2023 Skybox Realty Home Selling Guide

Page 1

Selling
Skybox Realty 2023
Home
Guide

Table of Contents

The Selling Process

17 Day Listing Approach

Skybox Marketing Staging Matters

Off Market Solds Life Of An Escrow

Closing Costs

Outperforming the Competition

Who You Work With Matters

Paul Hwang

4 - 7 8 - 9 12 - 15 16 - 21 24 - 25 26 - 27 28 - 29 30 - 31 32 - 33 36 - 37

Paul
|
| dre 01371169 |
|
Table of Contents
Hwang
415.216.8746
paul@skyboxrealty.com
www.paulhwang.com
3 © Skybox Realty Inc, 2023 Table of Contents

The Selling Process

Skybox Realty has extensive experience in marketing and selling properties for their maximum value and consistently outperforms the competition. • Understand objectives, priorities, & time frames • Discuss selling process overview • Lay out pros & cons of the home • Examine local market conditions • Define agency relationship • Define how we will work together

FIRST STEPS

Initial Consultation

Due Diligence

Once a relationship has been established, a listing agreement is needed to protect both parties • If applicable, a General Inspection & Pest Inspection should be done at this time • Determine what repairs or improvements will be needed, if any • Draft disclosures

Paul Hwang | 415.216.8746 | dre 01371169 |
|
Selling Process
paul@skyboxrealty.com
www.paulhwang.com

Prepping Home Photography Marketing

• Discuss how to highlight unique features of the home • Make necessary repairs • Paint & Stage • Skybox coordinates with all appropriate vendors to ensure a smooth, stress free process • Skybox works with some of the best photographers in the business • We will reshoot until we get desired image quality (at no cost to client) • Twilight or dusk shoots if appropriate • Videos, drone footage, and virtual tours if appropriate • Combine traditional and digital strategies • Well designed, custom content • Maximize aesthetic impact while presenting to the largest pool of qualified buyers • Over 25+ Web Partners • Social Media & Email Campaigns • Use comparative market analysis and current market conditions to determine pricing

Pricing

5 © Skybox Realty Inc, 2023 Selling Process
PRE-MARKET PREPARATION

Post on MLS Showings

SELLING

Negotiate

Escrow

• List the property on SFARMLS or appropriate MLS for your region • The MLS will send the listing to all of its syndicates • Host Open Houses (if allowed) • Host Broker’s Tours • Do Private Showings • Evaluate offers and provide recommendations • Counter offer and seek multiple offers • Negotiate to give you the best possible outcome • When a contract is ratified we will open escrow • Finalize all paperwork • Make sure contingencies are removed in a timely fashion to ensure a successful close

Selling Process Paul Hwang | 415.216.8746 | dre 01371169 |
|
paul@skyboxrealty.com
www.paulhwang.com

• Confirm property condition and completed repairs • Property condition should be consistent with condition on date of ratification • Cancel utilities: electricity, water, garbage, phone, internet, alarm, etc

Contact HOA office to schedule move-out

Schedule move • Review all closing and transaction costs

Sign closing documemts

Provide necessary paperwork (ie: trust documentation, etc) • Deed is recorded in person at county recorder’s office by title company representative

7 Selling Process © Skybox Realty Inc, 2023
Moving Details Sign Off / Funding Record & Close Escrow
• Leave keys for the new owner! CLOSING Final Walkthrough

17 - Day Listing Approach

Effective marketing sells. We are confident in the product we produce. Below is a sample calendar for a condo or home in San Francisco.

Paul Hwang | 415.216.8746 | dre 01371169 |
| www.paulhwang.com 17-Day Listing
paul@skyboxrealty.com
SATURDAY SUNDAY MONDAY TUESDAY SATURDAY SUNDAY MONDAY TUESDAY SATURDAY SUNDAY MONDAY TUESDAY • Staging •
• Unit
/
• Open
2-4 PM • Open
2-4 PM • Open
2-4 PM • Open House 2-4 PM • Offers
• Offers
Staging Day 1
Home gets posted on TAN, Zillow, Trulia, etc. as coming soon
Unit painted
Paul calls top agents to tell them the home will be on MLS soon.
painted
All furniture
items in unit removed (ideally)
House
House
House
due
reviewed for completeness.
9 © Skybox Realty Inc, 2023 17-Day Listing TUESDAY WEDNESDAY THURSDAY FRIDAY TUESDAY WEDNESDAY THURSDAY FRIDAY TUESDAY WEDNESDAY THURSDAY FRIDAY • Disclosure Package completed • Listed on MLS • Order Print Marketing • Spam Social Media & Contacts • Photography • Prep Print & Digital Marketing Staging Day 2 • Broker’s Tour, if applicable
Home Selling Guide Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com
Home Selling Guide 11

Skybox Marketing

Who you work with matters. The best marketing produces the best results. Skybox can help make your home stand out in the crowd.

PRESENTATION

of the best talents in the field.

