CMA Summary for Sellers

Prompt preview

Summarize this comparative market analysis for Mark, who owns 221 Oak Ridge Drive. Subject property: 4 bed / 2.5 bath, 2,300 sq ft, built 1998, original kitchen, new HVAC 2022 Comparable sales: 215 Oak Ridge: $598k, 2,250 sq ft, updated kitchen, sold Aug 9 Elm Ct: $561k, 2,400 sq ft, dated, sold Jul 40 Pine St: $585k, 2,200 sq ft, partial update, sold Sep Active competition: 12 Cedar Way: $609k, 2,350 sq ft, 21 days on market My recommended list price range: $575,000 to $590,000 Explain in plain English, in this order: 1. What the comps say, with one line on why each one is higher or lower than their home. 2. How the active listings are the home's real competition. 3. Why the recommended range makes sense, and what happens if we list above it. The seller expects more than the data supports. Be kind but direct: let the comps do the talking, acknowledge what they love about the home, and explain the cost of overpricing (longer days on market, price cuts, weaker offers). Finish with the three pre-listing fixes most likely to move the price, from this list: - Paint interior neutral - Replace kitchen hardware and lighting - Refresh landscaping - Deep clean carpets I'm a licensed real estate agent. Sign off with my name, brokerage and phone number as placeholders: [Name], [Brokerage], [Phone]. Never promise a sale price, a closing date or investment returns, and keep every claim fair-housing compliant: describe the property, never the kind of person who should live there.