Fill Out a Valid Erc Broker Market Analysis Template
Guide to Writing Erc Broker Market Analysis
Completing the ERC Broker Market Analysis form requires careful attention to detail. This process will guide you through gathering essential information about the property, its condition, and market factors that influence its value. Follow these steps to ensure a thorough and accurate submission.
- Obtain the necessary information regarding the property, including the file number, homeowner(s) name, and property address.
- Fill in the homeowner's contact information, including home and work phone numbers, as well as email addresses.
- Provide details about the requesting company, including its name, contact person, address, and phone number.
- Complete the assignment section with the real estate firm's name, contact name, email, address, and phone number.
- Document the agent preparer's contact information and the homeowner's purchase price along with the purchase date.
- Note any improvements made by the homeowner and indicate whether the property is currently listed for sale.
- Specify the form of ownership and occupant type (homeowner, tenant, or vacant).
- Identify the property type (e.g., condo, single-family home, etc.) and any personal property that remains with the sale.
- Assess the lot characteristics and the subject's view, noting any positive or negative aspects.
- List any locational issues that may affect the property’s insurability.
- Check all applicable site characteristics and miscellaneous issues that may affect the property.
- Detail any required inspections and disclosures related to the property.
- Identify the most probable means of financing for the property and describe any necessary financing concessions.
- Comment on any potential issues that may affect financing and detail the ratio of owners to investors if applicable.
- Define the subject neighborhood and broader market area, including price ranges and property values.
- Calculate the months supply of inventory and describe marketing concessions for competing properties.
- Document major corporations in the neighborhood and current economic conditions affecting marketability.
- Gather comparable sales data, including property details and sales history for similar properties.
- Provide your overall rating of the subject property compared to the comparable sales.
- Review the completed form for accuracy before submitting it to the requesting company.
Document Breakdown
| Fact Name | Details |
|---|---|
| Purpose | The Erc Broker Market Analysis form helps real estate brokers analyze property conditions, competition, and marketability. |
| Sales Price Estimation | It allows brokers to estimate the Most Likely Sales Price (MLSP) based on the property's current condition. |
| Not an Appraisal | This form is not an appraisal and should not be used as such. It does not comply with professional appraisal standards. |
| Disclosure Requirements | Users must be aware of state-specific disclosure requirements and include them in the analysis. |
| Inspection Guidelines | Procedural guidelines for contacting homeowners and submitting reports must be followed as per the requesting company's instructions. |
| Expiration Date | The form is valid until December 31, 2009, and should not be used after that date. |
| State-Specific Laws | Each state may have different governing laws that affect how this form is completed and used. |
FAQ
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, its competition, and its future marketability. By evaluating these factors, brokers can estimate the Most Likely Sales Price (MLSP) for the property. It is important to note that this analysis is not a home inspection or an appraisal, and it should not be used as such.
How is the Most Likely Sales Price (MLSP) determined?
The MLSP is based on the property's current "as is" condition and a marketing time that typically does not exceed 120 days. The broker must consider various factors, including the property's location, condition, and comparable sales in the area to arrive at this estimate.
What should be included in the property condition inspection?
The property condition inspection should include a detailed assessment of various aspects, such as:
- Decor and overall appearance
- Signs of water damage
- Structural integrity issues
- Any maintenance concerns
Additionally, the broker should document any necessary repairs and improvements, along with estimated costs for each item.
Are there specific state disclosure requirements to consider?
Yes, brokers must be aware of and comply with any state-specific disclosure requirements when filling out the form. This may include information about property conditions, neighborhood issues, or other factors that could affect the property's value or marketability.
What types of financing options should be identified on the form?
The form requires the broker to identify the most probable financing options for the property, which may include:
- FHA loans
- VA loans
- Conventional mortgages
- Cash purchases
Understanding the financing landscape can help in assessing potential buyer interest and marketability.
What is the importance of analyzing the neighborhood and broader market area?
