List to Sale % Beat All Records ... What could that mean to you?

Published: Tue, 11/10/20

"List To Sale" percentage Beats All Records

More money in your pocket!

In our last newsletter we told you all about the continued HOT interest in real estate throughout Flathead and Lake Counties. One interesting change over the last few years is that Seller's Brokers have been able to negotiate prices closer or over their asking price. The chart above shows the median negotiated price in 2017 was 97.8% and in 2020 it rose to 98.9%. While that may seem slight it actually translates into significant increases in a Seller's net proceeds.

See how this increase put more money in Seller's pockets:

Some examples:

$250,000 home list price in 2017: / Sold: $244,500

In 2020: / Sold: $247,250

Seller got $2,750 more!

$500,000 home list price in 2017 / Sold: $489,000

In 2020 / Sold: $494,500

Seller got $5,500 more!

$750,000 home list price in 2017 / Sold: $733,500

In 2020 / Sold: $741,750
Seller got $8,250 more!

$1,500,000 home list price in 2017 / Sold: $1,467,000

In 2020 / Sold: $1,483,500

Seller got $16,500 more!

$3,500,000 home list price in 2017 / Sold: $3,423,000

In 2020 / Sold: $3,461,500

Seller got $38,500 more!

Could it be your time to sell?

As your Montana Real Estate experts, we are prepared to help you sell your property for the highest price the market will bear.

Contact us today for a complimentary consultation: 406-837-5531

Latest Video Blog on NW Montana Real Estate

Whats Happening in Montana's Waterfront Market

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See More Montana Homes, Waterfront, Land, and Ranches for Sale

Mortgage Rates...Post-Election Advice
(as presented by Mortgage Professional America (MPA)

"Don't try to time the mortgage market based on the expected election results. You might be surprised not only by the winner,
but by the market's reaction as well."

How Do Elections Impact Mortgage Rates?

Just this past week, MPA published an article that provides their professional insight about the future of climb or decline of mortgage rates. Within the story it noted:

"Despite the COVID-19-triggered recession and accusations from each candidate ... the real estate and mortgage markets, driven by low interest rates and pent-up spring demand, experienced historic levels of activity. While cracks showed in American democracy, real estate built itself an impenetrable shell. It may be the perfect metaphor for the curated information bubbles most Americans live in."

(READ FULL ARTICLE HERE)

Here is what The Hollinger Team is working on:

95 Closed Sales (ytd)
28 Pending Sales

We can tell that the mid-Fall inquiries are slowing down

from the pace of summer but still going strong...

Scott closed a 3-bedroom condominium with a boat slip in Bear Harbor complex on Flathead Lake. He also closed on a vacant lot on Flathead and a waterfront home in Rollins.

New clients listed their home on Pioneer Rd between Columbia Falls and Kalispell.

Drew closed on a nice home in Bigfork on Windsor Ct and is applying for his broker's license.

Diana is closed on a waterfront lot on McGregor Lake. She has a families from Washington and California looking for a home.

Kellie facilitated 17 closings in the month of October. Way to go Kellie! ... 28 still on the board!

Dane closed on some beautiful acreage above Somers.

WHAT'S SELLING?

See what properties the
Hollinger Team has sold so far this year ...

Recent Reviews on Google
What customers say . . .

"Scott Hollinger's Team at RE/MAX was quick, responsive
and very cordial and made our experience of selling our property on Flathead very positive and enjoyable. I would definitely return to Scott and his team if if I had another opportunity to buy or sell.." Robert J.

"I have dealt with Scott and his team five times over the past 16 years. I keep working with them because I think that they are the best in the area, especially involving lake front property. Every transaction has been handled professionally, expediently, and smoothly. I have never had any issues that were not dealt with promptly and resolved with no delays. I highly recommend the Hollinger team! " Larry B.

We can also help you anywhere in the country
with a local referral!

Contact your favorite Hollinger Team member anytime:

Scott Hollinger Broker/Owner

Dane Hollinger Broker Associate

Drew Hollinger Sales Associate

Kellie Hilley Closing Manager & Sales Associate

Diana Rahdert Marketing Manager & Broker Associate