Listing Presentation Abbey Ct

Page 1

Coldwell BankerÂŽ Listing Presentation Prepared Especially for:

Kindra & Dave Shafer 182 Abbey Ct Newport News VA 23602 For Marketing the Property Located at:

182 Abbey Ct Prepared by: Orrin Banner, CDPE,SFR Sales Associate

Coldwell Banker Traditions 710 Thimble Shoals RD. Newport News VA 23606

Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466 Date: March 9, 2015

Š2015 Coldwell Banker Real Estate LLC. 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.


March 9, 2015

Kindra & Dave Shafer 182 Abbey Ct Newport News VA 23602 Dear Kindra & Dave: Thank you very much for giving me the opportunity to present the enclosed proposal to market your home. I appreciate the time you spent with me reviewing the features of your home and outlining your financial goals and time considerations. You will receive competent and professional service when you select me and Coldwell Banker Traditions to represent you. We have represented many families in this area concluding transactions that realize maximum value in a reasonable time. I hope you will select me as your agent in this very important transaction. This proposal includes a comprehensive market analysis that will assist us in determining the market value and pricing of your home. I hope the information included on me and Coldwell Banker Traditions will confirm that I am best qualified to market your home. Sincerely,

Orrin Banner, CDPE,SFR Sales Associate, REALTOR速


A Message From The President Budge Huskey was promoted to president and chief executive officer of Coldwell Banker Real Estate LLC on January 1, 2013, after serving as president and chief operating officer since June 2010. Huskey succeeds Jim Gillespie who is now chairman emeritus.

Budge Huskey President and CEO of Coldwell Banker Real Estate LLC

As chief executive officer, Huskey oversees marketing, operations, learning and field services supporting 82,000 Coldwell Banker速 sales associates in 3,100 offices in 51 countries and territories around the world. Huskey is a nationally recognized housing industry leader who regularly represents the Coldwell Banker brand in interviews with major media outlets.

Prior to joining Coldwell Banker Real Estate, Huskey had spent the previous 12 years in several executive positions with NRT, the nation's largest residential real estate brokerage. Huskey began his real estate career as an agent in 1984 with family-owned Huskey Realty where he stayed until joining NRT in 1998 as a branch manager for Coldwell Banker Residential Real Estate in Longwood, Fla. He eventually became a district and regional manager in the organization's Central Florida region before being named in 2004 as president and chief operating officer of NRT's Coldwell Banker Residential Real Estate in Florida. He remained in this position until 2007 when he was promoted to executive vice president of NRT's Coldwell Banker Southeastern region. In this role he oversaw the strategic initiatives of more than 120 Coldwell Banker Residential Real Estate and Coldwell Banker Residential Brokerage offices in Florida, Dallas/Ft. Worth and Atlanta, which generated annual sales volume in excess of $10 billion dollars. He also was responsible for oversight of NRT's REO Experts, one of the nation's largest REO asset management firms. Well regarded in the real estate industry, Huskey served as president of the Orlando Association of Realtors, where he was honored as Realtor of the Year, and director and committee chairperson for the Florida Association of Realtors. Huskey currently serves as a National Association of Realtors Director and serves on the Strategic Planning Committee. He won the 2006 Coldwell Banker Chandler Barton Award representing dedication and service to the Coldwell Banker brand. He is routinely recognized by Inman News as one of the Most Influential People in Real Estate. Huskey is a 1981 graduate of Mercer University who earned an MBA in 1984 from Wake Forest University. Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Legacy and Network

� Global presence: in 51 countries and over 3,100 offices worldwide � Over 100 years of real estate experience � $140.1 billion in US sales volume in 2012

Over 100 Years of Real Estate Innovation The real estate company was founded on August 27, 1906 on the heels of the devastating 1906 fire and earthquake that leveled San Francisco. A young real estate agent, Colbert Coldwell saw the need for honest, knowledgeable real estate services to help the city rebuild. As the company grew, he hired Arthur Banker as a member of his staff. The two businessmen eventually formed a partnership, and in 1914 officially named the company Coldwell Banker®.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Real Trends Top 500 Report* (in Billions) Real Trends Top 500 Report

*Based on performance of brokerages ranked in REAL Trends Top 500 firms, reported May 2014 for FY 2013.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


How Coldwell BankerÂŽ Meets The Needs Of Sellers

While others may talk about customer service, we ask, listen, and take action. Listening to our customers

Customized marketing plan

We continually survey our customers to find out what is important to them. For us, the listening and learning never stops.

