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Old 03-27-2008, 06:45 AM
"Embrace the suck!"
 
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El, if you want to sell it and they are that decided (maybe), do a quick lowering of your price by 5K if you can. That often is a clincher. With 5K they can buy some things for the new house. If I were a buyer, I would be looking for a quick blink by the seller, as in a price reduction to cinch the deal. With it being a buyers market haggling, tell you they have narrowed it down, etc. is an invitation to a price drop.....

Of course I haggle on everything....
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Old 03-27-2008, 09:21 AM
Waiting Impatiently to Move Home
 
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Quote:
Originally Posted by maine4.us View Post
El, if you want to sell it and they are that decided (maybe), do a quick lowering of your price by 5K if you can. That often is a clincher. With 5K they can buy some things for the new house. If I were a buyer, I would be looking for a quick blink by the seller, as in a price reduction to cinch the deal. With it being a buyers market haggling, tell you they have narrowed it down, etc. is an invitation to a price drop.....

Of course I haggle on everything....
I agree with a quick, small price reduction.

However, do you know how the house up the street compares to yours? Size, upgrades, price?? Have your agent pull the paperwork and do a side by side comparison to see what you can offer that might make them pull the trigger in your favor. Good luck and fingers remain crossed!
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Old 03-27-2008, 04:35 PM
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Originally Posted by Elcarim View Post
We have quite a few slow drive-bys that are getting more frequent. One car slowed, stopped in front, backed up and turned and drove slowly down the side street
El, you've got to quit sunbathing!
Seriously though, I've had to impatiently wait for a sale to go through before and I feel your anxiety girl. The great thing about real estate-it only takes one!!
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Old 03-27-2008, 05:43 PM
Still Dreaming
 
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Location: Carefree, AZ
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Good Luck El! I agree with the advise of giving the couple an incentive. Lowering may be one way to go, we were going to try that but were to late and the couple chose the other house because it was cheaper. My realtor didn't suggest it to me so I never thought about it until a friend suggested we try that approach and I was willing. So, I brought it up to my realtor and by that time the couple already made a choice.

So it couldn't hurt to give it a try and it may just be the ticket
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Old 03-27-2008, 06:32 PM
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Quote:
Originally Posted by BacktoNE View Post
I agree with a quick, small price reduction.

However, do you know how the house up the street compares to yours? Size, upgrades, price?? Have your agent pull the paperwork and do a side by side comparison to see what you can offer that might make them pull the trigger in your favor. Good luck and fingers remain crossed!
We are thinking our only option for a quick sale is a $5K reduction. In our market, the only things moving are the "good deals". We have to make ours a better deal.

But is it appropriate to make an offer to a buyer? That's odd! But they are the ones pulling the strings today!
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Old 03-27-2008, 06:46 PM
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Hi Tammy, I asked my Mom (a real estate broker) and she said that offering to lower the price to the buyer is perfectly acceptable. And often is the incentive they need to make up their minds. Good Luck.
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Old 03-27-2008, 06:47 PM
Waiting Impatiently to Move Home
 
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Quote:
Originally Posted by Elcarim View Post
We are thinking our only option for a quick sale is a $5K reduction. In our market, the only things moving are the "good deals". We have to make ours a better deal.

But is it appropriate to make an offer to a buyer? That's odd! But they are the ones pulling the strings today!

We did it when we sold our house in Maine 2 years ago. We knew the buyers were coming from a really large house and had huge furniture that would never fit in our 1380 sq foot cape. We dropped our price $5K (seems to be the magic number) and offered the kitchen dining set and the washer & dryer (not originally included). We had a contract within 24 hours. Now, 7 year old appliances won't do it for most buyers but it represented roughly one thousand dollars they wouldn't have to spend on top of the purchase and that's all it took. You just never know.
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Old 03-27-2008, 07:47 PM
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Quote:
Originally Posted by BacktoNE View Post
I agree with a quick, small price reduction.

However, do you know how the house up the street compares to yours? Size, upgrades, price?? Have your agent pull the paperwork and do a side by side comparison to see what you can offer that might make them pull the trigger in your favor. Good luck and fingers remain crossed!
Yes, our house is the better "deal" between the two, and the other one is priced only $5K lower than ours as it is.

The major difference, which is huge in this area, is that our house is brick on a slab and the other one is frame on blocks. A lot of people here won't even consider a frame house.

Ours is 100' larger and newly remodeled and redecorated. That one isn't. They have a lot more landscaping - we have more yard and a large fenced in area in the back. They do have a garage that we don't have, but we do have a storage building.

There are just so many factors.

I got an email from our agent in response to my question about offering some sort of incentive. She said she has a "great program" she wants to discuss with me and will call me in the morning.

I have no idea what she means.
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Old 03-27-2008, 07:50 PM
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Quote:
Originally Posted by BacktoNE View Post
We did it when we sold our house in Maine 2 years ago. We knew the buyers were coming from a really large house and had huge furniture that would never fit in our 1380 sq foot cape. We dropped our price $5K (seems to be the magic number) and offered the kitchen dining set and the washer & dryer (not originally included). We had a contract within 24 hours. Now, 7 year old appliances won't do it for most buyers but it represented roughly one thousand dollars they wouldn't have to spend on top of the purchase and that's all it took. You just never know.
All of the kitchen appliances are less than 3 years old and NOT cheap models. They are all being included. They should appreciate that!

Hell, at this point, I'll even leave them our huge screen TV! Less to move!!
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Old 03-27-2008, 08:23 PM
Waiting Impatiently to Move Home
 
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Quote:
Originally Posted by Elcarim View Post
All of the kitchen appliances are less than 3 years old and NOT cheap models. They are all being included. They should appreciate that!

Hell, at this point, I'll even leave them our huge screen TV! Less to move!!


Make sure your agent knows that and conveys the message to the sellers agent!! They both might have been drooling over that TV and knowing they could have it might be the trigger!
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