15780 Rica Vista Way Seller's Guide

Page 1

15780 Rica Vista Way San Jose, 95127

PREPARED FOR TOM REED

SandyAlbaneseandJenniferOldham|
OldhamGroup

Sandy Albanese

Silicon Valley Specialist

Understanding the importance of a client relationship and working exceptionally hard for her clients is what Sandy strives for. She dedicates all her efforts and attention solely to her client’s needs. Sandy is a hard worker and a tough negotiator when it comes to getting her clients the best deal whether buying or selling a home. She is a Bay Area native and makes it a point to understand and stay knowledgeable in an ever-changing market. She understands the local housing market and has a great interest in architecture. Sandy believes that knowledge is power and pays attention to the granular details of her client’s needs. Self-motivated and driven with honesty and integrity, Sandy enjoys problem-solving and has the tenacity to

Realtor® 408.802.6104 sandy.albanese@compass.com DRE 01919291 californialiving.me

get the job done. With the Oldham Group she is able to offer a full spectrum of client support from administration help, marketing tools, contractor recommendations and concierge service to support every aspect of your needs. When she is not working, Sandy enjoys traveling, exercising, going to the beach, and being with family and friends.

OLDHAM GROUP My Team

Jennifer and Andrew Oldham

Team Leaders

DRE #: 01207289 888.842.4930 theoldhamgroup@compass.com

From start to finish, you will be in capable hands, ensuring each detail is mastered. Trusted home improvement vendors and integral team members provide concierge service, while Andrew and Jennifer provide personal service and expert attention. Warmly embracing your real estate challenges, considerately guiding you through the process, systematically tackling each step, and responsively delivering your every need with calming confidence.

oldhamgroupcompass

Oldham Group | Compass Oldham Group at Compass californialiving.me

My Team
We understand a home is much more than where you rest your head at night. A home can be a lifetime of memories, an escape from stress, a feeling of security and love, and often a home represents the most significant financial asset of a family. Understanding the importance of a home is our job and our lifetime careers. It is our duty and our aspirations to see your transaction is not only as stress-free as possible but is a financially savvy move for you and your family. Compass and our team have innovated great programs like Compass Concierge, a program where we ensure your home achieves the highest price through cosmetic renovations. Beautifying your home will get the attention to attract the most buyers. And we do this with no points and costs, and we advance the expenses of this renovations at no cost to you. We do this because we want you to capture the equity you have earned over the years. Our team is very proud to have helped families realize their dream homes, start their real estate journeys, and transition to their next great life adventures. OLDHAM GROUP

About The Oldham Group

The Oldham Group is a Collective of talented agents, staff, and support, led by Andrew and Jennifer Oldham - Founding Agents for Compass. Having closed over $1 Billion in sales volume during their career, Andrew and Jennifer lead a team that has substantially increased its business year over year while covering the expansive Silicon Valley, San Francisco Peninsula, and Monterey Peninsula real estate market. Because their agents have been selected based on their hyper-local expertise, they confidently represent a vast coverage area with in-depth knowledgeacross Monterey Peninsula, Silicon Valley, and San Francisco Peninsula. With over 85 years of combined real estate expertise in marketing, law, title, design, and escrow, they provide their clients talents and expertise unparalleled in the California market. Combining their knowledge and experience with their love and passion for residential real estate, local expertise, exceptional marketing, personal service and the backing of the nation’s best luxury brokerage, Compass, they will prove to you the Oldham Group difference.

$300+M Closed Volume in 2022 Over 230 Transactions closed in 2022 Rankings #73 in the Nation #20 in California #14 out of the top 100 producing agents/teams in the Bay Area

We let our clients do the talking.

Sandy is great. She did beyond what an agent would do. We lived out of state. I only mailed her the keys. She took care of everything for us. She picked the flooring materials and the color of the walls for our remodeling process. Her contractors did 1/3 of the price for everything comparing what other companies have asked for. She is friendly, hard worker, very responsive, and understandable. Cannot be happier with her.

