Real People…Real Estate Is Also About People With Real Stories

I was prepared for a lot of things when I became a real estate agent. My years of working in a retail environment  taught me that people can suck the life out of you…so hard-to-please clients was not a surprise.  Having been turned down for a mortgage once, I wasn’t surprised when a buyer or two got a response of  ”Financing Denied.”  This is also a fickle business; it’s no surprise when people come into my life for a glimmer of an instant  just to disappear.

What has surprised me about real estate is the emotions that tear me apart sometimes.  I find myself irresistibly drawn to the stories these houses hold (whether real or imagined based on the clues left behind).

Some homes are very prim, cold, and impersonal, and I wonder: what are the people like who live here? Do they have any fun at all? Their home seems so sterile.  It makes me somewhat sad.  (Note: chances are they were watching HGTV and took the advice of the experts who say “Take out all your personal items so that buyers can feel themselves there and not you…”   My opinion: people are buying a home; they want to feel warm and welcome. There should be a happy medium…buyers should walk into a home and be able to say “This is a positive place…happiness has been here.”)

Yesterday, I was near tears by the end of my showings. The rainy day certainly didn’t help.  The first house was so overwhelmingly sad.  The home itself was probably structurally sound but it had obviously been in a state of neglect for several years.   Entering in by the basement garage, I first saw a huge old Lincoln Continental, sitting lonely in a dark corner.  Not a speck of rust was visible…I could tell this was someone’s “baby.”

On the wall was a series of expired boat license stickers, starting in the early 1970s and ending in 1993.  I smiled, as my dad did the same thing…saved and hung them up like little trophies.  There were some musty golf bags, and a hand-crocheted little golf hat with a dusty pompom on top, hanging on a hook…I didn’t touch it for fear it would disintegrate beneath my fingers.

We headed upstairs.  The entire main level was in a state of disarray – a life interrupted – half-hearted packing that stopped some time ago….a brand new fridge accompanied an ancient avocado green wall oven.  Cabinets that once shone under the warm glow of Murphy’s Oil Soap were now covered with scuff marks– the dried out, peeling finish marred what once was a smooth shiny surface.

Funky carpets from the 1960s were all throughout and in remarkably good shape. I suspected shoes were left in the basement and not allowed upstairs.  A broken toy, a Playskool something or other from my generation, lay in the middle of the dining room.  Another bunch of toys from the 1980s were laying around as well.   Stacks of old books piled here and there…a baby picture of a little girl dated 1953 hung on the wall with a military picture of a proud soldier  (probably her daddy) who did a tour of duty during the Korean War…I think I saw his comfortable old slippers peeking out from under his bed.

Wild floral patterned bedspreads with vivid colors adorned the 1950s/60s era beds (white vinyl headboards)…the bathroom counters looked like they’d been kept in mint condition all these years.  I saw a stack of papers carefully set aside, with a note “For Billy” on top.

Though sad now, I felt that this home held much laughter and good times.  The basement had a fancy wet bar complete with a mirror and a rounded 1950′s or 60′s Westinghouse refrigerator… and once upon a time had a pool table (the table was gone but the cues still hung in their rack.)  I fancied ladies upstairs drinking highballs on the patio  and the men in the basement bar shooting pool & having a cold one after a tough day of fishing on the lake….I imagined the grandkids in the back yard playing badminton or pretending to be The Bionic Woman or The Incredible Hulk…

For some reason, thinking about this home made me feel misty, like the day…grey and sad.  I felt bad for the life that was interrupted by whatever reason – illness, death…I don’t know.  (Note: sometimes too much of the story is left behind by sellers.  Gotta find that happy medium and be “warm” but not “overwhelming” and definitely not “depressing.”)

Later, my client and I saw a home occupied by an elderly widow.  She was so happy to see us and began sharing countless details about her life. I soon learned that she was all alone, no children, no siblings left…she shared with us her stories about her beloved antiques and how her father was a big fan of Franklin D. Roosevelt.

