Ann Arbor Undressed : 1258 Waterways in Ann Arbor, MI 48108

Ann Arbor ="25 miles surrounded by reality".....and a blog about it. ActiveRain.com

1258 Waterways in Ann Arbor, MI 48108

Today I listed this house in Saline, MI. The sellers had interviewed me last May and I didn't get the listing. Why ? Because I told them the truth. The house should be priced in the 470's. They chose a Realtor that listed it at 515,000. That was fine, they had only owned the home for 2 years and they were going to be losing 25,000 just on the list price with a full price offer and that is not going to happen in this market. They are a wonderful couple and I wished them the best of luck in the sale of their home.

So I got a call, two weeks ago, "Missy, please come and list our house."

Why, what happened ?

Well, when we got down to the price you told us we wanted to list with you. So, now they have moved to N.Y. and I had the house professionally cleaned and it went on the market today. It is a gorgeous home and setting. Saline Schools with an Ann Arbor mailing address. It is in a very beautiful subdivision.

This is the 3rd house that I have been the second Realtor in this year.  I sold the others in record time. I don't believe in inflating the price ever. Who does it help ? The sellers ? NO  Me the agent trying to market and sell a home I don't believe in at a higher price than the market justify's? NO

 Enjoy the show and wish me luck !!

Comments

What a great ending.  I can't get the tour to work.  Can you check it?
Posted by Kay Van Kampen–Springfield, Ozark, Nixa Greene County Missouri Real Estate Agent (RE/MAX Broker, RE/MAX Solutions) over 3 years ago
I love the story and how you were TRULY the 1st place Agent!!  I tried the tour too...no luck!  :-(
Posted by Real Estate Specialist | Brandon, FL | Susie Roscoe (Signature Realty Associates) over 3 years ago
I am having trouble too, waiting on support to get back to me.
Posted by Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor) over 3 years ago
I changed the music, maybe that is the problem.
Posted by Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor) over 3 years ago
Gorgeous house Missy.  Hope you sell it fast.  This price range is not selling as fast right now.  I'm pulling the price down too.  We just received another bank repo in this price range.
Posted by Kay Van Kampen–Springfield, Ozark, Nixa Greene County Missouri Real Estate Agent (RE/MAX Broker, RE/MAX Solutions) over 3 years ago
Don't you love it when they come back to you.  I think it must be pretty hard for some to admit they were wrong, so its quite nice of them to do that and call you back.  They could just call a third person and avoid admitting you were right. 
Posted by Steve Scheer - Highlands Ranch Real Estate - Denver Real Estate (Denver Realty Partners - Metro Brokers) over 3 years ago
Hi Missy - what a gorgeous house! Just think...if they had listed with you in the first place they wouldn't have to be doing this again! I'm sure this one will sell quickly! It's a lot of house for the money.
Posted by Linda Scanlan (A Fan of AR) over 3 years ago
BTW, THe show did play for me just fine.  Its a very nice home.
Posted by Steve Scheer - Highlands Ranch Real Estate - Denver Real Estate (Denver Realty Partners - Metro Brokers) over 3 years ago

Kay, thanks for stopping back, I think it is fine now.

Linda, it is a great house, and I am hoping it sells quickly. A really desirable neighborhood, with township taxed, Ann Arbor mailing and Saline schools.

Steve, thanks appreciate it.

Posted by Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor) over 3 years ago
Great story - I was just wondering if you think it has the same value in August as it did in May?  I know here I would have to dope another $20K in this price range - if you want to sell it here, it has to be the best home for the price point.

Now have a blessed day,

John Occhi, Hemet CA REALTOR
Mission Grove Realty
Posted by John Occhi, ePRO, Hemet-San Jacinto CA Real Estate, 951-443-6259 (Allison James Estate and Homes) over 3 years ago
Ann, you don't need luck. This is a great listing and you area doing a super job advertising it.  Hope you get an offer this weekend.
Posted by Gena Riede, Real Estate Broker Sacramento CA Real Estate (916) 417-2699 (Riede Real Estate, Lic. 01310792) over 3 years ago

Missy - the sellers made a good decision (the second time)....better late than never.  May it sell quickly!

