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Home Selling in 02141 : Real Estate Advice

  • All7
  • Local Info0
  • Home Buying4
  • Home Selling0
  • Market Conditions0

Activity 13
Mon Apr 2, 2012
John Savignano answered:
Wed Oct 31, 2012
Dallas Texas answered:
Called a FSBO - get the required documents for a sales contract and follow the state statues (law) of selling any property residential or commercial. If you don't can be sued.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
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0 votes 16 answers Share Flag
Fri Jul 17, 2009
Don Tepper answered:
Check with your Realtor. If the first buyer accepts your offer, then there's a signed agreement--a signed sales contract. And, yes, contracts are binding.

If there was a time period in your counter and that time period expires, then so does your counter.

If you're confident about the second offer, you can withdraw your counter to the first buyer and then accept the second offer.

You can tell the first buyers that you've received a higher offer. However, the first buyers could agree to your counter at the price lower than the second anyhow. So, strategically (and check with your Realtor) it might be better for you to withdraw your counter, inform the first buyers of a higher second offer, and see if the first buyers will go up.

Hope that helps.
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0 votes 11 answers Share Flag
Tue Jun 30, 2009
Tim Cahill answered:
Hi Again,
I can only assume from the two words in your post that you're asking how the Riverside market is these days? :-) If so, without more detail as to whether you are interested in selling a single family home or condo, how many bedrooms it has, gross living area, etc., I can give you a breakdown of the number of active listings in Riverside over the past month (May 30 - June 30, 2009):

Active Listings
Price Range # of Listings Avg. Days on Market
$0 - $49,999 0 0
$50,000 - $99,999 0 0
$100,000 - $149,999 0 0
$150,000 - $199,999 0 0
$200,000 - $249,999 0 0
$250,000 - $299,999 0 0
$300,000 - $349,999 1 27
$350,000 - $399,999 0 0
$400,000 - $449,999 0 0
$450,000 - $499,999 1 62
$500,000 - $599,999 0 0
$600,000 - $699,999 1 33
$700,000 - $799,999 0 0
$800,000 - $899,999 1 7
$900,000 - $999,999 0 0

Total Properties: 4
Avg. Days on Market: 32
Lowest Price: $349,000
Median Price: $563,950
Highest Price: $829,000
Average Price: $576,475
Total Market Volume: $2,305,900
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0 votes 1 answer Share Flag
Fri Jun 19, 2009
Deb Nicholls answered:
Thursday. Times vary, but that is the approximate range.
0 votes 3 answers Share Flag
Mon May 16, 2016
David Chamberlain answered:
Yes you can, try to get together with some agents that are already doing one. Serve food and drinks that go along with what they are having.
0 votes 54 answers Share Flag
Fri Jul 31, 2009 answered:
Sadly welcome to world of traditional brokerage!! I am so sorry you are experiencing such push back and ignorance from listing agents (who also represent home buyers).
If you want to talk about this in a more personal and open detail - so that we don't "offend" anyone - feel free to contact us below and we can give you some good advice (and DONT WORRY unlike most responses you might get here we wont be trying to win your business since we are an exclusive buyer brokerage :) )
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0 votes 15 answers Share Flag
Thu Aug 28, 2008
Dana Schuster answered:
First,you need to determine what& how much marketing your agent is doing. Are you up on all available websites. The internet is where it's at now. People are not really responding to TV& newspaper ads--at least in my area. You might try some kind of gimmick--an open house w. door prize,maybe. I had a lot of traffic on one of my listings (20+ people in a few hours),by tying in with our local Parade of Homes. I held a joint open house w. another agent who had a listing in the same neighborhood. There were some POH homes in the subdivision,so people were coming thru. We had a drawing for a door prize($50 gas card) and the stipulation was that people had to sign in at both homes to be eligible. ... more
0 votes 6 answers Share Flag
Fri Jul 25, 2008
Brandy Speno answered:
Normally a Town appraiser does thier assessments at 90 or 95% of fair market value. (check with your town office to determine what %was used) You always want your tax assessment to be lower then what its full market value is. Otherwise you would be paying more taxes then nessecary. ... more
0 votes 7 answers Share Flag
Fri Mar 25, 2011
Rob Goodwin, Broker/Owner,ABR,CRS,e-PRO,GRI,SRES answered:
Good morning Sarah:

If you were a frequent Trulia user, you would be aware of the many, many pitfalls of selling a home without representation.

Please find yourself a great Realtor to work with you.

Happy Fourth!!
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0 votes 34 answers Share Flag
Fri Feb 28, 2014
Daniel Jeung answered:
I think it depends on what you plan to do in the next several years. Are you planning to purchase another home somewhere else? If so, and you need the proceeds, then now might be the best time for you to sell. If you have no need for the net proceeds from your current home, and you like the idea of rental income (or being a landlord), then renting the home may be better for you. Only you can answer which scenario is best for you.

One thought (not meant to sway your decision in any way): Real estate is illiquid (not easily sold like stocks). If you wait for two years (and you have a deadline in which you need to sell (1031 exchange as an example), you may have problems down the road selling in the timeframe necessary. Given that you have a ready, willing, and able buyer now, you may wish to think long and hard before making a decision.

Nobody can predict what will happen in the market, but if I had to wager a guess, I'd say the market may remain flat (as a generality, since I don't work inyour specific market). Best recommendation would come from someone in your specific market area. Just my $0.02

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0 votes 8 answers Share Flag
Thu May 8, 2008
Torquil Creevy answered:
Absolutely! Your agent knows the status of both contracts and can coordinate accordingly. It's not a conflict of interest, as some people seem to think. Your agent has a duty to put your best interests at heart in both buying and selling. The answer based, of course, on the assumption that you trust your realtor!! And yes it's a great motivator! Best of luck getting your dream home!! ... more
0 votes 4 answers Share Flag
Wed May 7, 2008
Michael Giles answered:
Hi Dm,

I'm not sure about the fines or fees. When it comes time to list the condo your Realtor will have to declare the Sq.Ft. source. You can use the public records as a source, your realtor can measure it out and declare it as measured or he can take your word for it and declare the source as the owner. ... more
0 votes 8 answers Share Flag
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