Donna Behrens-Wrich 8704 CREMONA DR Prepared …homehuntinglasvegas.webs.com/comparative market...

Researched and prepared by

Donna Behrens-Wrich

Prepared exclusively for

Wrich G

Prepared on

July 28, 2017

Copyright: 2017 All rights reserved.

This is a broker price opinion or comparative market analysis and should not be considered an appraisal. In making any

decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or

analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation .

Subject Property

8704 CREMONA DR

89117

Donna Behrens-Wrich

Shelter Realty, Inc

homehuntinglasvegas.com

702-812-1123

[email protected]

Researched and prepared by

Donna Behrens-Wrich

Prepared exclusively for

Wrich G

Prepared on

July 28, 2017

Subject Property

8704 CREMONA DR

89117

Donna Behrens-Wrich

Shelter Realty, Inc

homehuntinglasvegas.com

702-812-1123

[email protected]

Copyright: 2017 All rights reserved.

This is a broker price opinion or comparative market analysis and should not be considered an appraisal. In making any

decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or

analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation .

Minimums and MaximumsThis page summarizes key fields of the listings in this analysis.

Friday, July 28, 2017, 89117

8704 CREMONA DR

The listings in this analysis can be summarized as follows:

Listing Price between $320,000 and $342,488

4 Bedrooms

1 to 2 Full Bathrooms

0 to 1 Half Bathroom

2,172 Square Feet

$147.33 to $157.68 per Square Foot

$151.01 per Sold Square Foot

Researched and prepared by Donna Behrens-Wrich

Shelter Realty, Inc

CMA Pro ReportThese pages give a general overview of the selected properties.

Friday, July 28, 2017, 89117

8704 CREMONA DR

Active Properties

8740 POTENZA Lane

1916418 4 $324,777L Price:

Baths:

Status:MLS #: Beds:

County:

Rmks:

1/0Clark County

A

SF:

Sub Type:

This won't last long! Great location near Boca Park and Tivoli Village and NO

HOA! Extra parking space for any toys! Move in ready! Travertine tile all

throughout the first floor, brand new carpet, and fresh paint on inside and

outside. Excellent home for entertaining with pool, wet bar, and fireplace.

Come and see it today before it's gone!

Single Family Residential

2,172Prop Type: Residential

Contingent Offer Properties

8900 PESARO Drive

1883042 4 $320,000L Price:

Baths:

Status:MLS #: Beds:

County:

Rmks:

2/1Clark County

C

SF:

Sub Type:

GREAT OPPORTUNTY FOR A HOME IN THIS WELL ESTABLISHED

NEIGHBORHOOD! LARGE LOT WITH RV PARKING, HUGE POOL WITH SAFETY

FENCE, 3 CAR GARAGE, 4 BEDROOMS A PLUS, LARGE BALCONY IN BACK, FULL

BED AND BATH DOWN, SO MUCH MORE! NEEDS A LITTLE TLC, EASY ACCESS

TO SCHOOLS, SHOPPING & FREEWAY!



1505 ODETTE Lane

1911044 4 $342,488L Price:

Baths:

Status:MLS #: Beds:

County:

Rmks:

1/0Clark County

C

SF:

Sub Type:

DIVE INTO THIS BEAUTIFUL SPARKING POOL HOME THIS SUMMER!

FANTASTIC SPLIT LEVEL FLOOR PLAN FEATURES STAINLESS/BLACK

WHIRLPOOL APPLIANCES, UPDATED KITCHEN W/ESPRESSO CABINETS,

GRANITE COUNTERS, SOFT-CLOSE DRAWERS, & PULL OUT PANTRY SHELVES!

SUNKEN FAMILY ROOM SHOWCASES WOOD BURNING FIREPLACE & WET BAR!

ENCLOSED COURTYARD ENTRY, LARGE BACK YARD W/NEW KOOL DECKING &

COVERED PATIO! WASHER, DRYER, FRIDGE, SOLAR SCREENS & WATER

SOFTENER INCLUDED!




