Sold Above Asking: 2261 East 18th Street, Brooklyn
Updated: Oct 21
By Jean-Claude “J.C.” Ho | JC Real Estate Capital
62 attendees. 11 offers in five days. A completed sale above the asking price.
Those were the results at 2261 East 18th Street, Brooklyn. For homeowners considering selling, this transaction highlights two important decisions: setting the asking price and choosing an offer.
The Strategy Started With Pricing Research
Before bringing the property to market, I researched pricing to help the seller make an informed decision about the asking price.
My goal was to position the property competitively while keeping the seller’s interests at the center of the strategy. Pricing deserved careful attention before the first buyer walked through the door.
The property subsequently attracted 62 attendees and 11 offers within five days.
Strong Interest Creates Choices
With multiple offers, the seller had several options to consider. That interest created an opportunity—but each offer still needed careful evaluation.
Which buyer was prepared to proceed? What conditions accompanied the offer? Did the proposed schedule fit the seller’s plans?
An informed decision requires understanding the complete terms.
Looking Beyond the Offer Price
When reviewing offers with a seller, I focus on:
Purchase price and requested concessions
Financing and supporting documentation
Contingencies and potential obstacles
The proposed contract and closing schedule
Estimated net proceeds
A buyer’s proposed down payment is one consideration. The goal is to understand both the offer’s financial value and the steps needed to reach closing.
At 2261 East 18th Street, the transaction ultimately closed above the asking price.
What Brooklyn Homeowners Can Learn
Every property has a different competitive position. Pricing research provides a foundation, while buyer response helps inform the decisions that follow.
This transaction’s results do not mean every home will receive multiple offers or sell above asking. They illustrate the importance of preparing before listing and carefully evaluating opportunities when they arrive.
Before selling, homeowners should ask:
What could my property realistically sell for?
What other properties will buyers compare it with?
What might I walk away with after expenses?
Understanding your potential selling price and estimated net proceeds can help you plan your next move with greater clarity.
Experience With Your Interests First
I’m Jean-Claude “J.C.” Ho, Licensed Real Estate Broker and owner of
JC Real Estate Capital, based in Bensonhurst, Brooklyn.
With more than 25 years of experience, including my years with Fillmore Real Estate,
I help buyers, sellers, and investors make informed real estate decisions.
My approach combines traditional values, modern marketing, market knowledge, and a commitment to my clients’ best interests.
Thinking About Selling?
Whether you own a house, condo, multifamily building, mixed-use property, or land, start with a personalized assessment of your property and your goals.
Contact me for a complimentary market analysis and a discussion of your estimated net proceeds. No obligation.
Jean-Claude “J.C.” Ho
Licensed Real Estate Broker | JC Real Estate Capital
Call: 917-674-2002 / Office: 718-513-1885
People First. Sales Second.
Comments