Here's how the week went.
My client and I are still waiting to hear about his bid on a Silverlake property being sold by Better Shelter. If you're not familiar, BS does a lot of very nice rehabs, mostly on the eastside.
Other clients and I were so excited to learn that a home they liked in Sherman Oaks was actually available. Yes, it had had other offers, but was not in a bidding war! Sound too good to be true? Well...the agent insisted that her client would take nothing less than full price. The seller needed to find a replacement home, but that was not a contingency for selling the current home. So we wrote a full-price offer. And were then told that the seller needed at least a 30-day rent-back, or longer, after close of a 45 day escrow, as she didn't want to move twice. Long-term rent-backs are extremely rare and very unpopular, so we declined and the negotiation ended. The seller then raised her list price by $10k. Good luck with that...
And here's another reason that inventory may be short: sellers are selling their homes privately. I was about to list a nice home in Woodland Hills, but the neighbors approached the sellers with an offer first. No Realtor is involved.
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R.E. follies of the week
R.E. follies of the week
Artikel Terkait R.E. follies of the week :
Outstanding property of the week in Sherman OaksThe picture is not good, but I had the rare pleasure of showing this 3-acre property yesterday at 15036 Marble in Sherman Oaks (l ...
Just sold a Silverlake duplex. Termites did not convey with the property.Client Mario just closed on an adorable, redone (i.e. flipped) two-on-a-lot property in Silverlake. This was pretty thrilli ...
Open today, Sunday, 11/4, 1-4 pm: 4484 Stansbury in Sherman OaksThis delightful 3 bedroom, 2 bath home with units and a pool will be open today from 1 to 4. Steve and I will be hosting.&n ...
Who is Dorothy Townsend and what does she have to do with real estate?Dorothy Townsend, an L.A. Times journalist from 1954 to 1986, was the first female staff writer to cover local news in a city roo ...
13137 Margate, Sherman Oaks is closed13137 Margate is a darling Mellenthin in Sherman Oaks and is now owned by my buyers, Sang and Anh. The escrow couldn't have ...