Shelter Realty, Inc


Friday, July 28, 2017, 89117

8704 CREMONA DR

Pending Properties

8761 POTENZA Lane

1904685 4 $324,900L Price:

Baths:

Status:MLS #: Beds:

County:

Rmks:

2/1Clark County

P

SF:

Sub Type:

BEAUTIFUL 2 STORY 4 BEDROOM 3 BATH HOME OVER 2,100 SQ. FT. HOME

FEATURING POOL AND SPA AT THE END OF A CUL-DE-SAC, COVER PATIO,

WITH BED AND BATH DOWN STAIRS. BRICK FIREPLACE, WET BAR, FORMAL

LIVING & DINING, LARGE SHOWER.



Sold Properties

8732 POTENZA Lane

1896087 4 $324,900L Price:

Baths:

Status:MLS #: Beds:

S Price: $328,000

S Date: 7/12/2017

County:

Rmks:

1/0Clark County

S

SF:

Sub Type:

**FRESHLY PAINTED 4 BEDROOM ON 10,000Sqft CORNER LOT WITH

SPARKLING POOL!!!!** THIS FANTASTIC PROPERTY IS WALKING DISTANCE

TO BOCA PARK'S PLENTIFUL DINING & SHOPPING!! NOT ONLY DOES THIS

HOME HAVE A POOL, IT ALSO FEATURES A QUALITY CRAFTED PERGOLA

STYLE PATIO COVER & 3 SEPARATE SHEDS (ONE W/ POWER & AC)!!! PLENTY

OF SPACE FOR STORAGE & ACTIVITIES W/ 2 SEPARATE RV GATES. ALL

STAINLESS APPLIANCES, WASHER & DRYER INCLUDED!! MAKE THIS HOME

YOURS!




Shelter Realty, Inc


Friday, July 28, 2017, 89117

8704 CREMONA DR

Total # of Listings

Lowest Price

Highest Price

Average Price

Avg. List Price/SqFt

Avg DOM

$324,777

$324,777

$324,777

8

1

$149.53

0K 100K 200K 300K 400K 500K 600K

8740 POTENZA Lane

Active Properties

Total # of Listings

Lowest Price

Highest Price

Average Price


Avg DOM

$320,000

$342,488

$331,244

45

2

$152.51

0K 100K 200K 300K 400K 500K 600K

1505 ODETTE Lane

8900 PESARO Drive

Contingent Offer Properties


Shelter Realty, Inc


Friday, July 28, 2017, 89117

8704 CREMONA DR

Total # of Listings

Lowest Price

Highest Price

Average Price


Avg DOM

$324,900

$324,900

$324,900

5

1

$149.59

0K 100K 200K 300K 400K 500K 600K

8761 POTENZA Lane

Pending Properties

Total # of Listings

Lowest Price

Highest Price

Average Price


Avg DOM

$328,000

$328,000

$328,000

12

1

$149.59

0K 100K 200K 300K 400K 500K 600K

8732 POTENZA Lane

Sold Properties


Shelter Realty, Inc


Friday, July 28, 2017, 89117

8704 CREMONA DR

0.0K

100.0K

200.0K

300.0K

400.0K

500.0K

Avg Price Min Price Max Price

Summary Graph/Analysis

Cumulative Analysis

Listing Category Avg L$ Per SFAverage PriceLowest Price Highest Price

$324,777 $324,777 $149.53$324,777Active

$320,000 $342,488 $152.51$331,244Contingent Offer

$324,900 $324,900 $149.59$324,900Pending

$328,000 $328,000 $149.59$328,000Sold

$328,033Totals / Averages $150.74$320,000 $342,488

Sold Property Analysis

Address List Price Closed Price DOM %SP/LP SP/SqFt

8732 POTENZA Lane %100.95 $151.01$324,900 $328,000 12

$328,000$324,900 %100.95 $151.01Total Averages

Property SummaryS S Price Sold DateSqFtBthBds L PriceStreet Address DOM

Active


Shelter Realty, Inc


Friday, July 28, 2017, 89117

8704 CREMONA DR

S S Price Sold DateSqFtBthBds L PriceStreet Address DOM

8740 POTENZA LaneA 4 $324,7771/0 2,172 8

Contingent Offer

8900 PESARO DriveC 4 $320,0002/1 2,172 83

1505 ODETTE LaneC 4 $342,4881/0 2,172 6

Pending

8761 POTENZA LaneP 4 $324,9002/1 2,172 5

Sold

8732 POTENZA LaneS $328,000 07/12/20174 $324,9001/0 2,172 12


Shelter Realty, Inc

Number of Days On MarketThis graph illustrates the number of days on market for the listings in this analysis.

