Advice requested, Advice given, Advice accepted = Success

Email from client: "Lottie:   xxxxxx and I have decided to offer $860,000. And see how that goes. If you have some concerns about it please let us know. xxxxx"

My response to client: "$860,000 sounds good, but I did a study to see what the sales price to list price ratio has been lately for single family homes in San Mateo listed in the $750,000-$900,000 range. Here's the result:

 

"$860,000 is roughly 6% over; $875,000 is 8% over list.  Any chance you'd be comfortable going that high? We usually don't get a chance at a counter offer."

Reply from client: "Lottie as long as there is not a counter, let's go to $880,000. I will keep my fingers crossed. Good luck. xxxx"

Yesterday I presented my clients' offer. It was a multiple offer situation as usual, and touch-and-go, but the sellers signed my clients' offer. The search for a home is over.

Take the time to show clients why you suggest a certain price, a certain strategy -- they usually listen, increasing the odds for success. Nothing is guaranteed, especially in the hot sellers' market we've been experiencing in the San Francisco and San Mateo County areas for the last 2 years, but it helps to know and show clients what's likely.

--- Come for a visit; Stay for a lifetime!

Lottie Kendall, Realtor®

Today | Sotheby's International Realty

San Carlos, California, 94070

CA BRE#01215160; 650-465-4547

Lottie@LottieKendall.com;

www.LottieKendall.com

www.SFCondosForMe.com

 

 

Comment balloon 40 commentsLottie Kendall • June 28 2014 08:57AM
Advice requested, Advice given, Advice accepted = Success
share
Email from client: "Lottie: xxxxxx and I have decided to offer $860, 000. And see how that goes. If you have some concerns about it please let us know. xxxxx" My response to client: "$860, 000 sounds good, but I did a study to… more
PENDING SALE Foster City condo; AVAILABLE San Carlos condo
share
Pending Sale - Showings have stopped 904 Beach Park Boulevard, #121, Foster City CA 94404 After only 12 days on the market, two fine purchase offers were received on 904 Beach Park #121 This property is now under contract… more
What unique benefit do I bring my clients?
share
What unique benefit do I bring to my clients? This has been forefront in my mind all month, since Debbie Reynold's June challenge asked us to share our thoughts about what sets us apart in our business. Too often we think that what we do, most… more
Throwback Thursdays - at Edgewood County Park, San Mateo County, CA
share
Throwback Thursdays - this picture of my daughter and her friend dates back to 1985, when Edgewood County Park in San Mateo County, California, was quite new. Some dirt fire roads and ranch roads were there, not much in the way of trails. At… more
CLOSED SALE - condos in San Carlos CA 94070 are selling
share
1 Elm Street, #303, San Carlos, CA 94070 - SOLD 2-bedroom, 2-bath condo close to downtown San Carlos Listed on the MLS on April 10, 2014; SOLD in 13 days Sale recorded June 12, 2014 Happy seller; delighted buyer .. more
Open House, 2 Elm Street #102, San Carlos CA 94070
share
2 Elm Street, #102, San Carlos CA 94070 Open house: Saturday, June 28, 2014 - 1:00-4:00 PM Open house: Sunday, June 29, 2014 - 1:00-4:00 PM New on the market, open houses 6/28/14 and 6/29/14 will be the first, and a… more
Question: Does the Post Office Charge for an Address Change?
share
This week a client called to ask, "does the post office charge $39. 95 to process an address change online? " I was delighted she had taken my advice, to call with any questions that might arise. This question was an easy one to… more
Friday the 13th
share
Friday the 13th… does that conjure up scary thoughts to you? Bad luck, perhaps? Yesterday was Friday the 13th, and here's a synopsis how it played out for me: Up at 5:30 as usual; responded to emails; did a blog post… more
Condos for sale in San Carlos CA 94070
share
Condos for sale in San Carlos, CA 94070 The Spring Valley Condominiums in San Carlos, California provide great opportunities for buyers, and they sell quickly. Take, for instance, the 2-bedroom, 2-bath condo at 1 Elm Street, #303.. more
Waterfront condo for sale in Foster City, California
share
Do you like the feeling of peace and serenity living near the water brings? Perhaps you enjoy kayaking or rowing, or just relaxing with a water view. And you'd like your home to be close to SFO, employment centers, great schools, shopping and a… more