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Old 02-22-2019, 10:23 AM
 
Location: Florida -
8,609 posts, read 10,423,777 times
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If you really believe the HOA fees provide nothing and are keeping you from selling the home, raise the price to $812K and advertise it as "No HOA fees for the first two years."
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Old 02-23-2019, 01:29 PM
 
Location: Florida -
8,609 posts, read 10,423,777 times
Reputation: 16205
Quote:
Originally Posted by Cadsuper55 View Post
415k 2 bedroom 2 1/2 bath 2 car attached garage with a backyard area. My condo is kindve rare because it has a yard and 2 car attached garage so close to downtown. The only comps I can find are 2 bed 2 baths no yard or garage and they go for 390 to 500k in our area
Condo comps are different than sfh comps and are not directly interchangeable (ie; sf cost, amenities, etc). Condo comps are generally dictated by the actual sales prices of similar units in the same condo (complex). You can generally find this by checking your online county tax appraisers office for sales in your specific condo.

Your reference to a "2-car 'attached' garage" and a "(private) backyard area" make this sound more like a townhome than a condo(?). In either case, you should still be able to pull actual sales prices from your county tax appraisers office.
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Old Yesterday, 07:50 PM
 
54 posts, read 14,827 times
Reputation: 38
Im only looking at condo comps. I've had three showings since so hopefully I get more feedback
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Old Yesterday, 07:51 PM
 
54 posts, read 14,827 times
Reputation: 38
lol That's a different way to advertise it for sure
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Old Yesterday, 07:53 PM
 
54 posts, read 14,827 times
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No panick just wanted to get a little feedback and see if anyone else was having the same issue or had similar experiences in the past. I had three showings since the post so hopefully it picks up and I hear something soon.
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Old Yesterday, 07:56 PM
 
Location: Southwest Washington State
20,363 posts, read 13,372,794 times
Reputation: 27495
Quote:
Originally Posted by Cadsuper55 View Post
Our complex is old and looks dingy so potential buyers have said the exterior and HOA fees are the negatives so far.

With an older exterior and high HOA fees, I suspect you will have to lower the asking price. Price sells everything. I suspect you do not have it listed at the right price. Talk to your realtor about this.
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Old Yesterday, 08:19 PM
 
Location: Northern NJ
7,911 posts, read 7,649,560 times
Reputation: 11076
Quote:
Originally Posted by silibran View Post
With an older exterior and high HOA fees, I suspect you will have to lower the asking price. Price sells everything. I suspect you do not have it listed at the right price. Talk to your realtor about this.
Recent closed sales will have taken all that into account. If the asking price is fairly close to those recently closed sales, the seller will not have to worry about the fees or the exterior deficiencies.
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Old Today, 04:28 PM
 
54 posts, read 14,827 times
Reputation: 38
I'm waiting another 3 weeks to make a move on lowering my price. We're getting a little more traffic but no offers yet.
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