SELLER

Sandy was perfect in every way. She had a very good knowledge of the local market. She was very kind and friendly apart from being great at her job. She always gave us good advice but at the same time she would listen to the things we suggested and supported us very well. We had quite a few last minute glitches with new issues coming up at our house that needed to be fixed before open house and she was always accommodative and had a sense of humor about it. In fact, the people who were in her network doing the fixing, staging etc. were equally professional. We loved working with Sandy as while house selling is a stressful environment, it does not have to give you a heart attack in the process :) And Sandy understood that and shared inputs and made the entire selling process seamless.

SELLER

I just closed on a sale with Sandy and she is a dream to work with! From the listing preparation to the close of escrow, Sandy works diligently and always has my best interest at heart. Within a day of listing on the market, Sandy managed to get 2 very strong preemptive offers for me, both well exceeded my expectations. Sandy negotiated with the buyer to make sure that we took the highest offer with the best terms. The transaction was a tough one due to some unforeseen issues, but I'm so grateful that Sandy was always there for me to look out for my best interest and to help me figure out the best solution. We finally closed on the sale and I couldn’t have done it without Sandy!

SELLER

3 BD 3 BA 1796 SF $1,060,000 3 BD 1 BA 960 SF $1,430,000 3749 MacBeth Drive 2601 Peridot Place 4 BD 3 BA 2150 SF $2,000,007 1635 Everett Avenue 10265 Merkley Row 3 BD 2 BA 1600 SF $2,800,000 2019 Laurelei Avenue 1139 Hilford Court 3438 Glamorgan Court 1511 Shaw Drive 4 BD 4 BA 4260 SF $2,520,000 4 BD 3 BA 1885 SF $2,120,000 3 BD 2 BA 1710 SF $1,440,000 3 BD 2 BA 1078 SF $1,830,000 4 BD 2 BA 1508 SF $1,470,000 2215 Ventura Place Notable Sales Here is a snapshot of our top sales in your area.

My team is dedicated to selling your home.

Team Leader

Jennifer Oldham

DRE #: 01325650 408.835.4119 jennifer@compass.com

Team Leader/Attorney Marketing Director

Megan Caviglia 408.209.3135 megan.caviglia@compass.com

Andrew Oldham

DRE #: 01207289 408.393.0773 andrew.oldham@compass.com

Hope Rollins
Pre-Market On-Market HomePreparation Photography Pricing Pre-ListMarketing LeveragingOurExclusive AgentNetwork MediaPlan OpenHouses AssessingOurStrategy andMonitoringtheMarket
Our Step-by-Step Plan What to Expect Asyourtrustedadvisor,I’llbetheretoguideyou throughoutthehomesellingprocesstoensurethatyour experienceisasseamlessandstress-freeaspossible. 1 Complete listing paperwork 2 Prepare your property for market 3 Pre-market and promote your property to Compass agents* Develop and execute our marketing strategy and media plan 4 5 6 7 8 List property online Show property and follow-up with leads Monitor the market, provide updates and assess strategy Review offers and negotiate the optimal contract 9 10 Schedule closing and work through contract terms Close on the property and assist with post-closing questions PRE-MARKET ON-MARKET CLOSING *Pre-market ng strateg es are independently determined by cl ents at the r direction
Getting Your Home Ready to Sell Your home only has one
to
and we are here to guide you every step
the
we can
identifying and making improvements that will
marketability of your home and stage
buyers. Data from the latest Cost vs. Value report from Remodeling magazine and the National Association of Realtors® estimates a: 80% 106% Return on investment for minor kitchen upgrades* Return on investment for new wood floors** BEFORE BEFORE *2019 Cost vs Value Report Remodeling Magazine (remodelinghwnet/cost-vs-va ue/2019) **2019 Mode ing Impact Report National Assoc ation of Realtors® (cdnnarrea tor/sites/default/files/documents/2019-remodel ng- mpact-10-03-2019pdf)
chance
make a great first impression
of
way. Together,
focus on
enhance the
it to appeal to potential
Compass Concierge is the hassle-free way to sell your home faster and for a higher price. Fromstagingtorenovation,wecanleverageourexclusive Conciergeprogramtoprepareyourhomeforthemarket withzeroupfrontcostsorinterest.Byinvestinginyourhome’s potential,weaimtoprovideaswifter,moreprofitablesale. How it Works 1. Determineabudgetand updatestogether,thenapply forConciergefunds 2. Immediatelyreceiveyour ConciergeCardorrequestcash 3 W k itht t d d 2x Sellers who use Compass Concierge are nearly 2x more likely to sell their h i 60 d ** Rules & E and are Compas *Repaym **Comp
Compass Concierge at Work A Concierge Case Study B 14 4x Day on market Return on $40K Concierge funds AFTER "TheConciergeprogramisa gamechanger!Itwasthesupport weneededtomoveforwardwith ourdecisiontosellourhomeand nottakeonanyupfrontcosts"

