Here's my house for sale -- any suggestions? Thx

Discussion in 'Luxury and Lifestyle' started by KCalhoun, Jul 14, 2023.

  1. KCalhoun

    KCalhoun


    Exceptionally smart ideas; thanks! I like your thoughts on better ways to showcase the home with photo shots that have emotional/benefit hook vs plain shots. Good point re urgency, we're 3 weeks DOM and just 6 showings no offers and feedback has been what everyone says re dated. Spending 4k on quartz kitchen countertops may be an ok idea at this point, though local contractors are scheduling 6 weeks out.

    I may try laminate for kitchen so we get new-looking countertops, to increase showings (bad idea?) https://www.homedepot.com/p/FORMICA...e-with-Matte-Finish-094761258408000/206025421

    tough to sell into a 7% interest rate market without turnkey upgraded look, agree .. thanks - some excellent ideas
     
    Last edited: Aug 2, 2023
    #71     Aug 2, 2023
  2. Overnight

    Overnight

    Formica countertops? You want to throw your house back into the 1970s?

    Get your home up to modernity and don't be cheep about it, cutting corners like that.
     
    #72     Aug 2, 2023
    KCalhoun likes this.
  3. elderado

    elderado

    Seriously, you and your realtor need to have your heads examined. The fact that you're even considering this is like a distress signal from a sinking ship. No one who looks at this house is going to be fooled. Someone who's putting up some serious dough doesn't want to have to fix every fucking thing that is wrong with the house. Sorry but rather than hopping over to Home Depot you should be interviewing other realtors. Haven't you ever seen those shows where they put in cameras (not hidden) in various rooms and the homeowner gets some serious feedback from potential buyers? Consider that.

    Many of us have given you SERIOUS recommendations and yet, you've done nothing.

    Good luck to you. Looks like it's working out.
     
    #73     Aug 2, 2023
    TheDawn and Overnight like this.
  4. KCalhoun

    KCalhoun

    well i'v just put 50k into upgrades recently; right re no formica..
     
    #74     Aug 2, 2023
    murray t turtle likes this.
  5. themickey

    themickey

    Have you considered renting it out via an agency?
     
    #75     Aug 2, 2023
    semperfrosty likes this.
  6. KCalhoun

    KCalhoun

    Yes,but I want to get divorced and no loose strings. But yeah rent I makes a lot of sense at 7% when buyers are scarce.
     
    #76     Aug 2, 2023
    themickey likes this.
  7. Sprout

    Sprout

    Rent isn’t stable. Generally yearly increases and 30days notice to move.
    You are paying premium for convenience.
     
    #77     Aug 2, 2023
    murray t turtle and KCalhoun like this.
  8. ph1l

    ph1l

    The theme song could be you doing a sax cover of ...

    :)
     
    #78     Aug 2, 2023
    KCalhoun and murray t turtle like this.
  9. %%
    KC,50% midpoint or more on marketing time of 13 -23 days;
    sold yet???
    I've sold RE for 20years thru a REALTOR;Susana Haynei looks like + writes like real Pro.She knows\ most likely what it takes to sell it, in average market time .
    AVERAGE \:caution::caution: Colorado Springs home is $555k so that'$ a hint.
     
    #79     Aug 4, 2023
    KCalhoun likes this.
  10. I actually have a real estate license. I have taken and passed the state exam related to appraisal. Also completed the 24 hour state education requirements for a mortgage broker license. Further, I have attended numerous real estate related education continuation courses held by title companies, a real estate attorney, a 1031 exchange facilitator, and various mortgage lenders. In my first two years of real estate sales, I hit the national transaction average of established agents with average experience of seven years. More significantly, I was able to successfully resolve a complex transaction involving a short sale affecting many parties. I left the industry because I was unable to reconcile certain ethical dilemmas. I believe I can work through those issues now, so may return to industry.

    Ok, there is my credibility statement. Now to address your question/statement regarding price reductions. Money does talk. Especially as time on the market increases. Real estate has a lot of moving parts. One of the most fundamental ways for a seller to get the highest price for their homes is to plan ahead, at least several weeks, say six weeks, before actually listing the home for sale. The idea is to allow enough time for an inspection and to correct all of most of the issues brought up. Any title issues will have time to resolve. Some home update ideas may be implemented while simultaneously addressing the issues brought up by the home inspection, saving time and money.

    An experienced real estate agent, say one who works at a 100% office (In exchange for a fixed monthly desk fee), as might by found at a RE/MAX, can be a solid way to go. The key is for a home seller to personally interview multiple, at least three, real estate agents and select the seemingly most competent one. A forward thinking seller may conduct his interview process keeping in mind he is effectively marketing his home to the top agents in the area. As far as what questions to ask prospective listing agents, how much research a seller should do beforehand, and how to evaluate agents is best left for another post.
     
    #80     Aug 6, 2023
    murray t turtle and KCalhoun like this.