Safari Dr San Joses, Ca. Your Name. Mr. & Mrs. Smith. Subject Property. Researched and prepared by. Prepared exclusively for

Researched and prepared by Your Name Subject Property Safari Dr San Joses, Ca Prepared exclusively for Mr. & Mrs. Smith Prepared on December 16, 211 Your Name Your Office Name Your Office Address, XXX-XXX-XXXX you@youremailaddress.com

Friday, December 16, 211 CMA Price Adjustments This page outlines the subject property versus comparables properties. Subject Property 512 SAFARI MLS# Status List Price List Date Sold Price Sold Date City San Jose Area Blossom Valley Sub Prop Single Family Residential DOM Beds 4 Baths 2 Fireplaces Parking Grg Desc Attached, Electric Door or Gate Opener, 2 Car Garage Sqft 1342 Acres Cool Central Air Conditioning District Oak Grove Elementary Age 4 Utility WELCOME HOME! Beautiful 4 bedroom property in great central neighborhood! Updated kitchen, remodeled bathroom, dual pane windows, CAT 5, separate living room and family room, huge rear yard, and so much more! All this and great access to shopping, freeways, and schools - Enjoy! Details 614 Choctaw 81136339 Sold (Closed Sale) $529,5 8/19/211 $519,95 1/25/211 Adjust San Jose Blossom Valley Single Family Residential 23 4 2 Wood Burning Fireplace Attached, 2 Car Garage 1495-47,277 Central Air Conditioning Oak Grove Elementary 43 "OH WHAT A FEELING, SUNNY DELIGHT!"You will Love the Fabulous Feeling in this Bright, Cheerful Home!*Great Curb Appeal*Nature Light Skylight*Dual Pane Windows*Garden Windows*Bay Windows*Central Air*Copper Plumbing*Pergo Flooring*Remodeled Kitchen*Corian Counters*Remodeled Master Bath*Upgraded Guest Bath*Retextured Ceilings*Sparkling Pool*Solar Heating*Bubbling Hot Tub*Sakamoto Elementary*Nice*View Details 597 Pineland 81146577 Sold (Closed Sale) $499, 11/6/211 $55, 12/7/211 Adjust San Jose Blossom Valley Single Family Residential 5 4 2 Wood Burning Fireplace, Fireplace Insert Attached, 2 Car Garage 1495-47,277 Central Air Conditioning Oak Grove Elementary 4 **No need to preview**this is as good as it gets**new top quality AC**New top quality central heat**new water heater**new water softener**new insulation**hardwood**dp Windows**Crown Molding**Recessed lighting**remodeled kitchen and bathrooms**designer paint**alarm system**ceiling fans**6 panel doors**fantastic resurfaced pool**hot!!** Price Total Adjustments Adjusted Price $519,95 $-47,277 $472,673 $55, $-47,277 $457,723 48-874-2

Friday, December 16, 211 CMA Price Adjustments This page outlines the subject property versus comparables properties. Subject Property 512 SAFARI MLS# Status List Price List Date Sold Price Sold Date City San Jose Area Blossom Valley Sub Prop Single Family Residential DOM Beds 4 Baths 2 Fireplaces Parking Grg Desc Attached, Electric Door or Gate Opener, 2 Car Garage Sqft 1342 Acres Cool Central Air Conditioning District Oak Grove Elementary Age 4 Utility WELCOME HOME! Beautiful 4 bedroom property in great central neighborhood! Updated kitchen, remodeled bathroom, dual pane windows, CAT 5, separate living room and family room, huge rear yard, and so much more! All this and great access to shopping, freeways, and schools - Enjoy! Details 48 Madison 81131578 Sold (Closed Sale) $439, 7/18/211 $437, 9/2/211 Adjust San Jose Blossom Valley Single Family Residential 23 4 2 Wood Burning Fireplace Attached, Electric Door or Gate Opener, 2 Car Garage 141-21,12 No Cooling Oak Grove Elementary 43 Beautiful light-filled home, boasting a formal entry, inviting living room w/ wood burning fireplace, spacious kitchen w/ dining area for 12+. The Milgard dual pane windows, plush new carpeting, new interior paint & detailed craftsmanship found throughout create an ambiance that is both sophisticated & relaxing. Landscaped backyard complete w/ an above ground pool for add'l safety. Don't miss!! Details 471 Shawnee 81121782 Sold (Closed Sale) $41, 5/16/211 $42, 11/3/211 Adjust San Jose Blossom Valley Single Family Residential 6 4 2 Wood Burning Fireplace Attached, Electric Door or Gate Opener, 2 Car Garage 1495-47,277 Central Air Conditioning Oak Grove Elementary 4 Great Value for this 4bdr/2bth Blossom Valley home! Many decorator touches. Dbl pane windows, A/C, water softener already in. Excellent location with schools, parks shopping and major commute access nearby. Do NOT miss this opportunity! Price Total Adjustments Adjusted Price $437, $-21,12 $415,988 $42, $-47,277 $372,723 48-874-2