We carry out our promises with a Marketing Action Plan specifically designed to meet the needs of each seller.

Guaranteed service standards

We deliver consistent, predictable, reliable performance — Guaranteed!

We develop service standards based on what we hear from our customers, and we put our service standards in writing with the Coldwell Banker Seller Services Guarantee.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


What Is Important To You In The Sale Of Your Property?

We have asked thousands of home sellers what is important to them. Most share five priorities: � The best price � The shortest time on the market � Convenience � Good communications � Diligent effort by us

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Rank the following needs in order of importance, 1 to 5: (1 = not concerned to 5 = concerned)

Broker's qualifications Home enhancement recommendations Pricing Marketing and advertising Promotion on the Internet Open houses Avoiding inconvenience Staying informed Time on market Security of your property Buyer's financial qualifications Financing options Negotiation strategy Closing costs and net proceeds Handling the details Post-sale follow up Other

_______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______


Marketing Action Plan

We carry out our promises with a plan uniquely designed for each property. Promotional strategy

Price and terms offered

We will work with you to develop a marketing plan to attract prospective buyers to your property.

A thorough Competitive Market Analysis is the key to determining realistic price and terms.

Negotiating and managing the sale Property Preview We will conduct an office preview of your property.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

We will work to pre-qualify and pre-approve prospective buyers, negotiate terms that are favorable for you, and manage the details of the transaction.


The Coldwell Banker® Seller Services Guarantee

� Coldwell Banker was the first

national brand to guarantee its services � This Guarantee outlines the

full scope of services I will perform as your exclusive listing agent � List your home with the

confidence a Guarantee provides

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


coldwellbanker.com

� Coldwell Banker® has more

unique web visitors than any other real estate brand* � Coldwellbanker.com had over 28

million visits in 2012 � Featuring lifestyle, affordability

and keyword search tools for fast and easy browsing � Multiple images and video

showcase unique features of your house

*Nielsen/Net Ratings Report for real estate Websites, January-December 2012.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


An Innovation Leader � Use a multi-screen approach to reach the new generation of buyers: � The first national real estate brand to customize our site for smartphone screens such as the Blackberry and iPhone � The first to have listings on GPS � The first national real estate brand to launch an iAd for iPad

� A listing distribution strategy: � Delivers listings to sites such as Realtor.com, Trulia, Zillow, Yahoo! Real Estate & more

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


An Innovation Leader continued � Coldwell Banker On Location is the first dedicated video real estate channel on YouTube � Video topics include: � Agent videos � Office videos � Video listings � Community videos � Smart tips and news related videos � Allows buyers to search for videos via a map � First to use dynamic IP lookup on the channel

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Information Sources Used By Buyers In Home Search (% of Home Buyers)

Source: The National Association of Realtors速 Profile of Home Buyers and Sellers.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Personal Touch & Timely Response

You will hear from me regularly on the progress of our marketing activities. Results

Suggestions

We will report the results of events such as open houses and property showings.

We will share suggestions from other real estate professionals who have previewed or shown your property.

Trends

Progress

We will discuss current trends in buyer activity, interest rates and competitive prices.

We will provide a weekly progress report on the promotion and sale of your property.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


The Steps to Selling a Home

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


An Important Message About The Value of Your House

Market Value

Competitive Market Analysis

Your house has many values to the tax assessor, your lender and insurance company, and to you. It also has what's called "market value" to prospective buyers.

The price at which you choose to market your property will be an estimate of the "test results" once your house is placed on the market. To help determine a price for your home, a Competitive Market Analysis is included in your customized Marketing Action Plan.

The best price obtainable can only be determined by testing the market and challenging the competition. In the end, the market dictates the value based on current conditions, number of Home Buyers, etc.

Buyers do "comparison shopping" and the Competitive Market Analysis focuses on properties on the market competing for buyer attention. Houses that have been recently sold, and houses that did not sell, are also examined to see what recent buyers were and were not willing to pay.

The price of your house must attract enough attention among buyers and brokers to generate showings and offers.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


What Affects The Market Value Of Your Property?

