Fill a Valid Erc Broker Market Analysis Template
The Worldwide ERC® Broker’s Market Analysis and Strategy Report serves as a vital tool for real estate brokers, facilitating a comprehensive evaluation of a property’s condition, its competitive landscape, and its potential marketability. This report is not to be confused with a home inspection or an appraisal; rather, it focuses on producing a comparative market analysis that estimates the property’s Most Likely Sales Price (MLSP) based on its current state and projected marketing timeline. Brokers must adhere to specific procedural guidelines when contacting homeowners, inspecting properties, and submitting their reports, ensuring that all state-specific disclosure requirements are met. The report captures essential information, including the property’s address, homeowner details, and significant characteristics that may influence its market value, such as location type, lot characteristics, and any improvements made by the homeowner. Additionally, the form prompts brokers to assess the property’s condition, identify necessary repairs, and evaluate potential financing options, including any anticipated challenges that could impact the sale. Through this structured approach, brokers can provide clients with a detailed analysis, enabling informed decisions in the real estate market.
Additional PDF Templates
Us Passport Form - If you are not a U.S. citizen, you'll need to use a different application process.
The proper completion of the New York ATV Bill of Sale form is vital for facilitating the legal transfer of ownership in private sales. To help streamline this process and avoid any ambiguities, individuals looking to sell or purchase an ATV should access the form, which provides all necessary information for registration and documentation of the transaction.
Accord Forms - Employers are encouraged to review the completed form for accuracy before submission.
Similar forms
- Comparative Market Analysis (CMA): Similar to the ERC Broker Market Analysis form, a CMA evaluates the value of a property by comparing it to similar properties that have recently sold in the area. It helps agents set a competitive listing price based on current market trends.
- Motor Vehicle Bill of Sale - This document is crucial for verifying the transfer of ownership and can be obtained from legalpdfdocs.com.
- Property Condition Disclosure Statement: This document outlines any known issues with a property. Like the ERC form, it requires detailed observations about the property's condition, which can influence marketability and value.
- Real Estate Appraisal Report: While an appraisal is a formal assessment of a property's value, it shares the goal of estimating worth based on property condition and market comparisons, similar to the ERC analysis.
- Listing Agreement: This contract between a seller and a real estate agent outlines the terms of the property sale. It often includes market analysis information to justify the listing price, akin to the ERC form's purpose.
- Home Inspection Report: Although primarily focused on identifying structural issues, this report provides insights into property condition, much like the ERC Broker Market Analysis does regarding marketability.
- Market Trends Report: This document analyzes broader market conditions, including supply and demand. It is similar to the ERC analysis in its focus on factors affecting property value.
- Investment Property Analysis: This report assesses potential return on investment for rental properties. It evaluates market conditions and property specifics, paralleling the ERC form's assessment of future marketability.
- Seller's Property Information Sheet: This document gathers detailed information about the property from the seller. It aids in the analysis process, much like the ERC form compiles data to estimate sales price.
- Neighborhood Market Report: This report focuses on the local real estate market, providing data on comparable sales and pricing trends, similar to the ERC form's neighborhood analysis section.
- Financing Options Summary: This document outlines potential financing methods for a property, reflecting on how financing can impact marketability, akin to the financing considerations in the ERC analysis.
Document Specifics
| Fact Name | Description |
|---|---|
| Purpose | The form is designed to help brokers analyze property conditions, competition, and marketability. |
| Not an Appraisal | This report is a comparative market analysis, not an appraisal, and should not be used as such. |
| Most Likely Sales Price | The broker estimates the Most Likely Sales Price based on the property’s current condition. |
| State-Specific Requirements | Preparers must be aware of and include any state-specific disclosure requirements in the form. |
| Inspection Guidelines | Follow the requesting company's guidelines for contacting homeowners and inspecting properties. |
| Marketing Time | The analysis assumes a marketing time of no more than 120 days for a contract of sale. |
| Expiration Date | This version of the form expires on December 31, 2009. |
Things You Should Know About This Form
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What is the purpose of the ERC Broker Market Analysis form?
The ERC Broker Market Analysis form is designed to help real estate brokers conduct a thorough analysis of a property’s condition, competition, and future marketability. By completing this form, brokers can estimate the Most Likely Sales Price (MLSP) of the property. It is important to note that this analysis is not a home inspection or an appraisal.
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How is the Most Likely Sales Price (MLSP) determined?
The MLSP is estimated based on the property’s current condition and a marketing time frame that should not exceed 120 days, unless otherwise directed by the client. This estimate takes into account various factors, including the property’s location, improvements, and market conditions.
