Erc Broker Market Analysis Form PDF Details

The Erc Broker Market Analysis Form is a valuable tool for brokers when conducting market analysis. The form can help identify the types of properties that are in demand andabsence in a given market, as well as the prices buyers are willing to pay for specific types of property. Additionally, the form can help identify any perceived risks or opportunities associated with a given market. Using this information, brokers can then create marketing plans and pricing strategies that will be most successful in that particular market.

Listed below are some information regarding erc broker market analysis form. This table can provide details about the form's length, finalization duration, and the blanks you are required to fill.

QuestionAnswer
Form NameErc Broker Market Analysis Form
Form Length6 pages
Fillable?Yes
Fillable fields1260
Avg. time to fill out36 min 13 sec
Other namesbma erc, worldwide erc bma, brokers market analysis form erc, erc real estate

Form Preview Example

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 state-specific disclosure requirements and include them in this form as appropriate.

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.

 

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 #:

 

 

 

ASSIGNMENT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real Estate Firm:

 

 

 

 

 

 

 

 

 

 

 

 

Contact Name:

 

 

 

 

 

 

 

e-mail:

 

 

 

 

Real Estate Firm Address:

 

 

 

 

 

 

 

Phone #:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City, State, Zip:

 

 

 

 

 

 

 

Fax #:

 

 

 

 

Agent Preparer:

 

 

 

 

 

 

 

Phone #:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Homeowner’s purchase price: $

 

 

 

 

 

 

Date purchased:

 

 

 

INFORMATION

 

 

Improvements made by homeowner if any:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is the subject currently listed?

□ Yes

□ No

 

Listing Company/Agent:

 

 

 

 

 

 

 

Form of Ownership:

□ Fee Simple

□ Leasehold

 

 

Occupant:

 

□ Homeowner

□ Tenant

□ Vacant

 

 

 

Type: □ Condo

Coop

PUD

Single Family

Mixed Use

 

Town House

Modular

Mobile Home

 

SUBJECT

 

 

□ Other:

 

 

 

 

 

 

 

 

 

 

 

 

 

Indicate any personal property that remains (e.g., refrigerator, range, etc):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subject’s location type:

 

Urban

Suburban

Distant suburban

 

Rural

Farm

Resort

 

 

 

 

Lot Characteristics: positive/negative (explain):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subject’s view: positive/negative (explain):

 

 

 

 

 

 

 

 

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):

 

 

Private Street Access

Private Street Maintenance

Gated

Alley

Easements/Encroachments

Sidewalk

Curbs/Gutters

Street Lighting

SUBJECT

Paved Street Surface

Paved Driveway Surface

 

 

Miscellaneous of which you are aware (check all that apply):

 

 

Maintenance issues with neighboring properties

Excess acreage or land

Mobile homes/trailer park nearby

Subject located on or near designated environmental sites

Location next to agricultural area

Close proximity to hospital/firehouse, etc.

 

Neighborhood has restrictive covenants

Subject located near railroad tracks

Audible street or highway noise present

 

Located on or backs up to busy/main street

Location in flood plain

Location in earthquake zone

 

Location next to school or public park

Property located on corner lot

Access to subject property

 

Location near/in view of power lines/water towers/ radio towers

Location next to industrial area

Located on airport flight path

 

Additional Comments:

 

 

 

Check all other items of which you are aware that may affect the marketability or value of the subject property and comment below:

 

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

Proposed or pending assessments

Property taxes not typical for area

HOA has first right of refusal

HOA does not allow “for sale” signs on property

HOA fees not typical for the area

Other

Comments:

 

 

 

 

 

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

 

 

Interior Items

 

 

R&I Estimates

□ Paint

Estimated cost per item: $

Comment:

□ Flooring

Estimated cost per item: $

Comment:

□ Wall paper removal

Estimated cost per item: $

Comment:

□ Appliances

Estimated cost per item: $

Comment:

□ Cabinets

Estimated cost per item: $

Comment:

□ Light fixtures

Estimated cost per item: $

Comment:

