March 2011 – The Glen Russell Team Statistics!

  • LISTING APPOINTMENTS – 15

 

  • NEW LISTINGS – 9

 

  • SELLER OFFERS NEGOTIATED – 7

 

  • CLOSED LISTINGS – 4

 

  • BUYER APPOINTMENTS – 39

 

  • NEW BUYERS – 14

 

  • BUYER OFFERS NEGOTIATED – 3

 

  • CLOSED BUYERS – 2

 

  • HOURS SPENT PROSPECTING – 93.5

 

  • MARCH PROSPECTS GENERATED – 22

Things are very busy here in Montgomery, Chester, & Berks Counties!

Make it an awesome day!!

Glen Russell

610.792.3000 / 610.792.5900

Info@TheGlenRussellTeam.com

www.GlenRussell.com

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HOSTED BY THE GLEN RUSSELL TEAM AT KELLER WILLIAMS REALTY GROUP!

1003 FOXMEADOW DRIVE

ROYERSFORD, PA 19468

OPEN HOUSE THIS SUNDAY, MARCH 13TH

FROM 1-3PM

** SNACKS & REFRESHMENTS WILL BE SERVED!!! **

Hope to see lots of buyers there!!

Make it an awesome day!

Glen Russell

610.792.3000

Info@TheGlenRussellTeam.com

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As i just completed putting our new listing in the MLS, I thought what better development to blog about, than one i have recently looked into.

The website describing Cherry Tree Farms says this:

“Cherry Tree Farms is a residential subdivision of detached, single family homes built ca. 1996-2002 by Grande Construction; median age is ca. 1999. Interior living space ranges from approximately 1,800 to more than 2,800 sq. ft. with a median of approximately 2,400 sq. ft.

Entry into the subdivision is from Gilbertsville Road onto Cherrytree Lane or Micklitz Drive.”

*Street Names*

  1. Birdsong Way

  2. Cherrytree Lane

  3. Irene Court

  4. Joanne Court

  5. Laura Lane

  6. Micklitz Drive

  7. Peachtree Circle

Currently and within the last 6 months, there has not been much activity in Cherry Tree Farms. Including our new listing at 1931 Irene Court, there is only one additional home active on the market …

147 Micklitz Drive – Listed for $264,900

Description:Welcome to this warm and inviting 4 bedroom, 2.5 bath colonial home. This home features engineered wood flooring in the living room and formal dining room. Tile floors enhance the kitchen, foyer and all baths. The large kitchen hosts a center island and dining area with sliders going out to a 300 sq ft trex deck. Remaining on the first floor is a large family room with a gas fire place. The upper floor features a master bedroom with a walk in closet and a full master bath. In addition there are 3 great size bedrooms with ample closet space and an additional full bath. A finished walk out basement with windows adds another 490 sq ft of living space. The large back yard is great for picnic activities. All of this is located close to shopping, restaurants and Route 100.

The Glen Russell Team’s New Listing is 1931 Irene Court Pottstown PA 19464

Listed for $269,500

Description: This Upper Pottsgrove Colonial is Truly Spectacular! The Bright & Open First Floor Consists of a Lovely Formal Living Room & Dining Room with Chair Rail, Crown Molding & Trey Ceilings. The Spacious yet Comfortable Family Room Offers a Cozy Gas Fireplace & is Open to the Stunning Eat in Kitchen. The Kitchen Features a Center Island, Tile Flooring, and Beautiful Cabinetry. The Convenient Main Floor Laundry Area & a Powder Room Complete the Main Level. Upstairs, all Bedrooms are Wonderfully Sized, but the Master Suite will Blow You Away! Vaulted Ceilings, a Private Sitting Room, & a Full Bathroom with Jetted Tub, Sky Light, & Double Sinks! Situated on Over a Quarter Acre Cul-De-Sac Lot with a Large Rear Deck & a 2 Car Garage, This One Absolutely Will Not Last!

