This weekend I will be holding open this 3 bedroom 2 Bathroom home in Albany.
This home is filled with light, hardwood floors throughout, box beam ceilings and a remodeled kitchen. The large master suite in back opens out to a lovely yard. I will be holding this home open from 2pm - 4:30 on Saturday and Sunday.
This is actually the third weekend of open homes for 525 Albany. Why is this home still on the market? Over 300 people came to see the house on the weekends. It seems to be the perfect size for a new family trying to get into the Albany School district. It is a little eccentric, but charming none the less.
Some of the people who were considering writing an offer for the home saw all the people at the open houses, the location and size of the home, and they decided that there was going to be too much competition, and so decided not to make an offer. This news came from their agents. This would sometimes happen in the Real Estate market we had pre-2005. The perception of a highly desirable home can drive potential offers away.
This is a lesson about having your agent keep in close touch with the listing agent regarding offers. Someone could have walked away with a great value purchase. Someone still might. I predict all those people who wanted to make an offer, but chose not to, will see that 525 Pomona is still on the market, and at least 2 offers will come in next week, and they will get the home at a great price.
