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North Pointe Sales Meeting
2022 NAR Profile
of Home Buyers
and Sellers
1
March 7, 2023
Homesale Complete Services
2
Dan Ranck
(717) 271-2400
NMLS # 140989
James Ream
(717) 286-9703
NMLS # 1598468
4.96 / 5
2022 Average
Survey Score
Homesale Complete Services
3
• Local appraisers
• Quick Close in 21 days
• Direct access to
Management
Points of Difference:
Homesale Complete Services
4
• Private road agreements
will no longer be required
• Recorded easement is
required on VA loans
PA Act 75 - Updates
Homesale Complete Services
5
Sarah Tompos
(717) 587-7666
stompos@homesale.com
Alexis Mull
(717) 799-2565
amull@homesale.com
Homesale Complete Services
6
Tenancy in Common
• Two or more owners holds an undivided
fractional interest
• NO right of survivorship
Joint Tenancy w/ Right of Survivorship
• Each owner may dispose or sell their interest
• If one owner dies, the survivor(s) become the owner(s)
• Must state “with Right of Survivorship” in the deed
Tenancy by the Entirety
• Special tenancy between husband and wife
• Upon death of either party, the other takes the property
Homesale Complete Services
7
James White
(717) 575-4014
JamesWhite@homesale.com
Homesale Complete Services
8
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11
12
13
14
15
16
17
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2022 North Pointe Award Winners
22
2022 North Pointe Award Winners
23
2022 North Pointe Award Winners
24
2022 North Pointe Award Winners
25
2022 North Pointe Award Winners
26
2022 North Pointe Award Winners
27
2022 North Pointe Award Winners
28
Featured Inman Interview
Access full interview on Inman through
your Bright MLS subscription
29
Sunshine Kids Fundraiser
• $100 per ticket
• Drawing March 21st
• Generously donated
by Dick Pace of BHHS
Homesale Realty
30
Homesale Town Hall Meeting
Tune in to hear valuable
information
and company updates
RSVP link will be provided
in follow-up email
31
Premiere Listing Marketing Package - UPDATE
• Went LIVE on February 15th
• NEW listing ads now run for
14 days through
• 2-day Open House ads will
appear across social media
sites AND premium
websites/popular apps
32
Monthly Personalized Marketing Subscriptions
Subscription #1: $10/month
(First month billed at $25 to include initial one-time set-up fee)
• 4 Pop-by Tags
• Monthly Item of Value
Subscription #2: $10/month
(First month billed at $25 to include initial one-time set-up fee)
• Monthly branded postcard
• Choose 1 of 3 categories (Recipes, Home
Maintenance or Generic Prospecting)
• Agent to supply radius point or sphere of
influence list for mailing
Sign-up link will be provided in follow-up email
33
Note: Subscription fee does not
include printing & postage
Personalized Presentations
Locate presentations on the Google
Homesale Agents drive
• Open the presentation in Google
Slides
• Navigate to File > Make a copy
• Save the presentation on your
own drive to edit & customize as
much as you wish
34
Upcoming Virtual Training Sessions
Using Social Media
Thursday, March 9th from 2:30-3:30 PM
Learn how to use social media to stay
updated on your SOI, brand your business
and establish yourself as a productive real
estate professional
Sign-up link will be provided in follow-up email
35
Upcoming Virtual Training Sessions
Using CLOZE to Manage Your
Transactions
Thursday, March 16th from 10:00-11:00 AM
Use Cloze to track your pipeline from lead to
close, centralize your activity around a
transaction, pull in properties from Bright
MLS and match potential buyers to your
listings.
Sign-up link will be provided in follow-up email
36
Upcoming Virtual Training Sessions
Advanced Bright MLS
Thursday, March 16th from 2:30-3:30 PM
Learn higher level Bright functionality and
create your own displays, form preferences
and saved searches to make conducting your
business more efficient.
Sign-up link will be provided in follow-up email
37
Upcoming Virtual Training Sessions
Conducting Annual Real Estate
Reviews
Thursday, March 23rd from 2:30-3:30 PM
Providing Annual Real Estate Reviews for
your SOI is a great way to position yourself
as their go-to, Trusted Real Estate Advisor.
This session teaches you how to prepare,
schedule and conduct the review so you can
start creating and scheduling them.
Sign-up link will be provided in follow-up email
38
Upcoming Virtual Training Sessions
Advanced Dotloop Tips & Tricks
Thursday, March 30th from 2:30-3:30 PM
Learn how to create your own custom
templates for documents and clauses,
overlay templates to easily get pdfs
initialed/signed, utilize task lists and clauses,
and more.
