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SELL WITH KENTWOOD
Kentwood Real Estate | A Trusted Brand
K E N T W O O D R E A L E S TAT E Founded in 1981 by five renowned Metro Denver real estate brokers, Kentwood Real Estate celebrates over 42 years of real estate excellence. The original office was headquartered in the Denver Tech Center, where operations continue today. Throughout its four-decade journey, Kentwood Real Estate
achieved
significant
milestones,
including
the opening of a Cherry Creek office in 1998 and the establishment of Kentwood City Properties, our Lower Downtown office, in 1999. In 2018, the company expanded its footprint with the formation of a Northern Colorado office situated in Fort Collins, along with a Boulder Valley office in 2023. Kentwood’s comprehensive services encompass
Kentwood
Commercial,
Denver
Rental,
Prosperity Home Mortgage, HomeServices Insurance, and American Home Shield, comprising a full-service real estate offering. Kentwood Real Estate, with the influence of national and global connections combined with the expertise of our seasoned Kentwood brokers, ensures your real estate objectives are met.
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Kentwood Affiliated Services Regarded as Colorado’s most respected real estate company, strengthened by four decades in the community, Kentwood provides the highest quality service and trustworthiness, producing matchless results for our clients. And while Kentwood is proudly rooted in Colorado, we affiliate with only the best nationally. Our parent company, HomeServices of America, a Berkshire Hathaway Affiliate, was recognized as being in the top three largest brokerages by transaction sides and volume in the U.S. on the 2022 REAL Trends 500 list.
Berkshire Hathaway Affiliated Kentwood is the exclusive Colorado affiliate of Berkshire Hathaway’s HomeServices. In 2016, the organizations aligned given our shared core values of trust, integrity, stability, and longevity. HomeServices companies are independent brands under the Berkshire Hathaway umbrella, not franchises. We are owned and operated as a collective of the top real estate brands in the country, yet managed locally to maintain our independence of brand, community roots and deep local knowledge. The Berkshire Hathaway affiliation offers an international reach that sets Kentwood Real Estate apart.
December 2023
Kentwood Offices
CH E RRY CRE E K
DENVER TECH CENTER
Our Cherry Creek office is found in the heart of a stimulating cosmopolitan community. We specialize in Central Denver neighborhoods known for their vibrant culture, accessible lifestyle and diverse architecture, and are well-seasoned professionals with in-depth knowledge of all areas of the Denver Metropolis.
Our premier location in the Denver Tech Center enables Kentwood’s leading brokers to serve clients in the vibrant southern sector of metro Denver in grand fashion. From Cherry Hills to Greenwood Village to Castle Pines and points in between, it’s an area characterized by unique communities and extraordinary amenities.
CITY PROPERTIES
NORTHERN PROPERTIES
Our City Properties office conveniently located directly across the street from Denver Union Station, provides access to our city’s most desired neighborhoods. From LoDo to Wash Park, Country Club, the foothills and more, we are Colorado’s premier source for “city and city-close” Denver real estate.
Our Northern Properties office services all of Northern Colorado; from just north of Denver to the Wyoming border, an area characterized by a thriving economy, educated workforce, and recreational opportunities. Our Kentwood brokers provide you with the best real estate service you can find.
B O U L D E R VA L L E Y Kentwood Boulder Valley, our newest office, launched in early 2023 providing full service to the Boulder Valley and surrounding communities. With an experienced group of Boulder focused brokers, Kentwood Boulder Valley is the exciting next step for Kentwood clients.
Rooted In Excellence ETH ICAL We affiliate with the top brokers in the marketplace and hold ourselves to the highest standards. Our values are worn on our sleeves to prove to our customers that we are there for them, and that we’ll always strive for an ethical solution.
PROFESSIONAL We have never cut corners and we never will. No matter the size or scope of our clients’ needs, we provide first class service to all. When you walk through our doors you are valued – we are offering our trust. Our brokers are committed to helping our clients, and each other, successfully reach their goals. Kentwood brokers are family and, as soon as you work with one, so are you.
