Comments on: How do you sell a house fast in a slow real estate market? http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my We buy your property fast! Sun, 25 Jul 2010 20:51:33 +0000 http://wordpress.org/?v=2.8.6 hourly 1 By: TheMom http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1553 TheMom Wed, 23 Jun 2010 12:52:00 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1553 I don't have access ot CO MLS, but this is a TINY house, less then 800 sq feet. My bedroom is bigger. You do realize that a neighbor recently sold the same size house for 88k? I think you are over priced by at least 20k. You may have over improved for the neighborhood. As a flipper you should know better. The people in your price range can by in a safer and nicer neighborhood, so they will. Also, there is NO WAY you can get it appraised that much more then the neighbor. This will prevent anyone from being able to get a loan for the house, the banks will not agree to mortgage it over the value. The only way you can dump this baby is to lower the price to what the neighborhood buyers can afford. I don’t have access ot CO MLS, but this is a TINY house, less then 800 sq feet. My bedroom is bigger.

You do realize that a neighbor recently sold the same size house for 88k? I think you are over priced by at least 20k.

You may have over improved for the neighborhood. As a flipper you should know better. The people in your price range can by in a safer and nicer neighborhood, so they will.

Also, there is NO WAY you can get it appraised that much more then the neighbor. This will prevent anyone from being able to get a loan for the house, the banks will not agree to mortgage it over the value.

The only way you can dump this baby is to lower the price to what the neighborhood buyers can afford.

]]> By: CommonCents http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1552 CommonCents Tue, 22 Jun 2010 21:53:48 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1552 Lower the price AND up the commission to the selling agent. In a slow market, YOU want to have the most attractive deal, so that anyone who is looking in your price range, would find yours the most attractive deal, and the real estate agents will push your property, cuz they will make mo' money. The reality is that there may be no buyers in your price range. Lower the price AND up the commission to the selling agent.

In a slow market, YOU want to have the most attractive deal, so that anyone who is looking in your price range, would find yours the most attractive deal, and the real estate agents will push your property, cuz they will make mo’ money.

The reality is that there may be no buyers in your price range.

]]> By: Smiley http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1551 Smiley Sun, 20 Jun 2010 03:20:57 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1551 stage it, forget the plasma and the furniture gift card, make it look ready to move in. Go to outlet stores and buy furniture and accessories, or rent some furniture, it doesn't have to be a whole lot. People will not buy a house unless they can imagine themselves living in it, and trust me people don't have much imagination. stage it, forget the plasma and the furniture gift card, make it look ready to move in. Go to outlet stores and buy furniture and accessories, or rent some furniture, it doesn’t have to be a whole lot. People will not buy a house unless they can imagine themselves living in it, and trust me people don’t have much imagination.

]]> By: MommaBear http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1550 MommaBear Sat, 19 Jun 2010 07:38:28 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1550 Lower the price. There's just too much inventory laying around for anyone to pay full price for anything, unless it was incredibly unique (and, frankly, stainess steel appliances and pedestal sinks hardly qualify as unique.) Sounds like you may have put a little too much into the landscaping for a flip in this market, unless it was a real trashdump to begin with. Last year's comp is interesting, but basically -- it's old news. What has sold in the last 3 months? The last 6? When they say the real estate market has slowed -- they aren't kidding, ok? Lower the price. There’s just too much inventory laying around for anyone to pay full price for anything, unless it was incredibly unique (and, frankly, stainess steel appliances and pedestal sinks hardly qualify as unique.) Sounds like you may have put a little too much into the landscaping for a flip in this market, unless it was a real trashdump to begin with.

Last year’s comp is interesting, but basically — it’s old news. What has sold in the last 3 months? The last 6? When they say the real estate market has slowed — they aren’t kidding, ok?

]]> By: glenn http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1549 glenn Wed, 16 Jun 2010 08:25:02 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1549 In Texas we had very tough markets in the early 1990's. Lots of people tried free items or vacations or such. None of that really helps- I don't think agent bonuses help either. It sounds like you ahve done everything to make the house show very well. You have to adjust the price. In Texas we had very tough markets in the early 1990’s. Lots of people tried free items or vacations or such. None of that really helps- I don’t think agent bonuses help either.

It sounds like you ahve done everything to make the house show very well. You have to adjust the price.

]]> By: dzwreck http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1548 dzwreck Sun, 13 Jun 2010 06:50:56 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1548 Unfortunately in a slow real estate market you are going to have a hard time selling your home for the price you want for it. The best chance you have to sell fast is as mentioned above, lower your price. How are you advertising the home? You may want to talk with your Realtor and demand more out of them if you have only had a few showings thus far. Offer to pay closing costs, up to a specified amount (approximately 2k or so) as well if you get your full price that you are asking. This way you are offering a 2k furniture card and a 2k credit towards closing costs, which really seems like a lot to the ordinary person, however, in essence you are only losing 4k from your asking price, which is very reasonable and not very much in the grand scheme of things. Best of luck to you. Unfortunately in a slow real estate market you are going to have a hard time selling your home for the price you want for it. The best chance you have to sell fast is as mentioned above, lower your price. How are you advertising the home? You may want to talk with your Realtor and demand more out of them if you have only had a few showings thus far. Offer to pay closing costs, up to a specified amount (approximately 2k or so) as well if you get your full price that you are asking. This way you are offering a 2k furniture card and a 2k credit towards closing costs, which really seems like a lot to the ordinary person, however, in essence you are only losing 4k from your asking price, which is very reasonable and not very much in the grand scheme of things. Best of luck to you.

]]> By: empallice http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1547 empallice Sat, 12 Jun 2010 20:40:49 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1547 My opinion noone will buy them if they dont target the long haul if you more in the long haul if you more. For leaseoption on year contract good appreciation can flip any old house here and make. My opinion noone will buy them if you more in the very worst case scenario would put it up for leaseoption on year contract good luck. My opinion noone will buy them if they dont target the long haul if you more in the long haul if you more.
For leaseoption on year contract good appreciation can flip any old house here and make.
My opinion noone will buy them if you more in the very worst case scenario would put it up for leaseoption on year contract good luck.

]]> By: summer!!! http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1546 summer!!! Sat, 12 Jun 2010 03:22:48 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1546 remodel and make sure it is in a friendly neighborhood. lower the price. selling at colorado springs should not be a problem, its beautiful there. remodel and make sure it is in a friendly neighborhood. lower the price. selling at colorado springs should not be a problem, its beautiful there.

]]> By: artwhiterealtor http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my/comment-page-1#comment-1545 artwhiterealtor Thu, 10 Jun 2010 20:02:09 +0000 http://www.sellmyproperty.me.uk/sell-property/how-do-you-sell-a-house-fast-in-a-slow-real-estate-market.my#comment-1545 Lower the price. Lower the price.

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