I thought this was incredible. My granddaughter’s daddy works in the foreclosure market. He went out for dinner the other night after entering a new listing into the MLS. When he came home his office floor was covered with faxes (all mixed up) representing 53 offers. Price $280,000. Ultimate sales price $370,000 (all cash) quick close. That beats the most offers in my career. Properties in foreclosure under $500,000 in California are selling (the big majority) with multiple offers. The buyers are in recognition of the incredible opportunity they have and acting on that recognition. Lesson: You never know, if the market has bottomed out until you turn around and you are heading uphill, once again. He who hesitates is going to pay more.
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Posts Tagged ‘bottomed’
53 Offers, Can you believe it??
Barbara Amstadter
Named 2009 "Realtor of the
Year", Barbara
Amstadter is a name well recognized in the local community. She served as a co-founder of the "Committee of 4000", representing the owners of 4000 leasehold parcels in a legal fight for "leaseholder" rights. She helped negotiate the final monetary settlement, the largest in US history at the time.
Susi Scholl
Susi brings extensive
backgrounds in escrow
and new home sales to the 22 year successful partnership of Barbara and Susi. She is, also, a recipient of the 15 year "Legend" award (bestowed on only 3 agents out of 66,000 worldwide at the time). Susi and Barbara have been ranked in the top 1% of realtors internationally year in and year out.
