Question“My neighbors just listed their San Diego home and I know they got several offers the first week. Do you think that means they should have asked a higher price?”
Answer:
Not necessarily.
Yes, San Diego homes that are priced too low usually attract multiple offers.
However, you can also get multiple offers if your home is priced right.
That’s because there are many potential buyers who’ve already seen the “existing inventory” of homes for sale and are now mainly looking at homes newly hitting the market. So a San Diego home that’s priced correctly from the start will garner a lot of interest and possibly multiple offers.
San Diego short sale expert Gary Kent has written the book on short sales. Gary would like to offer the San Diego Short Sale Guide to you for free – Short Sale Guide.
To find out how much your San Diego home is worth compared to owe much you owe, go to www.ShortOrStaySanDiego.com
The Gary Kent Team 858-457-5368 of Keller Williams is a California Real Estate Broker, License 00862878. We are not licensed to provide legal or tax advice and we encourage our clients to seek legal and/or tax advice early in the short sale process.
by Gary Kent. Gary has successfully helped well over 200 clients and their families sell their homes or other real estate via a short sale. In 1991, he closed his first short sale for a young family, and since has been helping clients get out of stressful financial situations, escape from “under water” mortgages, avoid foreclosure (and the accompanying stigma), save their credit, and maintain their pride through a short sale. You can find Gary on Facebook, Twitter and Google+.
