RESULTS 2019 - Courtney Dudek Homes
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2019 • RESULTS #1 Largest Real estate salesforce in the world • #1 in sales volume and units in the United States • $1.3 Billion and counting in profit share paid • $8,223,326,119 in Agent Income in 2019 alone • More Real estate offices and Real Estate Agents in REAL Trends and The Wall Street Journal • #1 Training company in the world • #1 Happiest Place to Work in America • #13 Top place to work in America • KW Culture taught at Stanford and Harvard Courtney Dudek Licensed Associate Broker O: (585) 256-5470 C: (585) 749-7996 Courtney@courtneydudekhomes.com CourtneyDudekHomes.com 1880 Rochester Rd. Canandaigua, NY 14424 2000 S Winton Rd Rochester, NY 14618 Each Office is Independently Owned & Operated
Courtney Dudek Homes OUR TEAM PHILOSOPHY: As a team, we desire to provide a client focused, next level Real Estate experience that helps our clients, many of whom we con- sider friends, to achieve their Real Estate goals. Whether you GAS & ELECTRIC SERVICES are buying or selling, we take pride in being knowledgeable, RG&E SPENCERPORT ELECTRIC NATIONAL GRID trustworthy and accessible and believe that Doing our job well (800) 295.7323 (585) 352.4771 (800) 642.4272 beings with relationship. We believe that working together we are able to provide top level service for our most valuable re- NYSEG FAIRPORT ELECTRIC source… You, Our Client! (800) 572.1111 (800) 295.7323 Courtney Dudek Courtney@CourtneyDudekHomes.com PHONE SERVICES Licensed Real Estate Salesperson Direct: 585.749.7996 SRES, PSA, ABR Office: 585.256.5470 FRONTIER TELEPHONE AT&T T-MOBILE (800) 921.8101 (585) 381.1810 (585) 272.9533 Courtney has years of experience in Real Estate and has become a trusted, knowledgeable and passionate resource, always making sure to understand her clients’ perspective, needs and goals. Growing up in Penfield and living in the area SPRINT WIRELESS VERIZON WIRELESS for many years, Courtney has a true appreciation for Greater Rochester, its (585) 272.1400 (585) 242.8866 communities, family activities, schools and sports. As a special focus within the industry, Courtney has worked hard to understand the unique needs and challenges that confront our Senior population and to be a trusted resource for them and their families during life transitions. Courtney lives in Penfield and she TV & INTERNET SERVICES most enjoys spending time with her family, cooking, reading a good book and traveling as often as her busy life allows. SPECTRUM DISH NETWORK DIRECT TV Colin Dombek CDombek@kw.com (800) 892.4357 (800) 796.7160 (855) 493.3473 Licensed Real Estate Salesperson Direct: 315.729.5440 Colin is a knowledgeable and professional real estate agent, a committed ally who will negotiate on your behalf, and someone who works hard to understand the market, research information and provide top level service to his clients. Upon graduating WATER & REFUSED SERVICES from SUNY Brockport with a Bachelor's Degree in Accounting, he worked as billing CANANDAIGUA SUBURBAN DISPOSAL WASTE MANAGEMENT specialist at a Real Estate law firm in Rochester for several years and saw the busi- ness from that side. Wanting to make a bigger difference in people's lives, he ob- WATER (585) 352.3900 (800) 892.4357 tained his Real Estate License and loves the opportunity to share his knowledge and Town: (585) 394.1120 insight with his clients to assist them in making their Real Estate goals a reality. REFUSE COLLECTION Whether you are a first-time home buyer or looking for your forever home, Colin has City: (585) 396.5060 the care and the drive to work for you through the entire transaction and get you to (585) 428.5990 the closing table. MONRE COUNTY Brandy Osorio brandyfosorio@gmail.com WATER AUTHORITY YOUNGBLOOD DISPOSAL LILAC DISPOAL Licensed Real Estate Salesperson Direct: 315.719.9951 (585) 442.2000 (585) 245.7081 (585) 872.6500 Brandy is an organizational master. With experience managing military housing