lamerica real estate
TRANSCRIPT
LAMERICA Real Estate
Client:
Property:
Prepared By:
Rick Albert DRE#01884303
818.850.1869
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Standing out from the Crowd LAMERICA Real Estate is produces
extraordinary results. In 2013, 80% of our
listed properties have entered into escrow
over the asking price and in less than 30
days. This was an average of 568% better
than the competition. All properties
appraised at or above contract price. This
isn’t by coincidence; this is through proven
attention to metrics, high focus on details,
and follows through with each listing.
Property Offer Price Closed Price DOM Ave DOM in
area1
% Above
Ave DOM
3759 Whitespeak
Drive, Sherman
Oaks
$1,450,000 $1,467,500 3 34.1 1136.67%
2397 Morslay Road,
Altadena
$1,075,000 $1,100,000 6 25.25 420.83%
8530 Franklin Ave,
Hollywood Hills
$1,695,000 $1,710,000 10 119.67 1196.7%
7840 Torreyson
Drive, Hollywood
Hills
$3,500,000 $3,520,000 16 83 518.75%
222 N Lucerne Blvd,
Hancock Park2
$1,895,000 $1,880,000 47 72.4 154.04%
1Within a half mile radius of subject property, all Single Family Homes that closed within January 1, 2013 to April 1 , 2013.
All are standard sales. Information received from TheMLS Multiple Listing Service and LAMERICA Real Estate records. 2As of May 1, 2013, 222 N Lucerne is still in escrow and scheduled to close May 22, 2013.
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Research and Analysis
It takes more than just putting a “For Sale” Sign in front of a
home to sell. Deeply understanding the market conditions,
careful analysis of relevant comparable homes in a specific
area, and what emotional features buyers are looking for
are key differentiators between the “Still on Market” versus
“Sold”. LAMERICA does this through research and
implementation of our proven best practices. This research
includes but not limited to:
On a macro level
- Financing Options for Buyers - Relevant Supply Inventory
- Properties for Sale - Properties Sold
- Days on Market (DOM) - List Price versus Sold Price
On an individual property level
- Identify buyers’ needs - Thorough visual inspection of
property
- Understanding the competing
properties
- Suggested sales price based on
Comparative Market Analysis
- Expected selling timeframe
- Develop marketing plan
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Marketing Department
The marketing plan is split up into three performance drivers.
These drivers can be customized to fit with the needs of the
Seller and market. These categories are:
1. Online Driver
We pay to be featured on Trulia and Zillow landing page
for the area
Provide the maximum number of quality pictures allowed
Complete details filled out for maximum search ability
2. Off-line Driver
Strategic placement of open house signs (up to 40 signs
per open house)
Open house extended hours, both Saturday and Sunday,
every weekend until sold
Cross marketing with other nearby homes that do not
directly compete
Provide Financing Flyers for potential buyers
Comparative Market Analysis printed and stored for open
houses
Having a “For Sale” sign that is more client driven than
branding, or none at sellers' option
3. Realtor® Driver
Broker Opens as needed until sold
Reach out to active Agents in the area
E-Flyers sent to area specific Agents
We pay for full page color right hand placement print ads
for Realtor® magazines
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Buyers’ ways of finding homes
Many Buyers are using the internet for
searching their next home. But that isn’t
their only resource.
Source: 2012 Profile of Home Buyers and Sellers – National Association of Realtors
0
10
20
30
40
50
60
70
80
90
How Buyers Search for Homes
Percentage of Usage
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Online Syndication Based off of the research on the previous
page, online presence is a must. All of
LAMERICA Listings are syndicated to the
various websites such as the following:
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Property Specific Websites
Here at LAMERICA Real
Estate, property
specific websites can
be an integral part of
the home selling
process.
This allows our
Realtors® to disperse
up-to-date information
and pictures to
potential Buyers.
In addition, LAMERICA
employs certain
Search Engine
Optimization
Techniques for higher
rankings in Search
Engines such as
Google and Yahoo.
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Online Performance
LAMERICA practices what we preach. Online presence is
not only a must, but something measurable. LAMERICA
employs certain techniques to get higher rankings in the
major real estate websites such as Zillow and Trulia.