The Power of Photography

Beautifulphotographyisoneof themostpowerfultoolsforselling yourhome.Compassusesbestin-classphotographerstoshow yourhomeinitsbestlight,make apositivefirstimpression,and attractmorebuyers.

Timing of Buyer Activity

A property receives the most traffic within the first few weeks of hitting the market. It is important to get the price right in order to gain the attention of interested buyers and maximize your home's position in the market.

Using competitive analysis, market research, and Compass’ suite of AI-powered tools, we recommend a price for your property to generate the most activity and offers early on before buyers move on to newer listings.

If the asking price is too high, then the property appeals to fewer buyers.

Your Property to Maximize Buyer Activity
Pricing
0 1 2 3 4 5 6 7 Number of Weeks Activity
Activity
Buyers Using Competitive Pricing 0% 5% 10% 15% 20% 30% 50% 95% Percentage Over Market Value Percentage of Buyers
Peak
Attracting
Graphics are for informational purposes only. Compass does not guarantee or warrant similar results.

Private Exclusive Coming Soon

A Private Exclusive listing is an off-market home that can be shared by a Compass agent with their Compass colleagues directly. Property details aren’t disseminated and won’t appear on public home search websites. Listing your home as a Private Exclusive allows you to control what information is shared while still getting exposure to top agents at Compass.

Compass Coming Soon gives us valuable opportunities to market your property while building anticipation among potential buyers and pressure-testing our pricing strategy all without accruing days on market.

Our Exclusive Pre-Marketing Advantage
2–3x 7% ~19% More views by consumers and agents* Fewer days on market vs. listings that go straight to active** More traffic at an open house*** Data refers to a comparison between MLS and Compass Coming Soon listings vs listings that go straight to act ve *Viewership sourced via Compasscom 1/2020–8/2020 **Days on market sourced via Compasscom 1/2020–7/2020 ***Open house traffic sourced via Compasscom 1/2020–9/2020
Compass Com ng Soon and Pr vate Exclusives are subject to local MLS restrict ons and not ava lable in all markets Local pol cy definit ons may restrict how Pr vate Exclusive istings can be shared between agents, even within the same brokerage Where the programs are availab e pre-marketing and list ng strateg es are independently determined by the client Compass does not recommend one particular strategy or guarantee results
compass.com/coming-soon compass.com/private-exclusives
Leveraging Our Agent Network to Sell Your Home Aspartofanetworkofthenation’stopproducing agents,Iamstrategicallypositionedtoconnectyour homewithqualifiedpotentialbuyerseveryday. Compass Network Tool Compasshasdeveloped anindustry-firstnetwork toolthatanalyzesyour propertytoidentifyand connectuswithagents thathavesoldsimilar homesinyourarea. Workplace Workplaceisanational Compassplatform wherewecanpromote newlistingsand chatwithCompass agentsnationwide.
Reach more prospective buyers with intelligent digital advertising. ByleveragingCompass’digitaladvertisingtoolsand partnershipsacrosssocialmediaandadvertising throughoutyourlistingprocess,wecangeneratedemand tosellyourhomefaster,andwemeetpotentialbuyers wheretheyare,online. Proprietary Targeting Optimized Performance Compasshelpsgeneratebuyer interestbyusingproprietarydata toserveadstoFacebookand Instagramusers. Compasstracksandmeasuresthe resultsofeverycampaignwhich allowsforcontinuedoptimization. INSTAGRAM IMAGE AD FACEBOOK VIDEO AD
*Zi low Group Consumer Housing Trends Report 2019 survey data **Compass Livestream: Virtual Open House vs In-Person Open House 61 2020–831 2020
s
n house me ess* es have nce the virtual ol**

Marketing your home

At The Oldham Group, we put an emphasis on modern marketing, taking a multi-pronged approach to the digital promotion of your property. This starts with a professional property website to properly showcase your home to interested buyers online.

