Ronnie & Cyrena Shenanigans

aquabliss

Well-known member
So look at this advertisement on Nextdoor for Ronnie & Cyrena.  Claims that they sold the home for $150k over Market Value...

The home was listed for $1.25M and sold for $1.2M, which is $50k under the asking price, and they are patting themselves on the back for selling for $150k over Market Value?

If the Market Value of the home was $1.05M in the first place, why did they list for $1.25M, which was $200k OVER market value?

I wouldn't trust these guys at all...

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eyephone said:
Not to change the subject. But um. Are you thinking about selling?

Haha, only if you're ready to give me an offer that is $150k over my homes current market value ;)
 
The real question is what do the comps show?  R&C are known to list at higher prices and negotiate down, but usually I do see the properties close at a higher price than a previous comp.  At the end of the day, it's all about DOM and the Closed price.

Ronnie comes off as pretty doushy but I guess some people like that.
 
woodburyowner said:
The real question is what do the comps show?  R&C are known to list at higher prices and negotiate down, but usually I do see the properties close at a higher price than a previous comp.  At the end of the day, it's all about DOM and the Closed price.

Ronnie comes off as pretty doushy but I guess some people like that.

I'm so glad that I don't mainly focus on the higher end of the market like that you, I love being a generalist selling small condos to large homes and everything in between in any Irvine Village and cities besides Irvine.
 
aquabliss said:
So look at this advertisement on Nextdoor for Ronnie & Cyrena.  Claims that they sold the home for $150k over Market Value...

The home was listed for $1.25M and sold for $1.2M, which is $50k under the asking price, and they are patting themselves on the back for selling for $150k over Market Value?

If the Market Value of the home was $1.05M in the first place, why did they list for $1.25M, which was $200k OVER market value?

I wouldn't trust these guys at all...

Wait... You are not Ronnie?  My spreadsheet is in Shambles
 
Just to chime in...

Ronnie can be a bit aggressive as a real estate agent, but over the years that I have gotten to know him he actually is a pretty decent guy, so we used him to help us sell two of our homes.

I think the general real estate buyer in Irvine is pretty immune to all of the catch-phrases, and marketing jargon that we encounter now days...

Do you know how many "Quail Hill Marketing Specialists" piece of crap physical mail pieces I receive each week? Stuff like this is just fluff...
 
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