[APPENDIX I]
Monthly Marketing Report (MMR) Template
REO ID: XX
PROPERTY ADDRESS: XX
XX DAYS FROM LISTING
Quick Summary
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:
Active Listings
| Address | List Price | Sq. Feet differential | Days on Market | REO |
| 1234 MAIN STREET | $70,000 | 83 SQ FT LARGER THAN SUBJECT | 104 | Y |
| 1235 MAIN STREET | $79,000 | 83 SQ FT LARGER THAN SUBJECT | 170 | N |
| 1236 MAIN STREET | $85,000 | 83 SQ FT LARGER THAN SUBJECT | 443 | Y |
Closed Sales
| Address | Sales Price | Sq. Feet differential | Closing date |
| 1237 MAIN STREET | $65,000 | 90 SQ FT SMALLER THAN SUBJECT | 01/28/2012 |
| 1238 MAIN STREET | $94,000 | 58 SQ FT SMALLER THAN SUBJECT | 06/15/2012 |
| 1239 MAIN STREET | $97,000 | 58 SQ FT SMALLER THAN SUBJECT | 04/23/2012 |
Note: Closed COMP #1 and #3 were short sales. Closed COMP #2 was an REO.
FEEDBACK FROM BUYERS AND/OR AGENTS
MARKET CONDITIONS IMPACTING PROPERTY VALUE
RECOMMENDATION
Due to competition from other condominiums within a one mile radius of subject, we have only received XX showing requests within the last XX days (see addendum B).
Our initial BPO recommended an “as is” list price for $XX. Current List price is $XX. We strongly recommend reducing the list price by XX% to $XX to successfully sell subject property in the next sixty days.
| BPO Recommended List Price | $99,900 |
| Current Listed Price | $109,450 |
| Suggested Revised List Price | $98,900 |
Addendum A: Showing Requests in the last XX Days:
| From | Subject | Received | Size |
| CRYING BROKERAGE | Showing at 1233 MAIN STREET | Tue 7/13 | 3 KB |
| LUKEWARM BROKERAGE CO. | Showing at 1233 MAIN STREET | Sun 7/11 | 3 KB |
| SO-SO BROKERAGE CO. | Showing at 1233 MAIN STREET | 7/9/2010 | 3 KB |
| DYING BROKERAGE CO. | Showing at 1233 MAIN STREET | 7/9/2010 | 3 KB |