Elliot Funt - Engel & Völkers Vancouver

My number one priority is making my clients happy with their sale.

I work very hard to make sure that every property I list is listed at exactly the right price, is professionally photographed, and gets marketed to buyers through various outlets. Then, I negotiate every dollar your home deserves.

 
 

Full Service Real Estate

Over the past decade, there has been a noticeable surge in the popularity of this term, highlighting a clear distinction between real estate agents. This separation is drawn between those who merely execute the basic requirements and those who leverage an extensive array of tools to ensure you not only meet but exceed your expectations in terms of property value.

Pricing & Initial Assessment 

Ensuring that your property is valued at the right price is essential for generating interest. Pricing it either too high or too low could result in leaving money on the table at the end of negotiations. The internet plays a significant role in determining the value of a given property. How it is marketed online is much more crucial than physical print because most other Realtors® and buyers search for properties online.

I work diligently to determine the appropriate price range at which a property is likely to sell and should be listed. To establish these values, I conduct extensive online research into prices of similar properties in the area and past sales. A substantial part of my experience before entering real estate involves business plan writing and market research. Market research remains equally important when valuing your property for sale. When we discuss the pricing of your property, I present you with hard facts regarding what the market is doing in your area, rather than just an off-the-cuff guess.

Feel free to contact me for a no-obligation market assessment.


Preparation For Viewings & Staging

home staging.png

One of the key differentiators between new agents and experienced ones is how a property is presented to the public – leading to wildly different sales prices in nearly identical properties. Much of this comes down to preparation. Don’t get me wrong, spending money on a property you’re going to sell may seem pointless, though you will recoup every dollar spent at a ratio of about 5:1 on the sale price (yes, you read that right). It generally also translates into a quicker sale.

The Basics (Cleaning, Painting, and Landscaping)

When selling detached properties, it makes sense to have a good landscaper or gardener come through before listing. Painting makes a world of difference as well, especially with outdated colours or damaged walls. Needless to say, cleaning up before showings is essential.

Furniture Staging

Staging helps buyers visualize a home. Many times I’ve walked into a vacant property with Buyer clients and they simply cannot visualize how furniture would look to make a space feel homely.

Hiring a staging company nearly always pays off (especially with luxury properties). I have seen countless listings sell for 5-10% more than they otherwise should simply because the owner spent 0.5-1% of the properties’ value on staging.

One of the best things about staging companies is that they typically use smaller furniture, making space appear larger to potential buyers. Even if you decide against a staging company, it makes sense to majorly declutter and put unnecessary items in storage. A staging consultation from a respected staging company is offered free of charge as part of my services if you’d like to think about your options.


Virtual Staging

One of the coolest new features in the real estate world is known as virtual staging. Using computer-generated imagery (CGI), it is easy to make your home look staged in real estate photos, without actually being staged (as sometimes physical staging simply doesn’t make sense). Virtual staging can even be done for cluttered homes, such as tenant-occupied homes, by taking away furniture and items to make the images look nicer. Please see the two images below (from a past listing of mine), which are of a condo that has been virtually staged.

A Virtually Staged Home

A Virtually Staged Home


Amazing Photos & Drone Videos

Fantastic photos and videos can make the difference between having no offers versus multiple offers. I almost always include drone footage (on occasion transport Canada regulations prevent drone use in an area). This comes at no additional cost to you.


3D Floor plans

Besides simply looking nice, I include floor plans with every listing because measurements are usually higher than what the strata plan or BC Assessment reflects. With home prices so high, it would be negligent not to do a floorplan when doing a simple measurement could translate into 5-25 Sq.Ft. larger than expected, equating to thousands of dollars more for your property.

floorplan bc real estate

Matterport Virtual Tours

I get a Matterport Virtual Tour whenever it adds value to your home. The reason I don’t always include them is that tenanted homes frequently are messy and so it actually detracts from my ability to sell your home in these instances. I include Matterport for nearly all vacant homes, all staged homes, and most tidy homes.


