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July 08, 2005
Selling is work
My apartment has officially been on the market for two weeks now and I have learned one lesson so far -- selling a home takes serious effort!
Our apartment is only listed in combination with our neighbor's place, which means there is limited interest. Even so, showing it two evenings a week so far has meant coordinating with our broker, extra cleaning and organizing, and -- worst of all --inconveniencing my two children and babysitter who must vacate the premises. That's not even including all the cleaning and organizing we did before getting the place ready to show.
All this effort and we are working with a full service broker who is handling 95% of the work. It makes me wonder how people who sell without the help of a realtor manage.
Amey's adventures in real estate
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Are you trying to sell at the top of the market?
Posted by: Wes at July 11, 2005 03:55 PM
just sold my condo for 100% gain in 2 years - thank god! cashed out, and will rent for the forseeable future.
Posted by: keith at July 15, 2005 01:09 AM
Buying is work too! I thought you and your readers might enjoy this video on the mortgage application process.
Posted by: David Porter at July 17, 2005 01:26 PM
My wife and I bought single family homes in the Phoenix area ten years ago. We bought them at VA foreclosure auctions. You couldn't give houses away. After all the appreciation, we have decided to sell most of them. We tell ourselves "we have realized our investment objectives." If I had sold my stocks when I had "enough" gain, I would be much better off. We may be missing more upside, but we feel we have to hedge our bets by selling.
Posted by: Steve Jaber at July 29, 2005 10:47 PM
Yup...better to get out too soon than TOO LATE!
Posted by: Dr. Freeze at August 9, 2005 11:48 PM