A few weeks back I wrote about setting a new record at the Embassy, when representing Tim, Tiffany and their son Kesey in the sale of their NW condo. That was only half the story though…
Prior to putting their home on the market we had spent time in SE and NE Portland looking for their new home. We even made an offer on a Sellwood home that fortunately went to another buyer. I say fortunately because we found a house that was a much better fit for them – 4312 SE Salmon.
The only problem with SE Salmon was that there was already an offer on the home, and we would need to make our offer contingent upon the sale of Tim & Tiffany’s condo, which was not even on the market yet. In today’s fierce real estate market, getting a contingent offer accepted is no easy task. Well, we gave it our best shot and presented a contingent offer that would allow us a little bit of time to get their home on the market and an offer accepted. The seller, however, had already had an offer accepted on her next home and did not want to stack up too many dominoes with the fear that if one falls, so does the whole thing. In other words, she accepted another offer.
We were able to get into first Backup Position though, meaning that if the other buyer pulled out, we would be first in line. I explained to my client that the chances of the other buyer pulling out on such a nice house would be slim to none and to not get their hopes up. Right in the middle of my expectation management I got a phone call from the listing agent letting me know that the other buyer had a change of heart and won’t be moving here from Arizona after all, and that the home is ours if we want it. If we want it?! Are you kidding me? Tim and Tiffany were ecstatic to hear their backup offer had been pushed up into first place!
We immediately had to speed up the process of getting their home on the market because if they couldn’t get their condo sold, they wouldn’t be able to buy SE Salmon, which means the seller of SE Salmon wouldn’t be able to complete the purchase of her new home. Lots of moving targets but we were confident we could get it done.
Fast forward to December 12, 2016, one business day after we closed on the condo: Tim, Tiffanyand their adorable little boy Kesey get the keys to their new home. We had pulled it off!
For me personally this was extra exciting as my family get to be neighbors with such an awesome family. The best part of all? It won’t be just the three of them living in the house… Prior to closing Tiffany found out Kesey is getting a sibling!