Quote:
Originally Posted by wlou
Opinions needed...House up in VA has been for sale 2 months..Lots of lookers, no offers yet...Realtor thinks its priced too high...Those of you who recently sold up north to move to TV, did you have to take a large reduction in price? Dilemma, do we wait it out hoping the market gets better...or Reduce now and just get out and to our place in TV??? Hard decisions...On the one hand you dont want to "give your house away"...but on the other, keep paying those monthly mortgage payments for another year as you wait??? hmmmm
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what is the feedback from the folks who have looked at the house - are there any reasons other than price that keep people from making an offer? might be that some other issue[s] need to be addressed.
have you checked the comparables within a ten mile radius of your location? is there an independent resource where you can look-up such public records? i never like to rely solely on a realtor...they might claim to work for me - but they are looking to collect their commission, too!
i love the idea i read here a while back - the seller raised the price of the house and used the add'l $$ to pay an added incentive to the realtor who brought in the buyer contract! was much like where i grew up - if the house didn't sell, raise the price - and make sure the agents know the date of the price increase!
good luck with your quest!
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Not sure if I have free time...or if I just forgot everything I was supposed to do!