LOCAL We are nimble because we are part of the community, Colorado is our home. We believe in our communities and our hearts belong here. Our brand is local and will stay that way, but we’re able to bring the world to Colorado when we need to.
QUALIT Y We are leaders, and guarantee a personal touch to every client – this is our passion. We adapt and bend to challenges, are problem solvers and dream makers. Through our affiliation with HomeServices of America, we have the backing of one of the most trusted brands in the world—Berkshire Hathaway.
EXPERT
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We are able to offer our superior service because we are all at the top of our craft. We are knowledgeable, prestigious, and offer a full-service product – we are quality, not quantity, here to help our community. Luxury is in the eye of the beholder, and we are experts at luxury, locally and globally.
2023 Kentwood Accomplishments Paving the path in our industry, we at Kentwood Real Estate are driven by an insatiable quest for excellence, never settling for the status quo. Our commitment to continuous innovation and growth is fueled by our dedication to finding novel solutions that set new benchmarks in the field. Recognizing the high expectations of our community, we strive to surpass them by consistently delivering superior service and results. Join us as we redefine standards and lead the way to excellence in real estate.
$2,022,219,967 2023 CLOSED SALES VOLUME
5
strategically located offices
43
years in business
11
consecutive years with total sales over $2 billion
280+ 2,160 2023 CLOSED SALES TRANSACTIONS
top producing agents
20+
average years of experience per agent
170+
charitable causes supported
Share of Voice Share of Voice, in public relations, is defined as the percentage of all online news and broadcast content about a company or brand, compared to that of its competitors, over a specified time period. This graph analyzes the volume of Kentwood and
competitor coverage between January 1, 2022-December 31, 2022 and illustrates Kentwood Real Estate’s commitment to being the real estate thought leader in the Colorado market. Note: SOV should not include paid placement and advertising in the measurement.
927 Kentwood EARNED MEDIA COVERAGE MARKET WIDE
40.4%
EDITORIAL STORY MENTIONS
14.29 Million IMPRESSIONS LOCALLY & NATIONALLY
$1.43M LIV SOTHEBY’S 26.6% | COMPASS 18.8% | KELLER WILLIAMS 8.2% COLDWELL BANKER 3.5% | C3 REAL ESTATE SOLUTIONS 0.8% PORCHLIGHT 1.3% | CORCORAN PERRY & COMPANY 0.4%
SOURCE: DECIBEL BLUE 2022
PUBLICITY VALUE
Kentwood Cares Foundation Helping Family and Community
OUR MISSION The Kentwood Cares Foundation was created to support our communities during times of natural disaster and to promote homeownership initiatives. The Foundation also provides emergency assistance to members of the Kentwood staff when they face hardship such as cancer treatment or emergency travel.
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S TA K E H O L D E R S & A F F I L I AT E S
N O N P R O F I T O R G A N I Z AT I O N S
Internal Stakeholders within the Kentwood organization and its affiliates may apply for a grant based on personal need.
Nonprofit organizations that meet the following criteria will be eligible for consideration to apply for a grant from the Foundation:
HERE ARE A FEW EXAMPLES
THE CRITERIA
A staff member who was in an accident and
»
requires medical deductible assistance.
»
A Broker who must temporarily cease working due to family illness or emergency requiring the Broker step away from the business.
Advancing safe and affordable housing programs for Colorado residents.
»
Promoting educational programs that encourage and support equity in housing
»
Provide relief to Colorado communities impacted by natural disaster, and
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Someone within the organization who incurred a major expense due to a natural disaster.
»
Align with the Foundation’s strategic priorities for its grantmaking
Kentwood Real Estate’s Diversity, Equity & Inclusion Council In its commitment to addressing homeownership disparity in Colorado and the real estate industry, Kentwood Real Estate has formulated a Diversity, Equity and Inclusion (DEI) Council. The council is actively identifying and executing on initiatives to help under-served communities and educate the brokers and staff. Education is at the heart of the program. The DEI Council has created opportunities for internal conversations and meetings covering a range of topics including fair housing. Brokers are encouraged to attend at least one function per year held by community or real estate affiliated organizations that afford them the opportunity to learn or engage around diversity. Via HomeServices, Kentwood is a member of the Asian Real Estate Association of America (AREAA), the Colorado Association of Hispanic Real Estate Professionals (CAHREP), the National Association of Hispanic Real Estate Professionals (NAHREP®) Denver Chapter, the LBGTQ+ Real Estate Alliance and the National Association of Real Estate Brokers (NAREB).
