Banker & Tradesman is reporting that real estate mogul Jack Conway has had a difficult time finding someone to buy his own home:
All Jack Conway needs is someone just like himself.
Eleven years ago, the owner of the Norwell-based real estate firm was in the market for a new home …
… Now Conway is hoping to attract someone with similar enthusiasm for the home, which has been extensively spruced up and remodeled over the years. The property has been on the market for nearly a year, and Conway is pulling out all the stops to land a deal – including putting a new spin on how to stage a home …
… Conway has also adhered to the popular Realtor mantra of “pricing the house right.” Initially listed at $699,000, the home is now priced at $520,000 – well below its reported assessed value of $568,000.
Even with his textbook treatment of marketing a home in a tough market, Conway acknowledged, “Well, my home is still for sale.”
From the photos in MLSPIN, the home looks adorable. Over 2,000+/- square feet on three+ acres, 3 beds, 2 baths, 4 fireplaces, 2-car garage, separate barn, in-ground pool, etc., etc., etc. All for $520,000.
Source: Mogul Moves – Banker & Tradesman