Friday, July 28, 2017, 89117

8704 CREMONA DR

0

20

40

60

80

100

1883

042

1896

087

1904

685

1911

044

1916

418

DOM

MLS#

Da

ys

On

Ma

rke

t

Days On Market


Shelter Realty, Inc

List Price and Sale PriceThis graph illustrates the list price, along with sale price in Sold listings.

Friday, July 28, 2017, 89117

8704 CREMONA DR

0K

50K

100K

150K

200K

250K

300K

350K

1883

042

1896

087

1904

685

1911

044

1916

418

List Price

Sold Price

MLS#

Pri

ce

Price Graph


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

Brief Summary of Compared Listings

This report summarizes the comparable listings contained in this market analysis.

Address L/S PriceBds BthSqFt MLS# DOM Stat Date Prop Sub Type

Status: Active

4Single Family

Residential

8740 POTENZA Lane $324,7771916418 07/20/2017 1/02,172 8

2,172 $324,7774 8Averages: 1/0


Status: Contingent Offer

4Single Family

Residential

8900 PESARO Drive $320,0001883042 06/17/2017 2/12,172 83

4Single Family

Residential

1505 ODETTE Lane $342,4881911044 07/07/2017 1/02,172 6

2,172 $331,2444 45Averages: 1/0


Status: Pending

4Single Family

Residential

8761 POTENZA Lane $324,9001904685 06/14/2017 2/12,172 5

2,172 $324,9004 5Averages: 1/0


Status: Sold

4Single Family

Residential

8732 POTENZA Lane $328,0001896087 07/12/2017 1/02,172 12

2,172 $328,0004 12Averages: 1/0

Summary

Status Total Avg $ Per SqFtAvg Price Avg DOM High Low Median

Active 1 $324,777 $324,777 $324,777 $324,777 8$149.53

Contingent Offer 2 $331,244 $331,244 $320,000 $342,488 45$152.51

Pending 1 $324,900 $324,900 $324,900 $324,900 5$149.59

Sold 1 $328,000 $328,000 $328,000 $328,000 12$151.01

$328,033 $324,900 $320,0005 $342,488 23Total $151.03


Pricing Recommendation

There are certain factors that are within our control and some factors beyond our control when it

comes to setting the price. Those factors within our control are: the appearance of the property,

how aggressively we market the property and the price. Factors outside our control are: location of

property, size and local amenities. It's important to accept those factors that are beyond our

control and focus on the pricing and preparation.

A property priced at market value will attract more buyers than a home priced above market value.

Consider that a competitively priced property will also attract a greater number of potential buyers

and increase your opportunity for a quick sale.

Friday, July 28, 2017, 89117

8704 CREMONA DR

General Facts About Pricing...

$313,000

Sell Price Statistics

Average Price:

High Price:

Median Price:

Low Price:

Figures are based on selling price after adjustments, and rounded to the nearest $100

Sell Price Per Sq. Ft. Statistics

Average Price/Sq Ft:

High Price/Sq Ft:

Median Price/Sq Ft:

Low Price/Sq Ft:$305,000

$327,500

$309,900

$151

$140

$143

$144

Market Statistics...

After analyzing your property, comparable properties on the market now, recent sales and

comparable properties that failed to sell, I conclude that in the current market, your property is most

likely to sell for .

Summary...

Recommended Price:


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

Market Analysis ExplanationThis is an explanation and overview of this market analysis.

This Comparative Market Analysis will help to determine the correct selling

price of your home. Ultimately, the correct selling price is the highest

possible price the market will bear.

This market analysis is divided into three categories:

1. Comparable homes that are currently for sale

2. Comparable homes that were recently sold

3. Comparable homes that failed to sell

Looking at similar homes that are currently offered for sale, we can assess

the alternatives that a serious buyer has from which to choose. We can also

be sure that we are not under pricing your home.

