Canyons Presentation 1 | Page 28

Our comprehensive approach to development marketing integrates the latest in digital, print, and agent outreach. We have the tools to design and execute a holistic campaign that casts a wide net to potential buyers. DEVELOPMENT CONSULTATION AND REPORTING orm     istribution  platf d. determine  d /punch  list   e. walk  through   on   orientati f. new  owner   res   vs  REPC   r  and  procedu e. reservation   g. closing  lette y   pan om incentives   c   f. title ?   h. hen,  how  much s-­‐w sion s   mis i. HOA  subs g. idie com -­‐Sal Pre model     es   ery/ tion gall h. rma j. rental  info lays   h   i. disp 1. Researc ls    competition   materia 17. Launch   a. existing ts   ii. nist   ket  voids   ptio mar a. special  even rece iii. ner ?   b. plan i. event   ing    train c. supply  and  demand   team i. ited   cheduli ng   ii. lim  s d. feasibility   j. team l   era ent   ing   gem iii. Dat gen ition abase  Mana Pos 2. l-­‐sw 7. ag   tera mer?   g  a  need   s-­‐who  is  the  custo b. branded  c a. olla reporting   a. fillin  policies   ographics/  psychographic b. registration b. dem c. evite     enities   dar n  c   alen r  gifts uye paig b cam buyer  needs-­‐am nd   c. a c.   ltor rea d. s   d. product  type age s     tour 8. ce   Sign e. offi nal   g   a. directio 3. Brandin f. site  tours   truction   / OFFERINGS INCLUDE - - - - - - - - - Development consultation Customized development listing strategies, marketing, pricing, reporting, etc. Professional in-house photography and videography with drone capability 3D virtual tours Custom design of property flyers and brochures Targeted direct mail campaign strategies and print advertising strategies Comprehensive digital marketing program including social media assistance and online advertising campaigns Agent-to-agent and broker-to-broker outreach Launch strategies Reporting     Please find below an introd uctory marketing proposal that outlines most of the expenditures we anticipate you to incur during the next few years of the Developme projec Please t. Our find introd exper below ience an marke indica nt ting alloca tes uctory that you propo te sal should that ximat outlin ely expen sales es 1.5 diture most appro your gross s we s antici pate dollar you to of 3% the to incur of to your marketing durin g the next campa few the ign. years Expec t. Our of two the Devel t that years projec exper will neces ience opment first indica sitate to three tes dollar more that you marke should ting alloca te s that appro your ximat ely 1.5 sales ting also noted gross dollars to your marketing the later years of the to 3% of the marke projec I have ditures our comp campa b. temp  &  cons a. name   ign. Expect that the first t. two years will necessitate expen will incur. to three more marketing dollar any ns   me   ptio 18. Funding   s that the later years of the b. g  o the c. sales   ncin noted Preli also the marke project. I have mina ry Strat ain  mortgage  fina c. logo   egies ting expenditures our company will a. obt incur. PR   9. • BHHS Utah will review sis   archit y   ectural and site plans, finish a. stor 4. Market  analy Preli Strat and and fixture selections and mina egies provid ry e input suggestions to match marke b. press  kit   a. pro-­‐forma   • BHHS t demand. • BHHS will input review regard Utah Utah will give archit ing ectura l and tion  rates   optim um site b. absorp unit plans, config finish provid se   urat io and densit and e input 10. Advertising   elea ns, fixture selections ies r and to n   ull   enhan sugge f s.   esig stions ce v   d sell-ou to nd   ited match a t. market demand. sizes, and sing-­‐lim • BHHS a. ad  concept   c. pha min • BHHS Utah will st give Utah will input depos ation   egies   sugge regard a buyer optim t  deter um unit it ing timeli config ne and associ ies sizes, and b. ad  placemen d. pricing  strat payou densit ated uratio comm ns, t timeli ce the sell-ou ission ne to to enhan t. st numb enable g   ricin highe p al   initi   er of pre-sales. • BHHS i. • BHHS Utah consu will sugge c. tracking Utah will a buyer depos