John Connolly

"Internet2Homes.com - Technology Optimized Real Estate"

I'm a:	Real Estate Professional
Company:	Stonebrook Real Estate
Location:	Salt Lake City
Phone:	(801) 662-0062

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John Connolly's Answers (4)

I found a home whose price was reduced on Countrywide's website from $145,000 to $41,900....

Asked Tue Sep 2 2008, 07:33 by P - All locations - Home Buying - 3 answers

John Connolly answered:

You can submit an offer for whatever price you want, the sellers can opt to accept or decline it. Even if the property is listed for $145k, and you offer $200k, they can choose to reject it if they want to. Remember that a transaction has to be agreed to by BOTH PARTIES, not just one. Typos happen. Good luck. - Tue Sep 2 2008, 08:09

What should my next step be in trying to get my house sold?

Asked Wed Aug 13 2008, 15:57 by Renee - Burton - Home Selling - 9 answers

John Connolly answered:

the short version is if you are not getting any offers, then the house is overpriced for what potential buyers are willing to pay for it. So you have to drop the price. If you "can't go any lower" then that means you are going to have to live where you are. Alternatively, you can do something to the house to fix up weak-points, to get it to a point where buyers will be willing to pay what you need to get out of it. Remember, what you need to get out of the sale of your home is completely irrelevant to what a buyer will pay for it. How would you feel if someone offered $50k because "that's all they can afford". You do not care what they can afford (if it's not enough) , and they do not care what you need to get out of it (unless it's too much, and they will not make offers.

Tough spot to be in, if it makes you feel better a LOT of folks are in the same situation.

Good luck Renee. - Wed Aug 13 2008, 18:37

Hello everyone!! I was on location today and dropped, with force, my newer camera !!! I need your help

Asked Mon Jul 14 2008, 16:19 by Julie Paez,… - All locations - Agent2Agent - 7 answers

John Connolly answered:

Sorry! I posted the wrong WEB REFERENCE on my previous answer -- FranklyRealty.com's Photo Class and discussion of wide angle/zoom cameras is at
http://www.franklyrealty.com/photoclass/ - Tue Jul 15 2008, 19:07

I have been shopping for a wide angle/zoom camera for a few months, and recently came across a "photo class" by http://www.FranklyRealty.com that makes good camera recommendations. Also a recent blog post by Jeff Archer of RealEstateShows.com at http://res.realestateshows.com/panasonic-lumix-fx35-vs-kodak-v705/ - Mon Jul 14 2008, 23:55

How do I get REO listings?

Asked Mon Jul 14 2008, 20:01 by Theresa Sumn… - All locations - Agent2Agent - 12 answers

John Connolly answered:

I just recently came across Tim and Julie Harris' Real Estate University which offers a reasonably priced (IMO) training/coaching program that is specific to developing your listing inventory with REOs. I was very impressed with their offerings so you may want to check it out. In their archived webinars they have one that interviews two agents in California that are doing a gangbuster biz in REOs and it was full of good info... - Mon Jul 14 2008, 23:44

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