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What types of properties can be analyzed using this form?
This form can be used for various types of properties, including single-family homes, condos, townhouses, and mixed-use properties. It is essential that the broker selects properties that are comparable to the subject property to ensure a meaningful analysis.
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Are there specific state disclosure requirements that need to be included?
Yes, brokers must be aware of any state-specific disclosure requirements and include them in the analysis form as appropriate. This ensures compliance with local laws and regulations.
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What should be included in the property condition section?
The property condition section should detail any known issues or observations about the property. This includes items like evidence of water damage, structural problems, or maintenance issues. Providing accurate information helps in assessing the property's marketability.
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How should brokers handle financing information?
Brokers should identify the most probable means of financing for the property, such as FHA, VA, or conventional loans. They should also note any anticipated issues that might affect the ability to secure financing, along with any necessary financing concessions.
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What is the importance of analyzing comparable sales?
Analyzing comparable sales is crucial for understanding the market dynamics in the area. It helps brokers identify trends, pricing strategies, and the overall competitiveness of the subject property. This analysis should include properties that have sold recently and are similar to the subject property.
Documents used along the form
The ERC Broker Market Analysis form is a valuable tool for real estate brokers to evaluate properties and estimate their market value. In addition to this form, several other documents often accompany it to provide a comprehensive view of the property’s condition, market trends, and potential challenges. Below are some of the key forms and documents that are commonly used alongside the ERC Broker Market Analysis form.
- Comparative Market Analysis (CMA): This report compares the subject property to similar properties that have recently sold in the area. It helps in understanding the current market trends and assists in setting a competitive price for the property.
- Property Condition Disclosure Statement: This document outlines any known issues or defects in the property that the seller is aware of. It is important for transparency and can help potential buyers make informed decisions.
- Articles of Incorporation: The Articles of Incorporation form is essential for establishing a corporation, providing necessary legal recognition and compliance with state regulations.
- Listing Agreement: This is a contract between the property owner and the real estate broker, granting the broker the authority to sell the property. It outlines the terms of the sale, including the commission structure and duration of the listing.
- Inspection Report: Conducted by a licensed inspector, this report details the physical condition of the property, identifying any repairs or maintenance needed. It is essential for both buyers and sellers to understand the property's condition before proceeding with a sale.
Each of these documents plays a crucial role in the real estate transaction process. They help ensure that all parties involved have a clear understanding of the property's value, condition, and market position, ultimately leading to a smoother transaction.
Erc Broker Market Analysis Preview
Worldwide ERC® Broker’s Market Analysis and Strategy Report
Purpose: This report is designed to enable the real estate broker to conduct a diligent analysis of the subject property’s condition, competition, and future marketability. Based on this analysis, the broker is to estimate the subject property’s Most Likely Sales Price.
This is not a home inspection. Nor is this an appraisal; this comparative market analysis has not been performed in accordance with the Uniform Standards of Professional Appraisal Practice. It is not to be construed as an appraisal and may not be used as such for any purpose. Preparers of this form need to be aware of any
Procedural Guidelines: For procedures on contacting homeowner, inspecting property, submitting report, and providing photos, follow the requesting company’s guidelines. The Most Likely Sales Price (MLSP) is based on “as is” condition and a marketing time not to exceed 120 days to a contract of sale or as directed by the client.
