Yeah, never had a situation where 2 buyers flaked out but I'm happy that I was able to get the seller an even higher price than the initial top buyer's offer. The market is definitely more tricky now and more due diligence is needed when selecting a buyer.
I registered a buyer over at Lily yesterday afternoon. Taylor Morrison is offering up a $25,000 broker co-op for Lily. Honestly, the price is on the high side compared to the closed comps.
Since I'm back from vacation and in the swing of things again, I wanted to tie off this thread. Talk about a rollercoaster with this home. I listed the home for $625,000 and received a total of 8 offers. The top offer was $685,000 and that buyer cancelled before even submitting their deposit...
Our buyer got laid off on Friday and our back up buyers that offered enough for the seller found other homes so the home is back on the market and I'll be hosting open houses this coming week on Nov 2nd and 3rd from 1-4pm. It's a shame because we completed the inspection and appraisal and were...
The condo sold on Thursday. The recorded sales price was $940,800. The contract price was actually $960,000 as the buyer was a semi active licensed real estate agent but asked me to represent her so they wouldn't have to pay their broker the commission split so we reduced the price by the 2%...
The buyer purchased the home for her older parents and will remodel the home before they move into it. It has a good location and a good floor plan and will look great once it's fully remodeled.
Of course, it's been a busy time clearing out the listing that I've had and especially with coordinating repairs as many of the buyers wanted the repairs done before closing. I'll post up an update for Irvine through September in the coming week as one has been long overdue.
Just got word from escrow that the transaction closed today. The final sales price was $1,435,000 and the seller also got a free 3 month rent back. I also represented the buyer who I met at the open house. Congrats to both the buyer and seller.
Good question. No, I've always tried to do the first and second weekend of open houses primarily to get a gauge of the traffic count as well as the buyer feedback on the home. That information gives me an idea of how the pricing of the home is. The secondary reason why I do open houses on my...
Yesterday morning I listed a turnkey detached condo located in the guard gated Harbor Village neighborhood of Harbor City (by Torrance) on MLS. The home was built in 2000 and features 3 bedrooms, 2.5 bathrooms, and has approximately 1,500sf of living space. The home is listed to sell fast at...