Home chat 1.0

[coogles]

sounds like a good idea.

I am always confused about 'feedback' on listings. I mean...did they not see the pictures? Its not the 90's when you had to literally look through MLS books and schedule showings based on 2-3 pics and a tiny description.

Makes me wonder what kind of shit my agent said to sellers when we were looking in 2020 and toured a hand full of homes but then again, market was red hot so they prob didnt even ask.

Also, personal experience here again, a house that is priced right moves quick. If its not moving and does not have serious issues...its not priced right. Sorry for the difficulties man

ALT: Join the slumlord class with herr griff and I

I suppose, though what little feedback we have received about the price has almost universally been that the price is either "good" or "excellent".

Our realtor wanted to list at $640, I wanted to list at $600 to begin with, my wife and realtor had me compromise on $625. We dropped pretty quickly to $600, got another wave of interest and still now no offers. We'll be dropping it again soon, I'm sure. I was certain we'd get at least $585 for this place but that seems like a pipe dream now, even though the one right behind us just closed for $650.

[J-Ho-Fo-Show69]

Instead of offering an allowance with acceptable offer, why not do what I call a reverse offer? I’ve done this on my listing that may struggle to sell.

You hav someone interested and they mention they don’t like “x”. Get a quote to make it what they want, then present them a full offer.

Knock off some of the price, give a credit for the “x” fix, and put together a full term offer on your states offer to purchase/contract. This puts the onus on them to say yes, or no, and sometimes it prompts a conversation and forces them to make a decision.

This has worked very well for me in the past. It makes the buyer decide and you show creativity in that offer by trying to solve their problem. If left to their own accord and/or their agent, you won’t get much creativity or work around.

I hate to suggest this as your agent probably knows your market and what’s best, but just giving you an idea of what has worked for me and my clients. I like to think outside the box to get things moving. It has really helped.

sounds like a good idea.

I am always confused about 'feedback' on listings. I mean...did they not see the pictures? Its not the 90's when you had to literally look through MLS books and schedule showings based on 2-3 pics and a tiny description.

Makes me wonder what kind of shit my agent said to sellers when we were looking in 2020 and toured a hand full of homes but then again, market was red hot so they prob didnt even ask.

Also, personal experience here again, a house that is priced right moves quick. If its not moving and does not have serious issues...its not priced right. Sorry for the difficulties man

ALT: Join the slumlord class with herr griff and I

Sometimes houses take longer to sell. I’ve got plenty of examples of listings that were on the market for months, but still sold above 99% sale price to list price ratio. Sometimes it’s about finding that one buyer.

Covid times, almost everything sold! It’s more complex now. Buyers are picker with rates, etc. which is why some people feel that the market is cooling, but it’s not. Some houses are sitting way longer than they would have in a sub 3% interest rate world.

[J-Ho-Fo-Show69]

Instead of offering an allowance with acceptable offer, why not do what I call a reverse offer? I’ve done this on my listing that may struggle to sell.

It's a great idea. No idea if the contractor who did the work on our last house is still around but I'm going to reach out to him today.

The truck is putting together an entire offer sheet. I don’t know about your states laws/contract, but put dates, terms, everything in there, and sign it! It forces that buyer to make a decision. Sometimes people need that nudge.

[Desertbreh]

Relocation from Louisville, supposedly they are deciding today.

The feedback we got is that they love the house except for the pantry (too small, on which we agree), and there's no double oven (which can be fixed). There are shelves at the bottom of the basement stairs that we use as a second pantry - not ideal, but perfectly serviceable. The easiest fix for the double oven would be a double range, though that admittedly makes them both smaller and isn't always the best option. The cabinets could be pretty easily reconfigured for a double oven and separate cooktop on the same wall where the range is now. We offered to give an allowance to do the work "for the right offer".

Also had another showing this morning, no feedback of any kind, though, which has become the norm.

Selling a house is the most stressful experience. I'm never moving again unless we miraculously become so that this one we're moving to is paid for and I can just pay cash for the next one too.

Is this broad Betty Crocker?

[Desertbreh]

Anyone fiind a double oven the equivalent of running water? Anyone? Buehler?

[Desertbreh]

Voila. Double Oven.

https://www.williams-sonoma.com/product ... gKXBvD_BwE

[J-Ho-Fo-Show69]

Anyone fiind a double oven the equivalent of running water? Anyone? Buehler?

