Why would a realtor take these pictures? (agents, accept, state)
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If I were the seller, I'd think taking a $9K loss is a big problem. As they say, a picture is worth a thousand words. So are nine lousy pictures worth $9000? In our neck of the woods a house shouldn't take nearly that long to sell. Three weeks is an eternity in our market. Not sure about Arizona though. The house right next door to us sold in 4 days at above list price, and we live out in the BFE suburbs. It had multiple offers
In the Phoenix market, getting only $9,000 less than the asking price is very common because of the market.
If you check the solds in Gilbert, the home at $175,000 is in line with the value for the property more than $184,000 is.
As the people in this thread from Phoenix area are telling you, it is not a hot market.
The pictures being different were probably done that way on purpose, to get peoples attention. They worked and the condo was sold rather rapidly for the local market and when you compare the other solds, the price was not out of line compared with the value in the area of the property that is selling.
It gives you an idea of what the home looks like, but you don't really know, because the photos are distorted.
This way you have to go see the home in person, and the realtor can try to dig into you with a hard sell routine.
Plus the distorted pics will make you remember that one, instead of all the other generic AZ townhouses with crap photos...
I'm not saying the realtor was really this savvy. However, in the field I work in, "internet crap", there are a lot of what are called "dark patterns", where you actually make something look worse in order to get people to click on it.
Who knows. But it was listed for sale at $184K on 3/06/15. Sold for $175K on 3/27/15. The lousy photos didn't seem to be a problem, did they?
What we don't know is how many potential buyers were turned off by the bad photos, and potentially how much closer to list price may have been offered or how much faster it could have sold.
If $9k and an unknown amount of concessions was good for the Seller, then good for them.
One things for sure, if my listings dont get as much as possible in the shortest amount of time, it wont be because of the photos.
What we don't know is how many potential buyers were turned off by the bad photos, and potentially how much closer to list price may have been offered or how much faster it could have sold.
If $9k and an unknown amount of concessions was good for the Seller, then good for them.
One things for sure, if my listings dont get as much as possible in the shortest amount of time, it wont be because of the photos.
From what I read, so many buyers are looking online at listings and will decide to not even look at some properties based on their listing and photos. The buyers' time is valuable and why bother looking at a property that you can eliminate in 5 minutes online?
That is why having great, accurate photos is so important.
You can't be serious... Do you leave dirty underwear on the floor as well? Even though the toilet might have been scrubbed clean, we know what it looks like inside. Close the lid.
Uh ... You're the one who can't be serious. Go back and re-read the post.
:rolleyes :
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