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Sales Meeting
February 18, 2020
02/18/2020 1
North Pointe Office
Lancaster, PA
Homesnap Pro is
Here
Market Stats
Building a Business for
the Long Haul
Homesale Complete
3
Dan Ranck
NMLS #140989
James Ream
NMLS #1598468
Karie Martin Sarah Tompos James White
02/18/2020
Marathon Day
402/18/2020
Friday, February 21st
9:00-10:00 AM Stay Connected Using Market Watch Reports
10:30-11:30 AM Keep Your Sellers Updated
12:30-1:30 PM Leveraging Video in Your Marketing
2:00-3:00 PM Your Online Presence
Jennifer Jones
VP of Career
Development
Minimum Commission Policy
502/18/2020
Buyer Agency Commission
602/18/2020
WARNING
• There are now companies that are offering $1.00 to the Buyer’s Agent as compensation
• Listings are being syndicated to all third-party websites
• If you do not fill in compensation blanks in this paragraph you are at risk of receiving
nothing
Lancaster County Market Statistics
Absorption Rates – January 2020
3
6
9
12
0
MonthsInventory
1.0 1.2 1.1
0.8
1.1
2.3
4.3
7.2
11.5
Buyer’s
Market
prices generally
decreasing
Seller’s
Market
prices generally
increasing
$0 to
$79.9K
$80K to
$119.9K
$120K to
$159.9K
$160K to
$199.9K
$200K to
$249.9K
$250K to
$299.9K
$300K to
$399.9K
$400K to
$499.9K
$500K +
Statistics Courtesy of: DISCLAIMER: Based on information from the Bright MLS for all residential property located in Lancaster County, PA,
for the period January 1-31, 2020. Data may not reflect all activity within the geographic marketplace.
Lancaster County Market Statistics
$219,764
$216,390
$50,000 $100,000 $150,000 $200,000 $250,000 $300,000-0-
Average Sales Price
January 2019 vs. January 2020
Homesale Realty
717-295-4663
Homesale.com
DISCLAIMER: Based on information from the Bright MLS for all residential property located in Lancaster County, PA,
for the period January 1-31, 2020. Data may not reflect all activity within the geographic marketplace.
Statistics Courtesy of:
-1.5%
+12.1%
Lancaster County Market Statistics
January 2019 vs. January 2020
Median Days to Sell
28 22
Units Sold
Statistics Courtesy of:
371
SOLD
416
SOLD
-21.4%
Average Interest Rate
1 2 3 ÷
4 5 6 x
7 8 9 -
0 . = +
4.46%
1 2 3 ÷
4 5 6 x
7 8 9 -
0 . = +
3.62%
Freddie Mac monthly average commitment rate on 30-year fixed rate mortgages
-18.8%
DISCLAIMER: Based on information from the Bright MLS for all residential property located in Lancaster County, PA,
for the period January 1-31, 2020. Data may not reflect all activity within the geographic marketplace.
Historical National Absorption Rates
1002/18/2020
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
January 2011 – January 2020
Source: National Association of REALTORS
9.5
3.0
Year Over Year Inventory Declines
1102/18/2020
Source: Move.com
-18.1%
-10.2%
-4.4%
<$200,000 $200-750,000 >$750,000
Likelihood of Recession by the End of 2020
1202/18/2020
Source: Wall Street Journal Survey of Economists
67%
34.2%
14.3%
2018 October 2019 January 2020
January Open House Results
1302/18/2020
Click the following link to play video:
https://youtu.be/qLtl-VXonuc
Bright MLS’s Off-MLS Policy - - - Follow-up
1402/04/2020
Bright MLS’s Off-MLS Policy
1502/04/2020
Clarifications:
• Once you take a listing, you have three
(3) days to enter it into the MLS - - -
not one (1) business day
• No public marketing can be done
during those three days
Bright MLS’s Off-MLS Policy
1602/04/2020
Clarifications:
• Prior to public marketing, may an
agent that you have a one-on-one
conversation with about your listing,
subsequently show and sell the
property prior to it hitting the market?
YES
Homesnap Pro is Now LIVE!
1702/18/2020
Included with your Bright MLS subscription
Homesnap Pro is Now LIVE!
1802/18/2020
• Find seller leads before the competition
• New property heatmaps and filters
• ‘Likelihood to List’ scores to identify the
homes most likely to list in the next 12
months
• Homeowner contact information
Homesnap Pro is Now LIVE!
1902/18/2020
• Help buyers find homes that aren’t
even on the market yet
• Identify properties that match your
buyers’ search criteria but aren’t on
the market yet
Homesnap Pro is Now LIVE!
