How I Sell Your Home

I have continuously updated my real estate marketing plan over the past 19 years to meet the ever changing demands of home buyers. Today, home buyers can get their data from many sources on their PC’s or SmartPhones, and 90% of the marketing data comes from one source.

I am that primary source!

A little real estate history: In 1991, a sign post, an ad in the Sunday Washington Post, an open-house with fresh baked cookies and some Xeroxed hand-outs was enough to give a home significant exposure. The MLS, obviously, was important to syndicate the home to all 5,000 REALTORS in Northern Virginia.

Believe it or not, on my first sale I had to explain to an agent that she could fax me the counter-offer rather than drive it to my Vienna real estate office!

In 1993, I asked my business card printer to add my AOL e-mail address to my business cards instead of my home telephone number (many agents thought I was nuts). Having worked for a Fortune 100 company before entering real estate, I had become accustom to communicating with my customers electronically and understood the benefits

In 1999, I registered my domain, dougfrancis.com , and provided a link so that clients had access to the regional MLS complete with e-mail alerts.

Welcome to Real Estate Marketing 2010-2011

Today’s real estate is marketed 24/7 through the Internet and each listing is syndicated to hundreds of consumer web sites such as Zillow, Trulia, Sawbuck, Redfin, Realtor.com or FranklyMLS. Home buyers typically pick a site they like, add the site’s “app” to their smart phone, and get text alerts when new properties are put on the market. In fact, since these “apps” are free, some of my recent buyer clients have multiple real estate “apps” on the same phone because one may do things differently than another.

The statistic show that 90% of home buyers start the process shopping for real estate online!

The role that I play in the marketing of your home has actually increased in importance from the old days of 20 years ago. You see, that core marketing data, marketing description and photographs for all those sites mentioned above comes through syndication agreements with MRIS. If the information is wrong, lacks photographs, has a poorly worded description or just shows poorly then your best prospects are going to pass you by!

As a test, put on your buyer hat and look at these San Diego, CA homes as posted on Trulia, one of the largest syndicators of real estate information on the Internet. The properties with good photos (more than 10) and a decent description are much more interesting. Agree? My point is that it is important for you to think like a potential home buyer when marketing your home.

With that in mind, here are key points of my marketing plan for your home:

• A get-acquainted meeting at your home to cover expenses, your competition, your goals and time frame, the listing agreement, and to take a look at your house.
• Review a Pricing Analysis including a close examination of recent comparable home sales, pending sales and an evaluation of overall market trends.
• Answer questions you may have on the real estate market or about me.
• Put together an initial project list.
• Have professional home-stager make suggestions after initial project list is complete.
• Take 50 to 100 digital photos and select the top 20 to 30.
• When ready, add property to MRIS to start syndication process, including all 12,000+ REALTORS in Northern Virginia.
• Add a custom page to dougfrancis.com for Google to index for top placement.
• Create a custom color brochure and place in the home.
• Place a RE/MAX sign on the property.
• Place a SentriLock Lockbox on the home.
• Try and get feedback on every showing.
• Provide feedback, positive and negative to you.
• Monitor sales and listing activity and keep you informed of the real estate market.
• Personally answer calls about you property.
• Be available to show your home either personally or by an associate on my team.

The goal is to get an acceptable offer on your property which will have the greatest probability to close and settle on time. Inspections, contingencies, and mortgage financing all come with new hurdles that may surprise even an experienced home seller.

Once there is a Ratified Contract, my team will…

• make sure the home inspection is scheduled
• deliver any Home Owner Association Documents
• send contract to the Settlement Agent
• send your current mortgage information to the Settlement Agent
• ensure appraisal is scheduled and provide property access to appraiser
• order a termite or pest inspection
• help with any repair estimates if necessary
• follow-up weekly with all parties: you, lender, settlement agent, contractors, buyer’s agent
• schedule the settlement time
• remind you to notify your utility companies and provide details for final bill
• establish the “final walk-through inspection” with the buyer’s agent

Working together, your home will sell!