Buyer's Offer Analysis · ConfidentialeXp Realty

Offer Analysis & Negotiation Strategy

A fair, defensible offer - grounded in the comparables.

Prepared by Lori Gladstone, REALTOR® · eXp Realty, LLC · for 2208 Turtle Creek Dr, Sherman, TX 75092

The offer below is built on recent comparable sales and current market value - a data-backed number the sellers can weigh with confidence, structured to protect the buyers.

$474,900
Current list price
$422,000
Opening offer
$435,500
★ Target settlement
$447,000
Walk-away max
01 - Recommendation02 - Property & History03 - Comparables 04 - Adjustments05 - Negotiation06 - References

01 - Executive Summary & Offer Recommendation

A comparable-driven offer structure.

Based on recent comparable sales and current market value, here is a fair, defensible offer structure - an opening position, a data-backed target, and a disciplined walk-away ceiling.

Aggressive Opening
$422,000
11.1% below list
Anchors the negotiation low but stays defensible - room to move toward the target while framing the market reality.
★ Recommended
Target Settlement
$435,500
8.3% below list
The comparable-sales baseline - fair, data-backed, and hard to refute.
Walk-Away Maximum
$447,000
5.9% below list
The ceiling. Above this, the buyers are paying past what the comparables support.
Why this number holds

The recommended offer is anchored to the comparable sales below and the property's current market value - not to the seller's list price or their original cost basis. Present it as an objective read of today's market.

02 - Subject Property Profile & History

2208 Turtle Creek Dr, Sherman

5
Bedrooms
3.5
Bathrooms
3,002
Sq ft
1981
Year built

A single-family home on a 0.34-acre lot with a slab foundation, situated adjacent to a greenbelt and creek with a retaining wall, surrounded by 14 mature oak and evergreen trees.

The sellers have cared for the home well - luxury vinyl plank flooring, a renovated kitchen with stainless appliances and granite, remodeled bathrooms. Critically, the major systems are sound: the roof is only ~4 years old, and HVAC, plumbing, and electrical are reported in good condition (verifiable at inspection). This strengthens the buyers' confidence apart from the foundation.

Pricing history & seller motivation

  • April 2022
    Listed $450,000; buyers paid $32,500 over - cost basis ~$482,500. Era of 3-4% rates and bidding wars.
  • May-Jul 2025
    Listed $529,000 → reduced $524,900 → removed in July after failing to attract a buyer.
  • June 2026
    Relisted $479,900 → reduced to $474,900 after 15 days on market.

03 - Comparable Sales Analysis

Establishing market value

Texas doesn't publicly record sold prices - so we analyze the closest comparable sales, days on market, and prevailing sale-to-list ratios to establish an accurate market value for the subject.

PropertyBD/BASq FtPrice$/SqFtNotes
2208 Turtle Creek Dr5/3.53,002$474,900$158Subject property (active)
2215 Oak Creek Dr4/33,036$464,200$153Best comp Best match
823 W Lamberth Rd4/33,211$451,000$140Larger lot, has a pool.

The subject is valued against the closest comparable sales above. Weigh each comp's size, condition, and location against the subject before finalizing the offer.

04 - Valuation Adjustments & Rationale

From market value to the offer.

$458,031
Baseline market value
$22,500
Adjustments
=
$435,500
Target offer

Condition / Property Adjustment -

Enter any downward adjustment specific to this property - deferred maintenance, foundation history, dated systems, or lot factors - with the dollar rationale. If none apply, the target equals the baseline market value.

Confirmed Strengths $0

Note the features that warrant no deduction - a newer roof, updated systems, renovations - so the offer clearly reflects a rational read of value, not a criticism of the home.

05 - Negotiation Strategy & Talking Points

How to present the offer

A clean, data-backed narrative that respects the sellers, isolates the real issues, and makes the valuation difficult to dismiss.

1
Acknowledge the home's strengths first.
"The buyers love this home and appreciate everything the sellers have done. Our number isn't a criticism - it's an objective read of today's market and the comparable sales."
2
Anchor to today's market, not the past.
"We understand the home's history, but current conditions and recent comparable sales are what set today's value. Our offer reflects exactly that."
3
Anchor to the closest comparable.
"The nearest comparable sale is the clearest benchmark - same area, size, and age. Our offer is a direct reflection of that value."

By presenting a clean, objective offer grounded in comparable value, the buyers position themselves as serious and rational - making it difficult for the sellers to dismiss the valuation out of hand.

Lori Gladstone
Lori Gladstone

Let's write a smart, confident offer.

Blessed Moves · ABR · GRI · BPOR · CNHS · SRES

06 - References

Sources

[1] RentCast - property record & comparable sales for the subject address.
[2] NTREIS MLS - confirm sold prices & days-on-market before submitting.
[3] Your CMA - the agent's own analysis is the authoritative basis for the offer.

This analysis is provided for informational purposes to support the buyer's offer strategy. Market values are estimated using available list prices, automated valuation models, and prevailing sale-to-list ratios, as Texas is a non-disclosure state. Final figures should be confirmed with NTREIS MLS sold data prior to submitting an offer.