Another Braemar Patio Home Sold by Chris Ann Cleland
In early July, I met with the owner of 12849 Rannoch Forest about placing his Braemar patio home on the market. Initially, the comparable sales were pointing to a list price of $350,000. However, after seeing a patio home hit the market on July 12th for $364,999 with one less bedroom and full bathroom, my seller and I re-evaluated his list price prior to hitting the market on July 20th. We decided that, while the finishes in the competitor for $364,999 were a little higher end, having the fourth bedroom and third full bathroom on the main level, it would be fair to price at $360,000.
Needless to say, on July 31st, after having many interested buyers through, one finally put pen to paper and wrote an offer. A full price offer with closing cost help, but closing cost help was par for the course, according to the comps.
After an uneventful home inspection and appraisal, the home was on the rails to settle on September 13th. It closed today for $360,000. Meanwhile, our competitor at $364,999 is STILL on the market, but under a new MLS number and with an INCREASED list price of $369,900. My listing took 11 days to go under contract. The competitor is logging 59 days of marketing time as of today. What kind of results do you want when it’s time to sell?
When you are ready to sell your Braemar Patio home, or any Braemar home, give me a call. I won’t let you leave a penny on the table and won’t let you overprice your home so you linger in a seller’s market. I’ll bring all of my marketing skills and contract negotiation skills to get your deal done and for top dollar. Since 2005, No One Knows Braemar Better!
Associate Broker-Licensed in VA
Long & Foster Real Estate