Gregory P. Schenk, SIOR, broker-owner of the Columbus, Ohio-based Schenk Company Inc., an exclusive tenant representative brokerage and commercial real estate advisory firm, had a big job on his hands. In November 2007 he agreed to list a commercial office building that had three stories, no elevator, a 19 percent vacancy rate, and numerous properties for sale within a 2-mile radius.
Rita Alonso says the house looked like a pink Kleenex box from the outside and lawn was home to about a dozen goats. But the goats were not the real problem. The owner’s sentimental attachment to the house posed the biggest challenge to a successful sale.
The local housing market wasn’t exactly booming in August 2007 when Jennifer Lyng Watson, e-PRO, a sales associate with Sherman & Boone Real Estate in Watsonville, Calif., listed a one-bedroom mountain-top home with her mother, Marion LL Lyng.
The husband-and-wife duo of broker associate Malte Strauss and sales practitioner Helene Bonello-Strauss of Southern Realty Enterprises Inc., Longwood, Fla., got their shot at selling a Longwood charmer in September 2007.
Located in a popular neighborhood, this Cape Cod showcase home was filled with upgrades and a true standout among competing properties in every respect — except for the all-terrain vehicle (ATV) paths that ran perpendicular to the house and the gigantic power lines and metal towers that stretched for miles in either direction of the home.
The market had been declining in the Seaside, Calif., area for about a year when Patty Ross, a sales associate with Keller Williams Realty in Carmel, Calif., received this listing in December 2006. The seller had originally purchased the house as an investment. It had been a rental for some time, so it was in need of a lot of TLC.
Katie Redhead, CRS®, GRI, a salesperson with Yost & Little Realty Inc. in Greensboro, N.C., talks about a lavish listing that came to her way, thanks to a reputation she’s built up through years of networking.
In this REALTOR® Magazine Online exclusive series, Colorado broker Jeff Ordonez talks with practitioners who sold the highest-priced property in their MLS in a given month. This month, Tere Foster, CRS®, GRI, with Windermere Bellevue West in Bellevue, Wash., tells Ordonez about a $7.6 million sale — and the business lessons she learned from her father, a Russian immigrant.
In this REALTOR®Magazine Online exclusive series, Colorado broker Jeff Ordonez talks with practitioners who sold the highest-priced property in their MLS in a given month. This month, Ordonez talks with St. Louis salesperson Mary Desloge, an associate with Janet McAfee Inc., who closed on a $3.2 million listing in May.
Isabel Reynolds, GRI, associate broker with Prudential Gardner, REALTORS®, in New Orleans closed $39 million in sales in 2005; 90 percent of her business was in luxury condos. She talks with Jeff Ordonez about her big sale in March, her most successful business strategies, and how the market is faring since Hurricane Katrina.
This house, built into the side of a craggy mountain about 12 years ago, is 3,700 square feet; has four bedrooms, a two-car garage, and a half-mile driveway; and boasts a "1,000-year-old roof." Here's how it got sold.
The circular home--approximately 5,000 square feet--has been described by visitors as a flying saucer or the Jetsons' pad. It sits on 5 acres and sports an indoor pool, a man-made lake, a dog run, and a hot tub. Here's how it was sold.
If buyers want an unusual property, they have to be open-minded enough to look beyond some layout oddities. Fortunately, the buyers of this 200-year-old, 22-foot-diameter silo in Haddom weren't daunted by its closetless ''bedroom'' (a small room on the third floor), round bathroom and kitchen, and 22-inch-wide circular staircase.
If you drive by this property, you'd probably miss it, unless you're in the market for vacant land. That's because the property's lawn is actually its roof. With its thick cement walls and ceiling, this underground home, built by a structural engineer in 1978, could as easily have been a parking garage or a bomb shelter as a four-bedroom home.