Sellers Want Higher Prices This Year - Will the Market Cooperate? It's that time of year again, and real estate agents and brokers are hearing from new clients who wish to list their home for sale. Along with that seasonal surge in newly-listed properties hitting the market, we're also findi
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04/27/2014
Reasons Why We Post our Pending and Sold Listings on our Blog I've noticed that we seem to be the only area real estate firm in Ashland and Bayfield Counties that routinely publishes our "Sale Pending" and "SOLD" properties. A few clients have asked us why we do this. We're proud of our re
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04/27/2014
This Listing Took Eight Years to Happen, but It Was Worth the Effort Some real estate listings may take less time to finally make it to market, but waiting to list a truly exceptional property is always worthwhile. We began discussions with the seller of this exceptional property back in 200
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04/23/2014
Ferries are Running Between Madeline Island and Bayfield, Wisconsin The Madeline Island Ferry Line has resumed its schedule between LaPointe, Wisconsin and the mainland. We're told that the first run of the ferry took place yesterday, with a trip by the motor vessel Island Queen across the t
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04/22/2014
483 Mondamin Trail, LaPointe WI - Listed by Madeline Island Realty This elegant home on the edge of the Madeline Island Golf Course has returned to the market, at an outstanding price. Highlights of this property include five bedrooms (including a delightful au pair suite on the garage level
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04/20/2014
Late Ice on Lake Superior Slowing the Start of our 2014 Tourist Season The late ice cover on many parts of Lake Superior is slowing the start of our tourist season. The ice road is gone now, and windsled travel is anything but easy. So the "shoulder season" between ice road and ferry transp
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04/20/2014
What is a Protected Buyer? The concept of a "protected buyer" is often misunderstood by real estate agents. When a listing expires, many states provide for the broker whose listing has expired to provide the seller (and a future listing agent of that property) with a list of "Protected Buye
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04/20/2014
Don't Expect Anyone to Rely on an Outdated Appraisal Every so often, a real estate client comes to me with an old, out-of-date appraisal. They point to that stale appraisal and say, "this will give you a good idea of what my house is worth". And some of the appraisals handed to me by client
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04/20/2014
April 2014 Real Estate Market Status Report - Madeline Island 2014 has gotten off to a brisk start in the Madeline Island real estate market, with four closed sales in the first three and one-half months of the year. This has unquestionably been our busiest winter since 2006, particularly in
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04/20/2014
How New Does a House Have to be in Order to Market it as "New"? I'm pretty sure that different Multiple Listing Services and State or local Realtor Associations have varying rules regarding what it takes to market a home for sale as "new". However, I'm not at all sure if agents are being sup
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04/20/2014