Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

6
Posts
2
Votes
Mark Svendsen
2
Votes |
6
Posts

Should I accept an offer or relist?

Mark Svendsen
Posted

The trustee did a premature appraisal before staging and before new paint, new carpets, new furnature, and these are the results.

House is at Belmont, CA  180deg. View of SF Bay

2.40M (1st appraisal) 2.45M LIST (+400K) = 2.855M OFFER

2.65M (2nd appraisal) 2.70M LIST (+400K) = 3.15M OFFER ??

Seven offers, the second top offer of 2.855M was accepted by trustee (I have yet to accept) or relist for possibly higer (3.15M?) The house has been on the market two weeks and is sold with a earnest depost of 40%. The first appraisal was used to set the list price.

Thank you for your educated opinion.

Loading replies...