This was an accidental example – these two houses just happened to list a day apart. But it demonstrates a previous point about how an active listing nearby can help sell a neighbor’s house:
The first house has two offers in on it, but I’m guessing they are in the $500,000 to $550,000 range, which will prove to be challenging for an agent working his first listing. But the house down the street should help, because it’s over $100,000 higher yet not much better.
For some reason, the incongruity of that truck parked on the street reminded of me Dave Letterman’s truck which he’d parked in front of his Malibu home, and that offended Johnny Carson’s sensibilities. Carson absconded with the truck and broke the headlight, and Letterman sued him for damages. The dispute was resolved before Judge Wapner:
Part 1: http://youtu.be/vvb6W6jrA1o
Part 2: http://youtu.be/0nBZU8Nj9GI
Did you submit an offer… on the truck? 😉
I heard that when someone sells on a street it starts a trend of selling by others. A cluster of homes for sale if you will…..I would love to see that happen on a street where I have made past offers on a house. But so far it’s not happening. I wonder if this “cluster trend” only happens in certain price ranges?