Page 19 - Luxury Market Report as of May 2020

Case Study – East Chop area of Oak Bluffs

“Your proposed selling price was $250,000 higher than the Edgartown broker;
we sold the house in less than 30 days for $1.7325M; 94% of the asking price. You can't do any better than that.”

104 Winemack St. (including 101 Park St) – the property:
* Year-round, East Chop 5-bedroom/3-bathroom home in pristine condition, with A/C, on 0.69 acres, water view,
large open floor plan, beach stone fireplace, beautifully landscaped yard and 2-car garage
* The client interviewed with various agents including from Edgartown
th
* Perry, Broker and Luxury Listing Specialist at Rexmax was hired July 15 , 2020 and the listing went live once the house had been
completely prepared, professional photography done, and all marketing materials set on 7/20/2020.

Stats, Marketing & Results:
* Placed in 3 MLS’ – Linkmv (300 agents), MLSPIN (reaching 30,000 agents), MVMLS (CC&IAOR
3,000 agents), Professional photography and drone aerial exterior
* During the pre-listing period several brokers were called to alert them to the property going live
* There were 12 showings in the first two weeks, offer was received 8/4/2020 after just two weeks on the
market, and the property went under agreement 8/28/2020 after just 39 Days on Market.
* Perry’s knowledge of the East Chop market and property values, as well as its local clubs and amenities,
was key to satisfying both the seller as well as the buyers’ information needs

Testimonial from the clients:
Thank you for your assistance in selling our home. As you know, the Edgartown broker who found us our new home wanted the listing in East Chop
so we let her present. Your presentation was more professional and reflected a deeper understanding of East Chop property values. Your proposed
selling price was $250,000 higher than the Edgartown broker; we sold the house in less than 30 days; and we received 94% of the asking price.
You can't do any better than that. Your service included recommending the right lawyer (thousands cheaper than another one), getting the septic
inspection and perk test, and getting the fire inspection. Your knowledge of East Chop property values and potential buyers was impressive.
Thanks! -- Bob and Mindie deVeer

Response from Perry Patterson

Thank you Mindie and Bob! By being the most knowledgeable broker about the East Chop community and its property values,
it has made me one of the top selling brokers on the Chop. It was a pleasure to work with you,
and I’m glad you found exactly the right home to move to on the island.