In understanding the market value of your property, we must deal with some factors that are "given" — we have no control over them: Physical qualities of your property

The Competition

� Location

� The number of similar properties for sale

� Age

� Their prices, financing terms, location and physical condition

� Size of house and lot � Floor plan and architectural style

Some factors have no effect on the current value of your property:

Market Conditions � Interest rates and availability of financing

Original price � What you originally paid for your house

� Buyer demand � Prices of recently sold properties

Needed proceeds

� State of the economy

� The cash proceeds you want or need from the sale

� Seasonal demand

Opinions � What people say your property is worth Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


What Is The Best Price Obtainable For Your Property?

Buyers dictate the best price obtainable. Buyers compare properties Home Buyers engage in comparison shopping. They will not pay more for a property than they could pay for another, similar one.

Realistic prices attract buyers' attention The price at which your house is marketed must attract enough attention among buyers to generate showings and offers.

A Competitive Market Analysis will give you a solid foundation for the realistic pricing of your property by showing what buyers are willing to pay. Recently Sold Reveals what buyers have actually paid for similar properties.

Currently for sale Shows the properties that are competing for buyers' attention right now.

Did not sell Demonstrates what buyers have not been willing to pay under current market conditions. Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Pricing Your Property

The higher a property is priced above realistic market value, the more time it will take to sell and the less interest it will attract. ďż˝ If your property is priced right, more buyers will be interested when it first hits the market.

ďż˝ Lenders rely on independent fee appraisers to verify that a sale price is at fair market value. Therefore, if a property fails to appraise at fair market value, it will either force the buyer to make up the difference in cash or cause the sale to fall through.

ďż˝ Since buyers base their selection on fair market value, not the asking price, more buyers will consider your property when it is priced competitively.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Setting the Right Price Priced right and ready to show opens your home to a great number of potential buyers.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Subject Property Profile for 182 Abbey Ct

The following features have been identified to aid in the search for properties that are comparable to yours. This will help in determining proper pricing for your home.

Subdiv: Year Built: Bedrooms: Fireplaces: Exterior: Cooling: Waterfront Desc: Int Feat: Ext Feat:

Nottingham Village 1985 4 1 Heat Pump

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Style: SqFt: Full Baths: Sr High School: Foundation: Flooring: Parking: Int Feat: Amenity:

1743 2 Menchville Slab Carpet

Stories: Total Rooms: Half Baths: Other Sch: Heat: Flooring: Parking: Ext Feat: Fence:

2 8 1 B.C. Charles Heat Pump

Backyard


Comparative Market Analysis Summary Currently On The Market Address 101 Nottingham Trail 208 Hahn Pl 713 Kensington Dr 155 Nottingham Trail 704 Kensington Dr 731 Kensington Dr 108 Nottingham Trl

Subdiv

Average of 7 Properties: $202,300

Beds 0 0 0 0 0 0 0

Fbat 2 1 2 2 1 2 2

Hbat 1 1 1 1 1 1 1

Min: $149,900

Sqft 1439 1402 1700 1735 1870 1957 2052

Sold Price

List Price $149,900 $169,900 $199,900 $206,000 $208,000 $232,500 $249,900

Max: $249,900

Median: $206,000

Sqft 1360 1600 1651 2295 1984 1944

List Price

Recently Sold Address 577 Dellwood Dr 174 Nottingham Trail 181 Little John Pl 163 Coventry Ln 96 Lucas Creek Rd 123 Saddle Drive

Subdiv

Average of 6 Properties: $205,695

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Beds 0 0 0 0 0 0

Fbat 1 2 2 2 2 2

Hbat 1 0 1 1 1 1

Min: $180,000

Sold Price $180,000 $185,000 $185,000 $207,000 $238,175 $239,000

Max: $239,000

Median: $196,000


Map of Comparable Properties

Not Not Not Not Not Not

Ref # 1 Mapped Mapped Mapped Mapped Mapped Mapped

Status Subject Property Currently On The Currently On The Currently On The Currently On The Currently On The Currently On The

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Market Market Market Market Market Market

Address 182 Abbey Ct 101 Nottingham Trail 208 Hahn Pl 713 Kensington Dr 155 Nottingham Trail 704 Kensington Dr 731 Kensington Dr


Mapped Properties Continued... Not Not Not Not Not Not Not

Ref # Mapped Mapped Mapped Mapped Mapped Mapped Mapped

Status Currently On The Market Recently Sold Recently Sold Recently Sold Recently Sold Recently Sold Recently Sold

