Austin KlarVanguard Properties · Lawyer Turned Real Estate Agent

Nob Hill SF Home Sells for Under Appraised Value

Name: Nob Hill SF Home Sells for Under Appraised Value
Uploaded: 2024-05-18T01:00:22+00:00
Duration: 30 s
Channel: Austin Klar
Description: In this short YouTube clip, real‑estate agent Austin Klar explains how he recently closed a transaction on a Nob Hill, San Francisco condo that sold for…

18 May 2024 · 1 min

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0:30

In this short YouTube clip, real‑estate agent Austin Klar explains how he recently closed a transaction on a Nob Hill, San Francisco condo that sold for less than recent comparable sales and below its eventual appraised value. The property had lingered on the market, and unique seller circumstances allowed Klar to negotiate a price lower than both market comps and the appraisal, giving his buyer‑clients immediate equity from day one. Klar praises the client couple, highlights the financial advantage of the deal, and ends with a call‑to‑action encouraging viewers to follow him for more Bay Area real‑estate insights.

One of the best feelings as an agent is when you help clients purchase a property for less than its appraised value. And that just happened again on a property we closed on in Nob Hill. It had been on the market for a couple months with no bites, and given the unique circumstances of the sellers, we were able to purchase it for less than what other units in the building recently sold for and less than what it eventually appraised for. So not only did my clients get a great deal, but they also have built-in equity on day one, setting themselves up great for the future. Couldn't be happier for my clients. They're one of the nicest couples I've ever met, and I'm really excited to see what they do in their new home. Follow me for more Bay Area real estate.