Erc Bma Form PDF Details

Erc Bma Form, or Erc for short, is a form that was designed by the Atlaantic Richfield Company (ARCO) to help protect their workers from potential litigation. The form allows employers to document an employee's work-related injuries and illnesses. It also helps employers track their employees' medical history and any treatment they have received. Despite its usefulness, the form has faced criticism from some workers' rights advocates who argue that it can be used to unfairly discipline employees or cut corners on safety. Nonetheless, the Erc Bma Form remains an important tool for protecting both employers and employees.

QuestionAnswer
Form NameErc Bma Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesbma form, erc real estate, erc bma form 2021, erc bma 2021

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Employee Relocation Council

Broker’s Market Analysis and Strategy Report

The Employee Relocation Council (ERC) is a global community of professionals developing and sharing cost-effective, innovative, and caring solutions to support the Mobile workforce.

Purpose: This report is not an appraisal or a home inspection. Rather, it 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 “As Is” and Most Likely Sales Price “With Repairs & Improvements,” and

Most Likely Net Price “As Is” and Most Likely Net Price “With Repairs & Improvements,”

assuming a reasonable marketing time, not to exceed 120 days. (Refer to definitions on page 3 of this form. Also refer to ERC’s manual on completing this form.)

This form is being completed for: Home-Marketing Assistance Homesale Buyout

Procedural Guidelines

For procedures on contacting homeowner, inspecting property, submitting report, and providing photos, follow requesting company’s guidelines.

SUBJECT INFORMATION

File # ____________________________________

Homeowner(s) __________________________________________________________________

Property Address

_______________________________________________________________

Home Phone # ______________________________

City, State, Zip

_______________________________________________________________

Work Phone # _______________________________

BMA Requested by (Co. & Contact) _______________________________________________

e-mail _____________________________________

Requesting Co. Address __________________________________________________________

Phone # ___________________________________

City, State, Zip

_______________________________________________________________

Fax # ______________________________________

Real Estate Firm & Contact ______________________________________________________

e-mail _____________________________________

Real Estate Firm Address ________________________________________________________

Phone # ___________________________________

City, State, Zip

_______________________________________________________________

Fax # ______________________________________

Agent Preparer (if other than contact)

______________________________________________

Phone # ___________________________________

Form of Ownership: Fee Simple

Leasehold

Type: Condo Coop PUD Single Family Other

Occupant: Homeowner

Tenant Vacant

 

 

Indicate any personal property that remains (e.g., refrigerator, range, lighting fixtures, ceiling fans, etc.) ________________________________________

Is the subject currently listed?

Yes

No Listing Company/Agent

 

Describe the most probable means of financing and terms for the subject. _______________________________________________________________

_____________________________________________________________________________________________________________________________

FINANCING

Are points customarily paid by the seller on the most probable financing? Yes No If yes, how many? ________________________________

Comment on any other seller financing concessions that are necessary to enhance the sale of the subject property ________________________________

_____________________________________________________________________________________________________________________________

Do you anticipate any issues that would affect the ability to secure financing for the subject property? (e.g., condition, zoning,

environmental, HOA, etc.)

Yes No If yes, comment _______________________________________________________________

Note: The above financing information should be carried over to the MARKETING STRATEGY and VALUE ANALYSIS sections on page 3 of this form.

SUBJECT CONDITION

What repairs & improvements (R&I) are necessary to secure or obtain financing as indicated in the FINANCING section above and/or are recom- mended to enhance the subject’s marketability. (Recommended items should increase the subject’s value and/or lower the marketing time.) Indicate specific items and their estimated costs to cure.

Interior Items

R & I Estimates

Exterior Items

R & I Estimates

___________________________________

$_______________

______________________________________

$ _____________

___________________________________

$_______________

______________________________________

$ _____________

___________________________________

$_______________

______________________________________

$ _____________

___________________________________

$_______________

______________________________________

$ _____________

___________________________________

$_______________

______________________________________

$ _____________

___________________________________

$_______________

______________________________________

$ _____________

___________________________________

$_______________

______________________________________

$ _____________

 

 

 

 

 

 

Total Interior:

$ ______________

Total Exterior: $ ____________

TOTAL R&I

$ _ _ _ _ _ _ _ _ _ _ _ _

 

(Add the Total Interior $ and Total Exterior $)

 

Estimate the contributory value (if any) of the TOTAL R&I to the Most Likely Sales Price

$____________

Note: The above recommended R&I items and costs should be carried over to the MARKETING STRATEGY and VALUE ANALYSIS sections on page 3 of this form.

