Listing Triangle™ - Front Street Brokers | Page 3

Table of Contents WHAT IS THIS “LISTING TRIANGLE?” ............................................................. 3 G ETTING BUYERS TO PAY MORE FOR YOUR HOME ......................................................... 3 P ROBLEM #1: ........................................................................................................................ 4 P ROBLEM #2 ......................................................................................................................... 4 P ROBLEM #3 ......................................................................................................................... 4 VISIBILITY ................................................................................................................ 6 A MPLIFIED S YNDICATION ..................................................................................................... 6 Front Street Exclusive Distribution Channels ............................................................................... 6 W AKE UP SLEEPING BUYERS ................................................................................................. 7 S LOWING BUYERS DOWN ....................................................................................................... 7 S PEED BUYERS UP .................................................................................................................. 7 Avoiding Buyers from ruling it out too soon .................................................................................. 8 Amplify the best features and reasons to buy ............................................................................... 8 Help you leverage your network ......................................................................................................... 8 Leveraging your neighborhood ........................................................................................................... 8 PRESENTATION ...................................................................................................... 9 H ERE ARE S IX R EASONS W HY B UYERS N EED THE P RESENTATION OF Y OUR H OME TO B E A MAZING : ......................................................................................................................... 9 PREPARING YOUR HOME FOR SALE .............................................................. 12 Approach the Process from the Buyer’s Perspective .............................................................. 12 Preparing the Home for Sale - Some “Universal Truths” ....................................................... 13 C REATE AN A CTION P LAN – F IRST S TEPS ....................................................................... 14 PRICE ....................................................................................................................... 20 D ETERMINING THE L IST P RICE OF THE H OME ................................................................ 20 C OMMON P RICING M ISTAKES ........................................................................................... 21 Challenging Floor Plans ........................................................................................................................ 21 Homes with Basements ........................................................................................................................ 21 Garage Size ................................................................................................................................................. 22 Curb Appeal ............................................................................................................................................... 22 Improvements Don’t Always Mean Improvements ................................................................. 22 Deferred Maintenance .......................................................................................................................... 23 Price Per Foot ........................................................................................................................................... 23 Comps ........................................................................................................................................................... 24 H OW D O Y OU K NOW W HEN Y OUR H OME I S P RICED T OO H IGH ? .............................. 27 C AN Y OU U NDERPRICE A H OME , OR W ILL THE M ARKET S ELF -C ORRECT ? ................ 27 The Listing Triangle™ Page 2