Hillsboro, WI

New Price, Reduced Price, or Just Reduced Price; how every you want to say it the price on this listed property just went down. That is good news for any buyers out there looking for this type of property. Every buyer wants to pay less. As a Realtor, I know that a Reduced price also helps renew interest in a listing that may have been suffering from too few showings. It is always a part of the job to continue monitoring and adjusting the price after listing, espeically if the home is not getting any offers. This particular home has had far to few showing. We now have a $10,000 reduction on this 22 acres farmette, now priced at $219,000.

From my experience, I would have to say one of the most difficult times in the listing process, for both the Sellers and the Realtor, is when it is obvious that the original price needs to come down. It can be a reality check; it sometimes is also very difficult to get concent and an agreement from the Seller.

Even so, I would say sellers do understand that pricing in a declining market is now one of the most difficult thing to do. It is smart to pre-plan for the "what if the price is not right". Timing is often everything, meaning the time between price reduction and the expiration date can be important for the business relationship. If the reduction comes to late, near the end of the listing agreement, there are few showings and not offers; a seller may be more reluctant to reduce. I am not often surprised when this happens that the Seller may starts to think maybe another agent is the better answer. It is not the the price. If the listing is lost, more often than not, the next agent usually benefits from the efforts of the first agents inability to get that price right.

My advise, talk with the Seller often about the price, discuss the facts such as your marketing and what efforts are being used to generate leads. Such as your advertisement, online presence, the photos of the property, locations of signage and if you are getting and giving feedback from other agents and the buyers. Even in a Buyers Market homes are selling, I do all I can, to make my listings stand out from the rest. Lastly, let the owner know, it is possible that when we sell this wonderful rural home, they will also be buying another home, and that one will cost less too!

Are you searching for homes to buy in Viroqua or Vernon County Wisconsin

call Mary Strang therteam.com RE/MAX Hill Country Realty 608-606-2999

About the author:

Mary Strang is the Broker-owner of RE/MAX Hill Country Realty located in Viroqua, WI. Home to Organic farming, a small rural city population of about 4000 and a great place to live! Copyright © 2009 by Mary Strang. All rights reserved... " Is it time to reduce your Price? " the blog post was written by Mary Strang is believed accurate but may not be guaranteed.

I had an interesting conversation this morning with my client who happens to be Amish. He had recently listed his Vernon County area farm and was moving out of state to Maine. With having a first showing and an interested buyer right out of the gate, it sounded very promising. Amish do not have telephones, they will use them but just don't believe in owning one. Many people ask why; it is not a necessity to own one so they just don't. So, as you would expect, it can be very madding not being able to quickly reach your client when selling their real estate. In these situation, the only way is by US mail, so I generally advise them to contact me at least once a week at a designated time by calling my 800 number. Unfortuanately. it now looks like the potential of a fast sale coming in, isn't now going to materialize. So with that now known our conversation just tuned to pleasantries and talk about the current state of the economy.

Even though the Amish generally keep to themselves, leading a somewhat removed lifestyle very different from what most of us think of as normal everyday life, my client was well aware that the real estate market is very slow in the larger world. We both joked about how if things really went completely south in the economy, maybe the rest of the world would have to adopt their ways. Learning to raise our own food, make our own clothes, and travel by horse and buggy... we joked. He told me yes... you could give up your cars and buy some horses... that would be very good for us because the horse market was really depressed right now. So it goes to show you, there really is a ripple that travels even deeper down to the people who live with way less. They too are feeling the effect of this slowed down economy in ways that most of us would never expect.

Just in case there are any-wanta-be-future farmers out there: here is a 23 Acres Amish farmette: Has a 3 bedroom ranch home which was moved in 3 years ago. Ranch home has a full cement block built-basement installed at the time the house was moved to the site. There is no electric, no indoor plumbing or septic system but does have an older well. The property has several small sheds and a second house, also moved in. The 40x60 workshop building is insulated and has a cement floor. There is a newer dairy barn that was also built 3 years old. The land is fully surveyed and mostly open organic pasture and organic crop land. Price is only $99,000

Are you searching for homes to buy in Viroqua or Vernon County Wisconsin

call Mary Strang therteam.com RE/MAX Hill Country Realty 608-637-3599

At the far eastern end of Vernon County is the location of the 3rd largest city in Vernon County, the City of Hillsboro. It has a history that dates back to 1850. The areas earliest industries were lumber, farming and cheese making. Most of the early residents were Czech and German immigrates and settled the area to find a better way of life. Today the population is around 1302 and it still primarily a farming community. The city takes pride in calling themselves the Czech capital of Wisconsin. Each second weekend in June, Hillsboro hosts a festival, Chesky Den, to celebrate their heritage. It is held at the Hillsboro Fireman's Park. If you want to experience a fun time I recommend a trip over there for an enjoyable experience. You will see happy people having a happy bouncing time. The festival features polka music and dancing, a craft and flea market, carnival rides and lots of great Czech food served up buffet style in the Fireman's Park pavilions.

Besides the Czechs in the Hillsboro area, there is also an Amish settlement with an approximate 650 members or about 95 households. Many of these Amish farmers operate small to medium sized family dairy farms with anywhere from 10 to 49 cow. Along highway 82 heading into Hillsboro, it's a common site to see a one horse-powered buggy heading into town at a clip clop rate of 5-10 miles per hour.

Another note worthy tourist attractions in the Hillsboro area is the location of a 7-mile bike trail and snowmobile trail. This trail links up to the Elroy Sparta Trail along an abandoned old rail line. It follows the West Branch of the Baraboo River, and crosses several wooden bridges along its scenic route

Are you searching for homes to buy in Hillsboro or Vernon County Wisconsin call Mary Strang at therteam.com RE/MAX Hill Country Realty 608-637-3599