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Address 108 Nottingham Trl 577 Dellwood Dr 174 Nottingham Trail 181 Little John Pl 163 Coventry Ln 96 Lucas Creek Rd 123 Saddle Drive


Comparable Properties Currently On The Market

101 Nottingham Trail List Price: $149,900 List$ SqFt: $104 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold$ SqFt: Style: Colonial Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1439 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Currently On The Market

208 Hahn Pl List Price: $169,900 List$ SqFt: $121 Yr Built: Bedrooms: 0 Full Baths: 1 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold$ SqFt: Style: Ranch Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1402 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Currently On The Market

713 Kensington Dr List Price: $199,900 List$ SqFt: $118 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Sold$ SqFt: Style: Colonial Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1700 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:


Comparable Properties Currently On The Market

155 Nottingham Trail List Price: $206,000 List$ SqFt: $119 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold$ SqFt: Style: Contemporary Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1735 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Currently On The Market

704 Kensington Dr List Price: $208,000 List$ SqFt: $111 Yr Built: Bedrooms: 0 Full Baths: 1 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold$ SqFt: Style: Traditional Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1870 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Currently On The Market

731 Kensington Dr List Price: $232,500 List$ SqFt: $119 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Sold$ SqFt: Style: Colonial Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1957 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:


Comparable Properties Currently On The Market

108 Nottingham Trl List Price: $249,900 List$ SqFt: $122 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold$ SqFt: Style: Colonial Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 2052 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Recently Sold

577 Dellwood Dr List Price: $0 List$ SqFt: $0 Yr Built: Bedrooms: 0 Full Baths: 1 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold Price: $180,000 Sold$ SqFt: $132 Style: Ranch Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1360 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Recently Sold

174 Nottingham Trail List Price: $0 List$ SqFt: $0 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 0 Heat: Cooling: Fireplaces: Remarks:

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Sold Price: $185,000 Sold$ SqFt: $116 Style: Ranch Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1600 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:


Comparable Properties Recently Sold

181 Little John Pl List Price: $0 List$ SqFt: $0 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold Price: $185,000 Sold$ SqFt: $112 Style: Contemporary Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1651 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Recently Sold

163 Coventry Ln List Price: $0 List$ SqFt: $0 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Sold Price: $207,000 Sold$ SqFt: $90 Style: Colonial Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 2295 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:

Recently Sold

96 Lucas Creek Rd List Price: $0 List$ SqFt: $0 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Sold Price: $238,175 Sold$ SqFt: $120 Style: Traditional Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1984 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:


Comparable Properties Recently Sold

123 Saddle Drive List Price: $0 List$ SqFt: $0 Yr Built: Bedrooms: 0 Full Baths: 2 Half Baths: 1 Heat: Cooling: Fireplaces: Remarks:

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Sold Price: $239,000 Sold$ SqFt: $123 Style: Colonial Exterior: Found: Stories: Parking: Water: Sewer:

SqFt: 1944 Subdiv: Sr Hi Sch: Other Sch: Floors: Ext Feat: Int Feat: Wtrfrnt:


Comparative Market Analysis 101 Nottingham Trail

Status List Price List$ SqFt Sold Price Sold$ SqFt Contract Date Sold Date DOM Subdiv Style Stories Year Built SqFt Total Rooms Bedrooms Full Baths Half Baths Fireplaces Sr High School Other Sch

208 Hahn Pl

713 Kensington Dr

155 Nottingham Trail

704 Kensington Dr

A $149,900 $104

A $169,900 $121

A $199,900 $118

A $206,000 $119

A $208,000 $111

Colonial

Ranch

Colonial

Contemporary

Traditional

1439

1402

1700

1735

1870

0

0

0

0

0

2 1

1 1

2 1

2 1

1 1

Exterior Foundation Heat Cooling Flooring Flooring Waterfront Desc Parking Parking Int Feat Int Feat Ext Feat Ext Feat Amenity Fence Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Comparative Market Analysis 731 Kensington Dr

Status List Price List$ SqFt Sold Price Sold$ SqFt

108 Nottingham Trl

A $232,500 $119

Contract Date Sold Date DOM Subdiv Style Stories Year Built SqFt Total Rooms Bedrooms Full Baths Half Baths Fireplaces Sr High School Other Sch

