August 10 2008 by Jim W Hildreth RE/MAX of Sonora
I have worked on a Sonora listing since August 3 2007 and today the home went as a Pending Sale after 372 day's.
The home is special has it was on 2 serene acres and the home is 4 bedrooms, 3 baths with 2652 s.f of living space, plus a 3 car detached garage.
The starting price was $519,900 and the home was an expired listing with another Sonora Broker
The owners purchased the home in 2006.
Our present price was $499,900
Many prospective buyers loved the home and location, however with the California market dropping we had multile buyers who could not sell there own homes or we had multiple buyers who would not quaify.
We have been in the counter offer stage for the past 2 weeks and today we finally had a match between seller, buyer and broker cooperation.
What I have learned on this transaction is the market does not lie and market value is set between the consumers and with this being a buyers market, the buyers were in full control.
The good news is the sale will close in 35 day's in early September and being late on Sunday, I'm a very happy Broker.
Jim W Hildreth
The owner had over 80 open houses
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