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Updated about 2 years ago,

User Stats

108
Posts
49
Votes
Rob Chiang
  • Rental Property Investor
  • San Mateo, CA
49
Votes |
108
Posts

Got 2 offers 5 months ago, since then ZERO offers. Any Ideas?

Rob Chiang
  • Rental Property Investor
  • San Mateo, CA
Posted

Got an airbnb friendly or LTR Renovated 3plex 1 block from a beautiful santa cruz beach.  Had it listed for $2M, then got two offers at $1.8M (one was cash!) within the first few weeks.  We countered both and both walked away.  I do regret not taking the $1.8M offer straightaway now.  Here we are, 5 months later without any offers since then.  We lowered the price to $1.799M We are shocked at the shrinking size or hesitancy of the buyer pool.  Any ideas would be awesome.  Thanks,

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