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INFORMATION |
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File #: |
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Homeowner(s): |
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Property Address: |
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Home Phone #: |
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City, State, Zip: |
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Work Phone #: |
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BMA Requested by (Co. & Contact): |
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Requesting Co. Address: |
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Phone #: |
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City, State, Zip: |
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Fax #: |
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ASSIGNMENT |
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Real Estate Firm: |
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Contact Name: |
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Real Estate Firm Address: |
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Phone #: |
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City, State, Zip: |
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Fax #: |
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Agent Preparer: |
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Phone #: |
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Homeowner’s purchase price: $ |
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Date purchased: |
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INFORMATION |
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Improvements made by homeowner if any: |
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Is the subject currently listed? |
□ Yes |
□ No |
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Listing Company/Agent: |
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Form of Ownership: |
□ Fee Simple |
□ Leasehold |
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Occupant: |
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□ Homeowner |
□ Tenant |
□ Vacant |
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Type: □ Condo |
Coop |
PUD |
Single Family |
Mixed Use |
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Town House |
Modular |
Mobile Home |
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SUBJECT |
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□ Other: |
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Indicate any personal property that remains (e.g., refrigerator, range, etc): |
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Subject’s location type: |
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□ Urban |
□ Suburban |
□ Distant suburban |
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□ Rural |
□ Farm |
□ Resort |
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Lot Characteristics: positive/negative (explain): |
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Subject’s view: positive/negative (explain): |
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Locational issues OF WHICH you are aware that may affect the insurability of the property:
LOCATION |
Site Characteristics of which you are aware (check all that apply): |
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□ Private Street Access |
□ Private Street Maintenance |
□ Gated |
□ Alley |
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□ Easements/Encroachments |
□ Sidewalk |
□ Curbs/Gutters |
□ Street Lighting |
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SUBJECT |
□ Paved Street Surface |
□ Paved Driveway Surface |
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Miscellaneous of which you are aware (check all that apply): |
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□ Maintenance issues with neighboring properties |
□ Excess acreage or land |
□ Mobile homes/trailer park nearby |
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□ Subject located on or near designated environmental sites |
□ Location next to agricultural area |
□ Close proximity to hospital/firehouse, etc. |
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□ Neighborhood has restrictive covenants |
□ Subject located near railroad tracks |
□ Audible street or highway noise present |
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□ Located on or backs up to busy/main street |
□ Location in flood plain |
□ Location in earthquake zone |
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□ Location next to school or public park |
□ Property located on corner lot |
□ Access to subject property |
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□ Location near/in view of power lines/water towers/ radio towers |
□ Location next to industrial area |
□ Located on airport flight path |
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□ Additional Comments: |
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Check all other items of which you are aware that may affect the marketability or value of the subject property and comment below:
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□ Style of home not typical for the area |
□ Subject is over improved |
□ Subject is under improved |
MISCELLANEOUS |
□ Inadequate parking |
□ Functional obsolescence |
□ Steep driveway |
□ Proposed land use change |
□ Little sales activity in area or price range |
□ Estimated time to sell is more than 120 days |
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□ Proposed or pending assessments |
□ Property taxes not typical for area |
□ HOA has first right of refusal |
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□ HOA does not allow “for sale” signs on property |
□ HOA fees not typical for the area |
□ Other |
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Comments: |
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Copyright © 2008 by Worldwide ERC®
Rev. 01/07/2009 |
This Form Expires 12/31/2009 |
Page 1 of 6 |
SUBJECT CONDITION
INSPECTIONS/DISCLOSURES
Property Condition
For all the following of which you are aware or observe in viewing the property, check the appropriate box(es) and describe:
□Décor of home is personalized or dated:
□Incomplete construction:
□Evidence of past or present water damage:
□Cracks or stains on walls, floors, or ceilings:
□Oil tank (abandoned):
□Oil tank (in use):
□Underground storage tank (abandoned):
□Underground storage tank (in use):
□Synthetic stucco:
□Suspected structural problems:
□Evidence of odor:
□Evidence of pet damage:
□Evidence of deferred maintenance: Additional Comments:
Recommended Repairs and Improvements |
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Interior Items |
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R&I Estimates |
□ Paint |
Estimated cost per item: $ |
Comment: |
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□ Flooring |
Estimated cost per item: $ |
Comment: |
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□ Wall paper removal |
Estimated cost per item: $ |
Comment: |
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□ Appliances |
Estimated cost per item: $ |
Comment: |
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□ Cabinets |
Estimated cost per item: $ |
Comment: |
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□ Light fixtures |
Estimated cost per item: $ |
Comment: |
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□ Countertops |
Estimated cost per item: $ |
Comment: |
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□ Bathroom fixtures |
Estimated cost per item: $ |
Comment: |
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□ Other: |
Estimated cost per item: $ |
Comment: |
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□ Other: |
Estimated cost per item: $ |
Comment: |
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□ Other: |
Estimated cost per item: $ |
Comment: |
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Total Estimated Cost for Interior Repairs |
$ |
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Exterior Items |
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R&I Estimates |
□ Landscaping |
Estimated cost per item: $ |
Comment: |
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□ Paint |
Estimated cost per item: $ |
Comment: |
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□ Driveway/walkway |
Estimated cost per item: $ |
Comment: |
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□ Porch/deck |
Estimated cost per item: $ |
Comment: |
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□ Pool |
Estimated cost per item: $ |
Comment: |
