vik krikorian armen krikorian

Vik Krikorian Armen Krikorian Broker of Record/Owner Sales Representative

416-822-0706 [email protected]

www.RealtyExecutivesX.com

To provide the marketing expertise, network base and personal diligence to meet our clients’ objectives

To maintain the highest level of professionalism and dedication in the services we provide

To continue as an industry leader through innovation, teamwork and our commitment to excellence

OUR PROFESSIONAL CREDENTIALS

• Real Estate license since 1987, Broker 1992

• Re/Max Hall of Fame Member, 1999

• Market Value Appraiser (MVA), 1995

• Seniors Real Estate Specialist, (SRES)

• Certified Commercial Investment Member, (CCIM)

• Canadian Employee Relocation Council,

(CERC) Relocation Professional

****** Accredited Buyer Representative, (ABR)

Our Mission Statement

Armen Krikorian 416-885-8345Vik Krikorian 416-822-0706

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Thank you…

for taking the time and interest to read our Buyer Presentation Intro-Brochure!

We are confident that this introductory brochure will assist you in selecting your Agent and making the purchase of your new home a more positive,

informative and fun experience.

You will see that all our efforts, plans and strategies are geared to assist you in buying the right house for the lowest possible price!

Should you have any questions, feel free to contact us at your convenience.

Vik & Armen


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Home Buyers’ Concerns:

• What price range can I qualify for?

• Are there programs that offer lower down payments as an option?

• Where do I shop to get the lowest interest rates?

• How should I structure my mortgage so it costs the least amount possible?

• Do I need to get pre-approved for my loan before I buy?

• How do I make sure I am not overpaying for the house?

• Will there be a home inspection to make sure the house checks out?

• What can go wrong after I buy the house?

• Will there be a lawyer to protect my rights and property?

• Will you handle all the details for me so I don’t have to?

We Will Address All Your Questions


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Price: Price range, mortgage financing & qualification

Location: Primary & Secondary neighbourhoods

Type: Type of house, condo, semi, detached, bungalow

Viewings: Days, frequency

Offer: Explain the 5 points & Offer presentation process

Negotiation: Explain the 3 options, best price, terms

Agreement: Offer accepted

Condition: Financing, inspection & the Closing process

Now your purchase is Firm (unconditional)

Copies: Info: LawyerMortgage broker, bankInsurance broker

Moving: Moving day preparation

Visitation: Measure drapes, take parents/children

Closing: Meet with lawyer a few days prior

Keys: Get possession – move in

*** Sign Buyer Representation Agreement *** In the last 25 years, we have helped over

1,000 families move successfully!

All The Necessary StepsTo Accomplish Our Goal:

The Right Home The Right Price!


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The Key to successful negotiations lies in assessing the degree of interest a Seller has in your offer and the Seller’s motivation & reason to sell. This will help us to determine the Seller’s area(s) of weakness.

We will:

• Determine the financial limits of the Sellers.• Determine the areas where there may be some

give and take.• Keep the negotiations moving forward and on track

We are:

• Trained and experienced negotiators• Objective and focused• Knowledgeable about market values and trends• Able to Understand the needs of both, Buyer and Seller!

We will help you build a WIN-WIN situation in order to minimize the purchase price of your home and at the same time meet the Seller’s needs.

We will help you feel in complete control during negotiations and keep everyone on track and moving forward to a successful end result.

Successful Negotiations


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1. Presenting the Offer:When we prepare an Offer, we will review each of the terms & conditions with you, to gain or ensure your complete understanding and satisfaction

2. Five (5) pertinent pieces of information on an Offer:a) Price

b) Deposit

c) Conditions

d) Inclusions & exclusions of chattels

e) Closing Date

3. Three (3) options to consider:b) Accept the Offer without changes

b) Make a counter Offer (Sign-Back)

c) Reject the Offer & turn the Buyer down

4. Satisfying the Terms & Conditions in the Offer:Removal of conditions and satisfying the terms in the Offer : Financing, inspection, survey, re-Visitation…

5. Our responsibilities:Until the transaction is Closed (and after)

a) To work with your Bank, Lawyer, Insurance Broker etc. to ensure a timely and highly satisfactory “Closing”

b) Above and beyond, to be available to answer any questions that you may have.

We want this to be a Positive Experience for you!

