GuideBuyer’s
Excellence is a Lifestyle About Graham Faupel Mendenhall
Team History
Over a 50-year period, the Graham-Faupel-Mendenhall Team has established a reputation of exceptional service, creative solutions, consistent execution and unparalleled results. As the longest-standing and most productive real estate team in the Teton region, with over $2.5 billion in cumulative sales, the Graham-Faupel-Mendenhall Team is widely acknowledged as an authority regarding luxury marketing and mountain resort destinations. Consistently recognized on the Wall Street Journal’s Top 1000 list as one of the highest producing teams in the nation, Graham Faupel Mendenhall capitalizes on a unique balance of worldwide scope with a personal touch. Our unfailing commitment to the business philosophy of trust, integrity, discretion, and excellence has earned us a place of prominence in the global real estate landscape.
We are community stewards, we are philanthropists, we are business owners, we are innovators, we are leaders, we are marketers, we are networkers, we are problem solvers, we are recreationalists, we are Graham-Faupel-Mendenhall.
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204
The Graham Faupel Mendenhall Difference We are listing specialists, and we believe that taking the time and considerations to properly market our listings is of the utmost importance. We recognize that a home tells a story unique to the individuals who inhabit it, and the transition of ownership requires specialized attention in finding the right buyer with the right intentions. In order to properly execute every step of the process with extra attention to detail, we have comprised our team of dedicated contract professionals and a dedicated marketing professional, in addition to our selling partners. This team structure is unique to Jackson Hole and has proven successful for our team year after year, and is what sets us apart from the rest.
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 TeamOverHistory$1Million In Donations to Local Non-Profits 19 Years Old Bill’s Co-Challengers 2016 Board Chair JH Chamber of Commerce 3 Years Chair of Community Foundation Board Teton Rapter Center Founding Sponsors Runguis Members National Museum of Wildlife Art Board Members Jackson/Teton County Housing Authority Jackson/Teton County Housing Supply PAWS of Jackson Hole CenterSTARTofWonder Community Foundation of Jackson Hole Teton County Library Foundation JH Center for the Arts Teton Board of Realtors Jackson Hole Land Trust Open Space Councilman Habitat for Humanity Volunteers Grand Teton Music Festival Founding Sponsors 1st Lifetime Achievement Award By Teton Board of Realtors Past President of the Teton Board of Realtors Voted Best Real Estate Agent By “Best Of JH” for 9 Years Realtor of the Year By the Teton Board of Realtors Hoffman Process Graduates & Supporters YPO Global One Executive Committee
“The Innovator”
Matt Faupel, Associate Broker
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 Our Team community housing and through his support of various initiatives, as well as his own development projects, he is dedicated to being a part of the solution to affordable workforce housing. Connecting with the outdoors in all seasons is an important aspect to Matt’s mountain lifestyle and his service to the Jackson community is equally important to him as he’s served on numerous local boards including public transportation, housing and animal advocacy.
“The Problem Solver”
Julie Faupel, Associate Broker
In addition to being a top producing real estate professional, Julie is the Founder and CEO of REALM, the most elite membership of real estate professionals ever assembled. REALM involvement is by invitation only and includes a patented technology platform that enriches individual client data while activating the databases of the membership in a completely anonymized manner. Julie’s career path prior to real estate includes 12 years of management and
Matt and his wife, Julie, have been Jackson residents since 2002 when they relocated from suburban Detroit. Matt has an engineering degree from the University of Michigan and, previous to his real estate success, Matt worked in the engineering and commercial real estate fields. Matt uses that background in his current residential real estate and development transactions to solve challenges and optimize outcomes. Matt has a passion for consulting experience for luxury hotels and small businesses. Julie has served on the Jackson Hole Community Foundation Board, she is the former Jackson Hole Chamber of Commerce Board Chairhas served on the Christie’s International Real Estate Global Advisory Board and she is a member of the Young Presidents Organization. Julie and her husband are avid supporters of entrepreneurship as trustees of the Silicon Couloir and independent investors in a number of start-up ventures. Julie loves to entertain and bring people together. Julie and Matt are both graduates of the Hoffman Institute and they host an annual reunion for Hoffman Graduates at their home in Jackson Hole.