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□ Spa |
Estimated cost per item :$ |
Comment: |
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□ Gutters |
Estimated cost per item: $ |
Comment: |
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□ Siding |
Estimated cost per item: $ |
Comment: |
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□ Trim |
Estimated cost per item: $ |
Comment: |
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□ Roof |
Estimated cost per item: $ |
Comment: |
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□ Detached structures |
Estimated cost per item: $ |
Comment: |
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□ Debris removal |
Estimated cost per item: $ |
Comment: |
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□ Windows and screens |
Estimated cost per item: $ |
Comment: |
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□ Other: |
Estimated cost per item: $ |
Comment: |
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□ Other: |
Estimated cost per item: $ |
Comment: |
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□ Other: |
Estimated cost per item: $ |
Comment: |
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Total Estimated Cost for Exterior RepairS |
$ |
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List all required, customary and additionally recommended inspections (e.g., municipal, certificate of occupancy, environmental, etc.): Required:
Customary:
Additionally recommended for the subject property:
Subject property issues OF WHICH you are aware that may affect insurability of the subject property:
List all required disclosures:
Copyright © 2008 by Worldwide ERC®
Rev. 01/07/2009 |
This Form Expires 12/31/2009 |
Page 2 of 6 |
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Identify the most probable means of financing for the subject: |
□ FHA |
□ VA |
□ Cash |
□ Conventional |
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□ Other: |
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Describe the terms of the financing type identified above: |
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Identify and describe any financing concessions that may be necessary to secure the sale of the subject property. |
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□ Points: |
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□ Closing Costs: |
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□ Other: |
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FINANCING |
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Do you anticipate any issues that may affect the ability to secure financing for the subject property (e.g., condition, zoning, environmental, HOA, etc.)? |
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□ Yes □ No |
If yes, comment: |
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If the subject property is a common interest development (e.g., condo, townhouse, PUD), what is the ratio of owners to investors? |
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□ N/A |
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Owners: |
% |
Investors: |
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(total MUST equal 100%) |
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HOA Fees: $ |
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How often are they paid? |
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□ Monthly |
□ Quarterly |
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□ |
□ Annually |
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Items included in HOA Fees: □ Trash |
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□ Landscaping |
□ Snow Removal |
□ Exterior Building Maintenance |
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□ Security/Concierge Services |
□ Insurance |
□ Taxes |
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□ Amenities |
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□ Common Area Maintenance |
WATER |
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SEWER |
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□ Other: |
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Are you aware of any special assessments covered by the HOA? |
□ Yes |
□ No |
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If yes, indicate the amount of assessment: $ |
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Describe what the special assessment covers: |
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Subject Neighborhood (For purposes of this report, the subject neighborhood is defined by the preparer of this form. Identify what you regard as the |
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subject neighborhood and then use statistics that you have gathered which reflect that market area. Note: the neighborhood might be a MLS area, a |
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particular section of a town, a specific subdivision, or an entire community. This is described as the “micro area.”) |
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Subject neighborhood is defined as: |
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Price Range: $ |
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to $ |
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Property Values are: □ Increasing |
% in past |
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months |
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□ Stable |
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Average |
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days |
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□ Decreasing |
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(# of days) |
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% in past |
months |
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Calculate the months supply of inventory (Absorption Rate): |
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Type of competing listings |
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New Homes |
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% |
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Resale |
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% |
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Number of active listings ÷ |
Avg. number of sales per month |
= |
Number of months needed |
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REO/Foreclosure |
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% |
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for the last 6 months |
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to sell existing inventory |
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Corporate |
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% |
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Total (MUST equal 100%) |
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100% |
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Describe all marketing concessions/incentives being offered to buyers and/or brokers on competing properties: |
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CONDITIONS |
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Recommend any marketing concessions/incentives that should be offered for the subject: |
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MARKET |
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Describe major corporation(s) in this neighborhood that are moving into, out of, or planning layoffs: |
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Describe current economic conditions (positive or negative) that may have an Effect on the marketability of the property: |
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Broader Market Area (For purposes of this report, the broader market area is defined as that area beyond the subject neighborhood in which buyers will |
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look for comparable properties. This is described as the “macro area.” In some instances, the broader market area will be the same as the subject’s |
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neighborhood. If this is the case, indicate it below.) |
What do you consider the “broader market area” to be for this property? |
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Are there any specific issues in the broader market area which are not reflected in the specific neighborhood that might affect the sale of the subject property? Consider types of competing homes (e.g., new construction, REO’s); incentives or concessions that are occurring; economic conditions; a dramatically different price range than the subject; days on market; etc.
