Another Braemar Townhouse Sold by Chris Ann Cleland

Another Braemar Townhouse Sold by Chris Ann Cleland

On September 26th, this piggyback townhouse located at 13036 Bathgate Way hit the market priced at $355,000.  As the competition around this listing seemed to be languishing on the market and dropping their prices below where we were hitting, I had to wonder if we would be languishing too.  Not at all.  It was a delightful surprise to have two buyers with competing offers within four days. Who would have guessed there were multiple buyers who wanted a property like this, priced above its competitors, based on what we saw hitting the market?

Great results start with choosing the best agent for the job.  For this seller, and many other Braemar sellers, that is me.  I know how to market the various styles of homes in the neighborhood because I am familiar with all of them.  I have been a resident of the neighborhood since 2005, and I have served most of those years on an HOA board.  My slogan, No One Knows Braemar Better, is most definitely true.

Not only do I know the neighborhood and how to position the listings I have against their competition, I know how to market them professionally to get my sellers the maximum attention from online buyers.  Professional photography is a must, but so is preparation prior to photos.  That’s where my marketing skills come in handy, helping my sellers edit their “stuff” so their homes show in the absolute best light.  Any agent can take your listing, snap some photos and throw you in the MLS.  Professional marketing gets the best results.  You don’t put a listing up with the phrase, “Immaculately kept” and have towels in bathrooms look as though they were thrown from across the room to land haphazardly on the towel rack.  Attention to detail is critical for a listing agent.

Getting under contract quickly, and in an unexpected multiple offer situation, my Bathgate seller got terms that favored her.  The next hurdle was getting the home to appraise for the list price the buyer was willing to pay.  Remember, our competitors were dropping their prices to get noticed.  That’s not a environment that is easy to deal with come appraisal time.  As is my business practice, I met the appraiser at the property with information on the home, what set it apart from its competition and comparable sales that we had based our list price on.  Low and behold, we were through appraisal with no issue.

The only speed bump this sale hit was in the processing of the buyer’s grant from VHDA.  Our settlement date was delayed from Halloween to November 5th (2019.)  There is no escaping government bureaucracy, but a great agent keeps their client informed every day as to what is happening….even if that is nothing.

When you are ready to sell your Braemar home, remember that success starts with your choice of agent.  Your decision should be based on results and how the agent’s previous listings have been marketed and sold. Of course, an agent who can get you the best results is not going to be cheapest, but they will make you the most money.   Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

 

Link

Braemar Carriage Home SOLD… Again

Four years ago, September 29, 2015 to be exact, I sold the Norwood model at 13174 Kirkmichael Terrace Though the buyers that ended up purchasing the home did come through my open house, they had an agent that they were working with.  Even if they had not a buyer’s agent, my business practice is to NEVER do dual agency, which is representing both sides of the transaction.

In June this year (2019,) I was pleasantly surprised to get a call from those buyers that became the owners of 13174 Kirkmichael Terrace.  They were interested in selling and wanted to hire me.  They had been impressed with my professionalism during their purchase.  Staying in touch with my Braemar Property Value Reports was helpful, but what sealed the deal for my being their future listing agent happened at the closing table during their purchase of the home in 2015.  They recounted to me that when they were twenty dollars short to purchase a home warranty, and had no checks or cash to make it up, I reached into my wallet and handed the attorney a twenty dollar bill.   I don’t recall this gesture, but they will never forget.

Fast forward to the current listing, which I was thrilled to get.  They had certainly improved the home with granite counters, stainless appliances and lots of smaller updates to lighting and fixtures.  We looked at the comps and listed on June 15th for $435,000.  Our price was on the upper end of the comparable sales, but I don’t back down from the chance to sell for as much as possible.  That is my job.

The first two offers on the home were not bad, but were far from fantastic.  Being a sellers market, the sellers felt there were better offers ahead, so they passed..  The third offer was the charm and only took two weeks to come in.  The buyer gave the sellers what they wanted in price and what they needed in terms of closing date.  After all, the sellers were also going to be buyers and needed time to find a home.

This Norwood model at 13174 Kirmichael Terrace sold (again) for $437,000 on August 9th, 2019.   

If you have been wondering what your Braemar home is worth in the current market, give me a call.  Getting the market max for your Braemar home is what I do best.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

Braemar Open House: Saturday, June 16th (2018,) 1pm-3pm at 9826 Earls Ferry Circle

Braemar Open House: Saturday, June 16th (2018,) 1pm-3pm at 9826 Earls Ferry Circle

Even though 9826 Earls Ferry was just listed on June 12th (2018,) we’ve already got an offer.  Our first showing turned into an offer.  But there is so much interest in the home the sellers have decided to level the playing field and give as many interested buyers a chance as they can.

Stop by 9826 Earls Ferry Circle between 1pm-3pm on Saturday, June 16th for a last chance look at this home.  Offers are due 8pm that night, so come prepared.  Have your mortgage pre-approval, or proof of funds, ready to go.  You don’t want to have your offer nullified because you didn’t take care of that mortgage piece until after you found the home you wanted.  A seller’s market is no time to dilly dally.

This is most certainly going to be your last chance to see this home, if you haven’t seen it by now.  Stop by on Saturday and be ready to make an offer if this is the home for you.  And if you don’t have an agent, but want representation, let me know.  I’ve got agents standing by to help you out.  In the meantime, here’s a link to the virtual tour for as much of a tour as you can while sitting all comfy on your sofa.

For questions about this or any Braemar home, feel free to give me a call at 703-402-0037.  Since 2005, No One Knows Braemar Better!

 

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

Braemar Townhouse Report: November-December 2017

Braemar Townhouse Report: November-December 2017

Probably the most concerning thing to a Braemar townhouse owner is trying to figure out who is the top Braemar real estate agent when it is time to sell.  A great place to start is finding one that knows the market, beyond cutting and pasting a market report that is so generic it applies as much to Sheffield Manor or Victory Lakes as much as it does to Braemar.  That’s certainly not my style.  Every two months, I’m here compiling the data for my Braemar Townhouse Report myself.  This particular report looks back to the sales activity to November and December.

For the purposes of this report, Braemar townhouses are not condos, patio homes or piggyback townhouses.  That means they are fee simple ownership, three level attached homes with back yards.  In other words, a traditional townhouse.

There were seven Braemar townhouses that sold in the last two months of 2017.  Their sold prices ranged from $277,128 to $354,900.  The details of each sale are listed below:

When we take these most recent Braemar townhouse sales and place them with our rolling six and twelve months values, what we find is the average sold price in the last six months is a little higher than that in the last twelve months.  However, the median sold price in the last six months is a little lower than that in the last twelve months.  A little high in one and a little low in the other is good indicator of stability in value.

Seller subsidy (closing cost assistance) is up in both the six month values compared to the twelve month values.  And marketing time (DOM) is up a bit in both the shorter term values compared to the longer term values.

If you were to place your Braemar townhouse on the market, priced to current conditions, you could expect it to be under contract in a little over a week or two.  You could also expect to pay about 1.5% of the sales price in closing cost help to the buyer.

The next Braemar Townhouse Report will be out in March.  Until, feel free to call this top Braemar Real Estate Agent when you are ready to sell. Since 2005, No One Knows Braemar Better! 

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com