Lake & Company uses five basic marketing procedures to
obtain the best price for your home:
1.Analysis
2.Preparation
3.Exposure
4.Negotiation
5.Closing
We submit this marketing program for your approval as a
means of describing the satisfaction you can expect when
you employ Lake & Company Real Estate as your marketing
representative.
Marketing Program
Step 1: Analysis
To arrive at a reasonable estimation of market value, it is
necessary to study the sales prices of other homes in your
area. We look at the price each seller was asking, the home's
final sales price, how long it was on the market and the
terms under which it sold.
In comparing homes, it is nearly impossible to find an
identical match, so it is important to make accurate
adjustments for size, condition and location. Pricing a home
correctly at the beginning is one of the most critically
important steps. Homes that are overpriced often just sit,
becoming "shop-worn" and resulting in a lower sales price
than they deserve.
Step 2: Preparation
When your home looks its best, it will generate buyer
interest and give you more sales opportunities of better
quality. As well, this demand for your home gives you
greater negotiating strength and will result in a higher sales
price.
Make sure your house has a clean, fresh look and you will
be happy with the results. If your house is empty, you may
also want to discuss "staging" it with select furnishings
provided by a staging professional. Buyers often make
decisions based on their emotional response to what they
see. A clean, sharp home is guaranteed to bring the results
you want.
Step 3: Exposure
Since our goal is to crate satisfied customers and the best
possible marketing environment, we provide the following
services to help you make informed decisions and market
your home effectively.
A. Submit your listing to the Northwest Multiple Listing
Service (NWMLS), which allows thousands of real estate
professionals and buyers to find information on your listing.
B. Provide national exposure on the "Featured Listings"
page of the popular Lake & Company website, including a
photo and summary of your home's features. We receive
requests for information on our listings from buyers across
the nation.
C. Hold broker's open houses to encourage maximum
exposure of your home to real estate professionals.
D. Hold weekend open houses whenever convenient for you.
This will allow the general public to view to view your
home and generate buyer interest.
E. Advertise to local, regional, and neighborhood
newspapers on a regular basis.
F. Advertise on the inside front cover of the Harmon Homes
magazine, a free publication that receives wide circulation.
G. Show your home to all qualified buyers. Many have been
referred to us by satisfied customers. Others have chosen to
work with Lake & Company through their interest in another
of our listings.
H. Create flyers which help both real estate professionals
and buyers to focus on the special features of your home.
I. Be personally present to protect your best interests when
any and all offers are presented to you.
J. Help with the negotiations and, if the offer isn't acceptable
as is, assist with the counter-offer.
K. Inspect and approve the buyer's house if the buyer must
sell that house contingent to buying yours.
Step 4: Negotiation
Buyers will often offer much less than your asking price.
Your Lake & Company Real Estate representative is skilled
in how to strike a balance between the price you have asked
for your home and the price that is being offered. It is
important that an agreement satisfy both the seller and the
buyer and be in line with the fair market value of the home.
We know how to create a win-win situation so that both
parties feel they've gotten a "good deal".
Step 5: Closing
After there has been an agreement, loan deadlines have to be
made, inspections (if any) must be cleared in writing, title
insurance must both be ordered and cleared in writing and
communication must be ongoing with escrow processors.
We manage these details on a daily basis and will keep you
informed on the progress of the closing.
OUR CONTINUING COMMITMENT TO SERVICE means
that we are always available for an real estate question you
may have or any help you might need with an real estate
issue. We aim to provide you with a satisfying experience
and a successful result. The steps we have outlined above
will achieve this goal.