Analyzing the neighborhood and broader market area is crucial for understanding local economic conditions, property values, and competition. This analysis helps brokers make informed decisions about pricing and marketing strategies. Factors such as the presence of major corporations, local amenities, and market trends can significantly impact the property's attractiveness to buyers.
How should competing listings be evaluated?
Competing listings should be evaluated by comparing similar properties that have sold recently or are currently on the market. Brokers should consider aspects such as:
- Original and current list prices
- Seller concessions
- Days on market
- Condition and features of the competing properties
This comparison provides valuable insights into how the subject property stacks up against its competition, aiding in setting an appropriate sales price.
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Erc Broker Market Analysis 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
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: |
% |
(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 |
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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 |
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Exterior Finish |
□ Aluminum |
□ Stucco |
□ Aluminum |
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□ Stucco |
□ Aluminum |
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□ Stucco |
□ Aluminum |
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□ 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 |
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□ Slate |
□ Composite |
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□ Slate |
□ Composite |
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□ 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 |
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□ Tin |
□ Wood shake |
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□ Tin |
□ Wood shake |
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□ 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 |
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□ Crawl Space |
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□ Crawl Space |
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Basement Finish |
□ 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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Attic (Check all that apply) |
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□ Crawl Space |
□ Full |
□ Crawl Space |
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□ Full |
□ Crawl Space |
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□ Full |
□ Crawl Space |
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□ 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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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 |
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□ Studio |
□ Guest House |
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□ Studio |
□ Guest House |
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□ Studio |
|||||
(Check all that apply) |
□ Pool House |
□ Shed |
□ Pool House |
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□ Shed |
□ Pool House |
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□ Shed |
□ Pool House |
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□ 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 |
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Water Supply |
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□ Community |
□ Well |
□ Community |
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□ Well |
□ Community |
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□ Well |
□ Community |
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□ 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 |
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□ Central |
□ None |
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□ Central |
□ None |
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□ Central |
||||
□ Window/Wall |
□ Heat Pump |
□ Window/Wall |
□ Heat Pump |
□ Window/Wall |
□ Heat Pump |
□ Window/Wall |
□ Heat Pump |
|||||||||
(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 |
|
□ Wood stove |
□ Solar |
□ Wood stove |
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□ Solar |
□ Wood stove |
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□ Solar |
□ Wood stove |
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□ Solar |
||||||
(Check all that apply) |
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□ Base Board |
□ Coal |
□ Base Board |
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□ Coal |
□ Base Board |
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□ Coal |
□ Base Board |
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□ Coal |
||||||
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□ Heat pump |
□ Radiator |
□ Heat pump |
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□ Radiator |
□ Heat pump |
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□ Radiator |
□ Heat pump |
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□ 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 |
||||
Lot Characteristics |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
View |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Floor Plan Utility |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Ext. Condition’s Appeal |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Int. Condition’s Appeal |
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|
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
||||
Overall Rating of Listings as |
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□ 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 |
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Address, City |
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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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Final List Price |
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$ |
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$ |
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$ |
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Sales Price |
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$ |
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$ |
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$ |
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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 $ |
|
Orig. List Price $ |
|
Orig. List Price $ |
|
Orig. List Price $ |
|
|||||
Last List Price $ |
|
Last List Price $ |
|
Last List Price $ |
|
Last List Price $ |
|
||||||
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 |
|
Lot Characteristics |
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
|
View |
|
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
|
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 |
|
Int. Condition’s Appeal |
|
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□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
□ Superior |
□ Similar |
□ Inferior |
|
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 |
|
VALUE |
ANALYSIS |
SIGNATURES |
|
Check all that apply: |
|
|
|
|
□ Local Buyer |
□ Transferee |
□ International Buyer |
□ |
□ |
□ Empty Nester |
□ Military |
□ Parent Purchaser for Child |
□ |
□ Investor |
□ |
□ 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): $ |
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|
|
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. |
|||
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(# of days) |
|||
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File #: |
|
|
Real Estate Firm: |
||||
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Real Estate Firm Tax ID #: |
|
|
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 |