units, running business offices and planning numerous events, she brings her talents to our team as real estate professional. Brandy was born and raised in Sodus, N.Y. and now OTHER HELPFUL CONTACTS: reside in Palmyra, N.Y. She has been married to her husband Rob for 16 years and they have two beautiful children. Family is a very important value in her life. She is GENERAL HELP LINE: DIAL 311 CITY OF ROCHESTER: active within her community, children’s school, and sports, as well as a Veterans POISON CONTROL: (800) 222.1222 WWW.CITYOFROCHESTER.GOV advocate. She also coaches for Gananda Youth Cheerleading. Brandy is passionate about volunteering and is willing to take on any challenge that life brings on. NYS DMV: (518) 473.5595 POST OFFICE: WWW.DMV.NY.GOV WWW.USPS.COM
Jordan Cunningham info@courtneydudekhomes.com Office: 585.256.5470 Executive Assistant Jordan is the newest member of the Courtney Dudek Homes Team. She is a recent Monroe Community College graduate who has long been interested in Real Estate. Jordan brings experience in customer service, management and an outgoing person- ality which will provide our Clients with the exceptional Client Experience that we strive to provide. Jordan is a true team player and has great attention to detail, which allows her to fit right in as our Executive Assistant and Client Relationship Coordina- tor. Jordan comes from a big family and has lived in the area all of her life. When she is not working you will find her spending time with family and friends. She is an avid animal lover and enjoys her newfound love of euchre! Rumella Cameron rumellac25@gmail.com Direct: 585.298.7786 Licensed Real Estate Salesperson Growing up in Rochester, Rumella is a local expert and has long been invested in the local community and loves giving back. She knows the Rochester market and is excited to help clients and friends achieve their dream of home ownership. Rumella wears many hats in- cluding mom, politician, entrepreneur and pro wrestler. She is also a certified credit repair specialist and can assist with our clients who need some credit repair in order to qualify to purchase a home. Her tenacious, hard-working personality is the perfect fit for clients who need an advocate on their side. When she is not busy working, she loves spending time with her family, cooking good meals and finding new adventures. Kathleen Higgins khiggins@kw.com Direct: 585.469.5466 Licensed Real Estate Salesperson Kathleen brings her sparkling personality to the Courtney Dudek Homes Team. She is a Real Estate professional committed to providing an exceptional experience to her clients from their first meeting to beyond the closing table. Kathleen has a can do, never give up attitude which she transfers to her passion for helping people realize their Real Estate dreams. She brings an array of customer service experience to this role, which helps her make clients into friends for life. Her friends, family, and fur babies mean the world to her. Kathleen’s favorite place to be when she is not working, is in the sunshine, preferably with an ocean view! Greg Vavrick GVavrick@gmail.com Licensed Real Estate Salesperson Direct: 585.943.6950 Greg brings more 15 years of sales and customer service experience to the team and places great importance on the value of relationship building. Greg enjoys applying his expertise and market knowledge by working with a wide range of clients including first time home buyers, real estate investors and those relocating to the greater Rochester area. Real estate is much more than a "job" for Greg; its about bringing together his love of the business with his passion for helping others, especially navigating the complexities of real estate transactions. As a lifelong resident of Rochester's East side, Greg currently resides in Fairport with his wife and 3 children. While there's rarely a dull moment raising 3 active children, when he does find time to unwind, Greg enjoys boating, golfing and outdoor fun with his family.