The frst thing we do before marketing is Identify the buyer persona. For example, a Silicon Valley engineer with a net worth of $3M who likes mountain biking and comic-con. Then, we create marketing that will attract that buyer persona to your lising.

2701 Witheridge Road

The property website includes photos, videos, virtual tours, listing details and has the ability to submit contact information as an interested buyer.

LEAD GENERATION LABS ADVERTISING

Enhanced Targeting allows us to target consumers based on the sites they visit and the apps installed on their phone. By narrowing down to profession-specifc sites and apps, we can effectively target any profession or interest you can imagine.

PROPERTY
Just Just Listed

We run website traffc ads through Facebook and Instagram to drive visitors to the page. These ads are live for the duration of the listing and are updated with status changes such as “Coming Soon,” “Just Listed,” and “Price Reduction.

EMAIL MARKETING

We also target the listing area through email campaigns. These emails are sent for each status change on your listing and are full of information for potential buyers. When sending these emails, we create a list of potential leads in the area through a mix of home buyers in our team database as well as local homeowner leads from a third party real estate farming tool.

GOOGLE ADS

To top off our digital listing campaign, we create and publish Google Display and Search advertisements. Very similar to the social media ads, these content pieces are posted for status changes. They drive traffc to the property website as all of the digital.

INSTAGRAM ADS FACEBOOK ADS

01Let’s Talk

Meet with your Compass agent to discuss your plans and goals, trends in the current marketplace, and assess your property’s qualities and characteristics. Your Compass agent will analyze comparable property sales, assess the competition, work with you to determine pricing strategy, and outline a strategic plan to achieve the best possible result for you as a seller.

02 Setting the Stage

From applying a fresh coat of paint to rearranging furniture, your Compass agent will ensure that the property is visually ready for showing. Your agent will schedule a professional photo shoot, commission an illustrative floor plan, and prepare a listing description. At this time, you should also sit down with your agent and complete the Seller Disclosure documents that will be necessary for the transaction.

03 Going Live

The listing is broadcast on Compass.com and sent across our 100+ partner sites for the duration of the selling process.

04

Spreading the Word

The Compass marketing team produces beautiful print collateral to strategically showcase your property. Your agent develops and executes an intelligent, effective paid marketing plan in relevant publications. Eye-catching property signs are produced and placed outside your property.

05

Making Connections

Your agent continuously leverages professional contacts and the Compass Network Tool to find ideal buyer brokers. Open houses are hosted for both brokers and clients on an ongoing basis.

06

Building a Strategy

Your agent conducts an assessment of the market response within the first 30 days of your listing going live. Feedback from agents and buyers is aggregated, and the listing strategy revised if needed.

07 Communication

You and your Compass agent will establish the best method and frequency of communicating as the process unfolds. Your agent will provide you with regular feedback and will keep you updated with continuous traffic metrics and information from the market.

08 Negotiations

Once we receive an offer, your agent will contact you to review the terms of the offer and analyze the pros and cons. Together you will decide how to respond to the buyer in one of several ways: by accepting the offer, rejecting the offer, or making a counter offer.

Escrow

Once a contract has been agreed to and signed by all parties, an escrow will be opened and the buyer’s contingency period will begin. Timelines for the completion of buyer and seller responsibilities will be listed in the purchase contract and adhered to in the escrow. Your Compass agent will keep a close eye on the timelines and ensure that you are in compliance with your responsibilities, while also holding the buyer’s side to task to keep the process moving.

10 Closing

Your Compass agent will monitor and coordinate all the details necessary to get you to the finish line. Once the buyer has performed their inspections, removed their contingencies, and the loan (if any) is ready to fund, your agent will arrange the final walk-through. At or near this time the escrow will close, payment will be made, and the keys will be handed over to the buyer.

