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You are here: Home / Archives for Real Estate / Falmouth

Seller Blip, Agent Blap (Part 2)

February 5, 2017 by Nadine

But here’s the “blap”. The scarcity of listings is causing a few agents to engage in unprofessional behavior that is both against the Realtor code of ethics and offensive to sellers. It not only reflects poorly on the profession, but reinforces ugly stereotypes that have little basis in reality. And it’s embarrassing for the rest of us who uphold the highest ethical behavior.

Just this week, one seller whose home is under agreement was called on his cell phone from an agent (in Salem, NH of all places). The seller was offended. In another instance, an agent informed a buyer he’d never even met that he would be entitled to half the commission when informed that the buyer had an accepted offer – because the agent had given the buyer contact information for the listing agent when asked. Outrageous!

Creating and maintaining a viable real estate practice for the long-term is about one thing only: doing the right thing always, so that a positive and trusting relationship is the basis for a successful transaction and often, a valued and enjoyable friendship.

On that note, on Saturday a new buyer said one of the nicest things any client has ever said to me. As she was leaving the house she and her husband later made an offer on, she thanked me, and said, “I feel safe with you.”

I’m humbled and honored, and it’s why every day is a new day in my world, and each client is my one and only. Thank you to all who allowed me to guide you through this wild and often stressful process of buying or selling a home, and to those who generously refer prospects. You rock!

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Seller Blip, Agent Blap (Part 1)

February 4, 2017 by Nadine

Hi again! We had a bit of snow this week, but nothing that slowed the hot market we’re experiencing at the moment.

It’s that time of year when we have our annual upswing in sales, what I’m calling the “seller blip”. It’s the best time of year by far for sellers, and this year it’s even better, since inventory of homes for sale in December was down by a whopping 44% from December of 2015! (Click here to see the Local Market Update.)

And pending sales for single-family homes were up by 109.1%, a really stunning number. My last three sales were new listings for me, but homes that had been listed for 18-24 months with two other agents, with no offers. All quick sales for me, the one last week just two days.

The condo market is equally strong, with pending sales up 120%, closed sales up 166%, and inventory of homes for sale down by 42.9% over the prior December. The takeaway? It’s a great time to sell! (I welcome all leads for listings.)

 

Filed Under: Falmouth, Falmouth Colors, Falmouth Community, Falmouth Fine Properties, Market Trends, Photography, Real Estate Tagged With: Cape Cod in winter, Cape Cod real estate, Falmouth Colors, Falmouth Fine Properties, Falmouth homes for sale, Falmouth MA homes for sale, Falmouth MA property for sale, Falmouth MA real estate, Falmouth MA realtor, Falmouth MA realtor Nadine Krasnow, Falmouth real estate, Falmouth realtor, Falmouth realtor Nadine Krasnow, homes for sale Falmouth MA, Local Market Update Falmouth, Nadine Krasnow photographer, Nadine Krasnow Realtor, real estate Falmouth MA

Real Estate Chocolate in a Sea of Vanilla

December 20, 2016 by Nadine

#21609654
19 Racing Beach Avenue, Falmouth
$1,600,000

THIS is the proverbial real estate chocolate in a sea of vanilla (although truth be told, I prefer vanilla to chocolate, so there goes the snappy cliche)! This listing is a dream, and actually fairly priced, considering it includes a buildable lot, which is probably worth at least $500,000. Both the home and the lot have water views.

The house is dated, and has low ceilings, which you can’t really do much about unless you just blow the house apart and start over. But I would work with what’s there, and capitalize on the vintage charm. I think it could be enchanting! With a first floor owners’ suite, and 5 more bedrooms upstairs (and 3 bathrooms), the space is nicely arranged. There’s a separate garage, with space above that as well.

And then there’s that buildable lot…a rare, rare opportunity. If I had the money – or a partner with the money – this would be an outstanding opportunity to build a fabulous home in a gorgeous setting, and to finance most of it with the “flip” after doing some limited work to the existing house and then selling it. The immediate $$ upside would be most unusual. The new house, probably costing $1,000,000 – $1,500,000 (including land), would be immediately worth $2,500,000 – $3,000,000. That’s a profit of at least a million dollars. I don’t know where else that kind of return is available.