Karen is currently on the executive committee for the Jackson Hole Library Foundation and, previously, she served three terms as Chair of the Community Foundation Board and still serves on their Investment Committee. In addition to her incredible service to the community of Jackson, Karen is an avid reader, she’s a yogini, she loves to hike Cache Creek with her dog Luna, and, when she has you over for dinner at her home; request the Pasta alla Carbonara!
After graduating from the University of California at Berkeley, Karen moved to Rome, Italy. She opened an English language book shop in Piazza di Spagna which became the largest English language book shop on the continent. After living in Europe for 20 years she moved to Jackson in 1983. She opened The Travel Consultants and managed the firm from its inception to the sale of the business. Karen and her husband, Bob, have enjoyed tremendous real estate Mack quickly found his calling and became a third generation realtor. Mack’s crowning professional achievement has been being the first and only real estate agent ever to be voted the Best in Jackson Hole, 8 straight years, from 2009-Present and he was named Realtor of the Year by the Teton Board of Realtors. As an active member of the community, Mack served as Teton Board of Realtors President, Open Space Councilman with the Jackson Hole Land Trust, Board-member for the Jackson Hole Center for the Arts and volunteers for Habitat for Humanity, the Teton Raptor Center and Old Bill’s annual fun run. Mack met his wife Katie in Jackson Hole and they are grateful to be raising their two daughters, Grace and Jenna in this incredible community. Mack’s patriotic spirit is evidenced annually in the Jackson Hole Community Parade.
success while also raising their four children in Jackson Hole. Through their community involvement, Karen and Bob have avidly supported PAWS, The Center for the Arts, The Grand Teton Music Festival, The National Museum of Wildlife Art and has been a co-challenger to Old Bill’s Fun run for 20 years.
Mack Mendenhall, Associate Broker “The Local Leader”
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 Our Team
Born in the foothills of North Carolina, Mack graduated from North Carolina State University with honors and promptly moved out west. Mack became intimately connected with Jackson Hole as a river guide, photographer and working at Jackson Hole Mountain Resort. Introducing thousands of visitors to the unique and impressive sights and sounds of the Greater Yellowstone ecosystem came second nature to him. Being raised in the family brokerage,
Karen Terra, Associate Broker, “The Community Steward”
Tess decided to pursue a career in Real Estate and join the GFM team. Tess enjoys spending her free time riding horses, fishing, and hiking with her dog, Lady.
Emily Eldredge Associate Broker Originally from Middleburg, Virginia, Emily graduated from the University of Virginia and went west in pursuit of continued adventure in a cultural, small town community. Emily comes from a family of real estate brokers and custom home builders and has quickly found her calling in the business. Through previous work in hospitality and more recently with a local real estate developer in the valley, Emily has a strong knowledge of the ins and outs of the area.
Tess Cohen Sales Associate, Contract Coordinator Tess joins our team with a background in Sales and Property Management. Growing up in Kansas City and South Florida, Tess went to Colgate University to earn a degree in Art and Art History. Immediately after school she moved to Jackson to spend a summer wrangling horses on a guest ranch. With the intention to stay for only the summer season, the outdoor opportunities and the small-town community lead her to stay full time. After 6 years in the valley, enthusiasts—and found her perfect fit with the GFM team. Outside of the office, you can find her hiking, biking, or riding her horse—Tucker.
Allie Detwiler Marketing Manager Born in Massachusetts, Allie graduated from the University of Vermont with a business degree and concentration in marketing, and shortly made the move to the west after school. En route to living in Jackson, Allie lived in Salt Lake City where she continued her career in digital strategic marketing before moving to Jackson, which she now calls home. Allie comes from a family of real estate brokers, antique home restorers, and land rover
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 12 Our Team In her spare time, you can find Emily back country skiing in Grand Teton National Park, mountain biking and trail running in Bridger Teton National Forest, cooking up a good meal with vegetables from her garden, walking her dog Sprout by the Snake River or spending time with her friends and family.
