Clayton Living & Real Estate

We worked on a couple more video tours last week. Here’s 374 Blue Oak Lane: a 5 Bed, 3 Bath, 3008 sq ft single family home in Clayton. There is a little more information in our original post about the property. Please give it a look and let us know what you think! (you will need the latest version of quicktime if you don’t already have it installed).

Today I negotiated on the seller side for multiple offers on a Clayton home. If these situations are not handled properly and greed takes over, you can easily be left with no offers on the table. Some sellers believe this is an opportunity to have buyers go to war with price until one party is left standing. Many buyers will not appreciate this, especially when the price goes above market value. Expect them to become quickly disinterested or make up for this inflated price by being difficult during escrow with inspections and contingencies. It is also common for buyers to commit to more than they can afford. In all these risky scenarious, the sellers risk less by choosing the “price satisfied,” well qualified buyer. My strategy (in this Clayton market where there are 6 homes available for each buyer) is to communicate with all buyer agents and have them understand the level of interest and ensure that their buyers are putting forth their strongest offer. If you want your sale to be solid from start to finish, always strive for a win win transaction.