Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
The past few weeks have been busy. More multiple offer deals. So far this year I’ve sold 13 houses. Of those transactions, 9 of them have been multiple offer situations. In some cases I represented the sellers. In others, the buyers. The houses have been priced anywhere from the mid-$200Ks to the mid-$500Ks. Whenever I let my buyer clients know that another offer has been submitted on the property that they’re interested in, the first
More numbers today. We’re through April, so it’s time to look back and see how the market fared last month compared to the same timeframe in 2008. All data comes from the CT Multiple Listing Service, is for single family homes only, and is deemed reliable, but not guaranteed. My observations… 1. Just like January and February, there were so few transactions in some of the towns that this data is not very statistically relevant,
People always ask me “How’s the market doing? Is it really as terrible as the media makes it out to be?” My response is typically “it depends…” Different price points are reacting differently in this market. Different towns are reacting differently in this market. Today, let’s take a look at it from the price point view, from one town. As you know, I like to look at West Hartford because it is a very active
A few weeks ago I went to an indescript little office building in West Hartford Center really early in the morning. My task was to sit in front of a computer for up to 3 hours and pass 2 multiple choice tests. The room was about 90 degrees so that sped me along a little bit. Forty seven minutes later I received the good news from the glowing screen “Congratulations. You have PASSED the Connecticut
I reviewed my files this weekend and I’ve represented clients in 7 multiple offer situations this year, 2 assisting sellers and 5 assisting buyers. That’s quite a few for what is supposed to be a “slow” year. The one common thread for all of these properties was that they were well priced. Some of them were priced well right out of the gate. Some of them got to the eventual right price via price reductions.