Looking at similar homes that were sold in the past few months, we can see

a clear picture of how the market has valued homes that are comparable to

yours. Banks and other lending institutions also analyze these sales to

determine how much they can lend to qualified buyers.

Looking at similar homes that failed to sell, we can avoid pricing at a level

that would not attract buyers.

This Comparative Market Analysis has been carefully prepared for you,

analyzing homes similar to yours. The aim of this market analysis is to

achieve the maximum selling price for your home, while being able to sell your

home within a relatively short period of time.


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

Steps to a Positive Showing

This page describes the key steps to making for a positive showing of your property.

You only get one opportunity to make a good impression, so you want to make it count. By

following these guidelines, you’ll enhance the attractiveness of your property and reduce the time it

takes to generate serious offers.

Less is More

Clutter makes a poor impression. In closets,

cabinets, kitchen countertops and other storage

areas like basements, remove anything not needed

for daily housekeeping. To make each room in your

property look larger, get rid of or donate

unnecessary furniture. Walk through your property

and think: “Less is more.”

Repairs

Make sure everything is in good working order.

Dripping faucets, squeaky steps and loose

doorknobs can easily create a bad impression and

reduce the value of your property. A few hours

spent on repairs, whether by yourself or a

tradesman, can pay big dividends when an offer is

made.

Little Things Count

It’s easy to improve the appearance of any room.

You may want to replace worn rugs or small pillows,

put new towels in the bathroom or brighten up a

room with a vase of flowers.

Pull Together

Get all the members of your household to pull

together when it comes to getting – and keeping –

your property ready to view. By getting everyone

into the habit of spending a few minutes tidying up

every morning for an afternoon showing, you

improve your chances considerably.

First Impressions

How your property appears from the outside is

important. To make a good first impression on a

buyer, a clean driveway, a freshly mown lawn

or a trimmed hedge will work wonders.

Do a critical inspection of the exterior of your

property, paying special attention to the

condition of your windows, shutters, screens

and gutters. One of the first things a buyer will

notice is the need for painting. If your property

looks like it needs painting, many buyers will

form an unfavorable impression. Elsewhere, little

things count. Make sure the front door is

spotless, including the doorknob, and that the

windows gleam.

Cleanliness Counts

Once inside your property, one of the key

factors that influences its appeal to a buyer is

cleanliness. Most important is front hallway, the

kitchen and the bathrooms. Do a room-by-room

cleaning, and don’t forget any out-of-sight

areas because that’s often where a

discriminating buyer will look first.

The state of the carpets can also be a

determining factor. At the very least, have your

carpets cleaned, and if they are worn, it’s wise

to replace them, or remove them if there is

hardwood underneath.


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

What it Takes to ShowThis page describes what it takes to show your property.

Scheduling the Showing

Coordination is the key. Before a sales

associate from our firm or a cooperating

broker shows or previews your property, a

representative from our firm will contact you

to schedule an appointment. You will then be

notified of the timing, and, if it’s acceptable,

the appointment will be confirmed. If you

can’t be reached, the showing will proceed

on the understanding that you wouldn’t want

to miss any chances for interested buyers to

view your property.

Timing

Ordinarily, you’ll get plenty of notice about

an appointment request. Some buyers,

however, may ask to see your property as

soon as possible. In such cases, a showing

could take place within an hour or so. If a

buyer requests a change to the timing of a

scheduled showing, you’ll be given as much

notice as possible.

Special Instructions

Any special instructions you may have given

to your listing agent, such as information on

pets, parking or security, will be listed in

your property file and thoroughly explained

to the sales associate who requested the

showing.

The Showing

If you’re not on hand during a showing, the

sales associate will use the property’s lock

box to enter. If you’re available, sales

associates will introduce themselves and give

you a business card.

Privacy

The fewer people around during a showing,

the better. It’s also a good rule to let the

buyer roam freely and discuss the property

with the sales associate without interruption.

A properly briefed sales associate will know

the buyer’s needs and will be able to point out

the features that meet the requirements.

Contact Information

If you’re not going to be available to approve

an appointment request, it’s important to

notify your sales associate. By leaving a

telephone number where you can be

contacted, you can be notified immediately

about an offer.

