thanx much for great input mega. though while i do want to sell, i also want to travel to other galaxies but you won't see me stepping into a rocket anytime soon. more than wanting to sell i want to make the right decision. i don't want to find myself floating in space without a booster.
so you really are ambivalent on selling? in other words, if you can't do it under your terms (rational or irrational), you don't want to sell.
i have gone as far as to interview people who have sold similar properties and contacting their realtors. i have contacted & interviewed the known "big hitters." none of them impress me. no offense to any realtor or salesperson on the forum, but none of them convince me that they can do a better job than a monkey with an mls listing. i realize that i am prejudice in that i have never taken to salespeople. when i enter a store, i am their worst nightmare as i have never bought anything that i did not enter the store to buy. ring me up. thank you.
yes, but this is YOUR issue, not the sales persons... in any case if you are going to try and sell I think you need the best one... get someone who is more receptive to sales people choose one for you.
though hard to determine as mentioned above, it seems i am already under the price of the last immediate area sale which was sold in distress and that house is now back on the market asking $300k more than it sold for this past summer. (i realize that is only an asking price.)
any house, in any condition and in any given location will sell for the right price. It seems that you have a 'fixer upper'. If you don't want to dump money in to fix it, then you have to price it accordingly. Take the position of the buyer. If you found a house that would be a $1M house if it were in perfect condition, but it needed 300,000 in renovations, what would the value of the house be? ... not a $1M... and probably not $700,000, since as a buyer, I have to go thru the trouble to fix it up and live in the mess of renovation. So to sell this house, you might need to price it at say $650,000, so I as the buyer can see $50,000 in my sweat equity immediately. The alternative is for you the seller to put the $300K in and then I will buy it for the $1M. No free lunches here.
the added bonus is interesting but does $5k motivate a realtor any more so than the nearly $30k they'd already be getting? just how greedy are they?
Yes, i have used it myself... and yes they are greedy sales people... remember, they get 1/4 of the sales commission (1/2 goes to listing brokers firm, 1/2 goes to selling brokers firm, and 1/2 of the 1/2 goes to the actualy broker who 'sold' the place), so 1/4 of 30K is 7.5K, so another 5k almost doubles their commission.
i can't wait until i don't have to deal with this again. no idea how you had the nerves to buy and sell so many houses. this is only my second time and it makes me want to never do it again.
I am no martyr, DW had a thing about moving up in house. In any case, it does get a lot easier the 4th or 5th time
Finally, after reading some of your response, if you don't need to sell, I would consider renting it out to cover the costs and take off on your tour of the galaxy. A 2 year lease would be nice. In 2 years, reassess. rinse, wash and repeat as necessary.
In other words, join us, the waters fine ... just don't look at CNN everyday (at least not lately
)
Best of luck LG4N