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Kentwood Marketing
M A R K E T I N G YO U R H O M E Experience the epitome of sophistication with our comprehensive array of luxury offerings curated by our marketing department. From captivating print collateral to immersive digital experiences, our marketing team ensures your brand exudes luxury at every touch point with technological innovation.
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Website Exposure Your home will be advertised around the globe on the Internet via a unique Individual Property Website (IPW) which is also embedded into Kentwood.com. In order to make the process of finding your home easy, our agents will register a simple and specific domain name for your property. These web addresses can be included on a property rider over the Kentwood ‘For Sale’ sign. A prospective client passing by can use their mobile device to view a complete online brochure, including outstanding photographs, a property description, price, and agent contact information.
Email Marketing WITH OUR E-FLYER PROGRAM, YOUR PROPERTY CAN REACH 15,000+ BROKERS ALONG THE FRONT RANGE FROM CASTLE ROCK TO FORT COLLINS. Thousands of highly qualified prospects receive email notification when properties are updated on our website, which occurs daily. Kentwood also sends email marketing pieces to our network of brokers. In addition to daily property emails Kentwood also offers Open House, Private Exclusive and Broker Open Emails. This promotes your property to a network of brokers who represent qualified buyers.
Digital Syndication Listing syndication maximizes a home’s exposure and a brokerage’s online presence. Kentwood gives your home the most exposure by syndicating each listing to top-rated sites with thousands of unique users every day and millions of pageviews every month.
36 Million Visits per Month
23 Million Visits per Month
18 Million Visits per Month
20 Million Visits per Month
10 Million Visits per Month
*Listing syndication is driven through the MLS system. If you prefer to not have your property syndicated across the internet, ask your Broker for options.
Print Exposure Kentwood Real Estate is dedicated to showcasing our brand and broker listings in a vast network of publications across Colorado. Through our partnerships with these publications, we have a diverse audience and share our story along with our listings. Our print marketing has resulted in increased brand awareness, expanded audience reach, and a stronger exposure for our clients. From lifestyle to luxury to business, our print advertising strategy and continues to strengthen our presence as a trusted and reputable brand. OUR REACH IS SIMPLY POWERFUL 5280 Magazine Colorado LUXE Interiors + Design Colorado Expression Luxury Portfolio International AvidLifestyle Cherry Hills Village Cherry Creek Lifestyle Fort Collins Lifestyle Boulder Daily Camera
Professional Photography & Videography Kentwood Real Estate is known for our use of advanced technology, helping to position our clients at the top of what buyers most desire to see. Kentwood has partnered with several of Colorado’s top digital firms offering to highlight our listings in the most beautiful and professional manner. From Luxury photography, Drone Videos and Walk-Through Videos to 2D and 3D floor plans, we offer an array of professional services to enhance your properties features.
Professional Luxury Photography & Videography Virtual Staging 4K Drone Video VR Interior & Exterior 360° VR Home Tour 360° Day-to-Dusk Exterior Editing HDR MLS Ready Photos
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Kentwood App Elevate your real estate experience with the Kentwood Real Estate app. We put the power of the MLS directly in your hands, ensuring you have access to the most up-to-date property listings and information. This isn’t just an app; it’s your personalized concierge for all your real estate needs in Colorado.
K E Y F E AT U R ES Explore the entire localized MLS, effortlessly navigating Colorado’s active, pending and open house listings. Uncover the true value of your home with our precise home valuation tools. Empower yourself by determining your buying capacity with our advanced mortgage calculator. Stay updated with notifications on saved searches and favorited listing changes. Connect with premier local agents for personalized home tours throughout Colorado.
