I mentioned a month or so ago that it sure is nice when a listing client listens to pricing recommendations. The transaction I was speaking of closed just a few hours ago, so I can now say it out loud: Within 5 days, we got a full price cash offer.
(And no, it was NOT a fire sale. We actually set the current record for highest price per square foot. Our client gets the credit for having the cleanest unit in the whole complex!)
And they said there are no buyers!!
There are buyers, just no dumb buyers. One thing the Internet has done is to make it easy for homebuyers to do extensive research all on their own! By the time they start physically touring homes, they've surfed many, many homes -- and they know what value is. Hoping and praying that someone will come along and pay too much for an overpriced listing? Highly unlikely!
My seller and I went on our own tour together and looked at solds, pendings, and active listings. She got to self-discover what is happening in her neighborhood (Cambridge Village in Bradenton) ... then got to pick the price range that we figured would get her a contract within her timeframe (a month or so). We actually priced the house towards the high end of the range!
Just 30 days later, she is on her way to her new life in a new city with her cash in her pocket. Is she happy or what???
Here is the closing gift she gave us:
Why is the Realtor in the client's bathtub with all his clothes on??
The seller is a good friend and former co-worker of mine, and I helped her fix a dripping faucet in her tub (we provide many services for our clients but plumbing is not USUALLY one of them!). She caught me in the act with her camera, framed it, and gave it to me at closing.
What a great day, and a great transaction! Onward and upward.