REO ID: XX
PROPERTY ADDRESS: XX
XX DAYS FROM LISTING
There are XX properties actively for sale in the same building (XX) as subject (ranging from XX). Moreover, there are XX other REO comparable listings within one mile of subject property (see addendum A). Of the XX active listings, XX are REOs and XX are short sales. Subject property has been listed for XX days and has difficulty selling because there are short sales in the same building listed for much less than the subject property.
The current listing price is $XX and in our opinion is over-priced relative to comparable as shown below:
|Address||List Price||Sq. Feet differential||Days on Market||REO|
|1234 MAIN ...|