DOWNLOAD & JOIN NOW
Kentwood.com Merging cutting-edge technology with a consumer-centric approach, our innovative web platform offers a seamless experience for both buyers and sellers. Our progressive design reflects our deep understanding of the real estate landscape, providing a streamlined ecosystem of tools to showcase and explore homes online. From a user-friendly interface to powerful features, Kentwood’s website will provide you with a modern and efficient buying or selling experience.
2 0 2 3 S I T E U SAG E
226,913 USERS
572,353 PAGEVIEWS
327,886 SESSIONS
2.53
PAGEVIEWS PER USER AVERAGE PAGEVIEWS PER USER = 2.19
1:10 ENGAGEMENT TIME PER USER AVERAGE ENGAGEMENT TIME PER USER = :53
SOURCE: 2023 GOOGLE ANALYTICS
Kentwood BOOST Properties on Kentwood.com can be advertised on our Social AI Engine using Kentwood BOOST. This powerful platform identifies people who are searching specifically for your type of home and shows them your property’s ad. Kentwood Boost collects and analyzes all the data in real time so we can showcase your property to the people most likely to buy right now.
QUALITY INQUIRIES
FASTER SALE
Smart targeting and filtering
Active buyers + qualified interest
delivers ads to interested buyers
= a faster home sale
MORE VIEWINGS
YOU’RE IN THE LOOP
As of December 2023 we saw a 965%
See how many people view
increase in listing visits over properties
your ad and inquire about
not enrolled in the BOOST program
the property
Partners & Affiliates
OUR SERVICES Discover a seamless experience with our comprehensive suite of services at Kentwood. From exquisite rental properties and unparalleled commercial opportunities to seamless relocation assistance, tailored mortgage solutions, and robust insurance and warranty offerings, we are your trusted partner in every facet of real estate transactions. Let Kentwood serve as a one-stop shop for all your real estate needs.
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Kentwood’s In-House Services
KENT WOOD COMMERCIAL This boutique commercial brokerage combines the exceptional local brand and referral network of Kentwood with the national strength and financial support of Berkshire Hathaway. The company has the ability to nimbly handle the range of large institutional and smaller entrepreneurial clients with the highest level of skill, responsiveness and experience in the industry. Locally operated, with some of the most experienced brokers in the industry together with a strong and experienced support staff, Kentwood Commercial assists with every facet of each sale or lease. The offices of Kentwood Commercial are conveniently located in Downtown Denver, Cherry Creek, and the Denver Tech Center.
D E N V E R R E N TA L The professional property managers and leasing agents at Denver Rental will assist you with maximizing your profits and minimizing your expenses. They accomplish this by reviewing rental rates to ensure that you are always getting high rents, and reviewing and approving each expense item to ensure you are always getting low contractor rates.
R E L O C AT I O N Kentwood’s Relocation Department looks after the complete relocation needs of people moving to and from Denver. The Kentwood Relocation team is carefully trained in all aspects of individual, family, and corporate moves. We concentrate on the individual needs of each client to ensure that they find the right location and are happily settled into their new home. Kentwood’s corporate clients range in size from a handful of employees to major moves of several hundred transferees. Kentwood Real Estate provides the expert service and support to assist Denver’s corporations and their people as they change, grow and prosper.
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Kentwood’s In-House Services
HOMESERVICES INSUR ANCE Whether you are buying a home or shopping for a new insurance agent, HomeServices Insurance is here to help. As the in-house insurance agency for Kentwood Real Estate, we are able to work directly with your real estate agent and other representatives to ensure a smooth, on-time closing. Our history gives us a deep understanding of the individual insurance needs of a wide range of clients. Our insurance consultants collaborate with clients to change their plan as their life changes.
PROS PE R IT Y H O M E M O RTGAG E Prosperity Home Mortgage, LLC, is a full service mortgage banker specializing in residential and refinance loans, offering superior mortgage services to Kentwood clients. We offer a wide range of mortgage products and we have built a strong reputation for extraordinary service and professionalism. From application to closing, we pride ourselves on delivering a positive home financing experience every step of the way.
AM E RICAN HOM E SH I E LD As the founder and leader of the home warranty industry for more than 50 years, American Home Shield is dedicated to providing world-class service and a focus on taking the hassle out of homeownership. American Home Shield provide plans that cover parts of home appliances and systems when they wear out, no matter their age. AHS also helps with the issues that home insurance doesn’t to keep their homes running smoothly.
