Clearing out tenant helped sell colonial

KATHLEEN LYNN
The Record (Bergen County, NJ)
12-24-2006

Clearing out tenant helped sell colonial
KATHLEEN LYNN
Date: 12-24-2006, Sunday
Section: REAL ESTATE
Edtion: All Editions
Column: THE REAL DEAL

The listing: Three-bedroom, 1.5-bath prewar colonial

Location: Englewood

Listed by: Ronald Rollieson of English Realty, Englewood

Taxes: $9,298

On the market: 49 weeks

Asking price: $525,000

The game plan: Rollieson listed the house on the multiple listing service, held open houses, and advertised it in newspapers and on the Internet. The house is on an oversized lot and had been extensively renovated, with new heating and electrical systems, a new master bedroom and a renovated kitchen with stainless steel appliances and granite countertops. But a tenant was living in the house, which made it difficult to show.

The result: The seller cut the asking price several times, finally bringing it to $469,900. After the tenant moved out, the newly clutter-free house was much more appealing, Rollieson said. Another agent brought in the buyer, who negotiated the selling price to $450,000.

Illustrations/Photos: PHOTO - Uncaptioned
Keywords: ENGLEWOOD, REAL ESTATE

Copyright 2006 Bergen Record Corp. All rights reserved.