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Home Selling in Lafayette : Real Estate Advice

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  • Local Info2
  • Home Buying18
  • Home Selling5
  • Market Conditions2

Activity 5
Karen Peyton, Real Estate Pro in Chandler, AZ
Wed Sep 23, 2015
Karen Peyton answered:
Hopefully your son is working with a real estate professional. Assuming so, it is upon "their" advice he should rely! None of us have seen the carpet, know the price of the home relative to market conditions, or how long it's been for sale.

Unless your son purchased the home with the carpet within a fiber of its life, how bad can it be? Has he tried having it professionally cleaned? Cleaning is of course the least expensive option.

If indeed horrible, and given your price scenario ($5,000 price reduction vs. $3,500 carpet replacement) the numbers speak for themselves. Unfortunately there is no crystal ball to know what will happen next.

Depending on how much time your son has to move, "money" will soon take a back seat to urgency. What he doesn't want to do - is become desperate. To that end, he should make the best decisions he can in the moment. Hindsight is always 20/20 - but the objective is to look forward, not back.

Again, if listed, your agent's advice is the one that counts.

Wishing your son "Good Luck" for a quick sale!

K.
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Gerry McLoug…,  in Naples, FL
Sat Aug 17, 2013
Gerry McLoughlin answered:
D.S.
Check out my fsbo tips. I have a network of really good agents if you need a free referral. Best Wishes, Gerry
http://www.youtube.com/watch?v=AAOVoR7LFvY&sns=em
0 votes 8 answers Share Flag
Courtney Jac…, Home Buyer in Lafayette, IN
Mon Mar 18, 2013
Courtney Jacoba-logsdon answered:
Karen Barrett, Real Estate Pro in Angola, IN
Sun May 31, 2009
Karen Barrett answered:
Your concern about time on market for your home should be a concern if you are not already on the market. You need to do everything you can to shorten your market time once your home is out in the public eye.
1) Price it to sell. Do not over price your home. Many owners interview agents, get 2-3 opinions on price. Have the realtor show you the SOLD comparables used in their analysis and price it with NO ROOM to Spare. This way, that same analysis "could" be used to show a buyer that you have not overpriced your home.
2) Get your property inspected, (and surveyed if needed) so that all disclosures have been made up front. Also, from the inspection report, try to make the repairs. This will save time and will ultimately save you money. (You don't want a buyer making a discovery on any defect with your property, buyers and agents will multiply a cost of a repair by 10 or 100.)
3) You can get the paperwork together from when you purchased your home and your local Title company or have your listing realtor get a pre-determined title search done. (Should not have any cost here as long as you use that company when you have a buyer).
Have your Realtor do an Open House Immediately (the 1st weekend it is listed if possibly) and invite ALL your neighbors.
All of these should help shorten time on market, unless something is wrong with the home and your agent should be able to share with you any problem you might have to face.
Happy buyer hunting.
Karen
karen@hansbarger.com
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