

WESTCOTT PROPERTIES
FLORIDA RHODE ISLAND MASSACHUSETTS CONNECTICUT
“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.“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.”
Commercial REO Asset Manager
Bayveiw Financial
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.”
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.
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.
JOY E. RILEY GRI, CRS, PHHS PRINCIPAL BROKER & PRESIDENTPatt Pagliarini
Associate Broker Executive Administrative Director Director of Closing Coordinator
Michael Riley Sr.
Director of Property Management, Construction and Field Services
Sales Associate - RI and MA Director of Relocation & Director of Property Management Agent Team Lead
Marketing Assistant
Bilingual Interpreter
Closing Assistant
Looking for a Realtor who is knowledgeable with the East Bay area, whether it's school systems, and the community in general? Laura is the the right agent for you! As a resident of Barrington, RI for 15+ years and a wife and mother of two children , she has been an active member of the communityfrom serving as the Vice president of the local co-op preschool to being a member of the PTO to coaching the local basketball team.
Laura grew up in Massachusetts and attended college in NH where she studied Business Management. Before becoming a mother Laura worked in the mortgage industry with duties ranging from originating loans to processing and underwriting. Her knowledge of the mortgage related aspects of the home buying and selling process creates a competitive edge.
Laura's 15+ years of sales experience have built a foundation of always putting the customers needs first. She is energetic, loyal, reliable and eager to help you with all your real estate needs.
Westcott Properties elevates the property buying and selling experience for their clients with their innovative strategies.
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.
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.
Listings with professional photographs sell faster
32%
Sources: The Wall Street Journal, PR Newswire
95%
of home buyers search for homes online
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.
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.
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.
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.
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.
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.
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
This is a buyer’s first impression of your home! Consider hiring a professional landscaper if your budget allows.
A daily housekeeping routine will ensure your home is kept in tip top shape and you are ready for showings.
The house should look spotless! Consider a professional cleaner if your budget allows.
Property Address:
ESTIMATED SELLER’S NET SHEET
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
Install Smoke and Carbon Monoxide detectors; contact local fire department to set up an inspection.
Make arrangements with movers: (schedule an appointment for the closing date)
If seller is a a non-resident of RI, you will need to file form with the RI Division of Taxation
Change of Address notification for :
Drivers license
Credit Cards
Place of employment
Banks and brokerage Insurance
Magazine and newspapers
Post Office
Utilities
Gas and electric
Water: Obtain meter reading for water/ sewer cost
Oil: contact the oil company to read the tank and provide a certificate for closing.
Alarm: cancel on closing date or as agreed by buyer
Cable: cancel on closing
Needed at Closing
Receipt from oil company stating amount of oil and current price
Photo Identification
Copies of keys, remote garage openers, door openers
Certified checks if needed
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
Proration for fire district bill
Real Estate Commission
Fee for obtaining the smoke certificate and carbon monoxide certificate