Thanks to the readers who sent in this article – and it makes you wonder how many offers any house for sale would get if listing agents didn’t shut down the showings so quickly:
CITRUS HEIGHTS, Calif. (KTXL) — A Citrus Heights home in a quiet cul-de-sac received 122 offers in one weekend on the market.
The 1,400 square feet home has three bedrooms, two baths and a spacious backyard with a swimming pool and an asking price of $399,900.00.
“People would think that it was underpriced. It was not underpriced. It was straight on with the comps,” said Deb Brittan, the listing agent for the property. “I had hoped, I thought, maybe if we get 20 offers that would be amazing.”
Barry and Anita Jackier are the sellers of the Citrus Heights home.
“We had this little friendly wager going. I’m like, ‘I think we’re going to get eight offers,” Anita Jackier said.
“I said 10,” Barry Jackier said.
They all underestimated the number of offers, by a lot.
They received 122 offers in one weekend.
“That’s 121 people who didn’t get a house. And that’s kind of heartbreaking in this market to think that there are so many buyers out there. And if you don’t have an agent that understands how to put a strategic offer in on a house and get it accepted, you’re just out burning your gas and a lot of emotional turmoil because of the nature of our market currently,” Brittan said.
Brittan says the highest offer was above $500,000, but that was not the winning offer. There were other factors to consider.
The couple is buying a home in Idaho.
They need time for the escrow to close on that home, so one big factor was they needed a buyer to wait until that happens before moving in.
“I’d like to think that the buyer that was supposed to have gotten the house, has gotten the house,” Brittan said.
The selling price of the home was in the mid-$400,000 range.
“We have so many great memories. And that’s going to be hard to let go of,” Barry Jackier said.
“But you know what I’m excited about is now another family gets to have a blank palate to make all those memories on. We are keeping those memories and they have an opportunity to start their own,” Anita Jackier said.
The couple said they felt called by God to move to Idaho and from that perspective, it’s a miracle they were able to find a home there.
“That house was on the market for three hours,” Anita Jackier told FOX40.
“So I don’t know that it’s going to slow down any time soon. And I don’t know what it’s going to take to slow it down,” Brittan said.