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403 Letitia Dr Franklin TN 37067 SOLD in Villages of Clovercroft

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

403 Letitia Dr, Franklin TN 37067 SOLD!

in Villages of Clovercroft

403 Letitia Dr Franklin TN 37067 SOLD in Villages of Clovercroft


When Franklin Homes Realty LLC listed 403 Letitia Dr, Franklin TN 37067 back in August, there weren't any homes on the market in the Villages of Clovercroft neighborhood. The sellers had made some wonderful additions to this home including landscape lighting, brick paver patio with gas powered fire pit and a Koi pond. The interior had so many upgrades, we knew it was going to be hard to compete with homes in the neighborhood of a similar size that might be priced better but had fewer amenties.

We took advantage of this lull in inventory and priced the home more in line with the new construction of Amelia Park about a mile down the road. Not surprisingly, neighbors saw this as an opportunity to enter the market at a higher price as well.

Within a few weeks, we saw three additional homes come on the market priced very close to our listing at $499,900; two with much more square footage. We knew we had the best bang for our buck because of the many upgrades. The challenge was convincing buyers our home was worth the price.

The sellers heeded our advice and patiently waited for the right buyer to come along. While we set about marketing their property to out-of-town buyers. That patience paid off and we closed their home on 10/29 for $488,000. The other homes that were priced similarly closed at $470,000 and $479,000. The best part--it was a cash purchase with the appraisal waived.

Franklin Homes Realty LLC can help you achieve these same results. Our marketing was geared to buyers inside and outside our local market. This approach attracted a buyer from Virginia with higher home prices who saw the exceptional value of our listing. Now both the buyers and the sellers are happy to be in their new homes.

Learn how we can market your home to a global market by calling Franklin Homes Realty LLC  at (615) 495-0752.

403 Letitia Dr, Franklin TN 37067 SOLD! in Villages of Clovercroft

Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tammie White is subject to copyright infringement and possible lawsuit.

Comments(2)

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Tammie - Congratulations on your sale. I'm sure your clients were thrilled that your very smart listing strategy got them excellent results.

Nov 07, 2015 06:32 AM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Tammie...congratulations on your recent sale and thanks for sharing with us in AR Land.

Nov 07, 2015 07:29 AM