Level up? Perhaps not! Things were bound to change when Russell Wilson decided to leave the Seattle Seahawks behind and move ahead with the Pittsburgh Steelers. With this, the couple decided to sell their Washington mansion. In 2022, they already put their home on the market for $36 million and at the time, it was the most expensive listing in the state. But with changes in Wilson’s NFL career, they were in a bit of a hurry and instead of waiting for the right buyer, decided to slash the price by $10 million. A wise decision?

Real estate mogul Barbara Corcoran would say no! She was on the ‘Money Rehab with Nicole Lapin’ podcast in November where she shared that dramatically slashing prices was a bad idea. Hear it from her:

Speaking about Kylie Jenner and Travis Scott making a similar mistake, Corcoran stated, “You have to be realistic. And I don’t think its a good idea to drop prices on expensive or lower price real estate because it always is a signal to the buyer, ‘Oh, there is a problem here’ and they immediately try to figure out what the problem is and they are cursed to make it an even lower offer. You are much better off taking the home off the market, waiting three to six months, listing with a new broker and coming out with a new listing.”

The discussion then turned towards Russell Wilson and Ciara. Talking about their situation, Corcoran revealed:

“I would say the exact same thing. Take it off the market and list it in three to six months and with a new price. You know what? It is a reality of real estate sales that famous people always pay more for the real estate and almost always over pay,” she shared before revealing an anecdote about Jerry Seinfeld.

Back when Corcoran was a young real estate broker, one of her colleagues had Seinfeld as their client. The comedian fell in love with an apartment in Central Park. When the owner saw that Jerry Seinfeld was interested in buying, he increased the price by almost $2 million!

However, Seinfeld was okay with it and Corcoran noted that famous people are used to being over-charged. But coming back to the Wilsons, we can only hope they listen to Corcoran next time! Corcoran is the founder of ‘The Corcoran Group & Shark’ and Executive Producer on ABC’s ‘Shark Tank’.

Regardless, reports suggest that the Wilsons pocketed a total of $31 million for the entire estate (the house was sold for $21.25 million and the lot next to it for $9.75 million), which is $5 million less than their initial listing.

They had originally purchased it in 2015 for $6.7 million and a couple of years later, they paid an additional  $6.7 million for the lot next to it. All in all, it looks like they made quite a big profit. Apart from this, there is another mansion of the couple which they put on the market.

Did Russell Wilson & Ciara Wilson sell their Denver home too?

Russell Wilson and Ciara said goodbye to their Denver dream home this year. After his exit from the Broncos, the couple moved on, putting their $25 million mansion up for sale.

This Denver home, which they purchased in April 2022, wasn’t just any home, it was so much more. Sitting on five acres in Cherry Hills Village, the 20,000-square-foot estate made history as the most expensive residential property in the Denver metro area.

It had four bedrooms and 11 bathrooms, but the highlight was an indoor pool, a basketball court, and a four-car garage. It even had a guest apartment with its own kitchen.

But after signing with the Steelers and moving ahead in his NFL career, Russell Wilson decided to sell his Denver mansion at a loss. The couple even hosted tours for prospective buyers. He sold it earlier this year for $21.5 million—much less than what he had purchased it for.

As the couple opened their doors for tours to different states until their Pittsburgh stop, they were ready to pass this stunning piece of their journey to someone else.