Luxury Portfolio International LPI is an exclusive, invitation only, collaboration of luxury-focused independent brokerages across the globe. Members focus on serving affluent clientele by delivering a highly personalized experience. The award-winning LuxuryPortfolio.com website represents more $1 million+ properties than any other luxury network, leveraging high resolution photography and the latest mobile and video technology to create a cutting edge experience while browsing the world’s preeminent collection of fine properties.
Local, National, and Global Reach 50,000 properties marketed annually 58 Billion in current website inventory $2.2M average property value
OUR INTERNATIONAL NETWORK
CHRISTIE’S INTERNATIONAL NETWORK
SOTHEBY’S INTERNATIONAL NETWORK
AFFILIATES
550
135
N/A
OFFICES
4,900
940
1,000
SALES ASSOCIATES
138,000
27,000
23,000
SALES VOLUME ANNUALLY
$296B
$100B
$114B
SALES VOLUME ANNUALLY IS U.S. ONLY.
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Leading Real Estate Companies of the World Kentwood Real Estate is a member of Leading Real Estate Companies of the World, providing our clients global reach when selling their home. Being a part of the global economy goes far beyond technology; it requires the human touch. We are proud to belong to the global network whose name says it all – Leading Real Estate Companies of the World®. Only the best of the best are part of this collection. Wherever you go, the Leading Real Estate Companies of the World® logo is a symbol of the finest local real estate professionals.
550 companies 4,700 offices 70+ countries 136,000 sales associates
Who’s Who In Luxury Real Estate Since its debut in 1995, LuxuryRealEstate.com has become the number one portal for luxury properties on the Internet. Kentwood values its relationship with Luxury Real Estate, selling in excess of $240 billion in real estate annually. LuxuryRealEstate.com is the definitive source for luxury homes from around the world with its powerful marketing solutions and property visibility, Luxury Real Estate is an integral part of selling your home. Its network contains all of the top luxury professionals from small boutique firms to large international brands.
2.7M annual page visits Ranks number 1 on Google, Bing, and Yahoo for luxury and multimillion dollar listing searches 40,000+ properties with an average price of $2.6M 70+ countries
Selling With Kentwood
S E L L I N G YO U R H O M E Within the ever-changing housing market, Kentwood Real Estate brokers specialize in guiding you through the dynamic pricing and preparation process for selling your property. With a keen understanding of Colorado market trends, neighborhood dynamics, and unique tools for accurate valuations along with effective marketing, we ensure that your home is strategically positioned to maximize its value.
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Strategic Pricing for the Best Exposure Timing and pricing for your home is imperative to a satisfactory sale. Your Kentwood broker will help you analyze these factors to get the best price in the best time.
PRICING ABOVE FAIR MARKET VALUE WILL ATTRACT FEWER BUYERS
Fair Market Value
LOWER PRICES WILL ATTRACT MORE BUYERS
NUMBER OF BUYERS
Where Do Sellers Find the Widest Variety of Buyers? A successful sale is based on understanding the buyer. Your Kentwood broker recognizes how to market your home based on the knowledge of where buyers come from and will create a comprehensive marketing plan to fit your needs and your home.
