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D OW NT OW N R ES OUR C E GR OUP

Downtown resource group pre-listing presentation


A note from our founder Thank you for giving us the opportunity to present our proposal to market your home. We understand that you have many choices in regards to selling your property. We have a comprehensive marketing program that consistently delivers results for our clients. Our experience and wisdom is exactly what our clients need to overcome any challenges throughout a real estate transaction. We have represented over 7,000 people buying, selling, leasing, and managing their urban Minneapolis condos or lofts. We hope that you will help that number continue to grow by selecting Downtown Resource Group to represent you in this important transaction. This presentation includes a comprehensive marketing plan that will assist us in achieving your goals. We appreciate the time you plan to spend reviewing these materials before we have the chance to meet in person. We hope to have the opportunity to help further your goals and that the information included about Downtown Resource Group serves as proof of our capabilities as real estate professionals. Thank you very much for the opportunity to earn your business.

Joe grunnet Broker/founder


Where we started

Where we are today

In 2007 the US economy took a massive hit and the real estate market crumbled. Urban home owners all began searching for a way to make up for their lost value. Joe Grunnet had the answer, and started DRG on the premise of focusing solely on the condo and loft market. He developed a team of leasing agents to work along side of him in order to offer a second option for prospective clients. As the downtown market became more popular, Joe brought on a team of agents to help keep up with the demand of the buy/sell market. Success did not come without adaptation and it wasn’t long before DRG became a full-fledged real estate agency exclusively working in the Minneapolis condo/loft market.

We’ve made a home in the North Loop and love where we live. So we’ve encouraged others to do the same. We’ve adapted to selling a lifestyle in which we can all live, work and play within close proximity to our urban homes. We’ve remained small and humble, regardless of our successes and plan to remain a boutique-style company. We’ve climbed to the top of the market and share the highest rankings with the biggest names in the real estate world.


Choose a drg agent There are thousands of real estate agents in Minnesota that you can choose from; it’s important that we get the chance to explain why we’re the best! Experience is a major factor, and we’ve got plenty of it. We’ve learned over the years that everyone has different motives, wants, and needs that are making them sell. For this reason, our biggest priority is learning more about you and why you’ve decided to make this transition. From there, it’s much easier to set you on the road to success. However, that’s not all that we have to offer our clients.


Innovative

Because we use the best technology available, we can stay up to date with the market, inventory and local news. We feature building/neighborhood knowledge online, which helps answer questions about associations/building rules and surrounding neighborhoods.

Ethical

As members of the National Association of RealtorsÂŽ, our agents must complete strict ethics training and abide by those ethical standards while practicing. Our agents provide fair, honest service that demonstrate their dedication to the real estate profession.

Focused

With a specialty in urban Minneapolis homes and some of the most comprehensive market knowledge in Minneapolis, you can trust our team to put your best interests first, guiding you through the process and ensuring you get the most value for your investment.

Professional

The DRG team is consistently professional. Our full service model means that we are here for you from beginning to end. Even after the contract is signed, we will continue to be your advocate and advisors through the entire process. You’ll have an agent and friend for life.


proof in numbers

99.5

#

1

Percentage of list price

Agency in sales volume

With the market making drastic improvements, we’ve been able to get almost full list price for most of our clients. Prices are on the rise and we know how to fight for your best interest.

On average, each agent is making over $6 million in sales per year, which is 10-12 times more than our two closest competitors. But let’s not stop there, some of our agents average over $20 million in sales! We’re now #1 in the downtown market.

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pocket listing sales

In today’s downtown real estate market, the good properties are selling fast. So fast, that we’ve been selling condos without ever posting them to MLS. Currently, up to 50% of our purchased properties have sold without ever hitting the market. *Statistics according to Northstar MLS 2013-2014.

100

small, focused, local, connected

Downtown is what we do best. We’re a small group of people selling properties in the same buildings we reside in ourselves. We’ve found our success by sticking to our roots.

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DAYS

Average time on the market

The days of waiting several months or even a year to get your property sold are gone. Expect our team of professionals to get your home sold quickly, and for top dollar.


We don’t just out-sell them we out-market them ADVERTISING on/offline

social networking

community involvement

Realtor network

It is our mission to be the most recognized brand in the downtown market; We’ve created over a dozen websites to assist consumers in finding their future home. That’s not including individual building sites, our mobile app, Trulia, Zillow, the newspaper, listing flyers, printed mailers, and other forms of marketing.

Today’s world is built around technology and so is our business. For some, social media is a way of life, so we’ve captured that market too! You can find DRG on Facebook, Twitter, Vimeo, YouTube, LinkedIn, Yelp and many more.

Real estate is the bulk of what we do at Downtown Resource Group, but it is not all that we take pride in. Giving back to our community is very important to us and we are so grateful to be able to do so. Giving back is simply the right thing to do; we all live good lives and helping each other is how a community grows together.

We’ve built professional relationships with many Realtors in the Minneapolis condo/loft market, giving us the ability to work by word of mouth. Realtors often inquire about our future listings, because the inventory we carry is appealing to their clients. There are also a good amount of agents that contact us before listing anything on their own!


