Austin KlarVanguard Properties · Lawyer Turned Real Estate Agent

Cow Hollow San Francisco Duplex Sold Under List with Multiple Offers

Name: Cow Hollow San Francisco Duplex Sold Under List with Multiple Offers
Uploaded: 2024-02-20T02:00:21+00:00
Duration: 40 s
Channel: Austin Klar
Description: In this brief video, real‑estate agent Austin Klar explains how his clients secured a recently renovated duplex in San Francisco’s Cow Hollow…

20 Feb 2024 · 1 min

Watch on YouTube

0:40

In this brief video, real‑estate agent Austin Klar explains how his clients secured a recently renovated duplex in San Francisco’s Cow Hollow neighborhood for $145,000 below the asking price, despite being one of three competing offers. He highlights the property’s key features—a clean disclosure package, a tenant‑occupied unit generating solid rental income, a newly renovated interior, and a rooftop with views of the Blue Angels. Klar describes the analytical approach his team took, using market data and seller information to justify a lower valuation, and notes the favorable transaction terms (cash offer, quick close, and a contingency). He ends with a call to viewers to follow him for more Bay Area real‑estate updates.

Chapters

Just because a property gets multiple offers doesn't mean it's going over ask. My clients just closed on this beautiful duplex in Cal Hollow. They were one of 3 offers and we got it for $145,000 under list. The property wasn't stale. It had only been on a couple of weeks, had a beautiful rooftop. The interiors were recently renovated and it had solid rental income from the tenant-occupied unit. And the disclosures were relatively clean for a building as old as this one. We took our time analyzing all the numbers and the market data and information that we knew about the sellers. And my clients really stuck to their guns on what we thought the property was worth. Even in the face of competition, we did have pretty good terms, quick close, close cash, but we did have a contingency. Still able to get the property well under ask. Really happy for them and cannot wait to watch the Blue Angels from the rooftop. Follow me for more Bay Area real estate. [FOREIGN]