Buying With Selling In Mind...

A Stop Light is an illustrative tool that Mitch uses with buyers to preliminarily indicate developments that may have limiting issues which impact the desirability to many buyers.

The Most Typical Comment, By Existing Condo Owners, At Mitch's Open Houses...

Unfortunately most downtown condominium developments, using Mitch's ratings, are either Red or Yellow. Green developments account for the smallest segment of the downtown market! And, when current downtown condo owners stopped by Mitch's open houses, he would always ask how the folks liked owning and living in their current building/development. The most frequent answer given was that the current owners did not know, what they did not know, before they bought! And most said had they known the actual downsides in their building, they most likely would not have purchased as they did.

So, these objective elements should be considered as to the impact on your future efforts to quickly resell the property and these limitations may also negatively impact future appreciation of the property in comparison to other developments.

Start Receiving Downtown Condo/Townhouse Searches
Grouped As Green, Yellow Or Red Developments"

Select Each "Color" Below For Additional Clarity

GREEN

"RUN... DON'T WALK"

For the most part these developments don't have definitive issues like atypically high HOA fees, litigation, known defects, too many renters or other similar issues that could adversely impact long term appreciation.

Note: There can always be individual units within every development that could have issues related to views, floors in the building, parking or floor plan/configuration issues that would make that particular unit a "Flashing Red" unit

FLASHING YELLOW

"THIS ONE IS COMPLICATED"

However these developments are either too new and therefore are unproven and typically also carry some sort of "baggage" or they are in the process of rebounding from prior issues and again it's too soon to predict to when these issues, that have historically limited this development, will be 100% resolved. Because of that it's more difficult to predict to what degree resale capabilities, as well as the timelines to resell these condos, when compared to how the downtown market as a whole performs.

FLASHING RED

"AT THE RIGHT PRICE...
EVERY PROPERTY MAKES SENSE"

For the most part these developments have definitive issues like atypically high HOA fees, ongoing litigation or a history of litigation, known construction defects, too many renters, too many condos owned by too few owners, an atypically low number of garage or outside parking spaces or other similar types of issues that might adversely impact long term appreciation, and future resale values as well as the timelines to resell the property when compared to how the downtown market as a whole performs.

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As A Seller... "I always felt relaxed and like his only client."

I always felt relaxed and like his only client. It is without hesitation that we recommend Mitch Rolsky as a real estate agent for both the buy and sell side.

We have worked with Mitch twice in the purchase of a downtown Indy home and then with the subsequent sale of the same house just over 2 years later. Mitch's guidance allowed us to purchase the home in a desirable location at a price level that was at the lower end of the market range at that time. During the sale of the home, Mitch paid no attention to what the home was sold for earlier but focused on what the market would bear. Mitch focused on selling the value of the home and the location as opposed to price. He knows the market extensively and set a selling price and sales strategy that worked perfectly in a softening seller's market.

We moved because of a career change which forced us to move away during the sales process. Mitch took care of everything from there....in essence, we left our entire belongings in the care of Mitch. Friendly, detailed, trustworthy, knowledgeable and professional are but a few of the attributes of Mitch. Thanks Mitch....

ANNIQUE & MARTY G.

Recent Sales

As A Buyer... "Purchasing Indy real estate virtually from California during covid, was not within my comfort zone."

Purchasing Indy real estate virtually from California during covid, was not within my comfort zone. I needed an agent to patiently show me things as though I was there myself, speak with blunt honesty and find balance between my "desire" list and a stable long term investment.

Mitch doesn't miss a beat! He is highly intelligent, engaged with his clients - stellar communicator with a wealth of wisdom not only through the home buying process, but in life. I always felt relaxed and like his only client, yet knew he was doing much hard work in the background.

I've heard in life that "your realtor is your best friend!" Best friends work for your best interest; he was always right there and always told it like it was....so appreciated!!! He exceeded all expectations and hope to work together again in the future!

KRISTINA & ROBERT O.