As of yesterday we officially cancelled the contract for the Hamilton house. They didn’t seem very interested in renegotiating at all. A shame because we had a buyer all lined up if they were more flexible on price. I can totally understand why they wouldn’t be, but it still sucks. We will just move on to the next prospect. Even though nothing came of this one we did learn a few things when it comes to estimating repair costs and what to look for.
Another first with this property was that we actually had to market it beyond our A-list buyers. It was great to actually go through the motions and see how getting a deal will bring the buyers. I’m not sure of the total count but we were still getting tons of calls as of yesterday.
Even if the house was no longer under contract or sold, leaving your advertising out there for a few more days can help you add more people to your buyers list. A good strategy in my book.
Short update today, but thought you all would like to know how it turned out.