Page 13 - 2014 Annual Real Estate Report for Lost Lake Woods Club

We look forward to 2015 being another successful year for home sales at Lost Lake Woods Club.

Taking a look at the chart below, every year for the past 6 years, particularly the last couple, has
shown improvement for sales at the club. The chart does coincide with the steady improvement in

the real estate market that has been noted across the state of Michigan since the year 2012.

YEAR # Homes Sold Avg. List Price Avg. Sale Price Avg. List/Sell Avg. DOM

2014 21 $127,724 $115,721 91% 257

2013 19 $109,826 $100,484 91% 406

2012 14 $98,205 $84,714 86% 300

2011 11 $91,873 $81,765 89% 427

2010 13 $95,285 $82,531 87% 743

2009 8 $95,712 $81,831 85% 392

Although there are many factors involved in a successful real estate transaction, the single most

important factor in selling a home is that the house price must be just right. First and foremost,

your asking price needs to be fair. To make sure you are asking a fair price, compare your property
with those in the same area and make it competitive. The list price is the most important decision

a seller will make in the home selling process. The other important factors that a seller can help

improve their success has to do with maintaining the home and making the home as presentable
to buyers as possible for showings. The 2nd most important decision for a seller should be hiring

the best advocate to market their home to as many prospective buyers as possible with quality
photograph images and videos. The National Association of Realtors has found in surveying buy-

ers that well over 90% of today ’ s buyers are searching for their homes on various internet sites.

We currently advertise a seller ’ s home on 17 multiple listing services and hundreds of consumer
internet sites. Because we are affiliated with the Largest Independent Real Estate Brokers in both

the state of Michigan and the state of Florida, our sellers are working with Realtors who have been
equipped with the most innovative technology, training, management, and legal counseling.

“ We are never in one place 24/7 but our Marketing is 24/7 Worldwide ”