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Chris Ann Cleland Sets Another Record High Sales Price in Kingsbrooke!

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Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

Chris Ann Cleland Sets Another Record High Sales Price in Kingsbrooke!

8862 Moat Crossing sold for $350,000 after 5 Offers in 2 Days!!!

It seems like forever ago, but it was late January when I met the sellers of 8862 Moat Crossing in Bristow's community of Kingsbrooke.  They had taken note of a high sold price that my listing at 8843 Moat Crossing set in the spring of 2017.  When the postcard about the sale arrived, the saved it and called me when they were ready to talk about selling.

Living Room

More often than you may think, sellers hire me months before they are ready to list.  When I was hired by seller at 8862 Moat Crossing, the time line to list was to do so with a desired settlement date of June 11th in mind.  That was the first business day, after the last day of school.  Mrs. Seller ran a home run day care from the home and was not comfortable renting back.  She knew what her home owner's insurance covered and was not taking any chances running a daycare as a tenant of the next owner.  So, with careful planning we chose to hit the market on March 26th.  We figured that by the time this end unit townhouse hit the market, a two month settlement date would be no big deal.  After all, there was a shortage of townhomes for sale in Bristow and buyers were likely going to be willing to do anything to get one...especially one this well kept.  We were also hoping that, since the sellers would be out of town the week of March 26th, we could get an offer or two and be under contract before they returned a week later.  Boy, did we underestimate the demand for a Bristow townhouse.  We set a deadline for offers to be reviewed April 3rd.

 

Kitchen

Within twenty-four hours on the market this townhouse had more than ten showings and had two offers in hand before the sellers cried uncle.  They didn't want to wait a week to review offers.  They already had more than enough to make a decision, so we  moved up the offer deadline.  I don't need to tell you the grief I got about that. Nonetheless, all the agents that had shown the listing were notified about the change. One agent called me and said she would be unable to show the home until after our deadline, but her buyer was super interested.  I offered to show her buyer the home if she agreed to write up whatever his offer was and throw it on the pile.  Out of what ended up being five written offers, that offer ended up being our strongest.

The Bump Out, making this Sun Room possible, was my favorite.

It is bizarre how buyers in multiple offer situations think.  They offer below list price thinking they have a shot.  They offer list price on cash offers with no appraisal, when those are the buyers that should be offering above and waiving appraisal.  The list price on this Kingsbrooke townhouse was $335,000.  Our winning buyer offered $350,000 and asked for $10,000 in closing cost help.  It was tied with another offer for the net to seller, but the lender that accompanied the winning offer was amazing.  He had the loan approved, just needed a property to tie it to.  The second offer that tied this one had a lender that literally told me, "I haven't run a check on assets and income yet, but I'm sure this buyer will be fine."  That statement kicked that tied buyer out of the running.  Being approved is critical in multiple offer situations.

Master Bathroom

As intended, and as the majority of buyers wrote in the offers, we closed today for the agreed $350,000.  It's another record setting high sales price.  Highest since May of 2007 for a townhouse in Kingsbrooke.

If you have a townhouse in Kingsbrooke to sell, or the surrounding Bristow or Gainesville area, give me a call at 703-402-0037.  I am a proven record setting Bristow Listing Agent.  

 

Comments (9)

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Congrats Chris.  This is a trend that is going to keep going

Jun 11, 2018 03:33 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Congratulations Chris Ann.  I love the look of that flooring in the third picture.

Jun 11, 2018 04:20 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Chris,

A big congratulations to you.  I love that you took care of the agent's client who could not show it.  You are one CLASSY LADY!  A

Jun 11, 2018 04:33 PM
Chris Ann Cleland

Ron and Alexandra Seigel --Of course.  I pulled the rug out from under their plans when the offer review date was moved up.  And he ended up being the best offer.  

Jun 11, 2018 04:36 PM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Well done Chris Ann! Congrats to both your seller and to the buyer!

Jun 11, 2018 04:57 PM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Congratulations Chris Ann Cleland, wishing you continued success. 

Jun 11, 2018 05:42 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

How cool is that, Chris Ann? Congratulations! I did the same recently with two sales in a neighborhood here in the Charlotte area and now you've given me an idea on marketing that fact. Thanks!

Jun 12, 2018 03:30 AM
Chris Ann Cleland

Let's face it, no one else is going to toot our horns but us.  Get to it Nina Hollander .

Jun 12, 2018 07:05 PM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Chris Ann

I guess we need to start calling your Queen of Kingbrooke. Hail to the Queen and cheers cvc

Jun 12, 2018 10:04 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Chris Ann: O my gosh you have me smiling from ear to ear. You did a super job for your sellers, and you notified all those agents when the date changed to level the playing field and you gave everybody a fighting chance. This is how real estate is supposed to happen! What a fabulous shining example you are!

Jun 12, 2018 09:53 PM
Chris Ann Cleland

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents --I got so tired of hearing, "It's not fair," after I moved up the contract review date.  The sellers have a right to do whatever the hell they want to do.  It only takes one great offer to make a deal and they had two.  And Mrs. Seller was really getting tweaked with all the ring doorbell notifications and the inconsiderate people that were deciding to not take off their shoes, despite the request to do so. We all work in the best interests of our clients.  And sometimes those interests change.

Jun 13, 2018 08:23 AM
Robert Vegas Bob Swetz
Las Vegas, NV

WOW Chris Ann, great job my friend and "you go girl" 

Jun 23, 2018 09:35 PM
Chris Ann Cleland

Thank you Robert Vegas Bob Swetz .

Jun 24, 2018 09:45 AM