
Monday, January 26, 2009
Good Morning & Happy Monday!
Ok- We think things may begin happening soon for the 2009 Rowayton market... We are starting to see a few things that indicate some positive activity.
Meggan wanted to show a listing today that came on the market last week on Cudlipp Street and it's already got an accepted offer- wow! That's good news...
We saw a great house on one of our favorite streets come on the market last week for $925k- Are you familiar with Dibble Street? It's super cute, quaint and quiet- and it's about a 5 min walk into town and less than 5 min walk to the train- perfect!
But if you are looking for an AMAZING deal and want to be in Rowayton, we are putting on a house this week for $649,000. It has 3 bedrooms, 2 full baths, 2 fireplaces, a 2 car garage & is updated very nicely. It's been so well maintained- the owner recently even put in extra insulation to make sure we were as efficient as possible and installed a CT Basement System so there would never be any worries with the basement and water (as you know can be an issue in Rowayton!) This house is truly "Move Right In." And one of the best parts? You can walk to the train- it's a short 5 min walk and there is also a cut-through path near the house that you can walk through to get to town- we'd say it's also about 5 minutes to get into the village center. This house has a great backyard and is really a steal- the homeowner decided that they are serious about selling, so it is priced to go quickly! Let us know if you or anyone you know might be able to take advantage of this opportunity!
All these things are pointing in a direction of a healthier real estate market for 2009- realistic prices, houses selling quickly, and amazing interest rates to keep it all going... Call us if there is anything else that you see and might have questions on!
Have a great week...
Ok- We think things may begin happening soon for the 2009 Rowayton market... We are starting to see a few things that indicate some positive activity.
Meggan wanted to show a listing today that came on the market last week on Cudlipp Street and it's already got an accepted offer- wow! That's good news...
We saw a great house on one of our favorite streets come on the market last week for $925k- Are you familiar with Dibble Street? It's super cute, quaint and quiet- and it's about a 5 min walk into town and less than 5 min walk to the train- perfect!
But if you are looking for an AMAZING deal and want to be in Rowayton, we are putting on a house this week for $649,000. It has 3 bedrooms, 2 full baths, 2 fireplaces, a 2 car garage & is updated very nicely. It's been so well maintained- the owner recently even put in extra insulation to make sure we were as efficient as possible and installed a CT Basement System so there would never be any worries with the basement and water (as you know can be an issue in Rowayton!) This house is truly "Move Right In." And one of the best parts? You can walk to the train- it's a short 5 min walk and there is also a cut-through path near the house that you can walk through to get to town- we'd say it's also about 5 minutes to get into the village center. This house has a great backyard and is really a steal- the homeowner decided that they are serious about selling, so it is priced to go quickly! Let us know if you or anyone you know might be able to take advantage of this opportunity!
All these things are pointing in a direction of a healthier real estate market for 2009- realistic prices, houses selling quickly, and amazing interest rates to keep it all going... Call us if there is anything else that you see and might have questions on!
Have a great week...
Monday, January 19, 2009
Ok.... So we've got more of the same of the beautiful white stuff coming down from the sky, which means some extra deterrent for showing properties...We're thinking that maybe we'll just share some negotiating techniques that we've learned. The man who provided us with these fantastic tips is John Hamilton. He is what we'd call a 'Master Negotiator' and we were lucky enough to hear him speak this past year as a treat. If you're interested in learning more about him, his website is www.jhseminars.com
So seeing as how we're in what we call a 'Buyer's Market,' we thought we'd just throw out this idea list from John Hamilton's negotiation tips. This one is for the sellers out there that might be thinking of putting their home on the market, but are not sure how to best price the home in such a challenging market...
13 Pricing Misconceptions
Beware the Loss of Objectivity! Home sellers are too prone to adopt costly misconceptions, such as…
1. Thinking buyers won’t notice the flaws and detriments of their house.
2. Believing what others tell them they can get for their house.
3. They’re entitled to get back every dime they’ve invested in maintaining the house.
4. They’re entitled to more money because they’re moving to a higher priced area.
5. Buyers will appreciate the every décor and decorating effort of the sellers.
6. Buyers will notice and appreciate how well the house if built and pay more for it.
7. Most neighborhood sellers sell at their list price.
8. Every price must have a ‘negotiating cushion’ well above its likely value..
9. If agents would simply promote the property more any price can be realized
10. Regardless of price, agents will show it.
11. Buyers will make offers regardless of the ask price.
12. If one waits long enough they’ll get their price.
13. Every seller is entitled to sell at a profit.
Sellers need to see their property through the eyes of the buyers.