I would rather have double dishwashers

[coogles]

We don't have the buyers' names so we can't actually sign the offer evidently, but our realtor wrote one up to send over. $590k purchase price, $2,500 allowance to put in a range with a double oven, and offering to leave the washer and dryer. was trying to insist we keep them since we just replaced them maybe 6 months ago, but because they are relocating I said we should leave them. So in total that's essentially $15k from asking. I guess we'll see what happens.

[coogles]

Voila. Double Oven.

https://www.williams-sonoma.com/product ... gKXBvD_BwE

Dis.

https://www.grandappliance.com/product/ ... 00e-150527

[golftdibrad1]

Anyone fiind a double oven the equivalent of running water? Anyone? Buehler?

I would rather have double dishwashers

now thats a big brain move. we had a double drawer dishwasher (nb: same volume but 2 units) at the house we built, i had a love hate relationshit with the thing.

[golftdibrad1]

Voila. Double Oven.

https://www.williams-sonoma.com/product ... gKXBvD_BwE

Dis.

https://www.grandappliance.com/product/ ... 00e-150527

holy shit kinda want

[Desertbreh]

Voila. Double Oven.

https://www.williams-sonoma.com/product ... gKXBvD_BwE

Dis.

https://www.grandappliance.com/product/ ... 00e-150527

Ok, that's pretty hot.

[Desertbreh]

Anyone fiind a double oven the equivalent of running water? Anyone? Buehler?

I would rather have double dishwashers

I hand wash a lot of glassware and we run the shit out of ours with just 2 1/4 of us.

[Desertbreh]

I would rather have double dishwashers

now thats a big brain move. we had a double drawer dishwasher (nb: same volume but 2 units) at the house we built, i had a love hate relationshit with the thing.

One of those Fisher-Paykel things? Go on......

[J-Ho-Fo-Show69]

We don't have the buyers' names so we can't actually sign the offer evidently, but our realtor wrote one up to send over. $590k purchase price, $2,500 allowance to put in a range with a double oven, and offering to leave the washer and dryer. was trying to insist we keep them since we just replaced them maybe 6 months ago, but because they are relocating I said we should leave them. So in total that's essentially $15k from asking. I guess we'll see what happens.

LFG

Wishing good thoughts my guy

[golftdibrad1]

now thats a big brain move. we had a double drawer dishwasher (nb: same volume but 2 units) at the house we built, i had a love hate relationshit with the thing.

One of those Fisher-Paykel things? Go on......

Yes.

Well, it broke at some point early on, easy fix from the repair guy, but inconvenient.

It was nice to be able to do partial loads. It was nice to have a 'dirty' and 'cleaning' drawer.

It was smaller than you think, esp. for pots & pans.

It was kinda loud, so prob not good for open floorplan (like we had) if you want to keep things rotated after meals, going back to the dirty drawer clean drawer thing.

I guess that's all pretty minor. It was overall fine.

Now, the fucking stove.....

[coogles]

LFG

Wishing good thoughts my guy

Guy's job is in Carmel and they decided to move there instead so his commute is shorter. On to the next.

[coogles]

Feedback from yesterday's showing, for example.

Is your client interested?
"No"
How do you feel about the price?
"Good"
Are you bringing an offer?
"No"
Additional Comments:
"Great house in good updated condition. They didn’t like being at the front of the neighborhood, as they have 3 very small children. They have a large budget, up to $800k and ended up writing an offer on a more expensive house. "

I dunno. I don't think dropping the price $10k or $15k is going to make a lick of difference. It's just a matter of the right buyer finding this place.

[J-Ho-Fo-Show69]

Feedback from yesterday's showing, for example.

Is your client interested?
"No"
How do you feel about the price?
"Good"
Are you bringing an offer?
"No"
Additional Comments:
"Great house in good updated condition. They didn’t like being at the front of the neighborhood, as they have 3 very small children. They have a large budget, up to $800k and ended up writing an offer on a more expensive house. "

I dunno. I don't think dropping the price $10k or $15k is going to make a lick of difference. It's just a matter of the right buyer finding this place.

Instead of dropping the price $10-15k, offer to pay for a rate buy down, either a temp one or permanent. Your agents lender they use probably can offer a credit as well for being the “preferred lender” on the buy side.

More than one way to skin a cat.