 Posted 3/18/2008 6:54:46 AM
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We took it off the market last year when school started. Now, we thought we'd try again with an agent. The house has been on the market for six weeks. We had one showing about three weeks ago that produced an offer, which we accepted. We thought we were the luckiest people alive. Well, it fell through a week later. And in the three weeks since, not one showing....not even a call. I know this market is very, very slow, but come on....no calls?!?! I am so discouraged. We want to move closer to our family, but it looks like the house won't sell this year unless a miracle happens. Ugh.
Marsha
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Posted 4/9/2008 9:32:13 AM
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Marsha,
I feel for you! I am in the same position. We put our house up FSBO in October 2006. After 7 months, a handful of showings, a new lawn, and 2 completely pointless open houses, we went with a realtor. The house spent 6 months on the MLS with even fewer showings than when it was FSBO. We finally pulled it in November 2007, after trying to sell for 13 months!
Now, after 5 months, we've decided to try again. FSBO, but through Iggyshouse.com, which gives us a free MLS listing. We'll see what comes of it. Meanwhile, I'll pray for you, and you do the same for me, OK?
Laura
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Posted 4/29/2008 7:07:55 AM
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Our home is listed on many FSBO sites. Owners.com is the only site that gets much action (1503 hits to date). End of May last year we put it on Owners.com. We had a lot of action - maybe 12 visitors in the first couple of months. No one made an offer. Along about September we listed with a Realtor. All the Realtors in town came over and for the first few weeks we had about 8 more showings. No offers until February - and that was a low-ball offer we couldn't accept. Now the home is FSBO again. We've had more viewings and direct inquiries and two ruminating offers in the works but nothing formally on paper. One was from a client of our old Realtor - which means we'll have to pay the commission if it actually materializes.
I have had more "action" when the house was priced higher than when I lowered it to "rock bottom".
We got the home re-appraised to current market levels. We looked at what other properties in our direct neighborhood were listed at and what other homes in the vague vicinity were listed at on owners.com - then priced ours less. Sometimes several 10's of 1000's less (and ours is newer). No offers, but lots of hits and about 10 flyers a week. We live in a rural community in a scenic part of the state with a few other smalll communities within a few miles. Reaching buyers is a little more difficult.
I have also mailed flyers, through the post and email, to Title Companies and Mortgage Companies which resulted in a few showings. I'm going to mail flyers now to large local businesses (such a school district, medical center and other personnel offices) to offer to new employees.
I have also listed on craigslist.org and referred the reader to my owners.com webpage. I repost every three or so days and initially get 50 hits in a couple of days. I try to tweak my Owners.com listing every week to freshen it up a bit. Sadly, though, still no firm offers. At the end of May, it'll be a year! But as my Realtor always said, "All it takes is one" - and that's who we're trying to meet.
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