Broker Opinion of Value

                                               

This form is being

 completed for:

 

    Home  Marketing

    Inventory

Client Marketing Time

  ___   60 Days

   ___   90 Days

   ___    120 Days

 

   ___   Normal Marketing Time

 

Contact: 

Phone #

File #

E-mail Address: 

Fax #

 

               

 

Homeowner

 

Address

 

City/State/Zip

 

Prepared by (company name)

 

Agent Name:

 

Relocation Director Name:

 

Agency Address:

 

City/State/Zip

 

Agent  Phone #

 

Fax #

 

E-mail

 

If Listed, Current Listing Company/Agent & Address

 

 

Typical Commission for the area

          %

List to Sale Price Ratio for area:

           %

Homeowner Purchase Date

 

Homeowner’s Purchase Price

$

                         

 

Property and Neighborhood Data

Subject Property

 ___  Single Family           ___  Mobile/Manufactured              ___  Urban                       ____  Sprinklers     

 ___  Townhouse               ___  Multi-family                           ___  Rural                        ____  Security System

 FORMCHECKBOX  Condo                      FORMCHECKBOX  Other                                   ___  Suburban                 _____  Owned         ___  Leased

Does the subject property conform to the neighborhood?     Y  ___   N  ___   If no, explain:           

Are taxes typical for the area?  Y  ___   N  ____   If no, explain:        

Property Values

 FORMCHECKBOX  Increasing    FORMCHECKBOX  Stable          FORMCHECKBOX  Declining

Type of Cooling

 FORMTEXT      

Typical?

Y  FORMCHECKBOX   N  FORMCHECKBOX

Type of Heat

 FORMTEXT      

Typical?

Y  FORMCHECKBOX   N  FORMCHECKBOX

Supply/Demand

 FORMCHECKBOX  Shortage      FORMCHECKBOX  In Balance    FORMCHECKBOX  Over Supply

Association

Gated:              FORMCHECKBOX  Yes              FORMCHECKBOX  No  

Pool:                 FORMCHECKBOX  Yes FORMCHECKBOX  No

Tennis:              FORMCHECKBOX  Yes FORMCHECKBOX  No

Club House:      FORMCHECKBOX  Yes FORMCHECKBOX  No

Dues:    $  FORMTEXT                       FORMCHECKBOX  Month          FORMCHECKBOX  Year

Special Assessments:   $ FORMTEXT      

Litigation?          FORMCHECKBOX  Yes   FORMCHECKBOX  No  If yes, explain:  FORMTEXT      

Common Charges          $                      FORMCHECKBOX  Month          FORMCHECKBOX  Year

Normal Market Time for Subj Property Area:

 FORMCHECKBOX  60 Days     FORMCHECKBOX   90 Days      FORMCHECKBOX   Up to 120 Days

 FORMCHECKBOX  Over 120 Days   FORMCHECKBOX  Other ___________________

Competition in Subject’s Price Range:

Number of competing listings: 

Low: $                        High: $

New Construction in Direct Competition

Number of homes in price range:

Current Builder Incentives:

Current Agent Incentives:

Number of sales in the last 3 months in this price range:

 

 

Typical buyer/agent incentives/concessions:

           

 

Local Market Indicators

Provide a prediction of the local real estate market for the next 90 days.  Include information on economy, layoffs, major business closings, new construction, new employment opportunities, etc.

 

 

 

 

 

 

Location

What is the marketing impact of the subject’s location?  (schools, shopping, highways, employment, etc.)  Describe below.

 

 

 

 

 

 


 

 

Competing Listings

Info Type

Subject Property

Competing Listing

#1

Competing Listing

#2

Competing Listing

#3

Address

 

 

 

 

 

 

 

Proximity to Subject

N/A

 

 

 

Subdivision Name

 

 

 

 

Original List Date

 

 

 

 

Original List Price

 

 

 

 

Current List Price

 

 

 

 

Date of Last Price Change

 

 

 

 

Days On market

 

 

 

 

Style

 

 

 

 

Type of Exterior

 

 

 

 

Car Storage/Att./Det.

 

 

 

 

Age of Property

 

 

 

 

Lot Size/View

 

 

 

 

Sq. Ft. w/o basement

 

 

 

 

Room Count (above grade)

Total

 

Bdrm

 

Bath

 

Total

 

Bdrm

 

Bath

 

Total

 

Bdrm

 

Bath

 

Total

 

Bdrm

 

Bath

 

Basement (Sq. Ft. / % fin.)

 

 

 

 

Deck/Patio

 

 

 

 

Pool/Spa

 

 

 

 

Well/Septic/Other

 

 

 

 

Fireplaces/# of

 

 

 

 

Roof Type and Condition

 

 

 

 

Heating/Cooling

 

 

 

 

Seller Concessions Offered

 

 

 

 

Buyer/Agent Incentives

 

 

 

 

 

Commission:

       Listing %

       Listing %

       Listing %

       Listing %

       Selling %

       Selling %

       Selling %

       Selling %

       Total %

       Total %

       Total %

       Total %

 

LIST 1: Similarities -  FORMTEXT      

            Superior Features -  FORMTEXT      

            Inferior Features -  FORMTEXT      

 

LIST 2: Similarities -  FORMTEXT      

            Superior Features -  FORMTEXT      

            Inferior Features -  FORMTEXT      

 

LIST 3: Similarities -  FORMTEXT      

            Superior Features -  FORMTEXT      

            Inferior Features -  FORMTEXT      

                         

 

Inspections

Required Inspections in order to Close/Pass Title (i.e., C of O, lead paint, termite, underground storage tank,  state or municipal required inspections etc.)

