David Friedrich Flip Book 2023

WESTCOTT PROPERTIES

RHODE ISLAND

MASSACHUSETTS

CONNECTICUT

FLORIDA

AWARDS Consistently Recognized As Industry Leaders

Corporate Clien “I just want to thank you, Mike, and the rest of your team for superior service. It is brokerages such as yours that are the ones of Carrington’s greatest assets. I wish all of our brokers were as passionate, knowledgeable, and as dedicated as yourself.

The time that you spent providing tours of the properties is greatly appreciated, as I know that you are extremely busy. I also appreciate your cooperation as we move forward into this rental project, and continue to look to you for direction, knowledge, and advice concerning your local market, and the market in general.”

Thomas Scheffler Carrington Property Services, LLC

“Thank you for taking the time to show us around the Providence area. It proves very beneficial to us to see and understand market areas. In addition, your general overview of the market provides us with a good basis of understanding relative to the key drivers in your marketplace. I read Sunday’s Providence Journal and see that the foreclosure problem is front and center in the Money & Business section. I think I recognize the houses pictured in that article. Thanks again. It was a pleasure and greatly appreciated.”

Chad A. Neel LPS Field Services, Inc. LPS Asset Management Solutions, Inc.

nt Testimonials “Out of all the brokerages and agents I have worked with thus far, none have been as professionally run and competent as Westcott Properties. As soon as a property has been assigned to Westcott, an occupancy status is communicated to me within 24 hrs. If the property is occupied, Westcott determines whether the tenants want to continue paying, accept cash-for-keys, or need to be evicted within a day or two. Detailed interior and exterior pictures are taken and submitted within the first few days, and any trash out or repairs needed are communicated to me along with pictures. Repair bids are submitted within two days of a request. Monthly reports are submitted like clockwork without a need to constantly remind them. BOPs come complete every time with sales and rental comparables, the listings for the sales and rental comparables, and detailed interior and exterior photos. Offers are submitted to me in the proper format providing efficiency in negotiations. Counters are communicated promptly. Issues regarding tenants, damage, city code violations, etc. are brought to my attention immediately…I would have no hesitation advocating that Westcott Properties be used as the model upon which all other brokerages should follow regarding the proper listing and management of REO properties.”

Bryan Dempsey Commercial REO Asset Manager Bayveiw Financial

About Westcott Properties

Founded in 1987, Westcott Properties is a contemporary real estate consulting, sales and marketing firm led by its founder Joy Riley. The company sets themselves apart with their unique approach to residential and commercial real estate inlcuding:

• Leveraging the latest technology offering a complete digital experience including an extensive mobile friendly website, social media presence and a mobile connection with agents.

• Continuously rethinking the traditional real estate model to better serve clients and close sales.

• Providing the highest degree of specialized attention and customized marketing.

“We believe it is more than just a transaction. It is your financial future.”

CCIM Certified Woman Owned Business WBENC REOMAC

Joy Riley, Founder and Principal Broker of Westcott Properties is a real estate executive with over 30 years of sales, consulting and marketing experience. Joy has become an industry leader with closed sales volume approaching 1 billion throughout her career, a record that has been recognized annually with the Platinum Circle of Excellence Awards for 20 Million & Above.

JOY E. RILEY GRI, CRS, PHHS PRINCIPAL BROKER & PRESIDENT

Since 2003, the Greater Providence Board of Realtors has presented Joy Riley with the Platinum Plus Award for 20 Million plus in sales per year.

Meet The Team Patt Pagliarini Associate Broker Executive Administrative Director Director of Closing Coordinator

Michael Riley Sr. Director of Property Management, Construction and Field Services

Melissa Riley Sales Associate - RI and MA Director of Relocation & Director of Property Management Agent Team Lead

Pam Santiago Marketing Assistant Bilingual Interpreter Closing Assistant

INNOVATIVE MARKETING STRATEGIES

Westcott Properties elevates the property buying and selling experience for their clients with their innovative strategies.

In-House Marketin

OPEN HOUSE

WELCOME TO SHELTER HARBOR 89 Donizetti Road, Westerly

Views of Block Island Sound

3 beds, 3 bathrooms

Patio & private dock

Updated kitchen

Shelter Harbor amenities

WMORGAN e s t c HOLLENBECK o t t P r o| p401.212.6313 erties

ng

Our in - house marketing team fuels our agents’ efforts by providing a comprehensive resource for powerful property exposure. Our team develops a completely customized and strategic plan for the sale and marketing of their clients’ greatest financial asset.