□ Countertops

Estimated cost per item: $

Comment:

□ Bathroom fixtures

Estimated cost per item: $

Comment:

□ Other:

Estimated cost per item: $

Comment:

□ Other:

Estimated cost per item: $

Comment:

□ Other:

Estimated cost per item: $

Comment:

Total Estimated Cost for Interior Repairs

$

 

 

 

 

Exterior Items

 

 

R&I Estimates

□ Landscaping

Estimated cost per item: $

Comment:

□ Paint

Estimated cost per item: $

Comment:

□ Driveway/walkway

Estimated cost per item: $

Comment:

□ Porch/deck

Estimated cost per item: $

Comment:

□ Pool

Estimated cost per item: $

Comment:

□ Spa

Estimated cost per item :$

Comment:

□ Gutters

Estimated cost per item: $

Comment:

□ Siding

Estimated cost per item: $

Comment:

□ Trim

Estimated cost per item: $

Comment:

□ Roof

Estimated cost per item: $

Comment:

□ Detached structures

Estimated cost per item: $

Comment:

□ Debris removal

Estimated cost per item: $

Comment:

□ Windows and screens

Estimated cost per item: $

Comment:

□ Other:

Estimated cost per item: $

Comment:

□ Other:

Estimated cost per item: $

Comment:

□ Other:

Estimated cost per item: $

Comment:

Total Estimated Cost for Exterior RepairS

$

 

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

 

 

Identify the most probable means of financing for the subject:

FHA

VA

Cash

Conventional mortgage—conforming or jumbo

 

 

Other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Describe the terms of the financing type identified above:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identify and describe any financing concessions that may be necessary to secure the sale of the subject property.

 

 

 

 

 

 

 

 

 

 

 

Points:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Closing Costs:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FINANCING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Do you anticipate any issues that may affect the ability to secure financing for the subject property (e.g., condition, zoning, environmental, HOA, etc.)?

 

Yes No

If yes, comment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If the subject property is a common interest development (e.g., condo, townhouse, PUD), what is the ratio of owners to investors?

 

N/A

 

 

 

 

 

 

Owners:

%

Investors:

%

(total MUST equal 100%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HOA Fees: $

 

 

 

 

How often are they paid?

 

Monthly

Quarterly

 

Semi-annually

Annually

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Items included in HOA Fees: Trash Pick-up

 

 

 

 

Landscaping

Snow Removal

Exterior Building Maintenance

 

 

 

 

 

 

 

 

Security/Concierge Services

Insurance

Taxes

 

Amenities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Area Maintenance

WATER

 

 

SEWER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Are you aware of any special assessments covered by the HOA?

Yes

No

 

 

 

 

 

 

 

 

 

 

 

If yes, indicate the amount of assessment: $

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Describe what the special assessment covers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subject Neighborhood (For purposes of this report, the subject neighborhood is defined by the preparer of this form. Identify what you regard as the

 

 

subject neighborhood and then use statistics that you have gathered which reflect that market area. Note: the neighborhood might be a MLS area, a

 

 

particular section of a town, a specific subdivision, or an entire community. This is described as the “micro area.”)

 

 

 

 

 

 

 

 

 

 

 

Subject neighborhood is defined as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Price Range: $

 

 

 

 

 

 

to $

 

 

 

 

 

 

 

Property Values are: Increasing

% in past

 

months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stable

 

 

 

 

 

 

 

 

 

Average Days-on-Market (list to contract)

 

 

 

days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Decreasing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(# of days)

 

 

 

 

 

% in past

months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Calculate the months supply of inventory (Absorption Rate):

 

 

 

Type of competing listings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New Homes

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Resale

 

 

 

 

 

 

%

 

 

 

Number of active listings ÷

Avg. number of sales per month

=

Number of months needed

 

 

 

 

 

 

 

 

 

 

 

 

REO/Foreclosure

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

for the last 6 months

 

 

 

 

to sell existing inventory

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total (MUST equal 100%)

 

 

 

 

 

100%

 

 

 

Describe all marketing concessions/incentives being offered to buyers and/or brokers on competing properties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CONDITIONS

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MARKET

 

Describe major corporation(s) in this neighborhood that are moving into, out of, or planning layoffs:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Describe current economic conditions (positive or negative) that may have an Effect on the marketability of the property:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

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

 

 

neighborhood. If this is the case, indicate it below.)