I didn’t want to go, and my client was so politely interested in her stories – I wanted to sit down and have a cup of coffee and listen to all of her stories… of growing up during the Great Depression and coming of age during WW2 and … it was just too much for me. I hated to leave her, standing on the steps holding her cane… watching us exit into the winter air…wondering if maybe this time, her house would sell and she could move south, someplace warm with no stairs to climb and no lawn to mow.

Wherever she goes, I hope there are people around to listen to her stories.

Winter 2012 in Northeast PA

IciclesSnow and Storm Culvert, TunnelSnow and Storm Culvert, TunnelSnow and Storm Culvert, TunnelSnowman on Lake WallenpaupackIce on Lake Wallenpaupack
Ice on Lake WallenpaupackIce on Lake WallenpaupackRocks and SnowIce on Lake WallenpaupackDirty Snow and MailboxSnowy Woods
IMG_7727 (Large)Snowy Country RoadIMG_7729 (Large)Snow in the WoodsSnowy HemlockIMG_7732 (Large)
Snowy SkySnowy Road, Snowstorm, Country RoadMailbox Buried in SnowCovered Bridge SnowCovered Bridge SnowCovered Bridge Snow

Winter in Northeast PA NEPA, a set on Flickr.

Finally, on January 20 and 21 2012, we got a decent snowfall. Our first snowfall of the season was crazy early in October 2011 and gave us about a foot of snow…then…nothing!

Yesterday morning I went for a little walk down a quiet country road in Paupack and a bunch of pictures – some of them were surprisingly good (such as the snap of the Cedar Waxwing; I had no zoom lens and was quite a distance away!) I added them to my Winter in NEPA set from 2010 on Flickr and now share them here for your enjoyment.

Thank you for looking and STAY WARM! :)

Lake Wallenpaupack Ice Update

Update! There is FINALLY a thin coating of ice on Lake Wallenpaupack! Hopefully it will continue to thicken in time for the Ice Tee Tournament!!!
20120118-135947.jpg

Lake Wallenpaupack – Still Not Frozen!

This has been a weird winter in Northeast PA.  It seemed so – ominous – when we got that crazy blizzard in October.  I had visions of Laura Ingalls Wilder’s  ”The Long Winter” in my mind…I wanted to stock up on some essentials – oatmeal, coffee, beans, rice, flour…and brace myself for a long winter of snowy days, a hot fire in the wood stove, fresh baked bread and a wholesome, hot, whole grain breakfast every day…

But alas, Old Man Winter pulled a fast one. I can almost hear his crotchety old voice saying “Gotcha! Ha ha ha!”  It has been a somewhat mild winter, with a few days of bitter cold (and lots of complaints on Facebook) but really…the weather has not been cold enough to freeze Lake Wallenpaupack at ALL, let alone make it solid enough for the much anticipated Ice Tee Tournament by Ehrhardt’s on the the lake.  Only a few spinkles of snow, as if Old Jack Frost was playing with a sifter and some confectioner’s sugar…and no ice.  Yet.

Lake Wallenpaupack

Sprinkles of Snow Here and There, But No Ice Yet...

Because of this, the Ice Tee tournament has been postponed to February 26, 2012.  (As of this writing, the date has not been changed on that website)  I’m glad it’s not cancelled.

Though I can think of more pleasant ways to spend MY time (involving blankets, slippers, comfy chairs, wood stoves, and warm glasses of mulled Red Vixen from Antler Ridge Winery) a lot of crazy folk love getting out on the frozen lake and playing ice golf.  Hopefully we’ll get some good thick ice on old Wally ‘Paupack in time!

BTW, if playing ice golf isn’t your thing, we have more fun in store such as the annual Chili / Wing Cook Off and Crystal Cabin Fever – a fantastic indoor display of ice carvings and a gigantic 40 foot ice slide!   Check out the Pocono Lakes Region Chamber Calendar of Events for more!

