You know the old motto: When at first you don't succeed, try, try again.
That certainly can work for selling.
And if you're not impatient, these days, merely waiting seems to be a formula not just for success – but for netting a greater profit.
Our case study here is 1335 19th (6br/6ba, 5000 sqft.).
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You know the old motto: When at first you don't succeed, try, try again.
That certainly can work for selling.
And if you're not impatient, these days, merely waiting seems to be a formula not just for success – but for netting a greater profit.
Our case study here is 1335 19th (6br/6ba, 5000 sqft.).
The home's been on and off the MLS so many times in the past few years, you could hardly remember when it was a "new" listing, or off-market as a "pocket," or on-market, or in escrow, or whatever.
But now they've closed up a sale there, at the princely sum of $3.050M.
The on-again, off-again story that preceded the sale went like this:
- July-Aug. 2013: asking $2.799M, 34 DOM, quit
- June 2014: asking $3.099M, 14 DOM, quit
- Sept.-Nov. 2014: asking $2.949M, 27 DOM, got an offer, lost it, quit
- March 2015: asking $3.099M, got an offer, lost it, went back to market, got another offer... and closed it
You can see why they say real estate isn't for the faint of heart.
You're on, you're off.
You're in, you're out.
You've got an offer, you don't.
Nothing's done until it closes.
In this case, for all the possible stress and ambiguity, there was a plus. They got $250K (9%) more than the first asking price from 2013.
Which is a decent payout for any pain and suffering from the time in between.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 24th, 2023 at 7:04pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
