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Market Share: Any way you slice it, we are the real estate Market Leader
Greater Philadelphia & Tri State Area*
* By % of Total $ Volume
Everybody Else
Patterson-Schwartz 2.6% C-21 Alliance 2.8% Long and Foster 4.02% Weichert 4.3% Coldwell Banker Preferred 4.6%
Market Area Surveyed Pennsylvania Counties: Philadelphia, Bucks, Montgomery, Delaware, Chester, Lehigh, Northampton New Jersey Counties: Salem, Gloucester, Camden, Burlington, Mercer Delaware: New Castle County
* Sold Settled This representation is based on data supplied by the TReND Multiple Listing Service. Neither that service, nor the Board of Realtors who sponsors that service, are in any way responsible for its accuracy. Data maintained by the Boards or service may not reflect all real estate activity in the market, such as information on listings not published at the request of the seller, listings of brokers who are not members of the multiple listing service or of the Boards, unlisted properties, etc. In settled transactions January 1 - December 12, 2013.
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
The The New Real New Real Estate Estate Reality Reality
In Real Estates new Reality, heres a checklist for every home seller:
1. Make sure your Realtor embraces the New Media.
The web is where buyers start (and stay with) their search for their dream homes. If your agent doesnt passionately embrace the web, youre at a disadvantage.
The The New Real New Real Estate Estate Reality Reality
In Real Estates new Reality, heres a checklist for every home buyer: t. 1. Use the best tools. Ours.
Nobody understands the new home buyers wants and needs better than BHHS Fox & Roach. Which is why weve powered up our website and added bells and whistles such as mobile phone apps, Open House listings on the homepage~~and created the Home Pilot Account which gets you instant updates. Search fast and smart. At foxroach.com!
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Three things you need to know about how home buyers look at the New Media:
More and more, home buyers find their new homes on the Internet.
Source: The 201 3 National Association of REALTORS Profile of Home Buyers and Sellers. Due to rounding, percentage distributions may not add up to 1 00 percent.
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
2
90% 80% 71% 70% 60% 50% 40% 29% 30% 20% 10% 0%
2003
This embrace of the New Media by home buyers has increased 39% in 9 years!
90% 13% 89% 15% 88% 13% 90% 11%
79% 76% 66% 53% 42% 57% 59% 69% 74% 75%
2004
2005
2006
2007
2008
2009
2010
2011
2012
Frequently
Occasionally
3
Source: The 2012 National Association of REALTORS Profile of Home Buyers and Sellers.
And look at how useful buyers consider the information they get via the Internet.
USEFULNESS OF INFORMATION SOURCES
Real estate agent Internet Home builder Yard sign Open house Relocation company Home book or magazine Print newspaper advertisement Billboard Television 27% 21% 24% 17% 15%
20% 40%
17% 18% 48% 53% 53% 11% 6% 8% 14% 16% 14% 16% 20%
2 *
0%
100%
Very Useful
Somewhat Useful
Not useful
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Our Exclusive Package of Powerful Initiatives to give your home maximum web exposure.
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Your propertys listing will appear on our worldwide network of top real estate sites
Our Company Web Site: foxroach.com National Real Estate Web Sites: Realtor.com Prudentialproperties.com Trulia.com Zillow.com Frontdoor.com Homes.com Homefinder.com Hotpads.com Openhouse.com Homewinks.com Propertypursuit.com Search Engines with Real Estate Search: GoogleMaps.com Lycos.com Yahoo.com Vast.com AOL.com Overstock.com Oodle.com
...and on the 4 most-visited sites weve upgraded our listings so they always appear at the top of the search!
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
and on the four most-visited sites, we upgrade our listings so they ALWAYS appear at the top of a buyers search!
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Of all the real estate web sites out there, foxroach.com is the fastest, smartest and most powerful www.foxroach.com
Buyers access the Regions largest inventory of homes right from the Home Page!
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Market Updates
Puts home searches at a buyers fingertips with apps for iPhone, Blackberry or Android!
Each and every one of our listings get its own high-quality, dedicated web site.
www.youraddress.go2frr.com
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Each and every one of our listings has a video uploaded to YouTube.
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Our new HomeText technology lets a buyer use a smart phone to access instant information about your property!
Text FR to 59559
123-555-1212 www.foxroach.com
A member of the franchise system of BHH Affiliates, LLC
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Fewer buyers are attracted, and fewer offers received Marketing time is prolonged, and initial marketing momentum is lost The property attracts lookers and helps competing homes look better by comparison If a property does sell above true market value, it may not appraise, and the buyers may not be able to secure a loan The property may eventually sell below market value
The danger of overpricing: The percent of buyers wholl view your property:
Asking Price in Relationship to Fair Market Value % of Prospective Purchasers Who Will Look at Property
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
At the heart of our web-centric marketing remains our passionate, professional Sales Associates.
The same data that shows us that home buyers are using the internet more and more also tell us that the real estate agent is still essential.
Most real estate companies in the region have top-quality people. We seem to have more than our fair share of them!
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com
To sum up...
Theres a New Reality in Real Estate:
Home buyers overwhelmingly use New Media. Successful sellers set the best price from Day One. You need to stage your house. A premarketing inspection is a strategic tool. Make sure all buyers are prequalified.
Ryan Carson Office: 610-398-9888 Ext. 163 Cell Phone 610-574-1451 Fax 610-398-8106 Email ryan.carson@foxroach.com