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February 21, 2008 at 9:48 AM in reply to: Are you looking to get in on the ground floor? Think again. #157284
sdrealtor
ParticipantWanna,
I just chjecked the comps and I think I know which one is yours. Here area few I’d be looking at.Smith Canyon in Sonoma (one of if not the premier neighborhood in core CV). 4/4 3650 sq ft on 10K lot with pool sold for 1.25M. If your home is not a lot better than that you’ve got serious work to do.
Barlows Landing in The Gables 4+bonus room+casita/4, 3500 sq ft just sold for 1.1M.
If those 2 dont slap you into reality than perhaps you are correct in your pricing.
sdrealtor
ParticipantWanna,
I just chjecked the comps and I think I know which one is yours. Here area few I’d be looking at.Smith Canyon in Sonoma (one of if not the premier neighborhood in core CV). 4/4 3650 sq ft on 10K lot with pool sold for 1.25M. If your home is not a lot better than that you’ve got serious work to do.
Barlows Landing in The Gables 4+bonus room+casita/4, 3500 sq ft just sold for 1.1M.
If those 2 dont slap you into reality than perhaps you are correct in your pricing.
sdrealtor
ParticipantWanna,
I just chjecked the comps and I think I know which one is yours. Here area few I’d be looking at.Smith Canyon in Sonoma (one of if not the premier neighborhood in core CV). 4/4 3650 sq ft on 10K lot with pool sold for 1.25M. If your home is not a lot better than that you’ve got serious work to do.
Barlows Landing in The Gables 4+bonus room+casita/4, 3500 sq ft just sold for 1.1M.
If those 2 dont slap you into reality than perhaps you are correct in your pricing.
sdrealtor
ParticipantWanna,
I just chjecked the comps and I think I know which one is yours. Here area few I’d be looking at.Smith Canyon in Sonoma (one of if not the premier neighborhood in core CV). 4/4 3650 sq ft on 10K lot with pool sold for 1.25M. If your home is not a lot better than that you’ve got serious work to do.
Barlows Landing in The Gables 4+bonus room+casita/4, 3500 sq ft just sold for 1.1M.
If those 2 dont slap you into reality than perhaps you are correct in your pricing.
sdrealtor
ParticipantWanna,
I just chjecked the comps and I think I know which one is yours. Here area few I’d be looking at.Smith Canyon in Sonoma (one of if not the premier neighborhood in core CV). 4/4 3650 sq ft on 10K lot with pool sold for 1.25M. If your home is not a lot better than that you’ve got serious work to do.
Barlows Landing in The Gables 4+bonus room+casita/4, 3500 sq ft just sold for 1.1M.
If those 2 dont slap you into reality than perhaps you are correct in your pricing.
sdrealtor
ParticipantSD R,
You obviously dont know any good REO brokers. It is a very difficult job and they do tons of work. REO brokers are also property managers. The deal with tons of offers and legalities that you and I dont have to. They need to have fairly large staffs to handle all the work.I know several very good ones and they also have plenty of say over pricing. Check out the agents that are listing alot of REO’s and you will find several very good ones that have decades of experience who are getting their properties sold. You will also find dozens of inexperienced REO agents who dont know what they are doing and have listings rotting on the shelves. Experience is everything in this business. The last few years were an anomaly and the business is returning to agents who actually understand how to get things done.
BTW, have you noticed how all the Help-u-notsell, Assist-to-notsell, iPaynone and the other discount houses are disappearing by the day. I havent received a piece of marketing from any discounters in over 4 months. That business model only works in the best of times. Keep at it, watch your expenses like a hawk and you’ll be fine.
sdrealtor
ParticipantSD R,
You obviously dont know any good REO brokers. It is a very difficult job and they do tons of work. REO brokers are also property managers. The deal with tons of offers and legalities that you and I dont have to. They need to have fairly large staffs to handle all the work.I know several very good ones and they also have plenty of say over pricing. Check out the agents that are listing alot of REO’s and you will find several very good ones that have decades of experience who are getting their properties sold. You will also find dozens of inexperienced REO agents who dont know what they are doing and have listings rotting on the shelves. Experience is everything in this business. The last few years were an anomaly and the business is returning to agents who actually understand how to get things done.
BTW, have you noticed how all the Help-u-notsell, Assist-to-notsell, iPaynone and the other discount houses are disappearing by the day. I havent received a piece of marketing from any discounters in over 4 months. That business model only works in the best of times. Keep at it, watch your expenses like a hawk and you’ll be fine.
sdrealtor
ParticipantSD R,
You obviously dont know any good REO brokers. It is a very difficult job and they do tons of work. REO brokers are also property managers. The deal with tons of offers and legalities that you and I dont have to. They need to have fairly large staffs to handle all the work.I know several very good ones and they also have plenty of say over pricing. Check out the agents that are listing alot of REO’s and you will find several very good ones that have decades of experience who are getting their properties sold. You will also find dozens of inexperienced REO agents who dont know what they are doing and have listings rotting on the shelves. Experience is everything in this business. The last few years were an anomaly and the business is returning to agents who actually understand how to get things done.