Copyright © 2008 by Worldwide ERC®
Rev. 01/07/2009 |
This Form Expire 12/31/2009 |
Page 3 of 6 |
COMPETING LISTINGS
ITEM |
SUBJECT |
Competing Listing #1 |
Competing Listing #2 |
Competing Listing #3 |
||||||||||||
Address, City |
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Current MLS # |
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Proximity to Subject |
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Original List Price |
$ |
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$ |
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$ |
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$ |
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Current List Price |
$ |
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$ |
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$ |
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$ |
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Seller Concessions |
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Last Price Change Date |
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from original list date |
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Previous listing history for last |
Orig. List Price $ |
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Orig. List Price $ |
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Orig. List Price $ |
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Orig. List Price $ |
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Last List Price $ |
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Last List Price |
$ |
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Last List Price |
$ |
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Last List Price |
$ |
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12 months |
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DOM: |
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DOM: |
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DOM: |
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DOM: |
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Style |
□ Brick |
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□ Wood |
□ Brick |
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□ Wood |
□ Brick |
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□ Wood |
□ Brick |
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□ Wood |
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□ Composite |
□ Stone |
□ Composite |
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□ Stone |
□ Composite |
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□ Stone |
□ Composite |
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□ Stone |
|||||
Exterior Finish |
□ Aluminum |
□ Stucco |
□ Aluminum |
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□ Stucco |
□ Aluminum |
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□ Stucco |
□ Aluminum |
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□ Stucco |
|||||
(Check all that apply) |
□ Synthetic Stucco |
□ Vinyl |
□ Synthetic Stucco |
□ Vinyl |
□ Synthetic Stucco |
□ Vinyl |
□ Synthetic Stucco |
□ Vinyl |
||||||||
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□ Hardcoat Stucco |
|
□ Hardcoat Stucco |
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□ Hardcoat Stucco |
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□ Hardcoat Stucco |
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||||||||
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Composite |
□ Slate |
□ Composite |
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□ Slate |
□ Composite |
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□ Slate |
□ Composite |
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□ Slate |
|||||
Roof Type |
□ Tar |
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□ Tile |
□ Tar |
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□ Tile |
□ Tar |
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□ Tile |
□ Tar |
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□ Tile |
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□ Wood shake |
□ Tin |
□ Wood shake |
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□ Tin |
□ Wood shake |
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□ Tin |
□ Wood shake |
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□ Tin |
||||||
(Check all that apply) |
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□ Asphalt shingle |
□ Copper |
□ Asphalt shingle |
□ Copper |
□ Asphalt shingle |
□ Copper |
□ Asphalt shingle |
□ Copper |
|||||||||
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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□ None |
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□ None |
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□ None |
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□ None |
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□ Garage |
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# of Cars |
□ Garage |
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# of Cars |
□ Garage |
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# of Cars |
□ Garage |
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# of Cars |
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□ Attached |
□ Attached |
□ Attached |
□ Attached |
||||||||||||
Car Storage/Type |
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□ Detached |
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□ Detached |
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□ Detached |
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□ Detached |
||||||||
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□ |
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□ |
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□ |
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□ |
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||||||
(Check all that apply) |
□ Carport |
□ Carport |
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□ Carport |
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□ Carport |
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|||||||||
□ Attached |
□ Attached |
□ Attached |
□ Attached |
|||||||||||||
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□ Detached |
|
□ Detached |
|
□ Detached |
|
□ Detached |
||||||||
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□ Other: |
□ |
□ Other: |
□ |
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□ Other: |
□ |
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□ Other: |
□ |
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|||||
Year Built |
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Lot Size |
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Appx. Gross Living Area |
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Sq. Ft |
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Sq. Ft |
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Sq. Ft |
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Sq. Ft |
