Blog

 


 

 

 

 

Questions / Answers

 

 

Frequently Asked Questions and Answers  

Can my home be listed with another Real Estate agent or do I have to be listed with Hallmark Sotheby’s International Realty?
Answer: You Do NOT have to list with Hallmark Sotheby’s International Realty in order to enter the contest. However in order to accept the grand prize, ONLY the winning home must sign a listing contract with Hallmark Sotheby’s International Realty.
 

What kind of updates will be done to my home?
Answer: Every home is unique. To maximize the prize potential our objective is to stay within the budget of $50,000 to improve the overall market value of your home. Our goal is to sell your home for more than it is worth in its current state, by making the “right” updates that will net you the most money.

The contest prize is EXTREME Staging. What will get done is dependent on what will improve the overall market value:
Examples of what might be done

•  Interior
   
  Walls may be painted
   
  Wallpaper may be taken down
   
  Floors may be redone/refinished
   
  Lighting may be replaced
   
  Countertops may be replaced
   
  New hardware may be installed in kitchen and bathroom
   
  New appliances may be installed
   
  Home will be professionally staged
    
  Moldings may be installed

•  Exterior
    
  Shutters may be added
    
  Exterior lighting may be updated
    
  Exterior moldings may be updated
    
  Outdoor walkways may be updated/installed
    
  New plantings (plants, bushes, trees etc) may be added to create better curb
        appeal
    
  Edging may be done 
    
  Mulch may be added 

Seller: What if my home is already listed with another Real estate agent; can I still enter the contest?
Answer:
You may enter if you are listed with another Real estate agent. However,  as stated in the rules, in order to accept the grand prize, the winning homeowner must sign a listing contract with Hallmark Sotheby’s International Realty. Because of this, you would only be eligible to receive the grand prize if you were not currently listed with another company as of March 31, 2010.  

What is the deadline for entering the contest?
Answer:
All contest entries must be received by midnight on April 15, 2010.  The winner will be announced on April 26th 2010.  

Seller: How will the six finalists be selected
Answer: The six finalists will be selected based on their essay submissions.

Seller: How will the winner be selected?
Answer: The winner will be picked based on the highest rating of the home inspection out of the six finalists.

Seller: What are my responsibilities/what do I need to provide if I am picked for the final 6?
Answer:

  If property has a septic system, seller must have Title V in hand by March 31st 2010 
  Title V is good for three years
  Seller will have to Contact Digsafe to mark for any power lines
  Seller may be required to store personal belongings depending upon the scope of
   the design work to be done
  Our attorney will do a title search at no cost to you
  Our Home Inspector will rule out any structural or major flaws in the house
  Seller responsible for any required documentation/certificates for closing

Seller: What are the Prizes? 

One Grand Prize Winner
One Grand Prize Winner will receive a “facelift” worth up to $50,000!
Have our dream team of Designer, Builder, Landscaper and Realtor increase the market value of your home.


Five Semi-Finalists will receive:
• Flip HD CAMCORDER
• Free Professional Landscaping Plan and Consultation with a Weston Nurseries
   Garden Coach.
• Free two hour in home exterior and interior design consultation with Phillips Design
   and Gilmore Building Co.
• Attorney representation for their home sale by the Law Offices of Irfan Nasrullah 


First 100 Entrants Receive 
• Complimentary consult with the Weston Nurseries Garden Coach
• Complimentary in home one hour interior and exterior initial consult with Phillips
    Design and Gilmore Building Co. 
 

Seller: Why am I going to be getting a 1099 tax form?
Answer: 
In the state of Massachusetts, receipt of any prizes with an approximate retail value of $600 and above, requires a 1099 tax form be filed with the IRS.  Check with your accountant for more details regarding 1099 and acceptance of prizes. 
 

Seller: Is there a limit to the number of entrants?
Answer: Yes, it is limited to 1000 entries only on a first come first serve basis. Tell your friends and family!

Seller: Will you sell my home for free?
Answer: No, our commission is still a standard fee as part of the selling transaction. Our contribution is the collaboration of the partners and the promotion of the contest to bring this opportunity to the towns that are eligible.

For any additional questions, please contact Muneeza Nasrullah, of Hallmark Sotheby’s International Realty, at 508.254.5312.

 





 

                                                                                          

 

Enter now  Prizes  |  Team  |  Rules  |  Home  |  FAQ's                                                           Website design by ivirtualsolutions