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 Recent Transactions 43212020 & 2021 NOTEWORTHY STATS • $234.4M Total Dollar Volume in 2020 • 85 Clients Successfully Helped in 2020 • Sold Highest Land Listing ($15M in 2020) • Over $267M in Sales This Year to Date • 80 Clients Helped So Far This Year PINE SISKIN ONE TOWN HILL GRANITE RIDGE QUEEN’S PLACE Listed for $25mm with interest over the summer of 2020, was pulled from the market in the fall and procured an off-market deal at $23mm in the spring Sold project out ahead of plan and at higher prices setting record pricing in town, worked directly with public relations firm on paid media strategy, website development, and collateral Listeddevelopmentfor$15.9mm in winter of 2019/2020, was pulled off market as it was being rented long-term, kept the market aware of the availability (subject to tenant), maintained the interest of our buyer for a year and brought a competitive offer to procure a sale within 2.5% of the asking price $25mm off market listing we brought a buyer to, closes yearend due to the seller’s need. This is the 2nd off-market property this buyer was under contract on listed over $25mmTETONCAMPSISKINPINERIDGEGRANITE 5 CAMP RepresentedTETONthehighest single family listing on a single lot in Wyoming, listed at $65M. Currently under contract and set to close November, 2021
products or services. Please perform a thorough due diligence and make your own independent decision. © 2020 Morgan Stanley
Member SIPC CRC#3370468 12/2020 Morgan Stanley Reserved clients to showcase your listing to with the Compass and Morgan Stanley partnership**** Our products are each developed to simplify your search at every turn. Intelligent Technology Global Reach Compass is home to 19,000+ agents in 350+ offices spanning 50+ markets. Where We Are This tool analyzes your property across 350+ parameters, then identifies the brokers most likely to represent your buyer and establishes contact within minutes. Network Tool Assess the impact of marketing initiatives and view traffic to your listing page using this custom data dashboard- from anywhere, at any time. Insights Tool By evaluating your home against similar properties, this tool accurately assesses its market value to arrive at a competitive asking price. Competitive Market Analysis Tool Annual website and social media impressions* 250 Million+ Annual unique international users on compass.com** 1.4 Million+ Countries your home syndicates to*** 60+ 100+ 140K+ GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 Our Network Compass is home to 20,000+ agents in 350+ offices spanning 50+ markets.
International portals your home syndicates to* Source: Compass, Inc. S-1 filed March 31, 2021. *Sourced via Sprout Social and Google Analytics, 1.1.2020–12.31.2020. **Sourced via Google Analytics, 1.1.2020–12.31.2020. *** ListGlobally opt in required. Data based on the reach of the ListGlobally’s network. ****Sensei Marketing Data as of 2020 YE Clients with $1 million+ in assets and liabilities at Morgan Stanley are eligible to enroll in the Reserved Living & Giving program. Clients with $10 million+ in assets and liabilities qualify for our highest tier, Signature Access, which offers additional benefits tailored to our most affluent clients including world class concierge services in Art Advisory, Private Health Advisory, Cybersecurity, and bespoke travel services. Morgan Stanley Reserved Living & Giving is a tiered complimentary loyalty program that rewards Morgan Stanley’s most valued clients. Morgan Stanley Smith Barney LLC reserves the right to change or terminate the Reserved or Signature Access program or partner offers at any time and without notice. Reserved and Signature Access program participant qualifications are reviewed periodically to confirm that they continue to qualify for this program. Not all offers are available to nonresident clients. Signature Access, the highest tier of the Reserved Living & Giving program, is part of Morgan Stanley Lifestyle Advisory. This tier features products and services that are provided by third-party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any control concerning the delivery such Smith Barney LLC.
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GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 Our Network REALM is a collection of the most accomplished real estate professionals ever assembled. REALM members have exclusive access to real estate professionals who represent 100+ different brands around the globe. *data provided by REALM and Wealth-X as of May 2021 NEW YORK PALM BEACH LOS WASHINGTONSANCHICAGOANGELESMIAMIDALLASBOSTONFRANCISCODCSEATTLESANDIEGOASPENPHILADELPHIAMINNEAPOLIS HOUSTON JACKSON HOLE THETHENAPALONDONVALLEYPHOENIXLAKETAHOEHAMPTONSPARKCITYTORONTOMAUICARIBBEANBEVERLYHILLSAUSTINCOSTARICA 165,000 Clients represented by the members of the REALM network. $6.5 B illion Amount of listings represented by professionals.REALM $2.5 Million Average closed transaction of active REALM members. $28.9 M illion Average net worth of prospects in the Wealth-X database. ...AND MORE A TRUE GLOBAL NETWORK
The REALM™ experience leverages the power of the global network to match qualified clients or buyers to services based on lifestyle and passion rather than criteria. A curated luxury lifestyle digital content platform exclusive and encrypted database fueled by, private, professional, and advisory data records.
