Presentation on theme: "PRE-SALE PACKAGE 8946 NOBLE AVENUE NORTH HILLS, CA 91343 PREPARED FOR JOHN MICKS FAMILY TRUST."— Presentation transcript:
PRE-SALE PACKAGE 8946 NOBLE AVENUE NORTH HILLS, CA PREPARED FOR JOHN MICKS FAMILY TRUST
COMPANY 500 Agents in Six powerfully located offices Encino ~ Northridge ~ Porter Ranch ~ Valencia ~ Mission Hills ~ Woodland Hills Founded in Over 20 Years of Serving As The Leading Independent Real Estate Company in San Fernando Valley A Full Service Real Estate company with Title, Escrow & Financing under one roof Sophisticated, comprehensive marketing programs Ownership support throughout your transaction Access to management to make informed, savvy business decisions Strong referral base of services. Strong relationships with Title & Home Warranty companies. Relocation assistance.
Ranked at #5 in Los Angeles County, Pinnacle has grown into a top-tiered real estate company destined for success TOP RANKED COMPANY
OUR AGENTS Pinnacle is family oriented - our key to our success Get support of locally established neighborhood company with benefits of a growing franchise corporation. We have size, strength, tools and resources, but operated with local neighborhood feel Despite rapid growth, we have have 100% commitment to quality service and to the community. Our agents are highly educated, sophisticated in their marketing, and are true neighborhood specialists Classes led by top producers, management and owners We are a growing company in a shrinking market
OBJECTIVES & GOALS Get Top Dollar for your home in your desired timeframe Getting you …. Make transaction as smooth as possible
OBJECTIVES & GOALS To be the leading real estate company of choice for the San Fernando Valley To be your local neighborhood resource To continue integrating ourselves into and effectively promote our commitment to philanthropy and community service To open four more offices and recruit 150 more agents To record over $2 billion worth of sales in 2007 To be listing as the #1 company in the Daily News and San Fernando Valley Business Journal
MARKET CONDITIONS Types of markets –Stable –Appreciating –Depreciating Pricing –100% Financing –Interest Only –1% Adjustables –Option Arm Timing –Competition is from a much larger market –Home with most value for least price will get the offer –Best to be right on the money and hard on the price - negotiating room can be burden Ease of Transaction
MARKET TRENDS The 70s – Recession: Property Levels Went Down – Property Values Leveled Off – Property Values More Than Doubled The 80s – Interest Rate 18%, Property Values Down – Property Values Leveled Off – Property Values More Than Doubled The 90s – Aerospace Relo, Property Values Down –1994 Northridge Quake, Values Continue Down – Home Values Leveled Off – Home Values About Tripled Residential Inventory is doubled, supply of homes on the market is 6.7 months up from 2 months
CONTROLLABLE & UNCONTROLLABLE FACTORS CONTROLLABLEUNCONTROLLABLE ~ Price ~ Interest Rates ~ Marketing ~ Price conditions ~ Inventory Good News for Buyers… PINNACLE ESTATE PROPERTIES, INC.
NEGOTIATING/PREPARING FOR OFFERS & PROCESSING THE SALE 1. I will present and explain the offer to you. 2. Different scenarios will be presented to you, in order to insure your objectives are being met. 3. Items to pay special attention to: A. Buyers qualifications B. Amount of Buyers Deposit C. Interest rate should be above the prevailing rates. D. Who is paying Buyers closing costs? E. Reliability & reputation of service providers F. Home protection plan. G. Protecting your interests in counter offers. As your REALTOR, I am your first line of defense and protection. YOUR best interests are always my first priority. 1. We will get you the highest possible price for your home! 2. We will negotiate an escrow period ideal for you. 3. We will negotiate a possession/occupancy period ideal for you. 4. We will negotiate personal property. 5. We will negotiate a large deposit from the buyers. 6. We will negotiate home inspection items. 7.We will watch the time periods for contingencies and inspections.
MARKETING PLAN Preparing Home to go to market Sell the home twice Brokers - Visibility & promotion to trade/industry Buyers …. Sell direct to consumer Showcasing property, justifying value and overcoming obstacles Managing Offers & Processing the Sale