A quick update on the open house this weekend at Seattle Heights. As mentioned before, I had 10-12 people through. I thought it might be interesting for you to know what their profiles were. Here is my best effort based on my memory and the notes taken during the 3 hours while I was there:
- Couple getting out of there lease in 60 days or less (Belltown Court)
- A buyer who is currently under contract at Escala (Exploring new options)
- Two investors looking to purchase and flip
- 2-3 agents
- A baby boomer couple looking to move after 25 years in their home in Federal Way (exploring the condo market for the first time)
The condo I was holding open (Seattle Heights #1403) came on the market Saturday night. I thought it might be worth noting that the unit had an offer just 4 hours after the open house and 24 hours later the unit went pending (under contract). Goes to show that if Sellers get realistic and often “aggressive” with their price, it usually meets the expectations of the buying pool. Everyone wins.