Online Marketing & Advertising

Creating an Internet presence for your property is critical. I make sure that buyers and other Realtors® see it on social media outlets. Digital Advertising of your property is extremely effective for getting it seen and viewed.

MLS Reciprocity

For all listings that aren't "exclusive listings," I will post the listing on the MLS® (Multiple Listing Service). The MLS is one of the benefits of using all Realtors®; the MLS service allows other Realtors to market your property and search for it. So your listing will appear on many other Realtors' websites in their various MLS property searches.

Realtor.ca & REW.ca

In Vancouver, most buyers search for properties using either Realtor.ca (operated by the Canadian Real Estate Association) or REW.ca (a private company).

Realtor.ca is an even playing field for all MLS listings, under all circumstances.

REW is far from an even playing field. I have a premium membership to REW.ca, something that many agents don’t pay for due to cost. My premium membership means that my MLS listings are automatically placed above those from any agent not also paying for REW.

There is also a “featured” listing feature on REW (i.e. a REW ad), I pay for this about three weeks after a property has been listed if it hasn’t already sold (as this will push it higher in REW search results, something unnecessary if the listing is brand new).

Dedicated Webpage/E-Brochure on All Listings

Many Realtors® offer pages along with your listing. But unlike most Realtors who simply pay an outside service to create a subpar site, I personally put in the effort to create a top-of-the-line page to promote your property. A beautiful page is a luxury touch that will help attract potential buyers for your home to showcase the value of your home. Click here to see an example of a past listing-specific webpage I created.

Social Media

The blog postings are a way that I can market to social media sites without seeming like blatant marketing. I then will post the blog post to various locations to get the word out about your property.

Paid Google Search and Paid Facebook Ads

I invest in paid Google Search/Adwords to make sure there is always traffic flowing to my website and your listing. This, nor any of the other services I offer come at any extra cost above the commission on the sale of your home. 

Website Analytics

As part of excellent client communication, during the time your property if for sale I am happy to send you website analytics (upon request). These analytics will show the amount of traffic generated to a specific site or webpage. In the analytics reports, I include any data on relevant blog posts to funt.ca (and other websites).


mailout

"New Listing" Mailouts In Suburban Areas

For suburban, single-family homes, I send out roughly 1000 "New Listing" postcards to the surrounding homes in the area.
Why not condos too? These are ineffective with condos as generally the mailings are simply left in a stack in a condo mailroom rather than reach individual mailboxes.


Engel & Völkers

Worldwide

Engel & Völkers is one of the world’s leading service companies specialised in the brokerage of premium residential property, commercial real estate, yachts and aircraft since 1977. Consultancy, sales and leasing form the core competencies of the staff of more than 15,000 employees at 900 'shops' in 32 countries.

Vancouver, West Vancouver, and Kerrisdale Shops

Engel & Völkers entered the Vancouver market in 2015 and has since become one of the largest brokerages in Greater Vancouver (I joined in 2016). The Vancouver shops (comprised of Yaletown, Kerrisdale, & West Vancouver) have won several significant awards as a top-producing Engel & Völkers brokerage in North America.

Engel & Völkers Cup

The Engel & Völkers’ Edge for high-Value properties

When dealing with high-value properties, it is critical to advertize globally rather than only focus on the local market. Even though most purchasers do come through local sources, especially with foreign buyer ban in many areas, the global market should not be ignored. Through the worldwide reach of Engel & Völkers, I have access to all of the following websites and publications. In particular, the Engel & Völkers Worldwide site/GG Magazine, James Edition, ListHub, and Juwai.com (not listed below, though I have access).

EV Exclusive

For unique, luxury properties Engel & Völkers Vancouver has a YouTube Channel (EV Exclusive) with 30,000+ subscribers. I also work with colleagues at Engel & Völkers to make sure your listing gets the greatest exposure on all platforms.
Link to @EVExclusive on YouTube.


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'SHOP' TV At Engel & Völkers Worldwide

Shop TV is a feature of the Engel & Völkers brand. When you list a luxury property with us, your listing will appear in all Engel & Völkers' 'Shops' worldwide. The idea behind the Shop concept is that it is bringing a friendly, luxury touch to your standard real estate office. Your listing will appear on TV screens shown in our shops worldwide on a rotational basis.


