Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
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)
Reply Start New Thread
 
Old 09-23-2019, 11:33 AM
 
5,296 posts, read 5,250,466 times
Reputation: 18678

Advertisements

Quote:
Originally Posted by volfan4life87 View Post
Wasn’t my call. I was fortunate to get a price drop at all. I wanted $10k. My “wife” told the realtor if it drops another penny she won’t sign off. As I alluded to this situation is awful. My hands are cuffed and I’m losing my mind...should have professional photos this week though
Sure doesnt sound like a good situation for you. So she wont drop it $10,000; what if an offer comes in that is $10,000 below your price, will she accept that?
Reply With Quote Quick reply to this message

 
Old 09-23-2019, 11:56 AM
 
34 posts, read 27,485 times
Reputation: 119
Quote:
Originally Posted by carnivalday View Post
Sure doesnt sound like a good situation for you. So she wont drop it $10,000; what if an offer comes in that is $10,000 below your price, will she accept that?
More than likely she would, shes afraid of giving up negotiating room. I'm afraid we're not even getting offers which means we're far above where we need to be priced *if* we want to sell quickly. I do feel if we sat around long enough or put it back on the market at the opportune time of year, we could get what we're asking or close. But I don't wanna be around that long..
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 12:19 PM
 
Location: Kansas City North
6,834 posts, read 11,583,309 times
Reputation: 17254
Quote:
Originally Posted by volfan4life87 View Post
Wasn’t my call. I was fortunate to get a price drop at all. I wanted $10k. My “wife” told the realtor if it drops another penny she won’t sign off. As I alluded to this situation is awful. My hands are cuffed and I’m losing my mind...should have professional photos this week though
I assume whatever the proceeds turn out to be you are going to split them 50-50? Here’s an idea....not a “fair” idea and maybe not a “good” idea, but an idea. If she is going to dig her heels in, you could give her a bigger percentage of the proceeds if you have to lower the price. Just to get the thing sold and you get on with your life. Total equity $60,000 shall we say. Instead of $30/$30, give her $37 you take $23.
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 01:57 PM
 
8,084 posts, read 10,104,063 times
Reputation: 22677
Nice home. Well described and presented.


You have so far seen the looky-lookers. None of them are real buyers.


Sad for you it not easy to sell a house of that size and price. Sure, it is not a half million, but more than a starter home for a young family. They likely don't want to move this time of year anyhow.


Lowering price is going to accomplish nothing other than make your net less and less. Don't get caught in that game.


Be patient. It will take six months to see a real buyer, and they likely will vaporize for one reason or another. Up to a year you might go to contract with another buyer, and that might close. At 18 months you will likely have done a deal. That is the life of these things.


You cannot make things happen. Your presentation is good. Your price is proper, and now you just play the time game. A million people have tried to force the issue and ended up more frustrated than they were before.


Take your time. Stock up on alkyhol. Be patient. Don't fight with your spouse. There is no magic bullet. Your house is fine. It will sell. Just not on your schedule. Sorry.
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 02:06 PM
 
34 posts, read 27,485 times
Reputation: 119
Quote:
Originally Posted by Okey Dokie View Post
I assume whatever the proceeds turn out to be you are going to split them 50-50? Here’s an idea....not a “fair” idea and maybe not a “good” idea, but an idea. If she is going to dig her heels in, you could give her a bigger percentage of the proceeds if you have to lower the price. Just to get the thing sold and you get on with your life. Total equity $60,000 shall we say. Instead of $30/$30, give her $37 you take $23.
I've done the math and this is definitely something I'd consider, but it's hard for her to believe I'll follow through unless it is court ordered. I'd like to avoid that at this stage.
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 02:08 PM
 
34 posts, read 27,485 times
Reputation: 119
Quote:
Originally Posted by Ted Bear View Post
Nice home. Well described and presented.


You have so far seen the looky-lookers. None of them are real buyers.


Sad for you it not easy to sell a house of that size and price. Sure, it is not a half million, but more than a starter home for a young family. They likely don't want to move this time of year anyhow.


Lowering price is going to accomplish nothing other than make your net less and less. Don't get caught in that game.


Be patient. It will take six months to see a real buyer, and they likely will vaporize for one reason or another. Up to a year you might go to contract with another buyer, and that might close. At 18 months you will likely have done a deal. That is the life of these things.


You cannot make things happen. Your presentation is good. Your price is proper, and now you just play the time game. A million people have tried to force the issue and ended up more frustrated than they were before.


