Home › Forums › Closed Forums › Properties or Areas › Encinitas Ranch still overpriced
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sdrealtor.
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July 7, 2009 at 1:06 PM #427138July 7, 2009 at 3:52 PM #426527
SD Realtor
ParticipantThe denial in ER is strong. I had a listing appt up there a few months back. I told them my honest opinion of what they would need to price it at if they “really” wanted to sell. They called me two days later and said they were going to work with another agent who was more optimistic. I asked them what data that the other agent produced to bolster his claims and they said he had many clients lined up. They dropped the price after the first 30 days by 100k. Still nothing.
The bottom line is that the 1M plus homes in ER are getting hammered. In 2009 there are 2 homes closing over 1M. Now there are several pendings over 1M so it will be interesting to see how they play out.
July 7, 2009 at 3:52 PM #426752ParticipantThe denial in ER is strong. I had a listing appt up there a few months back. I told them my honest opinion of what they would need to price it at if they “really” wanted to sell. They called me two days later and said they were going to work with another agent who was more optimistic. I asked them what data that the other agent produced to bolster his claims and they said he had many clients lined up. They dropped the price after the first 30 days by 100k. Still nothing.
The bottom line is that the 1M plus homes in ER are getting hammered. In 2009 there are 2 homes closing over 1M. Now there are several pendings over 1M so it will be interesting to see how they play out.
July 7, 2009 at 3:52 PM #427039ParticipantThe denial in ER is strong. I had a listing appt up there a few months back. I told them my honest opinion of what they would need to price it at if they “really” wanted to sell. They called me two days later and said they were going to work with another agent who was more optimistic. I asked them what data that the other agent produced to bolster his claims and they said he had many clients lined up. They dropped the price after the first 30 days by 100k. Still nothing.
The bottom line is that the 1M plus homes in ER are getting hammered. In 2009 there are 2 homes closing over 1M. Now there are several pendings over 1M so it will be interesting to see how they play out.
July 7, 2009 at 3:52 PM #427111ParticipantThe denial in ER is strong. I had a listing appt up there a few months back. I told them my honest opinion of what they would need to price it at if they “really” wanted to sell. They called me two days later and said they were going to work with another agent who was more optimistic. I asked them what data that the other agent produced to bolster his claims and they said he had many clients lined up. They dropped the price after the first 30 days by 100k. Still nothing.
The bottom line is that the 1M plus homes in ER are getting hammered. In 2009 there are 2 homes closing over 1M. Now there are several pendings over 1M so it will be interesting to see how they play out.
July 7, 2009 at 3:52 PM #427273ParticipantThe denial in ER is strong. I had a listing appt up there a few months back. I told them my honest opinion of what they would need to price it at if they “really” wanted to sell. They called me two days later and said they were going to work with another agent who was more optimistic. I asked them what data that the other agent produced to bolster his claims and they said he had many clients lined up. They dropped the price after the first 30 days by 100k. Still nothing.
The bottom line is that the 1M plus homes in ER are getting hammered. In 2009 there are 2 homes closing over 1M. Now there are several pendings over 1M so it will be interesting to see how they play out.
July 7, 2009 at 4:06 PM #426532OntheSideLine
ParticipantSDR,
What do you think this property should sell at? If it was your listing as the seller’s agent, what would you recommend? If you were the buyer’s agent, what would you low ball for?
July 7, 2009 at 4:06 PM #426757ParticipantSDR,
What do you think this property should sell at? If it was your listing as the seller’s agent, what would you recommend? If you were the buyer’s agent, what would you low ball for?
July 7, 2009 at 4:06 PM #427044ParticipantSDR,
What do you think this property should sell at? If it was your listing as the seller’s agent, what would you recommend? If you were the buyer’s agent, what would you low ball for?
July 7, 2009 at 4:06 PM #427116ParticipantSDR,
What do you think this property should sell at? If it was your listing as the seller’s agent, what would you recommend? If you were the buyer’s agent, what would you low ball for?
July 7, 2009 at 4:06 PM #427278ParticipantSDR,
What do you think this property should sell at? If it was your listing as the seller’s agent, what would you recommend? If you were the buyer’s agent, what would you low ball for?
July 7, 2009 at 4:28 PM #426542ParticipantThe home is in decent condition but it does not have a view. The lot is fair sized in terms of usable square footage, (IMO the actual yards for the higher end homes in ER are somewhat marginal) and there is alot of competition. I would refrain from answering the question right now because I had interaction with them. My recommended price to them was lower then what it is listed at. Once it sells or expires or cancels then I will let ya know. Remind me.
July 7, 2009 at 4:28 PM #426767ParticipantThe home is in decent condition but it does not have a view. The lot is fair sized in terms of usable square footage, (IMO the actual yards for the higher end homes in ER are somewhat marginal) and there is alot of competition. I would refrain from answering the question right now because I had interaction with them. My recommended price to them was lower then what it is listed at. Once it sells or expires or cancels then I will let ya know. Remind me.
July 7, 2009 at 4:28 PM #427054ParticipantThe home is in decent condition but it does not have a view. The lot is fair sized in terms of usable square footage, (IMO the actual yards for the higher end homes in ER are somewhat marginal) and there is alot of competition. I would refrain from answering the question right now because I had interaction with them. My recommended price to them was lower then what it is listed at. Once it sells or expires or cancels then I will let ya know. Remind me.
July 7, 2009 at 4:28 PM #427126ParticipantThe home is in decent condition but it does not have a view. The lot is fair sized in terms of usable square footage, (IMO the actual yards for the higher end homes in ER are somewhat marginal) and there is alot of competition. I would refrain from answering the question right now because I had interaction with them. My recommended price to them was lower then what it is listed at. Once it sells or expires or cancels then I will let ya know. Remind me.
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