~~~~~~ A UNIQUE WAY OF LIFE ~~~~~~ RESIDENTIAL ~ WATERFRONT ~ FARMS ~ COUNTRY HOMES AND LEGACY PROPERTIES, HISTORIC, FARMING, WATERFRONT ESTATES, SPECIAL PROJECTS, COMMERCIAL, VACATION RENTALS, AUCTION OPPORTUNITIES, SPECIAL WEDDING AND MEETING SITES, TRADES, SALES ARRANGED BY PRIVATE TREATY ~ TALBOT ~ KENT ~ QUEEN ANNE'S ~ CECIL ~ CAROLINE ~ DORCHESTER ~ REAL ESTATE CONCIERGE .
Since virtually every investment class asset from stocks and bonds to rare art and collectibles, to thoroughbred race horses, is traded in an auction market, it was an easy decision for Meredith Fine Properties to offer this type of liquidity for owners by establishing a credible offering service. This is an effective way to discover the market and create an air of competition to garner the highest value that the market will bear on any property. It provides time-sensitive liquidity through an aggressive marketing program which is an advantage not only to sellers who desire to cash-out, but also to buyers who desire to cash-in to an alternative investment at fair market value.
THE SALES PROCESS
Q: WHY DO HIGH-END PROPERTY SELLERS, AGENTS AND BUYERS CHOOSE ACCELERATED SALES SOLUTIONS?
A: Most of the world’s finest assets are sold thru a bidding process – art, jewelry, classic cars, aircraft, etc. Why not real estate? The process works. It enables the seller and agent to name the timing and terms of the sale. We execute a targeted marketing, PR and sales campaign, activate qualified bidders, and generate a transaction within about 90 days – and the agents still earn their commission. For buyers, they are assured they are paying a fair price.
Q: HOW DO I KNOW IF THIS PROCESS IS RIGHT FOR ME OR MY CLIENT?
A: Accelerated Solutions are ideal for selling one-of-a-kind, incomparable properties. Every market has a threshold above which properties are more difficult to monetize, and the typical tools of price reductions and prolonged advertising and PR exposure can hurt more than help the outcome of the sale. Price often has no bearing on interest level, and price reductions are ineffective. Buyers gain access to the finest properties. They name the price via a straightforward process, with a smooth, simple transaction. Sellers know they have an accelerated sales solution. And our agent partners gain award winning marketing and on-site sales support with protected commissions.
Q: WHY CHOOSE ACCELERATED SALES INSTEAD OF SELL TRADITIONALLY?
A: We see ourselves as a tool rather than an alternative, and partner with a listing broker on the sale. However, we do know from experience that the traditional brokerage model has limitations, especially in the high end, where the buyer pool is limited properties simply aren’t very liquid, even in healthy market conditions.
Q: HOW DOES THE ACCELERATED SALES PROCESS WORK?
A: Typically, the property is marketed for four weeks, with many advertised open houses, with agents to facilitate registrations and arrange for potential buyers to preview and conduct inspections. Diligence is encouraged, as all sales are “as-is”, without contingencies. The Terms and Conditions of Sale, Purchase Contract and available property documents can be downloaded from the property website.
Q: WHAT DOES IT COST?
A: Sellers pay an up-front engagement Fee (approximately $100,000) which is partially (or totally) refunded
upon closing. Buyers pay a buyer’s premium (10%) on top of their bid.
Q: ARE PRE-OFFERING OFFERS ACCEPTED?
A: It is not uncommon to receive offers prior to the sale-bid completion period and all offers are presentation for consideration.
Q: HOW TO REGISTER TO MAKE AN OFFER?
A: You may register to make an offer directly or on our online marketplace at SealedBidSales.com. Call us at our offices or on our direct line for personal service. Our registration process has three steps:
1. Complete and submit the Terms & Conditions of Sale.
2. Wire your bidder deposit. Typically $50,000, which is credited towards your purchase if you are the winning bidder, or returned the following business day if you are not.
3. Provide a letter of reference from your financial institution.
Marketing for Sellers
hen we list a property, we immediately implement a comprehensive marketing plan that produces fast results for our clients. Our strategy is guided by three objectives: speed, quality, and broad exposure. We design a customized program for each property using the following techniques:
The photography of your property is the most important step in our marketing efforts. Photography affects everything - virtual tour, print materials, high-definition video, advertising and web sites. Our professional photographers deliver unparalleled experience, technology and quality to show your property at its absolute best. The photo shoot captures all of the images needed for a great virtual tour, high-definition video, top quality color print materials, e-blasts and print media advertisements.
Virtual tours are designed to attract more viewers and capture their interest longer. Fully interactive and flawlessly responsive, virtual tours give today's sophisticated buyers more of what they're looking for: more visuals, more control, and more information about the property. Features include: access to more visuals than any other tour: photos, floor plan tours, HD videos and spherical panoramic images; interactive, image-rich floor plan tours; HD YouTube videos; and printable high-resolution brochures.
We produce high-quality color materials for your property. We have a wide range of pieces designed to be used together to market your home. These include multiple page brochures, oversize direct-mail cards, and much more. We ensure that when buyers and agents come to your property, they leave with a print piece that stands out in the market. With deeper colors, sharper detail, and deluxe paper stock, we provide superior print quality your buyers can see and feel.
Property video done right! The professional video team from our resources uses the best technology, equipment and techniques to produce captivating and compelling videos for your property, including the best cameras, lighting, cinematic sliders, dolly tracks, cranes and MOVI - the revolutionary 3-axis gyroscopically stabilized floating camera. Video is the fastest growing method to promote properties online.
We are able to increase your property's exposure on the web through direct email marketing. Our iFlyers accentuate your property with vivid photos and text. In keeping with the aesthetics of our print advertising materials, the iFlyer is mailed to an extensive list of thousands of agents around the Mid-Atlantic Region, including our exclusive directory of top-producing agents.