“she told me her home on Paseo Del Rey (east of 805/around H Street) was offered 1M to sell, but she refused…”

My parents sold their house in LA in November. They, too, got several over-the-top offers…. but when it came time to sign contracts, the potential buyers started mumbling about contigency sales, not being able to pull money out of the stock market, waiting until spring, etc.

My parents did sell to a committed buyer, but the “fluff” offers were annoying. Same as when people tell me their house could sell for XXX since their neighbor’s house just sold for XXY, “and they don’t even have granite countertops.”

Strange how you never hear “I’ll have to knock $50K off the asking price for that botched kitchen remodel I started last year.” Instead, they want to charge more for the “opportunity to put in your own touches!”