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Home Of The Week Madison Alabama Rainbow Landing

By
Real Estate Agent with Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Huntsville AL

Home Of The Week Madison Alabama Rainbow Landing

Home Of The Week

107 Star Chase Lane, Madison Alabama, Rainbow Landing Subdivision

When I entered this Rainbow Landing home at 107 Star Chase Lane in Madison Alabama in Home Of The Weekour Boards weekly Caravan I thought it had a great chance of winning Home Of The Week in Madison.  Of Course, I didn't know what houses it would be compared to until the day of the Caravan, but still I felt it would place well, and it did!

The process of being selected Home Of The Week begins by placing a listing that you want in the Caravan on a waiting list and in this case the wait was three weeks.  Nine agents had entered a listing each to be judged by the other agents.  We all traveled in a group from home to home and scored each listing based on 5 categories;  price, exterior, interior, condition, sale-ability.   After touring each home all agents met back at the sponsors home to tally votes and announce the winner.  While it wasn't a landslide win over our nearest competitor, my clients listing did win by several points with a good margin separating the other homes on the caravan.

There are a few benefits of winning Home Of The Week;  The winning home will be featured in the Friday or Sunday edition of the local newspaper, the winning home gets a special sign in the yard featuring it as a Home Of The Week Winner, a special certificate stating the same for interior display when potential buyers tour the home, the home is also featured prominently on our Boards web page and of course I'll blog about my own listing winners.

Some agents consider winning the Home Of The Week a "Kiss of Death" for various reasons, I look at it as another way to expose your clients home and gain attention.  For "Sellers"; Caravan is another tool in your agents toolbox and for buyers; you might want to take a look at homes that local Realtors think are great deals!  However...and there's always a "however/but"...bottom line is that Realtors do not determine what necessarily a good buy or value is;  Buyers decide!

Content originally published at....http://nicktpappas.com/?p=2157

 

 

 

Nick T Pappas

Visit Your Huntsville Real Estate Resource

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Comments (11)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nick I like the idea of have a featured home.  We do a monthly house tour, but basically it is only for the purpose of view several home quickly, and to point out positives and negatives on each property.  Everyone also give their opinion on whether the property is priced correctly or not.  Adding this featured home component to our tour would be a really nice touch.

May 31, 2014 10:42 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Nick. I love the idea about the featured home and how great if that featured home would be one of your listings.

May 31, 2014 07:43 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Nick, I can't but think that that is a winning place to be. I hope you get lots of exposure and get this one sold.

May 31, 2014 10:53 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Congrats on having your listing selected as home of the week, Nick.

May 31, 2014 10:53 PM
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

I like the idea of having a featured "Home of the Week" as it draws attention to a home that many agents agree is a great deal in the area.  If the home is in the buyers price range and meets their needs they should pay attention to what the local professionals have to say.

Jun 01, 2014 03:49 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Nick-That "Home of the Week" designation reminded me of some athletes prefering to not show up on the cover of Sports Illustrated. Sometimes they view that exposure as leading later crashing and buring.

Jun 01, 2014 05:39 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Nick, what a clever idea to get extra exposure and of course motivation for more Realtors to participate in caravans. Happy Sellers..Happy Realtors!

Jun 01, 2014 06:01 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Nick...congrats on getting home of the week. We do something like your caravan, only we call it tour. We all carpool and check out the new listings. 

Jun 01, 2014 09:09 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Nick, I really like this idea and may suggest this to my Board and try it here.

Jun 01, 2014 12:56 PM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

I love this idea and the fact that is would spur on some friendly competition!

 

Jun 04, 2014 09:11 AM
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Sometimes these Caravans turn out to be a social gathering, but this one turned out well and was all business.

Jun 05, 2014 12:48 AM

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