By Jené DeSpain, June 27, 2023
After hitting the market around 4:30pm on a Thursday this mid Spring, my seller and I had immediate requests for showings from hungry buyers. Our first buyer appointment was scheduled for 6pm that day and they submitted an offer that evening by 9:30pm at almost $35k over asking. That following weekend would continue to produce constant buyer appointments, two very active open houses, and a total of 7 buying parties VERY interested in placing an offer.
We ended up with 4 extremely strong offers from some really incredible families. Things ended up escalating to over $240,000 over asking. While the Portland market has remained strong with housing inventory very low, you might be wondering how did this single home receive such strong high offers? The big ticket = absolutely dialed, move-in ready, single level living, with bonus basement space. Each of the families that offered NEEDED a home where they could live on the main level and enter into the front door, out into the backyard, and into a detached garage with very little steps. This gorgeous home offered all of those features. While I hoped a great amount of success for my seller, I had no idea how powerful the need was for buyers looking for this style of home.
I have been contacted a few times by fellow agents and developers asking what was the golden ticket to this property. It’s opened my eyes to the sincere demand for all types of families who want to live in inner NE Portland, but need to have the home be accessible with only a few steps into the house, with the majority of living on that main level. It was such a spectacular transaction. My seller was beyond delighted with the marketing I was able to create and the navigation we journeyed together towards a very happy close on her home. Congratulations to all the parties involved in this adventure! So special to work on such a fantastic deal with a truly wonderful buyer’s agent and very dedicated buyers. ♥︎
