Monday, August 16, 2010

Buyers, Buyers, Buyers and Multiple Offers!

Well the tidal wave has hit. The Buyers are very busy in the mid-peninsula. Just in the last week I aquired four new Buyers...all referrals. A big thank you to my past clients/friends who have referred me to thier friends!!! That is truly the best complement.

We reduced the price for the San Francisco property and as expected we have three confirmed offers and I think that we will have five when all is said and done. The Buyers in San Francisco seem to be hanging back to see if the interest rates really have hit bottom. Watch out and hide under a table if the rates tick up beacuse every Buyer in the market will jump. I think that these Buyers will think that we have hit bottom and that the rates are on the way back up.

The final outcome of this will be interesting...I will keep you posted

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