A $249,900 $122

577 Dellwood Dr

174 Nottingham Trail

181 Little John Pl

S

S

S

$0 $180,000 $132

$0 $185,000 $116

$0 $185,000 $112

08/15/14

01/26/15

11/08/14

Colonial

Colonial

Ranch

Ranch

Contemporary

1957

2052

1360

1600

1651

0

0

0

0

0

2 1

2 1

1 1

2 0

2 1

Exterior Foundation Heat Cooling Flooring Flooring Waterfront Desc Parking Parking Int Feat Int Feat Ext Feat Ext Feat Amenity Fence Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Comparative Market Analysis 163 Coventry Ln

Status List Price List$ SqFt Sold Price Sold$ SqFt Contract Date Sold Date DOM Subdiv Style Stories Year Built SqFt Total Rooms Bedrooms Full Baths Half Baths Fireplaces Sr High School Other Sch

96 Lucas Creek Rd

123 Saddle Drive

S

S

S

$0 $207,000 $90

$0 $238,175 $120

$0 $239,000 $123

01/05/15

10/23/14

09/04/14

Colonial

Traditional

Colonial

2295

1984

1944

0

0

0

2 1

2 1

2 1

Exterior Foundation Heat Cooling Flooring Flooring Waterfront Desc Parking Parking Int Feat Int Feat Ext Feat Ext Feat Amenity Fence Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Comparative Market Analysis 182 Abbey Ct

577 Dellwood Dr

181 Little John Pl

Adjustments

Sold Price Sold$ SqFt List Price List$ SqFt Contract Date Sold Date DOM Subdiv Style Stories Year Built SqFt Total Rooms Bedrooms Full Baths Half Baths Fireplaces Sr High School Other Sch Exterior Foundation Heat Cooling Flooring Flooring

$180,000 $132

$180,000

174 Nottingham Trail

Adjustments

$185,000 $112

$185,000

Adjustments

$185,000 $116

$0 08/15/14

$0 11/08/14

$0 01/26/15

Ranch

Contemporary

Ranch

1360

1651

1600

0 1

0 2

0 2

1

1

0

$185,000

Nottingham Village 2 1985 1743 8 4 2 1 1 Menchville B.C. Charles Slab Heat Pump Heat Pump Carpet

Waterfront Desc Parking Parking Int Feat Int Feat Ext Feat Ext Feat Amenity Fence

Backyard $205,696

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

$180,000

$185,000

$185,000


Comparative Market Analysis 182 Abbey Ct

163 Coventry Ln

123 Saddle Drive

Adjustments

Sold Price Sold$ SqFt List Price List$ SqFt Contract Date Sold Date DOM Subdiv Style Stories Year Built SqFt Total Rooms Bedrooms Full Baths Half Baths Fireplaces Sr High School Other Sch Exterior Foundation Heat Cooling Flooring Flooring

$207,000 $90

$207,000

96 Lucas Creek Rd

Adjustments

$239,000 $123

$239,000

Adjustments

$238,175 $120

$0 01/05/15

$0 09/04/14

$0 10/23/14

Colonial

Colonial

Traditional

2295

1944

1984

0 2

0 2

0 2

1

1

1

$238,175

Nottingham Village 2 1985 1743 8 4 2 1 1 Menchville B.C. Charles Slab Heat Pump Heat Pump Carpet

Waterfront Desc Parking Parking Int Feat Int Feat Ext Feat Ext Feat Amenity Fence

Backyard $205,696

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

$207,000

$239,000

$238,175


Comparative Market Analysis Statistics Graphic Analysis of Currently On The Market Properties

Summary Statistics of 7 Properties: Average Price: High Price: Low Price: Median Price: Average $ per SqFt:

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

$202,300 $249,900 $149,900 $206,000 $116.29


Comparative Market Analysis Statistics Graphic Analysis of Recently Sold Properties

Summary Statistics of 6 Properties: Average $ per SqFt: $115.50

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Pricing Your Property to Sell

Pricing your property correctly is crucial. You want to sell your property in a timely manner at the highest price possible. Current market conditions determine the value. Pricing too high or too low can cost you time and money. Realistic pricing will achieve a maximum sale price in a reasonable amount of time.

Analysis of the comparable properties suggests a list price range of: $197,800 to $210,000

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Pricing Strategy General Rules. Let's review some important considerations. There are certain factors that are beyond our control and certain factors that are within our control. Those factors outside of our control are: the location of the property, the finished square feet and types of rooms and the amenities that are in place. Those factors we can control are: the appearance of the property inside and out, how aggressively we market the property and the price, including terms. It is critical for us to accept those factors that are beyond our control and to focus on pricing and preparation.

