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Updated about 10 years ago on . Most recent reply

User Stats

123
Posts
123
Votes
Matt Skinner
  • Developer
  • Los Angeles, CA
123
Votes |
123
Posts

Ever heard of a $15million price reduction?

Matt Skinner
  • Developer
  • Los Angeles, CA
Posted

Record setting price for a home in Beverly Hills closed today.

A friend of mines brokerage worked on this $70million transaction that closed today. 

Thirty five year old Markus Persson (inventor of the popular video game Minecraft) closed today on this home after winning the bid just 6 days ago for $15million below the asking price of $85million. 

Apparently there were multiple offers and somewhat of a bidding war and at the end of the day the "all cash 6 day close" offer (so aggressive that would make even a Ron Legrand proud) won the bid. 

Let me know what you think of this house.  

I personally think the house would have sold for more with a shorter escrow had the videographer put the shots of the garage (starts at approx 2:45) more toward the beginning of this video tour:

http://vimeo.com/102897742

What say you?

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