Published May 30, 2024

A dream home in the Hills...

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Written by Clemens Mandell

A dream home in the Hills... header image.

Recently, I listed this picture perfect home in the Hills of Studio City with a view to die for!

Our initial open houses were held on a weekend marked by the season's final rainfall. Despite the inclement weather, we welcomed an impressive turnout of 60 potential buyers on Saturday and an additional 70 on Sunday. These were not casual observers, but serious buyers who braved the adverse conditions to see this gem. Given the overwhelming response and the property's competitive pricing, location, and impeccable condition, my client and I anticipated receiving between 3 and 7 offers.

The feedback from visitors was overwhelmingly positive, with not a single negative remark about the house. However, we received a single offer. This offer, though solitary, was robust, slightly above the asking price, and came with favorable terms. After all, it only takes one exceptional offer to seal the deal!

This experience served as a valuable lesson on the evolving behavior of buyers in the current market. It's noteworthy that several neighboring properties, some on the market for months, have yet to receive an offer.

This home, however, is a "trophy property"! I invite you to watch the accompanying video below to truly appreciate the charm of this residence. We are currently in the negotiation phase with the potential buyer, discussing credits and repairs. We remain optimistic and prepared to finalize this deal in the coming days.

If you are contemplating a change of scenery, I encourage you to reach out to me. Let's explore the possibilities that await you in your journey to find your dream home.


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