Our Marketing Approach:
We at Trust Properties, Inc. emphasize the team approach to all
of our clients’ properties in contrast to the traditional
listing broker nesting on the exclusive hoping to get the
commission from both sides of the deal (i.e., Listing and
Sale). You must be assured that the team representing you
knows your property, and can answer questions when a prospect
calls. This team approach explains our success rate in
selling and leasing our clients’ properties. We cooperate
with other brokers daily, but we still close 80 percent of our
own deals. We believe the type of marketing approach outlined
above will produce the fastest/most effective results and we
strongly recommend you employ these criteria in your selection
process for the marketing of any Washington, D.C. area
properties.
During the course of
marketing your property, you should rely on six primary mediums
to bring your property to market. In order of importance
they are as follows:
1. CoStar:
CoStar is a commercial database, encompassing more than 90
percent of all of the buildings and properties located in
the Greater Washington Metropolitan area. This database is used
by all of the major brokerage firms on the East coast. The
database incorporates tax record information, legal description,
size, type of property, availability, improvements, prices, and
terms. CoStar has its own team of data consultants who
update and input information into the system on an ongoing
basis. Additionally, brokers who have exclusive listings update
their own information on their listed properties directly to
CoStar. These updates are sent to subscribing brokerages
every two weeks, allowing CoStar to be the most effective
regional marketing medium in use today and therefor any Broker
selected for marketing your property should be a subscriber.
2. Signage:
We recommend placing signs on properties whenever possible,
i.e., 2'´2'
signs, 4'´4'
signs, 4'´8'
signs, 2'´20'
banners, 4'´30'
banners. The bigger the sign, the better. Signs are one of
the most effective methods of gaining the attention of Buyers
who are new to the market area and Brokers searching for the
acquisition needs of a new client.
3. Cold-Calling:
This is the simplest and most fundamental of all marketing
techniques, which every broker should do to be successful in
marketing properties. We accomplish this in two ways:
(i) we cold-call in person; (ii) we cold-call via
the telephone. The next call we make may be the right
prospect for your property. We suggest you recruit only Brokers
who are openly willing to employ this technique.
4. MRIS:
The Metropolitan Regional Information Service (“MRIS”) is also a
database, used primarily by residential and by traditionally
smaller commercial brokers; and is a useful marketing tool that
is not utilized by most of the larger national commercial
brokerage firms. Our experience is that residential agents
sometimes do commercial deals, and toward that end we subscribe
to this database and we recommend you choose a Broker who can
provide this important listing service as part of the package
being offered to you.
5. Advertising:
Trust Properties, Inc.’s policy for advertising properties is
that we do general advertising in local papers and trade
magazines to market our clients’ properties. This gives
Trust Properties’s clients more flexibility. We pay for
all of the general advertising. If specific or specialized
advertising is requested by an individual client, the cost of
the actual charges for publication is passed on to the client
without a mark up or additional burdens. This advertising
practice is customary in our marketplace and allows the client
to choose the desired frequency of ad placement while monitoring
the ad’s effectiveness.
6. Mass
E-mail:
The newest medium for the marketing
of real estate is the internet. Our method of marketing
listings on the internet is to prepare a Power Point
Presentation marketing package for each new listing. We
then take that presentation and email it as an attachment to all
of the brokers on our email lists. Our email lists are
generated from a software program called CoStar Professional
Directory. By using this program we are able to get email
addresses for real estate brokers that have completed
transactions within a given geographic area. With our mass
e-mail capabilities we are able to get maximum exposure for our
listings throughout the brokerage community.