INSPECTIONS/DISCLOSURES

List all required and customary inspections (e.g., municipal, certificate of occupancy, environmental, etc.)

Required: ___________________________________________________________________________________________________________________

Customary: _________________________________________________________________________________________________________________

Are there any visible/known problem areas which would warrant additional inspections (e.g., structural, etc.)? ___________________________________

_____________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

List required disclosures if any: __________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

MARKET AREA

Subject’s locational type: Urban

Suburban

Distant suburban

Rural Farm

Resort

Market Area Price Range: $ ____________ to $ ____________ Property Values are:

Increasing

Stable Declining

Marketing Time (list of contract):

Up to 120 days

121-180 days

Over 180 days

 

Number of closed comparable sales in market area in the last six months: ____________

 

Number of competing listings in subject’s price range: _______________

 

 

 

Availability of competing listings:

Shortage In balance Oversupply

 

 

Type of competing listings: (estimated total should = 100%): _____ % New homes _____ % Resale _____ % REO/Foreclosure _____ % Corporate

Describe any marketing concessions/incentives being offered on competing properties that may adversely affect the subject’s value: _________________

_____________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

Recommend any marketing concessions/incentives that should be offered for the subject:___________________________________________________

Page 1 of 3

THIS FORM EXPIRES 12-31-2002

Copyright Employee Relocation Council 1996 THIS FORM EXPIRES 12-31-2002 Rev. 12/1/96

ERC Broker’s Market Analysis and Strategy Report

For all properties in both grids below, report verifiable facts and figures starting with “Proximity to Subject” through “Type Heating System.” From “Location” through “Int. Condition’s Appeal,” rate each item as “Good,” “Avg.,” or “Fair,” in comparison to general market competition. Rate each competing listing or comparable sale to the subject by indicating “Plus” (more favorable than subject), “Equal” (similar to subject), or

“Minus” (less favorable than subject) in the Overall Rating at the end of each grid. Note: Dollar adjustments are specifically not requested in the two grids below.

ITEM

SUBJECT

Listing #1

Listing #2

Listing #3

Address, City

 

Proximity to Subject

 

 

 

 

 

 

 

 

 

 

 

 

 

Original List Price

 

 

 

 

 

 

 

 

 

 

 

 

 

Current List Price

 

 

 

 

 

 

 

 

 

 

 

 

 

Last Price Change (date)

 

 

 

 

 

 

 

 

 

 

 

 

 

Days-on-market

 

 

 

 

 

 

 

 

 

 

 

 

 

(from original list date)

 

 

 

 

 

 

 

 

 

 

 

 

 

Style

 

 

 

 

 

 

 

 

 

 

 

 

 

Car Storage/Type

 

 

 

 

 

 

 

 

 

 

 

 

 

Approximate Age

 

 

 

 

 

 

 

 

 

 

 

 

 

Lot Size

 

 

 

 

 

 

 

 

 

 

 

 

LISTINGS

Appx. Gross Living Area

 

 

Sq.Ft.

 

 

Sq.Ft.

 

 

Sq.Ft.

 

 

Sq.Ft.

Above Grade Room Count

Tot.

Brms.

Baths

Tot.

Brms.

Baths

Tot.

Brms.

Baths

Tot.

Brms.

Baths

 

 

Basement Area

 

 

 

 

 

 

 

 

 

 

 

 

 

Basement Finished

 

 

 

 

 

 

 

 

 

 

 

 

 

Deck/Patio

 

 

 

 

 

 

 

 

 

 

 

 

COMPETING

Pool/Spa

 

 

 

 

 

 

 

 

 

 

 

 

View

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

 

Type Air Conditioning

 

 

 

 

 

 

 

 

 

 

 

 

 

Type Heating System

 

 

 

 

 

 

 

 

 

 

 

 

 

Location

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

 

Lot Characteristics

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Floor Plan Utility

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

 

Ext. Condition’s Appeal

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

 

Int. Condition’s Appeal

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

 

Overall Rating of Listings as Compared to Subject

 

Plus

Equal Minus

Plus

Equal Minus

Plus

Equal Minus

Describe significant value-related differences between the subject and the competing listings (including condition, location, appeal, amenities, deferred maintenance, utility, view, market conditions and days-on-market) and explain any seller financing, discount points, and/or other concessions being offered. Also, indicate if the contact or agent has inspected the

c competing listing’s interior.

Listing #1: Inspected?

Yes

No

Comments:

______________________________________________________________________________

 

__________________________________________________________________________________________________________________________

Listing #2: Inspected?

Yes

No

Comments:

______________________________________________________________________________

__________________________________________________________________________________________________________________________

Listing #3: Inspected?

