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Old 06-29-2007, 09:26 AM
 
94 posts, read 307,371 times
Reputation: 23

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Please help!!! Trying to sell our home in Little Egg Harbor, HAVE to sell our home actually. It has been up for about a month with no calls!!!! We lowered our price 10k, held one open house. Please if any one has any advice to offer on what we can do or what my realtor can do, let me know. I beleive we are really fair in price at 289K 3 bedrooms 2 baths, remodeled pretty much everwhere, new deck & landscaping. Only 12 yrs old in a area called Osborne Island near all waterfront homes & bay.
PLEASE HELP
Thanks
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Old 06-29-2007, 09:42 AM
 
857 posts, read 1,765,319 times
Reputation: 550
Sellers always want to know "what else can i do??" "should i plant some flowers???" "should I hand out fliers at the supermarket????" I can think of three things you should do:
1. lower your asking price
2. lower your asking price
3. lower your asking price

it's not 2005 anymore. Only reasonably priced houses sell in this market.
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Old 06-29-2007, 10:00 AM
 
94 posts, read 307,371 times
Reputation: 23
Yeah i know my house appraised at 310 in 2005!!!!!!!
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Old 06-29-2007, 10:00 AM
 
17 posts, read 50,442 times
Reputation: 13
Also, keep in mind that interest rates just went up again.
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Old 06-29-2007, 10:18 AM
 
94 posts, read 307,371 times
Reputation: 23
So by the sounds of it, the price is too high??
UHHH This stinks.
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Old 06-29-2007, 10:46 AM
 
202 posts, read 905,724 times
Reputation: 102
Quote:
Originally Posted by Shanlynn1012 View Post
So by the sounds of it, the price is too high??
UHHH This stinks.
Yes.

The problem is that there are over 1000 homes for sale in Little Egg Harbor, NJ, and 45 homes for sales within this very tight range: $275,000 to $300,000, 3BR+, 2BA+.

You're directly competing against these other 44 homes (and equivalent homes to yours that are less than $275k). With that many homes to look at potential buyers are always going to look at the cheapest ones first.

Take a look at realtor.com and pretend you're looking to buy a 3BR/2BA home in Little Egg Harbor. See what you think of your house (honestly and objectively, if you can) compared to your competition.
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Old 06-29-2007, 12:08 PM
 
3,269 posts, read 8,721,264 times
Reputation: 2003
As well as lowering the price, you could also offer a $5k bonus (on top of all other commissions) to any agent who gets you a contract within the next 30 days. At least you will know that there is a lot more incentive to drive traffic to your house rather than the other 1,000 for sale.

I presume your house is in tip top condition. I mean perfect with no personal items, pictures or pets around?

Also, what type of job did your agent do with taking pictures? Are there plenty of the inside or just one of the outside? Have you followed up on his / her marketing efforts. Brokers open houses, newspaper listings, mailings etc...what did they agree to do when you listed the house and have they done it?
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Old 06-30-2007, 12:14 PM
 
4 posts, read 8,964 times
Reputation: 9
Quote:
Originally Posted by Shanlynn1012 View Post
Please help!!! Trying to sell our home in Little Egg Harbor, HAVE to sell our home actually. It has been up for about a month with no calls!!!! We lowered our price 10k, held one open house. Please if any one has any advice to offer on what we can do or what my realtor can do, let me know. I beleive we are really fair in price at 289K 3 bedrooms 2 baths, remodeled pretty much everwhere, new deck & landscaping. Only 12 yrs old in a area called Osborne Island near all waterfront homes & bay.
PLEASE HELP
Thanks
Shanlynn

do not give up hope. Your home will sell. Know it in your heart, don't be too desperate. hang in there.
Clean it from top to bottom, have the yard manicured.
don't worry the right person will come along
jmpask
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Old 07-01-2007, 04:45 AM
 
94 posts, read 307,371 times
Reputation: 23
Quote:
Originally Posted by jmpask View Post
Shanlynn

do not give up hope. Your home will sell. Know it in your heart, don't be too desperate. hang in there.
Clean it from top to bottom, have the yard manicured.
don't worry the right person will come along
jmpask
Thank you! I needed that. I have it cleaned and everything put away. We jsut got our yard landscaped and it looks great. I jsut need people to want to come in and see it. But thanks for your positvity
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Old 07-01-2007, 11:24 AM
 
Location: NJ
9,160 posts, read 20,195,772 times
Reputation: 6200
Quote:
Originally Posted by Shanlynn1012 View Post
Thank you! I needed that. I have it cleaned and everything put away. We jsut got our yard landscaped and it looks great. I jsut need people to want to come in and see it. But thanks for your positvity

The housing market didn't seem to stall, it went to a dead stop where I am. As was mentioned look at your realtor.com listing, what does it contain? There are different levels of membership there, a lot of realtors in my area don't do the enhanced, which gives more pictures, web site link
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