Courtney Dudek Homes Listing Package Looking for a Real Estate Attorney to get your And deal closed? Look No further, we have some Excellent Referrals for you! What You Can Expect 1. A 1-hour walk through pre-listing appointment—with the following within 24hours: Creary Law Group, PC You will receive a prioritized list of recommendations for you to complete William J Creary Jr. Assistance with securing outside resources, if necessary, for contract work or significant staging or 30+ ears Experience Creary Law Group PC de-cluttering that needs to be done. Office: 585 .586.8480 (Any cost associated with this will vary based on the specific needs) Fax: 585.586.8097 A comparative Market Analysis (CMA) to be prepared and supplied to help determine market value and recommended list price—if requested. Info@crearylaw.com 18 North Main Street Listing Paperwork will be available for your review, and will need to be signed and returned to our office. Pittsford, NY 14534 A follow up Listing appointment will be scheduled on the earliest available date, once the suggested work has been completed. 2. A 2-3 hour Listing Appointment, during which you can expect: Staging and preparation for the professional photos and video Scott Sydelnik Marketing information to be obtained for the Custom Property Brochure, including room descriptions and measurements. Partner Professional photography and 360 video of the interior and exterior. Office: 585.760.2348 3. Within 24 hours of the Listing Appointment you can expect: Fax: 585.784.8917 Your home to be added to the Multiple Listing Service (MLS) including photos and video. ssydelnik@davidsonfink.com 28 East Main Street Verification that your listing is visible on all Local and National websites. Suite 1700 Production and Delivery of a Custom Property Brochure Rochester, NY 14614 Installation of a Courtney Dudek Homes custom sign in your yard and a lock box for secure showings. Scheduling of a catered Brokers Open when requested (emails and personal invites to top Kevin Brzezinski brokers/agents.) Vice President and Share Holder Scheduling of a Public Open House. Office: 585.310.7442 4. Ongoing Marketing and Services provided Fax: 585.310.7559 Include your property on over 100 websites Weekly emails with updates reflecting showing and open house schedules along with current market activity. kbrzezinski@blockandlongo.com Feedback on every showing and open house within 24 hours 1173 Pittsford Victor Road 5. Added Features for our clients Suite 220 Professional Cleaning either prior to listing or at closing after you have moved out—no charge to client. Pittsford, New York 14534 Professional Photography and Videography—no charge to client.
Are you in need of a Mortgage Lender? Here is a List of Lenders we highly recommend: Sayuko Oishi Senior Loan Officer NMLS# 62463 Cell: 585.721.6907 Office: 585.241.000 Ext. 114 2541 Monroe Ave. , Direct: 585.363.7114 Rochester NY 14618 Fax: 585.456.1130 Sayuko@PremiumMortgage.com • We provide a one-time FREE cleaning service to all of our sellers Michael A. Monile Mortgage Consultant • Pre-List or Pre-Closing Cleaning ; The choice is yours MLO# 404168 Cell: 585.455.6260 Office: 585.641.0060 Ext. 408 57 Monroe Ave. • Partnered with Shine to Perfection who Toll Free: 877.318.8232 Pittsford, NY 14534 has many years of experience Fax: 585.641.0070 Michael.monile@1stprioritymortgage.com • Windows, Doors, Floors, Appliances, Bathrooms, Trim and more Rachel Wiener • We do it all so you don’t have to worry Loan Originator NMLS# 1483829 Cell: 585.261.9983 • Your home will be Ready for Photo’s or Office: 585.625.1234 3144 South Winton Rd. Move-In Ready for the New Home Owners Fax: 866.908.1686 Suite 600 Rachel.wiener@primelending.com Rochester, NY 14623 • We stand behind our service 100%
DECIDE TO BUY The Decision to purchase your first home is one of the biggest and best decisions you could ever make. After all, a home is the largest (and most emotional ) investment most people will ever make. HIRE YOUR AGENT When you’re looking for a real estate professional to help you, know that above all else, good agents put their clients first. This is your dream, and your agent is your advocate to help make your dream come true. SECURE FINANCING We Provide Professional Real Estate Photography Ultimately, your lender will pre-approve you for a certain amount, but YOU will decide what you’re com- fortable paying every month. Remember, your lender only sees your finances on paper. It’s up to you to decide how much you’re willing to stretch your budget in order to get into your dream home. Why Professional Photography? FIND YOUR HOME • HOLDS BUYERS So now you’re ready to begin your search, but where do you begin? There are a lot of homes out • HELPS SET THE there and diving in without a guideline can become overwhelming & confusing. A great agent will ATTENTION FOR TONE IN A help you more accurately pinpoint homes that fit your criteria. 20 SECONDS COMPETITIVE COMPARED TO 2 SECONDS. MARKET FOR MAKE AN OFFER IMMEDIATE • BUYERS FIND EXPOSURE Once you’ve found your dream home, the step is making a compelling offer. Your agent will re- THAT THE search similar properties in the neighborhood to help you determine the market value, and fair • LISTINGS WITH price for your home. Look to your agent to guide you through the offer process. PROFESSIONAL PROFESSIONAL PHOTOS ARE USEFUL WHEN PHOTOGRAPHY PERFORM DUE DILIGENCE RECEIVE MORE MAKING A Just because you love a particular property doesn't mean that its perfect. In fact, this is where rea- ATTENTION son has to trump emotion. You’ll need to have a property inspection (which we highly recommend PURCHASING FROM you attend) that will expose any hidden issues. DECISIONS INDIVIDUALS LOOKING TO BUY CLOSE Once you’ve made your offer and have completed the inspection process, you’re in the “home” stretch! But, in order to ensure that you don’t put your closing date, or your mortgage at risk, you have a few pre-closing responsibilities that you’ll need to be mindful of. www.CourtneyDudekHomes.com PROTECT YOUR INVESTMENT Congratulations, and welcome home! The home-buying process is complete, but just like any big process, there’s a maintenance plan!