Local Market Observations. Our market is currently steady. Properties are not moving very fast but they are not languishing for months either. Given the current interest rate situation we should continue to experience relatively low mortgage rates and thus the market should remain steady for awhile.

Suggested Price Strategy. My analysis of the comparable properties suggests a list price range of $ 197,800 to $ 210,000. This range should achieve your primary goal which is a reasonably quick sale.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Seller’s Estimated Proceeds Proposed Selling Price

$200,000

1st Mortgage Title Insurance Brokerage Fee Home Warranty Policy Termite Inspection Document Preparation Appraisal Fee Recording Fee Buyer closing cost

$150,000 $0 $12,000 $429 $100 $400 $0 $100 $4,000

Approximate Net Proceeds DISCLAIMER: Items and amounts presented are estimates only.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

$32,971


Marketing & Action Plan Initial Marketing Action Items: * Enter listing into MLS system. * Put up "For Sale" sign. * Create first appearance report * Take Professional photos of property * Create Visual tour/ Video of property * Link Visual tour to MLS * Create flyer on property * Provide empty flyer box. * * With in three first three weeks on active listing: * * * * * *

Send out 50 Post cards to neighbors announcing the listing Post listing on local Military bases housing web site Email flyer announcing property to over 600 agents Invite local agents to Broker open house

Internet Marketing: * * * * * * * * *

Purchase Domain name for address Create Web page for the property Create the texting info code on the property Provide a texting information bar for the property Create QR code for the property w/web page link Post Listing onto Coldwell Banker Web Site Post Listing as a Showcase Listing on REALTOR.com

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Action Items * * * * * * * *

Provide at owners expense a Home Inspection Go over With Seller and have repaired inspection report items Bind Home Inspection and provide to seller for showing package Set up with Seller their showing presentation layout HMS Home Warranty paper work Stage furniture in home.

On-going / Follow up * * * * * * *

Report Bi- weekly to clients. Show property to prospects. Review price based on agent input & market conditions. Inspect property monthly if vacant Contact showing agent for feedback

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Immediate Actions

Over the next few days, we will take the following initial steps to find a buyer for your property: Action

Target Date

� Install lock box

_______________

® � Install Coldwell Banker FOR SALE sign

_______________

� Place information on coldwellbanker.com

_______________

� Submit information to Multiple Listing Service (MLS)

_______________

� Promote at Coldwell Banker office sales meeting

_______________

� Hold Coldwell Banker office preview

_______________

� Prepare property information flyers

_______________ _______________

� Distribute JUST LISTED notices to target areas � Promote through local Association of REALTORS

®

_______________

________________________________________

_______________

________________________________________

_______________

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Make Your House Stand Out In The Marketplace

The Coldwell Banker® Homebuyer Ready Program.

Helps you... � Attract more buyers � Minimize negotiations for the right price � Decrease the likelihood of a sale falling through due to unexpected surprises

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

We'll help you complete the steps necessary for a Homebuyer Ready home. We'll recommend and contact preferred companies — you select who will work with you. And we'll promote your house with distinctive yard signs, advertising and a special seller's marketing packet.


Home Enhancement

A custom plan to enhance your property's appearance, including: � Identify problem areas � Smaller rooms � Room with unattractive view � Share tactics to address � Furniture placement � Rug Removal � Paint colors

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

� Recommended specialists � Handyman � Paint contractor � Cleaning service � Yard service � Pool cleaning and deck refresh � Home staging designers


Home Enhancement Checklist

Exterior

� Set a comfortable temperature

� Keep grass mowed, shrubs trimmed

� Do a quick dusting and give the carpets a once-over with the vacuum; straighten rugs; empty wastebaskets

� Pick up lawn tools, toys and newspaper, sweep front walkway � Clean up after pets

� Open windows to freshen rooms � Keep pets out of the way; make sure all pet areas are clean and free of odor

Interior � Pick up toys and shoes; make up beds and put clothes away � Prepare tables with flowers and place settings; set out a game or "coffee table" book � Turn off the television; play soft background music � Tidy up bathrooms; set out show towels � Open drapes and shades, and turn on lights to make your house look bright and cheerful

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

Special tips for showings � Secure jewelry, cash, prescription medications and other valuables � It is usually best if you can leave while your house is being shown � If people who are not accompanied by an agent ask to see your property, please refer them to us; we will pre-screen them � Please save business cards of all agents who show your property


Make Your House Stand Out In The Marketplace

The Coldwell Banker® Homebuyer Ready Program.

