Addressing Challenges and Achieving Success!
Property Review
CHALLENGE
Located at 8007 Mabelvale Pike in Little Rock is a 2,000 square-foot building that was constructed in the 1970s to be a church. The individuals who had the church built and formed a congregation there decided to relocate to a different location. One significant challenge they faced in selling the property was related to water problems, as the church had been built on a spring. Consequently, the back corner of the building had shifted and dropped.
ACTION
To initiate selling the property, Cassie met with the clients to better understand their requirements and objectives. During the meeting, their goals were discussed in detail and the sale prices of similar churches in the surrounding area were examined. The insights gained by analyzing this data helped to determine the property's true value.
Recognizing the foundation issue as a potential deterrent for prospective buyers, Cassie proactively found a solution. Her philosophy is centered around problem-solving, and she firmly believes that by presenting clients viable solutions, problems cease to be obstacles. Cassie had a foundation expert assess the property's situation and provided an estimate for the necessary repairs. By effectively identifying the problem as well as offering its solutions, Cassie removed any apprehensions on the part of potential buyers.
RESULT
The sale exemplifies the importance of addressing and overcoming challenges to achieve success. By engaging in open communication with the clients, assessing their goals, and analyzing market data, Cassie determined the property's worth and devised a strategy to fix the foundation problem. Through proactive marketing and the implementation of an escrow arrangement, Cassie ensured that the necessary repairs were completed and secured a buyer -- further proof that the problem-solving techniques and effective communication that Cassie provides pave the way for successful real estate transactions.
"Cassie's proactive marketing saved us money and time." - Dan S.
What Does a Commercial Realtor Do?
