1258 Waterways in Ann Arbor, MI 48108

Today I listed this house in Saline, MI. The sellers had interviewed me last May and I didn't get the listing. Why ? Because I told them the truth. The house should be priced in the 470's. They chose a Realtor that listed it at 515,000. That was fine, they had only owned the home for 2 years and they were going to be losing 25,000 just on the list price with a full price offer and that is not going to happen in this market. They are a wonderful couple and I wished them the best of luck in the sale of their home.

So I got a call, two weeks ago, "Missy, please come and list our house."

Why, what happened ?

Well, when we got down to the price you told us we wanted to list with you. So, now they have moved to N.Y. and I had the house professionally cleaned and it went on the market today. It is a gorgeous home and setting. Saline Schools with an Ann Arbor mailing address. It is in a very beautiful subdivision.

This is the 3rd house that I have been the second Realtor in this year.  I sold the others in record time. I don't believe in inflating the price ever. Who does it help ? The sellers ? NO  Me the agent trying to market and sell a home I don't believe in at a higher price than the market justify's? NO

 Enjoy the show and wish me luck !!

 
This post has been included in Michigan Information Washtenaw County, MI Information Saline, MI Information
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37 Comments on 1258 Waterways in Ann Arbor, MI 48108

What a great ending.  I can't get the tour to work.  Can you check it?

08/24/2007 08:04 PM by Kay Van Kampen, Broker, Springfield Missouri Real Estate (RE/MAX Solutions)


I love the story and how you were TRULY the 1st place Agent!!  I tried the tour too...no luck!  :-(

08/24/2007 08:08 PM by Real Estate Specialist | Brandon, FL | Susie Roscoe (Signature Realty Associates)


I am having trouble too, waiting on support to get back to me.

08/24/2007 08:08 PM by Missy Caulk Ann Arbor Real Estate (Keller Williams Ann Arbor, Michigan)


Gorgeous house Missy.  Hope you sell it fast.  This price range is not selling as fast right now.  I'm pulling the price down too.  We just received another bank repo in this price range.

08/24/2007 08:21 PM by Kay Van Kampen, Broker, Springfield Missouri Real Estate (RE/MAX Solutions)


Don't you love it when they come back to you.  I think it must be pretty hard for some to admit they were wrong, so its quite nice of them to do that and call you back.  They could just call a third person and avoid admitting you were right. 

08/24/2007 08:31 PM by Denver Real Estate, Highlands Ranch Real Estate, Steve Scheer (RE/MAX Masters, Inc.)


Hi Missy - what a gorgeous house! Just think...if they had listed with you in the first place they wouldn't have to be doing this again! I'm sure this one will sell quickly! It's a lot of house for the money.

08/24/2007 08:32 PM by Linda Scanlan (The Real Estate Referral Company)


BTW, THe show did play for me just fine.  Its a very nice home.

08/24/2007 08:33 PM by Denver Real Estate, Highlands Ranch Real Estate, Steve Scheer (RE/MAX Masters, Inc.)


Kay, thanks for stopping back, I think it is fine now.

Linda, it is a great house, and I am hoping it sells quickly. A really desirable neighborhood, with township taxed, Ann Arbor mailing and Saline schools.

Steve, thanks appreciate it.

08/24/2007 08:41 PM by Missy Caulk Ann Arbor Real Estate (Keller Williams Ann Arbor, Michigan)


Great story - I was just wondering if you think it has the same value in August as it did in May?  I know here I would have to dope another $20K in this price range - if you want to sell it here, it has to be the best home for the price point.

Now have a blessed day,

John Occhi, Hemet CA REALTOR
Mission Grove Realty

08/24/2007 09:19 PM by John Occhi Hemet CA Real Estate (Century 21 Crest - Crest REO)


Ann, you don't need luck. This is a great listing and you area doing a super job advertising it.  Hope you get an offer this weekend.

08/24/2007 09:24 PM by Sacramento Real Estate and Luxury Homes, Assoc. Real Estate Broker,Gena Riede (Remax Gold, Assoc Broker)


Missy - the sellers made a good decision (the second time)....better late than never.  May it sell quickly!