Your Listing Expired…Again? Let’s STOP the Cycle!

It happens. Your home was for sale, sometimes listed multiple times with several agents. And once again, it’s expired, unsold.  Depressing…

Expired listings are not unusual.  In our market, it is “normal” for many homes to be on the market 2 or 3 or even 4 “cycles” before it sells.  Why is this?

1. Too Unique?  Sometimes, a truly unique property that is priced right, marketed properly, and in good condition needs an extended market time because something about it that makes it appealing to only a limited pool of buyers. Not many homes are like that – but some truly are.

2. Other Competition!   Our typical buyer is looking for a vacation home, and may also be looking in upstate New York, or even South Carolina as well as Lake Wallenpaupack.  So, buyers may come, look at several homes, like one or two…then end up buying in the Catskills.  It happens.

3. Marketing.  Sometimes, poor marketing is the problem.  If an agent lists a home but does not enter information into the MLS properly, the home may be missed by the target buyer.  Sometimes the pictures are so horrible and/or the description so uninspiring, the buyers skip to more interesting or well presented homes.

The Proof is in the Price

Most of the time, however, a listing expires for one reason:  it is overpriced.  Plain and simple…if it’s been on the market for hundreds and hundreds of days with few, if any showings, it is probably over priced.

Sadly, we can’t look back to 2006 and say “Back then this home was worth…”  and price it nostalgically.  Nor can we sell it on potential; the price must be based on the actual condition; pricing as if it were fixed or updated will almost guarantee an expiration.  If it is beautiful in every way but still priced way out of the market, it will expire.

I have been guilty of listing overpriced homes because I think it might work out.  In spite of the market analysis, the sellers insisted that “this was their price” and rather than let another agent get the listing, I agreed to list at the seller’s price instead of the market evaluation suggested price. It’s time to break this cycle. No more expired listings!

I spent a lot of time on overpriced listings in the past, and I don’t want to do it anymore. The MLS doesn’t need to be cluttered with more  homes that are priced way out of the ball park.  I am not doing sellers any favors, and I’m certainly not doing  buyers any favors…it is counter-productive to list a property too high.

Stop Chasing the Market

Overpricing a home can be dangerous.  If you price it too high to begin with, you may very well lose your chance to sell it at the CURRENT market value…and that’s not fair to anyone.

I’ve seen it happen:  the market evaluation suggests a price of $289,000.  Seller says “I am not going to give it away!” and insists on $349,000.  Buyers, expecting certain amenities that price range should get them, come…then leave, complaining to their agent that the home was not at all what they expected.   The home then languishes, the first wave of disappointed buyers are the only wave of buyers.  The buyers who would buy that home won’t know it exists because it’s priced above their budget and it won’t even come up in search results.

Listing expires.  Seller agrees to relist, but now at only $30,000 above the price suggested by the CMA.  Very few showings.  Seller grows increasingly annoyed with the agent.   Finally, near the end of the THIRD listing cycle, the seller reluctantly agrees to list at 299,000. But wait.

The problem:  in the meantime,  comparable homes have sold for $260,000 or so.  Or a builder lists his showpiece model featuring granite, hardwood, and glorious master suite for a lower price than this humble home with older carpets and out of date formica counters.  18-24 months later, the market evaluation of 289,000 is now invalid.  Overpricing leads to “chasing the market.”

The cycle needs to stop.  Agents need to say “The market evaluation suggests this price range.  I can not help you unless you are willing to price the home accordingly.”  

We’re not trying to be mean nor are we looking to grossly underprice for a “quick sale;”  the comps back up that suggested price.

Are you going to list to sell, or list to expire?

Wintering Wallenpaupack & Northeast PA

Wallenpaupack Icicles

Old Man Winter's Icy Fingers!

Wintering at Wallenpaupack!

