Author Topic: Where the market is - Buyer Offers  (Read 90706 times)

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Offline Irvinehomeseeker

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Re: Where the market is - Buyer Offers
« Reply #345 on: September 09, 2021, 09:19:21 AM »
Offered $1,476,000 all cash for this Eastwood listing for a buyer, no counter and went with another buyer.  I thought for sure we'd get it or at least get a best and final counter, nope.

https://www.redfin.com/CA/Irvine/96-Henson-92602/home/167401920

And thats a no lot type of Condo!

Offline best_potsticker_in_town

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Re: Where the market is - Buyer Offers
« Reply #346 on: September 09, 2021, 01:37:32 PM »
Offered $1,476,000 all cash for this Eastwood listing for a buyer, no counter and went with another buyer.  I thought for sure we'd get it or at least get a best and final counter, nope.

https://www.redfin.com/CA/Irvine/96-Henson-92602/home/167401920

Holy shit!

Offline Mety

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Re: Where the market is - Buyer Offers
« Reply #347 on: September 09, 2021, 01:44:12 PM »
Offered $1,476,000 all cash for this Eastwood listing for a buyer, no counter and went with another buyer.  I thought for sure we'd get it or at least get a best and final counter, nope.

https://www.redfin.com/CA/Irvine/96-Henson-92602/home/167401920

And thats a no lot type of Condo!

You should've made an offer with a Redfin buying agent. ;D

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Offline USCTrojanCPA

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Re: Where the market is - Buyer Offers
« Reply #348 on: September 09, 2021, 05:41:10 PM »
Offered $1,476,000 all cash for this Eastwood listing for a buyer, no counter and went with another buyer.  I thought for sure we'd get it or at least get a best and final counter, nope.

https://www.redfin.com/CA/Irvine/96-Henson-92602/home/167401920

And thats a no lot type of Condo!

You should've made an offer with a Redfin buying agent. ;D

Hahaha  I provides commission rebates to buyers that are more than what Redfin offers.  ;)
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Offline USCTrojanCPA

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Re: Where the market is - Buyer Offers
« Reply #349 on: September 09, 2021, 05:41:40 PM »
Offered $1,476,000 all cash for this Eastwood listing for a buyer, no counter and went with another buyer.  I thought for sure we'd get it or at least get a best and final counter, nope.

https://www.redfin.com/CA/Irvine/96-Henson-92602/home/167401920

Holy shit!

Yeah, I was surprised when I got the kiss off email (nothing shocks me anymore). 
Martin Mania, CPA
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Offline USCTrojanCPA

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Re: Where the market is - Buyer Offers
« Reply #350 on: September 09, 2021, 05:42:32 PM »
Offered $1,476,000 all cash for this Eastwood listing for a buyer, no counter and went with another buyer.  I thought for sure we'd get it or at least get a best and final counter, nope.

https://www.redfin.com/CA/Irvine/96-Henson-92602/home/167401920

And thats a no lot type of Condo!

Yeah, motorcourt detached Marin condo with OK upgrades, nothing special other than being on the corner and having a slightly larger lot.
Martin Mania, CPA
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Offline akula1488

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Re: Where the market is - Buyer Offers
« Reply #351 on: September 09, 2021, 06:53:26 PM »
Redfin estimate of 1.5M is accurate then

Offline Irvinehomeseeker

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Re: Where the market is - Buyer Offers
« Reply #352 on: September 09, 2021, 07:34:52 PM »
It feels like all these Redfin or Zillow estimates make no sense anymore. With this serious lack of inventory and what it looks like money from Tech folks from up north, if the house shows well you can expect insane closing prices!
« Last Edit: September 09, 2021, 07:43:18 PM by Irvinehomeseeker »

Offline aquabliss

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Re: Where the market is - Buyer Offers
« Reply #353 on: September 09, 2021, 09:20:22 PM »
Offered $1,476,000 all cash for this Eastwood listing for a buyer, no counter and went with another buyer.  I thought for sure we'd get it or at least get a best and final counter, nope.

https://www.redfin.com/CA/Irvine/96-Henson-92602/home/167401920

And thats a no lot type of Condo!

Yeah, motorcourt detached Marin condo with OK upgrades, nothing special other than being on the corner and having a slightly larger lot.

Anyone know where to buy the apparatus they used to attach to the cinder block wall and hook the back yard string lights to?  I need this!

Offline USCTrojanCPA

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Re: Where the market is - Buyer Offers
« Reply #354 on: September 09, 2021, 09:26:05 PM »
Redfin estimate of 1.5M is accurate then

Just like a stopped clock, their estimates will be right every once in a while but otherwise take them with a grain of salt.
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Offline fatduck

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Re: Where the market is - Buyer Offers
« Reply #355 on: September 09, 2021, 09:28:51 PM »
if 7% over list all cash gets an FU i wonder what they do with the non cash offers

Offline sleepy5136

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Re: Where the market is - Buyer Offers
« Reply #356 on: September 09, 2021, 10:20:58 PM »
I do notice there is more inventory these past months. But what I'm seeing is the "newer" ones are selling very quick while the older homes stay longer.

Offline marmott

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Re: Where the market is - Buyer Offers
« Reply #357 on: September 09, 2021, 11:45:18 PM »
Anyone know where to buy the apparatus they used to attach to the cinder block wall and hook the back yard string lights to?  I need this!

This is the closest thing I could find: https://www.etsy.com/shop/Sycmr. It looks like they do custom orders so pretty sure they would be able to make a similar string light pole design (few custom orders are pictured in the reviews).

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Offline USCTrojanCPA

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Re: Where the market is - Buyer Offers
« Reply #358 on: September 10, 2021, 12:25:57 AM »
I do notice there is more inventory these past months. But what I'm seeing is the "newer" ones are selling very quick while the older homes stay longer.

Yes, there has been more inventory that has come to the market this year compared to 2020 and even 2019 hence why we have record sales this year.  The problem is the demand is too great right now and most all homes go into escrow super fast so now we have the lowest inventory levels I've ever seen in 15 years. 

Martin Mania, CPA
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Offline USCTrojanCPA

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Re: Where the market is - Buyer Offers
« Reply #359 on: September 10, 2021, 12:28:20 AM »
if 7% over list all cash gets an FU i wonder what they do with the non cash offers

I wasn't really surprised that it went over $1,476,000 but I am surprised that my buyer didn't even get a counter offer being all cash buyer with a 17 day close.  Guess we ran into a more motivated buyer, I just wonder if they got over $1.5m.
Martin Mania, CPA
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