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2014 will be the year of the repeat homebuyer - Trulia

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Page 1: 2014 will be the year of the repeat homebuyer - Trulia
Page 2: 2014 will be the year of the repeat homebuyer - Trulia

20142014 will be the year of the repeat homebuyer

- Trulia

Page 3: 2014 will be the year of the repeat homebuyer - Trulia

• The 3 powerful prospecting techniques which secure the most listing appointments

• The 4 major mistakes agents make when prospecting for sellers

• Creating a pre-listing package that seals the deal before you even show up

• Marketing yourself as a ‘selling machine’ (which is what every seller wants to hire!)

We will cover…

Page 4: 2014 will be the year of the repeat homebuyer - Trulia

3 POWERFUL Prospecting Techniques

1. 10-10-202. Direct Mail3. Content Marketing

Page 5: 2014 will be the year of the repeat homebuyer - Trulia

SOLD

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Direct Mail is Back!

Page 7: 2014 will be the year of the repeat homebuyer - Trulia

“One of the main ways that companies are establishing authority and gaining trust with consumers is by consistently creating valuable content through a variety of channels.

This typically involves relevant industry information that provides insight to an audience. Doing so allows a company to steadily build rapport with its demographic and develop a loyal following.”

Forbes MagazineContent Marketing Will Be Bigger Than Ever

Page 8: 2014 will be the year of the repeat homebuyer - Trulia

2014 will be the year that real estate marketing shifts to effectively and

consistently answering the one question every real estate pro gets asked:

How’s the market?

Nobu Hata NAR’s Director of Digital Engagement

Page 9: 2014 will be the year of the repeat homebuyer - Trulia

The 4 Major Mistakes agents make when prospecting for sellers

1. Bragging about Themselves2. Bragging about Their Company3. Branding the Wrong Message4. Telling instead of Teaching

Page 10: 2014 will be the year of the repeat homebuyer - Trulia

Trust Me… Just Sign the Papers

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Page 12: 2014 will be the year of the repeat homebuyer - Trulia

Marc Davison1000Watt Consulting

Frivolous content will sink in 2014 as the

gems of true insight continue to rise.

Page 13: 2014 will be the year of the repeat homebuyer - Trulia

STOP with the

Cherrie Pie Recipes

BRANDING

Page 14: 2014 will be the year of the repeat homebuyer - Trulia

Dave Ramsey Financial Guru

When getting help with money, whether it is insurance, real estate or

investments you should always look for

someone with the heart of a teacher,

not the heart of a salesman.

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Home Prices

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CONFUSIONCONFUSION

Page 17: 2014 will be the year of the repeat homebuyer - Trulia
Page 18: 2014 will be the year of the repeat homebuyer - Trulia

FHFA 3Q Home Price Index11/2013

Year-over-Year Price Changes by Region

Page 19: 2014 will be the year of the repeat homebuyer - Trulia

FHFA 3Q Home Price Index11/2013

Year-over-Year Price Changes by State

Page 20: 2014 will be the year of the repeat homebuyer - Trulia

Month-Over-Month Price Changes

12/2013

Month-over- Month Price Changes by State

Page 21: 2014 will be the year of the repeat homebuyer - Trulia

The Pre-Listing Package that seals the deal

before you get there

Page 22: 2014 will be the year of the repeat homebuyer - Trulia

The 2 Major Mistakes

1. Bragging about Themselves

2. Bragging about Their Company

Page 23: 2014 will be the year of the repeat homebuyer - Trulia

Existing Home Sales

S&P Case Shiller 12/2013

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WEST

Down 10.1%

MIDWEST

Unchanged

SOUTH

Up 1%

NORTHEAST

Up 6.6%

NAR’s Existing Homes Sales Report 12.2013

Year-Over-Year % Change in House Sales

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2013 Available Inventoryin millions

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Page 27: 2014 will be the year of the repeat homebuyer - Trulia

Marketing yourself as a

‘SELLING MACHINE’ (which is what every seller wants to hire!)

SOLD

Page 28: 2014 will be the year of the repeat homebuyer - Trulia

Financial Reasons to Buy

Joint Center for Housing Studies, Harvard University12/2013

Reason Quote from Harvard Report

Housing is the one leveraged investment available

“Homeownership allows households to amplify any appreciation on the value of their homes

by a leverage factor.”

You're paying for housing whether you own or rent

“Homeowners pay debt service to pay down their own principal while households that rent

pay down the principal of a landlord.”

Owning is usually a form of “forced savings”

“Having to make a housing payment one way or the other, owning a home can overcome

people’s tendency to defer savings.”

There are substantial tax benefits to owning

“Homeowners are able to deduct mortgage interest and property taxes from income.”

Owning is a hedge against inflation

“Housing costs and rents have tended over most time periods to go up at or higher than

the rate of inflation, making owning an attractive proposition.”

55

Page 29: 2014 will be the year of the repeat homebuyer - Trulia

Federal Reserve

OVER 30X greaterthan renters

Homeowners Net Worth…

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An American Family’s

Net Worth

Federal Reserve

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Impact of Increasing

INTEREST RATES

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ta·perˈtāpər/Verb – to diminish or reduce

Page 33: 2014 will be the year of the repeat homebuyer - Trulia

Mortgage Rate Projections

Analyst Projected Rate 4Q 2014

Fannie Mae 4.8% National Assoc of Realtors 5.4% Freddie Mac 5.0% Mortgage Bankers Assoc 5.3%

Page 34: 2014 will be the year of the repeat homebuyer - Trulia

Date Average Price*

Interest Rate**

P&I***

November 2012 $227,900 3.32 $1,000.61

November 2013 $244,500 4.29 $1,208.53

$207.92Difference in Monthly Payment

Monthly Annually Over 30 Years

$207.92 $2,495.04 $74,851.20

Page 35: 2014 will be the year of the repeat homebuyer - Trulia

Date Average Price*

Interest Rate**

P&I***

November 2014 $254,280 5.3 $1,412.03

* Assuming a 4% Appreciation as projected by the latest Home Price Expectation Survey** Based on projection from the Mortgage Bankers’ Association

*** Principal & Interest Payment

Monthly Annually Over 30 Years

$203.50 $2,442 $73,260

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