[kuliokugs]

Thanks so much for the feedback JoePo!

[kuliokugs]

Originally Posted by craig11152

Did the people who bought the house next door look at your house? It sort of reads like they were for sale at the same time.
I guess I don't understand why they would pay more for a seemingly lesser house?

Craig11152 -- The house next door, although it has no basement, has granite countertops in the kitchen, and a really nice big master suite - it's a very nice home, and although the square footage is comparable, we did think ours should be listed as less than theirs, although our initial thought was that they were overpriced for the area.

[kuliokugs]

Originally Posted by MikeBear

We are up in Midland area, and house sales are languishing due to Dow taking over Dow Corning last year, and so many job cuts. There's houses for sale in your range and much higher, and everybody else under that range sold out and moved since last Summer. Or gave up selling, and are sitting tight for the moment.

So, little inventory in the range most are buying, and the buyers KNOW it's a buyers market and are willing to wait to find the "perfect home".

We put our house on the market last year 1st week of July, and it took us until end of January this year to sell it. It should have sold the first week... So many people were almost giving away their houses price wise, it was horrible.

Thanks for the feedback, MikeBear

[kuliokugs]

Originally Posted by magellan

Do not raise the price artificially. Most buyers in your price range are going to be taking out a mortgage, and even if you get a lightning strike and someone (some sucker) buys your home for way over value, it will never appraise and then you have to renegotiate the sale with the buyers. No smart buyer is going to overpay in cash the difference, unless you're in a really hot area.

Thank you for the feedback, Magellan!