How To Sell This House?

jameel99 profile photo

I have a house that I had listed in the MLS for about four month now (I am the owner/broker). I already lowered the price 25K it was 274K, 30 days later 259K and now 249K. I just hope other brokers aren’t waiting for me to keep going down because I dropped the price pretty quick. So I was wondering if there are any creative ideas to move this house, I can probably go lower little bit, but does not guarantee an increase in percentage of lookers, I had more lookers at 274 than 249 I say. Auction I don’t thing will bring much, people go to auctions for a steal, and this house is renovated and ready

Comments(5)

  • jameel996th June, 2007

    thanks Johnlocke,
    so who do you use for auctioning the properties in NC.
    Thanks

  • JohnLocke6th June, 2007

    jameel99,

    Thank you for asking, guess I anticipated your question.

    John $Cash$ Locke
    [addsig]

  • JohnLocke6th June, 2007

    dstizz,

    Glad to meet you.

    I would suggest you start at this site:

    www.auctioneers.org

    This is an association of Professional Auctioneers and you will be able to find an Auctioneer in your state who will be equipped to answer questions that you have in a specified local area such as NJ.

    Please do not forget to mention that you received this information on The Creative Investor, as having more Auctioneers possibly join in this discussion board will be of benefit to all.

    John $Cash$ Locke
    [addsig]

  • dstizz9th June, 2007

    Thanks for the info Johnlocke!!! I will be sure to mention where I found them!

  • cycledog7th June, 2007

    Why did your client pay the owner $20k?

    Does the house need rehab work?
    How many months behind is the first and second mortgage?
    What is the hardship of the owner?
    Is your client paying rent and the owner is not paying the mortgage?
    Where you able to help your customer with her credit score? And what is the Score?
    All these questions and more need to be answered.
    Before you do anything

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