Item 1
86% | R E A L E STAT E AG E N T
Item 2
73% | S M A RT P H O N E / TA B L E T
Item 3
40% | O N L I N E / V I D EO
Item 4
39% | YA R D S I G N
Item 5
28% | O P E N H O U S E
0%
20%
40% K E N T WO O D AG E N T
Top 5 Things 35 Sellers Want From Their Real Estate Agent
60%
80% S E LLE R WA N T S & NEEDS
1. Help price home realistically and competitively
2. Help seller market home to potential buyers
3. Help sell the home within specific time frame
4. Help seller find ways to fix up home for profit
5. Help find a buyer for home
SOURCE: 2023 NAR BUYERS & SELLERS TRENDS REPORT
100%
Steps in the Kentwood Selling Process
1
2
3
Explain the selling process
Research Market Analytics
Determine Listing Price
4
5
6
Determine & Coordinate Marketing Strategies
Conduct Showings & Give Feedback
Attract & Screen Qualified Buyers
7
8
9
Negotiate Offers
Order Title
Handle Contract Administration
10
11
12
Ensure Communication Among All Parties
Coordinate Home Inspection
Meet Appraiser
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14
15
Accommodate Final Walk Through
Facilitate Closing
MOVING DAY
The People Involved in Your Transaction
BUYER
SELLER
Buyer’s Agent
Seller’s Agent
Buyer
Seller
Lender
Appraiser (Loan)
Inspector
Title Company
Appraiser (Loan) Title Company
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References for Sellers
REFERENCES Navigate all the intricacies of selling your home with our comprehensive References for Sellers section. Learn about the associated expenses, cybersecurity, wire fraud, discover tips to enhance your home before putting it on the market, and gain insights into the responsibilities of our skilled brokers. From financial considerations to safeguarding your transactions, we provide the essential knowledge to empower sellers throughout every step of the real estate process.
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Enhance Your Home for a Quick Sale It is important for your home to look its best when going on the market. Your Kentwood broker can advise you on enhancements and give you referrals for preparing your home for sale.
ENHANCE YOUR HOME’S EXTERIOR
ENHANCE YOUR HOME’S INTERIOR
WHEN SHOWING YOUR HOME
» Upkeep lawn maintenance
» Deep clean and declutter every room
» Open curtains, set cozy temperature, and turn on lights for showing
» Trim and weed regularly » Check structures for cracks » Inspect for peeling paint » Clean and align gutters » Inspect and clear the chimney » Repair loose siding/caulking » Clear snow/ice from walks » Add vibrant flowers near entrances » Re-seal an asphalt driveway
» Consider getting a professional stager » Add a subtle clean scent » Rent storage units for furniture removal » Hire cleaners regularly » Paint stained or brightly colored walls » Check for any signs of damage such as leaks, cracks, holes, paint, etc
» Keep the garage closed
» Replace damaged windowpanes, molding, and woodwork
» Apply fresh paint to the front door
» Buy new towels to be displayed in bathrooms
» Keep pets out of the way if it will be disruptive » Make the noise level quiet or soft to create a relaxed setting for viewing » There will be a variety of comments about your home, let your Kentwood agent handle them » Plan on vacating during the showing period so buyers do not feel rushed » It is advised not to use video systems to observe showings or inspections to allow brokers and buyers privacy during this important decision
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What is Wire Fraud? Wire fraud is committed in order to defraud another person out of money or something else of value and is on the rise due to the high use of email and the internet for transactional and banking services. HOW TO AVOID REAL ESTATE WIRE FRAUD
Stay aware of your communications and double check all email addresses you’re communicating with. Before responding to emails that seem a little off, have grammatical errors, or a false sense of urgency, double check the email address closely.
Use a reputable title company and either visit the title company in person or call the number listed on their website, do not use a phone number at the end of an email signature. When you’re ready for closing, you can physically bring a cashier’s check into the title company or call the title company’s main line to clarify you have the correct wiring instructions.
Understand your Realtor’s means of communication. Your Realtor® will not suddenly begin to contact you in a new and different manner. The email address will not change toward the end of a transaction.
On the day of the wire transfer, don’t hesitate to pick up the phone and call the recipient to verify wiring instructions. Use the phone number you’ve been using throughout the process or call the title company or lender’s main line. Don’t use a phone number at the end of an email. Do not react to a suddenly urgent request – this is a red flag for fraud.
Always use strong passwords and ensure your agent is doing the same. It wouldn’t hurt to change your password a few times throughout the transaction, or before a wire is sent. Finally, request your agent use a company email account, and not a free service such as Gmail, Yahoo! or Hotmail.
Cybersecurity In today’s digital world, cybersecurity is a top priority. Kentwood brokers understand these threats and know how to keep your money and personal information both safe and secure. HERE’S HOW WE DO IT
Email – through multi-factor authentication, all Kentwood provided email accounts use an enterprise email system with multiple layers of security.
