Matt

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Matt, in Hiram, GA
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Matt, Home Seller in Hiram

Is anything selling near Hiram? We're remote sellers and all we're hearing is tumbleweed. Matt

Asked Fri Jul 25 2008, 15:44 by Matt  -  30141  -  Home Selling  -  8 answers
Matt answered:
Thank you for that information Melissa. Out property is on Realtor.com and my Agent has really done a lovely job with the photos. As you say, it's hard to compete with all those foreclosures. Maybe some of the federal legislation going through now will help matters, but even if it slows the flood of foreclosures it seems the home prices are going to be depressed for some time. So for me it's a question of whether waiting things out is going to make things any better, or do we accept that we're not going to escape with any equity and try lowering the price now to be more competitive. I'm glad I posted here because now, at least, it seems I have those options -- that there are buyers out there at least.

Regards,

Matt - Sat Jul 26 2008, 15:18
Thanks for these responses; it's refreshing to hear from people in the area.

We were originally asking a modest (at the time) 215K and dropped to 200K thinking we'd come up when people are searching with 200K as the high point, or low point of their search criteria. That's encouraging that you're getting some showings at 189,900; maybe there's hope for this market yet! :-)

I was talking to my wife about the price of gas, thinking the same thing: now, when people are weighing the pros of a cheaper house and bigger yard against the cons of a longer commute, it's compounded by fuel expense. There's that, and also I imagine that it weighs on the Agents who have to use up more gas showing houses.

Regards,

Matt - Fri Jul 25 2008, 19:00
Thanks for your response, Karen and Owen!

Believe me, greed is the last thing on our minds -- the longer it's on the market, the more money we lose in mortgage payments and storage, plus the Limbo of having to wait to sell it. We were probably already the best bang for the buck before we dropped 15K (which our Realtor didn't think would help, and she seems to have been right). We've just had no showings at all since January -- the two prospective buyers we had wanted to buy, but couldn't get the financing. The other houses in our subdivision aren't moving either, and most of those have dropped prices significantly.

Our Realtor isn't exactly local though (Roswell) and that adds to the anxiety.

Matt - Fri Jul 25 2008, 16:32
Joe, Home Seller in Brigham City

We have a realtor who is not fullfilling her commitments on selling our home for us.

Asked Thu Jul 24 2008, 23:53 by Joe  -  Brigham City  -  Home Selling  -  16 answers
Matt answered:
We have a house on the market and are in a similar situation: our Realtor, though very nice, never contacts us -- we always have to contact her to hear that the market's dead and that she's doing everything she can do. What joy it would be to actually have a prospective buyer! I'd like to believe that in our case the Realtor would be there for a showing, but if she did something to jeopardize a sale, as you've experienced, we'd be scrambling to get out of the contract.

It seems to me that with this market and so many agent having to get out of the business to find other work, we're seeing a lot of listings that aren't being represented properly. I don't know if we're in that boat or not, honestly. None of the other houses on our street are moving either.

Matt - Fri Jul 25 2008, 15:38
Sister Sarah, Just Looking in Chicago

searching for a good place to live in atlanta,ga.nad a great county there with a 4bd,2bth house where

Asked Fri Jul 25 2008, 11:41 by Sister Sarah  -  Atlanta  -  Home Buying  -  9 answers
Matt answered:
My wife and I loved living in Paulding county and our house there has been on the market for way too long, despite being priced to sell. Nothing is moving, so there are some great deals out there.

Matt - Fri Jul 25 2008, 13:51
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