Return to flip book view

Mark and Angela Sells CMA

Page 1

COMPARATIVE MARKET analysis LORI DAVIS 704 649 3677 WWW LORIATTHELAKE COM

Page 2

Lori Davis Your Edgewater Specialist Welcome Want to know what your home is worth in this market Before we can put a price on your home it is important to ask these questions what are homes like yours worth in this area Have any sold recently Why did they sell or fail Answers to these questions will help us understand the market value of your property and ultimately what buyer s are willing to pay Knowledge is power and I m here to help in any way you need As a Member of the Institute for Luxury Home Marketing I am part of an international network of real estate professionals who specialize in the luxury market What is a CMA A Comparative Market Analysis CMA evaluates the value of one home based on similar properties nearby this includes looking at size and location as well condition or amenities offered by each comparable property This is a great way to find out a GENERAL range of how much your home is worth

Page 3

About Me LORI DAVIS Lori at the Lake Some random but possibly useful facts about me I enjoy working out but only because I love to eat I need my coffee and sweet tea everyday or you probably don t want to talk to me I love DIY projects as long as they take less then 30 minutes I think Friday afternoon is the best time of the week I m a busy mom and wife to Mark the GM Head Pro at Red Bridge Golf Course so if you need golf lessons I know people I miss my parents every day but that just makes Heaven a little closer I love Lake Tillery We ve had a house on the lake for over 11 years and decided we loved it so much we moved here full time 3 years ago I am a Member of the Institute for Luxury Home Marketing With my training I am better able to help sellers and buyers in our luxury market at the lake I know how stressful it can be to sell or buy a home let me help take the stress away I m a Type A personality and have worked with every type of person from Country Superstars to your small town Aunt so I will handle everything and you worry about nothing With my knowledge of the lake and my experience I ve got all your needs covered 704 649 3677 lwdrealtor gmail com www loriatthelake com instagram com lori at the lake

Page 4

RECENTLY SOLD 226 Clearwater Ct 4055 Old Timber Way 4059 Old Timber Way This beautiful home This beautiful home This beautiful home is was sold on 11 30 22 was sold on 10 22 22 listed at 5 200 000 It after 5 days on the after 11 days on the was listed on March market market 23 2023 HOME FEATURES HOME FEATURES HOME FEATURES 4 bed 4 and 3 half baths 3 car garage 5294 sq ft 5 bed 4 and 1 half baths 2 car garage 4910 sq ft 623 sqft 529 sqft SALE PRICE 3 299 000 SALE PRICE 2 600 000 5 bed 6 baths 4 car garage 7033 sq ft LISTED FOR 5 200 000

Page 5

YOUR HOME details 150 Forest Lake Ct 4 BEDROOMS COVE MAIN CHANNEL AND 800 SQ FT DOCK 4 BATHROOMS 3 906 SQ FT This information is based off of tax records of course this information is general and possibly incorrect so your actual home value may vary due to that discrepancy I would verify and remeasure your home if listed for sale The listing price of your home is very important but until I can see inside outside with all the upgrades and condition this is a good range based on previous sales around the lake and our neighborhood If you ever decided to list we will work together to d e c i d e t h e n u m b e r t h3a2 5t 0f 0e0e l s r i g h t for you January 12 2011 280 000 January 12 2004 220 000

Page 6

RECOMMENDED range of prices Low 1 900 000 Recommended 2 100 000 High 2 200 000 LORI DAVIS 704 649 3677 WWW LORIATTHELAKE COM

Page 7

The Formula For A Successful Sale It s important to thoroughly evaluate the market to determine the market value of your home Properties that are priced right from the beginning typically sell for more in the end If you price your home too high the home will stay on the market longer The longer a home stays on the market the less it will be shown Your property attracts the most interest when it is first listed so it is crucial to price it correctly initially WHAT DETERMINES THE PRICE OF YOUR HOME 1 Recent Comparable Sales 2 Market Conditions 3 Exposure 4 Property Features 5 Terms you offer WHAT DOES NOT DETERMINE THE PRICE OF YOUR HOME 1 What you paid for it 2 Investments made in the property 3 What you want to profit from the sale

Page 8

Listing Strategy PRICING STRATEGY Using a market analysis in your area we will price your home correctly the first time so that it will sell quickly If your home is priced at fair market value it will attract the the largest number of potential buyers in the first few weeks If a home is overpriced it will attract the fewest number of buyers looking to purchase a home This is because the majority of home buyers look at a lot of homes and they quickly get a feel for the price range that homes sell for in a given condition in a location PROFESSIONAL STAGING To make sure your home is shown in its best light to buyers I will provide a professional staging consultation to ensure your home is ready to go on the market Their job is to neutralize your home to appeal to the maximum number of potential buyers PROFESSIONAL PHOTOGRAPHY VIDEOGRAPHY In today s market home buyers are searching online first So it is imperative that the photos of your home are of the very best quality to catch the buyers attention and stand out from the competition including special movie like videos to showcase your home More eyes on your home is the best way to get it sold fast and for top dollar AGENT MARKETING Being part of a very large agent network I will reach out to this network to see if your home might be a great fit for one of their buyers including International agents This agent network is key to connecting buyers with your home as 88 of residential sales involve real estate agents ADVERTISING MARKETING I know the importance of marketing a property and that is an area I heavily focus my budget on attracting hundreds of buyers per month and increasing brand awareness

Page 9

CUSTOMER Testimonials My wife and I were lucky enough to have a friend recommend Lori Davis to sell our home at lake Tillery Lori was a true blessing She navigated us through the entire process seamlessly All of her recommendations were not only accurate but delivered in a thoughtful manner and added value that reflected in the sale price She was honest practical and kept us informed throughout to entire process She made the selling process fun We could not have been more pleased and highly recommend Lori Thank you again Lori for being so great Elliott W Rob Angela Miller Seriously you are the best real estate agent we ve ever worked with So on top of everything and thinking of every last detail Charissa M

Page 10

Notes