Previews

Occasionally, sales associates may schedule

an appointment to view your property without

a buyer. By familiarizing themselves with

what’s on the market, they will be an excellent

position to alert a buyer to a property that fits

the bill.

Unscheduled Appointments

Ask any people who show up to view your

property without an appointment to telephone

the listing agent to request a showing. Even if

the person identifies himself or herself as a

licensed sales associate, an appointment

request must be made first through your listing

agent.


Shelter Realty, Inc

CMA Map LayoutThis page displays the Map for the CMA Subject and your comparables.

Friday, July 28, 2017, 89117

8704 CREMONA DR

8704 CREMONA DR

1 8900 PESARO DR

2 8732 POTENZA LN

3 8761 POTENZA LN

4 1505 ODETTE LN

5 8740 POTENZA LN


Shelter Realty, Inc

Summary of Comparable Listings

This page summarizes the comparable listings contained in this market analysis.

Friday, July 28, 2017, 89117

8704 CREMONA DR

Address Price Beds Bth F SqFt

Active Listings

List Date

8704 CREMONA DR

$/SqFtBth H

2172 $0.00

$324,777 4 07/20/20178740 POTENZA Lane 1 0 2,172 $149.53

Averages: 4.0 1.0$324,777 2,172 $149.530.0


Contingent Offer Listings

Contract Date

8704 CREMONA DR

$/SqFtBth H

2172 $0.00

$320,000 4 06/17/20178900 PESARO Drive 2 1 2,172 $147.33

$342,488 4 07/07/20171505 ODETTE Lane 1 0 2,172 $157.68

Averages: 4.0 1.5$331,244 2,172 $152.510.5


Pending Listings

Pend Date

8704 CREMONA DR

$/SqFtBth H

2172 $0.00

$324,900 4 06/14/20178761 POTENZA Lane 2 1 2,172 $149.59

Averages: 4.0 2.0$324,900 2,172 $149.591.0


Sold Listings

Sold Date

8704 CREMONA DR

$/SqFtBth H

2172 $0.00

$328,000 4 07/12/20178732 POTENZA Lane 1 0 2,172 $149.59

Averages: 4.0 1.0$328,000 2,172 $149.590.0

MedianLow Average High Count

$320,000Comparable Price $324,900 $328,033 $342,488 5

Adjusted Comparable Price $305,000 $309,900 $313,033 $327,488 5

On Average, the 'Sold' status comparable listings sold in 12 days for $328,000


Shelter Realty, Inc

CMA Price AdjustmentsThis page outlines the subject property versus comparables properties.

Friday, July 28, 2017

, 89117

8704 CREMONA DR

Subject Property

8704 CREMONA DR

MLS#

List Price

List Date

Status

Bldg Desc

Tot Liv Area 2172

Appx Liv Area 2172

Beds

Baths Total

Flooring

PV Pool

#Garage

#Fireplaces

Lot SqFt 7405

Lot Desc

Prop Desc

Assoc/Comm

Features

House Views

Year Built 1984

Sold Price

$LP/SqFt

Sold Date

Price

Total Adjustments

Adjusted Price

AdjustDetails

8740 POTENZA Lane

1916418

$324,777

07/20/2017

Active

2 Stories, Tri-Level

2,172

2,172

4

1/0Carpet, Tile

Yes -15,000

2

1

7,405Under 1/4 Acre

None

1984

$149.53

This won't last long! Great location near Boca Park and

Tivoli Village and NO HOA! Extra parking space for any

toys! Move in ready! Travertine tile all throughout the

first floor, brand new carpet, and fresh paint on inside

and outside. Excellent home for entertaining with pool,

wet bar, and fireplace. Come and see it today before

it's gone!

$-15,000

$309,777

$324,777

AdjustDetails

8900 PESARO Drive

1883042

$320,000

03/29/2017

Contingent Offer

2 Stories

2,172

2,172

4

2/1Carpet, Ceramic

Yes -15,000

3

8,276Under 1/4 Acre, RV Parking

None

1986

$147.33

GREAT OPPORTUNTY FOR A HOME IN THIS WELL

ESTABLISHED NEIGHBORHOOD! LARGE LOT WITH

RV PARKING, HUGE POOL WITH SAFETY FENCE, 3

CAR GARAGE, 4 BEDROOMS A PLUS, LARGE

BALCONY IN BACK, FULL BED AND BATH DOWN,

SO MUCH MORE! NEEDS A LITTLE TLC, EASY

ACCESS TO SCHOOLS, SHOPPING & FREEWAY!