What do you consider the “broader market area” to be for this property?

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current MLS #

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Proximity to Subject

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Original List Price

$

 

 

$

 

 

 

$

 

 

 

$

 

 

 

Current List Price

$

 

 

$

 

 

 

$

 

 

 

$

 

 

 

Seller Concessions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Last Price Change Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Days-on-market (DOM)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from original list date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Previous listing history for last

Orig. List Price $

 

Orig. List Price $

 

Orig. List Price $

 

Orig. List Price $

 

Last List Price $

 

Last List Price

$

 

Last List Price

$

 

Last List Price

$

 

12 months

 

 

 

 

DOM:

 

 

DOM:

 

 

 

DOM:

 

 

 

DOM:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Style

Brick

 

Wood

Brick

 

 

Wood

Brick

 

 

Wood

Brick

 

 

Wood

 

 

 

 

 

 

 

 

 

Composite

Stone

Composite

 

Stone

Composite

 

Stone

Composite

 

Stone

Exterior Finish

Aluminum

Stucco

Aluminum

 

Stucco

Aluminum

 

Stucco

Aluminum

 

Stucco

(Check all that apply)

Synthetic Stucco

Vinyl

Synthetic Stucco

Vinyl

Synthetic Stucco

Vinyl

Synthetic Stucco

Vinyl

 

Hardcoat Stucco

 

Hardcoat Stucco

 

Hardcoat Stucco

 

Hardcoat Stucco

 

 

Other:

 

 

Other:

 

 

 

Other:

 

 

 

Other:

 

 

 

 

Composite

Slate

Composite

 

Slate

Composite

 

Slate

Composite

 

Slate

Roof Type

Tar

 

Tile

Tar

 

 

Tile

Tar

 

 

Tile

Tar

 

 

Tile

Wood shake

Tin

Wood shake

 

Tin

Wood shake

 

Tin

Wood shake

 

Tin

(Check all that apply)

 

 

 

Asphalt shingle

Copper

Asphalt shingle

Copper

Asphalt shingle

Copper

Asphalt shingle

Copper

 

 

Other:

 

 

Other:

 

 

 

Other:

 

 

 

Other:

 

 

 

 

None

 

 

None

 

 

 

None

 

 

 

None

 

 

 

 

Garage

 

# of Cars

Garage

 

 

# of Cars

Garage

 

 

# of Cars

Garage

 

 

# of Cars

 

Attached

Attached

Attached

Attached

Car Storage/Type

 

Detached

 

Detached

 

Detached

 

Detached

 

Built-in

 

Built-in

 

 

Built-in

 

 

Built-in

 

(Check all that apply)

Carport

Carport

 

Carport

 

Carport

 

Attached

Attached

Attached

Attached

 

 

Detached

 

Detached

 

Detached

 

Detached

 

Other:

Built-in

Other:

Built-in

 

Other:

Built-in

 

Other:

Built-in

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Built

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

None

 

Partial

None

 

 

Partial

None

 

 

Partial

None

 

 

Partial

SLAB

 

Full

SLAB

 

 

Full

SLAB

 

 

Full

SLAB

 

 

Full

(Check all that apply)

 

 

 

 

 

 

 

Crawl Space

WALK-OUT

Crawl Space

 

WALK-OUT

Crawl Space

 

WALK-OUT

Crawl Space

 

WALK-OUT

 

 

 

 

Basement Finish

None

 

Partial

None

 

 

Partial

None

 

 

Partial

None

 

 

Partial

Attic (Check all that apply)

 

 

 

 

 

 

 

Crawl Space

Full

Crawl Space

 

Full

Crawl Space

 

Full

Crawl Space

 

Full

 

 

 

 

Attic Access

Walkup

 

