Mad City Dream Homes Real Estate Blog, Madison WI

Many buyers have a preferred neighborhood or condo community in mind when they start searching for a home. However, there are not always homes for sale on the market that match their criteria. How do you find an unlisted home in that oh-so-perfect neighborhood or condo community? Our agents have been successful in helping our clients discover these properties with letter writing campaigns. A letter writing campaign is a targeted marketing strategy that can connect buyers with their ideal home - before it comes on the market. Read on for tips from Maureen Moran and Dan Miller on how to leverage this strategy.

Why do letter campaigns work? They often provide a benefit to both the buyer and seller, and lead to an easier sale.

Maureen: Receiving

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When Nancy Breden bought her Spring Harbor bungalow along Lake Mendota six years ago, she saw its potential for being a “really cute place to live” -- especially with its cathedral ceiling, loft, boathouse, and spectacular view of the sunrise. 

In that time, Nancy has made some sweet updates to this 2 bed/1.5 bath property on 47 feet of waterfront, including wood flooring throughout the house and swapping out the garage door for French doors in the boathouse (which could be used as an office, art/yoga studio, or exercise room). 

“I've received so many comments from boaters passing by,” she said. “I think both updates helped with the appeal of this home.”

This fall she approached REALTOR Chris Venden to sell her home, who enlisted

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If you're like many sellers these days, you probably feel overwhelmed and a bit panicked when you think about all of the challenges confronting you. Fortunately, our team is here to help you address all of these challenges and replace your feeling of overwhelm with a sense of calm and confidence. Below we cover a few of the common stressors that many sellers experience, and how to address each one of them. 

Mad City Dream Homes Selling Your Home

Commons stressors during the home-selling process

Home repair and cosmetic updates

Most homes have some wear and tear that should be addressed prior to sale, and some homes need a few cosmetic updates. We can help you prioritize the projects that will provide the best return on investment -- and connect you with reliable contractors, too.

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Maureen Moran Realtor Madison WIMaureen Moran joined our real estate team two-and-a-half years ago when she moved from New York and returned to her Wisconsin roots. As we were interviewing Maureen and learning more about her, one of the things that jumped out at us was the glowing praise she consistently received from her clients. For example, here is one of her online reviews that really caught our attention as we were learning more about Maureen:

"Maureen is the hardest working and most diligent realtor that I have ever worked with. She looks at situations from multiple perspectives and always looks for the best solution. I appreciate her honesty and integrity. In a world of realtors just looking to make a quick sale, it is a blessing to find someone who truly cares about her

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The home inspection is an important milestone in the home buying and selling process, and sometimes it can be a big sticking point. It’s not uncommon for a home inspection to reveal a few issues that buyers feel need to be addressed and the sellers say, “no way.” How can buyers and sellers work through this apparent impasse? A few of our realtors share some of the strategies they have used to help buyers navigate their inspection contingency - without jeopardizing the sale.

Five ways we help buyers navigate tricky inspections

Five ways we help buyers navigate tricky inspections

1. Be professional

Sometimes inspections bring forth issues that sellers weren’t aware of, or disagree with. Sellers can even be offended by the results. We help by focusing the conversation on issues that negatively

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September was a great month for Madison area home and condo sellers, as the Dane County real estate market set a number of new records last month. Here's our short summary of the latest market trends from the month of September. 

The Madison area single family home market

New MLS listings increased by 16% in September and reached their highest level since 2008. 

Madison WI New Single Family Listings 2020

Buyers responded to the new supply of listings by writing a record number of offers. Accepted offers increased by 27% year-over-year and set a new record for the month of September. 

Home sales also reached a new high and increased by 40% from last September. 

Madison area home prices set a new record last month, increasing by 9% year-over-year. 

 

The Madison area

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Falling in love is part of the home buying process for many. You walk into a home and you just know it’s the one. Interestingly enough, a “love letter” can sometimes seal the deal for prospective buyers. In the context of real estate, a love letter is a letter penned from the buyer to the current owner of their dream home. Not all sellers are swayed by these letters, but in some situations a love letter can tip the scales in the favor of that buyer. Even when there are multiple offers. In this article, our team of Realtors share their insights about love letters, and how they can help you buy your dream home.

Chris Venden has often encouraged buyers to write love letters to sellers since she got into real estate 15 years ago. “I think it helps

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Buying or selling a home is one of the biggest decisions in your life. With so much on the line, you owe it to yourself to hire a REALTOR who is personally invested in you and your aspirations. How can you tell if you're working with an agent who is highly committed to you? It’s really about the way in which your agent shows up each day, attending to all of the details of your purchase or your sale, that has a huge impact on whether or not you achieve your goals.  

Mad City Dream Homes Realtors

Here are 8 signs you're working with an agent who is personally invested in you.

  • When you’re pricing your home, your agent does their homework and clearly articulates their reasons for their recommended list price. Your agent also recommends simple cosmetic updates that will
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We're getting asked this question a lot these days, and here's our take: Although there are no guarantees about the state of the market in 2021, we do know the Madison area real estate market is very favorable for sellers right now. Here's what we're seeing in the market as we approach the month of October. 

Madison WI October 2020 Real Estate Market

The fall real estate market in Madison, WI

For starters, mortgage rates are historically low, and buyers are buying. Dane County home buyers are writing offers at a much faster pace right now than they were during the same time period in 2019. 

 

Dane County home prices are trending favorably for sellers, too. Many properties are receiving multiple offers right now and selling for well above the list. Home prices are on pace to set

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Thinking of selling your home in the coming year? Below are 10 low-cost home improvement projects that add real value to your home. Over the years we've helped many sellers completely transform the look of their home by implementing these and similar projects. In some cases clients have increased their home's market value by tens of thousands of dollars through their sweat equity and only a minimal financial investment.   

Simple Home Improvement Projects

10 low-cost home improvement projects

1) Replace dated bathroom mirrors, towel bars, and towel rings with newer and inexpensive pieces. This one simple change can dramatically improve the appearance of a dated bathroom. Our amazing stager, Debbie Lea, can show you which products to buy and where to buy them. Remember, we offer

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