We recently closed on this listing I marketed for a seller.
This home is located in a highly coveted neighborhood high on Ogden's east bench in a neighborhood near Taylor Canyon. We first listed this property in September 2014 for $274,900. Immediately, we received a torrent of requests to show the property. We received an early offer from some local buyers but who quickly faded out due to financing issues. Nevertheless, showings continued.
After several weeks of showings but having received no more offers, we reduced the price to $269,900 to move a potential buyer off the fence. At that time, received a low ball offer which my clients politely refused. After two more months of intense showings but no offers, my clients decided to do some remodeling work to make their home more attractive. We took the home off of the MLS while they did some updating to the home.
During this time, I received a call from an agent who showed the home back in October. They wanted to submit an offer. We acquiesced and we negotiated acceptable terms for both parties.
Due to my client's housing needs, the contract was for an extended period of time to give my clients time to purchase another home. In the end, however, they did not need to find another home immediately and we finally closed the last week in April with a final sale price of $265,000.
If you are looking to seller your home or what to know what your home is worth, CONTACT ME, and let's find out how much equity you have in your home.
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