We are wanting to sell our property, our oneacrewoods, the two conjoined houses that we, my parents, my children, and numerous friends and family have lived in for the last 24 years. It’s seen some very good years of our lives and we have “feelings” for it. It is lovely, it is home, and it’s going on the market.
A is for Asking price (as distinct from “getting” price.)
I have just read that most homeowners ask too much for their house when they set out to sell. It’s out of love, of course. We don’t want to do that because we would LOVE a quick sale. We know that the prospective buye may or may not love our house and is certainly not interested in paying as much as possible to live in it. So, we have the matter of determining an asking price. It should be one that is reasonable for the market, taking into consideration the age of the house, the neighborhood and numerous other factors. And it should probably be one that we are willing to lower. I don’t like that selling a house is kind of like bargaining at a flea market.
We had a realtor look at our house. He wanted to help us find a good asking price. The place most realtors start is to look for what they call “comparables” – houses as much like yours as possible in the same area. Since most residential properties are not two full houses on one parcel of land, there really aren’t any comparables in our neighborhood. Our way of thinking is to take the price of one nearby sale and double it, right? I guess that’s not the way it works though. We had a hard time accepting the price this realtor suggested.
After waiting, downcast, for several months, we met another realtor who was a little more encouraging. We have what is becoming more common these days, a multi-generational property. I didn’t realize it, but more and more people are living with a couple generations together in the same house or an attached apartment of some kind. Our houses are much more than a mother-in-law room over the garage, and the acre of yard full of huge live oaks in the quiet, central part of a block is something everyone admires. Everyone who comes to our house wants to live here.
Our realtor is with Better Homes and Gardens Realty. I’m thinking that if BH&G thinks they can sell our house for what we’d like to sell it for, we’re going to let them try. I’ve seen their magazine and they seem to know a lot about houses, just sayin’ …
I am in the April A to Z Blogging Challenge. If you found this by clicking the link in the A list, then you know I made a mistake in my link. Here is the correct one to my site. So sorry! https://shirleyjdietz.com/2018/04/01/a-to-z-selling-our-house/