Home Selling in Amherst>Question Details

Carmen Billu…, Real Estate Pro in Tonawanda, NY

How can someone sell a handyman special in amherst? 3 br ranch for a fair price

Asked by Carmen Billups, Tonawanda, NY Sun Jan 23, 2011

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3
Every piece of property no matter commercial OR residential in time finally sells

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes Thank Flag Link Sun Jan 23, 2011
Carmen,

The market "Is what it is" and we, as agents, can't change it. My first hand reality is that every single person that I have worked with in the past two years has expressed the desire to find a deal(probably spelled
s-t-e-a-l).

With this said, if you can't price a home to compete with your area's distressed market, it may be best to "pass" on the opportunity to take the listing. In this market, the idea of a "fair price" has taken on a completely new image.

Best regards,

Bill
0 votes Thank Flag Link Sun Jan 23, 2011
Carmen a fair price for who? The owner who wants to dump a property and not put anything in it or the investor who is putting their money and time in the property and taking the risk on getting it resold?
35% of ARV less cost of repairs sounds fair.
0 votes Thank Flag Link Sun Jan 23, 2011
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