Friday, December 16, 211 CMA Price Adjustments This page outlines the subject property versus comparables properties. Subject Property 512 SAFARI MLS# Status List Price List Date Sold Price Sold Date City San Jose Area Blossom Valley Sub Prop Single Family Residential DOM Beds 4 Baths 2 Fireplaces Parking Grg Desc Attached, Electric Door or Gate Opener, 2 Car Garage Sqft 1342 Acres Cool Central Air Conditioning District Oak Grove Elementary Age 4 Utility WELCOME HOME! Beautiful 4 bedroom property in great central neighborhood! Updated kitchen, remodeled bathroom, dual pane windows, CAT 5, separate living room and family room, huge rear yard, and so much more! All this and great access to shopping, freeways, and schools - Enjoy! Details 471 Madison 81133776 Sold (Closed Sale) $49, 8/2/211 $43, 12/12/211 Adjust San Jose Blossom Valley Single Family Residential 9 4 2 Wood Burning Fireplace 2 Car Garage 141-21,12 Central Air Conditioning Oak Grove Elementary 43 Great location, close to freways, shoping centers and many more... Details 6155 Ute 81135866 Sold (Closed Sale) $399,9 8/16/211 $42, 9/29/211 Adjust San Jose Blossom Valley Single Family Residential 2 4 2 Wood Burning Fireplace Attached, Electric Door or Gate Opener, 2 Car Garage 1495-47,277 No Cooling Oak Grove Elementary 43 This is a regular sale! Blossom Valley home situated close to the foothills. Has great floor plan large living room and separate family room with wood burning fireplace. 4 bedroom, 2 bathroom includes master. Hardwood floors just waiting to be refinished. Good sized lot with storage shed. Walking distance to highly ranked Sakamoto Elementary School. Price Total Adjustments Adjusted Price $43, $-21,12 $48,988 $42, $-47,277 $372,723 48-874-2

Friday, December 16, 211 Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis. Sold (Closed Sale) listings Address L/S Price Bd Bth Sqft $/Sq Age Date 512 Safari 4 2 1,342 4 614 Choctaw $519,95 4 2. 1495 $348 43 9/11/211 23 597 Pineland $55, 4 2. 1495 $338 4 11/11/211 5 48 Madison $437, 4 2. 141 $31 43 8/1/211 23 471 Shawnee $42, 4 2. 1495 $281 4 5/22/211 6 471 Madison $43, 4 2. 141 $35 43 8/11/211 9 6155 Ute $42, 4 2. 1495 $281 43 8/18/211 2 5885 Snell $4, 4 2. 1345 $297 45 8/25/211 61 $447,421 4. 2. 1449 $39 42 18 DOM Median:$43, Average:$447,421 48-874-2

Friday, December 16, 211 Minimums and Maximums This page summarizes key fields of the listings in this analysis. The listings in this analysis can be summarized as follows: Priced between $399, and $529,5 Selling Price between $4, and $519,95 4 Bedrooms 2. Bathrooms 1,345 to 1,495 Square Feet $281 to $348 per Square Foot Built between 1966 and 1971 2 to 61 Days on Market 48-874-2

Friday, December 16, 211 Number of Days On Market This graph illustrates the number of days on market for the listings in this analysis. 7 Days On Market Days On Market 6 Days On Market 5 4 3 2 1 614 Choctaw 597 Pineland 48 Madison 471 Shawnee 471 Madison 6155 Ute 5885 Snell 48-874-2

