News & Thoughts

Images of Our Completed Cape May Project

Here are images of D2-2’s most recent project, a Cape May shore cottage, which was sold July 10.

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D2-2 Logo
 
 
 
 
Myers Made LogoThe project featured Myers Made cabinetry.

Comments from the showings: “Price: At Market Value; Condition: Excellent; Layout: Excellent; Location: Good; Size: Just Right; Additional Comments.: My buyers like the property. I showed it before the D/2 did the magic on it..what a great job!!”

Cape May Property Listed for Sale

D2-2 Development has completed development of a cute beach cottage at 1223 Washington St. in Cape May, NJ. The property is now listed for sale at $489,000.

What’s been done? Completely new plumbing, electrical and HVAC (forced air heat and A/C). New fixtures and appliances in the kitchen and bathrooms. New interior and exterior paint. New roof. The property has three bedrooms and a full bathroom on the second floor. The first floor has an enclosed front porch, living and dining areas, new kitchen, a powder room, and screened rear porch overlooking a koi pond. Images can be seen here.

If you are interested in purchasing this property, please contact Diane Menke at menke dot diane at gmail dot com, or Dana Priesing at danapriesing at gmail dot com.

Kissing Frogs

In the kind of spec real estate I do, I “Kiss a Lot of Frogs”.

By this I mean I have to look at dozens of listings before I find a few worth seeing. Of those, I may “run numbers” on most of them once I see them or even before I do. But I’ll only put an offer on a few. Of those offers, only one or two might be accepted or countered.

All of that means my agents and I need to constantly be on the look out for property I want to know about. How does it work?

1.       My primary agent sends me local sales updates for available property that fit my criteria every few days or even more often than that.

2.      When a property is worth seeing we schedule to see it very quickly. We go together to discuss what we think the place needs in order to sell.

3.      I run my calculations to make sure I cover all costs in my assumptions. I share this information with my agent so we are on the same page.

4.      My agent checks what the property should sell for when done, based on comps, and his deep knowledge of the area and whats happening in it.

My agent understands I need to “Kiss a Lot of Frogs”, but I try to be conscious of not wearing him out with time wasters. The goal is to buy and sell, not just look.