Selling a House: A How-To Guide for Post-Bubble Times

Carol Kopp  Jun 17, 2009 11:00 am

Selling a House: A How-To Guide for Post-Bubble Times
 
Three steps to sold.
 

 

Step 3: Get Out of the Way

Our real estate agent was an upbeat person, but she didn’t mince words. This wasn't a good time to sell. The kitchen floor was obviously old and worn underneath its shiny scrubbed surface. Two other houses in our little development were up for sale, and one was a coveted corner unit. We accepted her asking price without argument.

On the other hand, she liked our house-sprucing so much, she led her entire agency’s troops through it, and then scheduled an open house for the following weekend. On the big day, we turned up the air conditioning and fled the scene.



By the end of the week, we had a full-price offer from a woman who had visited late in the week. It was the perfect place for her and her teenage daughter, and the home office I set up in the third bedroom met her needs, too.

Before the closing, we agreed to “give back” several thousand dollars at closing to cover expenses for repairing problems identified during the home inspection.

Last I heard, those 2 other houses on the street are still up for sale.

26 of 28 (93%) found this helpful
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Comments (8) See All Comments »
06-17-2009, 4:23 pm
Absolutely, In fact, you might as well sort through all the clothing at once and haul it off to a charity thrift shop. The chance of finding buyers on your sale day for any particular size and style is dim, while a thrift shop can get the stuff into
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06-17-2009, 7:40 pm
This piece is such a refreshing change from "We invested $10K for (dubious) upgrades and now it's worth X amount. We're waiting (and waiting and waiting) for the market to come back so we can sell."

I'm gla
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06-17-2009, 10:46 pm
This was a well-organized project. I'd speculate that many families cannot work together, in such circumstances, with result that pleasant outcomes become impossible to achieve. I understand what was involved, physically, with what you went
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06-18-2009, 6:31 pm
We just received a contract on our mother's Pennsylvania condo after nearly 9 months on the markets. The Pa 4.5% estate tax would have been more onerous, had our mother not been living in assisted living and NH for several years before her dea
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06-18-2009, 6:50 pm
Just fyi: The link to Bank Rate Monitor in the story (http://www.bankrate.com/brm/itax/state/state_tax_home.asp), gets you to a page from which you select a state. For each state, income tax info is displayed but there are tabs for the state's
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