Making a Positive
Difference in Peoples Lives
1. INITIATE LISTING AGREEMENT:
A.
Prepare listing agreement.
B.
Verify personal property and terms of sale.
C.
Should you offer a home warranty?
D.
Fill out and sign Property and Lead Based Paint Disclosures.
E.
Prepare customized professional consultation in preparing your property
for the market, by recognized staging expert.
2. INPUTTING HOME INTO MLS AND INITIATE
MARKETING:
A.
Submit home into Multiple Listing Service within 24 hours.
B.
Prepare media advertising.
C.
Design color feature brochure.
D.
Take photos.
E.
Take Virtual Tour
F.
Order For Sale Sign.
G.
Exterior brochure box.
H.
Order City of Chicago Heat Disclosure.
3. ADVERTISING: (Media subject to
performance reviews and changes.)
A.
All inquiries handled only by KAREN BREEN ELIA
or LOUIS ELIA
B.
CHICAGO TRIBUNE/ READER/PIONEER PRESS
Depending on property type
and location.
C.
INTERNET -
With color photos on twenty different web sites.
D.
www.ChicagoCityHomes.com
website.
E.
www.ChicagoCityHomes.com
website.
F.
www.Realtor.com
website.
G.
www.Crea.net website.
H.
www.Homegain.com website.
I.
VIRTUAL TOUR Interactive viewing of the property on
all websites.
J.
JUST LISTED
POSTCARDS - To neighborhood.
K.
LISTING
ANNOUNCEMENTS Sent to area agents and entire database.
L.
INSTITUTIONAL
ADVERTISING - Yellow Pages.
4. BROKERS OPEN HOUSES:
A.
Invitations
sent to 1100 area agents.
B.
Open House
announcements emailed to area agents.
C.
Catered lunch
served.
D.
Enter open
house on Multiple Listing Service.
E.
Enter open
house on websites.
F.
Evaluation of
property handed out.
5. PUBLIC OPEN HOUSES
A.
Advertise with OPEN HOUSE PICTURE in Chicago Sunday
Tribune.
B. Send
invitations to prospective buyers.
C.
Prepare color open house brochures.
D.
Advertise on all websites.
E. Open
House announcements emailed to database.
6. CONTINUOUS
MARKETING:
A.
MLS cross match with buyers.
B.
Property statistics emailed to sellers from websites.
C.
Website cross match with buyers.
D.
Monthly
updated CMA (Computerized Market Analysis)
E.
In-office
assistant and marketing coordinator.
F.
Computerized follow-up on all inquiries.
7.
SHOWINGS:
A.
All showings personally conducted by associate brokers Karen Breen Elia,
Louis Elia or a Licensed Assistant.
B.
All appointments made by trained office receptionists.
C.
Inform owner of record and tenants, if applicable, of showing dates and
times.
D.
Buyers package given to all buyers w/color brochure, listings, all
required disclosures and Metro Map.
E.
Courtesy Keys and/or Electronic Lockbox upon your request.
8. OBTAIN FEEDBACK ON
SHOWINGS:
A.
Contact showing agents.
B.
Enter into showing log in their words.
C.
Timely follow-up on interested parties.
D.
Watch for pattern of negative feedback (colors, condition,
obsolescence).
E.
Continuous communication with past showings on changes of listing.
9. WEEKLY
COMMUNICATION:
A.
Weekly Market Service reports mailed, faxed or emailed containing
feedback on showings, advertising, and all ad/sign/MLS calls, and all other
scheduled and completed marketing activities.
B.
New listings on market.
C.
Recent sales.
D.
Market activity.
E.
Interest rate updates.
10. PRESENT PURCHASE
CONTRACT:
A.
Establish appointment to present contract (prefer same day / within
hours).
B.
Review market activity.
C.
Present entire contract.
D.
Prepare estimated net to seller sheet.
E.
Review 3 options:
1. Accept as
presented,
2. Make a
counteroffer to buyers (they now have same 3 options),
3. Refuse offer
(only when terms are totally out of range).
11. NEGOTIATE,
NEGOTIATE, NEGOTIATE:
A. Karen
Breen Elia /Louis Elia will present counter-offer to buyers
broker.
B.
Strategize to maximize price and terms.
C.
Negotiate your home as if it were our own.
D. At some point
REMAIN FIRM.
12. FOLLOW-UP ON
CONTINGENCIES:
A.
Home inspection (5 business days) - Assist in resolving
defects.
B.
Attorney approval (5 business days).
C.
Financing (30 days).
1. Verify
application and initial qualifications within 5 days.
2. Meet appraiser with appraisal package
of supporting comparable sold properties, tax bill and old survey (if
available).
D.
Home sale (45 - 60 days).
1. View local
properties.
2. 30 day follow-up
on marketing.
E.
Home closing (follow-up on buyers sale).
1. Buyers home
sale contingency (if applicable).
2. Buyers home
financing contingency.
F.
Other (spouse approval, relocation buyout, etc.)
13. VERIFY
PAPERWORK:
A.
Prepare escrow statement, brokers commission, buyers
interest check.
B.
Condition from final walk-through is accepted.
14.
CLOSING:
A.
Assist with last minute details.
B.
Address any discrepancies.
C.
Make things go smoothly.
We will do
whatever we can to guarantee that from this moment until the moment you walk
out of the closing, that everything will be done to make this process the
easiest youve ever experienced.
Our
testimonials are hundreds of satisfied and repeat
customers. We intend to include
you in that satisfied company.