2002/18/2020
• Invite your buyers onto Homesnap
so you can exchange in-app
messages and get alerts when they
favorite properties
• No third-party advertising
How To Build a Business for the Long Haul
2102/18/2020
Coach Linda Kreiser by the Numbers
2202/18/2020
41 years as head coach of Lower Dauphin High School
field hockey
• 800+ wins as LD coach
• Thirteen District 3 titles
• Nine PA State Finals appearances
• Six PA State Titles
• 170+ college recruits
• LD High School’s commencement speaker in 1994
• National Field Hockey Coach’s Hall of Fame inductee (2004)
• USA Field Hockey Hall of Fame inductee (2014)
• Twelve girls committed to play NCAA field hockey off of the 2019 team
154
Success Doesn’t Happen Overnight
2302/18/2020
It took FOUR years for
Kreiser to win a district
game and FIFTEEN years to
earn her first state title
How To Build a Business for the Long Haul
2402/18/2020
1. Be authentic and stay true to yourself
Watch any sport and chances are this is what
you’ll see on a consistent basis on the sidelines
How To Build a Business for the Long Haul
2502/18/2020
. . . and then there’s Linda
How To Build a Business for the Long Haul
2602/18/2020
1. Be authentic and stay true
to yourself
 Don’t try to be someone
you’re not
 Be honest with the people
you work with
 Play to your strengths –
minimize your weaknesses
How To Build a Business for the Long Haul
2702/18/2020
2. Have fun at what you do
Team Pre-game Pasta Parties Travel Goody Bags
How To Build a Business for the Long Haul
2802/18/2020
2. Have fun at what you do
 Don’t take yourself too seriously
 Let your enthusiasm show
How To Build a Business for the Long Haul
2902/18/2020
3. Create a community
Seriously!?!?
How To Build a Business for the Long Haul
3002/18/2020
3. Create a community
Bringing new and older
generations together
Cost = $0
How To Build a Business for the Long Haul
3102/18/2020
3. Create a community
The Mayor of Hummelstown was
the PA announcer at all games
Cost = $0
How To Build a Business for the Long Haul
3202/18/2020
3. Create a community
The local fire department
gives the team a ride
through town on a fire
engine after all district and
state title games
Cost = $0
How To Build a Business for the Long Haul
3302/18/2020
3. Create a community
Involve the parents in a pre-season
field hockey game
Cost = $0
How To Build a Business for the Long Haul
3402/18/2020
3. Create a community
 Build on what you have – not
on what you don’t have
 Invest time and nurture the
people you already know
How To Build a Business for the Long Haul
3502/18/2020
4. Just S.I.T (Stay in Touch)
Dear Amber,
Congratulations on earning your nursing
degree. I remember you telling me about
your plans to go to Pitt and become a nurse.
I remember thinking you would be a terrific
nurse (and now you are). Best wishes
Amber – I am proud of you – I believe in
you.
Love Coach
How To Build a Business for the Long Haul
3602/18/2020
4. Just S.I.T (Stay in Touch)
 Constantly reaches out to those in your past
 Show genuine interest
 Create raving fans
How To Build a Business for the Long Haul
3702/18/2020
Click the following link to play video:
https://youtu.be/YF3BtgemJco?t=296
How To Build a Business for the Long Haul
3802/18/2020
2011 Japanese Earthquake & Tsunami
How To Build a Business for the Long Haul
3902/18/2020
Facts about the earthquake and tsunami:
 Over 15,000 perished in the natural disaster
 Magnitude 9 earthquake that lasted six minutes
 The earthquake shifted the earth on it’s axis and shortened the length of
a day by a microsecond
 The Pacific Plate slid westward near the epicenter by 79 feet
Linda’s mom was at ground zero
How To Build a Business for the Long Haul
4002/18/2020
5. Give more than you receive
 Because of her selfless giving over
the years, the entire community
raised thousands of dollars to aid
in the relief efforts
How To Build a Business for the Long Haul
4102/18/2020
5. Give more than you receive
 Practice the 100/0 Principle
Click the following link to play video:
https://youtu.be/iIdhn9gtyK4
How To Build a Business for the Long Haul
4202/18/2020
Stop thinking ‘Transactionally’ and operate ‘Relationally’
Inspiration
Stop thinking ‘Transactionally’ and operate ‘Relationally’
You don’t build a business, you build people,
then people build the business.
- Zig Ziglar
About the Presenter
44
Tom Blefko is a broker with over thirty years experience in all facets of
the residential and commercial real estate industry including sales,
leasing, office management, property management, development,
construction, and training. During the course of his career, he has
been an award-winning salesperson and assisted other agents in
negotiating and closing thousands of real estate transactions.
Contact Information: Tom Blefko, Associate Broker
Berkshire Hathaway HomeServices
Homesale Realty
Office: (717) 560-9100
Cell: (717) 587-6600
Email: tblefko@homesale.com
02/04/2020

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How to Build a Business for the Long Haul

  • 1. Sales Meeting February 18, 2020 02/18/2020 1 North Pointe Office Lancaster, PA Homesnap Pro is Here Market Stats Building a Business for the Long Haul
  • 2.
