Dreams do come true, but they’re not cheap

We’ve been looking in North County San Diego for over 8 months. There’s one area in particular we love. but houses very rarely hit the market there. Maybe 5 or 6 in the past 8 months, with half of them being two-story, which doesn’t interest us. Every house that pops up there seems to be 10% higher than the last one. This past Wednesday, a house hit the market that looked great to us. Turned out our realtor was good acquaintances with the listing agent, who was also the owner of the home.

They had an open house over the weekend with plans to select the best offer on Monday and iron out the details today. After 8 months, we decide to go for broke as my level of frustration had peaked. I’m so sick of the idiotic demands sellers have been making since they know they’re in the driver’s seat. This seller is a realtor, so they know how it works and there’s less chance of shenanigans since he has a reputation to protect. So, going for broke, we offer 12% over list, which would make this the highest price per sq. ft. in the area. We weren’t even close.

Since my realtor has an “in” with this guy, he didn’t toss us onto the scrap heap. Yesterday, he gave us another shot and this time we were close, but still low. This morning, he gave us one more shot and we landed at the same spot as the highest offer. They were all cash and we’re about 2/3 cash, but my realtor was somehow able to convince them to take us over the other offer. You have no idea how satisfying it is to refresh Redfin and see your dreamhouse disappear from the map, but this time it’s you that went under contract.

The only reason we got the house is because our agent went above and beyond to keep us in the game. Yes, we vastly overpaid for this house, but my only solace is that I’m going to be selling a house in Silicon Valley to some other poor soul who will (hopefully) vastly overpay as well.

submitted by /u/dgstan
[link] [comments]

We’ve been looking in North County San Diego for over 8 months. There’s one area in particular we love. but houses very rarely hit the market there. Maybe 5 or 6 in the past 8 months, with half of them being two-story, which doesn’t interest us. Every house that pops up there seems to be 10% higher than the last one. This past Wednesday, a house hit the market that looked great to us. Turned out our realtor was good acquaintances with the listing agent, who was also the owner of the home. They had an open house over the weekend with plans to select the best offer on Monday and iron out the details today. After 8 months, we decide to go for broke as my level of frustration had peaked. I’m so sick of the idiotic demands sellers have been making since they know they’re in the driver’s seat. This seller is a realtor, so they know how it works and there’s less chance of shenanigans since he has a reputation to protect. So, going for broke, we offer 12% over list, which would make this the highest price per sq. ft. in the area. We weren’t even close. Since my realtor has an “in” with this guy, he didn’t toss us onto the scrap heap. Yesterday, he gave us another shot and this time we were close, but still low. This morning, he gave us one more shot and we landed at the same spot as the highest offer. They were all cash and we’re about 2/3 cash, but my realtor was somehow able to convince them to take us over the other offer. You have no idea how satisfying it is to refresh Redfin and see your dreamhouse disappear from the map, but this time it’s you that went under contract. The only reason we got the house is because our agent went above and beyond to keep us in the game. Yes, we vastly overpaid for this house, but my only solace is that I’m going to be selling a house in Silicon Valley to some other poor soul who will (hopefully) vastly overpay as well. submitted by /u/dgstan [link] [comments]

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