lazygood4nothinbum
Thinks s/he gets paid by the post
- Joined
- Feb 27, 2006
- Messages
- 3,895
things here seem to have bottomed out (for now) on single family. year over year still down but month over month might be on the rise (or it's just a blip). for last two months we advertised only with a for sale sign stuck in the front yard. sister-in-law handled (might have been a mistake, she's got dreadful retail karma). received lots of calls but no call backs. people in this area are monied and wacky. "i am the woman who is going to buy your house. you will remove the sale sign immediately."
house might have gotten $1.5mm max. back in the day. we will now price at $1.3 (in the middle of the only two other area teardowns for sale) and see what happens. i wanted to sell when the going was good but uncle and brother thought we'd take too big a hit on cap gains back then. turns out it will be about a wash, now that the basis is up but the market is down.
my experience in real estate involves only my house when i bought it 12 years ago through a past "friend" who didn't do much work and never cut me a deal so he's not getting this commission.
your suggestions on how to find & interview realtors appreciated. some things i'm wondering are: is it better to find a hungry guy or someone who has been selling in this down market? (if there is such a being.) is there some way to find out who's been doing the selling? what sort of nonsense should i watch out for? what sort of fees should i be thinking of (6% seems like a lot of cash a $1mm plus if all they just do a mls and sit back with their feet up).
of course, if anyone here wants to buy it, we have a special discount in place for forum members.
house might have gotten $1.5mm max. back in the day. we will now price at $1.3 (in the middle of the only two other area teardowns for sale) and see what happens. i wanted to sell when the going was good but uncle and brother thought we'd take too big a hit on cap gains back then. turns out it will be about a wash, now that the basis is up but the market is down.
my experience in real estate involves only my house when i bought it 12 years ago through a past "friend" who didn't do much work and never cut me a deal so he's not getting this commission.
your suggestions on how to find & interview realtors appreciated. some things i'm wondering are: is it better to find a hungry guy or someone who has been selling in this down market? (if there is such a being.) is there some way to find out who's been doing the selling? what sort of nonsense should i watch out for? what sort of fees should i be thinking of (6% seems like a lot of cash a $1mm plus if all they just do a mls and sit back with their feet up).
of course, if anyone here wants to buy it, we have a special discount in place for forum members.