  • 3. Homesale Complete 3 Dan Ranck NMLS #140989 James Ream NMLS #1598468 Karie Martin Sarah Tompos James White 02/18/2020
  • 4. Marathon Day 402/18/2020 Friday, February 21st 9:00-10:00 AM Stay Connected Using Market Watch Reports 10:30-11:30 AM Keep Your Sellers Updated 12:30-1:30 PM Leveraging Video in Your Marketing 2:00-3:00 PM Your Online Presence Jennifer Jones VP of Career Development
  • 6. Buyer Agency Commission 602/18/2020 WARNING • There are now companies that are offering $1.00 to the Buyer’s Agent as compensation • Listings are being syndicated to all third-party websites • If you do not fill in compensation blanks in this paragraph you are at risk of receiving nothing
  • 7. Lancaster County Market Statistics Absorption Rates – January 2020 3 6 9 12 0 MonthsInventory 1.0 1.2 1.1 0.8 1.1 2.3 4.3 7.2 11.5 Buyer’s Market prices generally decreasing Seller’s Market prices generally increasing $0 to $79.9K $80K to $119.9K $120K to $159.9K $160K to $199.9K $200K to $249.9K $250K to $299.9K $300K to $399.9K $400K to $499.9K $500K + Statistics Courtesy of: DISCLAIMER: Based on information from the Bright MLS for all residential property located in Lancaster County, PA, for the period January 1-31, 2020. Data may not reflect all activity within the geographic marketplace.
  • 8. Lancaster County Market Statistics $219,764 $216,390 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000-0- Average Sales Price January 2019 vs. January 2020 Homesale Realty 717-295-4663 Homesale.com DISCLAIMER: Based on information from the Bright MLS for all residential property located in Lancaster County, PA, for the period January 1-31, 2020. Data may not reflect all activity within the geographic marketplace. Statistics Courtesy of: -1.5%
  • 9. +12.1% Lancaster County Market Statistics January 2019 vs. January 2020 Median Days to Sell 28 22 Units Sold Statistics Courtesy of: 371 SOLD 416 SOLD -21.4% Average Interest Rate 1 2 3 ÷ 4 5 6 x 7 8 9 - 0 . = + 4.46% 1 2 3 ÷ 4 5 6 x 7 8 9 - 0 . = + 3.62% Freddie Mac monthly average commitment rate on 30-year fixed rate mortgages -18.8% DISCLAIMER: Based on information from the Bright MLS for all residential property located in Lancaster County, PA, for the period January 1-31, 2020. Data may not reflect all activity within the geographic marketplace.
  • 10. Historical National Absorption Rates 1002/18/2020 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 January 2011 – January 2020 Source: National Association of REALTORS 9.5 3.0
  • 11. Year Over Year Inventory Declines 1102/18/2020 Source: Move.com -18.1% -10.2% -4.4% <$200,000 $200-750,000 >$750,000
  • 12. Likelihood of Recession by the End of 2020 1202/18/2020 Source: Wall Street Journal Survey of Economists 67% 34.2% 14.3% 2018 October 2019 January 2020
  • 13. January Open House Results 1302/18/2020 Click the following link to play video: https://youtu.be/qLtl-VXonuc
  • 14. Bright MLS’s Off-MLS Policy - - - Follow-up 1402/04/2020
  • 15. Bright MLS’s Off-MLS Policy 1502/04/2020 Clarifications: • Once you take a listing, you have three (3) days to enter it into the MLS - - - not one (1) business day • No public marketing can be done during those three days
  • 16. Bright MLS’s Off-MLS Policy 1602/04/2020 Clarifications: • Prior to public marketing, may an agent that you have a one-on-one conversation with about your listing, subsequently show and sell the property prior to it hitting the market? YES
  • 17. Homesnap Pro is Now LIVE! 1702/18/2020 Included with your Bright MLS subscription
  • 18. Homesnap Pro is Now LIVE! 1802/18/2020 • Find seller leads before the competition • New property heatmaps and filters • ‘Likelihood to List’ scores to identify the homes most likely to list in the next 12 months • Homeowner contact information
  • 19. Homesnap Pro is Now LIVE! 1902/18/2020 • Help buyers find homes that aren’t even on the market yet • Identify properties that match your buyers’ search criteria but aren’t on the market yet
  • 20. Homesnap Pro is Now LIVE! 2002/18/2020 • Invite your buyers onto Homesnap so you can exchange in-app messages and get alerts when they favorite properties • No third-party advertising
  • 21. How To Build a Business for the Long Haul 2102/18/2020
  • 22. Coach Linda Kreiser by the Numbers 2202/18/2020 41 years as head coach of Lower Dauphin High School field hockey • 800+ wins as LD coach • Thirteen District 3 titles • Nine PA State Finals appearances • Six PA State Titles • 170+ college recruits • LD High School’s commencement speaker in 1994 • National Field Hockey Coach’s Hall of Fame inductee (2004) • USA Field Hockey Hall of Fame inductee (2014) • Twelve girls committed to play NCAA field hockey off of the 2019 team