nts   lt with st the it timeli interio and ghout r design associ the firm ne throu ated projec ii. deposit  amou comm • BHHS payou timeli ne to e enable Utah t will t. ission provid highe 11. Direct  Mail   st market the numb ases   analys er of pre-sa is ncre i to e   find les. • produ BHHS pric ds   ct Utah voids iii. pricing strategy. will consult with the interio to optimize the a. postcar r design firm throughout • BHHS   the project. Utah review • BHHS will provid sletters Utah will e ct marke b. new 5. t Marketing     analys produ is e to to find pricing relativ produ ct to voids r   udget   absor to optim g strate ption possib pricin secure le reven highe ize ue. gy. a. developer  b st the c. developer  lette • BHHS • BHHS Utah analyz will review Utah will ting   b. timetable   produ ct ts pricin e target relativ marke e to to absor 12. Digital  Marke and g platfo rms to secure le reven guara ption buyer possib ials   highe ue. ntee s are st ater poten m reache t   tial rds   d. prin e-­‐ca c. a. • BHHS • BHHS Utah produ will analyz Utah will e target markets and platfo i. brochures   ce b. blogs   rms to guara ic marketing buyers are reached. timelines for specif ntee poten loor  plates   tasks and initiat ives. tial ii. floorplans/f c. newsletter   • BHHS Utah will produ Marketing ce timelines for specific marke iii. maps   ting tasks and initiatives. 13. Website   • BHHS Utah will develo folders   t   p a comprehensive marke iv. presentation   Mark a. developmen eting ting plan   which will includ cross- marketing, media, timing e ists   AbsorpHon   F orecast   &   P ricing l e   pric   and strategies. v. ting • BHHS b. hos Utah • Devel will develo oper p will 12/1/14 a comp hire s   rehen a ard marke c ting firm to craft sive marke ting is plan   vi. note   loper  sites   agreements   a vision w e hich cross- --Posi c. SEO   that marke tionin compelling ting, g media uniqu and will include deve and   REP and strate is the , timing C/Reservation   gies. found orporate   c   ation rom f of vii. • s   a succes Devel link sful • BHHS Utah oper long term development. d. Recent  Sales  History  (1/1/2013  -­‐  Current) 2014/2015  List  Price    Range hire marke will will assist to a evalua to se craft te ting a vision and firm propo that ting is unique and possib viii. Q&A   le marke #  of  units   ales   Average   edia   #  units   consid comp ial   S M er. elling--Positioning is the foundation to 14. Soc Avg     rms of a successful long firms latfo disp  Pricing • BHHS closed $PSF determ remaining Sq   lays F   t   Avg  Sales  $ Low High Average  PSF AbsorpHon  Forecast  & • ine  p d. term development. Utah devot BHHS will e assist Utah will a. to evalua te and as much egy     propo time trat se s 12/1/14   possib as neede aign le the marke d to consid amp work c ting   er. ew of al   with a detailed overvi firm to firms b. on-­‐line 5 e. visu provid to e   sales phy 1  bedroom 3 $360,333 $530 833 $370,000.00 $499,000 $522 histor ogra y and hot challenges, as well as • BHHS tyle  p lifes Utah assets will  R devot and attrib t amenities,   struction   9 2  Bedroom 6 $674,500 1,576 i. $595,000.00 $473 phy Recent  Sales  H $895,000 istory   (1/1/2013   -­‐  Current) 2014/2015   List   utes. Price   ange e as much time as needed to work curren ogra 15. Con $545 with the firm to provide detail will itectural  phot $1,500,000 • BHHS a Utah ed overvi ii. arch 3  Bedroom* 1 $1,710,000 $768 18 n   2,185 $850,000.00 $538 Avg  Sales   of past sales campa draw ew histor igns #  of  units   #  units   Average   a. owner  liaiso from y and to challe as well ensur nges, as curren assets e propo ne   4  Bedroom 2 $1,646,180 $620 change  o 2 rders   2,765 $1,550,000.00 $1,800,000 $606 attrib sed campa utes. closed $PSF remaining Sq  Ft compelling Avg  Sales   $ Low , and High Average  PSF iii. dro ign t is amenities, fresh, and releva b. nt. • BHHS Total 12 34 Utah condu • BHHS will draw Utah will from iv. 3D     es   past campaigns to ensure ct focus c. issu group Sales  ProjecHons comp sed groun 1  bedroom 3 $360,333 $530 5 833 for pre-sa $370,000.00 $499,000 $522 s to gather inform campa elling, fresh, ation propo ign is and lay o   and releva les dwork nt. v. 2   vide B edroom 6 $674,500 $545 9 1,576 $595,000.00 $895,000 $473 • sel   16. Legal   BHHS • BHHS Utah will Utah develo will condu loper  coun focus ine  deve group p and ct imple s to gather 1 $1,710,000 $768 18 2,185 $850,000.00 $1,500,000 $538 %  +/-­‐  in  Unit   Strategy   3  Bedroom* ment inform a. determ a sales ation strategy, for pre-sa 6. Sales   sure and lay which groun les with fits   will regard s   be ene b s modif to marke nd   ied dwork a s   isclo 4   B edroom 2 $1,646,180 $620 2 2,765 $1,550,000.00 $1,800,000 $606 t sales  Over  prior   Discount   %  price   d a. feature trends and demands. b. selle %   r’s   • BHHS • BHHS Utah sugge will d evelo Utah will p and Total 12   34 year Projected #  of  Units increase IncenHve   imple st marke ment a sales t positi strate ent, oning gy, which , media b. objections   c. CC&R’s   placem and ad will be modified igns. regards to market trends and dema Sales  ProjecHons campa with nds. pts   • BHHS Utah will sugge 2015 0% 8 0% -­‐7.0% c. scri     st market positioning, media placement, and ad 2016 43% 14 7% -­‐5.0%   %  +/-­‐  in  Unit     campaigns. d. focus  groups   2017 2018 Total -­‐43% -­‐50% 8 4 4% 3% -­‐4.0% -­‐4.0% Projected   Over  prior     sales   year #  of  Units 34 2015 0% 8 2016 43% 14 *  the  sales  price  of  the  3  bedroom  Residence  was  "undisclosed"  to  the  Park  City  MulMple  LisMng  Service.    The  MLS  provides   a  sales  price  of  9 8 5%  of  the   2017 -­‐43% list  price  as  the  sold  price  for  staMsMcal  purposes.    OSen  when  a  price  is  "un-­‐disclosed"  it  is  assumed  to  be  deeply  discounted.     2018 -­‐50% 4 -­‐Projected  number  of  unit  sales  in  a  year  are  in  the  reasonable  side  of  aggressive  and  are  largely  effected  by  the  actual/perceived  "Vail  Effect".    Actual   34 snow  fall  as  well  as  early  and  late  season  ski  condiMons  will  have  a  large  effect  on  the  number  of   Total transacMons.       %  price   increase %  Discount   IncenHve 0% 7% 4% 3% -­‐7.0% -­‐5.0% -­‐4.0% -­‐4.0%       890 Main Street,             Park City, UT 84060 • Phone : 435-649-7171 • bhhsutah.co m 890 Main A Street, member Park of the City, franchis UT e system 84060 of • BHH Phone Affiliate : 435-64 s, LLC 9-7171 • bhhsu tah.com A of o the franchis sales   price  o u f   nit   the   3  bedroom   Residence  was  "undisclosed"  to  the  Park  City  MulMple  LisMng  Service.    The  MLS  provides  a member  sales  price   f  95%   of  the   e system of BHH Affiliates, -­‐Timing  and  success  of  Vail's  planned  improvements  to  the  resort  will  have  a  large  effect  on  Mming   *   o t f   he   the   increased   sales.       LLC   list  price  as  the  sold  price  for  staMsMcal  purposes.    OSen  when  a  price  is  "un-­‐disclosed"  it  is  assumed  to  be  deeply  discounted.     -­‐  Percentage  increase  in  sales  price  are  a  bit  more  conservaMve  and  are  based  more  on  historical  greater  Park  City  market  condiMons.    As  the  market   -­‐Projected   number   conMnues  to  improve  and  inventories  stay  at  reasonably  lower  levels  there  will  remain  upward  pressure   on  pricing.       of  unit  sales  in  a  year  are  in  the  reasonable  side  of  aggressive  and  are  largely  effected  by  the  actual/perceived  "Vail  Effect".    Actual   snow  fall  as  well  as  early  and  late  season  ski  condiMons  will  have  a  large  effect  on  the  number  of  transacMons.       -­‐Timing  and  success  of  Vail's  planned  improvements  to  the  resort  will  have  a  large  effect  on  Mming  of  the  increased  unit  sales.       -­‐  Percentage  increase  in  sales  price  are  a  bit  more  conservaMve  and  are  based  more  on  historical  greater  Park  City  market  condiMons.    As  the  market   conMnues  to  improve  and  inventories  stay  at  reasonably  lower  levels  there  will  remain  upward  pressure  on  pricing.       OUR BENEFITS & DIFFERENTIATING QUALITIES