls Show Off Your Home Every Time These tips can help your house make the best impression, every time it is previewed by sales professionals or shown to prospective buyers: Exterior Remove toys, newspapers, Interior yard tools and other clutter. Tidy up; pick up after pets. Park vehicles in the garage or Make beds; clean up dishes; empty wastebaskets. Remove clutter throughout and put away toys. on the street; leave the Set out “show towels” in baths. driveway clear. Freshen the air; potpourri or Add color with flowers and baked bread aroma; deodorize potted plants. pet areas; set a comfortable temperature. Do quick vacuuming and dusting. Arrange fresh flowers throughout. Fire in fireplace (when appropriate). Play soft background music. WHO WE ARE about us How I Can I Help You I will apply my knowledge and expertise to achieve the successful sale of your property. Here is what you can expect from me: I will work with you at every stage of the homeselling process, from the development and implementation of a Marketing Plan, through the negotiation of purchase offers, to the final settlement of the transaction. We will want to agree to a system of regular communication so that you can be kept informed at all times. I will give you reliable information and solid advice so that you can make informed decisions. It is my hope that you will be so pleased with my service that you will turn to me for advice on your future real estate needs. My Credentials Insert your own photo here Here are some things you might like to know about me. An active member of the community [Insert copy] [Insert copy] [Insert copy] An experienced sales professional I am ready to help you find your next home! [Insert copy] [Insert copy] [Insert copy] About My Company What distinguishes Berkshire Hathaway HomeServices Select Properties from others? A rich heritage We’ve been in business since 2002 and stood strong through one of the worst dips in the real estate market in recent memory. A strong local presence We are locally owned and operated and participate in our community in many ways including: Toys for Tots, Angels Arms, Sunshine Kids and more. A connection to the community In addition to real estate listings and information, our company and agent websites list community information, things to do in St. Louis, local wineries, food trucks, St. Louis patios and rooftop dining, one tank road trips from St. Louis and much more. On social media we run pages including “You know you’re from St. Louis when…” “365 Things to do in St. Louis,” and “365 Things to do in St. Charles” to keep people informed of the many great things about our area. Sunshine Kids The Sunshine Kids The Sunshine Kids (SSK) is a national nonprofit organization dedicated to serving children with cancer. Locally they serve St. Louis Children's Hospital and Cardinal Glennon Children's Hospital. Our company consistently ranks in the Top 10 contributors nationwide to the Sunshine Kids Foundation. Throughout the year, we participate in many fundraising activities including golf tournaments, auctions, trivia nights, and listing programs. These programs, among many others, help support The Sunshine Kids. For more information visit the SunshineKids.org. The Sunshine Kids Pledge Program As a Sunshine Kids Pledge agent, I pledge to donate monthly to the Sunshine Kids. This is my way of helping children with cancer celebrate life. The Sunshine Kids Listing Program Our listings that carry a Sunshine Kids logo represent a commitment to support the cause. Agents and Sellers make donations of $10 or more to the Sunshine Kids and receive: • • Special signage for the yard Special signage on my website and BHHSselectSTL.com search results pages. One Stop Shopping Berkshire Hathaway HomeServices Select Properties provides one-stop shopping with in house financing company and title company offices. Preferred Home Lending Select Properties has partnered with Pulaski Bank to create Preferred Home Lending (PHL). We have a loan officer in each of our real estate offices to assist with any buyer’s financing questions and to help them get financed. Select Title Company You can’t have a home sale without a title company. At Select Properties we have title company staff in each of our offices to assist with titles and closings. Home Securities of America Nothing is more comforting to potential buyers than a home warranty. Select Properties is affiliated with Home Securities of America (HSA) and offers great warranties through their services. One Source Connect At Select Properties, we offer One Source Connect services. One Source Connect can help new homeowners connect their phone, utilities and cable with just one call. Select Leasing & Management Leasing and property management services offered to renters and owners Our Offices South County 4448 Lemay Ferry Rd. St. Louis, MO 63129 314-714-1100 St. Charles County 6149 Mid Rivers Mall Drive St. Charles, MO 63304 636-720-1100 Ballwin/Wildwood 16442 Village Plaza View Dr. Wildwood, MO 63011 636-779-1100 Des Peres 13275 Manchester Rd. Des Peres, MO 63131 314-775-2050 Troy 15 Sydnorville Road, Suite 2 Troy MO 63379 636-462-8924 Clayton 7721 Clayton Road St. Louis, MO 63117 314-726-6442 Home Headquarters 1650 Des Peres Rd, Ste 205 St. Louis, MO 63131 314-835-6000 O'Fallon 3070 Winghaven Blvd O’Fallon, MO 63368 636-720-3000 Jefferson County 1895 Richardson Road Arnold, MO 63010 636-296-1444 Town & Country 1000 Woodsmill Plaza Town & Country, MO 63017 636-394-2424 Northwest 7451 N Lindbergh Blvd Hazelwood MO 63042 314-838-8661 Homeselling Services Commitment I commit that I will: Communicate with you in a timely and efficient manner. Identify your needs. Develop and implement an effective Marketing Plan for your property. Help you determine an effective pricing strategy. Recommend steps to prepare your property for market. Represent you in negotiations with prospective buyers. Work to protect your interests through the completion of the transaction. Thank You Thank you for taking the time to review this presentation. I look forward to working with you. © 2014 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.