[QUOTE=CoachKandSportsguy;1999274]First, quickly and profitably are two ideals which everyone wants, but seldom occurs.
Second, the appeal of the TV pre-owned sales process is the speed of the sale, which is why all the conditions in the agreement. We looked at the TV rental program, and too many of their requirements hindered our profitability business goals, which is a high occupancy rate. .
Third, the TV preowned sales motivation for speed is a hidden agenda, as they want minimal competition for their new construction. ah, your lightbulb might have just gone on . The fewer re-sales on the market, the more the new construction sales are the monopoly. The TV concept is an entire monopoly and monopsony lifestyle development. . .
Fourth, if you have to sell quickly, you will never sell for profitability, as you are looking for the ideal person who falls in love with your house as you are, and willing to pay the premium to which you attach your fondness. Seldom will that person show up in the first week of opportunity.
So pick your poison, speed or profitability, but assume you can't get both. Profitability, go with MLS and wait, Speed, go with TV preowned sales.
But that should be the basis for your decision, and remember that MLS wants a quick sale as well, which may be counter to your goals, but they also want the contract. So when an MLS agent says, "I can sell it for X$", and you don't know what a quality valuation is, the $X is appealing to your profitability motivation, whether the realtor can perform will only be determined in the future, so it is a confirmation bias statement you want to hear with a prediction which they know you want to hear so will sign the contract.
so the above is the psychology of real estate sales and marketing in TV.
financial analysis guy
Noted above thoughts. Most of them do apply when the demand is down.
At this time it is a sellers market and any decent home will sell ASAP and can sell for more than a reasonable listing price with good terms such as a quick closing, cash buyer etc. We sold home 10 months ago and sold it for more than the listing price and 30K more than the lowest we would have accepted. Do not know how long this sellers market will last.
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