Last week I wrote about an Open House that I held for another agent who's a friend of mine.
The house was hers, her personal residence, priced at $2,875,000 in Pima Canyon, a popular luxury home community in the Tucson Foothills. In that post - slower sales in the Tucson Foothills? -I talked about how disappointed I was at the low turnout for that Open House. Left unsaid, was the fact that given the poor turnout, amongst other signs of weaker buyer demand, I worried about the prospects for her to sell that house anytime soon. Later on she and I talked about it, and we talked about the fact that there are 22 $1,000,000 + homes for sale in Pima Canyon alone, and many more elsewhere in the Foothills. We didn't encourage each other very much, we just commiserated on what she could do to stimulate more interest in the house, and discussed the odds, which didn't seem too good, of her selling it anytime soon. So a few days later, it was Sunday again and she held the house Open. And again the turnout was pretty low. But this Sunday someone walked in who loved the house, and they loved it so much that they wrote an offer, and after a bit of negotiation the house is now in escrow. And the person who made the offer on that $2,875,000 house, did not have an agent, they just wandered in on their own. Open Houses, you just never know.