Innova ve | Focused | Commi - CENTURY 21 S.G.R€¦ · Why list with Century 21 SGR, Inc.? Superior...
Transcript of Innova ve | Focused | Commi - CENTURY 21 S.G.R€¦ · Why list with Century 21 SGR, Inc.? Superior...
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Seller’s Handbook
VALUE PROPOSITION
We are a strong, vibrant real estate firm with a global reach. We strive to deliver unsurpassed market intelligence and insight. We are commi ed to our clients and their goals. Belonging to a global network is our edge: This EDGE allows us to give
unparalleled exposure to our lis ngs.
The
Larg
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75 Countries World Wild
World Class Marketing Systems & Tools
Property Discovery Through Unparalleled
Thousands Of Successful Sales
OUR GLOBAL NETWORK… OUR LOCAL SUCCESS...
COMMITTED AGENTS Our Agents singular focus is to achieve their clients’ goals. Invariably, these goals have three interwoven components: The best possible price The shortest period of time The most seamless transaction possible To affect these layered goals our agents work unceasingly to expose their clients’ properties to the market. It’s through creative, systematic marketing that our clients’ goals are affected. It’s only through a global internet - referral network that maxi-mum exposure can be achieved.
COMMITMENT
Exposure to discovery through to sale. No firm is better equipped to complete this cause and affect triangulation than SGR.
THE BE ALL AND END ALL: MARKETING
As part of the most successful global real estate network, SGR has full access to the most creative and sophisticated graphic design systems and tools extant. We are able to present a property in its fullest light to the largest, qualified audience possible. Exposure, is achieved through world-class graphic design imaging; through unsurpassed agent access: 143,000 Century 21 agents; 13,000 CAR members; 50,000 Multiple Listing Service of Northern Illinois participants; and through comprehensive persistent marketing, running the gamut from the time tested… signage, open houses, broker contacts to the technologically creative… internet placement, search engine optimization, individual listing web pages, keyword purchase, exclusive internet lead capture. Underlying everything are the most committed and tireless agents to be found.
EXPOSURE
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The Internet is the primary way for exposure and discovery of lis ngs. The Na onal Associa on of Realtors reports that 84% of consumers go online to find their next home. SGR’s experience suggests that approximately 93% do so. This is where SGR separates itself from local compe tors.
3 MILLION According to Webtrends Analy cs, Century 21.com receives approximately 3 million unique visitors* per month. With direct linkage by zip code, lis ng, office and agent, SGR receives thousand of leads from this one service alone. *unique visitors are the number of different individuals that access cen-tury21.com during the course of the month.
CENTURY21.COM ATTRACTS MORE THAN 3 MILLION UNIQUE VISITORS PER MONTH
EXPOSURE
EVERY SGR LISTING IS DISPLAYED IN SHOWCASE FORMAT WITH MULTIPLE PHOTOS AND SLIDESHOW
On our award winning national website, SGR showcases all of its listings with an innovative search experience. We offer an array of options to display the search: List, Grid, Map and Photo Flow. We also distribute all of our listings to other national sites to achieve maximum exposure & discovery. Google.com Trulia.com Zillow.com Yahoo.com Homes.com Chicagotribune.com Craiglist.com Msn.com Realtor.com Homefinders.com AOLrealestate.com Frontdoor.com Wallstreetjournal.com Cyberhomes.com Coldwellbanker.com BHGrealestate.com
INTERNET MARKETING
YOUR LISTING
MLS-MRED
REALTOR.COM
CENTURY21SGR.COM
OTHER WEBSITES
YOUR LISTING WILL BE DISCOVERED
TRULIA.COM
LOOPNET.COM
CENTURY21 INTERNAL DATABASE
CITYFEET.COM REALESTATE.YAHOO.COM
REALESTATE.AOL.COM REALESTATE.MSN.COM
HOMES.DAILYHERALD.COM PLUS HUNDREDS MORE…..