Filed Under: Falmouth, Falmouth Colors, Falmouth Community, Falmouth Fine Properties, Real Estate Tagged With: 19 Racing Beach Ave Falmouth, 19 Racing Beach Avenue Falmouth, Cape Cod in winter, Cape Cod real estate, Falmouth Colors, Falmouth Fine Properties, Falmouth homes for sale, Falmouth MA homes for sale, Falmouth MA properties for sale, Falmouth MA property for sale, Falmouth MA real estate, Falmouth MA realtor, Falmouth MA realtor Nadine Krasnow, Falmouth real estate, Falmouth realtor Nadine Krasnow, homes for sale Falmouth MA, homes for sale in Falmouth MA, houses in Falmouth MA, Nadine Krasnow, Nadine Krasnow Falmouth realtor, Nadine Krasnow photographer, Nadine Krasnow Realtor, properties for sale in Falmouth, real estate Falmouth MA

New Listings, Part 3

November 18, 2016 by Nadine

#21608637
4 Deacon Fish Lane, Falmouth
$2,500,000

4-deacon-fish-lane-falmouth

This home was on the market a couple of years ago, and not a lot has been done on it since then. Although it’s just a few houses up from the charming harbor, it has barely a peek of water. At this price, I think most buyers would like to see the water, and have some kind of private beach. This has neither. Nor does it have a first floor owner’s suite. It is in nicely updated shape, though, and it does have an appealing kitchen. And it is in a charming location. This is another case of, in my opinion, a home that will have some price adjustment before being sold.

#21608652
108 Gansett Road, Falmouth
$7,900,000

108-gansett-road-falmouth

Yes, you read that right, it is almost $8,000,000. And needs a couple million in work. But oh my, what a house and property! The sweeping views of Buzzards Bay are a given; and the expansive space with 8 bedrooms, 5 baths, and almost 8,000 s.f. of living space (not including the 3-car carriage house and caretaker’s apartment) are as well. Add two acres of land and gorgeous original detail from the 1920’s. But the lack of updates is daunting. Barely has heat, even. It will be interesting to see whether the next owner will restore and update it, or knock it down and start over. And what price it sells at. But for sure, a really engaging house to show!

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New Listings, Part 2

November 17, 2016 by Nadine

#21609092
61 Alma Road, Falmouth
$660,000

61-alma-road-falmouth

This is a pretty good deal: The house is much more spacious than it appears from the street. With 6 bedrooms (and 2 baths), and a garage; and in the best Heights location – a quick walk to both Main Street, the beach and the ferry – it’s got a lot of appealing qualities. The price may be a little high, but probably not much.

#21608155
64 Thomas Lane, Falmouth
$1,349,000

64-thomas-lane-falmouth

Here’s a home with presence in a setting that reminds me of the Hamptons – gracious older homes behind privet hedges, and just one block from the beach. The house, however, needs either a buyer who wants the separate living area attached to the house for family or to rent out; or a buyer who will gut the home and capture that space. There is definite charm, nice high ceilings, and well-proportioned rooms in one part of the house. No garage, and definitely in the flood zone, but oh, the setting and location are prime.

Filed Under: Falmouth, Falmouth Colors, Falmouth Community, Falmouth Fine Properties, Real Estate, Uncategorized Tagged With: 61 Alma Road Falmouth, 64 Thomas Lane Falmouth, Autumn in Falmouth, Autumn on Cape Cod, Cape Cod real estate, Falmouth Colors, Falmouth Fine Properties, Falmouth homes for sale, Falmouth MA homes for sale, Falmouth MA properties for sale, Falmouth MA property for sale, Falmouth MA real estate, Falmouth MA realtor, Falmouth realtor Nadine Krasnow, homes for sale Falmouth MA, homes for sale in Falmouth, Nadine Krasnow, Nadine Krasnow Falmouth realtor, Nadine Krasnow Realtor, properties for sale in Falmouth, real estate Falmouth MA

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Falmouth Fine Properties  Nadine Krasnow, CRS

P.O. Box 664, Falmouth, MA 02541

Office: 508-457-7552 • Mobile: 617-921-7552

Email: capecodnadine1@gmail.com

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