Portland home sale includes offer of free pizza for life - KPTV - FOX 12

Portland home sale includes offer of free pizza for life

Posted: Updated: Jun 02, 2015 08:58 AM
Within three days of listing their home for sale, Rob and Holly Marsh already had four offers Within three days of listing their home for sale, Rob and Holly Marsh already had four offers
Donna DeNicola offered Rob and Holly Marsh a free pizza every month for life along with her offer to buy their home Donna DeNicola offered Rob and Holly Marsh a free pizza every month for life along with her offer to buy their home
PORTLAND, OR (KPTV) -

A Portland family got free pizza for life just for selling their house.

Rob and Holly Marsh put their home on the market just a few days ago. In three days, they had four offers, but one stood out.

"I felt like I was in a poker game," Donna DeNicola, owner of DeNicola's Italian Restaurant in Southeast Portland said.

At DeNicola's, pizza is serious business. There it's not just food, it's now a bargaining chip.

DeNicola's offer was $26,000 over the asking price. She threw in free rent for two months and to top it off, she put in a special clause.

"Then I just kind of added, I'll throw in one pizza a month for life," DeNicola said. "I'm willing to do anything because I know this market is crazy."

According to Realtor Nathaniel Bachelder with Urban Nest Realty, inventory is at a historic low. He says, as of the end of April, if every home on the market sold, they would be gone in less than two months.

"People are waiving inspection contingencies, waving appraisal contingencies. I'm seeing more offers sight unseen," he said.

Home buyers in the Portland area are having to go the extra mile.

"You kind of have to get creative at this point," DeNicola said.

DeNicola said free pizza is a small price to pay for getting what they wanted.

"I'm going to be buying them a pizza for life, so I will know them very well. I'll watch their kids grow up," she said.

"I really feel like they wanted this place, and they understood where the seller was coming from, and they built an offer around that," Rob Marsh said.

How much pizza does this all add up to? At $20 a pizza every month for the next 40 years, that adds up to 480 pizzas valued at almost $10,000.

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