08/24/2007 09:41 PM by Rick & Ines - Miami Shores Real Estate (Coldwell Banker)


Missy, I am sure you will sell this one soon. Best of luck. Go get them.

08/24/2007 10:25 PM by Camarillo CA Real Estate Agent/ Mana Tulberg (Beach View Real Estate)


Missy-  nice job sticking to your guns, and being the competent professional who tells them the truth, instead of what they want to hear!

08/24/2007 10:34 PM by Chico CA Real Estate by Sandi Bauman, Chico CA Realtor (Chico Homes Real Estate)


Missy,

Someone is going to be very happy to buy this home.  Wonderful foyer and winding staircase.  I like the kitchen cabinets and hardwood floors.  The master bath is nice too.  Good luck with this listing - hope it sells quickly for your homeowners. 

08/24/2007 10:44 PM by Rita Taylor | Sanford NC Real Estate & Homes for Sale in Sanford North Carolina (ERA Ammons Realty in Sanford, NC)


Missy, congratulations on a beautiful home and the tour is great.  May you sell it quickly for you and the sellers. 

08/24/2007 10:55 PM by Lea Deo, Realtor-Shawnee, KS (Keller Williams Legacy)


When people understand the market, it makes our job so much easier!  Good job Missy!

08/24/2007 11:11 PM by Summit County, Colorado Realtor l Joanne Hanson (Coldwell Banker Colorado Rockies Real Estate)


Missy what a beautiful home. I would love to make dinner for my family in a nice large kitchen and then enjoy the night air in that wonderful yard.

08/25/2007 01:00 AM by Albuquerque Real Estate | Ashley Drake Gephart (Keller Williams Realty)


Great listing Missy and great business practices. I love being the second or third agent. That is when the house will sell! Some people need to have reality hit them in the head before they realize you are telling the truth about pricing. Good luck and let us know when you sell it. Katerina

08/25/2007 01:31 AM by Nestor & Katerina Gasset, Realtors® Wellington Florida Luxury Homes (International Properties and Investments, Inc.)


I would wish you luck, but with that show, a great price and you on the job it will happen - good for you

08/25/2007 01:43 AM by Central Oregon Real Estate | Thesa Chambers, Broker (RE/MAX Sunset Realty La Pine)


Missy, not only does this appear to be a great house (the view from the deck is equisite, it drew me "in" to the home) but it would also be a wonderful story to tell at a future listing presentation about the dangers of overpricing a home.  (Carrying costs for months, buyers viewing a vacant home, etc.)  Great job :-)

08/25/2007 05:02 AM by Kris Wales- Metro Detroit real estate agent-Chesterfield Twp-Macomb County MI (RE/MAX Advantage 1, Inc.)


Missy--It is so much better to walk away than tell the seller what they want to hear. Good luck with the new listing! :)

08/25/2007 07:38 AM by Teri Eckholm, Realtor® Anoka County MN (Keller Williams Premier Realty)


Same stuff happens here...but you have to be the third Realtor..not the second. I would rather pass if they are not realistic. Why should the sellers just suck us dry all the time? Maybe if they give us a real chance to sell it we would not be the ones losing all the money.

08/25/2007 08:12 AM by Neal Bloom-Realtor ® Assoc.-CRS-Weston FL (RE/MAX Premier Associates)


Missy - at our sales meeting last week our broker and the owner told us to ixnay on the overpriced listings. If the sellers insist on a high price, let them go elsewhere and let THAT agency list it to expire.  It really is a waste of OUR time, energy, and resources to market a home that WILL NOT SELL, and even if we tell the seller up front it won't sell at that price, the seller will still blame us.  We'd rather be the "go to" agency, like you...go to us when everyone else let your home expire.  

Great post, and good luck selling it! 

