Overpriced Home

1200 Regent Street | East End | 3 Beds | 1 Bath | 1,586 SF

 

Property

1200 Regent Street | East End | Alameda

 

 

Type of Sale

On MLS

 

Scenario

On this particular East End home, my clients and I took advantage of the fact that the home had been sitting for three times the average days on market for the area. After looking into the asking price, we realized that part of the reason that the home had been sitting so long was that the seller’s agent had priced the home too high and as a result had received no offers. Upon further inspection, we also found that the home was sitting on a brick foundation, which may have scared buyers away. We considered our options, taking into account that while the construction material was not premium, its condition was favorable, and the thought of doing the work sometime down the line was not a deal breaker for my clients. We seized the home’s condition, and time on market to write a strong offer for my clients. As a result, my clients and I closed on the home for almost 10% below the list price and well below the average price per square foot for a home in Alameda.

 

Outcome

As a result, my clients and I closed on the home for almost 10% below the list price and well below the average price per square foot for a home in Alameda
Timing Influences The Outcome
Dream Home For The Right Price
Preemptive Offer
Overpriced Home
Strategic Pricing and Negotiations
Staying The Course
Staging Utilizing Client Furniture
Private Exclusive Sale

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HAPPY CLIENTS

"Kate and her team truly set the standard"

Kate and her team truly set the standard for what flawless and precise execution looks like. They have mapped this down to a science, and each team member is exceptional at their role… In the end, all the effort and advice they provided was spot on. Their deep market knowledge helped us identify the right timing, strategy, and preparation work…. as we sold our home for well above asking and exceeding our very high expectations. This is one of the best companies I have ever interacted with and experienced… the combination of professionalism, performance and service is astounding. They are a truly remarkable team!

– Brent B. | Seller | Gold Coast –

"We cannot recommend Kate and her team enough!"

We were first time sellers who left our empty townhouse in their hands and moved to the East Coast. They did a fantastic job to get it all ready, and kept us in the loop they whole time. We always felt in control and with complete understanding on what was going on. They answered our many many questions and when having to make a decision they always provided different options and a recommendation. Finally, they are incredibly hardworking, they worked non-stop to try to get everything sold and settle before the holidays arrived.We are so grateful for all they did for us!
– Ana C. | Seller | West End –

"We would give Kate McCaffrey and her team 10 stars if we could!"

From start to finish, fixing up our first home and selling it, they made it so easy for us. They kept everything within our budget and had great ideas! Kate and her team brings an amazing plethora of expertise to the table – everything from design and construction professionals to Kate’s extensive real estate knowledge and a great online presence for advertising once we were ready to hit the market. The process was smooth. We were consulted and kept informed every step of the way. We are absolutely recommend Kate McCaffrey!
– Raven H. | Seller | Central Alameda –

"Kate McCaffrey out shines them all"

We have purchased and sold many income properties and single family homes throughout the USA over a period of more than 3 decades. Therefore we have dealt with many real estate agents and/or brokers during the normal course of business. Kate McCaffrey out shines them all. She is surely over the top in providing a professional service in every aspect of a transaction. Our lawyer of over 25 years, who interacted with Kate, is in complete agreement with us regarding her being responsible for our concluding the sale in an efficient, timely manner and at a price beyond our expectations.
– Paul L. | Seller | Fernside –

"Our goal was to hire the best!"

When it came to selling our mother’s most important asset, our goal was to hire the best. And that we did when we signed on with Team McCaffrey (emphasis on “Team”). From start to finish, we received the most professional, knowledgeable and top notch service. Team McCaffrey’s execution of the contracted home improvements, the 100% adherence to the timeline and the exceptional communication between all the stakeholders made home selling a seamless experience. Kate and her group’s market expertise and client base and reach in Alameda proved a perfect fit for the sale of our mom’s home. Zero days on the market, nine day escrow, all cash deal, no contingencies, top of the market. That’s the McCaffrey Magic!
– Irene N. | Seller | Fernside –
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