Carlo Gobba

The average time on the market to answer your question is approx 90 days depending on what other criteria is used. (Square mile, 30 days back, 90 days back, Brick, not brick, year built) and believe it or not weather or not the home was on the market with a full service brokerage firm or discounted service and fee firm. When trying to sell in the shortest period of time the agents experiece has quite a bit to do with your time on the market and bottom line. - Tue Aug 12 2008, 16:40

There are many sites that advertise foreclosures. They very best way to find one is to find it BEFORE it hits the market or as soon after and a good buyers agent will be able to help with that. I for one have access to all of Countrywide banks inventory as well as several other banks and we share that information with our clients looking to acquire.

Be sure (IF you are serious) to have your financing in line an acquisition strategy in place. While there are many foreclosures out there, in many cases the good ones are selling FAST. - Thu Jun 26 2008, 10:13

Just because your home has been on the market for 7 months isn't a reason to get rid of an agent. The question is, (what are they doing for you) AND more importantly, how have YOU priced your home over the past seven months. IF you priced your home over the market seven months ago and it is still over market, how is that the Realtors fault? Price is still more than half of what gets a home sold. No amount of exposure will sell an over priced home. A fresh market analysis should be done every 30-45 days in a declining market. It is important to also note that homes median sales prices were nearly $190,000 in Royal Oak 12 months ago where they are closer to $150,000 today.

A Buyer is there for almost EVERY home that is priced at a value (even in todays market.) Pricing high and expecting to negotiate is not the best way to approach the market today. Ask for an updated market analysis. Ask what kind of proactive things are being done to market your home and make a good decision to get your home sold now before it gets worse. - Thu Jun 26 2008, 10:09

Typically speaking an imporvement of this type should help sell your home faster and offset the investment you made in it. The overall picture on what you are trying to sell and what you are trying to accomplish should help answer this question. What I am trying to say is... If your home is more of a fixer upper and has other itens that should be addressed you may be better off pricing the home to sell. If your home is updated for the most part and this is one of the only or few items left to do, it may be wise to see it through and get it done prior to marketing your home. Timing is very important as well. How long it will take you to get this project done may loose you valueable time on the market. Many buyers buying homes right now that have kids need to have a place in mind to purchase this month so they can be in by next month before school starts.

There are other factors to consider here as well such as the ones I touched on. A good agent will try and ask you questions as well as answer any of the ones you have. - Thu Jun 26 2008, 10:00

Without knowing what price you are shopping I wil take a stab at giving you a website you can search for school info PLUS see the great deal that is being offered on this specific home in Troy Estates Sub. http://www.3654Boulder.com *The bank owns it for over $300,000 and are willing to go very close to $200,000 for it.

This is just one of many that I represent which are below value. - Tue May 13 2008, 11:47