In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🏡 Cary Real Estate: Properties Sold in Cary Last Week

💡 Gary Yellin’s Client-First Approach Wins Hearts in Cary

💡 Real Estate Commission Practices Overhauled Post-NAR Settlement

This is the Real Estate Edition: local news and events will be back on Tuesday.

Dear Reader,

We look forward to sharing news, spotlights of businesses and events that make our vibrant community a great place to live, work and play. We need your help.

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Simply hit reply or have your Realtor contact me at [email protected].

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They don’t have to be an expert in all of these areas. More importantly, they have to be focused on serving the community and can play nice with others.

Chris Coetzer
Founder/Publisher
Cary Spotlight

P.S. If you seeing this message, then there are still spots available.

Question: Who is the first to complete a solo nonstop transatlantic flight?

(Answer at the bottom of the newsletter.)

Properties Sold in Cary, NC for Week of 21 April 2024 (Data source: Redfin)

Property Type: Single Family Residential.

There were 22 properties sold in Cary, NC during the past week. Please note that we exclude land sales and townhouses. Here are a few statistics based on the sales from this past week:

The average price for all properties sold is $773,075

The average size in square feet for houses sold is 2,617

The average price per square foot for houses that sold is $297

The number of homes sold by Postal Code:

• 27511: 5 homes

• 27513: 1 homes

• 27518: 2 homes

• 27519: 13 homes

The properties are listed from highest SOLD PRICE to lowest:

Click on the address to view listing.