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      


 

Recommended Inspections (what visible evidence might require this inspection)

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 

Condition of Property

Item

Excel

Good

Fair

Poor

Reason for Rating

Exterior

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Interior

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Landscape (Front)

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Landscape (Back)

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Foundation

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Roof

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Drainage

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Carpet/Floor Covering

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Curb Appeal

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Other

    

    

    

    

    

Other

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 


 

 

Repairs

Recommended Repairs and Improvements needed to minimize sales time and obtain the best price.

Exterior 

Interior

Type

Estimated Cost

Contributory Value

    

    

 

$  FORMTEXT      

$ FORMTEXT      

    

    

 

$      

$    

    

    

 

$      

$    

    

    

 

$      

$    

    

    

 

$  FORMTEXT      

$ FORMTEXT      

    

    

 

$  FORMTEXT      

$ FORMTEXT      

    

    

 

$  FORMTEXT      

$ FORMTEXT      

 

Comparable Sales

Info Type

Subject Property

Comparable Sale

#1

Comparable Sale

 #2

Comparable Sale

#3

Address

 FORMTEXT      

 

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Sales Price

N/A

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Closing Date

N/A

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Proximity to Subject

N/A

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Subdivision Name

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Days On Market

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Original List Price

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Final List Price

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Date of Last Price Change

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Style

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Type of Exterior

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Car Storage/Att./Det.

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Age of Property

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Lot Size

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Sq. Ft. w/o basement

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Room Count (above grade)

Total

 FORMTEXT      

Bdrm

 FORMTEXT      

Bath

 FORMTEXT      

Total

 FORMTEXT      

Bdrm

 FORMTEXT      

Bath

 FORMTEXT      

Total

 FORMTEXT      

Bdrm

 FORMTEXT      

Bath

 FORMTEXT      

Total

 FORMTEXT      

Bdrm

 FORMTEXT      

Bath

 FORMTEXT      

Basement (Sq. Ft. / % fin.)

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Deck/Patio

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Pool/Spa

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Fireplaces/# of

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Well/Septic/Other

 

 

 

 

Roof Type and Condition

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Heating/Cooling

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Seller Paid Concessions *

 

 

 

 

Buyer/Agent Incentives

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

Other Incentives

    

    

    

    

 

Commission:

       Listing %

       Listing %

       Listing %

       Listing %

       Selling %

       Selling %

       Selling %

       Selling %

       Total %

       Total %

       Total %

       Total %

 

SALE 1:  Similarities -  FORMTEXT      

Superior Features -  FORMTEXT      

Inferior Features -   FORMTEXT      

 

SALE 2:  Similarities -  FORMTEXT      

Superior Features -  FORMTEXT      

Inferior Features -  FORMTEXT      

 

SALE 3:  Similarities -  FORMTEXT      

Superior Features -  FORMTEXT      

Inferior Features -  FORMTEXT      

                           

 

Buyer Profile

What is the typical buyer profile for this price range and area?  Describe below.

 FORMTEXT      

Financing

Are there any issues that might affect financing?  What is the typical means of financing in this price range and area?

 FORMTEXT        *(supply supporting data for Seller Concessions typical & customary in market)

 

 

 

 

 


 

 

Marketability

List the Positives and Negatives that may affect the sale of this property.

Positives

Negatives

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

    

    

    

    

    

    

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 FORMTEXT      

 

Home Marketing Plan

What is your initial strategy for the first 30 days to market the home?  Describe in detail.

    

If this property does not sell in the first 30 days, what action steps would you suggest in order to generate a sale?  Describe in detail.

 FORMTEXT      

 

 

 

 

If this property does not sell in the first 60 days, what action steps would you suggest in order to generate a sale?  Describe in detail.

 FORMTEXT      

 

 

 

How would you position a price reduction with the homeowner?  Typically how many days on market before a price reduction is suggested? Describe in detail.

 FORMTEXT      

 

 

 

 

 

General Comments

    

 

 

 

 

 

 

BROKERS OPINION                                                                     

This form is being

 completed for:

         

         FORMCHECKBOX   Home Marketing

          

         FORMCHECKBOX   Inventory

Client Marketing Time

 

List Price

 

Sale Price

(As Is)

       FORMCHECKBOX     60 Days

$

$

       FORMCHECKBOX     90 Days

$

$

       FORMCHECKBOX    120 Days

$

$

       FORMCHECKBOX     Normal Marketing Time*

$

$

*What is Normal Market Time (NMT) used for the most likely sale price? 

Indicate Time Frame:

 

Values for time checked will be used for performance

             

 

This Market Analysis is NOT intended as an appraisal and has NOT been completed by a licensed or certified Appraiser.

This Market Analysis CAN NOT be used in any federally regulated transaction.

Prepared By:

 FORMTEXT      

Date:

 FORMTEXT      

 

Signature:

 

 

Relocation Director Signature,

 

Phone #:                         Date:

                                   

Broker Name:

 

Phone #: