Quote:
Originally Posted by kit9240
I listed my condo in CT in the beginning of April. I took my realtor's advice and priced it at her recommendation. I wanted to price it higher, but she said this was the best price to sell. Two people looked at it and in 4 days I had 2 offers. I accepted one and was able to get enough out to buy a Patio Villa.....closing on May 25th! Because I had a contract on the home in Fl, I will get the $6500 tax credit. The real estate commission thru Coldwell Banker is 4.5% if listing agent sells it, 5% if another agent/office sells it.
While I would have liked to get more from the sale of my home, timing was right to purchase there. It all worked out in my favor and I am thrilled. I will be a full time Villagers on September 1!!!
|
Glad to hear it.
Out here they have overdone the condo building, creating apartments over retail in the central DT of both our town and the others close by, so be glad you were in CT.
Thanks for the info maybe its time for a further conversation with the agents.
Our Coldwell Commission out here is 6% straight up. They can agree to cut it some at contract time to make the deal go through if both the listing and selling brokers and agents agree, but for into the MLS its 6%. They say that if the commission is less no one will show the property. They may be right, I don't know. Stuff is selling at the low end $500 and the high end over $1.2mil the middle price range is still sitting. I have 2800 square ft(plus garage) with view and the realtors I have spoken to (4 so far) are recomending I sink another $200 thou in the place to take it to 4000 sq ft, so I will be closer to the higher end. When we bought the place it was recommended that we put in a new kitchen (just about done) and a new master bath (done), now realtor reaction is that it looks great but the $ per sq ft is off.
That is my other frustration with the situation. Like I have $200 thou sitting around to sink into the house. We will probably wait a year or maybe two in the hopes that helps.
Sorry venting again, thanks for listening.