6316 Rambleford Drive Dr, Cary, NC 27519
Sold Price: $1,626,000, Beds: 5, Baths: 4.5, Size: 3901 sq ft

503 Foxdale Ridge Dr, Cary, NC 27519
Sold Price: $1,200,000, Beds: 4, Baths: 3.5, Size: 3503 sq ft

204 Wood Lily Ln, Cary, NC 27518
Sold Price: $1,200,000, Beds: 4, Baths: 3.0, Size: 3590 sq ft

4328 Chandler Cove Way, Cary, NC 27539
Sold Price: $1,095,000, Beds: 5, Baths: 4.0, Size: 3942 sq ft

309 Beauclair Ct, Cary, NC 27519
Sold Price: $1,000,000, Beds: 5, Baths: 4.5, Size: 3655 sq ft

1416 Betasso Dr, Cary, NC 27519
Sold Price: $900,000, Beds: 4, Baths: 3.5, Size: 3380 sq ft

804 Alden Bridge Dr, Cary, NC 27519
Sold Price: $890,000, Beds: 5, Baths: 2.5, Size: 3177 sq ft

2060 Crampton Grove Way, Cary, NC 27519
Sold Price: $850,000, Beds: 5, Baths: 4.0, Size: 3244 sq ft

304 Parkgate Dr, Cary, NC 27519
Sold Price: $785,000, Beds: 4, Baths: 3.5, Size: 2531 sq ft

207 Cranborne Ln, Cary, NC 27519
Sold Price: $785,000, Beds: 4, Baths: 2.5, Size: 3210 sq ft

423 Halls Mill Dr, Cary, NC 27519
Sold Price: $780,000, Beds: 4, Baths: 2.5, Size: 2871 sq ft

512 Clarenbridge Dr, Cary, NC 27519
Sold Price: $650,000, Beds: 2, Baths: 2.0, Size: 1622 sq ft

305 Fairwinds Dr, Cary, NC 27518
Sold Price: $645,000, Beds: 3, Baths: 2.5, Size: 2492 sq ft

716 Delta Downs Dr, Cary, NC 27519
Sold Price: $595,000, Beds: 4, Baths: 2.5, Size: 1915 sq ft

104 Crystal Brook Ln, Cary, NC 27519
Sold Price: $562,000, Beds: 2, Baths: 3.0, Size: 2559 sq ft

1308 Bloomingdale Dr, Cary, NC 27511
Sold Price: $535,000, Beds: 4, Baths: 2.5, Size: 2222 sq ft

206 Caraway Ln, Cary, NC 27519
Sold Price: $527,000, Beds: 3, Baths: 2.5, Size: 1535 sq ft

1303 Doylin Dr, Cary, NC 27511
Sold Price: $527,000, Beds: 3, Baths: 2.0, Size: 1548 sq ft

106 Colora Ct, Cary, NC 27513
Sold Price: $520,000, Beds: 3, Baths: 2.5, Size: 1720 sq ft

147 Lee Cir, Cary, NC 27511
Sold Price: $501,000, Beds: 4, Baths: 2.5, Size: 2257 sq ft

1021 Winwood Dr, Cary, NC 27511 
Sold Price: $435,000, Beds: 3, Baths: 2.0, Size: 1278 sq ft

207 Mainsail Dr, Cary, NC 27511
Sold Price: $399,650, Beds: 3, Baths: 2.5, Size: 1430 sq ft

Click Here For the Full List of All Properties Sold Last Week

Gary Yellin’s Client-First Approach Wins Hearts in Cary

Gary Yellin and Associates stands out as more than just a real estate company in Cary; it is a foundation of community engagement and a leader in personalized client service. For over 27 years, owner Gary Yellin has developed a practice that focuses on deep connections rather than simple transactions, making each client feel part of a larger community.

From the beginning, Yellin’s philosophy has been simple but transformative: service over sales. This approach has resonated with clients, leading to a business largely sustained by referrals and repeat customers. Yellin’s reputation is supported by awards such as "Best of Cary Realtor" and recognition from the local business network Alignable, highlighting his influence in the area.

Yellin employs a distinctive method in his practice; he ensures personal attention to every client by handling all aspects of the buying or selling process himself. His commitment extends beyond typical office hours, demonstrating his dedication by being readily available to meet client needs at any time.

His approach to real estate is holistic. Yellin believes in listening more than speaking, a principle that allows him to truly understand and fulfill his clients' needs. He is known for offering creative solutions and infusing humor and positivity into every interaction, transforming stressful transactions into enjoyable experiences.

Beyond his professional achievements, Yellin’s community involvement is extensive. From hosting charity bingo games and breakfast clubs benefiting local service workers to volunteering with Special Olympics and Habitat for Humanity, his contributions reflect a profound commitment to Cary and its residents.

Yellin's personal journey from non-profit executive to top-producing realtor showcases his diverse skills and passion for assisting others. His philosophy of treating each client’s transaction as the most important is the foundation of his enduring success and client satisfaction.

In Cary, where Yellin has both observed and facilitated its growth, he continues to help residents navigate one of their most significant life decisions with a blend of expertise, care, and community spirit. Whether you’re buying your first home or seeking a fresh start, Gary Yellin and Associates promises not just a house, but a home filled with laughter and love.

Contact Info for Gary Yellin
Realtor
Gary Yellin and Associates
website: https://garyincary.com/
Phone: 919-280-3732
Email: [email protected]

Real Estate Commission Practices Overhauled Post-NAR Settlement

During a recent educational event hosted by Blackwell Mortgage in North Carolina, Vic Knight, a seasoned real estate professional with 40 years of experience, provided crucial insights into the evolving landscape of real estate commissions in the aftermath of a significant NAR settlement.

The event, part of a series called "Beyond Transactions: a Third Thursday Real Estate Mastermind," took place just days after the settlement, making it highly relevant for the attending real estate professionals. Knight explained that the traditional practice where the seller’s commission was split between the listing and buyer’s agents at closing is no longer a standard procedure. Now, buyer's agents are required to negotiate their commission directly with the listing agents. This shift could potentially lead to additional costs for buyers, as they might have to compensate their agents if the listing agents offer a lower commission than expected.

This change reflects a move towards more transparent dealings in real estate transactions, although it has led to confusion and misconceptions among consumers.

Some believe that the changes might reduce the costs of buying homes or eliminate the need for a realtor altogether, which industry experts quickly debunked. Knight’s discussion also highlighted the critical roles realtors play in ensuring clients make informed decisions and secure favorable deals in their real estate transactions.

Realtors assist with everything from providing comparative market analyses to negotiating terms and handling complex paperwork. Despite the changes in commission structures, the value of having a skilled realtor remains high, underscoring the importance of professional guidance in navigating the new rules and ensuring that buyers are aware of all potential costs involved.

Read Full Article

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