Digital Advertising

The majority of property searches begin online, so when it comes to digital real estate marketing, we are committed to expose your property to the greatest number of buyers each month. Our ongoing efforts include social media and search engine marketing – not only within the United States, but also on key international portals.

Our strategic partnerships with these powerful online affiliates allow us to expose properties to a broader audience – and, in turn, sell it in the shortest amount of time, for the highest value.

Maximum Exposure

Independent Multiple Listing Services (MLS)

Professional

Photography

Drone Ph

hotography

Listings with professional photographs sell

32%

faster

Complete W

Web Presence

of home buyers search for homes online - Properties Online

Professional Video 70% Of homebuyers use video to “tour” the inside of a property.

YouTube, the world’s second-largest search engine, remains the top video research website for real estate searches.

Westcott Properties utilizes YouTube and Vimeo to showcase neighborhoods and properties with high – definition video.

3-D Immersive Exp

Westcott Properties utilizes revolutionary technology that creates 3D visualizations of the interiors of home. This technology allows buyers to move naturally through the interior and then zoom out for a dollhouse view as well as a floor plan view.

perience

Mattertag Technology Westcott Properties uses Mattertag technology to provide viewers with detailed information about features included in every property.

The first type of Mattertag Content is simple, sleek, and powerful. Like everything Matterport, it’s quick, easy, and built to take you deeper into Space.

Email Marketing & Blog Westcott Properties schedules a consistent email campaign to the top 25 brokers in any market area to introduce them to the property and provide links to our toolbox of “media” used in our marketing efforts.

Westcott Properties takes the time to write an individual marketing description for each of its properties and shares it for anyone interested on their blog.

Buyer/Seller Database Lead Management System Leads that are generated through website and campaigns are automatically managed through our Lead routing system that notifies our staff and agents instantly. The system is flexible for agents to maximize efficiency and respond to leads quickly without sacrificing quality of service.

Social Media We engage our friends and clients throughout Facebook, Twitter, Pinterest and YouTube sites to ensure that our initiatives, services, and properties gain exposure. We also use social media to strengthen our connections locally by sharing news and interests happening within our community.

Pre-Market Checkli Declutter and organize Your house and rooms look larger with less items in them - a house that is overflowing gives the impression there is not enough storage space.

Repair and maintain Make updates and repairs to improve appeal and value.

Addressing small issues prevents buyers from feeling like they have a to-do list as soon as they move in.

Consider staging This can be a great way to breathe new life into homes which may be in need of upgrades and improvements

ist Focus on curb appeal This is a buyer’s first impression of your home! Consider hiring a professional landscaper if your budget allows.

Daily housekeeping A daily housekeeping routine will ensure your home is kept in tip top shape and you are ready for showings.

Clean, clean, clean!

The house should look spotless!

Consider a professional cleaner if your budget allows.

Commission Packag

Financial Checklist

ges

Seller’s Net Sheet

Financial Checklist ESTIMATED SELLER’S NET SHEET Property Address: Property Sale or Projected Sale Price: Brokers Commission: First Mortgage Amount: Second Mortgage Amount/ equity: Loan payoff/ line of credit:

Cost of Resale Certificate (if applicable): Mortgage Discharge ($49.00): Fed Ex Charges: Deed Preparation (consult attorney): Transfer Tax ($4.60 per thousand): Proration of Real Estate Taxes: Sewer / Assessment (where applicable): Final Water/ Sewer (where applicable): Smoke & Carbon Monoxide certificate ($30-$100.00): TOTAL ESTIMATED NET FROM SALE

Seller’s Closing Ch 3-4 Weeks Before Closing department to set up an inspection.

Make arrangements with movers: (schedule an appointment for the closing date) Division of Taxation 1-2 Weeks Before Closing Drivers license Credit Cards Place of employment Banks and brokerage Insurance Magazine and newspapers Utilities Gas and electric Water: Obtain meter reading for water/ sewer cost for closing.

Alarm: cancel on closing date or as agreed by buyer Cable: cancel on closing

heck List

Needed at Closing Receipt from oil company stating amount of oil and current price Copies of keys, remote garage openers, door openers Closing Expenses Recording the mortgage discharge. (if applicable) Deed Preparation (ask attorney or buyers attorney for fees) State Sales Tax $4.60 per 1000 of selling price Proration of Real Estate Taxes (seller is responsible for taxes up to the day of closing) Proration for water and sewer Real Estate Commission

WESTCOTT PROPERTIES 178 Broadway, Providence, RI 559 Broadway Providence, RI 257 Grove Street Newton, MA 401-421-5300 westcottproperties.com