BTW, have you noticed how all the Help-u-notsell, Assist-to-notsell, iPaynone and the other discount houses are disappearing by the day. I havent received a piece of marketing from any discounters in over 4 months. That business model only works in the best of times. Keep at it, watch your expenses like a hawk and you’ll be fine.
sdrealtor
ParticipantSD R,
You obviously dont know any good REO brokers. It is a very difficult job and they do tons of work. REO brokers are also property managers. The deal with tons of offers and legalities that you and I dont have to. They need to have fairly large staffs to handle all the work.I know several very good ones and they also have plenty of say over pricing. Check out the agents that are listing alot of REO’s and you will find several very good ones that have decades of experience who are getting their properties sold. You will also find dozens of inexperienced REO agents who dont know what they are doing and have listings rotting on the shelves. Experience is everything in this business. The last few years were an anomaly and the business is returning to agents who actually understand how to get things done.
BTW, have you noticed how all the Help-u-notsell, Assist-to-notsell, iPaynone and the other discount houses are disappearing by the day. I havent received a piece of marketing from any discounters in over 4 months. That business model only works in the best of times. Keep at it, watch your expenses like a hawk and you’ll be fine.
sdrealtor
ParticipantSD R,
You obviously dont know any good REO brokers. It is a very difficult job and they do tons of work. REO brokers are also property managers. The deal with tons of offers and legalities that you and I dont have to. They need to have fairly large staffs to handle all the work.I know several very good ones and they also have plenty of say over pricing. Check out the agents that are listing alot of REO’s and you will find several very good ones that have decades of experience who are getting their properties sold. You will also find dozens of inexperienced REO agents who dont know what they are doing and have listings rotting on the shelves. Experience is everything in this business. The last few years were an anomaly and the business is returning to agents who actually understand how to get things done.
BTW, have you noticed how all the Help-u-notsell, Assist-to-notsell, iPaynone and the other discount houses are disappearing by the day. I havent received a piece of marketing from any discounters in over 4 months. That business model only works in the best of times. Keep at it, watch your expenses like a hawk and you’ll be fine.
sdrealtor
ParticipantTurnabout is fair play. Where did your number come from? Did you pull it outta thin air? Apparently they dont need to convince you but rather YOU need to convince them!
The only thing that matters in a declining market is what has closed in the last 30 (atmost 60 days). Everything else is just noise. You should look at your price carefully. Perhaps lowering your price by $50,000 will send a message to all those buyers that you are willing to negotiate a bit but that $1.15M is too low. You may also attract a new class of buyers at a slightly lower price. If you ealtor is discussing strategies like this with you, then you might not have hired the right one.
This is not a bad market. Its a great market for sellers that have nice homes, prepare them properly, market them properly and price them properly.
sdrealtor
ParticipantTurnabout is fair play. Where did your number come from? Did you pull it outta thin air? Apparently they dont need to convince you but rather YOU need to convince them!
The only thing that matters in a declining market is what has closed in the last 30 (atmost 60 days). Everything else is just noise. You should look at your price carefully. Perhaps lowering your price by $50,000 will send a message to all those buyers that you are willing to negotiate a bit but that $1.15M is too low. You may also attract a new class of buyers at a slightly lower price. If you ealtor is discussing strategies like this with you, then you might not have hired the right one.
This is not a bad market. Its a great market for sellers that have nice homes, prepare them properly, market them properly and price them properly.
sdrealtor
ParticipantTurnabout is fair play. Where did your number come from? Did you pull it outta thin air? Apparently they dont need to convince you but rather YOU need to convince them!
The only thing that matters in a declining market is what has closed in the last 30 (atmost 60 days). Everything else is just noise. You should look at your price carefully. Perhaps lowering your price by $50,000 will send a message to all those buyers that you are willing to negotiate a bit but that $1.15M is too low. You may also attract a new class of buyers at a slightly lower price. If you ealtor is discussing strategies like this with you, then you might not have hired the right one.
This is not a bad market. Its a great market for sellers that have nice homes, prepare them properly, market them properly and price them properly.
sdrealtor
ParticipantTurnabout is fair play. Where did your number come from? Did you pull it outta thin air? Apparently they dont need to convince you but rather YOU need to convince them!
The only thing that matters in a declining market is what has closed in the last 30 (atmost 60 days). Everything else is just noise. You should look at your price carefully. Perhaps lowering your price by $50,000 will send a message to all those buyers that you are willing to negotiate a bit but that $1.15M is too low. You may also attract a new class of buyers at a slightly lower price. If you ealtor is discussing strategies like this with you, then you might not have hired the right one.
This is not a bad market. Its a great market for sellers that have nice homes, prepare them properly, market them properly and price them properly.
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