Take your time. Stock up on alkyhol. Be patient. Don't fight with your spouse. There is no magic bullet. Your house is fine. It will sell. Just not on your schedule. Sorry.
Holy ****..... If this is the real timeline, the bank can have the place. I can't stay here that long... Appreciate the feedback though
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 03:17 PM
 
5,296 posts, read 5,250,466 times
Reputation: 18678
Quote:
Originally Posted by volfan4life87 View Post
I've done the math and this is definitely something I'd consider, but it's hard for her to believe I'll follow through unless it is court ordered. I'd like to avoid that at this stage.
Draw up a contract between you two, notarize, and give to your real estate agent, whoever that will be. It will hold up in court. Make the deal sweet enough. You just slip out the back, Jack, make a new plan, Stan
You don't need to be coy, Roy, just get yourself free.
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 03:30 PM
 
2,954 posts, read 2,349,752 times
Reputation: 6475
Hey man, it sucks when your life is falling apart and you are desperate to cut the strings so you can start over again. All I will say is try and keep your head in the game, don't get so caught up on selling the property, which is entirely out of your control and letting things go just because you want to get out. Long term, if it takes 1 month or 4 months to sell, isn't a big deal, housing can be pretty hard to sell at times especially in crowded markets. If you have to walk away, let it be a rational decision, not driven out of desperation. Sometimes that is the best course of action.

You have a very pretty house, I wish you nothing but the best with its sale and getting on with your life.

Last edited by aridon; 09-23-2019 at 03:46 PM..
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 04:00 PM
 
Location: Knoxville, TN
2,538 posts, read 1,920,414 times
Reputation: 6432
Quote:
Originally Posted by Ted Bear View Post
Nice home. Well described and presented.


You have so far seen the looky-lookers. None of them are real buyers.


Sad for you it not easy to sell a house of that size and price. Sure, it is not a half million, but more than a starter home for a young family. They likely don't want to move this time of year anyhow.


Lowering price is going to accomplish nothing other than make your net less and less. Don't get caught in that game.


Be patient. It will take six months to see a real buyer, and they likely will vaporize for one reason or another. Up to a year you might go to contract with another buyer, and that might close. At 18 months you will likely have done a deal. That is the life of these things.


You cannot make things happen. Your presentation is good. Your price is proper, and now you just play the time game. A million people have tried to force the issue and ended up more frustrated than they were before.


Take your time. Stock up on alkyhol. Be patient. Don't fight with your spouse. There is no magic bullet. Your house is fine. It will sell. Just not on your schedule. Sorry.
A house on the market for 18 months would have me wondering "what is wrong with the house" and/or "the seller must either not be serious or must be a non-compromising jerk." A family in my neighborhood went through what I consider "hell' in trying to sell their house, with multiple deals falling through, but even their "hell" only took 6 months. They had already moved, so they were anxious to sell.

8/30/2019 Sold $410,000
7/18/2019 Pending sale $419,900
6/24/2019 Back on market $419,900
6/20/2019 Pending sale $419,900
6/17/2019 Back on market $419,900
6/6/2019 Pending sale $419,900
6/4/2019 Price change $419,900
6/3/2019 Back on market $424,900
5/31/2019 Pending sale $424,900
5/22/2019 Back on market $424,900
5/16/2019 Pending sale $424,900
5/9/2019 Price change $424,900
4/22/2019 Price change $439,900
4/2/2019 Back on market $453,900
3/25/2019 Pending sale $453,900
3/11/2019 Listed for sale $453,900
Reply With Quote Quick reply to this message
 
Old 09-23-2019, 04:05 PM
 
34 posts, read 27,485 times
Reputation: 119
Quote:
Originally Posted by JOinGA View Post
A house on the market for 18 months would have me wondering "what is wrong with the house" and/or "the seller must either not be serious or must be a non-compromising jerk." A family in my neighborhood went through what I consider "hell' in trying to sell their house, with multiple deals falling through, but even their "hell" only took 6 months. They had already moved, so they were anxious to sell.

8/30/2019 Sold $410,000
7/18/2019 Pending sale $419,900
6/24/2019 Back on market $419,900
6/20/2019 Pending sale $419,900
6/17/2019 Back on market $419,900
6/6/2019 Pending sale $419,900
6/4/2019 Price change $419,900
6/3/2019 Back on market $424,900
5/31/2019 Pending sale $424,900
5/22/2019 Back on market $424,900
5/16/2019 Pending sale $424,900
5/9/2019 Price change $424,900
4/22/2019 Price change $439,900
4/2/2019 Back on market $453,900
3/25/2019 Pending sale $453,900
3/11/2019 Listed for sale $453,900
Wow did I count that correctly, 6 pending sales (6th being successful)? That indeed must've been hell.
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.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


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

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - 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, 36, 37 - Top