Bidding war in Pemberwick (!)

3 Hickory Drive, literally on the Greenwich/Port Chester border, was listed in April at $785,000 and closed today for $925,000. It’s interesting, to me at least, that all bids had to be submitted directly to the owner’s attorney, and listing agent Steve Archino added the assurance “I will not be representing a buyer”. Steve has such a solid reputation that no such assurance from him is necessary in the small world of Greenwich real estate agents who’ve known and worked with him for decades, but when some agents end up selling their listing to their own client in these situations, disappointed buyers can suspect that the fix was in. Not the case with Steve, but as a general practice, I think it’s a good idea.

(The listing describes the home as “move-in ready”, but the buyers may want to bring their own air mattress)