REALM collects, secures, and repositions data feeds with best-in-class, highly secure solutions, improving the overall experience and showcasing your property globally to qualified buyers. Properties are introduced through another REALM-member agent ensuring that the confidentiality is never compromised and the integrity of the trusted advisor is maintained.www.REALM-GLOBAL.com
THE MEMBERSHIP One Half of One Percent
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204
THE TECHNOLOGY
REALM™ members are individually selected by world-class real estate professionals with over XX years of experience in the luxury industry. Each member is formally consulted and personally vetted through our executive team to confirm ethical standards, sales history, current inventory and other relevant membership requirements. Many REALM members are recognized year after year as having closed the largest volume of annual domestic luxury transactions in their markets, as well as many of the most significant estate sales worldwide. The level of membership REALM professionals represent equates to one half of one percent of all licenced real estate associates worldwide. Our goal in holding ourselves and our agents to these lofty standards, is to ensure your property receives the highest level of service and exposure to the proper channels around the globe. “REALM was built in service to the real estate professional operating at the highest level. Our purpose at REALM is to always be in search of new ways to enhance the relationship that exists between the client and their trusted advisor.”
JULIE FAUPEL Founder | REALM
GRAHAM FAUPEL MENDENHALL & ASSOCIATES | GRAHAMFAUPELMENDENHALL.COM | GFM@COMPASS.COM | 307.690.0204 Strategic Wealth Partnerships REALM™ has partnered with the leading members of wealth management, advisory and reporting in order to provide the most up to date and accurate data on HNWI and UHNWI available. Our members have extraordinary access to the latest wealth reports, as well as exclusive access to wealth managers who oversee the largest family offices and assets of wealthiest individuals in the world. REALM members also have access to dossiers which provide necessary answers for accurate wealth mapping such as: Who are HNWI / UHNWI working with? What markets do they live in? What philanthropic activities are they involved in? What securities are they invested in? How do they communicate? Our data access and marketing intelligence profiles are designed to position each property at the apex for it’s release in order to maximize exposure to qualified buyers, and minimize the time spent on market. “The REALM community is comprised of thought-leaders and professionals who are defining the future of luxury.” JULIE FAUPEL Founder| REALM A NEW WAY OF MAPPING WEALTH www.REALM-GLOBAL.com
IN SALES TRANSACTIONS WE FACILITATE IN THE MOST REAL ESTATE ACTIVITY OF ANY REAL ESTATE BROKERAGE IN THE REGION, PROVIDING YOU ROBUST INSIGHT INTO THE LOCAL MARKET ALONGSIDE UNPARALLELED GLOBAL EXPOSURE #1
The Jackson Hole lifestyle with its wide-open spaces, wildlife, scenery, recreation, safety, ease of travel and tax benefits, appears to be more desirable than ever. Real estate year-to-date numbers through Q2 show no signs of slowing down. When comparing YTD through the second quarter 2021 to 2020, the number of transactions in Teton County nearly doubled to 427 and total sales volume more than doubled to $1.2B. The continued exodus of individuals from cities in seek of a lessurban lifestyle, is pushing demand for local real estate to new heights. As a result, some sellers who own real estate in the area are taking advantage of this strong market. Inventory is down 56%, but that is a slight improvement from Q1 of 2021. Increasing sales prices are resulting in more properties entering the Luxury Segment of the market (listings at the $3M mark and higher). The average and median sales price for Single Family Homes checked in at $4.1M and $2.9M, respectively. There were no sales under $500K in the Single Family Home category and only 8 sales in the $500K to $1M range. With little already-built inventory, sales of vacant land more than doubled YTD 2020 vs. 2021, to 81. And even with historically low interest rates, more buyers are paying cash in this competitive market. Overall, pending listings are down, possibly due to listings selling more quickly, but it will be interesting to watch how Q3 unfolds. In this market, it is more important than ever to work with the #1 brokerage in the region in real estate transactions. Our team monitors real estate daily keeping our seller and buyer clients up to date with quickly changing information.