Sign-up link will be provided in follow-up email
39
Real Estate Scam Alert
40
Foreclosure Headlines . . . Designed to Draw Clicks
41
“U.S. Foreclosure Activity In January 2023
Continues To Increase Annually For 21
Consecutive Months”
“Foreclosure activity
increases in the United
States”
“Foreclosures were up 11% in February—and
double-digit increases are expected for the next 6
months”
42
1 Million Fewer Foreclosures Over the Last 3 Years
U.S. Properties with Foreclosure Filings
43
The BIG Picture Tells a Different Story
U.S. Properties with Foreclosure Filings
The foreclosure rate would
need to increase
9X
to reach the Great
Recession levels
44
1. What was the median age of all
homebuyers in 2022?
A. 33
B. 39
C. 45
D. 53
45
46
47
OBSERVATIONS:
• Median age of all buyers jumped almost 18% in one year
• People are waiting longer to put their home on the market
and move
• More important NOW than ever before to nurture and stay
in touch with SOI and past clients
2. Which location was preferred
by home buyers in 2022?
A. Small town
B. Suburb/Subdivision
C. Rural area
D. Urban area/Central city
48
49
50
OBSERVATIONS:
• Small towns and rural locations are increasing in popularity
• Is this the long-term effect of COVID?
3. What was the median amount of miles
between a home buyer’s old home and
their new one if they purchased in 2022?
A. 10
B. 15
C. 23
D. 50
51
52
53
OBSERVATIONS:
• This attribute has changed overnight!
• Many people can now work from wherever
• Are you letting your SOI and past clients know that you can
help them with an out-of-town move
4. What was the total number
of weeks searching for a
home by buyers prior to
contacting an agent?
A. 1
B. 3
C. 5
D. 7
54
55
56
OBSERVATIONS:
• Buyers stick their toe in the water prior to contacting you for
help and assistance
• What are you doing to stay top of mind as the go-to expert?
5. What percentage of
buyers found their
home from a sign in
the yard?
A. 4%
B. 8%
C. 12%
D. 16%
57
FOR SALE
58
59
OBSERVATIONS:
• Since 2009, the importance of signs has diminished by 66%
• Word of mouth is now 2½ times more likely to secure a buyer for
your listing
• Buyers aren’t spending as much time as they used to driving around
looking at homes
• What do your listings look like online? Are you doing everything
possible to make your listing stand-out online? Professional
photography? Floorplans? Virtual Walkthroughs?
6. What is the top benefit of using a real estate agent
as cited by first-time homebuyers?
A. Negotiated better contract terms
B. Pointed out unnoticed features and faults of property
C. Helped buyer understand the process
D. Improved buyers knowledge of search areas
60
61
62
OBSERVATIONS:
• Don’t take for granted that everyone knows as much as you about
real estate
• Are you spending the time to really educate your clients about the
process, costs, etc.?
7. What percentage of buyers
would definitely or probably
use their real estate agent
again?
A. 89%
B. 81%
C. 75%
D. 68%
63
64
89%
65
OBSERVATIONS:
• Surveys have shown that only 27% actually do use their
agent again
• Why do you think that is the case?
• Will you be able to sell your book of business when the
time comes to step away from real estate?
8. What is the median
tenure of sellers in
their homes?
A. 7 years
B. 10 years
C. 12 years
D. 15 years
66
67
68
OBSERVATIONS:
• The real estate business has changed from a
transactional business to a relational business in
the past 30 years
• Have you changed?
9. What percentage of sellers found their
real estate agent by referral or previous
use of agent?
A. 55%
B. 59%
C. 63%
D. 66%
69
70
71
OBSERVATIONS:
• What are you spending your marketing
and advertising dollars on?
• Referral fees from third party companies
and portals aren’t going DOWN
10. What percentage of sellers contacted
two or more agents to discuss selling
their home before listing it?
A. 40%
B. 32%
C. 24%
D. 20%
72
73
74
"
OBSERVATIONS:
• “I’ve seen the enemy and it is us.”
• How well are you prepared for your
appointments? Do you know all the tools
available to you to assist buyers and sellers?
75
According to Google Maps, how many miles is it
from the North Pointe Office to Las Vegas?
