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Home selling blues...
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Home selling blues... - November 2, 2011, 12:12 AM

Rant on/

Prospective home buyers are about to get on my last nerve!

After my wife passed away earlier this year I decided to sell our house. Everytime I'm up there it bums me out from the memories of the dreams we had but didn't realize.

This being the first house I've ever sold I've been amused and bemused by all the goings on.

1) One fellow after looking at the house asked the agent if I wanted to sell a bycycle in the shed. I told the agent "Sure, tell'em, I'll throw it in for the price of the house." I mean seriously, I'm selling a house not having a friken yard sale.

2) Another person called the agent saying they knew me from years back and wanted to know if he could hunt on the property. I didn't even recognize the dudes name. I said "Sure, he can hunt up there all he wants, right after he buys the place."

3) One person made a verbal offer for half what I have it listed for. I lughed but countered with a verbal offer of my best no haggle bottom dollar cash on the barrel head price (which is considerably higher than their offer, but well below asking price). Told the agent my counter was good for 5 days or until my good mood ran out. The prospective buyer called the agent and accepted the offer and presented my agent with a contract this afternoon. Only one problem... they wrote in that my 14,000 dollar tractor in the garage would convey. WTF? Yeah, I'm gonna give them a 14,000 dollar tractor on top of a super decent deal. House is clearly listed as no personal property or appliances conveying.

So now I'm annoyed. Told my agent to cross out the tractor, return the contract and tell them they have until COB today (wed) to accept or go pound sand. I'm sort of hoping they walk, agent says she just got another verbal for $8000.00 more than what I told the buttheads I'd sell it to them for just before close of business. But hey, contracts talk and verbal offers walk, especially since I don't know what this new bidder will want from me besides my "Here it is, as is, take it or leave it, no I ain't spending money on it" listing.

I ain't pressed to sell but it's tough deal with the BS. At this point I just want it done. I'll let it sit vacent forever before I'll drop one red cent below my bottom dollar though. F'm, I just don't care. LOL
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November 2, 2011, 12:41 AM

Here is the problem. The market is so crazy right now that buyers with money think that the seller (any seller) has their house on the market due to some hardship or because they are in dire need of money. So they haggle with the seller like they are in a Turkish bazaar which is very annoying. Honestly being in the situation that you're in I'm sure you're just ready to tell them to F off. I don't blame you. I would too.

Just stay strong and wait it out. The right buyer will come along.


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November 2, 2011, 06:43 AM

For you it's an emotional situation. More so than most sellers.

For them it's about getting the best deal possible. Many people are just kicking the tires until they get the deal they can't pass up.

Take emotion out of the equation if you can. You already stated you know the bottom line. Stick to it.

And I'm very sorry to hear about your loss.

Steve


I want my baby back, baby back, baby back....Chileeeeee's bay back...
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November 2, 2011, 06:51 AM

So long as your bottom line is realistic with the homes actual market value then stick to your guns. And lemme tell you that the bigger problem isn't the buyers...it's the damn realtors. They are about as stupid now as they were during the housing bubble. I see homes that are Raising their asking price after being on the market for 3 months and were already overpriced! WTF?!

We tried to make an offer to the owner of the house we're renting but Ge decided to get realtors who advised him the property was worth $30k more than its actual value. Well now in 4-5 months the property value has gone down to even below what we offered. The realtors ruined the sale.

If you want to simplify the sale you could always choose to pay for a home appraisal and set your bottom line at $4-$7k below that since it is a buyer's market, then offer a copy of the appraisal with any counter-offers you make.

At least you're getting offers brother, that's a good start.
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November 2, 2011, 08:08 AM

The property is priced with the current market in mind. Had it apprasied for current market value and based my asking price on that instead of the laughably high tax apprasal. The right buyer will show. Might be this one, might not. I have the luxury of time. But it's amazed me what some of the lookers ask for. Many of the questions have been completely unrelated to buying the property.
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November 2, 2011, 09:25 AM

I'm telling you... It's the dumb ass realtors that support the buyer's ridiculous ideas. When I worked in real estate I was not shy about telling a buyer that the offer they wanted to make was retarded or nothing short of an insult to the seller. FYI... if you do end up working with one of these idiot realtors/buyers make sure your realtor is all over the buyers doing their side of the contract on time (financing/inspections/etc...) Good Luck
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