About 2 weeks ago I was referred to a person that wants to list their 2008 new home to move south to Miami. My short sale nerve was struck immediately but I hoped and prayed that maybe just maybe they put a boat load of money down on the house. It turns out, they didn't.
I'm a 2-stepper, so always preview the house before coming to any conclusion on listing price. Let's face it, any agent that is in the market frequently could price a house blind without using comps but It's more intelligent to have the proof so that when the appraisal gets cut you can prove your value. I explained to them my process and also that the tax card was blank so I had no idea what I was even going to see. I took some notes and some pictures and returned home to evaluate the property.
I found 6-7 qualify comps that were +/- $5000 as a whole. Rare is the time that i find this many comps so in my head I'm thinking this price is a no brainer. The house priced out at ~$180,000 without including any of their upgrades. At this point I didn't even need to go any further because it was destined for short sale. They owed 225,000 which is way beyond what I could get even with generous values for the upgrades. In order to begin negotiations I recommended a price of 169,900. If it's going to be a short sale we may as well get it moved.
I called and gave them the above information and a few days later followed up to see which broker they opted to use. They gracefully declined my services. Today I was in the area and figured I'd swing by and see who got the listing and at what price. I could have looked it up but hadn't thought to do it until I was driving by.
It's on the market at 239,900 conveniently what they owe plus commission. Have agents not learned their lesson by now? This is certainly a disservice to the client. There is no way it's going to sell for that price and even if it does go under agreement there is no way it will ever appraise. It makes me wonder what people are doing out there. It's not easy to give people the bad news, especially when the house is as beautiful as this house was, but I'll reiterate the point that the agent doesn't dictate the prices the market does.
Proof of value is the single most important element, more so than marketing, the agent, or anything else. A great agent always helps but a proper price will overcome a lot of potential obstacles.
Stop watching football for a few minutes and come take a look at 51 E. Stevens St. It's within one block of Gettysburg College and three blocks from downtown Gettysburg. Victorian style semi-detached and many original features still in tact. With some love and attention to detail it could be a real show piece or convert it into a profitable Gettysburg College investment property.
This home features 5 bedrooms, 1.5 baths, and 1800 sq ft of living space. One car garage on property and off street parking available. Come take a look for yourself on Sunday September 25th, 2011 from 1:00-3:00 PM.
If this house isn't the right house but you're interested in other Gettysburg Properties click "search homes" below complete access to all listings in the York/Adams MLS Service.
If you have additional questions don't hesitate to call.
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David E Monsour
Keller Williams Keystone Realty (717) 319 3408 david.monsour@gmail.com http://www.realty-insights.com       
Listed by: Keller Williams Keystone Realty |
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Overview Maps Photos Neighborhood |
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David E Monsour
Keller Williams Keystone Realty (717) 319 3408 david.monsour@gmail.com http://www.realty-insights.com
Listed by: Keller Williams Keystone Realty |
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The Gettysburg Keller Williams Keystone Realty team did some volunteer work this last Thursday at the Gettysburg National Cemetery. The National Cemetery recently hired a new staff member to help maintain the headstones along with some other duties. The head stones were not being regularly cleaned so we were a test group for some future volunteers. Our objective was to wet the stones down with mild cleaner, scrub, wait, and rinse with water. It was amazing how much more clean the head stones were after our treatment. The goal wasn't to make them bleach white on the first treatment but over time they should really start to shine.
We spent about 2.5 hours and cleaned about 150 head stones. We could have done more but we ran out of solution. It was a great event and was much appreciated by the people at the park service.
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Gettysburg Real Estate Expert. First time home buyer specialist. Innovative marketing techniques to position your home above the competition. Excellent Communication.
My name is David Monsour, I am a Realtor with Keller Williams Keystone Realty in Gettysburg, Pennsylvania. Gettysburg is a fantastic place to work and features a diverse housing selection. We have historic properties with loads of charater, some even have history embedded in their walls. We also have new and modern homes in beautiful rural developments. There are age specific developments with a primary focus on singe story living. If you're looking for a certain type of home from a golf course community to an in town location that is convenient to everything, we have it.
The rich history of Gettysburg and associated tourist industry has made Gettysburg the home to many fantastic shops and restaurants. There are shops that display local artistic talent, relic shops, and plenty of antiques stores with beautiful pieces with history as rich as Gettysburg itself.
I Graduated from Gettysburg College in 2005. I finshed with a major in Physics and minor in mathematics before realizing the real estate was my true calling. Most people have a hard time wrapping their head around what would make me choose real estate over a scientific career, but to me it was a no brainer.
While at Gettysburg College I was a member of the Bullet's soccer team. We were ranked as high as #3 in the country in 2003. Unfortunately our #3 ranking didn't result in a national championship. I wouldn't trade my time as a Bullet for anything. Playing a collegiate sport was extremely gratifying. I still play soccer today and coach a few local teams when I'm able.
When I'm not playing soccer I enjoy outdoor extreme sports. Nothing is more fun than a natural adrenaline rush whether it be riding or skiing down something that you probably shouldn't be.
I am also a National Association of Realtors GREEN Realtor. The global focus on GREEN has required Realtors to be aware of the available
GREEN options. GREEN building focuses on local environmentally materials, energy conservation, generation of electricity via wind and photovoltaic (solar) sources, geothermal, daylighting, and more. As a realtor my job is to make you aware of GREEN techologies that you can use to lower energy costs and help our environment.
If your considering going GREEN give me a call and we'll discuss some potential options.
Gettysburg, like most small towns, requires a diverse skill set when it comes to real estate. Success hinges on the ability to deal with any and all real estate transactions. I am comfortable with anything and will attack any new frontier with great intensity. That being said I am comfortable working with both buyers and sellers. I have experience in commercial and residential real estate and also enjoy the investing aspects of the industry. I like the challenges associated with making the numbers "work" and helping my clients to have the highest ROI (return on investment) as possible.
My wife and I recently purchased our first home with Dave as a realtor. Anyone who is thinking about buying a home, and is clueless, should definetely talk to Dave. He answered all of our questions in a very timely manner and never once made us feel like idiots for not knowing.
Thank you, thank you, thank you!! Wish you were my agent.
Dave was the agent for my first home-buying experience. He was always available for questions, and I could tell that he cared as much about getting me a good deal and putting pressure on the banks to keep the process moving, as I did. He is also a good listener, and he paid attention to what I was looking for in a house. His recommendations were very helpful and reflected my discussions with him.
I couldn't have been happier using Dave. He was a great help every step of the way and seemed to be available anytime I would call him. He took care of all the hard stuff and made it a very pleasurable experience. I certainly recommend him and will use him again!
Dave was extremely helpful to my husband and me during our first home-buying experience. The house we ended up buying was not even on our list to look at, but Dave suggested we take a look and it was just what we were looking for. Dave was very knowledgeable about the real estate market and how the process works and he answered all of our questions quickly. He helped us understand everything we needed to do. I would definitely recommend working with Dave to find the house you are looking for.
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