PRINT MARKETING

BRICK & MORTAR

Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Skybox Marketing
and
The bottom line is that vacant, freshly painted
staged homes sell faster and for more money than their occupied, unstaged counterparts. Through our 20+ years of experience we know what works and our team is comprised
We design & produce custom, personalized collateral for every home: • Just Listed / Just Sold Postcards • High End Brochures • Professional Photography • Year End Summaries & Quarterly Reports
has a staffed office in the middle of
that gives us a strategic advantage over the competition.
can show your property in minutes rather than days.
Skybox Realty
South Beach
We

DIGITAL MARKETING

With Silicon Valley in our backyard, there is no doubt that Skybox is all about innovation and technology. Having an online presence extends the reach of your home locally, regionally and internationally allowing your home to be introduced to the perfect buyers wherever they may come from.

Your home will be presented to a wide online audience in the following ways:

• 25+ Web Partners (Zillow, Trulia, Hotpads, etc)

• www.skyboxrealty.com, www.paulhwang.com and custom property websites

• Drone Footage, Home Videos, and Virtual Tours as Needed

• Robust Social Media Campaigns

• Email Marketing Blasts

• TAN Top Agent Network

Custom Online Publications (Skybox Quarterly & Annual Reports)

PERFORM

Having the #1 Ranked Agents in South Beach and Mission Bay has its advantages. We receive daily inquiries from agents and prospective buyers on current and future listings. We have leveraged this and our large network to sell a high percentage of listings for record prices before they are listed on MLS.

13 © Skybox Realty Inc, 2023 Skybox Marketing

uses a combination of

and digital

techniques to showcase your home to the largest pool of potential, qualified buyers. Each property’s marketing plan is determined on a case by case basis.

Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Skybox Marketing
Print Property Flyers Postcards Digital Custom Website Property Specific
Skybox
print
marketing
15 © Skybox Realty Inc, 2023 Skybox Marketing Print Reports Digital Virtual Tours

Staging Matters

It’s a simple, proven fact that vacant and staged homes sell faster and at higher prices than unstaged or occupied homes. Although the cost can be expensive, staging is effective and increases sale price.

Paul Hwang | 415.216.8746 | dre 01371169 |
| www.paulhwang.com Staging Matters
paul@skyboxrealty.com
/ SOLD Over List Multiple Offers
Before 300 3rd 812 Museum Parc After 300 3rd 812 Museum Parc Result
17 © Skybox Realty Inc, 2023 Staging Matters
Result / SOLD Over List Multiple Offers
Before 300 3rd 812 Museum Parc After 300 3rd 812 Museum Parc

Even homes that are physically in great shape or essentially new, like this Lumina unit below, are enhanced by thoughtful staging, making the spaces feel larger and more polished.

Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Staging Matters
Lumina
/ Record Lumina Sale
Before 338 Main 33E Lumina After 338 Main 33E
Result
19 © Skybox Realty Inc, 2023 Staging Matters Before 338 Main 33E Lumina After 338 Main 33E Lumina Result / Record Lumina Sale
Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Staging Matters
The
/ Infinity
Record
Even penthouse units benefit from staging, making spaces feel larger and more livable, all while enhancing views and the high end aspects of the home. Before 338 Spear 42A The Infinity After 338 Spear 42A
Infinity Result
2BR
21 © Skybox Realty Inc, 2023 Staging Matters Before 338 Spear 42A The Infinity After 338 Spear 42A The Infinity Result / Infinity 2BR Record
Home Selling Guide Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com
Home Selling Guide 23

Off Market Solds

Who you work with matters. People call us on a daily basis to find out what upcoming listings we have. Often, this results in an off market sale saving you time and money. Here are some examples of recent off market sales.

338 Spear 40D

338 Spear 36C

Paul Hwang | 415.216.8746 | dre 01371169 |
|
Off Market Solds
paul@skyboxrealty.com
www.paulhwang.com
The Infinity 2BR + Den / 2BA $2,400,000
The Infinity 3BR / 3BA $5,250,000 $3,031/SF Record Sale

