Property Address: Evergreen, San Jose
The Challenge:
The property at 3508 Casabella Ct, San Jose (Evergreen area) saw high foot traffic during the initial open house. Sensing a bidding war, the seller issued a high counter-offer. In a “hot” market, many buyers feel pressured to waive contingencies or pay significantly over-market value to secure the home.
The Strategy:
- Preventing the Bidding War: After analyzing the open house traffic, Laxmi Penupothula identified that time was of the essence. She moved immediately to submit a strategic counter-offer at a lower, more justifiable price point.
- Pre-empting the Deadline: By leveraging her communication with the listing agent, she secured an acceptance before a formal offer deadline could be set, effectively removing the competition from the equation.
- Ironclad Protection: Laxmi maintained a 5-day contingency period. Unlike many agents who rush to remove contingencies to satisfy the seller, Laxmi kept these protections in place until the close of escrow. This allowed her the leverage to renegotiate should any new inspection findings arise, ensuring the buyers never inherited “hidden” problems.
The Result:
The buyers successfully closed on their home at a favorable price, with their earnest money protected and the security of a thorough inspection period.
Compliance Signatures & Disclosures
Laxmi Penupothula Real Estate Specialist
Intero Real Estate Services DRE License #02047105 Office: Los Gatos, CA | Serving: Fremont, San Jose, & Surrounding Areas
Disclaimer: This case study is for informational purposes only and is intended to demonstrate professional experience and marketing strategy. Past performance does not guarantee future results. All real estate transactions are unique, and market conditions vary. This is not a guarantee of a specific financial outcome. Information is deemed reliable but not guaranteed.
