elk grove listing agent
Before I tell you about my hot new single story listing in Laguna Creek West, let me explain how I know this is a hot listing. One of the things I do is study the competition. The competition is defined as other similar homes for sale within a half mile radius of my subject property. By studying the photographs and listing data of nearby homes, I can generally accurately predict just about how long it will take to sell any given home in our Sacramento region.
As long as there are comparables. In many parts of our area, inventory remains tight and low, whereas demand seems to be constant. This means if you need to buy a home, you will probably have to pay list price and make a fast decision. However, making a fast decision is easy with this hot new listing in Laguna Creek West.
This Elk Grove ranch home is a darling home, painted a cheery yellow, and it features a red tile roof. How pretty! There is a fenced private courtyard to keep children and pets from running into the street. Although the street is a private cul-de-sac with very little cars except for 11 neighbors coming home from work. It’s located in Emerald Park subdivision, just southeast from the Elk Grove-Florin and Elk Grove Blvd. intersection. Not that far from the freeway, either, but far enough away you don’t hear the noise. It’s close to a lot of shopping and restaurants.
My whole team is excited to present this new listing in the Mirabela at Medeira subdivision built by Taylor Morrison in Elk Grove. It’s south of Elk Grove Blvd and West of Big Horn, close to several parks: Horseshoe Park and Constellation Park. This home is simply incredible. It’s the type of home that you wish the seller would leave all of her furniture, wall hangings and accessories, because it’s decorated so beautifully. The decor is modern, yet inviting with clean lines, soothing colors and all of the furnishings are so well coordinated.
All it takes is that one highest sale to close in Franklin Crossing and a new comparable sale comes into play, setting a new benchmark. This is not to construe that one comp an appraisal makes, because that’s not how it works, but it does have a major affect on other sales in the same subdivision. It becomes a measuring stick. I just closed yesterday a sale that went into escrow on June 27th. It was contingent but the buyer’s pervious home was only a week away to closing. Although the offer was contingent, it also made the offer all-cash after the exiting home closed. No financing. Which meant no appraisal.
Because I list and sell so many homes in the Elk Grove area, I get a lot of calls from appraisers asking about home pricing strategies and what happened during our offer negotiations. It’s a good thing I am organized. I keep all of my offers and notes on each in a separate spreadsheet just for reference. There is no way I can pull this stuff out of my memory. I’m lucky if I can recall the name of the street. The calls from appraisers generally center on how to substantiate the sales value without enough comps.