|
Above Grade Room Count |
Tot |
Brms. |
Baths |
Tot. |
Brms. |
Baths |
Tot. |
Brms. |
Baths |
Tot. |
Brms. |
Baths |
||||
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Basement |
□ None |
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□ Partial |
□ None |
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□ Partial |
□ None |
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□ Partial |
□ None |
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□ Partial |
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□ SLAB |
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□ Full |
□ SLAB |
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□ Full |
□ SLAB |
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□ Full |
□ SLAB |
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□ Full |
||
(Check all that apply) |
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□ Crawl Space |
□ Crawl Space |
|
□ Crawl Space |
|
□ Crawl Space |
|
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Basement Finish |
□ None |
|
□ Partial |
□ None |
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□ Partial |
□ None |
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□ Partial |
□ None |
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□ Partial |
|
Attic (Check all that apply) |
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|||||||||
□ Crawl Space |
□ Full |
□ Crawl Space |
|
□ Full |
□ Crawl Space |
|
□ Full |
□ Crawl Space |
|
□ Full |
||||||
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Attic Access |
□ Walkup |
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□ Hatch |
□ Walkup |
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□ Hatch |
□ Walkup |
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□ Hatch |
□ Walkup |
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□ Hatch |
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□ Pull down steps |
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□ Pull down steps |
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□ Pull down steps |
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□ Pull down steps |
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|||||||||
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||||||||||||
Bonus Room |
□ None |
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□ Barn |
□ None |
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□ Barn |
□ None |
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□ Barn |
□ None |
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□ Barn |
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|||||||||
Detached Structures |
□ Guest House |
□ Studio |
□ Guest House |
|
□ Studio |
□ Guest House |
|
□ Studio |
□ Guest House |
|
□ Studio |
|||||
(Check all that apply) |
□ Pool House |
□ Shed |
□ Pool House |
|
□ Shed |
□ Pool House |
|
□ Shed |
□ Pool House |
|
□ Shed |
|||||
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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Deck/Patio |
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Pool/Spa |
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Fireplace(s) |
□ Public |
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□ Private |
□ Public |
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□ Private |
□ Public |
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□ Private |
□ Public |
|
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□ Private |
|
Water Supply |
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|||||||||
□ Community |
□ Well |
□ Community |
|
□ Well |
□ Community |
|
□ Well |
□ Community |
|
□ Well |
||||||
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|||||||||||||
|
□ Septic |
|
□ Sewer |
□ Septic |
|
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□ Sewer |
□ Septic |
|
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□ Sewer |
□ Septic |
|
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□ Sewer |
|
Waste Disposal |
□ Cesspool |
|
□ Cesspool |
|
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□ Cesspool |
|
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□ Cesspool |
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|||||
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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|
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Type of Air Conditioning |
□ None |
|
□ Central |
□ None |
|
□ Central |
□ None |
|
□ Central |
□ None |
|
□ Central |
||||
□ Window/Wall |
□ Heat Pump |
□ Window/Wall |
□ Heat Pump |
□ Window/Wall |
□ Heat Pump |
□ Window/Wall |
□ Heat Pump |
|||||||||
(Check all that apply) |
||||||||||||||||
□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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||
|
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|||||
|
□ None |
|
□ Gas |
□ None |
|
|
□ Gas |
□ None |
|
|
□ Gas |
□ None |
|
|
□ Gas |
|
|
□ Propane |
|
□ Electric |
□ Propane |
|
|
□ Electric |
□ Propane |
|
|
□ Electric |
□ Propane |
|
|
□ Electric |
|
Type of Heating System |
□ Radiant |
|
□ Oil |
□ Radiant |
|
|
□ Oil |
□ Radiant |
|
|
□ Oil |
□ Radiant |
|
|
□ Oil |
|
□ Wood stove |
□ Solar |
□ Wood stove |
|
□ Solar |
□ Wood stove |
|
□ Solar |
□ Wood stove |
|
□ Solar |
||||||
(Check all that apply) |
|
|
|
|||||||||||||
□ Base Board |
□ Coal |
□ Base Board |
|
□ Coal |
□ Base Board |
|
□ Coal |
□ Base Board |
|
□ Coal |
||||||
|
|
|
|
|||||||||||||
|
□ Heat pump |
□ Radiator |
□ Heat pump |
|
□ Radiator |
□ Heat pump |
|
□ Radiator |
□ Heat pump |
|
□ Radiator |
|||||
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□ Other: |
|
|
□ Other: |
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|
|
□ Other: |
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|
□ Other: |
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|
Location |
|
|
|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Lot Characteristics |
|
|
|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
View |
|
|
|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Floor Plan Utility |
|
|
|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Ext. Condition’s Appeal |
|
|
|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Int. Condition’s Appeal |
|
|
|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Overall Rating of Listings as |
|
|
|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Compared to Subject |
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|
Listing #1: Date inspected: |
Comments: |
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|
||
Listing #2: Date inspected: |
Comments: |
|
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|
||
Listing #3: Date inspected: |
Comments: |
|
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|
|
|
||
Copyright © 2008 by Worldwide ERC®
Rev. 01/07/2009 |
This Form Expires 12/31/2009 |
Page 4 of 6 |
Instructions: Select sales within the last six months which are suitable and similar to the subject property and within the same/similar market area.
