Talked to the realtor last nite, He said he is very suprised we have not had an offer considering the amount of showings we have had. He did say We have 2 very good prospecs..1 they would like to make an offer but are trying to arrange financing(of course) 2 They live out of state and have narrowed it down to 2 homes, and 1 is ours, they come back in town tomorrow to make their choice. So give me some![]()
I would like to know where that deal was at...We have a 1200sq ft. home and all I could find was $1600.. That was for cheap..cheap!
We have signed papers wo lower the price on Monday. Turns out our house was also listed in the paper yesterday as the house of the week. A huge half page picture on the front page of the real estate section. I am anxious to see if that brings any new traffic this week.
If you have absolutely no showings in 30 days you're 10 percent overpriced. If you have lots of showings and no offers your five percent overpriced.
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How interesting! The house that we sold last month had lots of showings and no offers. The actual selling price was almost exactly 5% less than our original asking price. This is great advice people!
Our realtor says that you normally won't sell a house having an open house, that you'll get bored people w/ nothing else to do and nosy neighbors who haven't been in yet..... She'll do one if we want, but she doesn't think they do a lot of good. Guess we'll wait and see how it goes for a week or so and then decide. She does run ads in the paper, but doesn't think they do much as far as getting the house sold... more b/c she feels that clients expect it when they hire a realtor. We're paying a flat fee which is less than 1% of our asking price and she's really doing a lot for us...
Seems to me if their are a lot of lookers and it is true about being 5% overpriced, you would at least get a couple of low ball offers. But I guess not since we havn't had one!
Has anyone had any experience paying points? We have a buyer for our house but they are doing FHA and need us to pay points. We told them the sale price of the home will reflect the points now. There is no way I will take a $6,000 hit with the deal we are already giving them.