You can still get a fantastic deal in this changing housing market.
Recently, I’ve been doing a series on standout success stories. There have been some fantastic wins in the past, but today’s example might be the best one yet.
4524 Peach Tree Ln was on the market back in January 2022, and I probably don’t have to remind you how good interest rates were back then. At a 3% rate, you would assume buyers were lining up to make offers on this property, right?
Unfortunately, that wasn’t the case. At $1.775 million, this house received some offers, but they were lower than the owners wanted. They decided to take their home off the market, reevaluate, and check back in a few months.
I followed up with them in July, and the owners were ready to try selling their home again. However, things had changed. Interest rates had gone up to 6%, and inventory had nearly doubled. The conditions weren’t as good as they were before, but I remained confident that they could receive a fantastic price. The condition, location, and quality of their home made me feel in my gut that with proper marketing, the owners could receive a record-breaking price.
We listed the property at $1.85 million and went to work with our comprehensive marketing plan. We took professional photos, created a 3D-tour experience, made a video series highlighting the lifestyle of the area, and created a comprehensive video tour.
Due to our efforts, we got 10 showings and three high-quality offers. In the end, we were able to negotiate a neighborhood-record price of $1.9 million.
If you are thinking of selling your home or know someone who is, give my team a text or shoot us an email. We’d love to help you get the best deal possible.