COMPARABLE SALES
ITEM |
SUBJECT |
Comparable Sale #1 |
Comparable Sale #2 |
Comparable Sale #3 |
|||||||||
Address, City |
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MLS # |
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|
Proximity to Subject |
|
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|
Original List Price |
$ |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
|
Final List Price |
|
|
|
$ |
|
|
$ |
|
|
$ |
|
|
|
Sales Price |
|
|
|
$ |
|
|
$ |
|
|
$ |
|
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|
Seller Concessions |
|
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Under Contract Date |
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Closing Date |
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from original list date |
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Previous listing history for last |
Orig. List Price $ |
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Orig. List Price $ |
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Orig. List Price $ |
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Orig. List Price $ |
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Last List Price $ |
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Last List Price $ |
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Last List Price $ |
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Last List Price $ |
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12 months |
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DOM: |
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DOM: |
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DOM: |
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DOM: |
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Style |
□ Brick |
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□ Wood |
□ Brick |
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□ Wood |
□ Brick |
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□ Wood |
□ Brick |
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□ Wood |
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□ Composite |
□ Stone |
□ Composite |
□ Stone |
□ Composite |
□ Stone |
□ Composite |
□ Stone |
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Exterior Finish |
□ Aluminum |
□ Stucco |
□ Aluminum |
□ Stucco |
□ Aluminum |
□ Stucco |
□ Aluminum |
□ Stucco |
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(Check all that apply) |
□ Synthetic Stucco |
□ Vinyl |
□ Synthetic Stucco |
□ Vinyl |
□ Synthetic Stucco |
□ Vinyl |
□ Synthetic Stucco |
□ Vinyl |
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□ Hardcoat Stucco |
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□ Hardcoat Stucco |
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□ Hardcoat Stucco |
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□ Hardcoat Stucco |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Composite |
□ Slate |
□ Composite |
□ Slate |
□ Composite |
□ Slate |
□ Composite |
□ Slate |
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Roof Type |
□ Tar |
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□ Tile |
□ Tar |
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□ Tile |
□ Tar |
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□ Tile |
□ Tar |
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□ Tile |
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□ Wood shake |
□ Tin |
□ Wood shake |
□ Tin |
□ Wood shake |
□ Tin |
□ Wood shake |
□ Tin |
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(Check all that apply) |
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□ Asphalt shingle |
□ Copper |
□ Asphalt shingle |
□ Copper |
□ Asphalt shingle |
□ Copper |
□ Asphalt shingle |
□ Copper |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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□ None |
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□ None |
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□ None |
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□ None |
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□ Garage |
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# of Cars |
□ Garage |
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# of Cars |
□ Garage |
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# of Cars |
□ Garage |
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# of Cars |
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□ Attached |
□ Attached |
□ Attached |
□ Attached |
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Car Storage/Type |
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□ Detached |
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□ Detached |
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□ Detached |
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□ Detached |
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□ |
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□ |
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□ |
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□ |
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(Check all that apply) |
□ Carport |
□ Carport |
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□ Carport |
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□ Carport |
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□ Attached |
□ Attached |
□ Attached |
□ Attached |
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□ Detached |
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□ Detached |
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□ Detached |
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□ Detached |
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□ Other: |
□ |
□ Other: |
□ |
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□ Other: |
□ |
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□ Other: |
□ |
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Year Built |
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Lot Size |
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Appx. Gross Living Area |
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Sq. Ft |
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Sq. Ft |
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Sq. Ft |
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Sq. Ft |
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Above Grade Room Count |
Tot. |
Brms. |
Baths |
Tot. |
Brms. |
Baths |
Tot. |
Brms. |
Baths |
Tot. |
Brms. |
Baths |
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Basement |
□ None |
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□ Partial |
□ None |
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□ Partial |
□ None |
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□Partial |
□ None |
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□ Partial |
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□ SLAB |
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□ Full |
□ SLAB |
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□ Full |
□ SLAB |
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Full |
□ SLAB |
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□ Full |
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(Check all that apply) |
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□ Crawl Space |
□ Crawl Space |
□ Crawl Space |
□ Crawl Space |
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Basement Finish |
□ Full |
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□ Partial |
□ Full |
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□ Partial |
□ Full |
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□ Partial |
□ Full |
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□ Partial |
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Attic (Check all that apply) |
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□ Crawl Space |
□ None |
□ Crawl Space |
□ None |
□ Crawl Space |
□ None |
□ Crawl Space |
□ None |
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Attic Access |
□ Walkup |
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□ Hatch |
□ Walkup |
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□ Hatch |
□ Walkup |
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□ Hatch |
□ Walkup |
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□ Hatch |
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□ Pull down steps |
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□ Pull down steps |
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□ Pull down steps |
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□ Pull down steps |
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Bonus Room |
□ None |
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□ Barn |
□ None |
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□ Barn |
□ None |
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□ Barn |
□ None |
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□ Barn |
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Detached Structures |
□ Guest House |
□ Studio |
□ Guest House |
□ Studio |
□ Guest House |
□ Studio |
□ Guest House |
□ Studio |
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(Check all that apply) |
□ Pool House |
□ Shed |
□ Pool House |
□ Shed |
□ Pool House |
□ Shed |
□ Pool House |
□ Shed |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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Deck/Patio |
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Pool/Spa |
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Fireplace(s) |
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Water Supply |
□ Public |
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□ Private |
□ Public |
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□ Private |
□ Public |
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□ Private |
□ Public |
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□ Private |
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□ Community |
□ Well |
□ Community |
□ Well |
□ Community |
□ Well |
□ Community |
□ Well |
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□ Septic |
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□ Sewer |
□ Septic |
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□ Sewer |
□ Septic |
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□ Sewer |
□ Septic |
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□ Sewer |
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Waste Disposal |
□ Cesspool |
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□ Cesspool |
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□ Cesspool |
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□ Cesspool |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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Type of Air Conditioning |
□ None |
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□ Central |
□ None |
□ Central |
□ None |
□ Central |
□ None |
□ Central |
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□ Window/Wall |
□ Heat Pump |
□ Window/Wall □ Heat Pump |
□ Window/Wall □ Heat Pump |
□ Window/Wall □ Heat Pump |
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(Check all that apply) |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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□ None |
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□ Gas |
□ None |
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□ Gas |
□ None |
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□ Gas |
□ None |
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□ Gas |
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□ Propane |
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□ Electric |
□ Propane |
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□ Electric |
□ Propane |
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□ Electric |
□ Propane |
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□ Electric |
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Type of Heating System |
□ Radiant |
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□ Oil |
□ Radiant |
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□ Oil |
□ Radiant |
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□ Oil |
□ Radiant |
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□ Oil |
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□ Wood stove |
□ Solar |
□ Wood stove |
□ Solar |
□ Wood stove |
□ Solar |
□ Wood stove |
□ Solar |
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(Check all that apply) |
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□ Base Board |
□ Coal |
□ Base Board |
□ Coal |
□ Base Board |
□ Coal |
□ Base Board |
□ Coal |
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□ Heat pump |
□ Radiator |
□ Heat pump |
□ Radiator |
□ Heat pump |
□ Radiator |
□ Heat pump |
□ Radiator |
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□ Other: |
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□ Other: |
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□ Other: |
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□ Other: |
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Location |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
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Lot Characteristics |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
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View |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
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Floor Plan Utility |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
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Ext. Condition’s Appeal |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
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Int. Condition’s Appeal |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
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Overall Rating of Sales as |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
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Compared to Subject |
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Sales #1: Inspected? □ Yes |
□ No Comments: |
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Sales #2: Inspected?
□Yes
□ No Comments:
Sales #3: Inspected?
□Yes
□ No Comments:
Copyright © 2008 by Worldwide ERC®
Rev. 01/07/2009 |
This Form Expires 12/31/2009 |
Page 5 of 6 |
MOST LIKELY |
BUYER(S) |
MARKETING STRATEGY |
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VALUE |
ANALYSIS |
SIGNATURES |
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Check all that apply: |
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□ Local Buyer |
□ Transferee |
□ International Buyer |
□ |
□ |
□ Empty Nester |
□ Military |
□ Parent Purchaser for Child |
□ |
□ Investor |
□ |
□ Other: |
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What are the three - five challenges to getting this property sold?
1.
2.
3.
4.
5.
What are the three - five actions necessary to address the challenges identified above?
1.
2.
3.
4.
5.
What are the top five creative ideas you will use in marketing this property keeping in mind the challenges and actions identified above?
1.
2.
3.
4.
5.
Additional Comments:
Most Likely Sales Price (MLSP): $ |
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Suggested List Price (SLP): $ |
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The MLSP is based on “as is” condition and a marketing time not to exceed |
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days to a contract of sale. |
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(# of days) |
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File #: |
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Real Estate Firm: |
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Real Estate Firm Tax ID #: |
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Date of Inspection: |
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Contact Name: |
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Agent Preparer Name: |
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Contact Signature: |
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Agent Preparer Signature: |
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Copyright © 2008 by Worldwide ERC®
Rev. 01/07/2009 |
This Form Expires 12/31/2009 |
Page 6 of 6 |