Client Testimonials To be the real estate OUR VALUE: COMPANY OF CHOICE for agents and their customers. Courtney has been amazing to work with. We have gotten two houses from her and she has been excellent both times. She is also “Courtney Dudek worked to locate properties for me personable and is very responsive to questions in a small radius, and she found the perfect one! and the selling process. She's got a terrific attitude and is always gracious with her “I met Courtney through a friend, while beginning a I recently had the pleasure of working with Colin home search in late 2014. Upon contacting Dombek and Courtney Dudek in purchasing my first Courtney, she responded promptly and arranged a home and they both did an awesome job! Being my time for us to meet. She is personable, hard- first home purchase, I had a ton of questions and working, understanding and knowledgeable. I never Colin made sure to get back to me with an answer felt pressure from her to settle for a home I did for every single one. I would definitely recommend not completely like and she was transparent about working with this team. Thank you! the home process and how her team would be able to advocate for me. Courtney was always able to “Courtney was actually recommended to us from a present me with the newest homes on the coworker who has known her for 20+ years, came market that fit the criteria I had set with her. Even if highly recommended and defiantly lived up to her she had prior meetings, she coordinated her team to reputation. We felt well taken care of, our housing work with me until she was available again. This needs were heard and she was very patient with us always kept the home search moving forward. I through our home search. Courtney was cannot say enough about how happy I am with the experienced, great to deal with and always got us a home Courtney helped me find and appreciative of house viewing apt when we asked. She's an agent the many hours she dedicated to my search.” to trust and was a pleasure to deal with. She helped find our dream 1st home and we are extremely “Courtney Dudek has worked with my husband and thankful for that. If you're looking for someone i for two houses now i would not go with a different knowledgeable of the Rochester area, someone that realtor she has done so much for us. She has cares about finding the right home for you, I highly fought for us to get the process moved along I am recommend Courtney for your next home search.” very grateful for her help and support. I love the team and am super grateful for all they do for us. Thanks for everything.” “Courtney is a great agent! Selling our home was very emotional for us and she walked us through every step! She started well in advance of the sale guiding us through the steps to make the process smooth. We were able to sell our home and buy our next home in the time frame we needed. Thank you, Courtney!!” www.CourtneyDudekHomes.com
ARE LASTING IMPRESSIONS EXTERIOR: The exterior of your home often determines how buyers will view the interior, so: >Check your curb appeal; a well-groomed lawn or walkway free of debris' goes a long way. >Paint or replace your front door if it is faded or worn. >Add some paint to shutters, trim and any oth- er outside features showing signs of water. >Plant flowers or group flower pots together. HINT: Yellow evokes a buying emotion. Marigolds are inexpensive. >Make sure your visitors can easily read your house number. { >CLEAN: Spotless Kitchens, Baths, Patios and Decks >CLUTTER FREE: No personal Items, Creating a Show-Home Look >COLOR: Warm Rooms With Color Accents
FIRST IMPRESSIONS When You Work With Us, You Get: • An experienced real estate agent with an expertise in the selling process from listing to close • Marketing savvy tools to get your home top-tier exposure • • An allied partner looking out for you and your home throughout the selling process • Giving potential buyers • Expertise in listing, pricing, staging and selling your home to the right buyer quickly a strong first impression matters. • • Staging your home is We Commit to Helping Your Home Sell By: • a proven way to make • Smoothing the way for your listing and sale with guaranteed satisfaction your home stand out! • Providing knowledgeable pricing and staging to make sure your home puts its best foot forward • • Using our unique marketing systems to maximize your property’s exposure • Guaranteeing satisfaction– our relationship is dependent on meeting and exceeding your needs TECHNOLOGY RELIABILITY Buyers often see