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85375 : Real Estate Advice

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  • Local Info3
  • Home Buying4
  • Home Selling6
  • Market Conditions1

Activity 16
Fri Sep 30, 2016
Ronda Kokowicz asked:
Mon Aug 22, 2016
Maricris A answered:
Hello,

To post your home for sale by owner on Trulia, click the link below and select “Submit listings for sale.”

http://www.trulia.com/submit_listings/

You will be redirected to our partner site, Zillow. Once you’re on Zillow’s posting page, please make sure to select “For Sale by Owner” under the address field. Once you activate your listing on Zillow, it will appear on Trulia within 24 hours.

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Regards,

Maricris
Consumer Care Advocate
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0 votes 1 answer Share Flag
Mon Apr 18, 2016
Karen Peyton answered:
This is a time when a real estate professional is worth their weight in gold!

Mobile/manufactured home sales and mortgage loans are a niche market in the Phoenix area with only a fraction of agents and lenders doing business in the arena.

If you don't have an agent of your own (which I highly recommend) you might pose your question to the Seller's agent. One of our jobs as agents is to identify possibilities of financing when we list a property for sale.

If neither you nor the Seller have an agent, I suggest the person "here" does some investigation to locate agents. The old fashioned way is best, driving the neighborhood and general vicinity in search of "for sale" signs. Call them. Agents will be the best source of information in finding a suitable lender.

Gird your loins! It will be a challenge!

Best of luck!
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1 vote 1 answer Share Flag
Sun Mar 20, 2016
Karen Peyton answered:
Ask your agent to remove your property listing for you. If you added it yourself somehow, you'll have to figure out the syndication mechanism and attempt to "kill" it there. That's really the best you can do. There is no add, edit, or removal feature for the public. ... more
0 votes 1 answer Share Flag
Thu Sep 17, 2015
Karen Peyton answered:
Contact an agent in your area for a no-cost market analysis. That's the only way to get a true indication of value aside from an appraisal which will set you back around $450. Do not rely upon computer generated models - they have no bearing on reality. ... more
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Thu Feb 19, 2015
slharshman asked:
My criteria clearly stated that I was interested in 3 bedroom, 2 bath, yet I am getting listings for only 2 bedroom homes daily. How can I change this to listings for 3 bedroom homes?
0 votes 0 Answers Share Flag
Mon Oct 28, 2013
Rebecca Kallhoff Team answered:
You cannot have a home on the MLS datebase unless you are a real estate agent.

Barb, are you looking to get it on the MLS? I would love to assist you in this.
Most of the homes I sell, IF priced at Fair Market Value, go under contract within 30-45 days.
I have a marketing plan that will beat out my competitors, and I would love to have the opportunity to present my plan to you!
I will also let you know what your home is worth FOR FREE!

If something like this is something you would be interested in, please give me a call or send me a quick e-mail and I would love to help you out!

rebeccakallhoff@gmail.com
4802759566

I look forward to, hopefully, working with you in the near future!
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Tue Sep 10, 2013
Anthony Salamone answered:
Thu Jul 25, 2013
Steve Dixon answered:
What is the purpose for asking this question? Is the purpose to sell your house by and make it appear better than the competition? Be careful about misrepresenting the facts. You do not want to put yourself in a position of liability. It has been the practice to use the square footage that is listed on the county tax assessor's website. This square footage is generally calculated by the square footage in the building permit when the home was built or when a permitted remodeling was made for habitable space. There are different requirements for different types of remodeling projects that may or may not increase the square footage of the home. A permitted patio cover does not increase the square footage of the home. But what happens when the patio cover is enclosed and an air conditioning unit is added? Is that space now more usable? If, for no other reason, it is important for you, the seller, to disclose all items for which you are aware to the buyer so that you do not become liable for misleading information. ... more
0 votes 7 answers Share Flag
Wed May 1, 2013
Jason Danch answered:
Yes the sq footage can be included in the total sq footage of the house, but when it comes to appraisals and in the eye of the buyer it will not be as valuable of space as the main part of the house, so be sure to keep that in mind. ... more
0 votes 1 answer Share Flag
Tue Oct 11, 2011
Craig Rhodes Sun City West Homes Expert answered:
Kimi, did you ever sell your home in Sun City West. In August 2011, the median price in Sun City West was 13% lower than August 2010. The good news is that prices next door in Sun City Grand have risen 3% over the same period. Price stabilization in Sun City West may occur as we get into the winter selling season of 2011/2012. Contact The Rhodes Team at Long Realty in Sun City West if you have an further questions.
TheRhodesTeam@msn.com or www.SunCityWestLifestyles.com
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0 votes 4 answers Share Flag
Tue Jul 26, 2011
Ron Thomas answered:
LISTING PRICE

Understand that the LISTING PRICE has one primary objective, to attract attention: It is not intended to be set in stone, and in many cases it is not even a good guideline toward the SELLING PRICE.

