If you picked up a copy of today’s Boston Herald, make sure to check out the article about Curt Schilling selling his Medfield home. ERA Boston Real Estate Group’s own Brian Rugg appears in the article to give his expert commentary and advice to this Schillings, who are having trouble selling the house. Here is part of the article:
"We’re guessing that former Red Sox ace Curt Schilling has a pretty good retirement plan now that he’s decided to hang ’em up. Because No. 38’s investment in Massachusetts real estate hasn’t exactly been keeping him in clean socks!
Schilling, who just announced his retirement from baseball, has lowered the price on his marvy Medfield manse to $5 million - some $3 million less than when he first put it on the market.
Now that’s a steal!
The 11,000-square-foot, three-story house, with attached eight-car garage, has been on the market for more than a year - with no takers.
So last week, Schilling and his bride, Shonda, bit the bullet and shaved a whopping $3 million off the price.
“A basic rule in the world of real estate is this: if something is on the market at a certain price and it doesn’t sell for a year, it’s overpriced,” said Brian Rugg, a Realtor at ERA Boston Real Estate Group and the author of the Boston Real Estate Report, which tracks housing sales in Greater Boston. “You don’t have to be a professional to figure that out.”
To continue reading the article, click here.
