Land Park Seller Bought and Sold Concurrently Without Listing First
Another satisfied Land Park seller closed escrow last week. The incredible thing was we didn’t even have his house listed when we helped him to buy a new home contingent on his existing home closing concurrently. Sometimes we can pull off that remarkable type of sale. How we do it when other agents cannot is an interesting story.
For starters, I’m not saying this will work 100% of the time but usually it does. First, it helps to have a desirable home to sell, and it doesn’t get much better than owning a vintage home on a fabulous street. Second, if the listing agent of the home the seller wants to buy knows me, well, they know I will sell that home, whether it’s on the market right now or not. I will find a way to sell the seller’s home because that’s what my reputation is built upon. In other words, we sell the listing agent being Elizabeth Weintraub to the other agent.
I always tell my sellers it is better overall to put their home on the market before going off to buy a home. We can make the sale of their home contingent on finding a home to buy. But I also understand that they don’t always care what is best. They don’t want to sell until they find the home they love, which ultimately is their motivation for selling. In this particular sale, the seller had found the home and started the negotiations to buy that home prior to finding our buyer.
But in the middle of everything, we suddenly were prepared to go on the market. No grass grows under my feet. The house was painted, everything cleaned up and ready to go. When I told the Land Park seller how much he could get for his home, he was fairly blown away. He could not believe he had acquired that much equity since I sold him the home almost 10 years ago. We priced the home very attractively, right at that sweet spot.
After the open house, we received an aggressive offer through an experienced Lyon Realtor I’ve closed other sales with. It’s always wonderful to work with a competent and skilled agent on the other side. My team member Amy McMullan jumped in to help this Land Park seller purchase his new home. On the day before closing, a series of events popped up that required immediate attention, and Amy got on the horn and made it happen. I thought she was gonna have a heart attack. But no, she got the job done professionally and efficiently.
This Land Park seller sold his home for $23,000 over list price. He closed on his new home the same day, and we negotiated an extra day for him to move out. We do the impossible just about every day on the Elizabeth Weintraub Team. If you’re thinking about buying or selling a home in the Sacramento area, please call Elizabeth at 916.233.6759.
1731 Bidwell Way, Sacramento, CA 95818 closed escrow on April 12th, 2018 at $572,000.