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Bethesda Real Estate Sales ~ Josette Skilling

Do You Want to Negotiate or Buy a House?

(BETHESDA REAL ESTATE)

Bethesda Real EstateSome folks are just great negotiators. That's a good thing, right? We all want to get the best deal possible and feel like we won. Depending on the circumstances, you can negotiate yourself right out of a home with this strategy though. I know. I've been through it often enough lately...

Here's how the conversation goes:

Client: I am going to want to really negotiate for this and get the best deal.

Me: That's great. What area are you looking in and what kind of price range?

Client: I'd like something in new construction in Cabin John for under $950K

Me: You realize there are about 10 sales per year in that location and much of those are for new construction well over $1M? There is not that much property that fits your specific needs. This particular home is not likely to come up again anytime soon and it's under priced right now.

Client: But this is a depressed market and I want to get the very best deal possible. If we can offer $750K do you think they'll take it?

Me: :(

I wish I were making this up. The folks lost this house to another buyer who listened and made the right offer. Those buyers are now living in a beautiful newly constructed home that was a screamin' deal!

The national press would have everyone believe that all homes are in foreclosure, all sellers are desperate and you'll pay pennies on the dollar for a house. Now, I grant you that there are many opportunities for good buys out there. I've gotten them for my clients - even when I was shocked the seller would take the deal - but the reality is that when buyers start to narrowly define their wants they can find that there is really not that much inventory from which to choose.

As soon as that happens the shift in strategy needs to be taking place from wanna deal to wanna house! The goal is a home, not a contract writing exercise. If there are fifty properties that suit your needs, let's write! But if there is one home, you have more at stake and should be working towards a winning strategy not just trying to prove that you're a better negotiator.

He who has the house wins. Not the one who writes the most contracts...

Bethesda Real Estate >> Westmoreland Hills Market Statistics, December 2007

Bethesda MD Real Estate >> Single Family Homes Sold Through December 2007 - Montgomery County, 20816

Bethesda Real Estate

StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivision
SOLD1/31/2007$1,125,000$1,095,000$985,00088%$0755131 MASSACHUSETTS AVEWESTMORELAND HILLS
SOLD8/29/2007$1,090,000$1,090,000$1,090,000100%$0135114 DUVALL DRWESTMORELAND HILLS
SOLD3/30/2007$1,160,000$1,160,000$1,115,00096%$0164700 JAMESTOWN RDWESTMORELAND HILLS
SOLD11/14/2007$1,195,000$1,195,000$1,130,00095%$0205103 DUVALL DRWESTMORELAND HILLS
SOLD5/29/2007$1,199,000$1,150,000$1,137,00095%$0345213 PORTSMOUTH RDWESTMORELAND HILLS
SOLD12/17/2007$1,275,000$1,275,000$1,200,00094%$0125306 ELLIOTT RDWESTMORELAND HILLS
SOLD6/18/2007$1,075,000$1,075,000$1,205,000112%$054504 TOURNAY RDWESTMORELAND HILLS
SOLD1/11/2007$1,200,000$1,200,000$1,225,000102%$004412 CHALFONT PLWESTMORELAND HILLS
SOLD11/19/2007$1,495,000$1,295,000$1,260,00084%$0254303 TORCHLIGHT CIRWESTMORELAND HILLS
SOLD11/19/2007$1,299,995$1,299,995$1,275,00098%$0175212 FARRINGTON RDWESTMORELAND HILLS
SOLD1/4/2007$1,300,000$1,300,000$1,321,000102%$004423 BOXWOOD RDWESTMORELAND HILLS
SOLD6/15/2007$1,375,000$1,375,000$1,325,00096%$10,00084309 TORCHLIGHT CIRWESTMORELAND HILLS
SOLD11/12/2007$1,375,000$1,375,000$1,355,00099%$0154400 CHALFONT PLWESTMORELAND HILLS
SOLD9/13/2007$1,357,500$1,357,500$1,357,500100%$004414 CHALFONT PLWESTMORELAND HILLS
SOLD12/18/2007$1,450,000$1,450,000$1,400,00097%$2,500774502 BOXWOOD RDWESTMORELAND HILLS
SOLD5/2/2007$1,450,000$1,450,000$1,450,000100%$044414 CHALFONT PLWESTMORELAND HILLS
SOLD11/9/2007$1,725,000$1,725,000$1,600,00093%$2,500385323 CARVEL RDWESTMORELAND HILLS
SOLD5/31/2007$1,749,000$1,749,000$1,650,00094%$0155300 BOXWOOD CTWESTMORELAND HILLS
SOLD4/20/2007$1,975,000$1,875,000$1,775,00090%$02695305 BLACKISTONE RDWESTMORELAND HILLS
SOLD5/25/2007$1,995,000$1,995,000$1,825,00091%$01404521 WETHERILL RDWESTMORELAND HILLS
SOLD7/2/2007$1,995,000$1,995,000$1,995,000100%$074708 JAMESTOWN RDWESTMORELAND HILLS

There are 8 homes for sale in Westmoreland Hills:

  • A Colonial with 4 beds/3 full baths/ 2 half baths offered at $1.025.000 (reduced from $1,115,000)
  • A Colonial with 5 beds/3 full baths offered at $1,195,000 (reduced from $1,280,000)
  • A Colonial with 5 beds/3 full baths/2 half baths offered at $1,199,000 (reduced from $1,299,000)
  • A traditional style home with 3 beds/3 full baths/2 half baths offered at $1,350.000
  • A Colonial with 5 beds/4 full baths/ 1 half bath offered at $1,595,000
  • A Colonial with 5 beds/4 full baths/ 1 half bath offered at $1,645,000
  • A Colonial with 6 beds/3 full baths/2 half baths offered at $1,799,000 (reduced from $1,850,000)
  • A Colonial with 5 beds/6 full baths/1 half bath offered at $2,600,000

Two homes are under contract:

  • A Colonial with 4 beds/3 full baths offered at $1,200,000
  • A Colonial with 4 beds/4 full baths/ 1 half bath offered at $1,399,000

If you would like to see any of the active listings, just give me a call!

