I just dont think houses in the 400,000 and up range are moving quickly even if they are a good deal. And believe me, this is a good deal. There are still buyers with money and there are still homes in my area selling for 1,000,000. But really - it seems the buyers out there are looking for deals and steals. Houses priced in the 250,000 are what seems to be moving in surrounding areas. - Sun Jul 20 2008, 13:59
What would be the consequenses of it showing up in the history that I raised the price? - Sun Jul 20 2008, 12:53
I have had 1 showing in less than a week. I will discuss it with my realtor , but yes I was concerned about the history, but I feel 20,000 is not a big deal to a buyer, but to me it is. I still feel it is under value if I raise the price. If I dont, I will not negotiate at all on the price. I know buyers have to feel they got a deal also, so they want to take some off the price, right? - Sun Jul 20 2008, 12:32
currently listed at 440,000 - Sun Jul 20 2008, 11:15
Thanks JR. My house has only been on the market less than a week. I had a showing the very first day. No feedback from that showing. I only want to raise the price 20,000 and the other comp is still 20,000 over the new price I want to list at. I used to be an appraiser in a past life, so I know a little bit about it ;o) - Sun Jul 20 2008, 10:54
fyi. Appraisers need comps same style, within 6 mo, and within 1 mile. It is same style house in every way, SOLD IN MAY 2008, it is smaller than my house, BUT sold for way more than what we listed for (and my house is 800sq ft bigger). MY CMA actually had a house that was over 1000 sq feet than mine, so this one should have been used instead. - Sun Jul 20 2008, 10:28