My Longest Listing in 9 Years Closed in Davis, CA

By
Real Estate Agent with RE/MAX Gold DRE #00697006

While I knew the home in Davis might take longer than a few weeks to sell, I did not anticipate it taking almost a year. A good part of that can be blamed on the two separate sets of buyers who tried to purchase this home and then later changed their minds. Through no fault of the property.

One particular buyer received an appraisal that was $10,000 lower than our sales price, which was more than a million. When the sellers agreed to lower the price by $10,000 to match the appraisal, suddenly the buyers concluded they should squeeze for another $50K or so by attempting to renegotiate! Wha?

So, selling a home three times to get paid once can happen, of course. But, the most important thing to me in any real estate transaction is keeping my sellers happy. Which I accomplished. Any agent can slam a sale home by hammering the sellers, but that is not my approach at all.

You can read more in my personal blog today at this link: 11 Months to Sell a Home in Davis, CA.

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Weintraub and Wallace Realtors

 

 

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Topic:
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California Yolo County Davis Lake Alhambra Estates
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Tags:
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Rainmaker
511,307
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

Congratulations on getting it sold and closed all the while keeping the seller’s happy.  That is no easy feat.  

Jan 20, 2019 09:57 AM #1
Ambassador
1,805,841
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Great job, Elizabeth. You managed to navigate difficult waters. The most amazing part is the obvious trust they have in you to not try to bail and sign with another agent. Occasionally, it takes patience to get through the educational process - with buyers and sellers. You did it. 

Jan 20, 2019 02:16 PM #2
Ambassador
3,774,591
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Elizabeth- I love that you don't "fire" your clients or bail on them. Not all sellers understand real estate and have to find their own way through the process.

Jan 20, 2019 05:19 PM #3
Rainmaker
3,521,048
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Elizabeth. Congratulations. I like your respect for the sellers too.

Jan 21, 2019 05:26 AM #4
Rainmaker
3,240,082
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Elizabeth -- some books are short and easy-to-read(quickly) while others seem to be/are War & Peace.  A real estate transaction like a book requires a different strategy.  A novel idea.  

Jan 21, 2019 10:30 AM #5
Rainmaker
4,019,878
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, sometimes they are in that strange price range that lingers.  I had one last year a few days shy of a year, and sold for $800,000.

Jan 21, 2019 03:22 PM #6
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