Posted by Rick & Ines - Miami Beach Real Estate (Majestic Properties) over 3 years ago
Missy, I am sure you will sell this one soon. Best of luck. Go get them.
Posted by Camarillo CA Real Estate Agent/ Mana Tulberg (805 County Real Estate) over 3 years ago
Missy-  nice job sticking to your guns, and being the competent professional who tells them the truth, instead of what they want to hear!
Posted by Chico CA Real Estate by Sandi Bauman, Chico CA Realtor (Chico Homes Real Estate) over 3 years ago

Missy,

Someone is going to be very happy to buy this home.  Wonderful foyer and winding staircase.  I like the kitchen cabinets and hardwood floors.  The master bath is nice too.  Good luck with this listing - hope it sells quickly for your homeowners. 

Posted by Rita Taylor | Sanford NC Real Estate & Homes for Sale in Sanford North Carolina (Century 21 Southern Realty) over 3 years ago
Missy, congratulations on a beautiful home and the tour is great.  May you sell it quickly for you and the sellers. 
Posted by Lea Deo, Shawnee Ks Real Estate, Shawnee Mission Homes (Keller Williams Legacy) over 3 years ago
When people understand the market, it makes our job so much easier!  Good job Missy!
Posted by Summit County, Colorado Realtor l Joanne Hanson (Coldwell Banker Colorado Rockies Real Estate) over 3 years ago
Missy what a beautiful home. I would love to make dinner for my family in a nice large kitchen and then enjoy the night air in that wonderful yard.
Posted by Albuquerque Real Estate | Ashley Drake Gephart (Prudential Sandia Real Estate) over 3 years ago
Great listing Missy and great business practices. I love being the second or third agent. That is when the house will sell! Some people need to have reality hit them in the head before they realize you are telling the truth about pricing. Good luck and let us know when you sell it. Katerina
Posted by Nestor & Katerina Gasset Realtors® Wellington Florida Luxury Homes (International Properties and Investments, Inc.) over 3 years ago
I would wish you luck, but with that show, a great price and you on the job it will happen - good for you
Posted by Thesa Chambers, Principal Broker Licensed in Oregon, with (Prudential NW Properties Sunriver) over 3 years ago
Missy, not only does this appear to be a great house (the view from the deck is equisite, it drew me "in" to the home) but it would also be a wonderful story to tell at a future listing presentation about the dangers of overpricing a home.  (Carrying costs for months, buyers viewing a vacant home, etc.)  Great job :-)
Posted by Kris Wales - Macomb County MI real estate blog & homes for sale search site (Keller Williams Realty - Lakeside Market Center) over 3 years ago
Missy--It is so much better to walk away than tell the seller what they want to hear. Good luck with the new listing! :)
Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) over 3 years ago
Same stuff happens here...but you have to be the third Realtor..not the second. I would rather pass if they are not realistic. Why should the sellers just suck us dry all the time? Maybe if they give us a real chance to sell it we would not be the ones losing all the money.
Posted by Neal Bloom-Realtor ®CRS-Weston FL Real Estate (Keller Williams Properties,Weston Florida) over 3 years ago

Missy - at our sales meeting last week our broker and the owner told us to ixnay on the overpriced listings. If the sellers insist on a high price, let them go elsewhere and let THAT agency list it to expire.  It really is a waste of OUR time, energy, and resources to market a home that WILL NOT SELL, and even if we tell the seller up front it won't sell at that price, the seller will still blame us.  We'd rather be the "go to" agency, like you...go to us when everyone else let your home expire.  

Great post, and good luck selling it! 

