Nobuhisa, Home Seller in Ohio

We've just started the process of selling our condo in Beavercreek, Oh. What percent of a loss from our?

Asked by Nobuhisa, Ohio Sat Jul 12, 2008

purchase price should we expect in general?

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John Youker,…, , Beavercreek, OH
Sun Jul 13, 2008

Most condo neighborhoods in Beavercreek seem to be selling around the 94% - 96% of asking price, however, it is different from complex to complex - ALL real estate is local, and even in your local area, you need to go by each neighborhood. Some are selling at 99% ande some are at 93%, so consult your agent, who should have already provided you with this information from the beginning. If you do not have an agent, please go to and input your address and information and I will send you a complimentary market overview of your neighborhood which will include a sale price to list price ratio.

Of course, you do have to have your unit properly staged to sell, which we can help you with and priced properly for success in the current market.

I would be happy to meet with you, please feel free to email me any time.
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Doug Wagner, Agent, Beavercreek, OH
Sat Jul 12, 2008
That's a question best asked of your real estate agent. It depends on when you purchased your property and, to soem extent, which complex you reside in. In general, real estate prices in the Dayton area have appreciated around 3% per year from the early 70's. However, market prices are off around 10-12% since the peak in mid 2005. Condos have typically lagged the average in growth and led the decline. Sorry for that bit of news.

If you are unrepresented and would like a local agent to give you a true valuation, let us know. Otherwise, I recommend you seek your advice from your agent. That's his or her role and responsibility to you. Good luck.
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Dallas Texas, Agent, Dallas, TN
Sat Jul 12, 2008
Difficult to state I would recommend to have real good comps and agressive marketing you may not have a problem with loss.
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Paul Weisz, Agent, Anacortes, WA
Sat Jul 12, 2008
Nobuhisa - It can vary from location to location, but is not set in stone. In Western Washington I have seen commission's, (usually paid by the seller) range from 5%-8%. Individual broker policies may differ but feel free to shop around and ask. A 6% commission is prpbably most common, yet a real estate can really make a difference in the sale of your condo. An agent familiar with your area can guide as to how many condo's are currently on the market, which ones are your competition, average time to sell...the list goes on. Though some individuals encourage the For Sale By Owner mentality, they usually don't know that FSBO's sell for on average 12-18% less than comparable homes listed by a Real Estate Agent. Good agents are paid to know your market and walk you through every step of the process. Interview a few and ask lots of questions. Good Luck!
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