I’ve been working long hours. Buyers are buying.
Yesterday was a beautiful Sunday, and I spent it out at a new construction site in Marysville, Shasta Ridge.
I’ve been working with some fabulous first time home buyers lately. About 5pm yesterday, they called to chat about one of the homes in Lake Stevens that they were interested in.
There were multiple offers, and they’d need to submit their highest and best offer by last night at 8pm.
It was about 6pm when we decided to write the offer, and I was cooking dinner at home, relaxing, and getting ready to watch Sunday night HBO. I was starving, so when I realized I’d be leaving soon, I took my chili with, and ate it in the car.
Sometimes you do what you have to do. I didn’t want these buyers to miss out!
I did feel a little silly eating my chili while driving to my office, and while I was putting the offer together. But what was I going to do, eat cold chili? Eat it later? No way, it had been a long day!
Since this young couple has already been out-bid three or four times in the past, I advised them to put their best foot forward. Together we decided that an offer about $17,000 HIGHER than the asking price seemed fair, especially since we were asking for $6000 in closing costs.
The market has been really competitive lately. I’ve seen more multiple offer situations in the past month than I have in the last four years combined. Great sign for sellers….
But it’s tough to be a buyer right now.
I’m working with a couple buyers right now who can’t seem to bag a home. Even though we’re offering close to 10% over list price.
Thinking of selling?
Price your home right, and it will sell in a hurry. Buyers are definitely out there, and they need your home to be listed!!
Sure, prices are lower than they were in 2007, but since there is less than three months of inventory on the market in most towns… it is technically a seller’s market.
Activities in different neighboroods and price ranges will vary a little, but this market is even hotter than a bowl of chili.