COMPASS JACKSON HOLE MARKET SNAPSHOT
$1,635,000$2,795,273 427151$1,193,581,378 Overall Average Sale Price Median Sale Price Active Listings Total Transactions Total Dollar Volume 10% Increase YOY 28% Increase YOY 56% Decrease YOY 93% Increase YOY 113% Increase YOY
WHAT SETS US APART • #1 in Transactions in the region • #1 organic position with Google - search term “Jackson Hole Real Estate” • Largest web presence in the region and worldwide with 3 websites JHREA.com, Compass.com and WesternRanches.com with over 250M annual impressions • Dedicated Land and Ranch brand, Western Ranches.com targeting that unique buyer • Virtual Open Houses, Video Chat and Modeling with real-time messaging supporting our clients no matter where they are located • The only local real estate brokerage that reinvests in our local community with our exclusive Community Grant Matching program • REALM. Our revolutionary technological resource to optimize agents databases and client relationships in a totally secure, encrypted environment on a global basis • Monday Morning Market snapshot • Compass Concierge - Zero upfront cost to invest in your home’s potential for maximizing is sale • Pre-Marketing Advantage - Exposure to top agents to build anticipation and pressure test pricing strategy • The most comprehensive, experienced leadership and support team in the region • Only real estate industry donor to JHAIR, committed to consistent year-round airline service to Jackson Hole. • Total integrity and confidentiality that is deserving of our clients’ trust • A drive for excellence • Technical expertise that makes innovation a state of mind • Professionalism that demands more knowledge, better preparation and greater service than our competitors
COMPASS LOCALLY
JACKSON HOLE COMPASS As the region’s largest and most dynamic real estate company, Compass Real Estate provides marketing and services that honor this remarkable destination. We are committed to being the leading luxury real estate brand in the Teton region. By staying on top of market trends and continually striving to offer cutting edge marketing and advertising services we deliver extraordinary experiences to clients and exceed their expectations. As a market leader in Jackson Hole, we believe the success of our company is based on the value that we provide for our clients, community and agents. It is this value-driven philosophy that has helped to guide the successful growth of our organization. There is no real estate company in the region that provides more exposure for listings or more choices for buyers.
UNPARALLELED ONLINE PRESENCE Your LOCAL Marketing Team actively manages search engine optimization, paid promotion and inbound marketing campaigns to attract thousands of qualified visitors to our website each month. Our tailored online strategy ensures buyers can quickly find your property. We enjoy the #1 organic (unpaid) position with Google for search term "Jackson Hole Real Estate" and "Star Valley Real Estate". #1 GOOGLE RANKING : JACKSON HOLE REAL ESTATE
Our partnership with Realtor.com, which receives 40 million unique visitors each month, ensures your property will appear as an enhanced listing on the largest and most complete home search on the Internet. LOCAL SOCIAL MEDIA PROWESS
The Compass Real Estate’s Market Report, unlike others in the valley, is derived from our company's proprietary, forty-year old database (not just MLS data), as well as decades of history and success, making this the most trusted and accurate real estate report in the region. No other real estate brokerage or agent has the resources available to offer this depth of expertise or insight regarding current or previous market conditions.
The Catalog of Fine Properties can be found in chamber offices, luxury hotels, and popular travel destinations throughout Jackson Hole, Star Valley, and Teton Valley.
CATALOG OF FINE PROPERTIES
The official magazine of Compass. Published twice annually, this catalog features a current selection our exceptional properties as well as information pertaining to some of the wonderful resources and organizations available to our visitors and residents. Annual circulation is over 50,000 in both print and digital.
PRINT ExclusiveADVERTISINGadvertisingopportunities in local and international publications: Jackson Hole News & Guide, Jackson Hole Daily, Star Valley Independent, Teton Valley News, Big Life, Jackson Hole Magazine, Explorer, The Land Report, and many more.
EXCLUSIVE PRINT PUBLICATIONS
MARKET REPORT
Compass Real Estate has a wide variety of publications tailored to our specific market. Combined, these publications reach hundreds of thousands of readers across the nation and around the globe. Our Catalog of Fine Properties has a wide distribution, unmatched by any other real estate firm in the Jackson Hole region.
WE'RE COMMITTED TO OUR COMMUNITY
At Compass we are committed to the communities we serve. It is a privilege to live and work in such remarkable destinations, which owe their appeal largely to the involvement of dedicated men and women like our agents. We are proud to join our agents in supporting the people, causes and organizations that make this region the most philanthropic in the country. We are pleased to offer the Compass Cares Community Grants Program. The only philanthropic initiative of its kind offered by a real estate brokerage in the region, this program allocates funds annually to be directed to local non-profits.
