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 :
All contingencies removed on 4604 Norwich, Sherman OaksYes! Closing hopefully, next week. ...
My video is up on YelpMy video is up on Yelp. Just type in "real estate agents" near either Sherman Oaks, Burbank, Valley Village, Studio City, e ...
The year in real estate - part twoFor those of you who can't get enough of year-end lists, here's part two of mine. This will be more personal and have lots ...
Check out my new Yelp review!I was thrilled to receive this Yelp review from my client on recently-closed Weslin in Sherman Oaks: Judy recently handled ...
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 ...