HomeServices of America – Kentwood Real Estate is backed by HomeServices of America and Berkshire Hathaway. With over $600 billion in assets, we have the resources to give you industry leading security. Kentwood has successfully connected all 4 offices to an off-site SOC (Security Operations Center) for professional and real time 24/7/365 monitoring of our internal network and data to help prevent any unauthorized access or cyber-attacks.
Information Every Seller Should Know As the seller, the following are customary expenses associated with the sale of your home.
Broker’s Commission
»
Percentage of sales price
Kentwood Flat Rate Commission
»
$295 per transaction
»
Sliding scale based on sale price: $200,000: $1,358 $500,000: $1,932 $800,000: $2,549 $1,000,000: $2,964 Over $3,000,000: please use a rate calculator at www.LTGC.com/rates
»
$300 - $500
Water Escrow
»
$250 - $1,000 with balance refunded to seller
Prorated Utilities & Assessment
»
For expenses incurred, but not paid, up to the date of closing
Recording Fees
»
$50 - $100
Homeowners Association (HOA) Fees
»
Per the contract and as assessed by the HOA
HOA Document Retrieval
»
$70 - $295
Release Tracking Fee
»
$30 per release
Title Closing Fee
»
$320 - $400
Title Insurance (approximate) *Discounts may apply for re-issue rates. *Includes owners extended coverage.
Improvement Location Certificate (ILC) (If needed per contract)
SOURCE: LAND TITLE GUARANTEE COMPANY DECEMBER 2023 *COSTS ARE APPROXIMATIONS AND MAY VARY
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A Broker’s Responsibilities Your Kentwood Broker will provide the luxury of personalized service and take care of it all, from specialized market knowledge to negotiating and closing your transaction. If you’re working with a Seller’s Agent, you can expect the list below to be the minimum level of service to you.
E X P E R T G U I DA N C E Provide a marketing strategy, a competitive market analysis and recommend an appropriate list price for the sale of your property
RESPONSIVENESS Act in good faith at all times Adhere to your instructions Return calls, texts and emails promptly Closely track dates and deadlines
Market your property to buyers and other agents utilizing all possible appropriate methods Make recommendations on staging, potential repairs and
AC C O U N T I N G Receive and remit earnest money deposits
cleaning your property, in order to make your home more attractive to buyers Suggest quality professionals,
Receive and deliver all documents in a timely manner Review final settlement statements
including attorneys, handymen, stagers and inspectors Guide you in making informed decisions leading to a satisfactory sale Present and respond to all offers in a timely manner
LOYA LT Y Place your interests above all others Keep your personal information strictly confidential Ensure that all parties to the
Negotiate the best price and
transaction are fully informed
terms possible, always keeping
about any material facts that
your specific goals in mind
may affect the transaction
A Quick Guide to Agency Terms S E LLE R ’ S AG E N T
T R A N S AC T I O N - B R O K E R
A seller’s agent works solely on behalf of
A transaction-broker assists the buyer or seller
the seller to promote the interests of the
or both throughout a real estate transaction by
seller with the utmost good faith, loyalty and
performing the terms of any written agreement,
fidelity. The agent negotiates on behalf of and
fully informing the parties, presenting all offers
acts as an advocate for the seller. The seller’s
and assisting the parties with contracts without
agent must disclose to potential buyers all
advising, including the closing of the transaction
adverse material facts actually known by the
without being an agent or advocate for any
agent about the property. A separate written
of the parties. A transaction-broker must use
listing agreement is required which sets forth
reasonable skill and care in the performance
the duties and obligations of the broker and
of any oral or written agreement, and must
the seller.
make the same disclosures as agents about all adverse material facts actually known by the
B U Y E R ’ S AG E N T
transaction-broker concerning a property or a buyer’s financial ability to perform the terms of a
A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as
transaction and, if a residential property, whether the buyer intends to occupy the property. No written agreement is required, but Colorado’s Real Estate Commission encourages one.
an advocate for the buyer. The buyer’s agent must disclose to potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.
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C U S TO M E R A customer is a party in the transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker. The broker must treat a customer to a transaction with honesty and fair dealing.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kentwood Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.