As a company, we share your passion for our communities, and we proudly put our resources towards supporting the organizations and people that make this area extraordinary.
03 Visit Properties Your agent will show you all the inventory available in your price range and keep you apprised of new listings hitting the market. Now is the time to consider your ideal home’s location and amenities. You will attend viewings spanning a range of areas and property types.
04 Packaging and Submitting Offers Once you identify the property you like, you can put in an offer, which is an agreement to pay a certain price for the home. Often, this offer is packaged with a Proof of Funds (POF) and PreApproval Letter. The seller may return with a counter-offer regarding price and acceptable terms, which you can accept, reject, or make another counteroffer. Your Compass agent will provide advice throughout. 01 Find an Agent Connect with a licensed Compass real estate agent who is aboutknowledgeablethemarket and neighborhoods you’re considering and can help guide your search. 02 Get Pre-Qualified Before beginning your search, your first step is to get pre-approved for a mortgage loan (unless you will be paying the pull price of your home in cash). Your Compass agent can connect you to a mortgage broker. Based on your income and credit history, the mortgage broker will determine how much a bank will lend you, which will help you determine the price range for your search.
08 Welcome Congratulations!Home!You are now a homeowner. 06 Home rememberrepairs.negotiateYoupreliminarydisclosureswillcontingencies.timelinewithinconditiondeterminehometoityourWithReportsReviewInspections:Disclosures&RepairsguidancefromCompassagent,isthebuyer’sdutyschedulealldesiredinspectionsandtheoverallofthepropertytheagreedandcontractualBuyeralsoreviewtheandtitlereport.mayapproveorcredits/Priortoclosing,toschedule a final walk-thru of the property to verify property is still in acceptable condition and any negotiated repairs were done. 07 Loan, Appraisal, & NowClosingisthe time to organize an appraisal with your bank. Your documentationwithmortgagecompletedapplicationallsupportingshould be submitted to your chosen lender upon receipt of the fully signed Purchase Agreement. The bank then issues loan approval. Consequently, the buyer wires the closing funds with the fundedtheninsurancehomeowner’sinplace,andtheloanwillbewithclearance to close. 05 Escrow Process (Life of an Escrow: 30 & 45 day escrow period) Day 1 Once offer is accepted, escrow is officially open and the clock begins on contingencies* Day 2 Contact your insurance agent for homeowners coverage Day 3 Initial deposit is due per terms of agreement Day 1-17 Seller delivers disclosures to buyer. Buyer performs inspections (Step 6) Day 1-21 Loan is in underwriting and appraisal occurs (Step 7) Day 7-30 I 21-45 Seller signs grant deed and staging is removed, if any (Step 7) End of Escrow Within final week of escrow period, buyer signs loan and closing documents and wires in closing funds (Step 10) Day 30-45 Loan funds and escrow closes (recordation) *This escrow process is based on a standard 30-45 day transaction
DISCOVER JACKSON HOLE ONE OF THE WORLDS MOST UNIQUE PLACES
NATURAL PROTECTED PLACES IN THE AREA: Bridger-Teton National Forest Caribou-Targhee National Forest Grand Teton National Park John D. Rockefeller Memorial Parkway National Elk Refuge Shoshone National Forest Yellowstone National Park
The area’s stunning natural beauty, diverse ecosystems and abundant wildlife are so unique that this area has been DESIGNATED BY THE UNITED NATIONS AND THE U.S. DEPARTMENT OF INTERIOR AS A “WORLD HERITAGE SITE” signifying its value and importance to the planet.
THE BREATHTAKING MOUNTAIN RANGES rise dramatically above the area including: Teton Range, Gros Ventre Range, Snake River Range, Wind River Range, Webster Range, Wyoming Range and Themore.gateway community TO GRAND TETON AND YELLOWSTONE NATIONAL PARKS.
JACKSON HOLE IS LOCATED IN THE HEART OF MILLIONS OF PROTECTED ACRES of beautiful and unspoiled mountain ranges, wilderness areas, wildlife refuges, National Parks, National Forests, glacial lakes, wildflower laden meadows and wild rivers, including the iconic Snake River.
World-Class Fishing on the area’s rivers and lakes makes Jackson Hole the envy of countless anglers every spring, summer and fall.
