Plan on selling my house on 1/1/08, Whats the best way?
- Thread starter Kali_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
zvillegas_IHB
New member
Craigslist, MLS, or FSBO in itself won't sell the property. Ultimately PRICE matters. I agree with WINEX, price below comps to get an interest genenated in your property. If the numbers don't make sense for you though, don't sell yet.
Yes, people are still buying. My 72 year old aunt just sold her home in L.A. The house had been in her family since 1920. She's never been a renter in her life and she doesn't intend to be one now. She found a new home that was completely turnkey and a killer deal. She's closing escrow next week and she intends on staying in this new home for the rest of her life. Each persons reason for buying is different.
Yes, people are still buying. My 72 year old aunt just sold her home in L.A. The house had been in her family since 1920. She's never been a renter in her life and she doesn't intend to be one now. She found a new home that was completely turnkey and a killer deal. She's closing escrow next week and she intends on staying in this new home for the rest of her life. Each persons reason for buying is different.
House_of_cards_IHB
New member
You might want to try <a href="http://www.catholicsupply.com/christmas/stjoe.html">this</a> to sell your house quickly.
zvillegas_IHB
New member
Has that worked for anybody?
lawyerliz_IHB
New member
<p>Oh, no, the St. Joseph's thing again. This was explored a month or 2 ago somewhere on this blog.</p>
<p>It was mentioned by the nuns where I went to high school. They had the good sense to treat it like an embarassing joke. This was more than 40 years ago, and I don't think it was new then.</p>
<p>It was mentioned by the nuns where I went to high school. They had the good sense to treat it like an embarassing joke. This was more than 40 years ago, and I don't think it was new then.</p>
House_of_cards_IHB
New member
Yeah...it might be a joke, but it might take some "divine intervention" to sell a home in this market
<p>Kali,</p>
<p>We sold a house in Phoenix last summer; not an easy task, believe me!</p>
<p>Our plan was to be the best of the best AND at the lowest price. </p>
<p>Watch some of those stupid HGTV shows where they update and stage and then get the highest price in the neighborhood; do all that, except realize that you most likely will NOT set a new neighborhood high in this market. </p>
<p>We did all the updating (new paint, carpet, fixtures, etc) and staging (excess stuff in storage, bright flowers out front, the place was so clean it sparkled, etc) and then priced 5% BELOW the closest recently sold comp. Tough to do, but we closed less than 60 days after we listed, while the average time on the market in our neighborhood was about 180 days. A quick close was worth it to us, YMMV of course. </p>
<p>BTW, some of the folks who were on the market at the same time as we were are STILL on the market and their prices are now as low, or lower, than what we sold for. You don't want to be trying to chase down this market.</p>
<p>As far as marketing I'd say you want as much exposure as possible - MLS for sure.</p>
<p>Personally I'd offer standard commission. There are so many houses on the market right now that it would be easy for the few realtors who actually have buyers to ignore your listing if you offer less. OTOH, I doubt if offering more will get you a sale, although it might get you a few more showings.</p>
<p>Good Luck!</p>
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<p>We sold a house in Phoenix last summer; not an easy task, believe me!</p>
<p>Our plan was to be the best of the best AND at the lowest price. </p>
<p>Watch some of those stupid HGTV shows where they update and stage and then get the highest price in the neighborhood; do all that, except realize that you most likely will NOT set a new neighborhood high in this market. </p>
<p>We did all the updating (new paint, carpet, fixtures, etc) and staging (excess stuff in storage, bright flowers out front, the place was so clean it sparkled, etc) and then priced 5% BELOW the closest recently sold comp. Tough to do, but we closed less than 60 days after we listed, while the average time on the market in our neighborhood was about 180 days. A quick close was worth it to us, YMMV of course. </p>
<p>BTW, some of the folks who were on the market at the same time as we were are STILL on the market and their prices are now as low, or lower, than what we sold for. You don't want to be trying to chase down this market.</p>
<p>As far as marketing I'd say you want as much exposure as possible - MLS for sure.</p>
<p>Personally I'd offer standard commission. There are so many houses on the market right now that it would be easy for the few realtors who actually have buyers to ignore your listing if you offer less. OTOH, I doubt if offering more will get you a sale, although it might get you a few more showings.</p>
<p>Good Luck!</p>
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I can't believe I missed this one. The question is about selling a house ON 1/1/08, not BY 1/1/08. Given the holiday, I would think the best way is to throw a New Years Eve Party that involves a raffle for the house. You may not get anywhere near what it is worth, but you can sell it on 1/1/08.