Bni Presentation 12 2 08

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Bni Presentation 12 2 08

  1. 1. Re/max Associates Plus Luehrs Real Estate
  2. 2. Sales Activity <ul><li>Sherburne County </li></ul><ul><li>2007 - $250.3 Million </li></ul><ul><li>2008 - $174.4 Million </li></ul><ul><li>30% decline in sales </li></ul><ul><li>Wright County </li></ul><ul><li>2007 – $376.3 Million </li></ul><ul><li>2008 – $282.9 Million </li></ul><ul><li>25% decline in sales </li></ul>
  3. 3. Sales Activity Cont. <ul><li>Hennepin County </li></ul><ul><li>2007 - $3.98 Billion </li></ul><ul><li>2008 - $ 2.98 Billion </li></ul><ul><li>25% decline in sales </li></ul><ul><li>Anoka County </li></ul><ul><li>2007 - $819.9 Million </li></ul><ul><li>2008 - $644.3 Million </li></ul><ul><li>21% decline in sales </li></ul>
  4. 4. State of the Real Estate Economy <ul><li>Expected sales in 09 to be similar to 08, however, there is expected to be 25% less realtors nationwide </li></ul><ul><li>Sales proportions </li></ul><ul><ul><li>Foreclosures vs. Standard Listings </li></ul></ul>
  5. 5. CMA Elements <ul><li>Marketing Plan and Capabilities </li></ul><ul><ul><li>Online presence </li></ul></ul><ul><ul><li>Realtor Database </li></ul></ul><ul><ul><li>Other Marketing Avenues </li></ul></ul><ul><ul><ul><li>Plasma TV’s </li></ul></ul></ul><ul><ul><ul><li>Local Papers </li></ul></ul></ul><ul><ul><ul><li>Ect. </li></ul></ul></ul>
  6. 6. CMA Elements Cont. <ul><li>Property Statistics – what information did the realtor bring? </li></ul><ul><ul><li>Local Market Stats </li></ul></ul><ul><ul><li>Sales Activity </li></ul></ul><ul><ul><li>Active, Sold and Expired Activity </li></ul></ul><ul><ul><li>Days on Market </li></ul></ul><ul><ul><li>Price </li></ul></ul>
  7. 7. How to Select a Realtor <ul><li>Marketing abilities </li></ul><ul><li>Experience </li></ul><ul><li>Validity of information brought to CMA </li></ul><ul><ul><li>Properties brought to compare </li></ul></ul><ul><li>DO NOT CHOOSE YOUR REALTOR BASED ON PRICE!!!! </li></ul>
  8. 8. Referral Sources <ul><li>Buyers and Sellers </li></ul><ul><li>Relocation Clients </li></ul><ul><ul><li>Sellers moving out of state </li></ul></ul><ul><ul><li>Buyers moving to MN </li></ul></ul><ul><li>Builders </li></ul><ul><li>Estates </li></ul><ul><li>Divorces </li></ul>
  9. 9. Referral Sources Cont. <ul><li>Realtors </li></ul><ul><ul><li>Part Time Realtors </li></ul></ul><ul><ul><li>Realtors recently out of the business </li></ul></ul>
  10. 10. <ul><li>Thank you </li></ul>

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