$-15,000

$305,000

$320,000


Shelter Realty, Inc



, 89117

8704 CREMONA DR

Subject Property

8704 CREMONA DR

MLS#

List Price

List Date

Status

Bldg Desc

Tot Liv Area 2172

Appx Liv Area 2172

Beds

Baths Total

Flooring

PV Pool

#Garage

#Fireplaces

Lot SqFt 7405

Lot Desc

Prop Desc

Assoc/Comm

Features

House Views

Year Built 1984

Sold Price

$LP/SqFt

Sold Date

Price

Total Adjustments

Adjusted Price

AdjustDetails

1505 ODETTE Lane

1911044

$342,488

07/01/2017

Contingent Offer

2 Stories, Tri-Level

2,172

2,172

4

1/0

Carpet, Manmade wood or

Laminate, Tile

Yes -15,000

2

1

8,276Under 1/4 Acre

None

None

1983

$157.68

DIVE INTO THIS BEAUTIFUL SPARKING POOL HOME

THIS SUMMER! FANTASTIC SPLIT LEVEL FLOOR

PLAN FEATURES STAINLESS/BLACK WHIRLPOOL

APPLIANCES, UPDATED KITCHEN W/ESPRESSO

CABINETS, GRANITE COUNTERS, SOFT-CLOSE

DRAWERS, & PULL OUT PANTRY SHELVES!

SUNKEN FAMILY ROOM SHOWCASES WOOD

BURNING FIREPLACE & WET BAR! ENCLOSED

COURTYARD ENTRY, LARGE BACK YARD W/NEW

$-15,000

$327,488

$342,488

AdjustDetails

8761 POTENZA Lane

1904685

$324,900

06/09/2017

Pending

2 Stories

2,172

2,172

4

2/1Carpet, Ceramic, Hardwood

Yes -15,000

2

1

7,841Under 1/4 Acre, Corner, Irregular

None

1985

$149.59

BEAUTIFUL 2 STORY 4 BEDROOM 3 BATH HOME

OVER 2,100 SQ. FT. HOME FEATURING POOL AND

SPA AT THE END OF A CUL-DE-SAC, COVER PATIO,

WITH BED AND BATH DOWN STAIRS. BRICK

FIREPLACE, WET BAR, FORMAL LIVING & DINING,

LARGE SHOWER.

$-15,000

$309,900

$324,900


Shelter Realty, Inc



, 89117

8704 CREMONA DR

Subject Property

8704 CREMONA DR

MLS#

List Price

List Date

Status

Bldg Desc

Tot Liv Area 2172

Appx Liv Area 2172

Beds

Baths Total

Flooring

PV Pool

#Garage

#Fireplaces

Lot SqFt 7405

Lot Desc

Prop Desc

Assoc/Comm

Features

House Views

Year Built 1984

Sold Price

$LP/SqFt

Sold Date

Price

Total Adjustments

Adjusted Price

AdjustDetails

8732 POTENZA Lane

1896087

$324,900

05/12/2017

Sold

2 Stories

2,172

2,172

4

1/0Carpet, Ceramic, Hardwood

Yes -15,000

2

10,019Under 1/4 Acre

None

1984

$328,000

$149.59

07/12/2017**FRESHLY PAINTED 4 BEDROOM ON 10,000Sqft

CORNER LOT WITH SPARKLING POOL!!!!** THIS

FANTASTIC PROPERTY IS WALKING DISTANCE TO

BOCA PARK'S PLENTIFUL DINING & SHOPPING!!