Yes

No

Comments:

______________________________________________________________________________

PENDING/CLOSED SALES

ITEM

SUBJECT

Comparable Sale #1

Comparable Sale #2

Comparable Sale #3

Address, City

Proximity to Subject

 

 

 

 

 

 

 

 

 

 

 

 

 

Original List Price

 

 

 

 

 

 

 

 

 

 

 

 

 

Final List Price

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales Price

 

 

 

 

 

 

 

 

 

 

 

 

 

Under Contract Date

 

 

 

 

 

 

 

 

 

 

 

 

 

Closing Date

 

 

 

 

 

 

 

 

 

 

 

 

 

Days-on-market

 

 

 

 

 

 

 

 

 

 

 

 

 

(from original list date)

 

 

 

 

 

 

 

 

 

 

 

 

 

Style

 

 

 

 

 

 

 

 

 

 

 

 

 

Car Storage/Type

 

 

 

 

 

 

 

 

 

 

 

 

 

Approximate Age

 

 

 

 

 

 

 

 

 

 

 

 

 

Lot Size

 

 

 

 

 

 

 

 

 

 

 

 

 

Appx. Gross Living Area

 

 

Sq.Ft.

 

 

 

Sq.Ft.

 

 

Sq.Ft.

 

 

Sq.Ft.

Above Grade Room Count

Tot.

Brms.

Baths

Tot.

Brms.

Baths

Tot.

Brms.

Baths

Tot.

Brms.

Baths

Basement Area

 

 

 

 

 

 

 

 

 

 

 

 

 

Basement Finished

 

 

 

 

 

 

 

 

 

 

 

 

 

Deck/Patio

 

 

 

 

 

 

 

 

 

 

 

 

 

Pool/Spa

 

 

 

 

 

 

 

 

 

 

 

 

 

Type Air Conditioning

 

 

 

 

 

 

 

 

 

 

 

 

 

Type Heating System

 

 

 

 

 

 

 

 

 

 

 

 

 

Location

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Lot Characteristics

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

View

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Floor Plan Utility

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Ext. Condition’s Appeal

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Int. Condition’s Appeal

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Good

Avg.

Fair

Overall Rating of Sales as Compared to Subject

Plus

 

Equal Minus

Plus

Equal Minus

Plus

Equal Minus

Describe significant value-related differences between the subject and pending/closed sales (including condition, location, appeal, amenities, deferred maintenance, utility, view, market conditions and days-on-market) and explain any seller financing, discount points, and/or other concessions which were paid. Also, indicate if the contact or agent has inspected the comparable sale’s interior.

Sale #1: Inspected? Yes No Comments: ________________________________________________________________________________

Sale #2:

Inspected?

Yes

No

Comments:

________________________________________________________________________________

 

 

 

 

 

 

Sale #3:

Inspected?

Yes

No

Comments:

________________________________________________________________________________

Page 2 of 3

THIS FORM EXPIRES 12-31-2002

Copyright Employee Relocation Council 1996 THIS FORM EXPIRES 12-31-2002 Rev. 12/1/96

ERC Broker’s Market Analysis and Strategy Report

ADDITIONAL COMMENTS

Comment on significant features of the subject’s amenities and floor plan/design (appeal, flow, functionality, etc.) and describe any positive/negative influence on marketability.

Comment on any other known items (e.g., real estate taxes, special assessments, HOA/Condominium/Cooperative fees or restrictions, future plant clos- ings, environmental hazards, etc.) which may affect the marketing and eventual selling price of the subject property and that are not mentioned in any other section of this form.

VALUE ANALYSIS

This report is not an appraisal or home inspection. The purpose of this report is to obtain information and the contact’s/agent preparer’s opin- ions that support an estimate of the Most Likely Sales Price and Most Likely Net Price. This will be achieved by considering the property both “As Is” and “With Repairs and Improvements,” assuming reasonable marketing time, not to exceed 120 days. If indicated in the FINANCING, SUBJECT CONDITION, and MARKETING STRATEGY sections, assume that the seller will pay points/concessions.

Definition of the Most Likely SALES Price (MLSP): The negotiated value agreed to by both buyer and seller on the offer-to-purchase contract reflecting reasonable marketing time, not to exceed 120 days, (market time measured from the date of inspection to the date of contract). The negotiat- ed value is estimated: a) in “As Is” condition and,

b)“With Repairs & Improvements,” which includes the contributory value of recommended repairs and improvements as indicated on page 1.

Definition of Financing Concessions: Recommended or required mortgage-related points and closing costs paid by the seller. (see FINANCING section on page 1.)

