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- 498 Utah Street
496
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity & integrity.”
-- Douglas Adams
- 498 496
415 290 [email protected]
lic#: 01446122
415 306 [email protected]#: 01739593
Juan Diego Pérez-Vargas &Santiago Carral
Utah Street
Market analysis prepared for
415 830 [email protected]#01718099
Lance Machovsky Craig Epstein
Presented by
Max Armour
Dear Juan Diego & Santiago,
Selling your property is a serious undertaking. The most
important decision you make in this transaction is the agent
you hire. This report includes a comparison of your home
relative to others, information about our team and company,
suggestions for preparing your home to sell and a potential
timeline. Thanks for the chance to explain how we can
streamline the process and help you reach your goal, the
successful sale of your home.
Subject property 496-498 Utah Street
StatusCross Street
NeighborhoodYear Built
Sq. FtLot Size
Beds & Baths
ViewsOccupancy
ZoningParking
Condition
Pre-listingMariposaPotrero Hill19113,3842,500Upper unt. - 3 & 2Lower unt. - 3 & 2.5City & DowntownVacantRh-23-4 carAbove average
Sold Properties18 Average
DOM
918 Average$/Sq. Ft.
3 168 750Average List Price
3 302 500Average Sales Price
104%Median Sales / Asking
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No buyer profile. Parents bought for two adult children who intend to occupy each unit and condo con-vert. TIC agreement not in place prior to COE.
StatusCross Street
NeighborhoodYear Built
Sq. FtLot Size
Beds & Baths
Views
OccupancyZoning
ParkingAsk Price
Sold PriceSales / Ask
Price $/sq ftDate Sold
Days on MarketCondition
SoldSouth Van NessInner Mission19002,1233084unt. 1: 2 &1unt. 2: 2 & 1none
VacantNC-13 car$1,895,000$1,960,000103% $92306/04/1432average remodel
SoldFolsomInner Mission19003,5001,524unt. 1: 3 & 2unt. 2: 3 & 2none
VacantRH-32 car$3,290,000$3,500,000106% $100012/12/137above-avg. remodel
3120-3122 23rd St
3118-3122 22nd Street
Comparative Market Analysis of Sold Properties
Two couples purchased jointly, procured Sirkin TIC agreement prior to COE and intend to condo convert.
Sold20thInner Mission190557203430unt. 1: 3-4 & 3.5-4unt. 2: 3-4 & 3.5-4city views
VacantRH - 32 car$ 4,500,000$ 4,500,000100%78704/17/1414above avg. remodel
955-957 S. Van Ness Ave
StatusCross Street
NeighborhoodYear Built
Sq. FtLot Size
Beds & Baths
Views
OccupancyZoning
ParkingAsk Price
Sold PriceSales / Ask
Price $/sq ftDate Sold
Days on MarketCondition
Comparative Market Analysis of Sold Properties
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Buyer occupied the upper level, rented lower unit with plan to condo convert in future. TIC agreement was in place prior to listing.
Sold23rd StreetInner Mission19083,3683,185unt. 1: 3 &2.5unt. 2: 3 & 3none
VacantRH-22 car$ 2,990,00$3,250,000 109% $96504/30/1420above avg. remodel
1034-1036 Treat Ave
Market Value Statistics
Statistics have shown:
There is a 95% chance of sale if a home is priced at market valueThere is a 50% chance of sale if priced at 5% over market valueThere is a 30% chance of sale if priced at 10% over market valueThere is a 20% chance of sale if priced at 15% over market value
The seller can only set the asking price. The buyers will set the sale price.
If the asking price is
15% over market value
10% over market value
5% over market value
Fair market value
20% of the buyers
30% of the buyers
50% of the buyers
95% of the buyers
The property appeals to
Our Listing Approach
Timeline elements are variable and may include:
Listing agreement with price TBDSellers complete their seller disclosuresWe compile complete disclosure package_________________________________________________________Interior design and staging consultation / staging - to dramatize and showcase homeHigh end professional photography and videography_________________________________________________________Finalize initial listing priceSet offer dateContact key realtor associatesContact key clientsPrepare property statementSchedule Neighborhood evening / weekend open houses / Tuesday broker’s toursOrder Yard sign_________________________________________________________Present property on: MLS, TAN Armour Properties website Custom property specific website Coldwell Banker national and international websites Direct email property flyer to ~4,500 SF Realtors Social media Open house schedule on sfgate and in Sunday Chronicle_________________________________________________________ Create and send “just listed” postcards Personally invite neighbors to open housesConduct private showings / Open housesEvaluate feedback from Broker tour and showings _________________________________________________________On the offer date we manage the negotiating process:Receive, evaluate, and tabulate offersPresent and review offers with sellersChoose offer / ratify contractCreate escrow timeline_________________________________________________Sellers sign closing docs with title co.Buyers sign closing docs with title co. _________________________________________________Escrow closes - Buyer’s funds transfer from escrow to Seller’s account.
“Luck is what happens when preparation
meets opportunity.” ― Seneca
Escrow No. ............................
.... Disclosure Regarding Agency Relationships
.... Market Conditions Advisory
.... Buyer’s Inspection Advisory
.... “As-Is” Addendum
.... Transfer Disclosure Statement
.... Supplemental Transfer Disclosure Statement
.... Seller’s Additional Disclosures
.... Home Inspection Report dated ..../..../..... by: ................................
