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60585 : Real Estate Advice

  • All16
  • Local Info1
  • Home Buying5
  • Home Selling6
  • Market Conditions0

Activity 13
Thu Aug 31, 2017
UpNest Top Realtors answered:
We created UpNest ( to help home sellers get the best value possible. All you have to do is submit a few details about your home, and we'll invite several top local agents to submit proposals to you. Since agents are competing to earn your listing, they bring out their best commission rates and value added services, saving you a lot of money. There's no risk to try us at all, and it's completely free for you. Good luck! ... more
0 votes 1 answer Share Flag
Tue Dec 8, 2015
Bob Brandt answered:
Mon Nov 9, 2015
Anthony Cavalea IV answered:
There are a few things going on here.

1) It's very typical when you first list a home to get a ton of activity. You're newly listed and the people looking in that area are going to want to view the home. As the listing goes on, you will get buyers that just started looking, which leads me to my next point.

2) It's November (you asked in October). The housing market typically does start slowing down now, and it was early this year. There are fewer new buyers and many current buyers are taking a break for the year.

3) Part of it could be the interior finish/condition. It's easier to get away with some cosmetic defects in 60586, but N Plainfield 60585 buyers tend to be pickier because the values are higher, different clientele.

A price reduction does 2 things: 1) will be automatically sent to active prospects on ConnectMLS (provided it fits search criteria), and other IDX websites where price update email features are enabled. So it reminds buyers you're still there and it gives you ac second shot at people that might have missed it before. 2) brings your list price closer to reality if you're overpriced.
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0 votes 3 answers Share Flag
Fri Feb 27, 2015
Suzanne MacDowell answered:
If you will go into the rental listing and scroll down to the MORE drop down menu that is just below the photo in blue. Click on FLAG you will get a dialogue box called listing error. Click on the down arrow called ERROR TYPE and choose suspected fraud. In the dialogue box, tell Trulia why you suspect this is a scam. The listing will be pulled down and if it is confirmed to be fraud it will NOT be put back up. And thank you in advance for making the world a better safer place. ... more
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Thu Dec 5, 2013
Russ Lenich answered:
Were you successful in your search? Another option I have found works in situations like yours, is having an investor that would purchase the home you would like to rent to own, then you work out the arrangements with the investor.

If you are still looking, I may have that option for you. Just email me. Take care.
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0 votes 4 answers Share Flag
Fri Mar 4, 2011
John Walin answered:
Definitely on market sooner rather than later, now is good. I disagree with Jerry on cookie cutter/tract homes, cookie cutter are selling pretty well and easier to comp out when it comes to pricing the house right and appraisals whenever you do get a buyer. Those "unique" homes on huge lots or log cabin style, or extreme custom designed homes are hard to find a buyer for. The problem from a formal BPO, broker price opinion, is that you're in a remote suburban area and your primary competition is 20 minutes east. You need to get a solid projected net walk away number to make sure you are not close to upside down on the loan. You owe 1.5 years worth of taxes, all of 2010 and half of 2011 so that has to be taken into consideration. Interview 2 or three agents from agents that do postcards in your area. That means they arent shy about marketing their listings and wholly dependent on internet to sell the house. I am out of area, so I don't have a dog in this hunt. Best of luck! ... more
0 votes 11 answers Share Flag
Tue Jan 18, 2011
Jason Baez answered:
In Virginia the standard commission is 6% (7% in some cases). With all of the websites and information on the web, you should be able to gather all of the information you need about agents. Browse some profiles and do phone interviews. Then pick the agent that best suits your property and you "click" with. Show some initiative, and you will be rewarded with a great new professional relationship. Good luck. ... more
2 votes 9 answers Share Flag
Wed Sep 22, 2010
Philip C. Gleason answered:
I can understand the Realtor being uncomfortable he/she has a fiduciary responsibility to the bank that hired them to sell the property.

I have had a deal working since 01/09/10 and the bank wanted 10K more than we offered. Sent back the counter at our original price with back up info to justify our offer. Took 2 weeks for them to get back but they accepted. You need to back up your position with facts. Just wanting something does not make it so. Just build a solid case using information that your agent can give you. ... more
0 votes 5 answers Share Flag
Wed May 12, 2010
Deb answered:
We got a counter offer, but no answer back on our decision to stick with our original offer! I hope to GOD we hear something by tomorrow at the latest, as we were told.
0 votes 11 answers Share Flag
Sat May 8, 2010
Stephanie Campani answered:
It is going to be different with each company. I just submitted an offer for an REO and it only took 3 days to get an answer back but in the past other offers have taken a few weeks for an answer. I wish there was some required time frame but there is not. Although banks would like to get rid of their inventory as soon as possible, 46 days in this market is not a long time. Good luck with your offer.
Hope this helps.
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1 vote 1 answer Share Flag
Tue Sep 9, 2008
Patrick Beringer answered:
I don't live in your area, but I do have an answer for you. But Mark beat me to it, and much more eloquently..I would have said that you have answered your own question--Your price is too high. Your neighbor was listed at $315k and sold. You're listed at $329k and wonder why you haven't sold?

Zillow is a great tool for gathering information but is not a source of market value. Zillow will not come to your house and determine whether you have granite counters or a Jacuzzi tub, or whether there's a utility pole blocking that view.

Good luck.
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