I recently closed escrow on 367 El Faisan in Terra Linda. My seller had gone to assisted living, and it was very gratifying working with her. I get a lot of enjoyment out of working with sellers, and I feel like it’s very important work. For most sellers this is the biggest financial transaction they will make in their lives, so I know how critical these situations are. We did several things to get El Faisan ready for the market, including removing popcorn ceiling, putting in new flooring and staging. Because the home was vacant it was very easy to show and with all we did it looked great!
Currently I have 219 Roundtree in Marinwood on the market. There are tenants in the townhouse, which is always a little more challenging. They’ve been good about giving access for showings, and kept the home in reasonable showing shape. However, it’s not the same as when you have a vacant (and staged) house to show because many buyers have a difficult time seeing through people’s personal belongings. Still, the inventory is low and the interest rates have recently declined, plus we are in the spring selling season now, so I feel very good about selling the townhouse.
I also listed 67 Dockside this week, which is just across the highway from Roundtree. My Dockside seller will also be going into assisted living, just as soon as we get her home sold. 67 Dockside is a single-story condo, which is often more appealing to buyers than two stories. It has a new furnace and air conditioning, plus dual pane windows, which are all expensive upgrades the next owner won’t have to worry about. Dockside is in the Captains Cove HOA, which historically has held higher values than other nearby associations. All things considered I’m feeling very good about coming on the market next week with the property.
I know some agents who won’t work with condo and townhouse sales. I think that’s foolish. First and foremost it’s a wonderful thing to be able to help people realize their financial goals, whether it be a $500,000 sale or $5 million. Heck, I had a great time helping buyers purchase $50,000 -$70,000 condos in Santa Rosa during the Great Recession. I worked with one lovely couple who purchased five such condos, which became their retirement income stream and nest egg. I thought what they were doing was absolutely brilliant, and it was a privilege to help them make it happen.
In 2022 I completed 19 transactions. Of those 19 only 3 were condos or townhouses. I don’t always sell condos and townhouses, but I always look forward to these sales when the opportunities arise.