Hatch

Walkup

 

 

Hatch

Walkup

 

 

Hatch

Walkup

 

 

Hatch

Pull down steps

 

Pull down steps

 

Pull down steps

 

Pull down steps

 

 

 

 

 

 

Bonus Room

None

 

Barn

None

 

 

Barn

None

 

 

Barn

None

 

 

Barn

 

 

 

 

 

 

 

 

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

 

Other:

 

 

Other:

 

 

 

Other:

 

 

 

Other:

 

 

 

Deck/Patio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pool/Spa

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fireplace(s)

Public

 

Private

Public

 

 

Private

Public

 

 

Private

Public

 

 

Private

Water Supply

 

 

 

 

 

 

 

Community

Well

Community

 

Well

Community

 

Well

Community

 

Well

 

 

 

 

 

Septic

 

Sewer

Septic

 

 

Sewer

Septic

 

 

Sewer

Septic

 

 

Sewer

Waste Disposal

Cesspool

 

Cesspool

 

 

Cesspool

 

 

Cesspool

 

 

 

Other:

 

 

Other:

 

 

 

Other:

 

 

 

Other:

 

 

 

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:

 

 

Other:

 

 

 

Other:

 

 

 

Other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Other:

 

 

Other:

 

 

 

Other:

 

 

 

Other:

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Listing #1: Date inspected:

Comments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Listing #2: Date inspected:

Comments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Listing #3: Date inspected:

Comments:

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

MLS #

 

 

 

 

 

 

 

 

 

 

 

 

Proximity to Subject

 

 

 

 

 

 

 

 

 

 

 

 

Original List Price

$

 

 

$

 

 

$

 

 

$

 

 

Final List Price

 

 

 

$

 

 

$

 

 

$

 

 

Sales Price

 

 

 

$

 

 

$

 

 

$

 

 

Seller Concessions

 

 

 

 

 

 

 

 

 

 

 

 

Under Contract Date

 

 

 

 

 

 

 

 

 

 

 

 

Closing Date

 

 

 

 

 

 

 

 

 

 

 

 

Days-on-market (DOM)

 

 

 

 

 

 

 

 

 

 

 

 

from original list date

 

 

 

 

 

 

 

 

 

 

 

 

Previous listing history for last

Orig. List Price $

 

Orig. List Price $

 

Orig. List Price $

 

Orig. List Price $

 

Last List Price $

 

Last List Price $

 

Last List Price $

 

Last List Price $

 

12 months

 

 

 

 

DOM:

 

 

DOM:

 

 

DOM:

 

 

DOM:

 

 

 

 

 

 

 

 

 

 

 

Style

Brick

 

Wood

Brick

 

Wood

Brick

 

Wood

Brick

 

Wood

 

 

 

 

 

 

Composite

Stone

Composite

Stone

Composite

Stone

Composite

Stone

Exterior Finish

Aluminum

Stucco

Aluminum

Stucco

Aluminum

Stucco

Aluminum

Stucco

(Check all that apply)

Synthetic Stucco

Vinyl

Synthetic Stucco

Vinyl

Synthetic Stucco

Vinyl

Synthetic Stucco

Vinyl

 

Hardcoat Stucco

 

Hardcoat Stucco

 

Hardcoat Stucco

 

Hardcoat Stucco

 

 

Other:

 

 

Other:

 

 

Other:

 

 

Other:

 

 

 

Composite

Slate

Composite

Slate

Composite

Slate

Composite

Slate

Roof Type

Tar

 

Tile

Tar

 

Tile

Tar

 

Tile

Tar

 

Tile

Wood shake

Tin

Wood shake

Tin

Wood shake

Tin

Wood shake

Tin

(Check all that apply)

Asphalt shingle

Copper

Asphalt shingle

Copper

Asphalt shingle

Copper

Asphalt shingle

Copper

 

 

Other:

 

 

Other:

 

 

Other:

 

 

Other:

 

 

 

None

 

 

None

 

 

None

 

 

None

 

 

 

Garage

 

# of Cars

Garage

 