  • 23. 154 Success Doesn’t Happen Overnight 2302/18/2020 It took FOUR years for Kreiser to win a district game and FIFTEEN years to earn her first state title
  • 24. How To Build a Business for the Long Haul 2402/18/2020 1. Be authentic and stay true to yourself Watch any sport and chances are this is what you’ll see on a consistent basis on the sidelines
  • 25. How To Build a Business for the Long Haul 2502/18/2020 . . . and then there’s Linda
  • 26. How To Build a Business for the Long Haul 2602/18/2020 1. Be authentic and stay true to yourself  Don’t try to be someone you’re not  Be honest with the people you work with  Play to your strengths – minimize your weaknesses
  • 27. How To Build a Business for the Long Haul 2702/18/2020 2. Have fun at what you do Team Pre-game Pasta Parties Travel Goody Bags
  • 28. How To Build a Business for the Long Haul 2802/18/2020 2. Have fun at what you do  Don’t take yourself too seriously  Let your enthusiasm show
  • 29. How To Build a Business for the Long Haul 2902/18/2020 3. Create a community Seriously!?!?
  • 30. How To Build a Business for the Long Haul 3002/18/2020 3. Create a community Bringing new and older generations together Cost = $0
  • 31. How To Build a Business for the Long Haul 3102/18/2020 3. Create a community The Mayor of Hummelstown was the PA announcer at all games Cost = $0
  • 32. How To Build a Business for the Long Haul 3202/18/2020 3. Create a community The local fire department gives the team a ride through town on a fire engine after all district and state title games Cost = $0
  • 33. How To Build a Business for the Long Haul 3302/18/2020 3. Create a community Involve the parents in a pre-season field hockey game Cost = $0
  • 34. How To Build a Business for the Long Haul 3402/18/2020 3. Create a community  Build on what you have – not on what you don’t have  Invest time and nurture the people you already know
  • 35. How To Build a Business for the Long Haul 3502/18/2020 4. Just S.I.T (Stay in Touch) Dear Amber, Congratulations on earning your nursing degree. I remember you telling me about your plans to go to Pitt and become a nurse. I remember thinking you would be a terrific nurse (and now you are). Best wishes Amber – I am proud of you – I believe in you. Love Coach
  • 36. How To Build a Business for the Long Haul 3602/18/2020 4. Just S.I.T (Stay in Touch)  Constantly reaches out to those in your past  Show genuine interest  Create raving fans
  • 37. How To Build a Business for the Long Haul 3702/18/2020 Click the following link to play video: https://youtu.be/YF3BtgemJco?t=296
  • 38. How To Build a Business for the Long Haul 3802/18/2020 2011 Japanese Earthquake & Tsunami
  • 39. How To Build a Business for the Long Haul 3902/18/2020 Facts about the earthquake and tsunami:  Over 15,000 perished in the natural disaster  Magnitude 9 earthquake that lasted six minutes  The earthquake shifted the earth on it’s axis and shortened the length of a day by a microsecond  The Pacific Plate slid westward near the epicenter by 79 feet Linda’s mom was at ground zero
  • 40. How To Build a Business for the Long Haul 4002/18/2020 5. Give more than you receive  Because of her selfless giving over the years, the entire community raised thousands of dollars to aid in the relief efforts
  • 41. How To Build a Business for the Long Haul 4102/18/2020 5. Give more than you receive  Practice the 100/0 Principle Click the following link to play video: https://youtu.be/iIdhn9gtyK4
  • 42. How To Build a Business for the Long Haul 4202/18/2020 Stop thinking ‘Transactionally’ and operate ‘Relationally’
  • 43. Inspiration Stop thinking ‘Transactionally’ and operate ‘Relationally’ You don’t build a business, you build people, then people build the business. - Zig Ziglar
  • 44. About the Presenter 44 Tom Blefko is a broker with over thirty years experience in all facets of the residential and commercial real estate industry including sales, leasing, office management, property management, development, construction, and training. During the course of his career, he has been an award-winning salesperson and assisted other agents in negotiating and closing thousands of real estate transactions. Contact Information: Tom Blefko, Associate Broker Berkshire Hathaway HomeServices Homesale Realty Office: (717) 560-9100 Cell: (717) 587-6600 Email: tblefko@homesale.com 02/04/2020