State of market ppp

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  • Create your own table or put together a bulleted list that covers the aspects of the marketplace that you consider most relevant and valuable to your Associates. Examples of items that might be used on this slide include trends in sales, prices, inventory and/or foreclosures in the different communities in your local market; news from your local board of Realtors; what the competition is doing, etc.
  • Populate this table to show the local absorption rate in the various price ranges that are appropriate for your market area. Please add or delete rows as necessary to adequately reflect local conditions.
  • Create your own table or put together a bulleted list that covers the aspects of the marketplace that you consider most relevant and valuable to your Associates. Examples of items that might be used on this slide include trends in sales, prices, inventory and/or foreclosures in the different communities in your local market; news from your local board of Realtors; what the competition is doing, etc.
  • Create your own table or put together a bulleted list that covers the aspects of the marketplace that you consider most relevant and valuable to your Associates. Examples of items that might be used on this slide include trends in sales, prices, inventory and/or foreclosures in the different communities in your local market; news from your local board of Realtors; what the competition is doing, etc.

Transcript

  • 1. Weichert.com received a record-setting 5.1 million visits in April.* The site ranked 15th out of the top 2,000 real estate websites last month, up from 16th in March.* Ranked third among real estate brokerage websites, above many of our national real estate competitors.* * Experian Hitwise Most Popular Websites in Real Estate - Month of April 2011 Converting Leads, One at a Time
  • 2.
    • From April 4 through May 1, 2011,
    • 44,248 guests attended
    • Weichert Open Houses companywide.
    • Let’s continue to work hard at getting “feet in the house.”
    Open House Traffic
  • 3.
    • From May 2 through May 29, 2011,
    • 34,162 guests attended
    • Weichert Open Houses companywide.
    • Let’s continue to work hard at getting “feet in the house.”
    Open House Traffic
  • 4. Open House Traffic Increasing and growing! We had a total of 122 Guests attend our Open Houses this past weekend! 326 Guests total the past 2 weekends! Renewed Buyer Interest Schedule yourself for an OH this weekend!
  • 5. Open House Traffic We averaged 5 (4.97) People per OH this past weekend Stanton St in Clark – 16 Prospects Highview in Woodbridge – 14 Prospects Sarah Ct in Edison – 9 Prospects Carolyn Ct in Colonia – 8 Prospects Baldwin Rd – 8 Prospects Kensington in Piscataway – 7 Prospects Midwood Wy in Colonia – 6 Prospects Mt. Pleasant in Edison– 4 Prospects Deri Wy in Edison – 4 Prospects Our Open Houses Schedule yourself for an OH this weekend!
  • 6. Open House Traffic We averaged over 5 (5.3) People per OH this past weekend Coan in Metuchen – 4 Prospects Jackson Ave in Parlin – 4 Prospects Osprey Ave in Old Bridge – 4 Prospects Filmore in Carteret – 4 Prospects Mercury in Colonia – 4 Prospects Ireland in Edison – 4 Prospects Our Open Houses Schedule yourself for an OH this weekend!
  • 7. Edison Open House Weekend Open Houses = Listings and Leads Get ready now for this event! June 25-26th
  • 8.
    • Date: Saturday, June 25, 2011
    • Time: 10:30 AM
    • Location: Weichert Edison Office Mtg Rm
    • Guests: Local Attorney, Home Inspector, Gold Service Manager
    • Please reach out to all your leads and prospects to invite them to this informative and educational seminar!
    Next Home Buyer Seminar
  • 9. Company News
    • May was Weichert’s best month in a full year.
    • The first business day after Memorial Day was our best single day in more than a year.
    • The first weekend of June was our best Open House weekend since April 2010.
  • 10. Local Market Update Woodbridge: 8.01 Last Week: 7.2 Edison: 7.92 Last week: 7.8
  • 11. Local Market Absorption - Edison 7 (Act-14, UC–2 $600,000-$700,000 11.4 (Act-57, UC–5) $500,000-$600,000 12 (Act-48, UC-4 $700,000+ 9.71 (Act-68, UC-7) $400,000 - $500,000 6.125 (Act-98, UC-16) $300,000 - $400,000 7.18 (Act-115,UC-16) Less than $300k Absorption Rate Price Range
  • 12. Local Market Update
    • 87 Closings in the past 30 days in our Market area
    • Average sale price $306,388
    • Weichert, Edison had 11% Market Share
    • Weichert, Realtors had 21% Market Share
    • * Information obtained from Middlesex Multiple Listing Service as of 06/14/2011
  • 13. Local Market Update
    • 1380 Single Family Homes have sold in the past 6 Months in Middlesex County
    • (310 Sold by Weichert, Realtors)
    • 3147 Single Family Homes have sold in the past 12 Months in Middlesex County
    • (696 Sold by Weichert, Realtors)
    • 1 out every 5 homes in Middlesex County are sold by Weichert, Realtors
    • * Information obtained from Middlesex Multiple Listing Service as of 06/14/2011
  • 14.
    • Tuesday, June 28, 2011
    • Immediately following Sales Meeting
    Office Group Photo
  • 15. Caravan Information