Prepared Especially For
Prepared Especially For
Prepared Especially For
Prepared by:
Joe Gliatta Joe's Realty Company 999 Yamato Rd Suite 200 Boca Raton, FL 33487 Office: (561) 981-5976 Mobile: (561) 981-5976 Email: Company1.Broker@homes.com
We appreciate the opportunity to present our marketing plan and analysis to you. The real estate market is changing everyday. Weve put together this comparative market analysis to give you the most up-to-date information available about what is happening in your market area. Some of the properties included in this analysis vary in size and amenities in comparison to your home. To account for these differences weve gone the extra step and included an adjusted market analysis for you, along with a standard statistical analysis. This adjusted market analysis will more accurately indicate a price range in todays market place based on factors like the neighborhood you live in, the actual size of your home, and its specific amenities. This comparative market analysis will provide you with the information necessary to indicate an appropriate price range for your property in todays market. It is very important that we price your home correctly and get your home in "showcase" condition. There are many competing homes on the market, all at different price ranges. Buyers understandably are very selective. The best-looking and competitively priced homes will attract the most qualified buyers. The following pages outline our analysis of the current market conditions, the market value of your home, and our plan to market your home to the widest possible audience in the quickest amount of time. Thank you again for this opportunity. We look forward to a successful partnership. Sincerely, Joe Gliatta
Joe Gliatta
Affiliation
Joe's Realty Company 999 Yamato Rd Suite 200 Boca Raton, FL 33487 Office Mobile (561) 981-5976 (561) 981-5976
Our Company
We have been conducting business in the local area for many years. We have and continue to work hard to gain the respect of these many distinguished communities. This recognition is built upon a respect for our clients and neighbors. We hope your experience with us will further this reputation of personalized service and client satisfaction. Our company is comprised of people who live and work in the surrounding communities. We have personal knowledge of each neighborhoods nature, and growth possibilities. Based on this we hope to find the perfect fit for you and your family. Every community is different. Whether your focus is schools, shopping, transportation, or recreational facilities our associates will draw upon their knowledge of the local areas to find the ideal property to meet your needs. We supplement this high-touch philosophy, with a high tech edge. We have quick access to local MLS computers and software to help us analyze local market conditions. If you are one of the growing number of real estate investors, our commercial division is more than capable to provide our clients with commercial and income property opportunities. Our best asset is our people. Our dedicated and talented staff of professionals will make every effort to make sure your transaction goes as smoothly as possible. We understand that we need to earn your business. We hope the level of detail found within this Comparative Market Analysis helps you with your decision making process. We want to do as much as possible to give you the information you need to price and market your most valuable asset - your home.
Location
Where your home is located may be the single most important factor when determining the value of your home.
Condition
The condition of your home affects the price and how quickly it will sell. The appearance both inside and out can bolster the buyers perception. Since emotion plays a large part in buying a home the buyers first look is important!
Price
Establishing the correct price for a home will help insure a quick sale for your home. This comparative market analysis will enable you to decide the optimum price for your home.
Competition
Buyers will evaluate your home against others they deem comparable. Properties currently for sale and properties that have recently sold will have the greatest impact on the market value of your home.
The Market
The real estate market is always changing and these changes may affect property values. Knowing that it is difficult to forecast the market, a flexible marketing plan will help prepare you and your home for sale.
277 Mountain Ct
City/Area: Brea, CA 92821 Beds: 3 Baths: 3 Sq. Ft.: 1,785 Year/Age: 1977 Lot Size: 1300 Map Code: 709B6 Census:
1
MLS#: P739136
List Price: $329,000 Sold Price: $/Sq. Ft.: $184 List Date: 06/11/2010 Sold Date: Expired Date: DOM/MT: 121
Interior Features:
Fireplace: Y;
Exterior Features:
Garage: 2;
Lot Features: Remarks:
Largest Country Road floorplan. New interior Paint, Carpet, and Appliances. Large 2 car garage, with extra workshop area beyond garage. nice open floorplan, with atrium. Inside laundry room off kitchen. Great school disctrict, great area
809 Vista Ct
City/Area: Brea, CA 92821 Beds: 2 Baths: 3 Sq. Ft.: 1,326 Year/Age: 1977 Lot Size: 5398 Map Code: 709B6 Census:
2
MLS#: P622145
List Price: $399,000 Sold Price: $/Sq. Ft.: $301 List Date: 02/07/2008 Sold Date: Expired Date: DOM/MT: 182
Interior Features:
Fireplace: Y;
Exterior Features:
Garage: 2;
Lot Features: Remarks:
This townhome is absolutely charming...very clean. No one above or below you. Attached two car garage with direct access. 2 bedroom 2 1/2 bath. Each bedroom has it's own private bath. Remodeled kitchen, light and bright. Corian Countertops, recessed lighting, tile floors, dark wood laminate floors,new slider in kitchen and inside laundry. Stunning lush landscaped community. Grounds kept immaculate. Two assoc. pools (one Adult), Club House. Close to shopping, schools and freeway. This townhome is a must see with convenient pool access and a beautiful pool view... just in time for summer!