DISCOVER JACKSON HOLE ONE OF THE WORLDS MOST UNIQUE PLACES THE REGION IS A PREMIER DESTINATION FOR ALL SEASONS AND IS RENOWNED FOR ITS ENDLESS RECREATION: Best-in nation skiing, world-class fly fishing, hiking, mountain biking, climbing, horseback riding, big game hunting, snowmobiling, hot air ballooning, white water and scenic rafting, boating and golfing.
GRAND TARGHEE RESORT is located in Teton Valley, Idaho, about 45 miles from Jackson Hole. It, too, is regularly ranked among the best resorts in the country.
JACKSON HOLE MOUNTAIN RESORT is consistently ranked the #1 ski resort in the country. With more than 450” average snowfall, 12 lifts, 133 trails and 4,000+ ft. of vertical drop, it’s not hard to see why.
SNOW KING Locally known as the “Locals’ Hill” and the “Town Mountain,” Snow King Resort is conveniently located in the heart of the Jackson, just minutes from the Town Square.
Grand Teton National Park & Yellowstone National Park where recreational opportunities include hiking, incredible wildlife viewing, biking, camping, boating, horseback riding, and a geyser viewing experience of a lifetime.
Golf on one of the area’s five championship courses in Jackson Hole or try out the links in nearby Teton Valley, Idaho or Star Valley, Wyoming.
NATIONALYELLOWSTONEPARK GRAND13,770TETONFT.TOWNOFJACKSONGRANDTETONNATIONALPARKNATIONAL ELK REFUGE WILSON AIRPORT TETON VALLEY, IDAHO Jackson Hole’s incredible uniqueness is articulated when you consider that we are virtually an island. Today 97% of our land is forever preserved in national parks, national forests, Bureau of Land management acreage, National Elk Refuge and conservation lands, leaving only a small percentage available for private ownership.
There are plenty of reasons to be thankful for owning a home in Wyoming: the mountains, the rivers, two national parks and three ski resorts, art galleries and restaurants, a charming Western-style downtown, and a close knit, philanthropic-minded and fun loving community. As enviable as our lifestyle is here, reality does intrude occasionally, as it will in mid-April when we pay our taxes. But even in that area, we as Wyoming residents are better off than most. After all, Wyoming has been cited by Bloomberg Wealth Management magazine as the most tax friendly state in the country.
With no state tax on personal or corporate income, you have more disposable income. DYNASTY TRUSTS
When you fill up your car with gas or buy a bag of groceries in Wyoming, you will not pay any state tax on your gas or food.
NO STATE GIFT TAX
People in Jackson Hole who use Wyoming as a second home may have retirement income that comes from other states where they are a resident. Wyoming does not tax that retirement income earned outside of Wyoming, and if the participant is a resident of Wyoming when they take that income then the original state cannot tax that income either.
Wyoming has very low property taxes compared to other states. The taxes that you do pay here are based on the assessed value of the property. NO EXCISE TAXES
NO TAX ON OUT-OF-STATE RETIREMENT INCOME
Somebody who owns property in Wyoming can ‘gift’ that real estate to their heirs without having to worry about paying a state gift tax. NO INHERITANCE OR ESTATE TAX
NO TAX ON MINERAL OWNERSHIP Many states charge owners a tax on their mineral ownership, but Wyoming does not. NO INTANGIBLE TAXES Wyoming doesn’t make you pay a tax on financial assets like stocks and bonds.
10 Tax Benefits of owning property in Wyoming:
NO TAX ON THE SALE OF REAL ESTATE NO STATE INCOME TAX
Wyoming does not assess any state inheritance tax. Wyoming repealed its estate tax as of January 1, 2005. LOW PROPERTY TAXES
WYOMINGWHY
In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust, which can be established in Wyoming for the benefit of your family or other beneficiaries. You can transfer your real estate into a limited liability company or family partnership and then put that into the dynasty trust. As a result, multiple generations can make use of and enjoy the property, without having to pay estate taxes or worse, having to sell the property in order to pay the taxes. A key point to remember: The trust must be administered in Wyoming.
NORTH OF JACKSON
Continuing north sit several premier subdivisions, including Solitude and Upper and Lower Cascade. Just beyond, the communities of Moose and Moran offer unrivaled views of the Teton Mountains. Many of these neighborhoods are tucked off main roads and have Snake River access.
