Newer Irvine listings with crazy WTF asking prices from equity sellers

USCTrojanCPA said:
yaliu07 said:
NYT said:
USCTrojanCPA said:
Why is this seller wasting everyone's time with this listing?
https://www.redfin.com/CA/Irvine/127-Compass-92618/home/65023404

Over $500/sf at PP?  Come on, the seller paid $890k for the home back in Nov. 2013.  $1m?  Sure  $1.1m?  If they find the right buyer and they put in $$$ into the backyard.  But $1.3m is nuts.
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Also, why of the 7 pictures, 6 of them are exterior shots of the house and/or of the community? And the one of the interior kitchen seems to maybe be the model? At least that's what it looks like to me, not being familiar with that model.
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Hit a reload/refresh button, you will see there are 34 pictures.
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Oh you mean the 20 pictures of the common areas?  haha  Btw, how much did they spend on the backyard....like $10k?  It looks horrible.  lol
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I just took another glance at the pictures. I noticed they don't have shutters.

 
This isn't a newer home as it was built in the 80s but I guess since it was remodeled in 2005, it should count:
https://www.redfin.com/CA/Irvine/18-Bayview-92614/home/4692617

NP15037799_3_1.jpg


You can tell they put a lot of customization into it but $1.8m for a 4br house they converted into a 2br house... you better like their style.
 
sharaabi said:
USCTrojanCPA said:
Not only is this home overpriced by a good $200k, the seller is only offering 2% buyer's agent commission.  I guess the sellers want to walk away with some profit since they bought it for $1.278m.  haha
http://www.redfin.com/CA/Irvine/31-Sanctuary-92620/home/5959278
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This one was re-listed this January and just sold for 1.350.
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Winner winner chicken dinner, congrats.. you just responded to a post almost 5 years ago... I believe that's the record?
 
sharaabi said:
USCTrojanCPA said:
Not only is this home overpriced by a good $200k, the seller is only offering 2% buyer's agent commission.  I guess the sellers want to walk away with some profit since they bought it for $1.278m.  haha
http://www.redfin.com/CA/Irvine/31-Sanctuary-92620/home/5959278
Click to expand...

This one was re-listed this January and just sold for 1.350.
Click to expand...
It was overpriced in 2010 just like I said it was.  It took the market running up 20-25% for them to get that price about 4.5 years later.  I think I was right.  haha
 
USCTrojanCPA said:
sharaabi said:
USCTrojanCPA said:
Not only is this home overpriced by a good $200k, the seller is only offering 2% buyer's agent commission.  I guess the sellers want to walk away with some profit since they bought it for $1.278m.  haha
http://www.redfin.com/CA/Irvine/31-Sanctuary-92620/home/5959278
Click to expand...

This one was re-listed this January and just sold for 1.350.
Click to expand...
It was overpriced in 2010 just like I said it was.  It took the market running up 20-25% for them to get that price about 4.5 years later.  I think I was right.  haha
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You know the market well. That's why I selectively chosen you to represents.  :)
 
USCTrojanCPA said:
sharaabi said:
USCTrojanCPA said:
Not only is this home overpriced by a good $200k, the seller is only offering 2% buyer's agent commission.  I guess the sellers want to walk away with some profit since they bought it for $1.278m.  haha
http://www.redfin.com/CA/Irvine/31-Sanctuary-92620/home/5959278
Click to expand...

This one was re-listed this January and just sold for 1.350.
Click to expand...
It was overpriced in 2010 just like I said it was.  It took the market running up 20-25% for them to get that price about 4.5 years later.  I think I was right.  haha
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Yes you were right, it took them quite some time to get the price they wanted.  It was well over priced back then.
 
yaliu07 said:
eyephone said:
yaliu07 said:
NYT said:
USCTrojanCPA said:
Why is this seller wasting everyone's time with this listing?
https://www.redfin.com/CA/Irvine/127-Compass-92618/home/65023404

Over $500/sf at PP?  Come on, the seller paid $890k for the home back in Nov. 2013.  $1m?  Sure  $1.1m?  If they find the right buyer and they put in $$$ into the backyard.  But $1.3m is nuts.
Click to expand...

Also, why of the 7 pictures, 6 of them are exterior shots of the house and/or of the community? And the one of the interior kitchen seems to maybe be the model? At least that's what it looks like to me, not being familiar with that model.
Click to expand...

Hit a reload/refresh button, you will see there are 34 pictures.
Click to expand...

Oh great - don't tell me this is your house Yaliu?
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he is actually walking distance away from me.  if you go to his house and start to knock on his neighbor"S" door and you see a handsome/good looking/charming asian, that will be me.  :)
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So what's up Yaliu, are you also going to sell your house? It's your chance to get away from the cemetery.  ;)
 
lnc said:
nyc to oc said:
Irvine Dream said:
We are now more than $500K above the previous bubble price
https://www.redfin.com/CA/Irvine/31-Pacific-Grv-92602/home/5771980
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Too bad its at a T intersection. They're never gonna get a chinese FCB that way, and who else would overpay by that much?
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One of these days, the appraiser will take feng shui rules into account and appraise the home accordingly.

T intersection: deduct $25k
Close to cemetery: deduct $250k
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That's why sell now, since the cemetery isn't built yet.
 
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