Posted by Karen Rice | Lake Wallenpaupack | Pike & Wayne County, Northeast PA Homes (WEICHERT, REALTORS® Paupack Group ) over 3 years ago

Missy: Way to hold your ground! What most sellers do not realize is that it is your personal money on the line to market thier home, not the compnay you represent. It is just as much of a risk for you as it is for them. Great post!

Posted by Tim Davis (Titan Home Loans) over 3 years ago
Missy - Congratulations! There are many more success stories from being the second agent who tells the truth! Kudos to you for doing so! Good Luck selling this one, it is beautiful.
Posted by Indianapolis Real Estate | Paula Henry (Red Door Real Estate) over 3 years ago

Missy,

What a beautiful Listing....can you move that home, and those trees here, then I will buy it :)

Posted by Kathy McGraw, Riverside County CA Real Estate (CELLing Realty) over 3 years ago
Missy~it's working now!  What a GORGEOUS HOME...inside, outside, and the lot is just lovely!  I hope you get an offer soon and can call your clients with GREAT NEWS!! 
Posted by Real Estate Specialist | Brandon, FL | Susie Roscoe (Signature Realty Associates) over 3 years ago
Missy,  Kudos on being honest-it pays off in the long run.  :)  Great show and I do wish you luck.  They have now chosen the best agent in Saline to represent them and get the job done.
Posted by Stephanie Edwards-Musa, Realtor ® Spring/Woodlands, TX Real Estate (Prudential Gary Greene, Realtors ®) over 3 years ago

Missy,

The tour worked fine for me.  What a sweet home.  The owners were smart to come back to you.

 

Posted by Fran Gatti - Realtor®, CDPE®, RDCPro®, Crescent City CA Real Estate (RE/MAX Coastal Redwoods) over 3 years ago
This has nothing to do with your blog - I just want to congratulate you on topping 80,000 points!  Wow!
Posted by Margaret Woda, Maryland Real Estate & Military Relocation Services (Long & Foster Real Estate, Inc., Crofton, MD) over 3 years ago

Awesome show Missy!!!  Good luck with it!  Looks like a great house

Posted by Chris Tesch College Station, Texas Real Estate (RE/MAX Bryan College Station) over 3 years ago

I just went on a listing appointment in Oxford.  She found me on the internet and was impressed with my site and how I presented myself.  I saw that it was listed in 2004 for more than I knew it to be worth now.  She was a bit disappointed when I told her but her comments were - but thank you for being honest.  They don't have to sell but understand that they could get their money back when they become a buyer for their next home which I have been hearing a few sellers saying with the currrent market the say it is.  I don't know if I have the listing yet but it does reinforce the need to tell it like it is - anything else gives sellers false home and a lot of wasted time.  Congratualtions on the listing - it looks lovely

Posted by Cathy Tishhouse Royal Oak Real Estate (RE/MAX Showcase Homes) over 3 years ago

Great home.  I have used the same type of virtual tour and buyers (and sellers) love it.

I worked for a brokerage when I first start in Real Estate where the focus was get listings - get listings.  The issue was that agents would let the buyer pick the price or - worse yet - tell them they could get a price that was really a stretch (in a good market).

My first listing of the year was one that I was agent #3.  Almost a year on the market.  Ugh.  I was only able to talk the seller down 7k; but sold it in under 60 days - not a record; but I'll take it and the seller was thrilled.

Posted by James Downing - REALTOR®,GRI, ABR - DC Real Estate (Coldwell Banker Residential Brokerage) over 3 years ago
Hey James, 60 days sounds good to me.
Posted by Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor) over 3 years ago
Great news! Keep up the good work, maybe some will trinkle down to us all! lol
Posted by Rosemary Brooks -Mother & Daughter (866)-543-0461 (EMBARCADERO INVESTMENTS - 866-543-0461) over 3 years ago
Rosemary, thanks so much for stopping by.
Posted by Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor) over 3 years ago

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