Within the Past 6 Months, the only home listed & sold was 1887 Irene Court. Originally listed for $259,000 and after 41 Days on the Market – Settled for $246,500

Description: Well Cared-for Single in a Quiet Neighborhood and Close to Everything! This 4 Bedroom Home sits on a Large Corner Lot with Mature Plantings & Relaxing Deck Overlooking Trees. An Open Floor Plan and High Ceilings make this the Perfect Home for Family Gatherings. The Bright Living Room/Dining Room Combination, Open to the Upstairs, leads to the Eat-In Kitchen with Breakfast Nook boasting an abundance of Oak Cabinets, a Secretary Desk, Ceramic Tile Floor, Gas Cooking & Slider to the Deck. The Adjoining Family Room has a Gas Fireplace w/Marble Surround and Wood Mantle. A Laundry Rm w/Sink, Access to the 2-Car Garage & a Powder Rm Complete the Floor. Upstairs is a Large Master Suite w/2 Walk-In Closets & Master Bath w/Jetted Tub, Ceramic Tile Flr & Oversized Stall Shower. 3 Addtl Bedrooms w/Ceiling Fans are Served by the Ceramic Tile Hall Bth w/Glass Enclosed Tub. The Basement w/Double Windows offers Light & Rm for addtl Living Space and Lots of Storage! Minutes from Rts 100, 422, and Loads of Shopping!!

 

I hope you find this information helpful.

 

Make it an awesome day!

Glen Russell

Keller Williams Realty Group

610.792.3000 / 610.792.5900 Ext 8113

www.TheGlenRussellTeam.com

Info@TheGlenRussellTeam.com

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Our listing at 304 Carver Lane – Royersford, PA 19468 will be available for walk-through on Saturday, February 5th from 1-3pm.

Along with our listing, The Glen Russell Team has joined up with 2 other agents in our office with listings in the  Willow Run community.

These listings are: 113 Carver Lane & 403 Carver Lane. They also will be available for walk-through from 1-3pm.

DESCRIPTION

 Welcome Home! This One Story Willow Run Ranch is Just Waiting for You! Walk in the Front Door and Immediately Begin to Feel at Home in the Bright and Open Floor Plan Filled with Natural Light. The Spacious Living Room Features New Carpet and New Cape Cod Shutters. Enjoy Entertaining Friends and Family in the Dining Room with New Hardwood Flooring, an Oversized Window, and Easy Access to the Kitchen with Plenty of Countertops and Cabinets – Some of Them Updated with Unique Glass Fixtures. Both Full Bedrooms Offer More than Enough Closet Space and Neutral Décor. They’re Just Waiting for Your Personal Touch! Finishing Up this Limerick Township Dream Home are 2 Full Bathrooms, 2 Car Parking, a Newly Screened Porch – Made for Relaxing, and Endless Community Amenities Including an In Ground Pool. This is a Truly Wonderful Place to Call Home!

OPEN HOUSE

Saturday, February 5th

12-3pm

Snacks & Refreshments WILL be provided

All are welcome!!!

Make it an awesome day!

610.792.3000 / 610.792.5900 Ext 8113

www.TheGlenRussellTeam.com

Info@TheGlenRussellTeam.com

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While doing some research before looking into the market of this development, i came across the builders website http://www.ryvenco.com/new-home/sunnybrook-village.html

The website describes it’s subdivision as:

“Convenience and charm are a way of life at Sunny Brook Village. The gently rolling hillside of Sanatoga provides a picturesque setting for the community itself, while a wooded backdrop enhances both the natural beauty and privacy surrounding the townhomes themselves. There are walking trails in the neighborhood, adding to the delightful quality of life. Minutes away, Route 422 and many other major highways provide easy access to King of Prussia. Sunny Brook Village is located in the Sanatoga School District.”

Some basic information about the development:

  • Builder: Ryan Homes
  • Style: Townhomes
  • Price: $237,990 – $267,990
  • Size: 1,600 – 2,700 sq ft
  • Rooms: 3BR / 2 Baths
  • Features: Garage(s), Basement
  • Home Owners Association Fee – $110 / month

Currently, there are 11 active homes on the market in Sunnybrook Village. They range from $168,900 – $225,000.

Active Listing #1

3 Creekside Drive          - $168,900 (Bank Owned)  

     

Active Listing #2

71 Brookview Lane – $170,000 (Short Sale)

Active Listing #3

47 Brookview Lane – $174,900 (Short Sale)

Active Listing #4

29 Creekside Drive – $189,500 (Short Sale)

Active Listing #5

10 Creekside Drive – $200,000 (Bank Owned)

Active Listing #6

74 Brookview Lane – $200,000 (Short Sale)

Active Listing #7

115 Brookview Lane – $214,900

Active Listing #8

229 Creekside Drive – $218,900

Active Listing #9

64 Brookview Lane – $219,900

Active Listing #10

4 Creekside Drive – $222,000

Active Listing #11

40 Brookview Lane – $225,000

After being listing on the market for 804 days – there is currently only 1 pending home in the Sunnybrook Village Development.