154 Timberline Ct
City/Area: Brea, CA 92821 Beds: 3 Baths: 3 Sq. Ft.: 1,492 Year/Age: 1976 Lot Size: 1545 Map Code: 709B6 Census:
3
MLS#: P704483
List Price: $333,000 Sold Price: $330,000 $/Sq. Ft.: $221 List Date: 09/14/2009 Sold Date: 01/25/2010 Expired Date: DOM/MT: 116
Interior Features:
Fireplace: Y;
Exterior Features:
Garage: 2;
Lot Features: Remarks:
168 Cascade Ct
City/Area: Brea, CA 92821 Beds: 3 Baths: 3 Sq. Ft.: 1,462 Year/Age: 1976 Lot Size: 1545 Map Code: 709B6 Census:
4
MLS#: P756055
List Price: $340,000 Sold Price: $340,000 $/Sq. Ft.: $233 List Date: 10/12/2010 Sold Date: 11/17/2010 Expired Date: DOM/MT: 37
Interior Features:
Fireplace: Y;
Exterior Features:
Garage: 2;
Lot Features: Remarks:
Popular floor plan located in The Country Road Town House complex. Beautifully remodeled kitchen with granite counters and custom cabinets. New carpet and paint throughout, new tile in kitchen and baths. Private enclosed patio. The complex amenities include two pools which have been recently refurbished, ample green belts for walks with your family or the dog. Great location in Brea, close to downtown Birch Street and the 57 fwy. and lots of shopping. Walking distance to all three award winning schools! This is a standard sale, ready to move in! Bring your fussy buyers, this is a great home and it will go fast!
Address
277 Mountain Ct 809 Vista Ct 154 Timberline Ct 168 Cascade Ct
Date Listed
6/11/2010 2/7/2008 9/14/2009 10/12/2010
Listing Price
$329,000 $399,000 $333,000 $340,000
Market Analysis
Market Analysis
Market Analysis
Number of Listings Lowest List Price Average List Price Highest List Price Average Price/SqFt Average DOM
Market Analysis
Market Analysis
Number of Listings Lowest Sold Price Average Sold Price Highest Sold Price Average Price/SqFt Average DOM
Market Analysis
Market Analysis
Expired Properties
277 Mountain Ct 809 Vista Ct 3 2 3 3 121 182 1,785 1,326 $329,000 $399,000
Averages
152
1,556
$364,000
N/A
Sold Properties
154 Timberline Ct 168 Cascade Ct 3 3 3 3 116 37 1,492 1,462 $333,000 $340,000 $330,000 $340,000 01/25/2010 11/17/2010
Averages
77
1,477
$336,500
$335,000
Market Analysis
Summary Analysis
$/SqFt
$234 $227 $231
DOM
151 76 76
Market Analysis
Market Analysis
Adjustments:
Property Description
Subject Description
+ /-
Values
Adjustments Summary:
Total Adjustments: Actual Sold Price: Adjusted Sold Price: % Change: $0 $0
High $352,000
$318,000
$122,246
$124,528
$195,754
$227,472
I understand that the above is an estimate only and that the actual costs which would be incurred may vary if an actual sale is consummated. The estimate amounts above are not guaranteed in any way.
Seller
Date
Broker/Sales Associate
Date
When the property is marketed with the help of a qualified real estate professional, you avoid allowing strangers into your home. Real estate professionals will generally pre-screen and accompany qualified prospects through your property. This increases your safety and allows for any last minute preparation.
A real estate professional is best suited to determine a pricing strategy for your property. You dont want to miss opportunities by overpricing or undervaluing your property. Knowledge about the surrounding areas, pricing trends, local information, and experience will ensure you are getting the best price for your home.
A real estate professional has many ways to effectively market your property. Proven marketing methods include flyers, open houses, the internet, local newspapers, and listing in the local Multiple Listing Service (MLS). There is a common misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS studies show that 82% of real estate sales are the result of contacts through previous clients, referrals, friends and family, and personal contacts. Keep in mind, advertising is only one part of marketing. The choice of media and frequency of advertising depends a lot on the home and specific market. Overexposure of a property in any media may give a buyer the impression the property is distressed or the seller is desperate. A qualified real estate professional will know when, where and how to advertise your property. Marketing also includes the exposure of your home to other real estate professionals and the general public. In many markets over 50% of real estate sales are cooperative sales; that is, a real estate professional other than yours brings in the buyer. Your real estate professional acts as the marketing coordinator, disbursing information about your property to other real estate professionals through the MLS, open houses, and office meetings. Preparation is critical to marketing your property effectively. A real estate professional is best suited to recommend repairs and cosmetic work that will significantly enhance the salability of your home.
Your real estate professional can assist you with objectively evaluating every buyer's proposal without compromising your marketing position. This initial agreement is only the start of a process that involves appraisals, inspections, and financing - and a lot of potential obstacles. Your real estate professional can help you write a legally binding agreement that will be more likely to make it through this complicated process.
