It's not every day that I can say that sold home was the best deal in Merced in the past year, let alone 2 years. Today is that day! My clients were looking to purchase a home with their son who goes to UC Merced. After looking with another agent and making a series of offers that went nowhere he came to me and asked for brutal honesty. He asked me what I was seeing in the market and what it would take to purchase a home less than $80,000. Fortunately the answers he was looking for is exactly what we practice as part of our "You're The Focus" real estate services.
When it comes to real estate and working with our clients it's all about setting expectations. We don't want our clients to fail and with this in mind we set buyer and seller expectations from the start of our relationship. Sure sometimes the news won't be what a particular buyer or seller wants to hear but in the end if we save them time, money and frustration it makes it more than worth it. We value our clients and continue to service their real estate needs beyond the purchase or sale of their home. How we prefer to work is based on referral and so we provide the best service possible for our clients and they appreciate what we do for them and of course we appreciate them. We have a client appreciation program where we send out information monthly and provide them with valuable resources from vendors to fix their home to real estate, safety, and other topical information that they can use or pass on to friends and family to use in the future.
Back to the home I just sold. It was a 3 bedroom, 2 bath home with 2,232 square feet, a fixer upper to the tune of $30,000 if not slightly more but the sold price in the end was $57,100 which is $25.58 per square foot. This home was the lowest to sell since June of 2009 according to CRMLS sales report (Multiple Listing Service). It was not easy to make this happen. At any point the bank could have rejected our offers and our request for repairs that showed bids from vendors, pest inspection reports and the home inspection report indicating $30,000 plus in repairs. We went through 6 counters, a multiple counter highest/best situation, several inspections, and bids from vendors and the request for repairs where we highlighted everything needed to make the home habitable. In the final request we asked for a lower price to end at the $57,100 price.
All along it was constant communication, setting up all the vendor reports and making sure my buyers and the listing agent where up to date with the information. In the end my clients were ecstatic. Some may say Scott there's not much money in the $57,100 sale. I would say well luckily my focus is on helping my clients and however that looks like as long as I've done a great job for them and exceeded their expectations then I'm happy!
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