Palo Alto
Max and Deirdre had just bought a historic home on the Stanford campus, with Chris representing them. Now they had 60 days to arrange the loan and the Stanford lease, and to sell their Palo Alto home quickly, for top dollar, with no contingencies.
With a full household to move, there was no time to waste.
Chris brought in a team of specialists, including a professional move manager, and the household was packed and moved in three days. Then came paint, refinished floors and fresh landscaping. The eight-year-old house looked brand new.
Chris priced it at $2.5 million, turning the dial up based on what he was seeing in the market. Throughout, he kept the sellers updated on competing homes, what buyers were looking at, and what was and wasn't selling.
The market was also buzzing ahead of the Facebook IPO. Chris raised the question of what would happen to buyer sentiment if the IPO disappointed, and they decided to take offers the day after it, a week earlier than planned.
Four strong offers. After a final round of bidding, the house sold for $2,750,000, all cash, with no contingencies: $250,000 over asking, and 14 days from staging to sale.