the surface condition of Leading-edge tech tools and training give me the edge in INTERIOR: your home as a sign of what’s underneath, so: effectively marketing your property online, 24 hours a day, seven days a week! Through KW’s exclusive Keller Wil- Founded on the principles of trust and honesty, Keller Williams Realty emphasizes the importance of having the integrity to do the right liams Listing System (KWLS), your property is fed to more thing, always putting your needs first. It >Get rid of clutter. Removing your >Keep windows and floors clean. than 350 online search engines and available on KW’s Web reinforces my belief that my success is ultimate- personal belongings will allow the buyer network of more than 76,000 sites. ly determined by the legacy I leave with each >Steam clean carpeting or replace is necessary. client I serve. to imagine this as their future home. Best of all, because of Keller Williams Realty’s “My Listings, My Leads” philosophy, every single Internet inquiry on your >Apply a fresh coat of paint, but keep the property will come directly to me so that I can follow up TEAMWORK colors neutral. >Repair loose knobs, sticking doors & quickly on potential buyers for your property. windows, warped cabinet drawers and Keller Williams Realty was designed to reward >Repair any faulty items like dim lamps or other flaws. agents for working together. Based on the belief doors that do not open properly. that we are all more successful if we strive toward >Check and repair caulking in bathtubs KNOWLEDGE a common goal rather than our individual interests, >Make sure your front entrance is clean and and showers. Keller Williams Realty helps me stay ahead of trends in the real I’m confident that every Keller Williams profession- inviting. estate industry through its comprehensive, industry-leading train- al shares the common goal of serving you, my cli- ing curriculum and research resources. It’s what prepares me to ent, in the best way possible. >Polish chrome faucets and mirrors. provide you with unparalleled service. >Dust furniture, ceiling fan blades and light fixtures. TRACK RECORD I’m proud to work with the largest real estate franchise in the World by agent count. It’s proof that when you offer a superior level service, the word spreads fast. TO MAXIMIZE THE VALUE OF YOUR HOME, WE RECOMMEND THE THREE C’S OF STAGING:
REPORT TO YOUR SELLER ATTORNEY APPROVALS AGENT AN EXPERT GUIDE. Selling a home usually requires dozens of COORDINATE forms, reports, disclosures, and other tech- WITH YOUR INSPECTION SCHEDULED nical documents. A knowledgeable expert SELLER will help you prepare the best deal, and avoid UP-TO-DATE EXPERIENCE. delays or costly mistakes. Also, there’s a lot of Most people sell only a few homes in a lifetime, jargon involved, so you want to work with a pro- usually with quite a few years in between each fessional who can speak the language. sale. Even if you’ve done it before, laws and reg- ulations change. REALTORS® handle hun- MORTGAGE COMPANY CREDIT APPRAISAL REPORT dreds of transactions over the course of their ca- reer. OBJECTIVE INFORMATION AND OPINIONS. VERIFICATION ® REALTORS can provide local information YOUR ROCK DURING EMOTION- UNDERWRITING on utilities, zoning, schools, and more. They AL MOMENTS. also have objective information about each property. REALTORs® can use that data to A home is so much more than four walls and a help you determine if the property has what roof. And for most people, property represents you need. the biggest purchase they’ll ever make. Having a REPORT TO concerned, but objective, third party helps you YOUR SELLER LOAN APPROVAL stay focused on the issues most important to AGENT you. PROPERTY MARKETING POWER. Property doesn’t sell due to advertising alone. A ETHICAL TREATMENT. TITLE COMPANY TITLE SEARCH large share of real estate sales comes as the result of a practitioner’s contacts with previous Every REALTOR® must adhere to a strict code clients, friends, and family. When a property is of ethics, which is based on professionalism marketed by a REALTOR®, you do not have to and protection of the public. As a REALTOR®’s allow strangers into your home. Your REAL- client, you can expect honest and ethical treat- REPORT TO TOR® will generally prescreen and accompany ment in all transaction-related matters. YOUR SELLER GATHER PAPERWORK– MAKE SURE qualified prospects through your property. AGENT ALL CONDITIONS ARE SATISFIED NEGOTIATION KNOWLEDGE. COORDINATE SCHEDULE WITH YOUR- CLOSING SCHEDULED WITH ALL FINAL There are many factors up for discussion in SELLER PERTINENT PARTIES WALK- THROUGH a deal. A REALTOR® will look at every an- gle from your perspective, including crafting a purchase agreement that allows you the flexibility you need to take that next step. REPORT TO YOUR CLOSING– DEED TRANSFERRED SELLER AND RECORDED
