lockwood60daymarketreview

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GLOBAL NETWORK ©2009 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated. About The Sale of Your Property Josh and Julia Ehrreich 2552 Lockwood Drive Listed: 2/2/2010 $137,900

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60 Day Market Review for 2552 Lockwood Dr

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Page 1: Lockwood60daymarketreview

GLOBAL NETWORK

©2009 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated.

About The Sale of Your PropertyJosh and Julia Ehrreich

2552 Lockwood Drive

Listed: 2/2/2010 $137,900

Page 2: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know…

Your house cannot sell for more than the BEST OFFER OBTAINABLE

from the BEST BUYER AVAILABLE

in the current market.

Page 3: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

The only way to determinethe true value of a house is to

thoroughly TEST THE MARKET

and aggressivelyCHALLENGE THE COMPETITION.

Page 4: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Home . . .Your home has been advertised on the following Web sites and more:

www.coldwellbanker.com

www.Realtor.com

www.trulia.com

www.Zillow.com

www.Craigslist.com

www.newmansellshomes.com

www.coldwellbankerburnet.com

Page 5: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Property…Open Houses Held:

Date 2/14/2010

3/21/2010

Open Houses Advertised:

OpenHouse.comRealtor.comColdwellBanker.comColdwellBankerBurnet.comNewmanSellsHomes.com

And more..

Page 6: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Property…E-Mails:

eCard notification to 100+ agents with active buyers announcing your listing.

Prospected to agents w/buyers searching for a home like yours through our reverse prospecting tools

Other Marketing Efforts:

Visual Tour posted to top real estate websites

Postlets flyer linked to Craigslist

Enhanced Realtor.com with visual tour, additional photos and scrolling headlines

And more…

Page 7: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Property…Virtual Visits:

41 virtual visits on

www.coldwellbanker.com

63 virtual visits on

www.coldwellbankerburnet.com

787 virtual visits on

www.realtor.com

15 virtual visits on

www.trulia.com

21 virtual visits on

www.zillow.com

Page 8: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Property…

There were 1 internet leads received

We physically showed your property 10 times

We received 0 offers on your property

Page 9: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

A buyer will not pay more for a home than

the BEST PRICED, COMPARABLE HOME

on the MARKET

Page 10: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Property…

16 competing properties have come onto the market…

The Best Buyer Available is now looking at these properties and comparing them to yours…

Page 11: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

A house that isPRICED REALISTICALLY

andMARKETED EFFECTIVELY

will always sell!

Page 12: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Property…

7 Competing Properties have sold

1. Livingston Ave, West St Paul $139,900 $129,500 23 Days On Market

2. Bedford Court, Mendota Heights $139,900 $134,000 12 Days On Market

3. Benson Way, Inver Grove Heights $109,900 $105,700 47 Days On Market

4. Iverness Trl, Inver Grove Heights $112,500 $112,500 203 Days On Market

5. Benson Way, Inver Grove Heights $119,900 $134,000 14 Days on Market

6. Bechtel Ave, Inver Grove Heights $129,900 $125,000 162 Days on Market

7. Brinkley Ln, Inver Grove Heights $144,900 $144,000 54 Days on Market

Page 13: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

An appropriate listing price will, immediately and consistently,

ATTRACT ATTENTIONand

GENERATE ACTIVITY.

Page 14: Lockwood60daymarketreview

GLOBAL NETWORK

Since We Listed Your Property. . . .

2 Comparable Properties Have pended

8477 Corcoran Path Inver Grove Heights $99,900

8755 Bechtel Ave Inver Grove Heights $144,900

Page 15: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

A successful sale results when the demands of the market match the needs of the seller…

Page 16: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

Our marketing has exposed your property to the largest buyer base possible…

Page 17: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

The market is indicating that your house does not compete with others in its present price

range…

Page 18: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

As your agent our recommendations are:

1. Price adjustment to $new price.

2. Offer buyers incentives of $####. (Mortgage BuyDown)

3. Adopt the Coldwell Banker AHS Home Warranty

4. Remove your house from the market until a more advantageous time to procure your buyer.

Page 19: Lockwood60daymarketreview

GLOBAL NETWORK

You Need to Know….

Whatever your decision, remember

We will be here for you providing honest, full-service assistance in the successful sale of your property.

Page 20: Lockwood60daymarketreview

GLOBAL NETWORK