Selling my home-Vent

[Jason@dvcstore]

What a nightmare. It is the worst! Keeping it showroom clean, getting a million calls from the realtor every day at ungodly hours, and today the most offensive offer! I think I am going to take my house off the market & just carry it for a couple of years. A guy serioulsy offered us 50K under what we asking, and we priced our house low. I dont want to counter offer, I just want him to go away. I am aware the market is bad right now, but I am not desperate. I am not going to GIVE the house away. I guess people just assume in this market we are all desperate? IDk, just wanted to vent. I dont want to rent it out,I do not want to be a landlord at all, I just want to keep it empty I think and have family check in on it while we are gone. I dont think it is worth all the aggravation of trying to sell in a bad market.

I wish you the best. We sold our house when the market was still pretty good but still took us 7 months to sell the house. Actually zero offers and then two within three days of each other and one of them was at our asking price.

Jason

 

[happily single]

First off I would counter-offer $1,000 less than your asking. Pretty much tell him to go take a hike. I understand people are trying to get deals and they think that everyone needs to sell, but you would never walk into a car dealership and offer that much off of a car. If he's serious about buying the house he'll come back with a more reasonable offer. Also, be sure your realtor knows what your bottom line is.

I recently looked at a house and the realtor said to me "They won't even entertain offers under xxx".

Finally, I've gotta say the whole "clean house" thing has not caught on here in RI. Maybe more house sellers should watch some HGTV.

 

[JoiseyMom]

As for the offer, why not just counteroffer 50k above asking price? OK, in reality, you wouldn't do it, but still, the guy might get the message.

I really really like this idea!!

 

[barkley]

I've been looking around at houses on and off for the last few years (bizarre hobby of mine). The houses were going for less last year then the year before, and are even lower this year. One's house is only worth what someone else is willing to pay for it ultimately. Without seeing the house and knowing what others have sold for recently (not the year before), it's hard to know if that's a really low offer, or just what the market is right now.

comps also do not reflect what the seller may have given back to the buyer in a purchase agreement as far as closing costs and incentives go. it can go into the tens of thousands.

the home we sold in mid 2006 (we were literaly the last homeowners in that city to sell before the market stalled-and the only home in escrow for an entire month) could at BEST-sell for 50% of what our buyers paid us for it. the homes that surround it are selling for less than they sold for in 2002 (when they were less than 2 years old and very up to date style wise).

i think it's the rare real estate market that's come anywhere near to stableizing-we personaly know of individuals in multiple states across the u.s. that are paying for unsold properties that they purchased supposedly after "the worst of the worst" in devaluations. they were thrilled to purchase at what they thought were rock bottom prices-only to find that 2 or 3 years later what they paid is nowhere near what the homes are selling for now (in one case the homeowners have moved to different parts of the county over the past couple of years due to job losses while their house sits unsold-they will never begin to re-coup what it's cost them to carry it).

 

[okeydokey]

I know it's hard but you can't take it personally. To you, it's your home and you have pride in it. To others it is a financial opportunity. You have to be more unemotional about it.

 

[Frye7127]

Be thankful you are getting showings and an actual offer (albeit a low one, but it is at least a start). Our home has been on the market since January, has shown once a month, had one couple close, but chose another due to the backyard not being fenced (offered a fencing allowance), and still nothing. we have since changed realtors and it has been one week. hopefully something will come of it. My DH moved the first of Dec 10 hours away for his new job, and we are starting yet another private school year, and no sold house. I hate having the house show ready at all times, and has been hard now that schools is out, but hopefully now that school is starting next week, it will be easier. I am ready for a house to feel like MY home again and my family under one roof again. It won't be soon enough.

I feel ya!