32 offers or more in 3 days on a single property

[an]

Wouldn’t this be the logical strategy to employ in this kind of market instead of just listing at a ridiculously high price and hoping someone will make an offer? Then chase the market down when no offer comes? If it goes for $500k, I’m pretty sure it wouldn’t get that kind of attention and amount of offers if it was listed @ $550k like 2 other ones a few blocks away. I guess the bank will lead this market down just like everyone predicted.

To all the realtors out there, here’s a question: If it does sell for under $500k, how likely will this affect the comp? Can you then take this sale to a listing nearby as comp and submit an offer around that range?

[SD Realtor]

Make no mistake it is a comp killer, even at 500k it will be a comp killer. The same floorplan on Entreken (which I have been in) has been very well taken care of. The problem is that it backs up to Carmel Mountain. Like AN said (and you most likely know if you have a client who is searching there) most places in that part of town at that approximate sf pricing starts at the mid 500’s.

As I am a scrooge according to most people who have listing appts with me these days my pricing recommendation would make them crabby. I think even if they started priced at the 475k – 500k even they would have most likely moved the house inside a week or two.

SD Realtor

[SD Realtor]

Make no mistake it is a comp killer, even at 500k it will be a comp killer. The same floorplan on Entreken (which I have been in) has been very well taken care of. The problem is that it backs up to Carmel Mountain. Like AN said (and you most likely know if you have a client who is searching there) most places in that part of town at that approximate sf pricing starts at the mid 500’s.

As I am a scrooge according to most people who have listing appts with me these days my pricing recommendation would make them crabby. I think even if they started priced at the 475k – 500k even they would have most likely moved the house inside a week or two.

SD Realtor

[SD Realtor]

Make no mistake it is a comp killer, even at 500k it will be a comp killer. The same floorplan on Entreken (which I have been in) has been very well taken care of. The problem is that it backs up to Carmel Mountain. Like AN said (and you most likely know if you have a client who is searching there) most places in that part of town at that approximate sf pricing starts at the mid 500’s.

As I am a scrooge according to most people who have listing appts with me these days my pricing recommendation would make them crabby. I think even if they started priced at the 475k – 500k even they would have most likely moved the house inside a week or two.

SD Realtor

[SD Realtor]

Make no mistake it is a comp killer, even at 500k it will be a comp killer. The same floorplan on Entreken (which I have been in) has been very well taken care of. The problem is that it backs up to Carmel Mountain. Like AN said (and you most likely know if you have a client who is searching there) most places in that part of town at that approximate sf pricing starts at the mid 500’s.

As I am a scrooge according to most people who have listing appts with me these days my pricing recommendation would make them crabby. I think even if they started priced at the 475k – 500k even they would have most likely moved the house inside a week or two.

SD Realtor

[SD Realtor]

Make no mistake it is a comp killer, even at 500k it will be a comp killer. The same floorplan on Entreken (which I have been in) has been very well taken care of. The problem is that it backs up to Carmel Mountain. Like AN said (and you most likely know if you have a client who is searching there) most places in that part of town at that approximate sf pricing starts at the mid 500’s.

As I am a scrooge according to most people who have listing appts with me these days my pricing recommendation would make them crabby. I think even if they started priced at the 475k – 500k even they would have most likely moved the house inside a week or two.

SD Realtor

[an]

When you have a place like this that’s comp killer, does that only affect newer listing coming on the market who are distressed, i.e. REO or short sale? Or will currently listing readjust accordingly?

[an]

When you have a place like this that’s comp killer, does that only affect newer listing coming on the market who are distressed, i.e. REO or short sale? Or will currently listing readjust accordingly?

[an]

When you have a place like this that’s comp killer, does that only affect newer listing coming on the market who are distressed, i.e. REO or short sale? Or will currently listing readjust accordingly?

[an]

When you have a place like this that’s comp killer, does that only affect newer listing coming on the market who are distressed, i.e. REO or short sale? Or will currently listing readjust accordingly?

[an]

When you have a place like this that’s comp killer, does that only affect newer listing coming on the market who are distressed, i.e. REO or short sale? Or will currently listing readjust accordingly?

[Anonymous]

I like how on the 4th picture on the far right you can tell the door is smashed to bits. I wonder what condition the place is really in since they only would show the best parts of the house.

[Anonymous]

I like how on the 4th picture on the far right you can tell the door is smashed to bits. I wonder what condition the place is really in since they only would show the best parts of the house.

[Anonymous]

I like how on the 4th picture on the far right you can tell the door is smashed to bits. I wonder what condition the place is really in since they only would show the best parts of the house.

[Anonymous]

I like how on the 4th picture on the far right you can tell the door is smashed to bits. I wonder what condition the place is really in since they only would show the best parts of the house.

[Author]

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