Brrrrr!  The air coming off Lake Wallenpaupack feels as if it were coming directly from Antarctica! Even with no breeze to speak of, it be mighty cold! When I reluctantly crawled out of my warm nest of fleece and multiple quilts, the temperature outside was 3.4 degrees. The nip in the air INSIDE of my house hurt my nose!

I should not complain, for with the exception of our crazy October blizzard, we have had a pretty mild season so far.  The children and I have also been longing for some more snow (the Mr. of the house, however, has enjoyed the lack of white fluff.)  This is a great disappointment to the snow bunnies as well; but the good news for them is that Ski Big Bear at Masthope is in operation!

While real estate showings during the winter may not be as numerous as in the warmer months, I do still show (and sell) homes all winter long.  Here are some things to keep in mind when searching for homes in Northeast PA while in the grip of Old Man Winter.

  • DRESS WARMLY!  This may seem like a “duh” or a statement from Captain Obvious, but it is NO JOKE that our air here can be quite a bit colder than it is where the buyers are from!  Be sure to bring a hat, a scarf, and warm gloves.  Many of the homes we see will be “winterized” and therefore will NOT have the heat on and, on a side note… the bathrooms will be inoperable.
  • WEAR WINTER FOOTWEAR!  Right now we do not have much snow and no ice to speak of.  That is NOT the norm.  Please wear water resistant boots with GOOD TRACTION.  Some of the homes we visit may not have plowed driveways or walkways.  I usually have a shovel with me and some rock salt, but remember – even though real estate in the Poconos ain’t exactly like buying a home the Rockies (well, okay, it’s not even close), you are still coming to “the mountains.”  Landscaping is “natural” and “rough.”  :)
  • PACK A LUNCH!  Depending on where we are, there may not be a convenient spot to grab a bite to eat. I usually bring my own lunch with me and nibble while driving in between houses.  (Besides, McDonald’s is really bad for you!)  That said, you could wrap up the day with a delicious supper at one of the local restaurants. I can get you a 10% discount for a delicious sit-down meal at Ehrhardt’s Waterfront Restaurant on Lake Wallenpaupack!  Another fine restaurant on Lake Wallenpaupack is Gresham’s Chop House, with great views of the lake.  If you are a guest at Gresham’s Motel you will get a 10% discount at the Chop house!
  • BEWARE OF TOO MANY BEVERAGES! Remember my side note above – many of the homes are winterized and will not have operable bathrooms. Additionally, we may not be near a public restroom.
    That said, it might be a good idea to bring a thermos of hot coffee to warm you up between homes.

  • FILL YOUR TANK.   Depending on the properties chosen, we may cover 200 miles or so in a day!  While this isn’t a barren wasteland by any stretch of the imagination, certain areas do not have service stations right around the corner.  So make sure you have a full tank before we start out…we may be 15-20 minutes or so away from the nearest gas station!

I’m ready to brave the elements if you are! If you’ve been thinking about buying a Northeast PA vacation home in Cobbs Lake Preserve,  Wallenpaupack Lake Estates, The Hideout, Masthope, Fawn Lake Forest,  Hemlock Farms, Tanglwood Lakes, or even a Wallenpaupack Lakefront home, I am your girl!

 Call me, Karen Rice, REALTOR,  directly at 570-647-5170 and let’s get started.  If we look NOW, chances are good you will have your new vacation home by Memorial Day!  And if you’re REALLY serious, there is still time to get your mountain home in time to still enjoy the ski season!

Coming Up: My next post will feature ideas and activities for enjoying Winter in Northeast PA and Lake Wallenpaupack!


Spinnler Point Lake Wallenpaupack Lakefront

Lake Wallenpaupack: Spinnler Point Lakefront


Lake Wallenpaupack Birds of Prey Encounters – Coming Soon!