Friday, December 16, 211 CMA Pro Report These pages give a general overview of the selected properties. 614 Choctaw Drive, San Jose CA 95123 MLS No: 81136339 DOM: 23 Status: Sold Class: Single Family Residential List Date: 8/19/211 Beds: 4 List Price: $529,5 Baths: 2 Sale Price: $519,95 Sqft: 1495 (Assessor) Lot Size: 6, SqFt (Assessor) Elem Dist: Oak Grove Elementary High Dist: East Side Union High "OH WHAT A FEELING, SUNNY DELIGHT!"You will Love the Fabulous Feeling in this Bright, Cheerful Home!*Great Curb Appeal*Nature Light Skylight*Dual Pane Windows*Garden Windows*Bay Windows*Central Air*Copper Plumbing*Pergo Flooring*Remodeled Kitchen*Corian Counters*Remodeled Master Bath*Upgraded Guest Bath*Retextured Ceilings*Sparkling Pool*Solar Heating*Bubbling Hot Tub*Sakamoto Elementary*Nice*View 597 Pineland Avenue, San Jose CA 95123 MLS No: 81146577 DOM: 5 Status: Sold Class: Single Family Residential List Date: 11/6/211 Beds: 4 List Price: $499, Baths: 2 Sale Price: $55, Sqft: 1495 (Assessor) Lot Size: 6,9 SqFt (Assessor) Elem Dist: Oak Grove Elementary High Dist: East Side Union High **No need to preview**this is as good as it gets**new top quality AC**New top quality central heat**new water heater**new water softener**new insulation**hardwood**dp Windows**Crown Molding**Recessed lighting**remodeled kitchen and bathrooms**designer paint**alarm system**ceiling fans**6 panel doors**fantastic resurfaced pool**hot!!** 48 Madison Drive, San Jose CA 95123 MLS No: 81131578 DOM: 23 Status: Sold Class: Single Family Residential List Date: 7/18/211 Beds: 4 List Price: $439, Baths: 2 Sale Price: $437, Sqft: 141 (Assessor) Lot Size: 6, SqFt (Assessor) Elem Dist: Oak Grove Elementary High Dist: East Side Union High Beautiful light-filled home, boasting a formal entry, inviting living room w/ wood burning fireplace, spacious kitchen w/ dining area for 12+. The Milgard dual pane windows, plush new carpeting, new interior paint & detailed craftsmanship found throughout create an ambiance that is both sophisticated & relaxing. Landscaped backyard complete w/ an above ground pool for add'l safety. Don't miss!! 48-874-2

Friday, December 16, 211 CMA Pro Report These pages give a general overview of the selected properties. 471 Shawnee Lane, San Jose CA 95123 MLS No: 81121782 DOM: 6 Status: Sold Class: Single Family Residential List Date: 5/16/211 Beds: 4 List Price: $41, Baths: 2 Sale Price: $42, Sqft: 1495 (Assessor) Lot Size: 6,32 SqFt (Assessor) Elem Dist: Oak Grove Elementary High Dist: East Side Union High Great Value for this 4bdr/2bth Blossom Valley home! Many decorator touches. Dbl pane windows, A/C, water softener already in. Excellent location with schools, parks shopping and major commute access nearby. Do NOT miss this opportunity! 471 Madison Drive, San Jose CA 95123 MLS No: 81133776 DOM: 9 Status: Sold Class: Single Family Residential List Date: 8/2/211 Beds: 4 List Price: $49, Baths: 2 Sale Price: $43, Sqft: 141 (Assessor) Lot Size: 5,985 SqFt (Assessor) Elem Dist: Oak Grove Elementary High Dist: East Side Union High Great location, close to freways, shoping centers and many more... 6155 Ute Drive, San Jose CA 95123 MLS No: 81135866 DOM: 2 Status: Sold Class: Single Family Residential List Date: 8/16/211 Beds: 4 List Price: $399,9 Baths: 2 Sale Price: $42, Sqft: 1495 (Assessor) Lot Size: 6,1 SqFt (Assessor) Elem Dist: Oak Grove Elementary High Dist: East Side Union High This is a regular sale! Blossom Valley home situated close to the foothills. Has great floor plan large living room and separate family room with wood burning fireplace. 4 bedroom, 2 bathroom includes master. Hardwood floors just waiting to be refinished. Good sized lot with storage shed. Walking distance to highly ranked Sakamoto Elementary School. 5885 Snell Avenue, San Jose CA 95123 MLS No: 81136239 DOM: 61 Status: Sold Class: Single Family Residential List Date: 8/18/211 Beds: 4 List Price: $399, Baths: 2 Sale Price: $4, Sqft: 1345 (Assessor) Lot Size: 6,6 SqFt (Assessor) Elem Dist: Oak Grove Elementary High Dist: East Side Union High Listed on 8/18/211. Completely remodeled house. Priced to sell. Don't miss sweet equity. 48-874-2

