BUYER PRESENTATION
EXECUTIVE SUMMARY
123 Main Street is the premier residential property in New Heights. Selling such a prominent property requires a team with extensive experience, marketing expertise, and a vast global network. In today's real estate market, the agent you choose really matters. The building is now appealing to the next generation of buyers, and you need a real estate team that can effectively market and attract this new prospective buyer.
2023 [STATE] MARKET SUMMARY
According to the "202 Housing Market Forecast", slower economic growth and cooling inflation will result in a decrease in mortgage interest rates in 2024. This will create a more favorable market environment and help boost home sales next year.
The report states that 2024 will be a better year for both buyers and sellers in the housing market. This is because lower borrowing costs will make it easier for buyers to enter the market, and an increase in the availability of homes for sale will motivate both buyers and sellers.
The report also predicts that first-time buyers who were unable to purchase homes in the highly competitive market of the last couple of years will be able to attain their American dream next year. Repeat buyers who were previously locked out of the market due to high mortgage rates will also return as rates begin to trend down.
SINGLE-FAMILY HOME PRICE TRENDS
Since the pandemic began, the single-family home real estate market has been sluggish compared to a more traditional market. Most sales transactions are made in cash due to a lack of financing options.
In the fourth quarter of 2023, 23 homes were listed for sale in New Heights with prices ranging from $2.5 million to $3 million. There were 16 homes listed between $3 million and $4 million, 10 homes listed between $4 million and $5 million, and 8 homes were sold for prices above $5 million.
NEW HEIGHTS: CURRENT & HISTORICAL SALES
As a point of context, here is the sales history of single-family homes in the neighborhood - including 5 actives, 5 sold, 2 expired, 3 canceled, and 1 sold off-market. My listing at 123 New Circle was the only home sold off-market in the year.
CASE STUDY: 123 NEW CIRCLE
After previously being listed by another agent for 365 days, I took over as the new listing agent with a completely new strategy. This included new marketing, new interior design, and an off-market private sales strategy. This resulted in 6 disclosures, 3 prospective buyers, and 1 all-cash offer that closed in 26 days.
TITLE PROPERTY REPORT
Here is the relevant information that is available on your home - including 2,745 square feet. When we meet, we can discuss how square footage is an important calculus in determining value. And how we leverage tools to make sure we account for every square foot.
* Add the Title Property Report on the left.
LUXXE PROPERTIES: ART & LUXURY
Luxxe Properties has been captivating luxury collectors and enthusiasts across the world through its renowned auctions and private sales since 1800. The institution has a physical presence in 55 countries with flagship international sales hubs in London, New York, Paris, Hong Kong, and Singapore. In recent years, Luxxe Properties has set several world records for the highest prices paid for artwork at auction, a single collection sale, a work by a living artist, and an NFT sale. Luxxe Properties has built a strong partnership with prestigious brokerages, creating unique marketing opportunities and synergies between the worlds of high-end real estate, art, and luxury goods.
LUXXE PROPERTIES: PERFORMANCE
Luxxe Properties is a leading provider of luxury real estate services, specializing in high-end homes and estates. This exclusive network is invitation-only and comprises the world's top luxury brokerage firms and real estate professionals. Customers from across the globe trust Luxxe Properties to provide personalized service and exceptional results.
LUXXE PROPERTIES: GLOBAL VISIBILITY
Luxxe Properties provides top-notch marketing programs for luxurious properties around the world. Our marketing initiatives are tailored to attract and engage high-net-worth individuals and their representatives across all market segments. We generate maximum interest and exposure, which enhances the value our clients receive.
LUXXE PROPERTIES: WHERE LUXURY LIVES
Every home has a unique story, and we would love to tell yours. As a corporate brand, Luxxe Properties has a passion for storytelling, especially when it comes to single-owner collections. We have expertise in telling your home's story, highlighting its unique features and experiences.
LUXXE PROPERTIES: OUR STORY
We are affiliated with Luxxe Properties' exclusive brokerage in the city. With a footprint in different counties, we have 20 offices with 600 agents and over $10B in annual sales.
* Add the link to your Brokerage website on the left.
GET TO KNOW BRETT SCHMIDT
Since 2000, I have sold hundreds of homes, making me the perfect agent to have on your side. I possess not only the experience of a Top Producer but also the leadership as a former President of brokerages. In the past 10 years, I have consistently achieved billions in sales annually.
* Add the link to your Agent Bio Page or to your Zillow profile on the left.