 

 

(1/16/08) Information Source: MRIS - Information is deemed reliable but not guaranteed.

For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real Estate

All data courtesy of:

Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)

Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, IncJosette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.

Bethesda Real Estate >> Greenacres Market Statistics, December 2007

Bethesda MD Real Estate >> Single Family Homes Sold Through December 2007 - Montgomery County, 20816

Bethesda Real Estate

StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivision
SOLD9/28/2007$599,500$599,500$580,00097%$0665208 VENTNOR RDGREENACRES
SOLD3/28/2007$610,000$610,000$610,000100%$005317 YORKTOWN RDGREENACRES
SOLD12/31/2007$769,000$769,000$769,000100%$3,66065314 YORKTOWN RDGREENACRES
SOLD8/22/2007$799,000$799,000$773,00097%$2,000355316 ALLANDALE RDGREENACRES
SOLD7/26/2007$1,098,000$965,000$945,00086%$10,000714911 REDFORD RDGREENACRES
SOLD8/15/2007$1,375,000$1,250,000$1,250,00091%$0335004 RIVER RDGREENACRES
SOLD6/29/2007$1,599,000$1,499,000$1,475,00092%$02575315 YORKTOWN RDGREENACRES

There is one active listing in Greenacres:

  • A 3 bed/1 full bath rambler is offered at $549,000, reduced from $599,000.

If you would like to see this home, please give me a call!

(1/16/08) Information Source: MRIS - Information is deemed reliable but not guaranteed.

For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real Estate

All data courtesy of:

Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)

Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.

Bethesda Real Estate >> Glen Mar Park Market Statistics, December 2007

Bethesda MD Real Estate >> Single Family Homes Sold Through December 2007 - Montgomery County, 20816

Bethesda Real Estate

StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivision
SOLD1/5/2007$650,000$650,000$625,00096%$055220 NAHANT STGLEN MAR PARK
SOLD6/6/2007$689,000$669,000$669,00097%$1,750425219 BELVOIR DRGLEN MAR PARK
SOLD10/17/2007$679,000$679,000$669,00099%$1,00075214 BELVOIR DRGLEN MAR PARK
SOLD12/28/2007$729,500$699,500$700,00096%$0245902 NAMAKAGAN RDGLEN MAR PARK
SOLD3/15/2007$749,900$749,900$699,00093%$5,0001145900 CARLTON LNGLEN MAR PARK
SOLD2/28/2007$849,000$799,000$789,00093%$3,500685804 AUGUSTA LNGLEN MAR PARK
SOLD6/15/2007$749,000$749,000$790,000105%$2,50075912 CARLTON LNGLEN MAR PARK
SOLD3/1/2007$864,900$864,900$873,000101%$50035205 AUGUSTA STGLEN MAR PARK
SOLD3/7/2007$850,000$850,000$873,000103%$1,79045307 AUGUSTA STGLEN MAR PARK
SOLD7/24/2007$905,000$905,000$905,000100%$005720 NAMAKAGAN RDGLEN MAR PARK
SOLD2/16/2007$1,599,000$1,299,000$1,250,00078%$25,0004205115 LAWTON DRGLEN MAR PARK
SOLD11/15/2007$1,739,500$1,739,500$1,685,00097%$0205905 CARLTON LNGLEN MAR PARK
SOLD4/27/2007$1,795,000$1,795,000$1,700,00095%$02915908 CARLTON LNGLEN MAR PARK
SOLD5/31/2007$1,825,000$1,769,500$1,750,00096%$01305218 BELVOIR DRGLEN MAR PARK
SOLD11/2/2007$1,850,000$1,795,000$1,775,00096%$0505220 NAHANT STGLEN MAR PARK

There are two active listings in Glen Mar Park:

  • A Colonial with 5 beds/3 full baths/1 half offered at $859,999 (reduced from $989,000!). It's an interesting layout but at the new price it's very much worth looking at!
  • A rebuilt Colonial with 7 beds/4 full baths/1 half offered at $1,695,000 and reduced from $1,845,000.

If you'd like to see either of these properties, just give me a call!

(1/16/08) Information Source: MRIS - Information is deemed reliable but not guaranteed.

For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real Estate

All data courtesy of:

Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)

Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.

Bethesda Real Estate >> Fairway Hills Market Statistics, December 2007

Bethesda MD Real Estate >> Single Family Homes Sold Through December 2007 - Montgomery County, 20816

Bethesda Real Estate

StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivision
SOLD12/14/2007$625,000$625,000$625,000100%$0166200 CRATHIE LNFAIRWAY HILLS
SOLD12/19/2007$749,000$699,000$699,00093%$0226210 VORLICH LNFAIRWAY HILLS
SOLD4/20/2007$799,900$799,900$780,00098%$0336204 DUNROBBIN DRFAIRWAY HILLS
SOLD3/7/2007$789,000$789,000$784,50099%$056206 VORLICH LNFAIRWAY HILLS
SOLD8/8/2007$785,000$785,000$785,000100%$096205 VORLICH LNFAIRWAY HILLS
SOLD6/13/2007$799,000$799,000$799,000100%$01586206 DUNROBBIN DRFAIRWAY HILLS

There are no active listings or under contracts at this time.

(1/16/08) Information Source: MRIS - Information is deemed reliable but not guaranteed.

For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real Estate

All data courtesy of:

Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)

Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.