Selling a property doesn’t have to be painful – but some people obviously like it. It’s nearly impossible to leave money on the table, so price it right, time it right for the market, and your chances of getting the best price is more likely than over pricing it.
Case in point – this closed yesterday:
88 Conyers Farm Drive – Sold $7,400,000
Bouncing around from one agent to another, only to find it’s way back to the original agent, albeit a co-list, this property’s extremely long history didn’t serve it well. From an asking price of $19M in 2005 to a third of the price in 2017.
Built in the late 80’s, this 12,000SF faux chateau on 12+ acres, with loads of detail and decor, that was no doubt factored into the cost of removal and replacement.
Advice to sellers, buyers want to see what they’re buying, the architecture, not your enhancements: heavy drapery, columns featuring dead flowers and all that furniture obstructing the view through the hall.
Less is more