This blog was created for all those out there who are thinking of selling their home FSBO or are already doing it. You are not alone! Read from the bottom up.

Monday, September 04, 2006

Have you had any offers?

After our condo has been on the market for one month, we had one offer. It came from our 'perfect' couple described previously and had one big problem. The couple wanted us to drop the price $35K. Hell no. But was this the case of a greedy buyer, a buyer who couldn't afford it, or a buyer who bargained hard knowing the market was on their side? Likely, they were looking for a huge price reduction because they thought they could get it due to market conditions. They were also looking outside their price range, hoping for a desperate seller. And finally, they believed that they deserved to live in our condo, even though it wasn't affordable.

I don't really blame them. A lot of condos in our area are crappy. I just hope that the next offer we receive will be much more reasonable and not start out with a question: "So what price range were you thinking about when you went to sell your condo?" The price range is $495K, which happens to be the listed price posted on all our brochuers, websites and the MLS. People please, if you want a price reduction, don't shop at Prada. Even though I believe that everyone totally deserves to wear it!

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