Real estate market in Kamloops, British Columbia

A quality marketing system to get your home sold faster and for top dollar.

I believe our approach is one of the best systems available. Our marketing methods create maximum buyer exposure for your property. The following strategies will prove to sell your property faster, with less hassle and for more money.

Marketing Plan

• Research comparable properties that have recently sold, are currently for sale and properties that have not been selling
• Determine how quickly you need to move and determine why
• Determine what types of improvements you have done to your home, what features of your home make it attractive to buyers,
  types of cabinets, flooring, fireplace ect.
• Find out what you think your house is worth and why?
• Measure home for floor plan preparation and MLS® printout.
• Deliver copies of “your home” advertisements for your review.
• Inform all other agents in my office and surrounding offices in order to generate a buzz.
• Feature your home in MLS® weekly tours for agents to preview

High-tech Solutions

• Take digital photographs of your house for advertising material and website.
• Submit 8 digital pictures of the interior and exterior of your home to the MLS®.
• Create an online property feature page on www.kamloopsrealestate.info
• Put online a 360 degree virtual tour on our website and the MLS®
• Create a promotional flyer for the Sahali Mall Royal Lepage Kiosk

Weekly Activities

• Follow up with all agents that have shown your home
• Promote your home to top producing agents via email advertising the new listing and when we will be hosting an open house so they can come preview your home.
• Develop advertising materials to promote your house to the fullest potential.

My exclusive marketing guarantee

• Communication guarantee- we will talk every week.
• We our skilled negotiator and will negotiate the best terms and the highest price for you.

Post –sales duty

• Deposit cheque into our trust account.
• Arrange transfer of property and possession protocol (keys, garage door openers, warranties, garbage days & recycling days ect).
• Assist in scheduling closing date for you and all parties
• Coordinate financing, property inspections, and appraisal and possession activities.

Importance of Pricing Right

• It will sell faster – you will save on mortgage payments, taxes and carrying costs.
• Convience – It can take a lot of time and energy to prepare a home for sale.
• Exposure to more prospects- more people will be exposed to the property given its realistic price.
• Higher offers- when the home is priced right, buyers are less likely to low ball for fear that they will miss out on good value.
• More money to seller- when a property is priced right, the market excitement garners a higher sale in less time. You net more due to the higher sales price and lower dales cost.

Drawbacks Of Overpricing

• Reduces activity- agents won’t show the property if they feel the price is too high.
• Lower advertising response- buyers excitement will be with other properties that offer better value
• Loss of interested buyers-the property will seem inferior to other properties in the same price range.
• Attracts the wrong prospects- serious buyers will think that they should get more for their money.
• Eliminates offers-buyers may think that a fair priced offer could insult the seller.
• Causes appraisal problems-appraisal are based on market comparables.
• Listing will appear stale after it has been on the market for a long period of time. Buyers will think the reason why the house has been on the market for so long is because there is something wrong with it.

Getting Ready

• To sell your home, first sign the listing documentations(contract)
• Give us keys, access codes, floor plans and all your contact information
• Go to the website and view Sellers Info (or ask for a copy!) www.kamloopsrealestate.info
  

Prepare Your Home For The Market in Kamloops

Four Essential Steps
Make cosmetic improvements.
An attractive, clean and tidy appearance will enhance your home's appeal.

• Keep the lawn mowed & walks cleared
• Wash the windows squeeky clean
• Open the shades and curtains to make it bright and inviting
• Declutter the house, especially the kitchen and bathrooms

Pay attention to details.
Fixing the minor items can go a long way toward improving that important first impression:

• Repair leaky faucets
• Tighten loose door knobs
• Replace damaged screens
• Replace broken panes of glass - cloudy sealed-pane units can often be replaced inexpensively,
  and will drastically improve the appearance of a window or patio door.
• Replace burned-out light bulbs & broken light fixtures
• Secure loose railings
• Patch small holes in walls and ceilings and repaint
• Repair or replace faded or peeling wallpaper
• Repair and coat the driveway

Check the major systems.
A primary concern for home buyer's is the condition of the basic structure and major mechanical systems.
Most buyers have great fear of the cost to repair these critical areas:

• Roof structure and covering
• Foundation, basement, and/or crawl space
• Central heating and air conditioning systems
• Electrical system
• Plumbing system

Prepare for the buyer's inspection.
Find the various house records that can be used to answer questions from the purchaser and their inspector:

• Appliance receipts, service records and warranties
• Age of major components such as the roof, furnace, air-conditioner, etc.
• Major component warranties
• Heating, water and electric bills from at least the past 12 months

9 Critical Mistakes

Avoid 9 Critical Mistakes that could cost you thousands of dollars in the housing market.

1. Agents: Find a agent who will listen to you and to fulfill your needs. Avoid selecting an agent based on commission or list price for the property; you may well regret it.
   
   
2. Mortgages: Prior to listing, investigate your discharge penalties, portability options, and the possibility of the assumption of your mortgage by other parties.
   
   
3. Timing: Move up in a down market. You will likely make tip all, if any, of your price erosion.
   
   
4. Offers: BELIEVE IT!!! The first offer usually is the best offer. 
   
   
5. Preparation: Freshen up your home the inexpensive way: smell, cleanliness, de-clutter, paint, clean front and back entrances, fresh flowers inside and tidy outside.
   
   
6. Showings: Be out of the house for showings. Buyers like to imagine themselves living in the home and your agent can point out all the advantages of the property. If you are at home, avoid getting into a discussion with the buyers. You can undo the best presentation by talking too much and highlighting items in which they have no interest. Their agent knows what they are looking for in a home and is representing their interests under the new agency rules.
   
   
7. Contact: Know your rights and obligations and whether you are able to fulfill the terms of the contract. Your REALTOR® is competent to guide you.
   
   
8. Pricing: The most excitement, interest in the property, and offers, usually occur when it is new on the Compare your home to other properties SOLD, not listed, in your marketplace.  The most excitement, interest in the property, and offers, usually occur when it is new on the market. Therefore, pricing above the market value may mean chasing the market down and selling for less than would have been realized with an initial realistic listing price. Price within 5% of market value to ensure a sale.