Buying a home this spring was not for the faint of heart. Our team represented many clients who were competing withs sometimes 10-20 other offers, most waiving all contingencies, all going significantly over the asking price, sometimes by $100,000 or more.
But don’t be discouraged! Shane has access to unique off-market opportunities and knows the strategies and terms it takes to win. Of course it varies by location and price point but we are seeing a subtle change in buying power as these challenging conditions ease heading into the summer months.
Let’s catch up soon if you’re considering a move!
Notable Sales:
13328 Emeric Court, Centreville
Sold for $975,000 in March 2021
Moved to: A modern new construction in Vienna
We represented: Out sweet sellers who also bought
How they found us: Internet research
Time on Market: Less than 24 hours
What they got: $50k over their asking price, all cash, no contingencies
3113 Savoy Drive, Fairfax
Sold for $794,000 in March 2021
Moved from: 500 square feet on U Street downtown
We represented: The buyers
How they found us: High school and college friends with Shane and his wife Flor. She was a bridesmaid in their wedding!
What they were up against: an offer deadline and 17 offers
How they won: $64k over asking, waived all contingencies and wrote a sweet letter
Pro Tip:
These buyers paid for a pre-inspection of the property to help them get comfortable waiving the home inspection contingency. It’s not always possible but a strategic way to find some peace of mind in a competitive multiple offer situation.