How Michael John Lau helped a family sell an estate home at 97 Mercer Crescent in 7 days, $51,000 over asking.
97 Mercer Crescent in Markham was an estate sale with multiple decision-makers. The family had started with another REALTOR®, felt rushed, and came back to Michael John Lau for a team that would communicate clearly and move at their pace. With showings limited to 8 AM to 3 PM, the home was prepared, marketed and launched within one week, drew 35 private showings and 40 open house visitors, and sold in 7 days for $51,000 above asking with a firm, condition-free offer.
The deal, in six lines.
- Client
- A family selling a late relative's home, with more than one decision-maker at the table
- Situation
- Estate sale. Had listed with another REALTOR®, felt rushed, and came back to Michael for a slower, clearer process
- Location
- 97 Mercer Crescent, Markham
- Property
- Detached home, 2 bedrooms, 2 bathrooms, free and clear, decluttered and professionally cleaned before launch
- Timeline
- Prepared, marketed and launched within one week; sold in 7 days; showings restricted to 8 AM to 3 PM
- Result
- Sold for $750,000 against a $699,990 list price, $51,000 above asking, 35 private showings, 40 open house visitors in one weekend, firm offer with no conditions
What makes an estate sale harder than a normal sale?
Decision-makers. When a family is selling a loved one's home, there is rarely one person to call. There are co-executors, siblings, lawyers and paperwork, and everyone is dealing with the loss at the same time. Like many estate sales, timing, communication and trust mattered at 97 Mercer Crescent just as much as the price.
Why did the family come back after choosing another REALTOR®?
They had initially decided to work with someone else. After feeling rushed through the process, they reached back out to Michael. What they wanted was simple: a team that would communicate clearly, move at their pace, and put a strategy in place that protected the estate's interests. Michael's first job was not to list the home. It was to slow things down and make sure every decision-maker understood the plan.
How do you launch an estate listing in one week?
Once the family was comfortable, the pace picked up. The home was already free and clear, decluttered and professionally cleaned. Within one week Michael's team had the property professionally prepared, photographed, marketed and launched, with the family kept informed at every step so nobody felt rushed a second time.
What do you do when showings are limited to 8 AM to 3 PM?
This was the real constraint. The sellers could only accommodate showings between 8:00 AM and 3:00 PM, which cut out the evenings and weekends most buyers rely on. Michael treated it as a reason to create demand before the doors opened, not as an excuse for a slower sale.
The marketing strategy did the heavy lifting: a full launch across MLS, social media and the buyer-agent network, consistent follow-up with every agent who showed interest, and a weekend open house that brought 40 visitors through the home. The narrow window filled up. In total, 35 private showings were booked inside those hours.
How did the negotiation play out?
Multiple interested buyers meant Michael could negotiate from strength. The family did not just want the highest number. They wanted certainty, because an estate cannot afford a deal that falls apart. The accepted offer was clean and firm, with no conditions: $750,000 against a $699,990 list price, $51,000 above asking. The home was sold 7 days after launch.
What should someone else in this situation know?
Great results do not happen because of luck or simply putting a home on MLS.
They come from a marketing strategy that creates demand, consistent communication with buyer agents, strong negotiation when offers come in, and a team committed to making the most of every opportunity. Every home has a different story, and every seller deserves a strategy built around their situation, not a one-size-fits-all approach. If you are selling an estate home, choose the team that respects your pace before it promises you a price.
Questions people actually ask.
What makes an estate sale different from a normal home sale?
Multiple decision-makers. With co-executors and family members involved, timing, communication and trust matter as much as pricing. The agent's job is to keep everyone informed, move at the family's pace, and put a strategy in place that protects the estate's interests.
Why did the family switch REALTORS® partway through?
They felt rushed by their first agent. They came back to Michael because they wanted a team that would communicate clearly, respect their timeline, and build a plan around their situation instead of pushing them to list.
How did the home sell in 7 days with showings limited to 8 AM to 3 PM?
By creating demand before the doors opened. Professional preparation and a full marketing launch within one week, consistent communication with buyer agents, and a weekend open house that drew 40 visitors meant the limited showing window filled up: 35 private showings, multiple interested buyers, and a firm offer $51,000 over asking.
Can an estate sale in Markham still sell over asking?
Yes. 97 Mercer Crescent sold in 7 days, $51,000 above asking, with a clean, firm offer and no conditions. That result came from strategy, preparation and negotiation, not from luck or simply putting the home on MLS.
A conversation is just a conversation.
If you are handling an estate sale, or you have been wondering what your home could sell for in today’s market, call or text Michael at (416) 700-0286 or book a consultation. He will walk you through what a customized selling strategy would look like for your property.
Book a consultation Call (416) 700-0286Michael John Lau is a licensed REALTOR® with eXp Realty, Luxury Division (License #4784577), serving Markham, York Region and the Greater Toronto Area. Case studies describe real transactions; client details are shared with permission and some identifying information has been withheld. Past results do not guarantee future outcomes, and every sale or purchase depends on the property, the market at the time, and the client's goals. Nothing on this page is legal, tax or financial advice.