Friday, March 14, 2008
Quick Sale, Multiple Offers in Burbank
I thought fast sales and multiple offers were a thing of the past. Nope. My client wanted to write an offer on this property at 3131 Frederic in Burbank only two days after it listed (he knows what he wants; I've been working with him on various houses over the years). Imagine my surprise to find out that we were in multiple offers -- aren't those a thing of the past? How come my buyer gets stuck in that situation? There's a happy ending though: the sellers accepted the offer and we're now in escrow, nine days after the property listed (coulda been three days, but sorting out and countering the multiple offers took time). No, this wasn't a foreclosure or short sale. It was just a very well-priced home in a great neighborhood in very good condition. And my buyer's offer was under the list price, too. More details when this closes.