NOT ONLY DOES THIS HOME HAVE A POOL, IT ALSO

FEATURES A QUALITY CRAFTED PERGOLA STYLE

PATIO COVER & 3 SEPARATE SHEDS (ONE W/

POWER & AC)!!! PLENTY OF SPACE FOR STORAGE

& ACTIVITIES W/ 2 SEPARATE RV GATES. ALL

$-15,000

$313,000

$328,000


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

The Benefits of Using a Professional REALTOR®This page outlines the benefits of using a professional REALTOR® to sell your property.

Advertising your property efficiently is another

area where a REALTOR® can play an

important role. A REALTOR®’s experience in

deciding on the most appropriate type and

frequency of advertising for your property can

be invaluable. For example, placing too many

ads can create the impression that there may

be something wrong with the property or that

the seller is desperate.

Security

Security is a major consideration when showing

your home. By using a REALTOR®, you can

rest assured that all showings will be

pre-screened and supervised.

Negotiating

When negotiating a purchase, most buyers

prefer to deal with a middleperson who is

objective, unemotional and professional.

Buyers will often feel more comfortable with a

REALTOR® than with the owner when they want

to raise issues that need resolving before

making an offer.

Monitoring, Renegotiating, Closing or

Settling

A REALTOR® will guide you through the

minefield of potential problems associated with

the appraisal, inspection and financing

process, including the often complicated

escrow instructions. In addition, your agent can

meet and instruct any specialists or

tradespeople who may be required for repairs

You’ll experience a wide variety of benefits

when you hire a real estate professional.

Successfully selling a property is a

complicated exercise, and REALTORS® have

the experience, resources and contacts to

complete your sale quickly and smoothly.

Pricing

A REALTOR® will help you determine the

selling price of your property at a level that

accurately reflects its value in current market

conditions and will not cost you missed

opportunities.

Marketing

A REALTOR® will have many useful

suggestions on ways to improve the

marketability of your property, including

cosmetic repairs and other items that will

create a favorable impression among buyers.

Your property will enjoy a wider exposure

among buyers when you use a REALTOR®. In

addition to using flyers and organizing open

house days, a REALTOR®'s extensive contact

list of former clients, newly qualified buyers and

other industry professionals can significantly

reduce the time your property is on the market.

A REALTOR® will also allow you to tap into a

highly productive and extensive industry

network, such as a Multiple Listing Service or

other industry marketing system.


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

The Importance of PricingThis chart highlights the importance of pricing correctly at market value.

This graph illustrates the importance of pricing correctly. The centerline

represents market value. As you move above this market value, you attract

much smaller percentage of prospective buyers, greatly reducing your

chances of a sale. Conversely, as you move below market value, you attract

a much larger percentage of potential buyers.


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

Setting the PriceThis chart highlights the importance of pricing correctly at market value.

When setting a price for your property, the listing level

must strike a balance between the seller’s need to

achieve the best-possible return and the buyer’s need

to get good value. With many years of experience, a

professional Real Estate Agent can help you set a price

that will accomplish both objectives.

Establishing market value

The market value of your property is determined in

exactly the same way as any other commodity – what

a buyer is willing to pay for it in today’s market.

Despite the price you paid originally, or the value of

any improvements you may have made, the value is

determined by market forces.

Look at the competition

Buyers look at about a dozen properties on average

before making an offer on a property. As a result, they

have a good overview of the market and will compare

your property against the competition. If it’s not in line

with similar properties that are available, buyers won’t

consider it good value for money.


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

Where a Commission GoesThis page describes how a commission is divided amongst all of the parties involved.

After a successful sale of your property, the real estate commission

is shared among all who assisted in this important transaction.

Generally, the commission is divided four ways: to the listing broker,

the listing agent, the selling broker and the selling agent. In

recognition of the important roles each played in the sale of your

property, each is compensated by a percentage of the commission.


Shelter Realty, Inc

Friday, July 28, 2017, 89117

8704 CREMONA DR

Sources of BuyersThis page illustrates the primary sources of buyers for your property.

When you want a buyer, come to us first

There are several excellent reasons for selecting a professional Real Estate Agent to handle

the sale of your property. For starters, our long-standing real estate expertise gives us the

ability to network with other firms’ agents to promote your property to the widest possible

audience, including the Internet. Selling your property depends on a lot more than

advertising and signage – it takes referrals, word-of-mouth advertising, and networking.


Shelter Realty, Inc

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