U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old Today, 01:13 PM
Location: Stuck on the East Coast, hoping to head West
3,846 posts, read 9,391,160 times
Reputation: 7521


My house is currently listed (for a few more days) with an agent. It's been listed since mid-july. 2 price cuts (15% total drop from list price), 17 showings (10 in the last 30 days, 1 in the last 8 days) and no offers.

I spent 6 months painting, repairing, de-cluttering and the house still didn't sell. I miss my stuff (it's like living in hotel right now), I don't enjoy my house because I have to keep everything so clean and show-ready. I hate having strangers in my house. I miss family get-togethers and having friends over.

I did every single thing the agent said to do and still no sale.

I don't know why the house isn't selling. I don't even care at this point. I want to sell to an ibuyer. I got a quote from an ibuyer prior to listing and still would've made a $100,000 on this house.

Husband wants to list in spring with another agent because he thinks we can make even more money. I'm not so sure.

Buyers in my area are extremely picky, ask for thousands in closing help (usually get it) and expect everything to be fixed on the inspection report. Several agents have said that I'll probably be handing over about $10,000 in cash between closing help and inspections. I can see seller concessions on comps and this appears to be true.

I think it will be really stressful to keep the house maintained for sale over the winter. I know I'll have to repaint and the new agent is going to have some suggestions that are going to cost money, too. Also, who knows what will need to be repaired in the next 6 months? Who knows what the market will be like? Also, I'm worried about competition.

FWIW, days on market will reset in my area after 90 days---not sure if that would affect ibuyer offer or not.

What would you do?
Reply With Quote Quick reply to this message

Old Today, 07:52 PM
Location: Just south of Denver since 1989
10,976 posts, read 29,654,535 times
Reputation: 7204
Compare the ibuyer offer with a regular sale. Net to net.

I just had a seller show me he ibuyer offer. $21,000 less than selling to a fair market value buyer.
Reply With Quote Quick reply to this message
Old Today, 07:59 PM
4,382 posts, read 1,759,302 times
Reputation: 8649
'What would you do?"

since my time is increasingly much more valuable
than money, i reduce monetary equations into a
time/value model.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top