7 Comments

1. 

   Native San Diegan on January 31, 2019 at 8:21 pm

   I am surprised the sellers did not put a higher minimum that they would accept as a bid (higher reserve) given they listed it at 9M. How common is it to get a property for that much off list for the properties listed 4 and above ? i figured a lot of people wouldn’t have bothered to bid when the price is significantly above market rate.

2. 

   Jim the Realtor on February 1, 2019 at 12:02 am

   Not common but I don’t know what the opening bid was. The auction company does a decent job of marketing, so there must have been a few bidders. It was sold with no reserve.

   But it had been on the market for 2+ years, so the sellers might have been exhausted and decided to take whatever they could get.

   RSF is a tough market. The sellers paid $4,847,500 in 1999.

3. 

   BAM on February 1, 2019 at 8:22 am

   JIM — Happy birthday to the best damn real estate agent in SD!!!

4. 

   Jim the Realtor on February 1, 2019 at 9:18 am

   Thanks BAM!

5. 

   Susie on February 1, 2019 at 9:59 am

   Happy Birthday to my real estate mentor. Do you want me to call and sing HB to you? Let me know… (It’s kind of a family tradition).

6. 

   Native San Diegan on February 1, 2019 at 1:25 pm

   Happy birthday ! Thank you for your great blog! 4.8 in 99, wow.

7. 

   Jim the Realtor on February 1, 2019 at 1:35 pm

   Thanks Native, and thanks Susie! It ain’t easy turning 80! (in realtor years)