Definition of Marketing Concessions/Incentives: The cost of recommended concessions/incentives (non-financing related), for example: home warranty, selling agent bonus, etc. (See recommendations in MARKET AREA and MARKETING STRATEGY sections.)

Definition of the Most Likely NET Price: The net value after deducting anticipated expenses, when applicable, from the Most Likely Sales Price, “As Is” and “With Repairs and Improvements.” These anticipated expenses are limited specifically to :

total cost of recommended repairs & improvements (R&I) as indicated on page 1,

financing concessions, and

marketing concessions/incentives.

 

VALUE ANALYSIS

“AS IS”

“WITH REPAIRS & IMPROVEMENTS”

 

 

 

(“As Is” + Contributory Value as indicated on page 1)

 

Most Likely Sales Price (MLSP)

$

$

 

(marketing time not to exceed 120 days)

 

 

 

Cost of Repairs & Improvements (Subtract)

 

-$

 

Financing Concessions (Subtract)

-$

-$

 

Marketing Concessions/Incentives (Subtract)

-$

-$

 

Most Likely NET Price

$

$

 

 

 

 

 

 

 

 

Suggested Initial Listing Prices:

$

(As Is) $

(with R&I)

Other than the customary listing procedures (e.g., submitting to MLS, etc.), describe your complete marketing strategy and the actions to be taken in the first 30 days of the listing period, targeting the likely buyer. This strategy should refer to and include data on pages 1-3, including any special financing, seller concessions, pricing strategy, effects of positive and negative features of the property or its location, and economic and seasonal trends that may affect the subject’s value. Describe your opinion of marketing either “As Is” or “With Repairs & Improvements,” relating cost of repairs and improvements to contributory value as well as effect on total marketing time if repairs and improvements are not completed as recommend- ed. Attach an addendum if more space is needed to present a complete marketing strategy.

MARKETING STRATEGY

If the purpose of this report is for home-marketing assistance:

List and estimate the cost of additional Repairs & Improvements recommended to market the property after it is vacated (for example, neutralize custom decor, patch and paint walls, etc.).

File #: __________________ Real Estate Firm: _________________________________________________________________________________

Real Estate Firm Tax ID #: _______________________________________________________ Date of Inspection: __________________________

Contact Name: ___________________________________________________ Agent Preparer Name: _____________________________________

Contact Signature: Agent Preparer Signature:

Page 3 of 3

THIS FORM EXPIRES 12-31-2002

Copyright Employee Relocation Council 1996 THIS FORM EXPIRES 12-31-2002 Rev. 12/1/96

How to Edit Erc Bma Form Online for Free

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It is actually straightforward to finish the pdf following our detailed guide! Here is what you have to do:

1. Begin completing your erc form with a selection of essential blank fields. Get all the required information and be sure absolutely nothing is forgotten!

Step # 1 in filling in worldwide erc bma

2. The next part is usually to complete the next few blanks: Do you anticipate any issues that, Yes No If yes comment Note The, What repairs improvements RI are, R I Estimates, R I Estimates, Exterior Items, Total Interior, Total Exterior, G N C N A N F, N O T D N O C T C E J B U S, TOTAL RI, Add the Total Interior and Total, and Estimate the contributory value if.

Completing section 2 in worldwide erc bma

3. This step is hassle-free - complete every one of the empty fields in Estimate the contributory value if, S E R U S O L C S D S N O T C E P, Urban Suburban Distant suburban, Up to days days Over days, Subjects locational type Market, Shortage In balance Oversupply, Increasing Stable Declining, A E R A T E K R A M, Page of, THIS FORM EXPIRES, Copyright Employee Relocation, THIS FORM EXPIRES, and Rev in order to finish this segment.

Tips on how to complete worldwide erc bma stage 3

4. The next section requires your involvement in the subsequent parts: ITEM, Address City, Proximity to Subject Original List, SUBJECT, Listing, Listing, Listing, SqFt, SqFt, SqFt, SqFt, Brms, Baths, Tot, and Brms. Be sure to enter all required information to move onward.

How you can complete worldwide erc bma step 4

5. And finally, this last section is what you'll want to wrap up prior to closing the form. The blank fields in question include the next: Describe significant valuerelated, SUBJECT, Comparable Sale, Comparable Sale, Comparable Sale, ITEM, Address City, Proximity to Subject Original List, S E L A S D E S O L C G N D N E P, Brms, Above Grade Room Count Tot, SqFt, SqFt, SqFt, and Tot.

Part number 5 in submitting worldwide erc bma

Always be extremely careful when filling out SqFt and Describe significant valuerelated, since this is where a lot of people make mistakes.

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