The story behind this sale is exciting and was so rewarding for me as an agent. Initially, my clients completely fell in love with the property. Still, by just looking at the address I could tell, it would be a competitive home to get. Friendship Heights in Maryland is a sought after neighborhood for many buyers, given that it has an urban feel in a residential area. There are many restaurants and coffee shops and needless to say that public transportation is excellent.

One of the initial steps in the purchase process is to contact the listing agent to have more information on the property and the deadlines set for offers. After our first conversation, I knew immediately knew we had to provide a highly competitive offer. However, it is important to guide the clients through the process and train them to fully understand how the market works and the measures that have to be taken before getting anxious and offering high amounts of money just to get the house. Upon doing the Comparative Market Analysis, we noticed the house had a great market price, and even with offering a higher amount, my clients could still preserve equity. When the deadline for offers submission arrived, we were all nervous; however, I was able to contact the agent to find out more about the offers, and nine had been submitted. Surprisingly one other buyer had sent the same offer as us, meaning that the amount and contingencies put in place were the same. Thankfully, because of the working relationship, I was able to build with the seller’s agent, our offer was accepted.

Now the hard work really began, where we have to set the timeline where financial, inspection and appraisal contingencies have to be put in placed and fulfilled. Sure enough, as we had anticipated, when the appraisal report was made, my clients and I were so happy to see that the home was actually appraised at an even higher value then what they had offered. It is safe to say the clients arrived at closing day with a big smile on their faces and myself as an agent was so content to have gone through another successful transaction.

Living Room
Bathroom
Basement
Dining Room
Backyard

.

The story behind this sale is exciting and was so rewarding for me as an agent. Initially, my clients completely fell in love with the property. Still, by just looking at the address I could tell, it would be a competitive home to get. Friendship Heights in Maryland is a sought after neighborhood for many buyers, given that it has an urban feel in a residential area. There are many restaurants and coffee shops and needless to say that public transportation is excellent.

One of the initial steps in the purchase process is to contact the listing agent to have more information on the property and the deadlines set for offers. After our first conversation, I knew immediately knew we had to provide a highly competitive offer. However, it is important to guide the clients through the process and train them to fully understand how the market works and the measures that have to be taken before getting anxious and offering high amounts of money just to get the house. Upon doing the Comparative Market Analysis, we noticed the house had a great market price, and even with offering a higher amount, my clients could still preserve equity. When the deadline for offers submission arrived, we were all nervous; however, I was able to contact the agent to find out more about the offers, and nine had been submitted. Surprisingly one other buyer had sent the same offer as us, meaning that the amount and contingencies put in place were the same. Thankfully, because of the working relationship, I was able to build with the seller’s agent, our offer was accepted.

Now the hard work really began, where we have to set the timeline where financial, inspection and appraisal contingencies have to be put in placed and fulfilled. Sure enough, as we had anticipated, when the appraisal report was made, my clients and I were so happy to see that the home was actually appraised at an even higher value then what they had offered. It is safe to say the clients arrived at closing day with a big smile on their faces and myself as an agent was so content to have gone through another successful transaction.

Living Room
Bathroom
Basement
Dining Room
Backyard

.