Special offer

Price wars! They can still happen

By
Real Estate Agent with The Stark Company Realtors, Madison WI 53123-94

209 Bordner dr, madison wi

This house has lovley extensive perennial gardens and cedar siding and is adjacent to a park. A lovely living room with windows overseeing the neighborhood. Quirky but charming

And many challenges!

50 years of heavy smoking (lots done to re-mediate but smell still present), small bedrooms and one altered by adding a darkroom which cut the bedroom in half.

No definable dining and very tiny eat in space allowing two small chairs. No garage.

Second bathroom in a little room adjavecent to the furnace with a removed metal shower stall skeleton. It looks rather like an afterthought in a factory.

Only really appropriate for 2 or 3 people at the most. Very little storage.

Gardens require lots of maintenance.

In spite of it all, I received 3 above listing price offers within a week.  How did that happen?  Mostly excellent pricing and a very realistic seller. It was very well staged and advertised immediately in the local papers, personal mailings and extensive Internet presence before the first well attended open house.  In this odd marketplace, good pricing is a must. This was also a in first time home buyer category. Unfortunately, it is all the more challenging with higher end properties. I am not addressing those in this post.

I just took a survey of homes in the greater Madison area and over 200 which were listed June 1, 2010 and beyond in the price range of $300,000 or below, had offers or had closed. There is a margin of error with re-listed homes here, but the percentage of obvious short sales was small.

If you are considering selling you home, call text or email me and we can chat abut your goals and your dreams.   MadisonWIRealEsate@gmail.com

 

 

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Turn Your Dreams Into Reality. Let's Chat. ©

 Barbara Chatterton's signature   

Greater Madison Wisconsin Real Estate

The Stark Company 

702 N High Point Rd, Suite 100

Madison Wisconsin 53717

Call or text 608.239.2777 

 

 

 

Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Barbara, I was wondering how this story leads to, I was like, Barbara, you are telling all the negatives of this property, don't you want t a buyer?  And then, there it is, a multiple offer listing.  It is so important that seller is working with their agent and take our advice about pricing, and some of them wonder why their house is still on the market..........

Aug 01, 2010 12:14 PM
Barbara Chatterton
The Stark Company Realtors, Madison WI - Madison, WI
Greater Madison Wisconsin Area Realtor

You are so right, Rita.  She was a dream seller with a challenging house. She listened.  That's all we ask!  It does not happen often enough, does it?

Aug 02, 2010 01:11 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

You are so right about pricing, Barbara!  In most cases it trumps ALL!  Congrats on the multiple offers and I hope the closing goes off without a hitch!

Wake Forest NC House Chick

Aug 02, 2010 01:21 AM
Sheldon Neal
Bergen County, NJ - RE/MAX Real Estate Limited - Maywood, NJ
That British Agent Bergen County NJ

Very nice ! Congrats on the multiple offers, and good luck for a smooth transaction :o)

Cheers !

Aug 02, 2010 03:35 AM
Barbara Chatterton
The Stark Company Realtors, Madison WI - Madison, WI
Greater Madison Wisconsin Area Realtor

Thanks so much, Leesa and Sheldon!!!

Aug 02, 2010 03:48 AM