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Updated over 8 years ago,

User Stats

58
Posts
24
Votes
Tripp Howell
  • Real Estate Agent
  • Denver, CO
24
Votes |
58
Posts

Competitive Condo Under Contract

Tripp Howell
  • Real Estate Agent
  • Denver, CO
Posted

I was able to get a client under contract on a highly competitive condo unit in the Denver market at asking price in the 250k price range.  In this market, we're seeing multiple offers (15-20 offers is normal) and the winning offer can be upwards of 10k-20k over asking price, with appraisal guarantees and waiving inspections.  We had a bad weather weekend and the perfect unit for my client fell out from UC the day a storm hit.  We went out there in the bad weather to view the condo when nobody else would and made an offer at asking with no appraisal guarantees or waiving inspection.  Our offer was accepted because we were the only ones to view the property.  According to the listing agent, they had numerous agents asking to see the condo after the storm cleared, our hard work paid off! 

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