Steph Curry Loses Big Money When Selling His Walnut Creek Home

Steph Curry lost over a half million dollars recently when selling his Walnut Creek home. Notwithstanding the points made by the out of the area agents opining on why this occurred, one main point not even broached was the mispricing of the property to begin with. Pricing strategy is critical when listing a home; numerous factors go into this calculation – objective, and sometimes subjective, criteria. The subjective criteria is likely to be to the detriment of the seller. In this case it is likely that the overpricing of the property accentuated the losses which could likely have been mitigated if a different pricing strategy had been undertaken from the beginning. Once the property is mispriced and stale from sitting with no activity on the market, recapturing momentum is an uphill battle.

Read the full article here: Steph Curry Throws Up A Brick When Selling His Home


About the Author

Adam’s real estate experience encompasses residential sales, renovations, real estate development, property and asset management, and multifamily investment acquisitions. He has helped countless clients buy and sell property throughout the Bay Area, including in San Francisco, Marin County, Alameda County, San Mateo County, and Santa Clara County. He has overseen the condo conversion and major renovation of a two-unit building, and has worked on several affordable housing residential development projects with budgets exceeding $20 million, helping low-income families secure safe, affordable housing. He is currently working on a project that entails adding a condo unit to an existing building as well as a major horizontal expansion and renovation, increasing the total square footage to approximately 1500 square feet. Prior to working in real estate, Adam practiced immigration law and real estate law. His extensive background as an attorney and his broad real estate experience allow him to faithfully advance his clients’ interests in both the purchase and sale of real estate. Adam’s clients benefit from strong negotiation skills, contractual expertise, and deep knowledge of local rules and regulations.