The “Offer” Process

• Provide you with names of lawyers, inspectors and mortgage brokers to choose from

• Advise on the removal of all conditions: Financing, inspection, condo status certificate

• Advise on different lenders, mortgage types, terms and rates

• Advise on home, life, mortgage insurance and title

• Assist you with your lawyer’s, bank’s and home insurance agent’s requests for the purchase information

• Assist you to find movers & other service providers

• Arrange the appointment for re-visiting your new home

• Always be available for your questions and concerns

Some Of The Things We Do After Your Offer Is Accepted


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1. Buyer Representation

2. Seller Representation (Listing Agreement)

3. Dual Representation (Seller Agent representing Buyer as well)

4. Customer Service

What Is “Buyer Representation”? (An Agent without a “Buyer Representation” contract is not bound to perform these duties)

It’s a contract between you & your Agent which ensures that your Agent is working for you & not for the Seller,

By providing:

• Loyalty, Confidentiality, Full Disclosure & Negotiating for the Buyer

• An Agent shall Protect & Promote the best interests of the Buyer

• An Agent has a “Fiduciary Duty” that includes:• Competence• Diligence (must always be available)• Full Disclosure• Obedience• Loyalty• Confidentiality• Complete Accountability & Liability

Your Buyer-Agent is paid by the Seller

In Real Estate, there are Four(4) different possible types of

Client Representation:


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A Dual Agent (the Seller’s Agent representing you) CAN NOT disclose:

• That the Seller may or will accept less than the listed price• That the Buyer may or will pay more than the offered price• The motivation of, or personal information, about the Buyer or Seller• The price the Buyer should offer or the price the Seller should accept – (NO Advice can be given)• The Dual Agent shall not disclose to the Buyer the terms of any other previous or competing Offers

Dual Agency (Seller’s Agent representing the Buyer and Seller

or the prosecutor representing the defendant as well)

Comparison of Services Provided to you when Buying

Services & Duties Provided Seller Agent

Buyer Agent

Arrange Property Showings Yes Yes

Assist with Financing Yes Yes

Give you advise & counsel NO Yes

Keep your bargaining & financial position confidential NO Yes

Promote & protect your best interest NO Yes

Negotiate the best price & terms for you NO Yes

Point out reason not to buy NO Yes

Pass on info that may enhance your bargaining position

NO Yes

Assist in writing the offer with your best interest in mind NO Yes


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COMMITMENTFrom Agent to Buyer

•Strive to locate the best home available to meet the buyer’s needs & desires

•Provide pertinent information & assist in making an objective evaluation as requested by buyer for desired properties selected

•Provide price information & prepare an appraisal “CMA” for a property prior to making an offer

•Prepare an offer & negotiate for the best possible price, terms & conditions•Exercise skill, care & professionalism in all aspects of the transaction

•Keep buyer fully informed at all stages of the transaction

DO’S & DONT’S: Ads, Signs, Web or Open Houses, Privates & New Homes

•Do Not call seller’s agent, the seller or knock on the door. Any information about you, may and will be used against you during negotiations if you decide to put an offer later

•Do disclose to other agents that you are under a “Buyer Contract” at Public Open Houses or whenever you bump into another agent or seller They’ll respect that, think of you as a serious buyer & they’ll leave you alone

•Before visiting a “New Homes” site, let your Buyer Agent know so that we may register you with the builder. This will allow us to negotiate for you & get paid by the builder

•Inform your Buyer Agent if you are interested in a private sale even though some private sellers will try to entice you by telling you that involving your Buyer Agent will cost you more (as much as the commission) to buy their house. The reality is, a Buyer Agent can & will negotiate a better price. Do not jeopardize a successful sale by negotiating face to face with a private seller because if the seller knows what they’re doing, you’ll overpay. If the seller does not know what they’re doing, they’ll screw up the transaction


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Don’t Do It AloneIt’s Your Biggest Investment

I will provide you with accurate property information, including;

•Comparable property values, Solds, and Available now

•Taxes, Utilities

•Zoning, Restrictions

•Location of schools, churches, shopping centres and recreational facilities in the area•Other information you might need

As your agent I can discuss information that may enhance your bargaining position such as;

•The seller’s urgency to sell

•The seller’s willingness to take less

•The availability of like properties at a better price

•How certain property features may affect future marketability•How outside factors may lower property values

Upon Selection of a property, I will;

•Assist you in tailoring your offer for purchase•Act as a liaison between you and the seller’s agent•Act as a liaison between you and you lawyer•Act as a liaison between you and your lender•Act as a liaison between you and your inspector•Monitor your transaction through closing


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With proper guidance & assistance provided by us, Home-buying should be an enjoyable & an exciting experience!

Not intended to solicit buyers or sellers currently under contract with a Broker.

Vik Krikorian Armen Krikorian Broker of Record, Owner Sales Representative Market Value Appraiser [email protected] Real Estate Specialist 416-885-8345Accredited Buyer Representative www.ArmenHomes.com [email protected] 416-822-0706 www.ListMyHouse.info

REALTY EXECUTIVES EXPERTS INC.Brokerage

Independently Owned and Operated

vik krikorian armen krikorian

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