How did I put an extra $190K in my client's pocket? Oct 24 Written By Maggie Visser marketingcenter-sfbayarea-sfcityproper San Francisco has some of the most valuable real estate in the world. With so much money at stake, it is critically important to select an agent that can negotiate effectively. How did I put and EXTRA $190K into my client's pocket? Good negotiating skills and knowledge of property values. Here's how.... The 965 sqft house was initially listed at $1.395M.After 2 days on the market and only 1 showing, we dropped the price to $1,095M.4 Days later, a buyer submitted an pre-emptive offer for $1,401,127. I suggested that my client not accept the offer. Based on the level of interest, I suggested that my client set an offer date, hoping to receive multiple offers that can be played against each other. The seller received 3 offers on the offer date. After a couple rounds of negotiating, my client settled for a final sale price of $1,591,127 - that is $190,000 (14%) over the initial offer price. At $1,649/sqft, that's not too shabby for a little house with a brick foundation during Covid! Just Listed!49-51 Barcelona Avenue Vacant 2-Unit with Unparalleled City Views$2,9M Maggie Visser Top 4% SF RealtorDRE #: 01925742415.793.3470maggie.visser@compass.com Maggie Visser
How did I put an extra $190K in my client's pocket? Oct 24 Written By Maggie Visser marketingcenter-sfbayarea-sfcityproper San Francisco has some of the most valuable real estate in the world. With so much money at stake, it is critically important to select an agent that can negotiate effectively. How did I put and EXTRA $190K into my client's pocket? Good negotiating skills and knowledge of property values. Here's how.... The 965 sqft house was initially listed at $1.395M.After 2 days on the market and only 1 showing, we dropped the price to $1,095M.4 Days later, a buyer submitted an pre-emptive offer for $1,401,127. I suggested that my client not accept the offer. Based on the level of interest, I suggested that my client set an offer date, hoping to receive multiple offers that can be played against each other. The seller received 3 offers on the offer date. After a couple rounds of negotiating, my client settled for a final sale price of $1,591,127 - that is $190,000 (14%) over the initial offer price. At $1,649/sqft, that's not too shabby for a little house with a brick foundation during Covid! Just Listed!49-51 Barcelona Avenue Vacant 2-Unit with Unparalleled City Views$2,9M Maggie Visser Top 4% SF RealtorDRE #: 01925742415.793.3470maggie.visser@compass.com Maggie Visser