.... Structural Pest Inspection dated ..../..../..... by: ..............................
.... Sewer Lateral Inspection dated ..../..../..... by: ...............................
.... Report of Residential Record (3-R)
.... Notice Concerning Information in the 3-R Report
.... Floor Plans & Room Dimensions dated ..../..../..... by: ....................
.... JCP Residential Property Disclosure
.... Disclosure Regarding Underground Storage Tanks in SF
.... Golden Gate Tank Visual Property Inspection for USTs
.... General Info Stmt. & Acknowledgment of Rcp’t of Local Disc.
.... Residential Energy & Water Conservation Ordinance Brochure
.... Receipt of Combined Hazards Disclosure Booklet
.... Lead-Based Paint Hazards Disclosure & Addendum
.... Residential Earthquake Hazards Report
.... Smoke Detector Statement of Compliance
.... Water Heater Statement of Compliance
.... Receipt of General Information Booklet
.... Notice to Buyers & Sellers RE Preliminary Title Reports
.... Preliminary Title Report dated ..../..../..... by:
First American Title Company, Kevin Thompson One Embarcadero Center, Ste 250 San Francisco, CA 94111 Tel: 415-796-6136, Fax: (866) 407-2086
Property Disclosure Package
496-498 Utah Street
Coldwell Banker Previews Int’l, 1560 Van Ness Avenue, 2nd fl San Francisco, CA 94109 T: 415.290.6058, T: 415.830.0521 Fax 415.771.1264
Buyer acknowledges & agrees that neither Coldwell Banker Previews Int’l nor Listing Agent:(a) Guarantee the condition of the property(b) Shall be responsible for defects that are not known to Broker or are not visually observable in reasonably
and in reasonably and normally accessible areas of the property(c) Can verify information contained in inspection reports, square footage or representations made by others(d) Guarantee the performance of others who have provided services or products to Buyer or Seller(e) Guarantee the adequacy or completeness of repairs made by Seller or others(f) Can identify property boundary lines(g) Decide what price a Buyer should pay or a Seller should accept
Buyers are advised to obtain their own independent inspections from appropriate professionals prior to submitting an offer or during the escrow period.Receipt and Approval Acknowledged by:
BUYER _______________________________ Date __________BUYER _______________________________ Date __________
.... Sellers Agent AVID
.... Buyers Agent AVID
“Luck is what happens when preparation
meets opportunity.” ― Seneca
Coldwell
BankerResidentialBrokerage
15.4%
Alain PinelRealtors
8.5%
Intero RealEstateServices
5.8%
PacificUnion
4.2%
Sereno Group
1.7%
Sotheby’s InternationalRealty
3.4%
KellerWilliamsRealty
3.7%
The Market Leader
Total dollar volume sold in the Bay AreaAlameda, Contra Costa, Marin, Monterey, San Francisco, San Mateo, Santa Clara, Santa Cruz and Sonoma Counties
“Luck is what happens when preparation
meets opportunity.” ― Seneca
“Diligence is the mother of good fortune.”― Miguel de Cervantes
Coldwell banker 3100Keller Williams 670Sotheby’s International 600Intero RealEstate Services 60Ailan Pine Realtors 31Pacific Union 17
Offices Worldwide
Coldwell banker 82000Keller Williams 75000Sotheby’s International 12000Intero Real Estate Services 2000Ailan Pine Realtors 1400Pacific Union 412
Agents Total
Coldwell banker 50Keller Williams 2Sotheby’s International 45Intero Real Estate Services 1Ailan Pine Realtors 1Pacific Union 1
Countries/Territories
Coldwell Banker Previews International has more global coverage, office locations and Agents thanany other company special-izing in luxury real estate. For your Agent, this means they have a larger,active pool of buyers to access, which could result in a more expedient sale.
Global Industry Comparison
The TeamMax ArmourFounder and leader of the Armour Properties team. Building on his success as co-leader of the highest grossing team in San Francis-co over the past ten years, Max’s understanding of the San Francisco market is unparalleled. His creative innovations, zealous work ethic, intense focus on the process and clear communi-cation deliver proven results for his discriminating clientele.
Lance MachovskyChief Operating Officer for the Armour Properties team. Lance oversees all in-house activities, ranging from mar-keting to listing. As the chief point of contact for all team members, he is responsible for effectively marshaling Armour Properties’ resources, ensuring all clients the best, most seamless experience.
Craig EpsteinAs Listing Manager Craig manages the pre-listing preparation of the property, coordinating with stagers, inspectors, painters, photog-raphers and other vendors. Craig ensures that the all-im-portant Disclosure Package is thoroughly completed. 80% of selling a home happens before it even hits the market. Armour Properties controls the preparation of the house in a timely effective manner to maximize the return.
References
“Individual commitment to a group effort - that is what makes a team work, a company work,
a society work, a civilization work.”― Vince Lombardi
Coldwell BankerPreviews International1560 Van Ness Ave. 2nd FloorSan Francisco, CA 94109
First American Title escrow officer: Kevin Thompson 415 563 2206, [email protected]
In house transaction coordinators:
Listings Claudia HurtadoEric SandateClaudine Cabaron 415 474 1222 [email protected]
Coldwell Banker Previews Int'l1560 Van Ness Avenue, 2nd FloorSan Francisco, CA 94109