GG Magazine

The Engel & Völkers toolbox includes GG Magazine, which targets affluent buyers for ultra-luxury listings (unique listings ~$10M plus). GG Magazine gets distributed quarterly to a global audience with an average publication run per issue of 279,000 plus widespread online viewership.

Click here to view the latest issue


Brochures Printed on Thick Cardstock

(images below from a past brochure)


Quick Communication

A core part of every real estate agent's job is to communicate with customers, clients, and other agents. In theory what every agent should do and does do is often worlds apart. 

To receive top dollar for your home, it is vital that you have an agent that is on top of selling your property, cooperates fully with other agents, and responds quickly to buyers.

I'm an agent that picks-up phone calls, answer texts, and checks my email, and shockingly, I do all these things more than once every other week. Between 9 am and 9 pm, 7-days a week, I do my very best to get back to all customers, clients, and other agents within a max of 30 minutes no matter the communication medium. Between regular business hours, I typically respond within 10 minutes; and if I don't, it's most likely because I'm in the presence of another client.

Engel and Volkers Vancouver

Open Houses, Agent Opens, and Private Tours

Saturday and/or Sunday open houses will be held every week a property is listed (unless you request otherwise or tenants prevent that). I also hold an "Agent Open" once a month to advertise your property to other real estate agents, during agent tours.

For island & recreational properties, rather than hold open houses, I take any prospective buyers out based on their schedules. Private tours for select potential buyers, especially in the luxury market, is also necessary. 

planning your listing to coincide with a relaxing vacation

I recommend going somewhere you’ve already been and truly enjoy – just make sure it has wifi or cell reception.

No one wants to take time away from a vacation thinking about real estate, though I highly recommend doing just that. Doing so will significantly lower your stress level around the sale, especially when you’re otherwise living in the property full-time. You only have to clean up once, and it also allows me to show your property to prospective buyers anytime they request without disrupting you.


Thorough Contract & Document Review

Whether you are a first time seller, or a experienced investor, I review the contract and supplementary documents with you via your preference of phone call or video call. This tiny step is so easy to skip with the prevalence of online signatures, though is more important than ever. A few minutes reviewing a contract can easily avoid complications and misunderstanding down the road.

Prefer to meet in person? No problem, I’m also happy to meet in person to review the contract presuming there is enough time prior to offer expiry to do so. I make in person meetings a priority in all circumstances where clients are not computer literate, or I believe there may be a heightened risk of misunderstanding.


Negotiation

The most surprising thing I've found in the real estate industry is that some agents do not know how to negotiate. Before real estate, I sold Mazdas for 3-years, and also settled contracts while writing business plans for 5-years. Negotiating on behalf of my clients is one of the most valuable services I offer and one of my best skills.


Bonus: Listing Lead time

Listing lead time varies depending on your property. While I can usually work with listings timelines as minimal as about 10-days (even less for small condos), more preparation time is always better. If you’re thinking about listing sometime in the future, 2 to 4 months prior is ideal, though I certainly appreciate even more heads up if you’ve got it.

A longer lead time means lower stress for you, and results in a perfectly polished listing. It also allows you to list at a time of the year that I will get you top dollar. Plus it helps me with my own planning, particularly around any other listings I take on and scheduling time-off that won’t interfere with your property sale.

There’s additional background work I do in relation to many listings as well, which you don’t directly see. There are typically between 1700 to 2500 open houses that occur every weekend within the Real Estate Board of Greater Vancouver, needless to say, I can’t see them all. When I have a new listing that is coming up in say $3m range in Central Lonsdale, I focus extra attention on all the $2.5m-$3.5m homes in that sub-area, and neighbouring sub-areas for the months proceeding. That way, I am insanely up-to-date on the exact price range in the exact sub-area your listing is in. It’s one thing to search past sales, it’s another to know why a particular sale went for 10% under general market value for a reason not evident in the photos.


Step 1: Reach Out To Elliot Today