Phinney Ridge Homes: Guess How Many Offers

Phinney Ridge Real Estate Bidding War Galore

Phinney Ridge homes in Seattle are hard to come by as any buyer looking in the Seattle neighborhood knows. There are bidding wars on Seattle homes in many of the hot neighborhoods including Phinney Ridge.

Looking at this Phinney Ridge Listing from the NWMLS listing data:

“Prime upper Phinney Ridge real estate! Sunny east facing 4 bedroom 2 bathroom craftsman ready for renovation. Nice entry space transitions to open living/dining room & nine foot ceilings. Large open attic with seven foot ceilings and views! Lower level has good ceiling height,an over-sized family room,2 beds and 1 full bath. An easy stroll to the Zoo,local,eateries,breweries,coffee shops of Phinney Ridge,Fremont & Ballard. Detached 1 car garage has private driveway. Easy commute to downtown.”

Cooper Jacobs Real Estate was able to sell this Phinney Ridge home located at 4806 1st Ave NW in Seattle, WA 98107. This Phinney Ridge buyer is THANKFUL this holiday season because she beat out 16 other offers.  Yes.  There were 17 offers on this Phinney Ridge home for sale. Curious about how to beat 16 other Phinney Ridge buyers in a bidding war? We have been in the trenches for a while in the Seattle real estate market and are able to offer you the tips on winning in a bidding war for a house if that is your goal.

It is interesting when you have a Seattle listing in a neighborhood where you know you are going to get multiple offers. We aren’t pricing these homes too low as some believe. There just aren’t enough of them relative to the buyers in the marketplace. Some sellers have gotten greedy under these circumstances, but most remain fair and reasonable. We have seen some take the “better” offer instead of just the “highest” offer. This is always the best course of action when it comes to the most likely way to close the property successfully. So how do you become the “better” offer when you may not necessarily have enough money or means to be the highest one? That is exactly where we come in as she has demonstrated time and time again.  *We represented the Phinney Ridge buyer in this transaction.

Hiring a Professional Buyers Agent who can get your offer in front of the pack:

We can go through the tools you will need in your arsenal to purchase a home in a seller’s market. We also happen to have brokers who are extremely personable and well liked in the industry (insider tip: if the listing agent doesn’t like your buyers agent or your buyers agent has a reputation for being difficult to work with then it will translate to it being more difficult for you to purchase a home).  We can’t stress enough how important a Realtor’s character and reputation in the industry is when it comes to representing YOU.

realestate@cooperjacobs.com