Its hard to get cumualtive DOM for a FSBO unless the owner paid to get in the MLS. A house is “listed” when it is under contract with a real estate agent and generally posted in the MLS. If someone chooses to write 4 Sale on a carboard box and staple it to their garage door there is not way to track that and to be fair the house isnt really listed.
SDR I mentioned that the owner of Dora probably will be fine judging by the original sale price. Just 100K less rich in the end. At some point they’ll price it correctly.
Also I agree totally on the FSBO on Playa Riviera. A little unrealistic for such a small home right on top of I-5. By anxious I mean he diligently posts the sale everyday, but you are probably correct that if he was really anxious some of those posts would show a dropped price.
I avoid FSBO, and was kind of glad to see Dora go the route of listing. I still wouldn’t pay 799,000 for that place, but it’s starting to get a little more reasonable.
The Playa Riviera home finally decided to list with someone. At least it is showing up in ZipRealty at 719,000. I agree that there are some very nice upgrades, but I still wouldn’t want to pay that much. I agree that up around Park Crest is a great little area.
They listed with an experienced competent realtor that will guide them to get it sold if they are willing to listen. It should sell now, the only question left is at what price?
There are defintely better places to live in that area and the discount it sells at should reflect this.
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