Over 100 people attended my open-house on Saturday, which goes to show you that the market is alive and well if you can get the right combination of house condition and price.
I don’t worry about being under-priced, because I know that my method of maximizing the turnout at an open-house extravaganza will ensure that we will find top dollar. In fact, I prefer to have dozens of people mingling around at the same time, putting the fear of loss into each attendee.
Because I am willing to give each buyer and agent a fair crack at buying the house, the process naturally evolves into a slow-motion auction. I have two written offers in hand, and hopefully more to come – but we won’t wait around for days or weeks to pick a winner because buyers cool off quickly.
Here’s a tour of what went right:
Here is the regular tour of the whole house:
The Zillow link to the listing:
Link to ListingWe’ll be there again today, 12-3pm!
I thought the list price was at the extreme low end of BPO. Good call.
And a word of warning. Quiet. Once you get used to it everything else becomes annoying.
This nice looking house could really use a new door mat! 🙂
Let’s note that when you get the price right, you don’t need fluffing, staging, or even a new door mat!
Trees do not grow to the sky. Sellers are starting to get more wary about prices. Signs of a top has been evident for the last couple months. Warren Buffet lowered the cost of he beach house from $11 million down to $7 million. The 2nd biggest housing bubble in history has begun to lose air. Sometime in 2019 is when the sellers wars begin… lowering the prices of the houses to beat out other sellers on the street. This is when the housing bust starts. Coming soon.