Sunday, January 31, 2021

Houghton Lake Home w/2 Garages & in-ground pool! 101 Oak Marr Drive, Houghton Lake, MI

 3 BD/2BA Houghton Lake Home with 2 Garages & in-ground pool!

MLS #174184

Well maintained 3 bedroom, 2 bath home with attached 22x20 garage and a 24x20 detached garage, has 220 electric, 10 ft high ceiling and loft area that could be made into a man cave or used as storage space. No main floor bedroom, but there is a den that could be easily converted to a bedroom. Nicely landscaped with lots of perennials, stone, fencing, and stamped concrete sidewalks. During those great summer months, in the back yard, you can relax in the heated pool. Enjoy maintenance free vinyl siding, vinyl windows, natural gas forced air furnace, central air conditioning, wired for generator, private 5" inch well and septic system. Property has been surveyed, property corners two black top roads, and has stamped concrete driveway. Offers all new appliances in 2020, drywalled interior walls, large walk in bedroom closets, hardwood, carpet, and ceramic flooring throughout. 

Click HERE to view more images of this Houghton Lake Home for Sale!

Friday, January 22, 2021

So Fortunate in 2020

What a year 2020 was.  Unfortunately, we're all coming out of it with very different tales to tell.  If you were a REALTOR, it likely was a very strong sales year.  It seems as though all this time at home caused many people to rethink their living situation. A number of people decided it was time for a change and it made for a very busy year.

This is always the time of year when we go through our year end numbers and try to get a sense of what the future holds.  As we reviewed things this year it quickly became obvious that something quite remarkable took place.  For us, the timing of 2020 also happened to coincide with the installation of a new CRM software, upgrades to our already strong web presence, and the maturation of our commercial division and some of our newer agents.  We also added a key new agent who really hit the ground running.  

First and foremost, THANK YOU to all of our clients!  Without your trust in us, it would not have been possible.  Now 15 years into our brokerage's history, we've found our way to fairly consistent sales numbers with annual sales of about 350 units for a volume of around $50,000,000 to $55,000,000 each year.  We're blessed to be able to do this with a relatively small sales team of exceptional people.  In 2020, however, through a lot of hard work under difficult conditions and a couple of months of being shut down, we sold 494 units for just a hair over $95,000,000 in closed sales.  That put us up 90% over 2019 with just one new agent adding to the pot.  We could not be more proud.

The next stats we look into are the market statistics overall.  Perhaps our good fortune was simply a reflection of the market in general.  Northern Great Lakes Realtors Multiple Listing Service (NGLRMLS) is the largest MLS in Michigan and they service a variety of areas including the Grand Traverse region, Central Michigan, and some of Northeastern Lower Michigan.  According to their stats for the year, the number of residential sales only increased 3%, reflecting the very tight inventory available for a tremendous number of eager buyers.  This tight inventory lead to an average sale price increase of 13% in 2020 alone. The total sold volume for residential properties in NGLRMLS was up 16% while we increased 90%.  That's a great feeling! 

It's a terrific example of how our purposely "small" business model allows us to quickly adapt to changing conditions and make the most of an already strong market to our clients' benefit.  We truly do see this business through a different set of eyes than the average big box broker.  We're able to focus more specifically on local market conditions, have implemented the finest resources available for our agents, and ONLY associate with the most qualified sales staff.  All these factors help our clients and ourselves achieve better results than the field as a whole.  

There's certainly a notion out there that, because of the strength of the market, any agent or home owner can simply stick a sign in the yard and expect to do very well.  The reality of the market is that it's never been more complex and the assistance of a QUALITY REALTOR can be invaluable.  Managing multiple offer situations.  Setting the correct list price at the top of the market but not so high that buyers refuse to play along.  Managing the increasingly difficult lending process.  Perhaps most importantly taking on the stress of selling or buying in an already intense environment.  These are all services we provide that can help ensure any seller is able to make the most of the current conditions.

As a fly angler, I always tend to associate events with fly fishing in some way.  I'm sure it's the same for a golfer, skier, runner or whatever your passion might be.  We were truly blessed this year as were all REALTORS.  This video immediately came to mind once all the calculations were done and I had a moment to reflect...  I hope you non-anglers will appreciate it as well.

Thanks once again to all those who made this possible.  To our exceptional agents and brokers, our co-owner, Mandy Brown and our outstanding Administrative and Marketing Director, Kellie Parks, thank you from the bottom of my heart!  

Sunday, January 17, 2021

Doc & Tom Waterfront Home w/Garage 3371 Pinehurst, Lake, MI

 Doc & Tom Waterfront Home w/Garage

MLS 174146

Spectacular views of Doc & Tom Lake from this 3 bedroom, 2 bath home with attached 2 1/2 car garage. Home built in 1985, cathedral ceiling, natural gas fireplace, 53 feet of lake frontage, large storage shed, 12x20 composite deck and is perfectly located within the Lake of the Pines Association. The club house & outdoor heated pool is within walking distance. You can enjoy some of the other amenities that the association has to offer, such as the rec hall, bathhouse, playground, basketball court, volleyball area, covered pavilion for get togethers. There is also a private campground for members & their guest w/a nice sandy beach area. On pontoon island, you can rent a space to dock your boat for the season. They have cabins available for your guests to rent & if you like to hunt, you have access to two private hunting parcels. All appliances are included. Pontoon boat and most furnishings can be sold separately outside of closing. 

Click HERE to view more images of this Doc & Tom Lake Home for Sale!