Between the initial sales agreement and closing/settlement, questions may arise. For example, unexpected repairs are sometimes required to obtain financing or a concern with the title could potentially be uncovered. The required paperwork alone is intimidating for most sellers. Your real estate professional is the best person to objectively help you resolve these issues and move the transaction to closing/settlement. Your real estate professional can also meet with other professionals involved in the transaction process. Their industry contacts can make sure any unforeseen issues are handled reliably and quickly.
Seller
Date
Seller
Date
Broker/Sales Associate
Date
A competitively priced home will attract a high percentage of prospective buyers. The Intelligent Pricing Pyramid above demonstrates that a home priced at market value will attract a greater percentage of prospective buyers than a home price above market value. The higher above market value the home is priced, the fewer prospective buyers. A home priced below market value will typically attract the greatest percentage of prospective buyers. The further below market value the home is priced, the more prospective buyers.
You need to price your home prudently from the beginning, when buyer interest will be high. Timing is very important in real estate. The above graphic shows the importance of placing your property on the market at a realistic price from the start. A home attracts the most excitement and interest when it is first placed on the market for sale. A home has its greatest chance for selling when it is newly listed. Pricing your home correctly, from the start, will help it sell in the shortest possible time frame.
Marketing Planner
Date
12/7/2011 12/7/2011 12/8/2011 12/8/2011 12/8/2011 12/9/2011 12/9/2011 12/11/2011 1/21/2012
Task
List home on Homes.com Sign listing papers Input listing into the MLS Order for sale sign for property Order lock box for property Advertise in local newspaper and on web site Create flyers and other marketing materials Hold open house Review pricing strategy
Completed
General Exterior
Prospective buyers will react well to signs your home has been meticulously maintained. Manicure landscaping: mow, edge and water lawn, trim hedges, weed and fertilize flowerbeds, and prune trees. Keep driveway clean and free of parked cars, and keep the garage door closed. Repair or replace loose or damaged roof shingles. Minimize cracks or crumbling on walkways, walls, or steps, and keep them clean and free of obstructions like toys or snow. Items from RVs to waste cans left out can contribute to a cluttered or busy appearance. Make sure that from the street, your property appears clear. Inspect appearance of interior window coverings from the curb. Repair any peeling paint or loose caulking on windows or other areas. Take steps to eliminate insect or rodent pests. Pick up after your pets and neighborhood animals. While agents work the lockbox for a key, buyers have idle time to notice details. Apply a fresh coat of paint to the front door. Consider adding pots of flowering plants in the entryway if weather permits. Eliminate cobwebs and groom doorway area windows, porch light, or decorative glass.
Doorway
Interior Appeal
Once inside, experts say most buyers are reaffirming their curbside decision.
Subtle scents of potpourri in bedrooms or baths and fresh baked cookies or cinnamon in the kitchen can make your home more inviting. Keep an attractive set of towels in each bathroom to be brought out only for showings.
General Preparation
When preparing your home, think about the interior decorating ideas used to show builders' model homes and how you would be wowed if you were the potential buyer. Remember the pointers from "First Impressions" checklist, especially regarding cleanliness, clutter and repairs - interior and exterior. Open drapes and light lamps including those in closets, basement or attic - creating as light, cheerful and calm environment as possible. Make the potential buyer feel welcome by filling candy dishes and putting out fresh flowers.
Bedrooms
Make the beds; put away clothes and toys. Turn the blinds so slats are uniformly open and dont forget to put on light if room is dark.
Bathrooms
Put out a clean hand towel, fresh soap and clean soap dish, and make sure there is a full box of tissues. Put toilet lid down. Potpourri dish can provide a nice sight and scent.
Kitchen
Put away all dishes and discreetly conceal countertop articles. Simmer a few drops of vanilla on stove for a relaxing fragrance.
Dining Room
Arrange inviting centerpiece and turn on the lights/chandelier. Consider setting the table with fine china and linen.
Entryway
Before Moving
Change of address notices: Post Office. Banks, Credit Cards, other monthly bills. Insurance - new locations for fire and auto. Subscriptions. Friends, Relatives. (Remember some of these need several weeks notice.) Utility Companies: Gas, water, electricity, telephone, fuel. Turn them off at your current home and on at your new home. Dont forget to ask for refunds if you made any advance deposits. Finances: Find a new bank if necessary. Arrange check-cashing and coordinate credit references. Medical Records: Get referrals for doctors, dentists, and veterinarian. Obtain any necessary prescriptions, x-rays, eyeglasses, medical records, and birth records. Packing: If using a moving company, check for: insurance coverage, payment schedule, other shipping documents, arrival day, labor, and prep work to be accomplished beforehand. If you are moving, have plenty of boxes and wrap on hand. Pack as much as possible in advance, dont wait until moving day. Empty and clean freezer and refrigerator.
Moving Day
Transportation: Prepare for the needs of small children and animals. What will they do while you are packing and how will they get to your new home? Double check: When the house is empty, but before the moving truck door closes, double check closets, attics, back yard, and any other storage locations to make sure they are empty. Important Items: Carry jewelry and documents yourself or send them registered mail. Money: You should carry enough cash or travelers checks to cover your move and expenses until you reach your new home. Keys: Leave old house keys with a neighbor or your real estate professional.