HOMES.COM
CHICAGOTRIBUNE.COM GOOGLE.COM
ZILLOW.COM
CENTURY21.COM
EXPOSURE ‐ DISCOVERY ‐ SALE
TIME TESTED...SUPERIOR IMAGING
THE MOST RECOGNIZED SIGN IN THE WORLD
A CMA is a comparison of similar type properties that have sold in the recent past, preferably the last three months. It secondarily analyzes pending sales, houses presently for sale (actives), houses that have failed to sell (expired), and absorption rates (how many homes are selling per month in a specific area). By far the most weight is given to sold and closed properties. These comparables tell us what buyers have actually paid for properties in the most recent past. The key for agents in guiding sellers on price is to find true comparables. Factors which affect the value of properties can be divided into internal and external determinants:
CMA
Location Size Livable Square Footage Lot Dimension Zoning Condition Special Features Physical & Functional Utility
INTERNAL PROPERTY FEATURES
EXTERNAL FACTORS
Market Conditions
- Supply & Demand - Comparable Properties for Sale - Absorption Rates - Market Times - Time of Year - Psychology of Market - Foreclosure in Area - Short Sales in Area - Interest Rates - Employment
Agents must find comparables that closely mirror these internal influences and factor into the equation the external components. They must have exceptional analytical skills, knowledge, and experience to do this.
Agents must also possess a high level of confidence and conviction so they don’t dilute their recommendations when facing sellers who confuse prices paid with present values or needs.
A 2014 Agent Metrics report entitled “Selling Price to Original Listing Price” for the City of Chicago shows that when the average days on the market for a home is 116 or less, the average selling price as a percentage of the original listing price is 96%; conversely, when the average days on market extends to 240 or more, the average selling price as a percentage of the original listing price drops to 82%. Conclusion: Sellers must price their properties correctly from day one.
Average selling price as a per-centage of OLP
Average days on market
Average selling price as a per-centage of OLP
Average Days on market
96% 116 82% 240
Home with no price changes Home with at least one price change
Source: Agent Metrics, MRED LLC data, 2014, Selling Price to Original Listing Price, City of Chicago.
THE SELLING PROCESS
NEGOTIATING THE CONTRACT
An offer is not a contract until fully executed by the buyer & seller. An agent’s job is to generate an offer or offers Once an offer is generated, the negotiations can begin. This is another facet of the transaction where comprehensive training and experience are critical.
Long before reaching the second phase of the transaction your agent will have reviewed with you…
All contract and disclosure forms The original and updated CMAs Single and multiple offer protocols All probable buyer financing options His or her fiduciary obligation
With the seller’s objectives clearly understood and extensive pre-negotiation preparation in place, the actual negotiations usually proceed in a calm and professional manner.
CONTRACT TO CLOSING AND BEYOND
Holding the transaction together after the acceptance of an offer is the final phase of this Trinitarian process. Every detail to effect a closing must, and will, be attended to by your agent. They will coordinate, oversee, and direct the following pre-closing activities:
Document collection, including all contract and disclosure forms, and distribution to all parties
Notification of and compliance with all “time is of the essence” contractual deadlines including, but not limited to, the following:
Attorney’s review Property inspection Receipt of earnest money Escrow compliance Loan commitment Preparation and distribution of broker’s statement Closing of escrow Closing confirmation
Your agent will explain to you all other pre- and post- closing services that are administered primarily through the Century 21 international alliance partner-ship network. They include:
Home warranty Recommended contractors Relocation services Moving and storage discounts
After the closing your agent will keep you informed about the marketplace through periodic reports detailing the state of the market nationally and locally.
Yearly, an updated CMA will be emailed to you. “Our goal is to make Century 21 SGR your brokerage firm for life.”
Why list with Century 21 SGR, Inc.? Superior agents – training, productivity, energy, teamwork Superior marketing system—comprehensive, written, verifiable Superior results: best possible price; seamless transaction
SOUTH LOOP OFFICE 1823 S. MICHIGAN AVE.
CHICAGO IL 60616 312.326.2121 (o) 312.326.7911 (f)
WEST LOOP OFFICE 1161 W. MADISON ST.
CHICAGO IL 60607 312.455.3122 (o) 312.455.3124 (f)
LINCOLNWOOD OFFICE 6600 N. LINCOLN AVE. LINCOLNWOOD IL 60712
847.983.4477 (o) 847.983.4436 (f)
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