So perhaps this may help some of you reading this that need to come up with a price...? If you are a buyer in today's market and would like some additional negotiating tips, just let us know!
In the meantime, enjoy the lovely snow & stay safe and warm!
So seeing as how we're in what we call a 'Buyer's Market,' we thought we'd just throw out this idea list from John Hamilton's negotiation tips. This one is for the sellers out there that might be thinking of putting their home on the market, but are not sure how to best price the home in such a challenging market...
13 Pricing Misconceptions
Beware the Loss of Objectivity! Home sellers are too prone to adopt costly misconceptions, such as…
1. Thinking buyers won’t notice the flaws and detriments of their house.
2. Believing what others tell them they can get for their house.
3. They’re entitled to get back every dime they’ve invested in maintaining the house.
4. They’re entitled to more money because they’re moving to a higher priced area.
5. Buyers will appreciate the every décor and decorating effort of the sellers.
6. Buyers will notice and appreciate how well the house if built and pay more for it.
7. Most neighborhood sellers sell at their list price.
8. Every price must have a ‘negotiating cushion’ well above its likely value..
9. If agents would simply promote the property more any price can be realized
10. Regardless of price, agents will show it.
11. Buyers will make offers regardless of the ask price.
12. If one waits long enough they’ll get their price.
13. Every seller is entitled to sell at a profit.
Sellers need to see their property through the eyes of the buyers.
So perhaps this may help some of you reading this that need to come up with a price...? If you are a buyer in today's market and would like some additional negotiating tips, just let us know!
In the meantime, enjoy the lovely snow & stay safe and warm!
Tuesday, January 13, 2009
Ok, so with a little snow & ice, our weekend activity might have been slowed...JUST a little... :)But, even with that thrown in there, we saw a little more activity trickle into the market this past weekend. A few agents reported increased traffic at their open houses, and also that some potentially viable buyers walked through the door! Even further than that, agents at the office over the weekend reported a few more phones ringing, which is always a good sign. January is always tough to predict, snowstorms being such a variable...
We do wonder if we will start to have an easier time finding the books & movies that we like to rent at the Rowayton Library, now that the Darien Library is open again... We are keeping our fingers crossed! :) You can check out what's available at: http://www.rowaytonlibrary.org/
As far as real estate goes for the remainder of the month, we expect it to continue a slow-but-steady pick-up in the activity... The buyers out there are finally seeing that taking advantage of these rates would be in their best interest in 2009, and sellers have an opportunity right now to 'trade-up' if they want to make a nice gain on the 'buy' side- so this could be a win-win for everyone if we all play our cards right...
In the meantime, we are working hard at the office- feel free to call us if you need anything or if you know anyone that can use our services! :)
We do wonder if we will start to have an easier time finding the books & movies that we like to rent at the Rowayton Library, now that the Darien Library is open again... We are keeping our fingers crossed! :) You can check out what's available at: http://www.rowaytonlibrary.org/
As far as real estate goes for the remainder of the month, we expect it to continue a slow-but-steady pick-up in the activity... The buyers out there are finally seeing that taking advantage of these rates would be in their best interest in 2009, and sellers have an opportunity right now to 'trade-up' if they want to make a nice gain on the 'buy' side- so this could be a win-win for everyone if we all play our cards right...
In the meantime, we are working hard at the office- feel free to call us if you need anything or if you know anyone that can use our services! :)
Monday, January 5, 2009
Happy '09 Everyone!!!!
Hi all! Well, we’re kicking off 2009 with a quiet start, but this is usually the case for the first week in January. It would be nice to follow our normal ‘Spring’ trends and pick up business activity come mid-month, but only time will tell… We all know that we are in a different market than we have been before, so let’s keep our fingers crossed that the mortgage rates help us start the new year off with a bang!
So no news yet, but stay tuned next week for more updates and perhaps a little more insight into what the rest of our winter is going to look like here in Rowayton!
We hope you and yours had a happy & healthy holiday season and we wish you the best of everything in 2009!
So no news yet, but stay tuned next week for more updates and perhaps a little more insight into what the rest of our winter is going to look like here in Rowayton!
We hope you and yours had a happy & healthy holiday season and we wish you the best of everything in 2009!
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