Jeff Reynolds Archives - Seattle Condo Broker

February 24, 2016 By Jeff Reynolds

Sold, One Lincoln Tower Unit #2007

Seattle Condo Case Study

One Lincoln Tower
650 Bellevue Way #2007
Bellevue, Wa 98004

Asking Price – $899,000
Sale Price – $890,000

Situation

Our clients engaged our services a number of times in the lifetime of their ownership. Most recently, we took on the challenge of selling this 20th floor unit and reaching high for a record breaking price in the building. We gladly accepted the challenge.

Strategies & Tactics

We set some ambitious goals of reaching out to each and every owner in the building. One Lincoln only has 148 units so the idea was to keep the listing on the forefront of every neighbors mind. Living in One Lincoln Tower is a exclusive opportunity and we handled it as such. We used professional photography, video, and we deployed our highly successful social media campaign. We sent out our signature (just listed campaign) and reached out to some of Bellevue’s best brokers.

Result

We could not have been happier with the result of our efforts. At a listing price of $899,000 we received a number of offers and eventually got our client $890,000 – We successful sold the unit in less than 120 days and set the second highest cost per square foot in the building in the last 4 years at $793psf.

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October 20, 2015 By Jeff Reynolds

Sold, 500 106th Ave NE #1101

Seattle Condo Case Study

Situation

Our seller reached out to us about selling this incredible 2 bed, 2.5 bath condo at Bellevue Towers. The property was purchased early in the sales process and our job was to help the seller pull equity out from a quick sale so she and her family could re-locate to Seattle.

Strategies & Tactics

Our marketing strategy included staging, professional photos, drone-video production, an independent website and a social media blitz. We sent our signature just listed campaign, catered a brokers open and reached out to our downtown brokers network (both Seattle and Bellevue)

Result

In less than 3 weeks we found a buyer from New York who paid $910,000. Our listing price was $918,000. We faced other units in the building that came on during our listing timeline but our focus helped us get the job done. Our seller was very satisfied with our pre-listing, marketing deployment, our contract negotiation, the staging, the website and the video production.

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September 24, 2015 By Jeff Reynolds

Sold, 5th and Madison Unit #1903

Seattle Condo Case Study

Situation

We were given the opportunity to sell this condo after it failed to sell just earlier in the year (2015). It was previously listed for $550,000 in July of 2015.

Strategies & Tactics

We built a sound marketing strategy that included staging, professional photos, video and a social media blitz. We sent our signature just listed campaign, catered a brokers open and reached out to our downtown brokers network.

Result

To the surprise of our seller we raised the price to $598,000 (from $550,000). In just 12 days, we successfully found a buyer for our seller. Our sellers were thrilled with our pre-listing, marketing deployment, our contract negotiation and the successful close in less than 30 days.

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