“These Are The Days Of Our Lives” Aka The Sale Of 3005 Paseo Tranquillo

This house in the heart of San Roque is my favorite kind of listing to have. Updated, clean, light and bright, well priced and ready to appeal to and sell to a wide array of buyers. This proved to be the exact case and in fact I sold this one 5 times. Yes that’s right, FIVE times.

The 2nd accepted buyer refused to give escrow their deposit money until they received a guarantee from the local school about acceptance of their child in more than a year’s time…not going to happen…ever by the school or even part of the purchase of a house). We ended up canceling on them due to a failure to perform in accordance with the contract (not to mention unrealistic expectations).

The 3rd accepted buyer that was in back up position #1 had to wait so long for the 2nd accepted buyer to sign cancelation instructions (not cool Buyer #2, not cool at all!) that they ended up writing an offer on another property the night before we were officially canceled!
I marked the listing as BOM which in Realtor lingo stands for Back On Market and explained in shorter detail the circumstances that I outlined above and assured the myriad of agents that called to ask that it was, in fact, available again and truthfully not because of any fault of the property. Keep in mind that we never received deposits or had any inspections conducted with any of these first 3 buyers.

We ended up having more buyers interested and accepted an offer from a well-meaning group that stayed in escrow long sought to conduct all of the usual inspections. What they discovered about the house was more or less what we already knew- details about the soils in San Roque, foundation anchoring questions, roof life expectancy etc. Without even asking for any Seller credits or to re-negotiate the purchase price, they decided to cancel.

We circled back to a wonderful couple that had been interested since day 1 yet who had been discouraged by all of the offers and activity surrounding the house and had decided not to write an offer during the first round. We were excited to learn that they were still interested and stepped up to the plate and wrote a great offer on the house. These buyers did all of their inspections, had professional estimates to rely on, communicated well, asked questions and stuck with it. Finally, real buyers!