BILL McGARRIGLE'S 23 STEP PLAN FOR SUCCESSFULLY MARKETING YOUR HOME
- Assist you in pricing the house fairly based on current market conditions and the best available "comparable" information.
- Help prepare you to consistently present or "show" your house in its best possible light.
- You may wish to consider ordering a 13-month "Home Warranty" policy from Home Security of America for your property. This policy benefits you and the Buyer as well as acts as a Buyer incentive. The cost of the Home Warranty is about $425, on average.
- Provide you with a "Seller Disclosure" form so that you can accurately represent your home to a Buyer.
a. *The Buyer's signature will ultimately be required on this form and made a part of the Agreement of Sale. - Place a "For Sale" sign in the yard and directional signs if needed.
a. *Sale signs account for a large percentage of leads. - Establish an agreeable showing procedure to allow the agent community to show your house to prospective Buyers and allow you to maintain your right to privacy.
- We will set the house up on our IYR, Call Capture, Recorded Message System. There will be a sign in the yard and the caller will typically get a call within 20 minutes of calling for information.
- Take photographs of the house to create a cover sheet for the house description. The buyers who visit the house will be able to take the picture brochure for review at a later time.
*They are less likely to throwaway anything with a picture! - Enter the house into the Multiple Listing Service with an honest and accurate description of the property.
*1 will send you a copy of the description for your approval. - Within a few days of listing, the house will be available on the Internet at:
a. My personal web site at www.billsells.com with pictures.
b. Realtor.com with pictures (#1 Real Estate website on the internet).
c. RE/MAX.com with pictures.
d. Syndicate your listing to hundreds of online classifieds - When your home is loaded onto www.billsells.com with pictures, I will then broadcast it to my web prospect list (approximately 2,150 email addresses). These prospective Buyers have asked to be notified when homes come on the market in your area!
- Discuss entering your home into my "Virtual Tour" program.
* A virtual tour of your home would be created and be made available on the Internet at the websites identified above. - Send out a minimum of 50 "Just Listed" cards to your neighbors. You will receive one.
- Contact a minimum of 10 agents who were involved in the last 5 successful sales of similar properties in the neighborhood.
*Or 10 agents who have showed similar homes listed with my office. This has been a great vehicle for "getting the word out." - Hold a "Broker's Open House" for the agent community to preview the house.
*Typically held on Tuesday from 12 to 2 PM.
WE DO NOT PRACTICE EXCLUSIONARY OPEN HOUSES. - Place a "New Listing" ad in the local paper within the first month of listing the house.
- Discuss holding a Sunday Open House to allow any prospective Buyers not working with an agent to walk through the house.
*Experience allows me to inform you that this marketing vehicle has a very low success rate. The Buyer flow, if any, tends to be unqualified or unrealistic. - Solicit "feedback" from all of the agents who show your house to a prospective Buyer.
*1 will be asking for the agent's opinion and the Buyer's thoughts on the price, condition, and marketability of the house. 1 will report to you those thoughts and comments. This feedback can be invaluable in making quick adjustments to market conditions. - Place a color picture ad of your home in the local "Real Estate Book." The house will also appear in "The Real Estate Book Online" at www.therealestatebook.com.
*This form of advertising has been very successful in generating activity. Please allow me to show you a copy of my last ad. - Items 5 through 15 will be laid out for you in a written schedule once we have determined the actual listing date.
- Assist you in evaluating the terms and conditions of any offers including the proposed financing.
*This will obviously include negotiating any necessary changesto that agreement. - Schedule and monitor the activities that are necessary to lead to a smooth settlement after successfully marketing the house and negotiating an Agreement of Sale that is acceptable to you.
- Attend settlement with you as your agent!