According to Zillow.com, featured listings get 3x the
exposure compared to non-featured listings. We pay to
have all of our listings featured.
In regards to Trulia, featured listings receive between 4x-7x
more views than non-featured listings.
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Flyers and Brochures
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What’s the cost to you?
LAMERICA Real Estate goes full force when it comes to
listing your home. And because of this, often times there
are extra costs that go into various aspects. These costs are
investments in selling your home paid for by LAMERICA.
Some of these costs include:
Quality Photographer: The better the photos, the more
attention the listing receives from other Realtors and buyers
which increases the probability it will sell faster and at the
maximum price.
Maximum Sign Placement: LAMERICA staff holds open houses
for extra days and extended hours. LAMERICA Real Estate open
house signs are placed based on a map strategically created
by us which produces more than double the national average
buyer visits.
Featured Listings: LAMERICA pays to have the homes Featured
through Zillow.com and Trulia.com. These are the top real
estate websites visited by Buyers. Through this, it allows your
home to be one of the first properties potential buyers see
when looking in your area. This more than doubles the national
average of web visits.
Agent Specific Marketing: LAMERICA Real Estate goes beyond
the multiple listing service by sending out area specific e-mails
to agents who have pools of buyers waiting to purchase your
home. LAMERICA also pays for color full page, right hand side
placement in the top Realtor online/print publication.
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LAMERICA
With LAMERICA Real Estate, you don’t just have an agent
selling your home; you have a staff of experts.
Paul Wylie Broker/Chairman
Paul has over 30 years of mortgage, escrow, insurance, real estate
development, investing, and brokerage experience. In 1990, Mr. Wylie
co-founded Metrocities Mortgage, a national residential mortgage
banking firm ranked #1 nationwide in real estate joint ventures and in
the top 1% of mortgage companies nationwide in closed loan volume.
Metrocities Mortgage grew to over 64 locations in 30 states nationwide.
Customer satisfaction was surveyed and consistently exceeded 95%.
Heroic Customer Service © was the central core value and staff
deliverable. The highly successful client Pathway to the President was
highly successful. Mr. Wylie also has founded and served as president of
real estate companies over the duration of his career as a California
Broker since 1988 and licensee since 1986.
John Stewart CEO
John Stewart has over 26 years of real estate, escrow, insurance, and
mortgage experience including with Metrocities Mortgage, which he
co-founded. He has also been an accomplished executive with
Fortune 500 companies. He has held a California real estate license
since 1987. Mr. Stewart has highly regarded real estate design and
development expertise. His critical and creative problem solving and
attention to detail add tremendous value to our clients’ results.
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LAMERICA
Rick Albert Realtor®
Rick Albert is a college graduate of California State University, where he
won awards both at a university and national level. Rick has developed
real estate skills in the following: purchasing and selling, marketing,
foreclosure sales and acquisitions, construction, property management,
and sales. In his off time he volunteers, reads, and participates in
various obstacle course sports.
Marika Smith Escrow Officer/Transaction Coordinator
Marika Smith has over 20 years of escrow experience, including as
Manager and Escrow Officer at Fidelity National Title, where
responsibilities included managing escrows throughout their life cycle.
Ms. Smith worked in a prior role as Manager and Escrow Officer for
Commerce Title, where she serviced all escrows for Centex Homes
throughout Los Angeles and Ventura counties. She is experienced in
purchase escrows as well as refinance transactions. Throughout her
career, she has also been an integral part of the escrow team for First
American Title, Chicago Title, Townsgate Escrow, TMC Escrow and
Country Oaks Escrow. Ms. Smith knows what it takes for a transaction to
operate smoothly and efficiently from opening to closing.
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Comparative Market Analysis
The following pages are the detailed Comparative Market
Analysis of your home. Below is not only the summary of the
comparables, but insight into your specific area.
The following table summarizes the prices calculated from
the adjusted comparables:
Low Median Average High Count
Comparable Price
Adjusted Comparable
Price
Your Market*:
Your Area:
Number of Active Homes
Number of Homes in Escrow
Number of Sold Homes
Average Days on Market
*All homes are within a half mile radius and sold properties were within the last 6
months.