How is everyone doing that is selling their home?

We are going on month 8 and I no bites . We are currently doing FSBO and lowered the price to $475K and when I look at the other homes in the market I get frustrated because people are asking for more and their homes need to be updated. I really thought the buying process was stressful but I think the selling is definitly worse.
How is everone else doing?

Re: How is everyone doing that is selling their home?

have you considered having a real estate agent sell your house?

esp with the spring coming up- you don't want to miss out

Re: How is everyone doing that is selling their home?

We had it with a real estate agent for 6 months and it was up in 12/31 and I felt like they didnt push the house. I wanted to go with another agent right away but DH thought we might be able to sell it on our own and in 1 month 30 more houses went up for sale in our area according to MLS. I do feel like we started high but the RA didnt really give us any guidance on what we should price it and DH felt like it was worth what we were asking. We are going to list it again with an agent once the add runs out March 4th in Newsday.

Re: How is everyone doing that is selling their home?

Where is your house located? Did you put it in the real estate section on LIF?
Scott

Re: How is everyone doing that is selling their home?

Re: How is everyone doing that is selling their home?

I would put in the taxes - peole might think your "hiding" them.

other than that, gorgeous house. I love those splits!

Re: How is everyone doing that is selling their home?

Re: How is everyone doing that is selling their home?

is that Farmingdale schools?

Did you advertise on craigslist?

Re: How is everyone doing that is selling their home?

Re: How is everyone doing that is selling their home?

Have you tried putting it on MLSLI? Someone on here mentioned that they had their house on MLSLI even though they were selling it be owner.

If you need a good honest realtor, let me know. My next door neighbor is the best. He sold me my house
Scott

Re: How is everyone doing that is selling their home?

I wouldn't rush into another contract with a realtor. Have you done open houses? Is it in Newsday? etc.

Re: How is everyone doing that is selling their home?

Honestly, in this market with so many houses for sale - you really need to sign up with a realtor to get the most exposure. I'm sorry you had a bad experience with your last realtor but you can't rule them all out based on one.

The market is def. picking up now and maybe you should start meeting with a few different realtors before spring hits so that you can get a sense of what each one offers you.

Good luck!

Re: How is everyone doing that is selling their home?

Re: How is everyone doing that is selling their home?

Re: How is everyone doing that is selling their home?

Re: How is everyone doing that is selling their home?

Re: How is everyone doing that is selling their home?

Posted by Seles81

We are going on month 8 and I no bites . We are currently doing FSBO and lowered the price to $475K and when I look at the other homes in the market I get frustrated because people are asking for more and their homes need to be updated. I really thought the buying process was stressful but I think the selling is definitly worse.
How is everone else doing?[/QUOTE

I say have an open house and then find another agent. You have a gergous home. But, there are also a lot of competition outhere. Prices have dropped and it is a buyers market right now. I wish you the best of luck. ]

Re: How is everyone doing that is selling their home?

honestly I find it hard to believe that a real estate agent couldn't sell this house for $475K

what price did you have it at before?

Re: How is everyone doing that is selling their home?

First, your house looks lovely from the photos. It's a shame you haven't found a buyer yet.

I think you guys should definitely look for another agent. It sounds as if your person didn't really do the job, and while the market is picking up a little now, there is still a huge amount of inventory out there. You don't want to miss opportunities this Spring.

If you go with a realtor, meet with several, and ask them to present you with a marketing plan. They should be able to tell you what they will do to sell your house--how many open houses, advertising (where and how), etc. Also ask them to run a list of comparable sales in your area, so they can give you information you can use to assess your asking price. I don't know your area, and to me your price sounds fantastic, but a realtor would have a better idea. Also ask them what they have sold recently, and if they have a webpage, take a look there. You can get an idea of how many properties they handle, how many have sold, etc.

I know your pain--our place was on the market since last July and we got our first offer in mid-January. Hang in there, and definitely consider a realtor. If you pick a good one, they will be able to get more people in to see your house than you could.

Re: How is everyone doing that is selling their home?

I am going to try to answer all the questions I saw in one post, hope I dont miss anyone..

We orginally listed our house June '06 at $524 (I know it was high), then dropped it to $515K around August then to $505 in Oct. and finally to $499 and added 1% a bonus to the selling agent. I wanted to drop it by alot more but DH was being so stubborn about it so I think that really hurt us in the long run. I think if we started at $499 then we might have sold already because even in June the market hadn't dropped as much as it did in the late summer/fall.
We decided to go with a Real Estate agent only because we knew they could expose the house more than we could and at the time my DS was 6 weeks old and I really didnt have the time to be dealing with this. I really have no clue what our old agent did as far as advertising. I know we were on MLS and on their website. We had 4 public open houses with most people coming to one which was about 6 couples and 2 broker open houses. I even mentioned to the broker that I felt like their agency wasn't trying hard enough when only 4 people in their office showed the house in 6 months and he never once showed it himself.
When the contract expired DH thought we should try and sell it on our own but I didnt feel it was the time to do it knowing that the the market would be flooded again in March. So now I have to convience DH to kee the price as is and to go with an agent. I think he might do it to get it sold only because his commute for work will be increasing by 2 hours every day and the quicker we sell the better off his commute will be.
Thank you for all your input, I really appreciate it all and any more would be helpfull too. I am listed in Newsday.com and Craigslist.

Re: How is everyone doing that is selling their home?

Did the first realtor have other realtors showing your place as well? That number sounds low. While we had few offers, we had more than that looking. Some were with our realtor, others came with other realtors.

One agent we interviewed said she keeps her listings exclusive for a few months before posting on MLS and allowing other realtors to show. This didn't make sense to us (well, to her it did--she gets to keep the whole commission then). We thought it wouldn't give us that much exposure.

Good luck! I would definitely get some opinions about prices from others and do your own search on MLS. You may even be able to ask a bit more than you think, though if you do want to just sell the house quickly, you may want to keep it low.

Re: How is everyone doing that is selling their home?

in your current situation- I would keep the price and hire a good real estate agent

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Re: How is everyone doing that is selling their home?

My house sold really quickly, but it went to renters on the block that didn't want to move, so they would have bought anything i think!

My MIL has this SAME style house in farmingdale, and i have to tell you, your house BLOWS hers away, I CANNOT beleive you have not had bites, it seems to have all the updates people want.

I just wish you luck, and the market has definitely picked up a bit. Every house I looked at had others interested (even if it was on the market for months beforehand) The house i am in contract for now was only on the market for 2 weeks...CRAZYNESS! Seems like you have the right price now...just need Exposure! GL!

Re: How is everyone doing that is selling their home?

I've only had my house on the market a few weeks and nothing either I was hoping this would go easier than it has