08/25/2007 09:15 AM by Lake Wallenpaupack Pike County PA Real Estate | Karen E Rice (WEICHERT, REALTORS® Paupack Group )


Missy: Way to hold your ground! What most sellers do not realize is that it is your personal money on the line to market thier home, not the compnay you represent. It is just as much of a risk for you as it is for them. Great post!

08/25/2007 10:23 AM by Tim Davis (Titan Home Loans)


Missy - Congratulations! There are many more success stories from being the second agent who tells the truth! Kudos to you for doing so! Good Luck selling this one, it is beautiful.

08/25/2007 10:44 AM by Indianapolis Real Estate | Paula Henry (ReMax Excel)


Missy,

What a beautiful Listing....can you move that home, and those trees here, then I will buy it :)

08/25/2007 10:48 AM by Kathy McGraw ~ Calif Broker (CELLing Realty)


Missy~it's working now!  What a GORGEOUS HOME...inside, outside, and the lot is just lovely!  I hope you get an offer soon and can call your clients with GREAT NEWS!! 

08/25/2007 10:55 AM by Real Estate Specialist | Brandon, FL | Susie Roscoe (Signature Realty Associates)


Missy,  Kudos on being honest-it pays off in the long run.  :)  Great show and I do wish you luck.  They have now chosen the best agent in Saline to represent them and get the job done.

08/25/2007 02:00 PM by Stephanie Edwards-Musa, Realtor ® The Woodlands, TX Real Estate (Prudential Gary Greene, Realtors ®)


Missy,

The tour worked fine for me.  What a sweet home.  The owners were smart to come back to you.

 

08/25/2007 03:32 PM by Fran Gatti - Crescent City CA Real Estate (RE/MAX Coastal Redwoods)


This has nothing to do with your blog - I just want to congratulate you on topping 80,000 points!  Wow!

08/25/2007 04:36 PM by Margaret Woda, Maryland REALTOR (RE/MAX VISION)


Awesome show Missy!!!  Good luck with it!  Looks like a great house

08/25/2007 08:50 PM by Chris Tesch College Station, Texas Real Estate (RE/MAX Bryan College Station)


I just went on a listing appointment in Oxford.  She found me on the internet and was impressed with my site and how I presented myself.  I saw that it was listed in 2004 for more than I knew it to be worth now.  She was a bit disappointed when I told her but her comments were - but thank you for being honest.  They don't have to sell but understand that they could get their money back when they become a buyer for their next home which I have been hearing a few sellers saying with the currrent market the say it is.  I don't know if I have the listing yet but it does reinforce the need to tell it like it is - anything else gives sellers false home and a lot of wasted time.  Congratualtions on the listing - it looks lovely

08/26/2007 10:40 AM by Cathy Tishhouse Royal Oak and Birmingham Real Estate (RE/MAX Showcase Homes)


Great home.  I have used the same type of virtual tour and buyers (and sellers) love it.

I worked for a brokerage when I first start in Real Estate where the focus was get listings - get listings.  The issue was that agents would let the buyer pick the price or - worse yet - tell them they could get a price that was really a stretch (in a good market).

My first listing of the year was one that I was agent #3.  Almost a year on the market.  Ugh.  I was only able to talk the seller down 7k; but sold it in under 60 days - not a record; but I'll take it and the seller was thrilled.

08/26/2007 09:01 PM by James Downing - REALTOR® - Washington DC Real Estate (Coldwell Banker Residential Brokerage)


Great news! Keep up the good work, maybe some will trinkle down to us all! lol

08/30/2007 08:17 AM by Rosemary Brooks -Mother & Daughter (866)-750-8282 (Family Realty Group - 866-750-8282)


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Real Estate Agent: Missy Caulk Ann Arbor Real Estate (Keller Williams Ann Arbor, Michigan)
Missy Caulk Ann Arbor Real Estate
Ann Arbor, MI
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Keller Williams Ann Arbor, Michigan

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A blog about real estate in Ann Arbor, Michigan and the surrounding area's of Saline, Dexter, Chelsea and Ypsilanti. Connect SF 2008 Blogarama - The Blog Directory View Missy Caulk's profile on LinkedIn

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