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re: Renting out house with mortgage
Posted on 1/17/19 at 7:57 am to Chris4x4gill2
Posted on 1/17/19 at 7:57 am to Chris4x4gill2
4 weeks on market, 1 showing after dropping price by 10k. Which was really surprising. We thought wed have trouble with pricing, but we thought wed get views. Newer house and everyone involved felt it showed well. We didn't want to have it with a blemish of high days on the market, so with the little interest we pulled it off and figured wed try later.
The one showing said there was no "wow factor" which is a strange comment for a 300k middle class home. Think it was just there go to "not interested" comment. Not much we can do about that.
The one showing said there was no "wow factor" which is a strange comment for a 300k middle class home. Think it was just there go to "not interested" comment. Not much we can do about that.
Posted on 1/17/19 at 8:42 am to KG6
quote:
weeks on market, 1 showing after dropping price by 10k. Which was really surprising. We thought wed have trouble with pricing, but we thought wed get views. Newer house and everyone involved felt it showed wel
This makes no sense and your realtor is an idiot, fire them.
Price it right. No one enjoys bargaining and no one has the time to look at over priced inventory and houses that are out of their price range.
I’ll also give you a tip, people that over price to start out their listing are usually PITA to deal with and are not interested in bargaining. That’s as a percentage.
If I’m looking to spend $425 on a house I’m looking at houses in the $430 and below range. Not $450 hoping to get a great deal on a brand new listing, that doesn’t happen.
Plus it’s a slow time for real estate, the spring and early summer are best times to sell.
So you listed at the slowest time of the year and you over priced. It’s not very surprising you didn’t get viewings.
This post was edited on 1/17/19 at 8:43 am
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