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Kevin Vitali Tewksbury Real Estate- MA & NH

Andover MA Sold Statistics for December 2008

  Sold Market Statistics for Andover Massachusetts.  Only Single family properties are reflected in this report.

 

                                                                                               2008                   2007

Average List Price in Andover for December                            $ 613,824         $ 592,258

Median Selling Price in Andover for December                         $ 552,765         $ 522,500

Average Days on Market for Andover in December                       126                  99

Number of Properties Sold in Andover                                        17                   12

Listings currently on the Market = 79

Massachusetts Association of Realtors reports there has been a 9.2% drop in the median house price from 2007 to 2008 for the Northeast region.

 

This information was gathered from the Massachusetts MLS and does not reflect private sales.

Click Here to learn more about Andover and Andover Real Estate

Find more Andover Massachusetts Real Estate Statistics

Designated Agency... Is it right for the consumer?

Our state added the option of desigantated agency a few years ago. Let's face it, it really is a way to offer dual agency with less hassles. Either way the broker is in a dual agency situation. As a broker I have kept our office as a traditional office. I struggle with designated agency. Yes, its allowed by law, but is it right for the consumer.

I see designated agency offering many privacy issues among theoffice, even phone calls with clientscan contain information that no one else in the office should hear. Two sets of records are to be kept, one public and one private.

I have always had problems with dual agency also. I don't understand why a lawyer can't represent both parties but realtors can. My feeling is as an industry we are not servicing our clients properly by representing both sides of a transaction.

Just wondering what others feel about designated agency and if they see it being integrated smoothly and if I am the only one that feels this way.

Tewksbury MA Condominiums

Just created a new page on my website, highlighting all the Tewksbury Massachusetts Condiminium Projects.

Visit http://www.thehousewiz.com/Tewksbury_MA_Condominiums/page_2140957.html to learn more about the condo offerings in Tewksbury MA.

Tewksbury Condominiums range from the high $100k to Mid $400k.  Tewksbury is located between Routes 93 and 495 and located next to Wilmington which has two train stations to Boston.  Approx. 21 miles northenortwest of Boston it offers affordability with a good commute to Boston and major work centers throughout the greater Boston area.

 

 

Past year 75 units sold for a median price of $276,00 with an average days on market of 138 days

Sell your house this time around

Do you want your home to be...... Listed? or Sold?

Are you another home seller who's house went on the market and your listing expired? Don't feel alone. Today market statistics show that in Middlesex County, Massachusetts, There are approxitaly 6100 homes listed for sale in the Massachusetts MLS. In the past month approx. 1100 homes sold with about 950 homes expiring.

So basically, for almost every home sold there is one expiring and there is approx. 6 months inventory on the market. This doesn't take into account p

roperties that have relisted multiple times. Dont panic. I have written an eReport packed with information to get your home sold this time around. order it for FREE- Expired....Now What?

Owe more money that your house is worth? Need to sell? order Should I Short Sale My Home

Anatomy of a Listing

There are many aspects to selling a home in todays market.  One of the most important aspects is communication between the home seller and listing agent.  An agent must effectively communicate the current market place, buyer psychology and whats expected in the marketplace for you home to you.  The following listing was in Tewksbury MA and sold in 10 days for over asking price.  Why?

  1. The seller understood the market and took my price recommendation.
  2. The seller and I discussed repairs and preparation for the home that would show the property in the best light.
  3. The seller did everything asked of them and then some.
  4. It was a total collaboration between myself and the sellers.

I talk about the three Ps of selling a home, price, preparation and presentation.  In this case the homeowner did the first two perfectly, pricing their home and positioning it the marketplace and preparing their home so it was in 110% showing condition.

Now it is the agents job to present (market) the house properly to the home buying marketplace.

                                                               The MLS- Not all Agents are Created Equal

                                                                                       Not All Agents Created Equal

  • Strong Internet Presence in today's market is 50% of the marketing of a home.  The presence of this property starts with the property website below.    Again notice the quality and the information.  Enhanced mapping, Interactive floor plan, photographs, virtual tour and more...  I start with a sign rider of your home driving drive by traffic to the property website... www.YourPropertyAddress.com.  The property website is stand alone but is also linked to the MLS, Realtor.com and 100's of other sites.   This property site alone received 5160 hits in the 10 days it was on the market.  What does that mean?  Buyers are looking at it on line!!   

FACT: 82% of all home buyers start their home search on line before ever contacting a real estate agent.

                                                                                                                              

The internet is such an important part of marketing your home.  It should not be overlooked.  You need to find an internet savvy agent.  Following is an illustration of how your home might feed through the internet.

These are just some sites your listing should show up on and don't even cover major ones like Realtor.com and Zillow.

 

Following is a copy of my Master Marketing Plan.  We followed the plan to a T.  The marketplan and seller co-operation worked to sell this property in a short amount of time and for top dollar.

 

 

 

 

Kevin Vitali- Tewksbury MA Realtor Servicing: Massachusetts, Southern New Hampshire, Merrimack Valley, Boston North Shore, Boston Metro West including Andover Real Estate, Billerica Real Estate, Boxford Real Estate, Chelmsford Real Estate, Dracut Real Estate, Georgetown Real Estate, Groveland Real Estate, Haverhill Real Estate, Lawrence Real Estate, Lowell Real Estate, Merrimac Real Estate, North Andover Real Estate, Newbury Real Estate, Newburyport Real Estate, North Reading Real Estate, Rowley Real Estate, Tewksbury Real Estate, Tyngsboro Real Estate, Westford Real Estate, Wilmington Real Estate, West Newbury Real Estate.