Peter Larson

Hello Mark!
If you are working with an agent, I also think that they should be doing this for you...its our job! If you are taking it on yourself, there are tons of sites to post your home on. I think that Craig's List and Backpage may be helpful for you. They are easy to use, can be edited easily and also index pretty well with the search engines. Trulia also seems to index well, make your description include key words that you think buyers will search for. I use pay sites and free sites and I seem to get more hits and interest from Craig's List than most of the others. You do have to remember to re-post every so often and use a posting title that you think buyers would search for.
All in all, I really do feel that your agent should be doing this for you. As far as FSBO, the stats show that you will do better with an agent and you get representation that will help keep you out of any problems that can arise.
I hope that helps a bit and good luck! - Tue Oct 9 2007, 14:24

I would agree with Jim. Buyers in the market today are shopping by the sticker price right now. They really want to feel that they are getting a great deal. Location and features are not as important as they used to be...price is king. You are probably competing with a lot of foreclosures and short sales that are really bringing prices down. While foreclosures and short sales are not always a great deal, buyers feel that they are because they are a foreclosure or short sale. To compete, you really need to have a price that stands out. If you had 5 people say that it was a great price...it would be in escrow!
I sell REO properties (foreclosures) for a large bank and I am getting many more showings and offers on those properties that I am on my non-foreclosure residential properties. While my residential properties are priced pretty well, buyers seem to really think that they are automatically getting a great deal on the foreclosure properties.
A couple more things to consider would be declining prices and a slower season. The longer your home is on the market, the better the odds are that you will sell at a lower price in the future. While it may not feel great to lower the price, it may get sold faster and for more money than if it sits for a few more months. Also, the holidays are around the corner and that does often slow things down a bit as people get busy and do not want to be moving in the middle of the holidays.
I hope that helps a bit and best of luck getting it sold! - Tue Oct 9 2007, 14:04

I would also say that you should turn to the Realtor or agent that helped you buy your home. Some of the internet stops like Zillow can use comps that are years old and not always the best indicator. Here is San Diego, the property values are changing by the minute and I would not even go back 6 months to come up with a value! Good luck! - Tue Sep 25 2007, 11:14