Obviously someone likes randomly sized and placed windows on peachy brown vertical board. Or maybe they saw the potential in the property and inviting pool. In just 44 days, albeit 2 price drops, from $1,748,000 to $1,675,000 to the current list price, it has a deal
In other businesses that I have managed, my clients always appreciated having their expectations managed, therefore, I was always a proponent of giving information up front to save them time and limit disappointment.
With real estate, I see very successful listing agents who list properties with ambiguity or fantasy over plain old truth…not all realtors – some say it like it is….needs TLC etc…
Take this one:
Listing Agent Language: “Once part of the Dunellen Hall Estate – offered for the first time in 30 years”
Buyer Agent Language: Before the Queen of Mean aka Leona Helmsley owned the property historically known as Dunellen Hall, the equestrian parcel was part of the estate. Unique property translates to: unique buyer – exit strategy will be equally challenging.
NORTH OF THE MERRITT BETWEEN ROUND HILL AND LAKE
SHARED GOLDEN POND
Listing Agent Language: 8+ Pastoral Acres with Riparian Rights
Buyer Agent Language: Paying taxes on 8+ acres with 1/3 of it in the drink, that is also accessed by 6 of your neighbors
BUILT IN 1735 – RENOVATED IN 1998
Listing Agent Language: Colonial Home with gourmet kitchen. 4 Bedrooms
Buyer Agent Language: Really Old House – last renovated in 1998 – claims to have a gourmet kitchen, but the listing agent has chosen not to photograph it. 4 Bedrooms within 1654 SF
MORE MOSS THAN SHINGLE
Listing Agent Language: Equestrian Barn
Buyer Agent Language: Horse Barn the desperately needs a new roof
A more direct way to communicate this listing is to say it like it is. 8+ acres of country living. Unique horse property on Topping Lake with original barn, stable and country home.
For the nostalgic, restoration may be your path – and for the less sentimental buyer, FAR is XYZ – listing broker doesn’t mention what this may be, althouhg he has it listed for both residential and land….there are setbacks and obviously wetlands to consider, so too much homework that he should have done already….in my opinion.
It could be any number of reasons – buyers changed their minds or got relocated, house did not appraise for the loan needed…who knows? 15 Spring is a really cute house, and definitely where many people would like to live. With its proximity to everything that Riverside has to offer.
On and off with the same realtor for a very long time, it is finally with another today. Timing had lots to do with the history, and the first realtor was very successful with leases that carried the property to this point. It’s back with a slightly higher asking price than when it was last on the market in 2012 – so we’ll see…
48 WALSH LANE – LIST $5,990,000
Sellers bought this 6300+SF 5 bedroom house for $4M in 2008. Nothing exceptional, built in 2009. It’s a bit cookie cutter, in my opinion.
Obviously it’s time for the owners to move on and an opportunity for a buyer to get a great house, for $500K less than what the owners paid 10 years ago.6 en-suite bedrooms, and solid construction – albeit some of the decor could be changed to a fresher
It’s on 1.61 acres with a beautiful backyard/pool….
These are some of the less distracting photos…which will keep your focus on the house itself
18 PINECROFT RD – CLOSE TO TOWN – QUIET STREET
PICTURE THIS MASTER WITHOUT THE TUFTED OTTOMAN/RUG/DRAPES
In this transaction, the listing agent was the the selling agent for the owners. I admire their loyalty – but the market is what it is… They bought the property – beautiful Georgian – in 2005 a market high – for $8,175,000 and sold it this week for $6,550,000– a $1,625,000 difference…
In order to live in a similar home, they might have had to pay $30K/per month – $360,000/year – $3,240,000 0ver the 9 years that they lived there…another way to look at it in order to ease the pain.
