for quick sale... . Zillow.com has the low price of the home at $298,000 . Since we don't live there (we live in Illinois), we would like a quick sale. In addition to the house is an 1800 sq ft shop, house is 2274 sq ft and both sit on 1.6 acres. The question is for the area is the price (in this economy) adaquate for quick sale? Also, the satellite view is TOTALLY wrong, how do we get it fixed? Thanks
To the Owners Of Kendall Estates,
The answer is No
You are so wise to ask this basic question. Is the price adaquate for quick sale in this economy?
In my humble opinion the house is overpriced for this market. If you want to do a Quick Sale, your looking at $160,000-$150,000.SOLD price. At this price you would have a chance of capturing a first time homebuyer who could qualify for the tax credit before November and they may still have some money to do some updating over time to gain some equity.
I have seen your house and brought my client who was very interested. That being said why no offer?
My client was looking for land and the property is on a bluff. I think thats why Zillows value is coming out wrong. The computer is including the land value. Most of the land is below or above and not walkable. The house itself has no flow and its dated. The good thing is that its clean, vacant and on a private dead end road just outside of town.
I tell my sellers, that in todays market , offers are few and far between but it only takes ONE
If you don't try its a sure thing you'll get NONE
So put your home on the market before the first time buyers tax credit incentive is gone! Having it priced right in this economy means " SALE PRICE" below market and in tip top shape. The competion is tough and getting tougher. Make sure what the buyer is looking for is what you have to offer. If its a good deal they will find YOU. Buyers are actively seeking deals!
I really hopes this helps you get your home SOLD
The satelite view requires a click and drag motion on the star. You should find it at the top of the map when you ad it to your listing
Thank you for asking that very important question ( in this economy)
Brenda Sullivan, broker
http://www.c21bestrealty.com
cell 541-217-8851
Hello Mrs. Lively,
Your recent price reduction to $199,000 seems to be attractive to buyers. It is a good deal to get a home in the country with 1.6 acres in this range. Your realtor is among the best in the business and I know that although the market is sluggish at this time, sales are picking up and you will get that buyer!
The home has a funky floor plan but plenty of living space. The shop is quite nice and affords a possible in-law apartment possibility. My buyer liked the location greatly, but needed a kitchen on the main level.
I hope this input helps,
thank you!
Molly Stevens
Century 21 Best Realty, Inc.
Hi Shar,
My name is Debra Roth. It was a pleasure receiving your inquiry. I am a Realtor in the North Bend area. I would love to have more information on your property in order to assess it's market value. Things have been pretty slow here this last year. The inventory of homes for sale is large and prices have come down. The homes that are selling are the ones that are a little under the market value. On the surface your price looks good for a home, acerage and a shop. There are lots of folks looking for something like that. Condition and location are huge factors. Do you have a realtor marketing your property? In today's market you need a Realtor who has a expansive internet presence because that is where the buyer's are looking for their next property. Without proper marketing your chances of selling are slim. A large percentage of buyers are from out of town and they have been previewing homes on the internet for a long time before they arrive. Buyers tend to look at the big real estate brand websites, websites like realtor.com and others. Then they will contact a Realtor to work with. Usually they will go with a brand name they recognize. For a quick sale I would suggest that you work with a Realtor with a brand name that has high recognition and who uses technology to reach out to todays buyers. In order to market my clients homes I place their home on TV, in the newspaper, in the regional real estate magazines, but most importantly I place their listings on about 20 web search engines. It really gets results. Let me know if I can help you in any way. I look forward to making your property needs my priority!
Warmly yours,
Debra Roth
Hi - Zillow will allow you (as the home owner) to go in a make modifications and adjustments to the description, condition and ameneties of the home and then they will make some adjustments to what they consider the value. You can also play around with the map and set the location better. Most of the satellite photos are not very recent, though, so it may have the correct location but just not the current view.
I'm not familiar with the North Bend area to give you any guess as to the market there - but hopefully that helps a little where Zillow is concerned.
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