Helps you... � Attract more buyers � Minimize negotiations for the right price � Decrease the likelihood of a sale falling through due to unexpected surprises

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

We'll help you complete the steps necessary for a Homebuyer Ready home. We'll recommend and contact preferred companies — you select who will work with you. And we'll promote your house with distinctive yard signs, advertising and a special seller's marketing packet.


Coldwell Banker速 Home Protection Plan

You can sell your house faster and for a higher price with the Coldwell Banker速 Home Protection Plan. Service you can count on

Protects your budget

With reliable service from pre-screened contractors - all with just one phone number. Call AHS 24 hours a day, 365 days a year. We handle the rest.

A home warranty can help protect you from unexpected repair bills and give you peace of mind.

A popular feature for buyers Additional marketing impact Home warranties give the seller a better chance of selling, in a shorter amount of time, and for more money.

*See specific plan application for details.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466

A home warranty builds buyer confidence by providing repair-or-replace coverage for major home operating systems and appliances for one full year after the closing.*


A Word Of Caution

In order to maintain the strongest negotiating position, we recommend that you do not discuss the following information with any buyers or other real estate agents. � Reason for selling

� Personal property you might be willing to include

� Urgency to sell � Willingness to consider an offer less than listing price

� Timing and benefits from your company � Any other confidential information

� Financing terms you would accept

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


Important Factors In Choosing A Real Estate Agent

A variety of factors influence a seller's decision to list with a particular real estate agent. Source: National Association of Realtors速 Profile of Home Buyers and Sellers.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


What Sellers Want Most From Real Estate Professionals

Real estate agents can best serve their clients when they fully understand what their clients expect from them. Source: National Association of Realtors速 Profile of Home Buyers and Sellers.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


RĂŠsumĂŠ Orrin Banner

Experience: Retail manager for 40 years Owner of Buy-Rite Furniture untill 2011 Real estate owner and investor since 1981 Real estate sales since 2010 Affiliations: REIN Real Estate Information Network VA. Pennisula Board of REALTORS VA. Board Of REALTORS National Board of REALTORS Education: G.C. Murphy Managment Training Program 1978 CDPE 2011 (Certified Distressed Property Expert) SFR 2011 (Short sale,Forclosure Resource)

Community: Freedom Life Church Boy Scout troop #6 Denbigh Warwick Business Assoc.

Personal: Father of 4 grown children Enjoy sailing and remodeling projects People person; passing on the power of positive thinking Boy Scouting and Camping


Customer References Sellers Brain & Linda Wilson

205 Fairfield Ct

757-570-0533

Jay Pruden

918 Kentwell Ct.

757-218-3055

Joy James

503 Ashwood Dr.

757-660-8482

Scott Fisher

760 Shields Rd.

757-871-5920

Jose Gutierrez

800 Shields Rd.

757-470-4103

Tekisha Malone

14567#f Old Courthouse Way

757-876-6122

Wanda J. Hoffler

877 Brompton Ct

757-817-2962

James Roland

717 Galahad Dr

757-813-2450

Ed O'Donnell

757-873-0539

Albert Manzlak

757-897-2651

Monica Bell

757-813-4066

Old Point Bank

757-728-1893

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


We Are Ready To Go To Work For You NOW!

We are prepared to fulfill the promises in the Coldwell Banker Seller Service Guarantee. Your satisfaction is our top priority. The Coldwell Banker tradition of service You will be backed by the extensive resources and the nearly 100-year heritage of the premier real estate organization.

Our local Coldwell Banker office You will benefit from the marketing expertise of our team of dedicated real estate professionals.

My personal commitment I will devote my energy to meeting your needs, and I will stay in touch with you and keep you informed throughout the transaction.

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


In Conclusion When you choose Orrin Banner you will receive:

Excellent service and support.

A market analysis of your home.

A winning marketing plan.

Every effort to sell your home promptly.

The resources of Coldwell Banker Traditions.

List Your Home Now with Orrin Banner!

Orrin Banner, CDPE,SFR Office: 757-926-4845 Office Fax: 757-345-5119 E-mail: orrin@cbwilliamsburg.com Voicemail: 757-345-5119 Mobile: 757-871-9466


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