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Two Standard Equity Sales Listed and in Escrow in 5 days!!

By Kimberley Kelly 29 Nov, 2011 La Quinta, Palm Springs equity sales in la quqinta, indio real estate, la quinta real estate

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Neither of these Listings that I took were Short Sales or Foreclosure properties.  Both Sellers just wanted them SOLD, and quick!  Mission accomplished.

Property 1:  81731 Revoir Pl., Indio, Calif.  Listed at $620,000.  I brought the Buyer also.  Cash..very close to List Price.  In Escrow in 5 days.  Set up to record by 12/2.  How did it happen so fast?  I had spoken with the Seller the previous year about my evaluation of the property and what it should list at.  I took her an offer of $650,000.  She disagreed and listed it at $750,000.  A year later, she called me again.  The property value had dropped a bit and my Buyer at $650,000 was gone.  She agreed to my price, I contacted my suitable database of potential Buyers, wrote up a cash offer and she accepted.  That idle year of “thought” cost her over $30,000 + carrrying costs.  Listen to your List Agent if they are on top of  your area..I KNOW what is selling.

Property 2:  82243 Waring Wy., Indian Palms Country Club.  I took this listing after the Seller called me out of desperation.  The Condo had been listed for over 200 days with 2 different Realtors.  Why hadn’t she received even ONE written offer?  I walked the property after the Listing expired, and told her it was not in a condition to sell and I was not surprised she hadn’t received an offer.  The List Price was correct, but the property did not present itself in a manner that would induce offers.  She listened.  It only cost her $588 and I arranged all the “fixing”.  A large tree was trimmed that had been cutting off the light into the condo.  Furniture was removed, a couch replaced.  I re-hung pictures, and bought brightly colored throw pillows, towels, hand towels, table centerpiece.  Lastly, a HUGELY necessary deep cleaning by my cleaning crew.  Then, and only then did I put my sign in the ground and list it.  I had 2 full-price offers within 3 days!  Did I reduce the price???  NO!  The price was right/sq. foot.  The presentation was wrong..and we fixed that.  Cash offer to close in 3 weeks or sooner.

Standard, Equity Sales DO sell..if the Seller hears their experienced List Agent.  It may cost you a little out of pocket, but the money going back into your pocket and the relief of no more monthly carrying costs is worth it!