Friday, December 16, 211 CMA Pro Report These pages give a general overview of the selected properties. Sold (Closed Sale) Properties Total # of Listings Lowest Price Highest Price Average Price Avg. Price/SqFt Avg DOM 7 $4, $519,95 $447,421 $33.97 18 471 Madison 471 Shawnee 48 Madison 5885 Snell 597 Pineland 614 Choctaw 6155 Ute K 1K 2K 3K 4K 5K 6K 48-874-2

Friday, December 16, 211 CMA Pro Report These pages give a general overview of the selected properties. Summary Graph/Analysis 1,.K 8.K 6.K 4.K 2.K.K Avg Price Min Price Max Price Cumulative Analysis Listing Category Sold (Closed Sale) Lowest Price Highest Price Average Price Avg $ Per $4, $519,95 $447,421 $33.97 Totals / Averages $4, $519,95 $447,421 $33.97 Sold Property Analysis Address List Price Sold Price DOM %SP/LP SP/Sqft 614 Choctaw $529,5 $519,95 23 -%1.8 $347.79 597 Pineland $499, $55, 5 %1.2 $337.79 48 Madison $439, $437, 23 -%.46 $39.93 471 Shawnee $41, $42, 6 %2.44 $28.94 471 Madison $49, $43, 9 %5.13 $34.96 6155 Ute $399,9 $42, 2 %5.3 $28.94 5885 Snell $399, $4, 61 %.25 $297.4 Total Averages 44,771 447,421 18 %1.68 $38.54 48-874-2

Friday, December 16, 211 CMA Pro Report These pages give a general overview of the selected properties. S Property Summary Street Address Bds Bth Sqft L Price S Price Sold Date DOM S 614 Choctaw 4 2 1,495 $529,5 $519,95 9/11/211 23 S 597 Pineland 4 2 1,495 $499, $55, 11/11/211 5 S 48 Madison 4 2 1,41 $439, $437, 8/1/211 23 S 471 Shawnee 4 2 1,495 $41, $42, 5/22/211 6 S 471 Madison 4 2 1,41 $49, $43, 8/11/211 9 S 6155 Ute 4 2 1,495 $399,9 $42, 8/18/211 2 S 5885 Snell 4 2 1,345 $399, $4, 8/25/211 61 48-874-2

Friday, December 16, 211 Pricing Recommendation This page suggests a recommended selling price based on a thorough analysis of your property. After analyzing your property, comparable properties on the market now, recent sales and comparable properties that failed to sell, I conclude that in the current market, your property is most likely to sell for 48-874-2

Friday, December 16, 211 Market Analysis Explanation This is an explanation and overview of this market analysis. This Comparative Market Analysis will help to determine the correct selling price of your home. Ultimately, the correct selling price is the highest possible price the market will bear. This market analysis is divided into three categories: 1. Comparable homes that are currently for sale 2. Comparable homes that are currently pending 3. Comparable homes that failed to sell 4. Comparable homes that were recently sold Looking at similar homes that are currently offered for sale, we can assess the alternatives that a serious buyer has from which to choose. We can also be sure that we are not under pricing your home. Looking at similar homes that are currently pending, we can see which properties were chosen by the buyers among the available inventory. This is an indication of buyers choosing the properties that are priced within the fair market value range, being in the right location, and having the desired condition. Looking at similar homes that failed to sell, we can avoid pricing at a level that would not attract buyers. Looking at similar homes that were sold in the past few months, we can see a clear picture of how the market has valued homes that are comparable to yours. Banks and other lending institutions also analyze these sales to determine how much they can lend to qualified buyers. This Comparative Market Analysis has been carefully prepared for you, analyzing homes similar to yours. The aim of this market analysis is to achieve the maximum selling price for your home, while being able to sell your home within a relatively short period of time. 48-874-2

Friday, December 16, 211 The Importance of Pricing This chart highlights the importance of pricing correctly at market value. This graph illustrates the importance of pricing correctly. The centerline represents market value. As you move above this market value, you attract much smaller percentage of prospective buyers, greatly reducing your chances of a sale. Conversely, as you move below market value, you attract a much larger percentage of potential buyers. 48-874-2