In this market where many homes for sale in Newport Beach, Newport Coast, and Corona Del Mar are receiving multiple offers over a very short period, it helps if you can identify a motivated seller. The easiest way to see if a seller is motivated is watch for the largest percentage price drop and you should find a very motivated seller. Over the last 2 weeks there were 11 homes for sale in the Newport Beach area with price reductions. The largest percentage price drop came in at 13% for the home located at 1701 Highland Dr in Newport Beach.
The sellers dropped their price from $2,299,000 to $1,999,000 while only being on the market for 15 days! This luxury custom home in the Dover Shores neighborhood of the West Bay is 3649 sqft and is a 4 bedroom, 4 bath home. The home was fully remodeled in 2006 and is spectacular. So not only is it a beautiful home but the sellers are motivated, which to a buyers means BIG SAVINGS.
I didn't know any realtors servicing Orange County, so I viewed several of them online. David Feldberg of Coastal Real estate was the only realtor who contacted me the same day. I have always been skeptical, so I told him I would "think about" listing with him. After conducting thorough research, I realized the aggressive approach he described (via telephone) would be the best way to sell my house. Two days later, I called David back, and he met me at the house. He put my family at ease by describing his process and fully addressing our questions. He had the professional photographer on scene a few days later, and my house was listed before I could blink. Thereafter, I could not find a single website featuring local properties that did not include my listing. I am the type of person who takes a "hands on" approach, so I expected to be pushing my realtor every step of the way. I texted and called David with questions at least 30 times while the house was listed. The longest time I waited for his response was 7 (SEVEN) minutes. The vast majority of his responses were IMMEDIATE. David was always several steps ahead of me, so I learned to let him take the reigns. My property may have been difficult for mainstream realtors to sell because there were no similar properties sold in the area. David overcame this potential obstacle by holding an open house ALL THREE WEEKENDS that passed before a reasonable offer was made. That's right,... my house was sold within a month, and closed 30 days later. This was the fourth property I have sold over many years. The first three experiences were riddled with problems and delays. The undisputable difference between those experiences and this one was that DAVID TREATED THE SALE OF MY HOUSE AS IF IT WERE HIS OWN. Be the next person to make your real estate experience a true pleasure. Go with Coastal Real Estate Group!! - Steven L.