Saturday, January 15, 2011

$900k Listing Sells in One Day



Listings priced below market value move quickly in San Marino. Case in point - This listing at 700 Winthrop,(corner of Winthrop and El Molino) listed at $900,000, sold in one day. Near asking, all cash, 10 day escrow. Could the seller have received a better offer if they had exposed the listing to the market? Almost certainly, but everyone is under different circumstances.