Professional Documents
Culture Documents
Property Analysis PDF
Property Analysis PDF
Prepared For:
Property Address:
Prepared By:
Date:
Introduction
Please note that every reasonable care is taken to work on this analysis. All the
Information provided are meant only for the purpose of giving the client a gauge of
the Fair Market Price to work on and to provide the client with a better understanding
of the marketing process, approach and attitude required to ensure that the property is
marketed at the highest possible price in the shortest possible time.
Packaging
As we deal with all sorts of potential buyers and we do not know who may be the one
that may make an offer for your property, it is important that we create the right
conditions to ensure that whoever walks into your apartment would immediately
FEEL comfortable enough to want to make an offer.
To do so, we need to appeal to the 4 major senses (sight, hearing, smell and touch)
that play a big part in closing that sale for you. In short, we should try to create a
‘display home’ for marketing your property. If that is not possible, the minimal state
that your property should be in is one of ‘well-kept’.
Please let our real estate professional assist you in this very important area.
Pricing
The average per-square-feet pricing for properties sold in Parc Oasis in the last
one year is $_________.
Bank indicative value is $___________ from____________, $____________
from _____________, and $___________ from ____________
Current marketed prices from around Parc Oasis include $_____________ at
Blk__________, $_____________ at Blk____________, $______________ at
Blk____________, $__________ at Blk_____________, and $____________
at ______________.
Based on the above, the average FMV of an average property in Parc Oasis with a
size of ___________ sqft on the 4th floor should be $_____________ taking into
consideration that the difference in each floor works out to be about $5,000.
Our intention is not to try to lower anyone’s selling price but more to try and ensure
that your property is marketed at the right price. If it is not done so, more losses might
occur. When wrongly priced, the market will not respond to your property and it will
remain on the market. After it remains for over a couple of weeks in the market,
buyers might think that something is wrong with your property. As such, these buyers
won’t even offer fair market value for it and through our experience; many ended
selling their property below the FMV.
Conclusion
As mentioned, the main purpose of this analysis is to help you decide on your next
move. We have given you an analysis in order that you would make the right decision
with it, even if that decision is not to sell your property now.
However, we can’t say for certain what will happen to the market in the next couple
of years. In two years the property market may go up or it may stay stagnant of even
move down. However, by then the tenure on your property would also be reduced.
END