Some Sellers believe that by setting the LISTING PRICE high, they can always come down, and people will make an offer anyway: WRONG! Buyers will just bypass the property and look at houses that are within their price range. And six months from now, the Seller will slowly start lowering the PRICE, (this is called “chasing the curve”) and Buyers will be asking the question; “What’s wrong with that house?” and “Why has it been on the Market so long?”

Other Sellers set the LISTING PRICE low, to attract multiple offers. (The correct strategy.) We are asked; “Aren’t you obligated to sell at this price if someone offers it?” The answer is probably not; for that to happen, you would first have to have only one offer, and secondly, the offer would have be exactly the same, down to the smallest detail, (please discuss this with your Realtor).
Another thought; Buyer will search for potential properties by groups; for example, $400,000 to $450,000, and $250,000 to $300,000. If your house is priced at $460,000 or $310,000, the Buyers will never see it. (something else to discuss with your Agent.)

We have found that extremely often, the LISTING PRICE that is set on SHORTSALES and REO’s are not determined, nor even discussed with the Bank: The banks play their cards very close to the vest, they will not tell the Listing Agents any more than they have to; they will not give us their lower limits. So usually, the LISTING PRICE on a distressed property is a number taken out of the air.

If you are considering a property, have a Realtor do a CMA, (Comparative Market Analysis) to help you determine your Offering Price. If you look at enough CMA’s, you will see the trends.
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0 votes 23 answers Share Flag
Wed Jul 20, 2011
Kent Ellermets answered:
My crystal ball is broken. It all depends on your motivation for relocating. Will you be purchasing another home or sitting on the side lines? If you are purchasing another home, you may take a loss on your home, but make it up on your purchase. Have a local agent run a CMA and see what you may be able to get for your home. I agree with everything being based on supply and demand. I personally do not believe waiting a year is going to help with a price recovery. If you chose to relocate to the Bradenton/Sarasota Area, look up my team.

www.sarasotarealtyteam.com

Kent
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0 votes 5 answers Share Flag
Wed Jul 20, 2011
Ron Thomas answered:
before you get into DISCOUNTS, you must understand that there is absolutely no rhyme or reason for the determination of LISTING PRICES:

Some SELLERS will put a high Listing Price on their home, believing that people will make an offer, and they can always come down. In truth, people will bypass the home and look for something reasonable. And 6 months later, they will start to lower the price, chase the curve, and wonder why no one calls; the people now believe that something is wrong with the property.

Some Sellers will put a LOW price on it, hoping to attract multiple offers. (The correct strategy.)

Discuss this with your Realtor.

Good luck and may God bless
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0 votes 2 answers Share Flag
Sat May 9, 2009
Blueblade2005 asked:
My home is listed as of May 1. I was wondering how we can find out the average lenght of time to sale a home in my area? I reside in Zip 23325, according to my realtor it is priced below…
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Wed Oct 17, 2007
Ulises Romo answered:
An aggressively priced home will seller faster than an overpriced home. In this market if you want to sell quickly, you must be below what other homes are selling for in your area. If you choose to overprice your home, there is a very good chance you will be holding on to that property for a long long time.

I just ran a Comparative Market Analysis and here are the numbers for a 3 bedroom single family detached, in Sun City West.

There are 99 Listings that are ACTIVE. And the average home size per square foot is 2,356. Average list price is $360,897. Active Days ON Market (ADOM) is 162. Current Days On Market (CDOM) is 191. (Average List Price / Average Sq Ft) : (360897 / 2356) = $ 153.18 per square foot.

There are 9 homes Pending a sale. Average Pending homes size 2,385. The average Pending home price is $328,694. Active Days On Market (ADOM) is 77. Current Days On Market (CDOM) is 123. ( Average List Price / Average Sq Ft ) : ( 328694 / 2385 ) = $ 137.82 per square foot

There have been 56 Listings that have SOLD May 2007. Average size of home sold is 2,405 square feet. Average listing price of homes sold is $343,169. Actual price on average of homes sold is $330,328. Active Days On Market (ADOM) is 149. Current Days On Market (CDOM) is 173. ( Average Sale Price / Average Sq Ft ) : ( 330328 / 2405 ) = $ 137.35 per square foot.

My advice would be that if you home matches this search criteria that you Price your home by the average SOLD per square foot price.

If this does not feel free to give me a call and I would be happy to run Comparative Market Analysis especially for you home.

Ulises Romo
PRO-formance Realty Concepts
Cell: 602-380-4890
Email: ulisesromo29@yahoo.com
My Website: http://ulisesromo.point2agents.com/
My Blog: http://activerain.com/ulisesromo
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