So far this year we've had clients receive offers for $13,000 above, $14,000 above, $23,000 above, and an amazing $31,000 above the list price. This is in addition to several other sellers who've received offers for between $5,000 and $10,000 above the list. 

These offers didn't happen by accident

All were the result of marketing plans designed to attract multiple offers. As we shared in these two success stories, a key part of our strategy is to allow 4 to 5 days of showings before responding to any written offers. This timeline gives all interested buyers enough time to schedule their showings, research the neighborhood, and submit their offer to purchase.

Allowing 4 to 5 days of showings gives sellers the psychological advantage, too. When

We're excited to see our team earning so many rave reviews on Zillow and our Google Business Page. At a time when so many web reviews are crafted for marketing purposes, we appreciate so many of you (our clients) taking time to share your genuine feedback. Thanks to all of you who have shared your real experiences online. It motivates us to keep doing what we're doing and to to keep getting better. We're extremely grateful and we thank you for your support!

Recent reviews of Mad City Dream Homes

Here are just a few of the recent reviews we've received in 2018. 

For Chris Venden

"This is the second time we’ve used Chris as our realtor & we couldn’t be happier!! She’s an awesome lady, hard worker, and good friend. We will continue to use her

We've written a lot about the low levels of inventory in the Madison real estate market. Here's another look at housing supply from a slightly different angle, which shows the inventory crunch in Madison is a much bigger deal than most people realize. 

Madison Single Family Home Supply

Each month we take a few different snapshots of the housing supply in Madison. We've been doing this for a few years now, so we've built up some good historical data for our reports. This first snapshot shows the total number of single family home listings in March 2016, March 2017, and March 2018. Here's how total listings have trended in Madison over this two-year stretch. 

From March 2016 to March 2018, the total number of single family home listings

If you snooze, you lose. Remember these words if you're serious about buying in 2018. 

Competition for Madison area real estate is fierce this year. Inventory is extremely tight right now, and it will become even tighter in April and May. 

When a promising new listing comes along you and your buyer agent should be first in line to see it. Don't wait until the next day or the Sunday open house to view it in person. Schedule your showing immediately.

If you delay your showing you run the risk of missing out on your dream home. Ask the many buyers out in the market right now who are learning the hard way: Open houses are being canceled left and right because properties are selling in a flash. 

It Helps to Work with a Team in a Hot Market

We

The springtime is the best time to knock it out of the park with your real estate listing, and market conditions in Madison are ideal for sellers right now. Here are 2 recent success stories which show how smart marketing and a hot market can help you net more than you ever imagined on the sale of your home.

Client Success Story #1 

Our clients with two young children were outgrowing their starter home on the east side of Madison. They listed their home with Shelley Lazzareschi and received an amazing 14 offers for their home. One of the offers was for $13,000 above the list and stood out among all of the others as the clear winner. In addition to a great price, this offer included a few other terms which were very appealing to the sellers. 

These days we're using technology to get just about anything we want. When we feel the need to buy, we shop online at Amazon and have our purchase shipped directly to our door. When we have a question, we turn to Google where the world of information is at our finger tips. And when we feel the need to connect, we use social media to reach out to our friends online.

But when it comes to the world of real estate, can we expect to buy a home in the same way?

Unfortunately, the answer is no. The truth is there is no easy button for buying in this market. As many consumers are learning, there's a lot more that goes into buying a home than casually searching for properties online. Shopping with your Zillow app just isn't good enough - because half of

Your property could be worth much more than you ever imagined. Even though interest rates have changed, Madison home and condo prices keep rising in 2018. Here's our summary of the latest trends in the Madison area real estate market.

Prices

Madison home prices rose to $154 per square foot through the month of February. This was a record high for our market and a 9% increase from last year. 

Madison condo prices also rose to record highs through the month of February.  

Inventory

Prices are rising because demand is strong and housing is in short supply. In February and March, there were only .7 months of single family home inventory in Madison - a rock bottom low for our market. 

Condo supply is also very low. Right now there is

Statistics show that the average American household has "300,000 things." And as more baby boomers downsize, move to assisted living facilities, or pass away, "the volume of unwanted keepsakes and family heirlooms is poised to grow -- along with the number of delicate conversations about what to do with them," the New York Times reports.

From your great aunt's rocking chair to that unopened box of hand-me-down china, the weight of what we own and what we no longer use could easily be lifted off of our shoulders. Wouldn't it be nice to ditch the guilt and declutter your life by finding a new home for some of your belongings?

While some trinkets should just go in the garbage bin, many other items don't need to be relegated to the curb. You might not

We recently had an opportunity to do 2 market analyses which showed how dramatically market conditions can differ from one location to the next. One property was located in a clear seller's market in Madison's Westmorland neighborhood. The other property was a higher priced listing located in a more rural buyer's market. Below we share a few examples from both market analyses which demonstrate how buyer's markets and seller's markets differ.  

Seller's markets typically have low inventory levels and a high percentage of listings with accepted offers. These two traits run very strong in the Westmorland neighborhood. At the time of our analysis the Westmorland market had only .6 months of supply available for sale on the MLS. In addition, 50% of

One aspect of our job that we really enjoy is helping home owners whose previous listing expired without selling. When we meet with owners we start by getting to know the property and the marketing used during the previous listing. Usually we find out there's a lot we can do to help each client.

Such was the case with our recent sale of this upscale listing which we sold this February. When we first met with the sellers we were struck by the beauty of the property and setting. It was a truly special home, but the home's beauty wasn't fully exposed by the previous marketing. 

For example, we saw an immediate opportunity to upgrade the pictures and produce showcase listing photos like this one below. This was one of several ideas we had for generating