09
Jan 23, 2023 C O M P A R A T I V E M A R K E T A N A L Y S I S 15780 Rica Vista Way Sandy Albanese Realtor® | DRE# 01919291 sandyalbanese@compass com 4088026104
Subject property San Jose, CA 95127 15780 Rica Vista Way Bedrooms 2 Baths 1 Square Feet 938 HOA FeesYear Built 1950 LISTING DESCRIPTION TRANSACTION INFORMATION Original Listing PriceLast Asking PriceClosing PricePPSFListed DateContract DateSold DateDOM - Days on MarketOTHER

Map data ©2023 Google Report a map error

Location of
Jan 23, 2023 B C
t
3
comparables
i
1 2
Side-by-Side Comparison Jan 23, 2023 ADDRESS SUBJECT 15780 Rica Vista Way, San Jose, CA 95127 COMP #1 121 S Claremont Ave, San Jose, CA 95127 COMP #2 179 Clareview Ave, San Jose, CA 95127 COMP #3 244 Mountain View Ave, San Jose, CA 95127 STATUS - COMINGSOON SOLD SOLD BEDROOMS 2 2 3 2 BATHS 1 1 1 5 1 SQUARE FEET 938 1,106 1,194 1,080 PPSF - $845 $850 $958 ORIGINAL LISTING PRICE - - $998,000 $1,025,000 LAST ASKING PRICE - $849,000 $998,000 $1,025,000 CLOSING PRICE - - $1,015,000 $1,035,000 HOA FEES - - -CONDO/CO-OP FEES - - -TAXES - - -LISTED DATE - - Nov 02, 2022 Oct 29, 2022

ADDRESS SUBJECT

Jose,

Side-by-Side Comparison Jan 23, 2023
TYPE Single Family Single Family Single Family Single Family
BUILT
15780 Rica Vista Way, San Jose, CA 95127 COMP #1 121 S Claremont Ave, San Jose, CA 95127 COMP #2 179 Clareview Ave, San Jose, CA 95127 COMP #3 244 Mountain View Ave, San
CA 95127 CONTRACT DATE - Oct 24, 2021 Nov 15, 2022 Nov 10, 2022 SOLD DATE - - Dec 15, 2022 Dec 12, 2022 DOM - DAYS ON MARKET - - 13 12 LOT SIZE 10,198 SF / 0 23 A [1] 6,503 SF / 0.15 AC 8,286 SF / 0.19 AC 10,414 SF / 0 24 A [2] PROPERTY
YEAR
1950 1940 1947 1941 [1] 10,198 SF / 0 23 AC [2] 10,414 SF / 0 24 AC
Comparable property #1 San Jose, CA 95127 121 S Claremont Ave Bedrooms 2 Baths 1 Square Feet 1,106 HOA FeesYear Built 1940 TRANSACTION INFORMATION Original Listing PriceLast Asking Price $849,000 Closing PricePPSF $845 Listed DateContract Date Oct 24, 2021 Sold DateDOM - Days on MarketACTIVE
Comparable property #1
121 S Claremont Ave
Comparable property #2 San Jose, CA 95127 179 Clareview Ave Bedrooms 3 Baths 1 5 Square Feet 1,194 HOA FeesYear Built 1947 TRANSACTION INFORMATION Original Listing Price $998,000 Last Asking Price $998,000 Closing Price $1,015,000 PPSF $850 Listed Date Nov 02, 2022 Contract Date Nov 15, 2022 Sold Date Dec 15, 2022 DOM - Days on Market 13 SOLD
#2
Comparable property
179 Clareview Ave
Comparable property #3
95127
Mountain View Ave Bedrooms 2 Baths 1 Square Feet 1,080 HOA FeesYear Built 1941
INFORMATION
Listing Price $1,025,000
Asking Price $1,025,000 Closing Price
PPSF
Listed Date Oct
Contract Date Nov
Sold Date Dec
DOM - Days on Market 12 SOLD
San Jose, CA
244
TRANSACTION
Original
Last
$1,035,000
$958
29, 2022
10, 2022
12, 2022

