The Situation
John and Jim co-owned the condo as an investment. They agreed it was time to sell, didn't want to pay anything upfront, and both were based out of state.
The Challenge
Two out-of-state decision-makers, association approvals, and tax planning: both owners were considering 1031 exchanges. Any misstep on exchange paperwork can cost an owner the tax deferral.
The Strategy
- Delivered a property snapshot, comparable sales, and a pricing strategy within a day of their request.
- Gathered the association documents and condo rider before launch, so the listing went live complete.
- Invested in professional photography to set the unit apart from other condos in the complex.
- Connected the owners with an exchange intermediary and kept the assignment paperwork aligned with title and the buyer's agent.
- Cleared a title question tied to a decade-old, already-satisfied judgment, and steered the association buyer approval and estoppel to completion.
The Result
Sold for the full $275,000 asking price, under contract 8 days after listing, and closed six weeks later with the 1031 exchange paperwork completed.
"What an outstanding agent for all our real estate needs. She sold our condo in record time in Cape Coral. She has always gone above and beyond for both our selling and buying needs. I highly recommend Carleen for all your real estate needs."