Anyone sold his/her house recently?

[kumquat]

If you are generous with sharing info, the other questions I'd like to ask are:

1) did you get within 90% of the price you had hoped for,

2) how long was it on the market before it got sold?

3) how long from a ratified contract to closing?

4) did you have to switch realtors because the first one(s) did not do much to help sell? or do you have great luck with the first and only realtor?

5) what were some key enhancements that you made to the house, if any, before putting it on the market? re-carpet? re-finish wood floor? etc.

And anything else you might like to share.

Thank you so much, NORDS!

This was Calgary, Canada so may not be relevant. Sold a condo.

1.) 94%

2.) listed Oct. 25, accepted offer Dec. 24.

3.) possession date Jan. 29

4.) only one realtor

5.) a good cleaning and new caulk around bathtub.

Canada never had the US housing bubble, but we may be entering one now.

 

[Koogie]

This was Toronto Canada for us. July this year.
1. Sold over asking (see Canadian real estate bubble comment above)
2. 3 days.
3. 60 days !! It took us 45 to find a rental house in the city. 45 agonizing, sweaty days !
4. 1 realtor. Word to the wise. We chose a local company (not the same one we used to buy the place) that had the best Marketing by far, and FULL time sales reps. Real estate is far to full of part-timer flakes and people who couldn't market beer to a drunk.
5. mmm .. cough... new kitchen. (15k) Did half the work ourselves and more than got the money back. YMMV.

 

[Retire2013]

Hello Everyone! Has anyone good news regarding the sale of your home to share with us all? Just thought I'd check. Have a wonderful evening!

 

[Katsmeow]

Hello Everyone! Has anyone good news regarding the sale of your home to share with us all? Just thought I'd check. Have a wonderful evening!

Do you only want successful news? If so, then disregard. But sometimes I think it can be important to consider the other side of the coin as well....

1) did you get within 90% of the price you had hoped for,

No, we were on the market 7 months and listing expired right after Thanksgiving. No sale, no offers

2) how long was it on the market before it got sold?

Not sold yet. We will put back on market, probably beginning of March

3) how long from a ratified contract to closing?

N/a. We did buy a house last year and I think it was between 45 and 60 days. We could have closed earlier but the seller scheduled closing around her kids' spring break.

4) did you have to switch realtors because the first one(s) did not do much to help sell? or do you have great luck with the first and only realtor?

We will be switching realtors. We had used this realtor before to buy 2 houses and to sell some land we have. We were not happy with her overall lack of guidance in how to price our house and sell it. She had many positive qualities, but did not give good price advice and ever price reduction was initiated by me.

5) what were some key enhancements that you made to the house, if any, before putting it on the market? re-carpet? re-finish wood floor? etc.

We wanted to sell quickly and didn't care that much about maximizing price (yes I know all this is a laugh since we did all this and didn't sell. These kinds of things have worked well for us in the past but not this time)

Painted throughout
New Carpet upstairs
Refinished wood floors
New cooktop and oven
Granite vanity put in powder room and master bath
Framed mirrors in master bath and powder room
Replaced light fixture in powder room
Replace toilet room hardware
Refinished a number of doors
Removed doors to formal living room (opening it to foyer)
Shellac paint on floors of understairs closet and in garage
Replaced cultured marble vanity and sinks in kid's bathroom
Professionally staged

 

[LOL!]

My cul-de-sac has about 20 homes on it. Two homes were for sale. One is outrageously priced about 30% above retail, so it ain't gonna sell anytime soon. The other was on the market about a year, but I believe they finally lowered the price to a reasonable value and it sold quickly. On the next street, a home sold in 3 days but was priced reasonably from the outset.

And get this: Another home on our street sold without even posting a for-sale sign. I believe the owners must've accosted someone looking at the house next door that was for sale and just arranged there own deal. So I count this as a house sold in 1 day.

All these homes sold for the highest value ever in our neighborhood. There was never a bubble in this ZIP code.

 

[Retire2013]

Thank you, Katsmeow, I should have worded my question below. I wanted all news, not just good news! Thank you so much for sharing. I wish you the very best this March when you re-list your home. The list of things that you did to get the house ready is quite impressive.

 

[Retire2013]

My cul-de-sac has about 20 homes on it. Two homes were for sale. One is outrageously priced about 30% above retail, so it ain't gonna sell anytime soon. The other was on the market about a year, but I believe they finally lowered the price to a reasonable value and it sold quickly. On the next street, a home sold in 3 days but was priced reasonably from the outset.

And get this: Another home on our street sold without even posting a for-sale sign. I believe the owners must've accosted someone looking at the house next door that was for sale and just arranged there own deal. So I count this as a house sold in 1 day.

All these homes sold for the highest value ever in our neighborhood. There was never a bubble in this ZIP code.

Dear LOL, What state do you live in? The real estate market is so awesome where you live! Thank you for responding.

 

[Tadpole]

I tried to sell my house in MD for about three to four months at a higher price. Then I found the house I was looking for in WA at a bargain. I bought the WA house and hired the best real estate agent I have ever seen. We priced the MD house to cover all expenses on the new house. The house sold in about a week and a half. This wouldn't have worked if we wanted to end up with a big profit over the new house cost or if we wanted to move up to a bigger, newer house. We didn't. We just wanted to break even and we did with a tiny bit of extra money in the bank.

 

[Retire2013]

Tadpole, thank you for sharing. I am glad it all worked out for you. Congratulations!