Getting your condo sold fast and for top dollar In today’s competitive real estate market, finding an advantage is critical. When selling your home, we make several recommendations to make your property stand out amongst other inventory. See a sampling of tips on the following page or feel free to request the special report in full.


KNOW WHY YOU’RE SELLING

shop for homes yourself

FIND An expert Realtor

KNOW YOUR BUYER

Your goals play an important role in everything from setting a price, to deciding how much time and money to invest in preparing to sell. Prioritize what’s most important to you–Is it the money you walk away with? The length of time on the market? The answers to these questions will determine the approach we take.

The best way to get to know your competition is to identify features that are popular and learn what buyers want. Plan on spending a few weekends touring other homes on the market to learn what other sellers are asking. Make note of the floor plan, condition, appearance, lot size, location and other features.

Nearly two-thirds of the people who sold their homes independently say they wouldn’t do it themselves again, according to the National Association of Realtors®. Sellers shared difficulties in setting a price, marketing handicaps and liability concerns among primary reasons they would turn to a Realtor.

As a rule, buyers want the greatest property for the least amount. Knowing what motivates your buyer enables you to negotiate more effectively. Maybe your buyer needs to move quickly or the maximum budget is just below asking price. Knowing this information puts you in a better bargaining position.


Our PRICING GUIDELINES Perhaps the most challenging aspect of selling a home is listing it at the proper price. It’s one of several areas where the assistance of a skilled real estate agent can pay for itself. too high or too low?

If the listing price is too high, you’ll miss out on a percentage of buyers looking in the price range where your home should be. There is a flaw in thinking that you’ll always have the opportunity to accept a lower offer. Most buyers will write off your property immediately once they see that it’s overpriced. Often times they won’t even bother to take a look at it. By the time the price is corrected, you’ve already lost exposure to a large group of potential buyers.

Experience is critical

When working with a real estate agent, it’s critical that you have full confidence in that agent’s experience and education. A skilled, knowledgeable agent should be able to explain to you exactly why your home needs to be priced at a certain level – compared to recent listings and sales of homes similar to yours. A skilled agent can recommend changes that will enhance the appeal of your home, thus increasing the price – and/or decreasing the length of time before a sale. It’s vital to keep all these aspects of pricing in mind, regardless of whom you choose to list your home.


We sell the lifestyle Regardless of a buyer’s motives to move downtown, not only are they buying a new home, but a new lifestyle. As DRG agents, we sell a lifestyle that we are truly passionate about and can call our own as well. We use our extensive knowledge of Minneapolis to educate new clients about the lifestyle decision they are about to make. We take great pride in the lifestyle that Minneapolis has to offer. We’ll have no problem promoting your property from an urban lifestyle perspective that buyers seek.


walkabilty + proximity

culture + entertainment

character + aesthetic

ease + Convenience

Urban residents love the accessibility a downtown lifestyle has to offer. Buyers find public transport, biking and walking trails a huge plus; Minneapolis has some of the best of all of these! Being able to live, work and play within one neighborhood is a key selling point.

This city is home to Millennials and Baby Boomers alike. Whether you consider yourself an art buff, self-proclaimed foodie or young professional making your way up the corporate ladder, opportunity lies within the Minneapolis urban market.

Minneapolis boasts a truly dynamic collection of places, spaces and people. With so many diverse communities to choose from, you’ll have no trouble finding a condo in the city to call your own. With a wide variety of building styles ranging from historic to modern, there’s a match for every buyer.

Being within close proximity to work, friends, and entertainment frees up time from many people’s lives, allowing them to spend time the way they chose. The buyer’s market seeks the freedom and easy, carefree lifestyle that your property exudes.


our listings standards Cleaning Standards

Staging + Presentation

professional photography

There is nothing worse than walking into a home covered in dust or pet hair. Some homes even have a certain smell keeping you less than interested. A deep clean is step one to getting a home ready to sell. In a competitive sales market, why would an eager buyer waste time viewing a house that needed elbow grease? A less than spic and span home could also signal that other maintenance in the house hasn’t been kept up. Don’t forget that a house that doesn’t show well will often take longer to sell, costing you money in the long run.

With your net profit being our biggest priority, we have teamed up with professional interior designers/stagers to take your existing home and arrange in to the best of its ability. There are often the recommendations to paint a wall or two…or maybe simply purchase flowers/decor but, your best interest is always in mind. This is sometimes a difficult conversation to have, as some homeowners are attached to their personal belongings. We must remember that we are trying to appeal to a wide audience; the goal is to sell as quickly as possible for the highest dollar amount.

First impressions say everything. The vast majority of prospective buyers will first see your condo on various websites. As part of our unbeatable marketing strategies, we aim to overly impress buyers at first glance. Every single listing we market MUST have professional photographs taken of the unit. We have been working with the same photographers for years and they have proven to be quick, efficient, and trustworthy in every transaction. Best of all, we pick up the bill!


D OWNTOWN RESOURCE GROUP

Buying | selling | leasing | management

612.777.8005 |

drgmpls.com

DRG Seller's Guide