5983 N Sabino Shadow Ln, Tucson AZ 85750
They purchased it for $945,000 in 2005
And listed it for $849,000 in 2009, ouch, what were they thinking.
they were thinking they wanted to sell, so they did what they had to do, and priced it well enough that 3 buyers came along in just one month.
the first buyer came along just 5 days after it was listed and it went to contract, but then it fell out, and it went to contract again 2 days later with a 2nd buyer, and fell out again, and went to contract for the 3rd time, with a 3rd buyer, a few weeks after that. And then all was well, and it sold for $800,000.
I wrote about this house when it came on the market, and guessed, because it was such a nice house and so well priced, that it might get multiple offers. And it did, they just ended up being spread out over a few weeks, rather than coming all at once. it stood out from the crowd
I often hear people, owners or agents say, we’re/they’re in no rush to sell. Ok fine, take all the time in the world. But, did figure into your wait and see strategy - that when you are in a down market your home will be worth less $$, not more $$, two months from now than it’s worth now. That usually fails to convince them.
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