DISCOVER THE JACKSON HOLE REGION
The area North of the Town of Jackson towards the airport boasts a blend of the rugged West, stunning views and modern conveniences. The Jackson Hole Golf and Tennis Club provides a resort setting built around a Robert Trent Jones II designed golf course.
SOUTH OF JACKSON - Just minutes from the Town of Jackson boundary, South Park stretches south from High School Road. The area is just enough removed to provide even greater privacy and solitude, while at the same time offering the comforts and conveniences of being only minutes away. It features relatively affordable neighborhoods such as Rafter J and Cottonwood Park, as well as higher-end neighborhoods like 3-Creek Ranch and Snake River Sporting Club, private golf club communities, not to mention some of the last privately held ranch lands in Jackson Hole.
THE TOWN OF JACKSON was named in 1894 after Davey Jackson, one of the first fur trappers to the valley who spent a winter in the late 1800s on Jackson Lake. Often considered the heart of Jackson Hole, the downtown area has a bustling food, arts and nightlife scene. Properties in Jackson range from one bedroom condos to large family residences, all within walking or biking distance to the historic Town Square.
WEST OF JACKSON - The properties on and around East and West Gros Ventre buttes that sit between the Town of Jackson and the Snake River, feature some of the most important protected landscapes in Jackson Hole. Additionally, this area encompasses the West Bank of the Snake River and stretches south down Fall Creek Road and north along Highway 22, including Teton Pines and the Aspens. Home to families, seasonal residents and recreationalists, residents enjoy easy access to restaurants, conveniences and lifestyle amenities offered on the West Bank and in Wilson, Wyoming.
TETON VILLAGE - Located at the base of the Jackson Hole Mountain Resort, this resort village offers lodging, shopping, restaurants and spas. Summer or winter, “The Village,” as locals refer to it, serves as a base for a range of recreational and lifestyle pursuits. Additionally, the base of the mountain is only a few miles from the Grand Teton National Park’s southernmost entrance. With the addition of the Shooting Star development, Teton Village now features a Tom Fazio-designed golf course.
RANCH PROPERTIES - Whether it is a family retreat, working horse or cattle ranch, farm or heritage property, western ranch land in the Rocky Mountain West offers a rugged independence found nowhere else in the world. Breathtaking scenery, miles of open wilderness, wildlife outside the front door and thrilling recreational pursuits are the hallmarks of the ranch life. Whether you seek a historical Jackson Hole ranch or a cattle operation, there is nothing quite like the rustic appeal and wide-open spaces of a western ranch.
TETON VALLEY - Located on the east side of the Teton Mountains, Teton Valley, Idaho includes the popular communities of Victor, Driggs and Tetonia, as well as Alta, Wyoming. Referred to by locals as “the sunny side of the Tetons,” these charming towns have drawn people from all over the world attracted by the world-class fishing, countless mountain activities in three national forests and the Grand Targhee Resort, which also regularly ranks among the country’s top ski resort. Teton Valley was aptly named for the beautiful valley along the west side of the Tetons, 24 miles from Jackson Hole.
STAR VALLEY - Settled in the late 1870’s and proclaimed the “Star of All Valleys” for its natural beauty. Commonly known as Star Valley, this area is made up of a collection of towns and communities including Alpine, Afton, Auburn, Bedford, Etna, Thayne, Turnerville and Star Valley Ranch. Located 35 miles south of Jackson Hole and surrounded by national forests and four major rivers, Star Valley offers turnkey access into the outdoors and amazing recreational opportunities.
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Main Location 80 W 307.733.6060Jackson,BroadwayWY83001tel COMPASS.COM Pearl at Jackson 270 West Pearl Jackson, WY 83001 Teton Village 3200 McCollister Dr. Teton Village, WY 83025 Snake SportingRiverClub 14885 Sporting Club Rd. Jackson, WY 83001 Alpine, Wyoming 46 Iron Horse Dr. Alpine, WY 83128 307.883.7575 tel Thayne, Wyoming 235 South Main St. Thayne, WY 83127 307.654.7575 tel Afton, Wyoming 571 Washington St. Afton, WY 307.885.757583110tel Teton Valley, Idaho 65 South Main St. Driggs, ID 208.534.732583422tel Tributary 501 Huntsman Springs Dr. Driggs, ID 83422