2,406 miles
TIEBREAKER
76
Presenter Contact Info
Tom Blefko
Director of Operations
North Pointe Office
Associate Broker, REALTOR®
Berkshire Hathaway HomeServices
Homesale Realty
Office: (717) 560-9100
Cell: (717) 587-6600
Email: tblefko@homesale.com
• 2022 Distinguished Service Award
• 2021 REALTOR® of the Year
• 2021 President
• 2009 Volunteer of the Year

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2022 NAR Profile of Home Buyers and Sellers

  • 1. North Pointe Sales Meeting 2022 NAR Profile of Home Buyers and Sellers 1 March 7, 2023
  • 2. Homesale Complete Services 2 Dan Ranck (717) 271-2400 NMLS # 140989 James Ream (717) 286-9703 NMLS # 1598468 4.96 / 5 2022 Average Survey Score
  • 3. Homesale Complete Services 3 • Local appraisers • Quick Close in 21 days • Direct access to Management Points of Difference:
  • 4. Homesale Complete Services 4 • Private road agreements will no longer be required • Recorded easement is required on VA loans PA Act 75 - Updates
  • 5. Homesale Complete Services 5 Sarah Tompos (717) 587-7666 stompos@homesale.com Alexis Mull (717) 799-2565 amull@homesale.com
  • 6. Homesale Complete Services 6 Tenancy in Common • Two or more owners holds an undivided fractional interest • NO right of survivorship Joint Tenancy w/ Right of Survivorship • Each owner may dispose or sell their interest • If one owner dies, the survivor(s) become the owner(s) • Must state “with Right of Survivorship” in the deed Tenancy by the Entirety • Special tenancy between husband and wife • Upon death of either party, the other takes the property
  • 7. Homesale Complete Services 7 James White (717) 575-4014 JamesWhite@homesale.com
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  • 22. 2022 North Pointe Award Winners 22
  • 23. 2022 North Pointe Award Winners 23
  • 24. 2022 North Pointe Award Winners 24
  • 25. 2022 North Pointe Award Winners 25
  • 26. 2022 North Pointe Award Winners 26
  • 27. 2022 North Pointe Award Winners 27
  • 28. 2022 North Pointe Award Winners 28
  • 29. Featured Inman Interview Access full interview on Inman through your Bright MLS subscription 29
  • 30. Sunshine Kids Fundraiser • $100 per ticket • Drawing March 21st • Generously donated by Dick Pace of BHHS Homesale Realty 30
  • 31. Homesale Town Hall Meeting Tune in to hear valuable information and company updates RSVP link will be provided in follow-up email 31
  • 32. Premiere Listing Marketing Package - UPDATE • Went LIVE on February 15th • NEW listing ads now run for 14 days through • 2-day Open House ads will appear across social media sites AND premium websites/popular apps 32
  • 33. Monthly Personalized Marketing Subscriptions Subscription #1: $10/month (First month billed at $25 to include initial one-time set-up fee) • 4 Pop-by Tags • Monthly Item of Value Subscription #2: $10/month (First month billed at $25 to include initial one-time set-up fee) • Monthly branded postcard • Choose 1 of 3 categories (Recipes, Home Maintenance or Generic Prospecting) • Agent to supply radius point or sphere of influence list for mailing Sign-up link will be provided in follow-up email 33 Note: Subscription fee does not include printing & postage
  • 34. Personalized Presentations Locate presentations on the Google Homesale Agents drive • Open the presentation in Google Slides • Navigate to File > Make a copy • Save the presentation on your own drive to edit & customize as much as you wish 34
  • 35. Upcoming Virtual Training Sessions Using Social Media Thursday, March 9th from 2:30-3:30 PM Learn how to use social media to stay updated on your SOI, brand your business and establish yourself as a productive real estate professional Sign-up link will be provided in follow-up email 35
  • 36. Upcoming Virtual Training Sessions Using CLOZE to Manage Your Transactions Thursday, March 16th from 10:00-11:00 AM Use Cloze to track your pipeline from lead to close, centralize your activity around a transaction, pull in properties from Bright MLS and match potential buyers to your listings. Sign-up link will be provided in follow-up email 36
  • 37. Upcoming Virtual Training Sessions Advanced Bright MLS Thursday, March 16th from 2:30-3:30 PM Learn higher level Bright functionality and create your own displays, form preferences and saved searches to make conducting your business more efficient. Sign-up link will be provided in follow-up email 37
  • 38. Upcoming Virtual Training Sessions Conducting Annual Real Estate Reviews Thursday, March 23rd from 2:30-3:30 PM Providing Annual Real Estate Reviews for your SOI is a great way to position yourself as their go-to, Trusted Real Estate Advisor. This session teaches you how to prepare, schedule and conduct the review so you can start creating and scheduling them. Sign-up link will be provided in follow-up email 38
  • 39. Upcoming Virtual Training Sessions Advanced Dotloop Tips & Tricks Thursday, March 30th from 2:30-3:30 PM Learn how to create your own custom templates for documents and clauses, overlay templates to easily get pdfs initialed/signed, utilize task lists and clauses, and more. Sign-up link will be provided in follow-up email 39
  • 40. Real Estate Scam Alert 40
  • 41. Foreclosure Headlines . . . Designed to Draw Clicks 41 “U.S. Foreclosure Activity In January 2023 Continues To Increase Annually For 21 Consecutive Months” “Foreclosure activity increases in the United States” “Foreclosures were up 11% in February—and double-digit increases are expected for the next 6 months”
  • 42. 42 1 Million Fewer Foreclosures Over the Last 3 Years U.S. Properties with Foreclosure Filings
  • 43. 43 The BIG Picture Tells a Different Story U.S. Properties with Foreclosure Filings The foreclosure rate would need to increase 9X to reach the Great Recession levels
  • 44. 44
  • 45. 1. What was the median age of all homebuyers in 2022? A. 33 B. 39 C. 45 D. 53 45
  • 46. 46
  • 47. 47 OBSERVATIONS: • Median age of all buyers jumped almost 18% in one year • People are waiting longer to put their home on the market and move • More important NOW than ever before to nurture and stay in touch with SOI and past clients
  • 48. 2. Which location was preferred by home buyers in 2022? A. Small town B. Suburb/Subdivision C. Rural area D. Urban area/Central city 48
  • 49. 49
  • 50. 50 OBSERVATIONS: • Small towns and rural locations are increasing in popularity • Is this the long-term effect of COVID?
