katfratMember@katfratJoin Date: 2005Post Count: 18
Hi everyone our house has been on the market for 5 weeks with one agent for 40 days and then a continuing period of 30 days about to start. In this time we have had 4 people through with no offer’s. I am considering putting another agent on with who ever sells it gets commission. (we have already drop price $20k) Market maybe telling me its still over priced.I am getting worried as we have purchased a house in WA and move at end of December need to sell this house to free up our cash to start investing in WA. Any opinions on selling this house would be greatly appreciated as we are new to investing. If not sold before leaving plan B is to take of market and put tenants in it, but this does not free up our cash.wilandelMember@wilandelJoin Date: 2003Post Count: 761
We live in Kooweerup (for 4 more weeks) not far from Officer…
All the windows of the RE Agents in Pakenham seem to be REDUCED – MAKE AN OFFER type ads…
This tells me that you are probably doing well to have got 4 inspections in 5 weeks.
Take a long hard look at the price and work out if you are kidding yourself at the price that it is listed at.
“DO YOU WANT IT”, OR “DO YOU WANT IT”???? How much do you want to sell?
If your goal is to sell, cash up and move on, then bite the bullet and price the house accordingly. It sounds like renting the house out is not an option that fits in with your goals.
Consider the lost opportunities of NOT investing in WA…. Just my 2c worth [blush2]
DelMTRParticipant@marisaJoin Date: 2004Post Count: 663
Del, you are right about lost opportunities in WA.
I think Perth’s median price is now $300,000 and I dont believe there are any signs of slowing down yet.AUSPROPParticipant@auspropJoin Date: 2003Post Count: 953katfratMember@katfratJoin Date: 2005Post Count: 18
Your right we are missing out on deals in Perth while we are fussing over a price here. My comon sense tells me we have not met the market yet. I have already rung agent and droped the price.[biggrin]( I sent you a email as at the time i couldnt work out how to post another message!!)wilandelMember@wilandelJoin Date: 2003Post Count: 761
I have just sent you back an email…
Isn’t it funny how sometimes things are so obvious to others, but it’s as if you have got blinkers on yourself and can’t see it.[blush2][biggrin]
Glad I could be of some assistance…
I’m sure the house will sell soon. Officer is a great town.