Lab3 - Alice Barr Realty Author John Matias Date:...

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Alice Barr Realty Author John Matias Date: 4070300.00% Purpose: Analysis of Barr Realty Advertising Phrase for Regional Realty Assoication Analysis I think that the Barr Realty Company should not be allowed to advertise the phrase "Get Your Price". I am basing this comment on the analysis that was performed. Of the total number of records that are available for analysis only 3 were sold at a price more than the Asking Price. The remaining 27 houses were sold at a price which is lower than what the customer wanted to sell for. If there are 90% of the houses that are sold below the asking price, I do not recommend using false advertising.
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Alice Barr Realty We get your price and we sell it quickly! Address City Selling Agent Asking Price Selling Price % of Asking Listing Date Sale Date 81 Island Drive South Sunrise Bethune $147,800 $150,000 101.5% 22-May 15-Jun 30 Kent Road Coral Gables Bethune $259,900 $246,905 95.0% 2-Jun 2-Sep 103 Jasper Drive Coral Gables Bethune $165,900 $159,264 96.0% 29-Jun 4-Sep 7 Kingston Court Sunrise Carey $500,000 $465,000 93.0% 3-Apr 10-Apr 11971 SW 269 Terrace Miami Carey $410,000 $397,700 97.0% 1-May 25-Jun 10700 Lake Shore Lane Miami Carey $650,000 $598,000 92.0% 15-May 9-Jun 1629 NW 43rd Street Miami Carey $179,900 $163,709 91.0% 31-May 19-Aug 10 Vestal Drive Miami Carey $555,000 $565,000 101.8% 24-Jun 30-Jun 10995 SW 88 Court Coral Gables Goodrich $110,000 $106,000 96.4% 12-Apr 3-Jul 1 Southampton Place Coral Gables Goodrich $285,000 $276,450 97.0% 28-May 18-Jun 8687 Kenwood Road Miami Hernandez $725,000 $645,250 89.0% 1-Apr 15-Apr 758 University Drive Coral Gables
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This note was uploaded on 10/19/2011 for the course BIS 155 taught by Professor Sasha during the Spring '11 term at DeVry NJ.

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Lab3 - Alice Barr Realty Author John Matias Date:...

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