How To Get Thirteen Offers In Five Days | Wasilla Real Estate News, Valley Market Real Estate

How To Get Thirteen Offers In Five Days July 29th, 2008

Categories: Deals of the Week, Market Trends

This house came on the market just last week for $148,500. This is a house that Hall Quality Homes built in 1998. He still builds this model for about $230,000 or so.

This is a VA foreclosure that for some reason was listed at a lower than expected price. The listing price is not determined by the listing licensee, who was Elizabeth Macmullen, but by the asset manager for VA.

If you were on my motivated seller list you would have been notified of this fantastic deal. …by the way…just drop a line if you want to be on it….

There was a lot of interest in this house as you might imagine. In fact, by yesterday there were thirteen offers on the property and of course the seller accepted the highest bid.

I’m not sure what the final price was but it was likely at least $20,000 higher than the asking price.

So there are a couple lessons to be learned here.

First…If you want to sell your house right away just underprice the market by about $50K
Second…There are a lot of ready and willing buyers out there right now, they are just waiting for a good house at a good price.

If you are looking for a good deal…I have at least two houses in mind right now that will likely sell before a week is up. Give me a call on my cell 907 232–7900

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This entry was posted on Tuesday, July 29th, 2008 at 6:47 pm and is filed under Deals of the Week, Market Trends. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Susan Hilton - Texas Aggie Realtor said at August 3rd, 2008 at 5:01 pm
Great job! I agree! There are only 2 reasons a property doesn’t sell – price & exposure. Looks like you got both covered on this property!