Home Selling in 98117>Question Details

Scholze, Both Buyer and Seller in Seattle, WA

Advice please.. on the home for sale at 2007 NW 85th good looking house appears well kept. listed at.

Asked by Scholze, Seattle, WA Fri Feb 13, 2009

What should it be listed for?

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Answers

5
I'm not your agent, nor am I attempting to become your agent, or otherwise undermine what your agent is doing. But I can give you an opinion in answer to your question: Your home is simply not going to sell at this price. There's half a dozen houses near you which are priced lower and some of those might even be better houses, or at least on a better street.

As far as how it should be priced, that's a question that you and your agent need to discuss. While I know that we're responding to your request here, I take the MLS rules very seriously and am wary of crossing that line between helpful advice and solicitation of a listing. Definately talk to your agent about a price drop if you really want to sell.
0 votes Thank Flag Link Fri Feb 13, 2009
Scholze
I agree with Sandra that an updated market analysis seems in order. Properties on the market
for longer than 90 do not reflect an honest market price as additional market time decreases
the sales price. 85th is also an arterial and although it may be a very desireable property you
would probably need to reduce your price from comparable properties a minimum of 10%
and more likely 20% or find a recent sale on a similarly-trafficed street. Also, keep in mind
condition is everything in all marketplaces but critical in this marketplace. All deferred maintainence must be done and I would suggest having a building inspection done to make sure all items are covered.
Mary
0 votes Thank Flag Link Fri Feb 13, 2009
I'm in total agreement with Sandra and Heather. 95% of marketing a house correctly is pricing it to sell! 145 days on the market (particularly in this market) without a single price adjustment...either your agent isn't being honest with you or you need to speak to someone who actually sells houses, not just list's them!
0 votes Thank Flag Link Fri Feb 13, 2009
I live and work in your neighborhood. People have asked me about this house; they notice the sign as they go by. Of course, the busy location that is getting your house noticed is also one of the things that makes it challenging to sell. I second Sandra's advice that you should discuss pricing with your listing agent, along with other factors, such as location, condition, etc. that affect the house's saleability. 248 days on the market is way above average, even in the current market.
0 votes Thank Flag Link Fri Feb 13, 2009
I see this is your listing. If you are concerned about whether it is priced right, you should speak with your agent. It might be time for an updated market analysis. Good luck!
0 votes Thank Flag Link Fri Feb 13, 2009
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