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Journal KoriaDesevis's Journal: Realtor 10

Journal by KoriaDesevis

This afternoon I had an appointment with a realtor, who came to my house and did a quick appraisal. She was very pleased with what she saw, and I was very pleased with what she thought I could ask for my house - the value has more than doubled since I bought it. This affords me even more time to figure out in which direction I am headed.

This discussion was created by KoriaDesevis (781774) for no Foes, but now has been archived. No new comments can be posted.

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  • Dont' count your chickens yadda yadda.

    1) Look online for housing prices near you. Does your house look like those houses? That's how much its worth.

    2) The realtor is not really your friend. Remember that.

    3) Selling your house is hard find a good lawyer.

    4) Some speculate the housing market will crash soon. What they mean is not skyrocket like it has for a while. People are "hinkey" about houses.

    5) School just started. Between now and Xmas will be slow. Between Xmas and June... really slow!

    6) See nu

    • I know full well that the realtor is out to make profit for herself. This is not an issue. I also know that things are slowing down, and that's fine as I am not in a huge hurry. This was mostly to get some frame of reference to see what I need to do before I can sell this place. I have looked around to see how comparable houses are doing in this area, and the realtor seems to be in line with what I have found. What surprised me is that she did not find anything really striking that required right-now-this-i

      • Don't be like that!

        I never said you were Clueless.

        But it is important to note that the realtor needs the house on the market NOW.

        And you didn't exactly write out what you had done prior so I thought I might impart my experiences/knowledge to you.

        Silly.
    • The Realtor isn't your friend, however her commision is based on the sale price, so she will try to get as much for your house as she can.
      • If your realtor can take 80% of the commission, but dump the house in two days, that might look more attractive to him/her than getting you 100% of the house's value (and thus full commission) but having to take a whole month of showings, back and forth negotiation and such. Time is money, and turning two deals super quick makes the realtor more than full price on one long term deal.

        Well, lets just say that when I sold my house May before last, it sure seems like my wife and I ought to have gotten more val

  • As someone who was looking at moving to DC last year, I know that market is hot. Don't be surprised to get multiple offers. I lost twice, and then changed my mind about DC.
  • that when you decide to by a house again house values wherever you decide to buy will likely be higher than they were whenever the last time you bought was too.. now you could say decide to just rent, but eventually your money has gone for naught but to make someone else money. course you could bank on the housing market to collapse, which with dubba in charge for 3 more years is almost sure to happen... but only some markets will crash. many housing markets are 'immune' to normal market forces and the val
    • Well I think she is moving to a much less expensive housing market than the DC area so the erosion of purchasing power is probably going to be less.

      When you move from a market where the average house is $300k to a market where it is $75k you don't worry so much about what is going to happen to the housing market or eroding your nest egg on rent.

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