For this condo I just sold in San Jose for $450,000, I was the agent for the seller. This is my 2nd time working with this client in that she bought this condo with me about 8 years ago and just moved to Texas.
The condo market is not crazy hot like the SFR market, so things aren’t as much as a ‘given’ when it comes to pricing and selling condos these days. We tried to price on the aggressive side in hopes for more than 1 buyer to compete at some level to get good price and terms. But, with the condo market, you just never know.
Luckily, the sale of this condo ended up going quite well. We did have an offer and a buyer we were just about to work with and then this better offer came in at the 11th hour, so both the seller and I were happy to see this offer come in and be able to work with the better offer in the end. So, we did indeed end up with more than 1 offer.
The transaction itself was fairly smooth, with a couple of bumps, but nothing too dramatic. Overall it was ok, not the easiest transaction ever, but nothing too out of control.
This client moved to Texas, and for the amount she sold this condo for, she’s buying a brand new huge SFR for about the same price…actually, I think it may be even lower!
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