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B E D S B A T H S S Q F T L O T O R I G I N A L L I S T I N G L A S T A S K I N G C L O S I N G P P S F H O A F E E S L I S T E D C O N T R A C T S O L D D
1 2 1 S o u t h C l a r e m o n t A v e n u e 2 1 1 ,1 0 6 6 5 0 3$ 8 4 ,9 0 0 0$ 8 4 5O c t 2 4 , 2 0 2 1-
o l d l i s t i n g s
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B E D S B A T H S S Q F T L O T O R I G I N A L L I S T I N G L A S T A S K I N G C L O S I N G P P S F H O A F E E S L I S T E D C O N T R A C T S O L D D O M 1 7 9 C l a r e v i e w A v e n u e 3 1 . 5 1 ,1 9 4 8 2 8 6 $ 9 9 8 , 0 0 0 $ 9 9 8 , 0 0 0 $ 1 , 0 1 5 , 0 0 0 $ 8 5 0N o v 0 2 , 2 0 2 2 N o v 1 5 , 2 0 2 2 D e c 1 5 , 2 0 2 2 1 3 2 4 4 M o u n t a i n V i e w
e
Price & size Jan 23, 2023 ADDRESS STATUS BEDS BATHS SQFT PRICE $/SQFT DOM 2 179ClareviewAvenue SOLD 3 15 1194 $1,015,000 $850 13 3 244MountainViewAvenue SOLD 2 1 1080 $1,035,000 $958 12 1 2 3 1,059 1,090 1,122 1,154 1,186 1,218 Square Feet $925K $949K $973K $998K $1 02M $1.05M P r i c e
Price & days on market Jan 23, 2023 ADDRESS STATUS BEDS BATHS SQFT PRICE $/SQFT DOM 2
SOLD 3 15
$1,015,000
13 3
SOLD 2
$1,035,000
12 2 3 2 6 11 15 20 24 Days on Market $1
$1.02M $1.02M $1.03M $1
$1.04M P r i c e
179ClareviewAvenue
1194
$850
244MountainViewAvenue
1 1080
$958
01M
03M
Listing averages Jan 23, 2023 Bed 2 333 Bath 1167 SqFt 1,127 Lot Size 8,401 SqFt Price $995,000 DOM 8 $/SqFt $885 Lowest $935,000 Average $995,000 Highest $1,035,000 ADDRESS STATUS BEDS BATHS SQFT PRICE $/SQFT DOM 1 121SouthClaremontAvenue ACTIVE 2 1 1106 $935,000 $845 2 179ClareviewAvenue SOLD 3 1.5 1194 $1,015,000 $850 13 3 244MountainViewAvenue SOLD 2 1 1080 $1,035,000 $958 12 1 Median: $1,015,000 2 3

Hi Tom, These are just estimates as we aren't sure how much repair work will be done It is looking pretty good for you! Let me know when you want to put me to work to sell your home! Cheers, Sandy

Jan 23, 2023
Suggested listing price
Price estimate for 15780 Rica Vista Way $800,000 Agent notes
Sold
$1,025,000 $901
13 Days
of value in appraisal developed by a licensed
and does not purport to be complete nor
accurate and
in price, condition, sale, or
and
for
listing average (2)
Per Sq Ft
on Market * This represents an estimated sale price for this property It's not the same as opinion
appraiser under the Uniform Standards of Professional Appraisal practice The information contained herein is derived from the local MLS
necessarily
should be independently verified; nor does it represent or constitute a legal analysis or financial advice Changes
withdrawal may be made without notice All measurements and square footage are approximate Equal Housing Opportunity Compass and its agents disclaim any
all liability
representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient This is not intended to solicit property already listed Compass is a real estate broker licensed by the State of California operating under multiple entities License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467

I

you!
Realtor® | DRE# 01919291 sandy.albanese@compass.com
Jan 23, 2023
would love to work with
Thank you for the opportunity to list your home - when you ’ re ready, we’ll send over a marketing plan and contract for you to sign. Talk soon! Sandy Albanese
4088026104

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