  • 51. 3. What was the median amount of miles between a home buyer’s old home and their new one if they purchased in 2022? A. 10 B. 15 C. 23 D. 50 51
  • 52. 52
  • 53. 53 OBSERVATIONS: • This attribute has changed overnight! • Many people can now work from wherever • Are you letting your SOI and past clients know that you can help them with an out-of-town move
  • 54. 4. What was the total number of weeks searching for a home by buyers prior to contacting an agent? A. 1 B. 3 C. 5 D. 7 54
  • 55. 55
  • 56. 56 OBSERVATIONS: • Buyers stick their toe in the water prior to contacting you for help and assistance • What are you doing to stay top of mind as the go-to expert?
  • 57. 5. What percentage of buyers found their home from a sign in the yard? A. 4% B. 8% C. 12% D. 16% 57 FOR SALE
  • 58. 58
  • 59. 59 OBSERVATIONS: • Since 2009, the importance of signs has diminished by 66% • Word of mouth is now 2½ times more likely to secure a buyer for your listing • Buyers aren’t spending as much time as they used to driving around looking at homes • What do your listings look like online? Are you doing everything possible to make your listing stand-out online? Professional photography? Floorplans? Virtual Walkthroughs?
  • 60. 6. What is the top benefit of using a real estate agent as cited by first-time homebuyers? A. Negotiated better contract terms B. Pointed out unnoticed features and faults of property C. Helped buyer understand the process D. Improved buyers knowledge of search areas 60
  • 61. 61
  • 62. 62 OBSERVATIONS: • Don’t take for granted that everyone knows as much as you about real estate • Are you spending the time to really educate your clients about the process, costs, etc.?
  • 63. 7. What percentage of buyers would definitely or probably use their real estate agent again? A. 89% B. 81% C. 75% D. 68% 63
  • 65. 65 OBSERVATIONS: • Surveys have shown that only 27% actually do use their agent again • Why do you think that is the case? • Will you be able to sell your book of business when the time comes to step away from real estate?
  • 66. 8. What is the median tenure of sellers in their homes? A. 7 years B. 10 years C. 12 years D. 15 years 66
  • 67. 67
  • 68. 68 OBSERVATIONS: • The real estate business has changed from a transactional business to a relational business in the past 30 years • Have you changed?
  • 69. 9. What percentage of sellers found their real estate agent by referral or previous use of agent? A. 55% B. 59% C. 63% D. 66% 69
  • 70. 70
  • 71. 71 OBSERVATIONS: • What are you spending your marketing and advertising dollars on? • Referral fees from third party companies and portals aren’t going DOWN
  • 72. 10. What percentage of sellers contacted two or more agents to discuss selling their home before listing it? A. 40% B. 32% C. 24% D. 20% 72
  • 73. 73
  • 74. 74 " OBSERVATIONS: • “I’ve seen the enemy and it is us.” • How well are you prepared for your appointments? Do you know all the tools available to you to assist buyers and sellers?
  • 75. 75 According to Google Maps, how many miles is it from the North Pointe Office to Las Vegas? 2,406 miles TIEBREAKER
  • 76. 76 Presenter Contact Info Tom Blefko Director of Operations North Pointe Office Associate Broker, REALTOR® Berkshire Hathaway HomeServices Homesale Realty Office: (717) 560-9100 Cell: (717) 587-6600 Email: tblefko@homesale.com • 2022 Distinguished Service Award • 2021 REALTOR® of the Year • 2021 President • 2009 Volunteer of the Year