For this townhome I just sold in Fremont for $873,000, I was the agent for the buyers, who were referred to me by clients who also bought a townhome with me. At this price point, the market is crazy hot and competitive, so I was very hopeful to get this townhome because it was so perfect for them and it’s so hard to find a home in this price range because inventory is just so low.
This sale felt like a HUGE blessing! It’s a beautiful townhome, has a really nice yard, and a very nice area. This was the very FIRST offer my clients had ever written. They had only seen a handful of homes, and just really fell in love with this one. The pressure was really high because I knew that this was such a perfect match and I also knew how hard it was to find such a great place at this price point, that I really hoped to lock it in.
There were 15 offers! Yes, 15 offers on this home! And, WE got it! Praise God! Seriously! That is CRAZY competition and to actually beat out 14 other offers and have it be a buyer that has never written an offer before and be the very first offer and actually get it against that much competition, that’s just amazing!
The transaction itself was quite smooth. All went well. As much of the time, the banks are overloaded, so when it comes to the loan, it always seems to be the last minute rush to close, which was the case here as well. But, overall, it was a very good transaction.
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