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Yes, there is a Real Estate God - Story One

By
Real Estate Agent with RE/MAX Masters

Kristal Kraft recently blogged about her experience with a sale when the buyer came by the home while she was installing the sign.  Five minutes on the market and a buyer-a double dip on top of it!

I call these my "Yes, there is a Real Estate God" stories.  I have a couple of them. 

Story one happened last year.  Denver is a soft market and has been for five years.  Neighbors called in mid-spring to say they were building a new home and wanted to sell the one they were in. We listed the home and sold it within seven days to a couple from Texas with Centex homes.   We were able to get the highest price per square foot ever in the subdivision.  Our former neighbors were happy, we were happy and we had some nice new neighbors.

Two months later, now August (and pretty much the slow period for most Realtors) we get a call from the new neighbors, the couple with Centex.  Seems as though Centex had a different plan and John was elevated to a very senior position with the company and it was back to Dallas for them.  We all know that real estate is supposed to be a three to five year investment.  When we took the listing the second time, I was concerned since they had paid top dollar for the home not two or three years prior but two MONTHS prior.  Well, the Real Estate God smiled and amazingly, we had two buyers simultaneously.  Slow time of year, down market and we were able to get the homeowners $9,500 more than they had paid for it and this time in five days.  Every time I think I know real estate, something like this happens-proving once again how little we all know!!

Bonnie Cox, ABR, CRS, GRI
e-PRO Certified Professional
RE/MAX Masters
6400 S. Fiddler's Green Circle
Englewood, CO  80015
PH:  303-400-6060
FAX:  303-400-6161
http://www.teamcoxrealtors.com/

Posted by

TeamCox Realtors
Bonnie Cox
ABR, ACRE, CDPE, CRS, Eco-Broker, e-PRO, GRI
PH: 303-400-6060
FAX: 303-265-9781
6400 S. Fiddler's Green Circle Englewood, CO 80111
www.TeamCox.com
bonnie@teamcox.com

Gary De Pury, ESQ.
Bay Vista Realty - Land O Lakes, FL

I have heard the Denver is booming and now I hear that it is a down market.  GOd or no God, what gives?

 

Aug 04, 2006 02:56 PM
Kristal Kraft
Novella Real Estate - Denver, CO
Selling Metro Denver Real Estate - 303-589-2022

Denver is booming.  We have lots of properties to choose from and lots of people coming here. We even have jobs...finally.

 Good war story Bonnie!

Aug 04, 2006 03:34 PM
Christopher H
REAL ESTATE - Shelby Township, MI
Great stories.  Jump on the real estate rollercoaster and get ready for a wild ride.
Aug 05, 2006 06:18 AM