The Puget Sound Business Journal recently published this article about selling an 1,100 sqft brick house in Ballard for $717,000 ($158,000 more than the asking price).
Yep yep! We’re seeing this happen all over the hot neighborhoods of Seattle. Presentation is still key to get this kind of activity. You can’t just throw your home on the market and expect 20% over the asking price in a week. Strategizing, marketing to your target demographic and presenting the home in a way that will appeal to the buyer’s emotions is key to the really insane bidding wars.