Asked by Diane, 34110 • Wed Apr 7, 2010
Last April we listed our single home in SW FL, for $599,900, and got an offer in 2 mos. for $570,000. Appraisers used short sales and townhomes in adjacent neighborhood as comps. House appraised for $540,000, and buyers backed out and bought home (same model but without elec. hurricane shutters, plantation shutters, etc) for $540,000. We put home back on the market 4 mos. later, at $579,900. Others(our model) in our neighborhood are listed at $599,900, $575,000, $555,000, and a short sale just closed at $415,000! We lowered our price to $549,000, below all (except for a new short sale, at $439,900). We have had 30 showings (most before we decr. price two weeks ago) and not one offer. Again, the agents seem to love our house. We have little communication from our agent. We're told that the short sales are what's
killing us & that the appraisals are still being done by out of town appraisers who "only look at the box and not at special artisan glass front door," HELP!
Real Estate in Naples
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