| 3 | Packet of information exclusively for: First Name & Spouse 1st nm LAST NAME and no other. | copyright | 02/26/04 | do not reproduce w/o permission. | |||
| The Decision: Price/ Area/ Timing | |||||||
| Looking. | |||||||
| Our office has represented property throughout Michigan and can work with agents out-state. | |||||||
| We can represent any property in that is listed by any office, by an owner, or not yet for sale. | |||||||
| So where to look? We like to use this general outline. | |||||||
| First complete a "Sorting out the variables" questionnaire that helps you rank your needs | |||||||
| and wants based on such things as area, characteristics of the building, of the land, or | |||||||
| the community, etc. | |||||||
| Next it helps to actually drive around general areas of interest. When you get a feel for | |||||||
| approximate areas that you feel would be good then... | |||||||
| The Multiple Listing Service ( MLS ) is accessible with detailed criteria for searching | |||||||
| via your Realtor. There is limited information available through a public access site | |||||||
| called Realtor.com linking well over a million properties from local MLS's. | |||||||
| - Access to the data on the Flint MLS (multiple listing service) system and/or the | |||||||
| Realcomp II MLS system covering Oakland, Livingston, Wayne, Macomb counties, as | |||||||
| well as other areas. The Flint system is used by approximately 1000 Realtors, the | |||||||
| Realcomp II system is used by approximately 10,000 SE MI Realtors. | |||||||
| The MLS has info on current asking prices as well as historical information on sold | |||||||
| prices and marketing times. Useful ways to compare are location, square feet, age, | |||||||
| amenities, & so forth. | |||||||
| Looking through the MLS either via a public site or with your Realtor, viewings | |||||||
| can now be set to start to compare. | |||||||
| Price can be examined a number of ways when you are interested in a property. | |||||||
| We help you examine data by making the following available ( when requested ): | |||||||
| - | MLS Sold data in immediate area: look at sold price as % of ask price, days on market, etc. | ||||||
| - | MLS Sold data for similar types of property in area | ||||||
| - | Assessor information of local area properties. With this, you might compare the assessors | ||||||
| valuation of other recently sold property with your assessment then calculate a comparable | |||||||
| selling price estimate. | |||||||
| Your notes: | |||||||