Special offer

I don't have , I don't want to, and I'm not gonna

By
Real Estate Agent with Eagles Wings Realty

Here we go. Off to a listing appointment, the seller calls to ask us to give a Current Market Analysis and the first thing he asks is "are you taking new listings because no one wants to list my House". Big red flag goes up. My answer is "of course we are taking listings". Now my wheels are spinning wondering what kind of appointment are we headed into?

After doing some research I can see that they may have paid more than the house will appraise for in this market. The comps will not support what they paid for the house, the wife is due to have a baby any minute and I pray our meeting does not induce labor. My hope is that here at the end of the year we will be able to help this client and give them the information they need to move on. I'm hoping that they have done some major remodeling and updating.

The question is this, Do you want to sell your house, or do you just want it on the market?

Hence the title of this blog, I want to be very wise about taking listings that have a chance to sell, not just spending money on marketing "Mission Impossible Houses".

Hows that for the name of a Real Estate Co.

This year is going out with a bang , I hope its not a shot at the Realtor. On the positive side we have our last closing of the year tomorrow, cash deal 10 day closing, the way to end a really interesting 2009.

We are looking for a real upswing in the coming months, we had our first positive gain in sales for 30+ months in November.

Here's to everyone who toughed it out. Have a great 2010.

Posted by

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Eagles Wings Realty, Montrose, Colorado

In the Heart of the San Juan Mtns. in Southwest Colorado

www.Montrose-colorado-realestate.com 970-901-0434

Home of the Black Canyon National Park, The San Juan Mountains, unlimited recrecational  opportunitys, Mtn. Biking, Hiking, Golf, Fishing, Camping, White Water sports, Hunting

 "too many things to do, not enough time"

The information contained in Nick's blog is deemed reliable but is not guaranteed, and the opinions and views expressed in these articles are solely those of the author.

_________________________________________

For information on Distressed properties contact us at Nick@ZappaTeam.com

 I appreciate hearing from you!

www.montroserealestate.org

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 www.montrosecoloradoproperty.com

 www.montrosecoloradorealestate.net

www.southwestcoloradorealestate.net

 www.montrosegolfproperty.com

 

 

 

 

 

 

Team Honeycutt
Allen Tate - Concord, NC

Congratulations on  your year past and hopes that the future is better for us all.

Dec 29, 2009 03:27 AM
Joan Zappa
Eagles Wings Realty - Montrose, CO
Professional treatment of our clients, brings awes

Thank you - and the best to your team as well.

Dec 29, 2009 03:30 AM
Sandy Wagner
RE/MAX Professionals 253.225.8322 - Gig Harbor, WA
Short Sale Specialist Tacoma, WA, and Gig Harbor,

Yes....hooray to all who toughed it out and learned to say no to listings that just do not make sense. I have found that after the disappointment people feel when they learn they just cannot sell their home, they appreciate the honesty and the truth.

Dec 29, 2009 03:36 AM
Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

It was an interesting 20098 that's for sure. good luck for 2010 and you are right. "Mission impossible houses" are just no fun. I sometimes suggest to try a FSBO

Dec 29, 2009 03:40 AM
Joan Zappa
Eagles Wings Realty - Montrose, CO
Professional treatment of our clients, brings awes

Sandy- it really is hard on everyone.

 

Anne- sometimes the seller needs to deal directly with the potential buyers to hear.

Dec 29, 2009 03:45 AM
Kate Wheeler
Country Homes and Land Murphy NC Realtor - Murphy, NC
CCIM - Murphy NC Real Estate for Sale

So Nick, did you list the house? 

Dec 29, 2009 04:01 AM
Leslie Prest
Leslie Prest, Prest Realty, Sales and Rentals in Payson, AZ - Payson, AZ
Owner, Assoc. Broker, Prest Realty, Payson,

We see those Mission Impossible homes, too. They want us to rent them our for more than the mortgage, even though their mortgage is a ridiculous amount. Sorry, no can do.

Dec 29, 2009 04:12 AM
Joan Zappa
Eagles Wings Realty - Montrose, CO
Professional treatment of our clients, brings awes

Kate we advised them to try to lease the home for 3-6 moths and revisit at that time.

Dec 29, 2009 06:05 AM
Joan Zappa
Eagles Wings Realty - Montrose, CO
Professional treatment of our clients, brings awes

Lesli, it is really hard out there in these cases.

Dec 29, 2009 06:06 AM
Alexander Harb
Knights Investing - Mesquite, TX
Dallas, Texas Real Estate Investing

Lots of owners are feeling the pinch... and the equity they are pouring into thier investments are being eaten away by the market conditions.....

They hafta ride this one out...... and get a budget they can live with and live ON......

Keep walking the way our Messiah Jesus walks...and may our Creators favor be with you as you do it.....

\O/

Dec 29, 2009 08:10 AM
Joan Zappa
Eagles Wings Realty - Montrose, CO
Professional treatment of our clients, brings awes

Alexander I really appreciate that.

Dec 29, 2009 08:29 AM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Nick,

Each listing appointment seems to have it's own surprises.  At least you were aware of this one's before you arrived.

 

Jan 02, 2010 10:46 AM
Joan Zappa
Eagles Wings Realty - Montrose, CO
Professional treatment of our clients, brings awes

they have been getting more interesting. Counciled them to lease for a short term.

Jan 02, 2010 03:22 PM