Are Million Dollar Homes really that interesting?

Are Million Dollar Homes really that interesting?

 

Yes, it would seem they are.  From the TV shows we watch to the magazines we glimpse while waiting for groceries to be scanned at the super market, there’s a certain awe.  Perhaps expected but then again, maybe just a curiosity.   But, what happens when you’re a prospective buyer or seller. 

When one’s home is on the market, you would think they would like to sell.  Sometimes though I sense such interest exists only if someone is willing to pay the price the homeowner has set. 

Looking at the activity occurring in Pierce County, Washington the past five days, the following information can be gleaned.

There were six new listing, with only three of them actually new.  The other three had been listed but one expired and two had listings cancelled.  As of now, each has been relisted by a new agent at a lower price.  Several times that’s happened to me.  But still I wonder, why didn’t the seller allow the original listing salesperson the opportunity to showcase their property at the lower price?  Perhaps those sellers said “I won’t sell for anything less.”  Perhaps they chose to disregard whatever professional advice they had been given.  Maybe they just didn’t like their salesperson.  Whatever the reason, it’s a curiosity to me.

Most interesting are the two homes indicated as “pending inspection.”  Pending inspection indicates a sales contract at some unknown price has been accepted by the seller.  Except the contract is “subject to” an inspection.  Typically the inspection, based on the condition of the home, allows the buyer to renegotiate terms of the contract or ask that certain repairs be made.  Of the two homes in this category, one is priced at $1.1 and the other is at $2.1 Million.  One is in North Tacoma and the other is in the heart of Gig Harbor.  Both are relatively new and offer both modernistic and sensational fixtures, doors and hardware.  Neither is a waterfront home but both have exceptional views, exceed 4,000 square feet of living area, have gas range tops and were on the market just less than a month.

The home in north Tacoma is understandable.  The area is close to the hospitals and, as such, residents to many physicians.  The home in the harbor is a bit of a mystery.  It’s priced well above homes similarly located with comparable views.  Perhaps the prospective buyer does a lot of entertaining.  But, one thing is certain, every buyer is unique. 

Wishing you countless Blessings today and always, I remain your host of choice.  Ken Thiemann with Windermere Professional Partners.