MAKE A LISTING APPOINTMENT PREPARE A COMPETITIVE MARKET As a home buyer you should know about ANALYSIS (CMA)-MARKETING & seller concessions, also called seller contributions! PAPERWORK An agreement can be made between you and the seller where the seller TAKE PHOTOS pays for certain financing costs on your behalf at closing. In addition to GO ON LISTING APPOINTMENT AND OF YOUR benefiting buyers by helping to pay for closing costs, concessions can HOME FOR THE be a good way for sellers to sell their home faster. FILL OUT LISTING PAPERWORK MLS SELLER CONCESSIONS CAN PAY: APPRAISAL FEES ATTORNEY’S FEES UPLOAD HOME PUT PROPERTY IN MLS PHOTOS TO THE MLS LOAN PROCESSING FEES TITLE INSURANCE HOME SALE WITHOUT A SELLER CONCESSION: ORDER A YARD SIGN PROPERTY BROCHURES • A seller’s property is listed at $210,000 and a buyer offers $203,700. MEET WITH CONTACT PROSPECTS AND MONITOR SELLER AGENT MARKET REACTION COMMUNICATION WHEN A SELLER CONTRACT INCLUDES, REPORT TO SET UP SHOWINGS IS KEY!!! • A seller’s property is listed at $210,000 and a buyer offers this full YOUR SELLER AGENT amount with 3% seller concession. • The seller nets $203,700 MARKET TO ALL APPROPRIATE • ($210,000 minus $6,300 for seller concession). REPORT TO YOUR SELLER OUTLETS FOR MAXIMUM EXPOSURE • The buyer purchases the home at $210,000 and receives the $6,300 AGENT toward closing costs by paying the full asking price. SPEAK WITH YOUR SELLER SCHEDULE OPEN HOUSES NET SHEET AGENT MEET WITH NEGOTATION COUNTER YOUR SELLER OFFER RECEIVED & NEGOTIATED OFFER AGENT SPEAK WITH EARNEST YOUR SELLER OFFER ACCEPTED MONEY AGENT
THE RIGHT PRICE MEANS A SUCCESSFUL SALE We want your home to be shown in the best possible light to prospective buyers to get you top dollar in the shortest amount of time. We will create a warm and inviting environment focusing on the best architectural features and selling points of your home . Pricing your home is both an art and a science. Achiev- ing the optimal price is the result of both objective research into comparable properties and a gut feeling aboutyour Keller Williams agents strategically advertise in several publications. Our display advertising appears in local, property and the current market. regional and national / international publications, which target specific audiences for unique or estate properties. Your sales agent will select the publications appropriate for the marketing of your property. > Your home will attract the most excitement from potential buyers and agents when it is new on the market. Put on All Marketing Materials Designed to Direct User to another destination. • Reach the Influential • Find “Hidden Buyers” • Create Excitement • Invitations to Open Houses
PRICING YOUR HOME TO SELL The right price > Attract Buyers. should: > Help You Sell as Quickly as Possible > Allow You to Receive the Best Offer(s) for Your Home The simple fact is, price is the number one factor that helps home buyers determine which homes they want to view. It’s important to remember that, although the price is set by you, the value of the home is determined by the buyer. FACTORS THAT AFFECT FACTORS THAT SHOULD NOT YOUR ASKING PRICE: AFFECT YOUR ASKING PRICE: > How quickly you need to sell. > The original cost of the property; > The amount of competition in your is determined by today’s market. price category and area. > Any investments you’ve made in improvements. > The availability, flexibility and afford > The cost to build your home today. ability of financing. > Emotional attachment. > The sale prices of similar homes > The opinions of friends and neighbors. sold in your area during the past six Holding an open house is serious business. Below is a months to one year. chart that shows you exactly how we can maximize open houses to sell your property. PROBLEMS THAT CAN ARISE FROM OVERPRICING: > You might help sell similar homes that are priced lower. > Your home may stay on the market longer. > You could lose money as a result of making extra mortgage payments while incurring taxes, insurance and unplanned maintenance costs. > You may have to accept less money. > A potential buyer may face appraisal and financing problems as a result of the inflated price.
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