Austin KlarVanguard Properties · Lawyer Turned Real Estate Agent

Sausalito Homebuyers Just Avoided a HUGE Mistake!

Name: Sausalito Homebuyers Just Avoided a HUGE Mistake!
Uploaded: 2024-07-29T23:00:20+00:00
Duration: 42 s
Channel: Austin Klar
Description: In this short video, Austin Klar warns homebuyers not to abandon a property simply because another offer has been accepted, emphasizing that real estate…

29 Jul 2024 · 1 min

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In this short video, Austin Klar warns homebuyers not to abandon a property simply because another offer has been accepted, emphasizing that real estate transactions remain open until they close. He recounts a recent case in Sausalito where his clients stayed engaged with the listing agent after a higher‑priced buyer’s contract fell through due to the buyer’s inability to sell their own home. Klar’s clients then renewed their offer at a price $200,000 below the original list price and successfully closed. The clip serves as both a cautionary tale and a promotional call for viewers to follow Klar for more Bay Area real estate updates.

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One of the biggest mistakes buyers make is giving up on properties after another offer has been accepted. A transaction is never done until it's done, and there are countless reasons why things fall outta contract, even ones that don't have contingencies. So it's definitely important to stay in touch with the listing agent and keep a pulse on things in case there's an opportunity. And that's exactly what happened with clients of mine in Sausalito. They just closed on a place that previously went into contract with another buyer at a higher price. The other buyers needed to sell their other house in order to buy this property. The sale wasn't going well, so they ultimately had to cancel the contract and came back to my clients. So we renewed our prior offer at a lower price than what the seller originally accepted, and it was $200,000 under the original list price. Super happy for my clients. Looking forward to seeing how they renovate the home and make it their own. Follow me for more Bay Area real estate.