# of Cars

Garage

 

# of Cars

Garage

 

# of Cars

 

Attached

Attached

Attached

Attached

Car Storage/Type

 

Detached

 

Detached

 

Detached

 

Detached

 

Built-in

 

Built-in

 

 

Built-in

 

 

Built-in

 

(Check all that apply)

Carport

Carport

 

Carport

 

Carport

 

Attached

Attached

Attached

Attached

 

 

Detached

 

Detached

 

Detached

 

Detached

 

Other:

Built-in

Other:

Built-in

 

Other:

Built-in

 

Other:

Built-in

 

 

 

 

 

 

 

 

 

 

Year Built

 

 

 

 

 

 

 

 

 

 

 

 

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

None

 

Partial

None

 

Partial

None

 

Partial

None

 

Partial

SLAB

 

Full

SLAB

 

Full

SLAB

 

Full

SLAB

 

Full

(Check all that apply)

 

 

 

 

Crawl Space

WALK-OUT

Crawl Space

WALK-OUT

Crawl Space

WALK-OUT

Crawl Space

WALK-OUT

 

Basement Finish

Full

 

Partial

Full

 

Partial

Full

 

Partial

Full

 

Partial

Attic (Check all that apply)

 

 

 

 

Crawl Space

None

Crawl Space

None

Crawl Space

None

Crawl Space

None

 

Attic Access

Walkup

 

Hatch

Walkup

 

Hatch

Walkup

 

Hatch

Walkup

 

Hatch

Pull down steps

 

Pull down steps

 

Pull down steps

 

Pull down steps

 

 

 

 

 

 

Bonus Room

None

 

Barn

None

 

Barn

None

 

Barn

None

 

Barn

 

 

 

 

 

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

 

Other:

 

 

Other:

 

 

Other:

 

 

Other:

 

 

Deck/Patio

 

 

 

 

 

 

 

 

 

 

 

 

Pool/Spa

 

 

 

 

 

 

 

 

 

 

 

 

Fireplace(s)

 

 

 

 

 

 

 

 

 

 

 

 

Water Supply

Public

 

Private

Public

 

Private

Public

 

Private

Public

 

Private

Community

Well

Community

Well

Community

Well

Community

Well

 

 

Septic

 

Sewer

Septic

 

Sewer

Septic

 

Sewer

Septic

 

Sewer

Waste Disposal

Cesspool

 

Cesspool

 

Cesspool

 

Cesspool

 

 

Other:

 

 

Other:

 

 

Other:

 

 

Other:

 

 

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:

 

 

Other:

 

 

Other:

 

 

Other:

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Other:

 

 

Other:

 

 

Other:

 

 

Other:

 

 

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 Sales as

 

 

 

Superior

Similar

Inferior

Superior

Similar

Inferior

Superior

Similar

Inferior

Compared to Subject

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales #1: Inspected? Yes

No Comments:

 

 

 

 

 

 

 

 

 

 

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

VALUE

ANALYSIS

SIGNATURES

Check all that apply:

 

 

 

 

Local Buyer

Transferee

International Buyer

First-time Homebuyer

Second-home Buyer

Empty Nester

Military

Parent Purchaser for Child

Move-up Homebuyer

Investor

Dual-income

Other:

 

 

 

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): $

 

 

 

Suggested List Price (SLP): $

 

 

The MLSP is based on “as is” condition and a marketing time not to exceed

 

 

 

days to a contract of sale.

 

 

 

 

(# of days)

 

 

 

 

 

 

 

 

File #:

 

 

Real Estate Firm:

 

 

 

 

 

 

 

 

Real Estate Firm Tax ID #:

 

 

Date of Inspection:

 

 

 

 

 

 

 

 

Contact Name:

 

 

Agent Preparer Name:

 

 

 

 

 

 

 

 

Contact Signature:

 

 

Agent Preparer Signature:

 

 

 

 

 

 

 

 

Copyright © 2008 by Worldwide ERC®

Rev. 01/07/2009

This Form Expires 12/31/2009

Page 6 of 6

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