Wednesday, June 12, 2013

THE ADVANTAGE OF AN EXPERIENCED AGENT!

About 15 months ago, our agent Kathy Spencer had done a market analysis on this home at 1133 Burr Oak in Waukesha. The market analysis had shown that this home would sell between $175 and $185k. Seller was not happy with the very extensive and realistic market analysis that our experienced agent Kathy did and had other Realtors out. In what usually happens in these cases, another agent either suggests a higher price to get the listing or is not competent enough to perform a proper market analysis (usually the case, as most agents sell less than 5 homes a year!).

Needless to say, the seller put the home on the market with Ogden at $209,900 with this listing:
 
$209,900
1133 Burr Oak Blvd
Waukesha, WI 53189-7201
Expired / 1230775  
Property did not sell and subsequently listed the home with RE/MAX and even relisted with another RE/MAX agent and with different MLS numbers. Here are the additional listings:

$199,950
1133 BURR OAK BLVD
Waukesha, WI 53189-7201
Expired / 1266057 
 
$197,900
1133 Burr Oak Blvd
Waukesha, WI 53189-7201
Expired / 1274490  


$188,900
1133 BURR OAK Blvd
Waukesha, WI 53189-7201
Expired / 1276916  

$187,950
1133 BURR OAK Blvd
Waukesha, WI 53189-7201
Expired / 1292071 
Frustrated but wise, the seller called back and listed with Kathy just a couple of months ago. Kathy priced the home at$180k, staged the home properly and the home sold within a week on the market!


$179,900
1133 Burr Oak Blvd
Waukesha, WI 53189-7201
Sold / 1302546 
Furthermore, the seller saved close to $4,000 in commissions and had no administrative fees paid at the closing. The expertise of Homeowners Concept agents is invaluable. Our agents sell considerably more homes per year (3 to 4 times more) and have been in real estate for many more years that the average agent (17 years versus 6).