Posted Mar 30, 2021, 6:44 PM
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Pay it Forward
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Join Date: Apr 2003
Location: Piedmont, California
Posts: 7,894
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Suburban Sacramento Home Receives 122 Offers in One Weekend, Sells in 3 Hours
Yikes...the Bay Area invasion of Sacramento is intensifying...
Quote:
Originally Posted by KRON 4
Citrus Heights home for sale receives 122 offers in one weekend, sells in 3 hours
Posted: Mar 29, 2021 / 01:34 PM PDT / Updated: Mar 29, 2021 / 01:34 PM PDT
CITRUS HEIGHTS, Calif. (KTXL) — A Citrus Heights home in a quiet cul-de-sac received 122 offers in one weekend on the market.
The 1,400 square feet home has three bedrooms, two baths and a spacious backyard with a swimming pool and an asking price of $399,900.
“People would think that it was underpriced. It was not underpriced. It was straight on with the comps,” said Deb Brittan, the listing agent for the property. “I had hoped, I thought, maybe if we get 20 offers that would be amazing.”
Interview: Explaining trends in changing real estate market
Barry and Anita Jackier are the sellers of the Citrus Heights home.
“We had this little friendly wager going. I’m like, ‘I think we’re going to get eight offers,” Anita Jackier said.
“I said 10,” Barry Jackier said.
They all underestimated the number of offers, by a lot.
They received 122 offers in one weekend.
“That’s 121 people who didn’t get a house. And that’s kind of heartbreaking in this market to think that there are so many buyers out there. And if you don’t have an agent that understands how to put a strategic offer in on a house and get it accepted, you’re just out burning your gas and a lot of emotional turmoil because of the nature of our market currently,” Brittan said...
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https://www.kron4.com/news/californi...ls-in-3-hours/
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"Two roads diverged in a wood, and I—I took the one less traveled by, And that has made all the difference."-Robert Frost
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