The Inman Handbook On Today's Intense Inventory Crisis
Inman Connect Brian Evans thought his clients were going in with a strong offer. Evans, a Redfin agent in the Washington, D.C., area, told Inman he was recently working with buyers who wanted a home that was listed for $850,000. Homes in the area have in the past sold for around 10 percent over their asking prices, so when his clients offered $150,000 over it seemed like they’d be strong contenders. They weren’t. Instead, the home ultimately generated 14 offers and sold for a whopping $230,000 over its asking price. What had seemed like a strong offer had in the end only put Evans’ cl...
Source: inman.com