301 Main 27G

The Infinity 1BR / 1BA $1,135,000

338 Spear 16B

The Infinity 2BR + Den / 2BA $2,288,000 Represented Seller & Buyer

25 ©
Off Market Solds
Skybox Realty Inc, 2023
Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Life Of An Escrow Life Of An Escrow Once an offer is accepted and ratified, the escrow process begins. Working closely with your agent and lender will ensure a smooth and successful transaction. Broker / Client Opens Escrow Order Preliminary Title Report Receive & Review Preliminary Report Forward Bills to Escrow at Direction of Client Order Statements of Identity on Buyers & Sellers and Clear General Index Matters Order Demands at Client’s Request Receive Demands and Review then Notify Client Order Beneficiary Statement Receive Beneficiary Statement, Review Terms of Transfer, Notify Client Receive Loan Documents from Lender Prepare Buyer’s Seller’s Instructions and Pertinent Documents Call Brokers Clients for Terms Execute and Buyer’s & Instructions Documents Funds
27 © Skybox Realty Inc, 2023 Life Of An Escrow Buyer’s & Instructions Pertinent Documents Brokers or Clients Terms and Return & Seller’s Instructions and Documents with Funds Review to Determine All Conditions Have Been Met, Everything Properly Executed, and Good Funds Received Request Loan Funds from Lender Do Policy Write-Up Forward Documents to Recording Desk “On Hold” Receive Loan Funds Order Recording Audit Escrow Prepare Closing Statements, Disburse Funds, Closing File
Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Closing Costs Closing Costs Closing costs are the various fees paid through escrow charged by the lender, the title company, real estate agents, and other providers.
pays
can
negotiable
buyer
seller.
THE BUYER TYPICALLY PAYS • Title Insurance Premium for Lender & Buyer • Escrow Fee • Notary Fee • Contractor’s & Pest Inspection Fee / Any Other Inspection Fee • All New Loan Charges (points, appraisal, document processing) • Interest on New Loan from date of funding to 30 days prior to the first payment date • Home Warranty • Homeowner’s Insurance for first year • Property Tax Proration • Earthquake Insurance • Private Mortgage Insurance if required by lender • Property Tax Impound Account, if required by lender • Move-in Fee (for condos) • HOA account transfer fee • Condo/HOA Pro-Rata • Misc Charges
Which party
what
be
between the
and
Each county is different. For San Francisco:
29 © Skybox Realty Inc, 2023 Closing Costs THE SELLER TYPICALLY PAYS • Real Estate Commission • Document Preparation for Deed • Documentary Transfer Tax • Payoff of All Loans against property • Interest Accrued on loans being paid off, reconveyance fees, and repayment penalties • Any Judgment or Tax Liens against Seller • Property Tax Proration • Unpaid Homeowner’s Dues (for condos) • Bonds or Assessments • Delinquent Taxes • Move-out Fees (for condos) • Notary Fees and Recording Fees • Third Party Natural Hazard Disclosure Statement and California Tax Disclosure Report • Pre-sale Inspection Fees • Underground Storage Tank Report • Energy/Water Conservation Inspection/Repairs • Misc Charges

Outperforming The Competition

Skybox Realty consistently outperforms the competition selling on average at higher prices and at higher sold price per square foots. As your neighborhood real estate company, we know the pulse of our hyper local market.

Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Outperforming The Competition
$1100000 $1300000 $1500000 $1700000 2018 2019 South Beach Average Sales Price 2020 2021 Skybox Realty Other Brokers 2022
31 © Skybox Realty Inc, 2023 Outperforming The Competition $900 $1100 $1300 $1500 2018 2019 South Beach Average Price Per Square Foot 2020 2021 2022
Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com | www.paulhwang.com Who You Work With Matters
You Work With Matters
the heart of it, performance is what
a couple examples
difference
our clients. Listed by Skybox Realty Listed by Competing Broker 301 Main 20B / The Infinity Result / $350K Gain in 6 Months
Who
At
counts. Here are
of how Skybox Realty made the
for
33 © Skybox Realty Inc, 2023 Who You Work With Matters Listed by Skybox Realty Listed by Competing Broker 301 Main 33A / The Infinity Result / SOLD at a Record Price after being withdrawn by another prominent Broker
Home Selling Guide Paul Hwang | 415.216.8746 | dre 01371169 | paul@skyboxrealty.com
Home Selling Guide 35

Paul Hwang

Paul is the #1 Ranked Agent in the South Beach area for 14 years running. Agents and potential buyers call Paul daily with new inventory, giving him a unique advantage in a competitive market.

TESTIMONIALS

“I have sold many homes in my life and Paul Hwang is the best I’ve ever dealt with . His advice and responsiveness are unsurpassed. He went above and beyond in every way and his staff did the same creating great marketing brochures to help with my sale - even the sale of my furnishings. I would recommend Paul and his team without reservation.”Becky

“ Paul doesn’t just know the market for high end condos in SF, he is the market. ” - Isaac

“Paul is indisputably the most experienced broker (sell or buy-side) at The Infinity in San Francisco. And a very good, ballsy price-setter and negotiator. At the end of the day, a broker/salesperson is easy to ratedo they get the deal done on good terms - and so it’s easy to give Paul top marks everywhere. ”

- Steve

“ Paul is hands-down the best broker in SoMA / South Beach. ” - Peter

Paul Hwang | 415.216.8746 | dre 01371169 |
| www.paulhwang.com Paul Hwang
paul@skyboxrealty.com
37 © Skybox Realty Inc, 2023 Over 166 Units Sold THE INFINITY Over 31 Units Sold LUMINA Over 111 Units Sold METROPOLITAN / ONE RINCON Over 97 Units Sold MISC OTHER SF HIGHRISES
Paul Hwang / Ranked #1 in South Beach 415.216.8746 | BRE 01371169 paul@skyboxrealty.com www.paulhwang.com | 流利國語
Paul Hwang

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