Pending Listing #1

51 Brookview Lane – $157,900

In the past 6 months, there have only been 2 properties that have gone to settlement.

Sold Listing #1

9 Creekside Drive – Sold for $179,800 after being listed for 248 Days.

Sold Listing #2

42 Brookview Lane – Sold for $204,000 after being listed for 240 Days. This was a short sale.

I hope this information  is helpful to buyers looking for a home in Sunnybrook Village.

Make it an awesome day!

Glen Russell

610.792.3000

www.TheGlenRussellTeam.com

Info@TheGlenRussellTeam.com

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The Glen Russell Team is PROUD to announce, that  we have combined our efforts with 2 amazing agents: Mary Gamler & Keith Diener!

Both agents worked for Keller Williams Realty Group previously as solo agents or on different teams. We could not be more excited to see the amazing things that will come out of our work together!

MARY GAMLER

Cell: 610.507.5457

Email: Mary@TheGlenRussellTeam.com

 

KEITH DIENER

Cell: 610.226.5164

Email: Keith@TheGlenRussellTeam.com

Contact me or our new team members with any questions or comments.

Make it an awesome day!

Glen Russell

www.TheGlenRussellTeam.com

610.792.3000

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Providence Ridge is a residential subdivision of detached, single family homes built  around 1995 by       David Cutler.

Interior living space ranges from approximately 2,800 to more than 6,000 sq. ft. with a median of approximately 3,700 sq. ft. Median lot size is approximately 1 acre.

Entry into the development is from South Collegeville Road (Route 29) onto South Mennonite Road.

Street Names

*Mennonite Road

*Ridgeview Drive

*Sierra Crest Drive

*Twilight Circle

*Winward Court

For More Information – Please contact me and my team anytime!

Make it an awesome day!

Glen Russell – 610.792.3000 / 610.792.5900 Ext 8113

www.GlenRussell.com

Info@TheGlenRussellTeam.com

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While browsing through my most recent issue of “Realtor Magazine” i came across an article titled – “Finding a Listings Magic Number.” and felt there were deffinitely some points i wanted to share.

* Pricing a home requires 4 techniques *

1. Employ shock and awe.

Remember economics 101? The simple law of supply and demand? Adam Smith, the grandfather of modern economics said “when an asset is undervalued, the invisible hand of the market corrects the pricing to fair market value.”

By drastically lowering the price on some luxury listings, Amanda DiVito Parle (RE/Max Alliance) created instant demand. She says “I listed a $1 million plus property for $599,900 and a sales professional called and asked if it was correct.”

1

Often properties can end up selling for more what you’d have originally listed them at. “You need to drop the price so dramatically, that buyers think it’s outrageous.” she says. “They’ll determine the price. They’ll be eager to see the property and create a competitive bidding war!”

2. Set a market – leading price.

“Do your homework on the local market and price the home to lead the market, not chase the market.” says Rick Lawrence (RE/Max Professionals Select) He recommends showing sellers virtual tours of comparables to get them on the same page about setting a price that will lead the market.

3. Pick an exact number.

Ben Kinney, founder of the Home4Investment real estate team, assesses a listing’s value, setting a price to the dollar: $137,368 or $213,348, for example. “Consumers assume that even prices aren’t carefully calculated and probably just a home price thrown out for the sake of it.” At least with Kinney, the notion is correct. He considers all the features of the home to reach a precise number.

2

4. Don’t get counted out.

It’s not uncommon to price a house slightly under an even price point, say at 199,000 instead of 200,000, to give the home a competitive edge. The trouble is, buyers who search for homes online (an virtually all do) are typically searching a range of prices, Kinney says. So a buyer looking for a $200,000 – $250,000 house wouldn’t even see your $199,000 listing. By knowing the range buyers usually use for a neighborhood, you can price your listing for maximum exposure, Kinney says.

3

When the offers do start rolling in, take them seriously, McLane says. Sellers sometimes make the mistake of refusing reasonable offers early in the listing period. Help your clients understand that the longer their house sits, the less desirable it may become to active house hunters.

Make it an awesome day!

Glen Russell

610.792.3000 / 610.792.5900

www.GlenRussell.com

 

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It’s simple!

Text GRT to 41513 to become a GRT “Insider!”

Get texts with the hottest new listings, local market stats, & so much more!

Make it an awesome day!

Glen Russell

610.792.3000

610.792.5900 Ext 8113

www.GlenRussell.com

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