One of the wonderful changes to the Lake Wallenpaupack area I have enjoyed seeing is the population growth of the bald eagle.  In all of my years growing up around Lake Wallenpaupack and both the Lackawaxen and Delaware Rivers, bald eagle sightings were extremely rare.  I never saw one first hand; I only heard people telling tales of seeing them.

In recent years however, the bald eagle has become a more frequent sight.  One Christmas morning, not too long ago, I saw something swoop by my living room window.  Glancing into the hemlock tree outside I spotted, not Santa Claus or a reindeer, but this majestic fellow.  He (or she) was gracious enough to pose for me before flying off again.

Eagles in Wallenpaupack Area

Eagles Are Making Their Homes Here

Interested in eagle watching here in Northeast PA, Lackawaxen River,  and the Upper Delaware River region? Here are some websites to bookmark:

Checking out the PPL Preserve Calendar of Events, I noticed the next two items on the calendar involve birds of prey.  Save the dates, as you won’t want to miss them!

Close Encounters with Birds of Prey

Saturday, January 28

1 p.m.

PPL Wallenpaupack Environmental Learning Center

Presenter: Bill Streeter, Delaware Valley Raptor Center

 

Would you like to see a golden eagle, a peregrine falcon or perhaps a saw-whet owl? Join Bill Streeter, director of the Delaware Valley Raptor Center, for this program to learn about these and other birds of prey. You’ll see six live raptors and spend a magical hour gaining a greater knowledge and appreciation of the raptors of the northeast.

Streeter, who has a bachelor’s degree in biology and a master’s degree in zoology, will entertain as well as educate you with the knowledge he has gained through over 30 years of studying and rehabilitating raptors, and through practicing the ancient art of falconry.

 

 

Annual Winter Eagle-Viewing Trip

Saturday, February 4

Two time slots:

8:30 a.m. to noon

or

1 – 4:30 p.m.

Meet at PPL Wallenpaupack Environmental Learning Center

Presenter: Katie Lester, PPL

 

Learn about the incredible comeback of the bald eagle in the Lake Wallenpaupack area and the role PPL’s hydroelectric dam has played in their return. Explore eagle biology, habitat needs and proper eagle-viewing etiquette. This free program will begin at the center followed by a guided eagle-viewing bus tour of the Lackawaxen River that leaves from the center. Transportation is provided. Pease dress for the weather and bring binoculars.  his program is free, but space is very limited. Registration is required. To register, contact PPL at 570-253-7001 or pplpreserves@pplweb.com.

 

 

TIME TO SKI At Ski-Big Bear, Masthope Mountain…and time to Buy Your Ski House Too!

Ski Big Bear at Masthope Mountain is open!   From Monday, December 26th through Friday, December 30th, we will be open from 9am – 9pm.  New Year’s Eve, Saturday, December 31st, Ski Big Bear will be open from 9am – 7pm.  See the official Ski Big Bear website for their regular hours of operation and other information.

When you make plans to Ski Big Bear this week, be sure to stop by the open house on 135 Karl Hope Blvd. on Wednesday Dec 28, Thursday Dec 29, and Friday Dec 30 to see this beautiful home for sale.  Open House times on all three days is from 12:00 noon to 3:00 pm.

See details of this GORGEOUS 5 bedroom home, built by Excel Homes with luxurious upgrades:


Masthope Luxury Chalet – Mountain Mansion!
Overview

Maps

Photos

Features

Description


Videos

Neighborhood

Open House

$324,900
Single Family Home
Main Features
5 Bedrooms
3 Bathrooms
1 Partial Bathroom
Interior: 4,000 sqft
Lot: 0.50 acre(s)
Location
135 Karl Hope, Masthope Mountain
Lackawaxen, PA 18435
USA


Karen E. Rice Karen E. Rice

Weichert Realtors Paupack Group
(570) 226-8240
karenerice@gmail.com
http://www.wallenpaupacklakeproperty.com      

Listed by: WEICHERT REALTORS Paupack Group

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