Is There a Market for Million-Dollar Plus Homes on Madeline Island? Like many second home and recreational markets around the country, we have our share of large, elegant, expensive homes on Madeline Island. Most people never gave a second thought to resale when they built these homes. Some
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11/21/2010
Google Places Search Queries for Real Estate on Madeline Island When you set up a Google Places account, you receive the added benefit of monthly "performance updates". These updates include data on searches (both impressions and actions), plus the top search queries used by people visiting
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11/21/2010
For at least the past seven months, our northwest Wisconsin real estate company, Madeline Island Realty, is the only real estate firm to show up on page one of a Google search for the search term "Madeline Island". The first entry for a real estate brokerage competitor in the same search came up
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11/21/2010
MADELINE ISLAND MARKET INFORMATION FOR LATE NOVEMBER 2010 Here is the current state of our Madeline Island real estate market as of November 21, 2010 (statistics for the past six-month period) : The average list price for all homes on Madeline Island is reported as $351,010. The average list pric
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11/20/2010
HERE'S WHAT HAPPENS WHEN YOU OVERPRICE YOUR MADELINE ISLAND HOME It's hard enough to sell a correctly-priced home in today's real estate market. Don't make things worse by hiring an agent who will tell you anything you want to hear, just to get another listing. Here's what happens when you overp
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11/19/2010
THE "HIRE A LOCAL AGENT" MYTH One of my competitors is fond of telling visitors to his office that his real estate office is "open year-round". He also tells customers that they should always "hire a local agent". Uh-huh. Last Friday, I was in Bayfield, Wisconsin for a closing and afterward I to
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11/17/2010
SELLERS, ARE YOU ABOUT TO MAKE A MEGA MISTAKE? CHOOSE YOUR LISTING AGENT CAREFULLY! The choice of a listing agent who can get the job done and sell your home can be one of the most important decisions you'll make. If someone has misled you to believe that all real estate agents are alike or equ
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11/17/2010
WHERE DO MADELINE ISLAND AND BAYFIELD BUYERS COME FROM? 2010 NATIONAL ASSOCIATION OF REALTORS® STATISTICS YOU SHOULD KNOW: - 89% of home buyers now begin their property search online. (Both of our most recent buyers found us on the Web and both contacted us after viewing our virtual tours onli
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11/15/2010
A TALE OF TWO SOLDS - TWO RECENT WATERFRONT PROPERTY SALES ON MADELINE ISLAND We needed "comps" (comparable property sales) in our Madeline Island real estate market and now we have them. Comparables make it possible for us to price our new listings appropriately and they also help area appraise
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11/13/2010
The mapping of roads and landmarks on Madeline Island definitely needs a facelift. Thanks to the few maps we DO have available, most tourist visitors to Madeline Island are at least familiar with our most-traveled roads, such as Big Bay Road, North and South Shore Roads, Middle Road, Hagen Road a
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11/13/2010
