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If you price it right,it will sell

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Real Estate Agent with Samson Properties SP98364271

Craigslist as we all know is a website where you can find just about anything to buy since every day somebody is trying to sell something on the website that you or somebody else might be interested in buying.

So this past friday I put an ad on Craigslist. Within like thirty minutes,people were calling me-Unbelievable. Yesterday I had like 12 calls and two e-mails off of my ad alone. (I even got a call after I had just sold the car) I was so swamped with calls that I didn't start returning calls until the end of the day. So I finally returned one of the guys call and he told me that he is very interested in my car. He sounded a little irritated. I guess so since I didn't call him back like I said I was. But I found out today that it was because he had some bad experiences with some sellers who lied in their ads. (Tell the truth and the truth shall set you free)

But to cut a long story short,the guy told me that he will come tomorrow morning at 9am. I met the guy around 8:55am -so he was definitely came before time which showed how serious he was. After he test drive the car,he gave me offer and I decided that I will sell the car to him at that price.

I guess one of the reasons why I got a lot of calls on my car was because I was selling the car for probably way less under market value than what anyone else would've probably sold their car for. And the buyer was a mechanic who is into Toyota Camry cars so I was a lucky too. Hopefully since I was able to sell him my car for under market value,he can refer my services to other people he knows who are talking about buying or selling a house.

This is a another reason why you should always price your listing at market value or below market value if you want it to sell quickly. Because when you price it right,it will sell.

Looking for a Washington DC Real Estate Professional that will help you buy or sell your next house or want a "Free Real Estate Market Report" in your area of choice? Check out my website Houses for sale in Washington,DC. I can also be reached at Lanre Folayan "Buy home Washington DC" (EXIT PREMIER REALTY ... or Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day.  "Buy home Washington DC"

Show All Comments
Brent Johnson
Chase International South Tahoe Realty - South Lake Tahoe, CA

Craigs list is a great tool for houses also. I have had some luck with putting some if my listings in the real estate section!

Feb 08, 2009 01:27 AM
Lynn Grimes
Keller Williams Realty - Garland, TX
ABR,SRES,GRI,IRES

Glad to know that Craig's List worked so well for you!  I haven't really done anything with Craig's list and I hear pros and cons. 

I do agree that pricing is important!  Who wants their listings sitting overpriced for months.  I showed a home on Friday to a prospective homebuyer, I was amazed to find out that the home I showed them was just reduced and had been sitting on the market for 554 days!

Feb 08, 2009 01:29 AM
Richard Shuman
The Only B.S. I Have is from the University of Massachusetts - Lake Mary, FL
Real Estate Broker - Orlando Area - Love Referrals

all advertising helps! use all the tools available - especially the FREE ONES

Feb 08, 2009 01:44 AM
Zane Coffin
Century-21 Homestar - Geneva, OH
(Geneva Ohio Real Estate Agent)

Lanre, glad it worked out for you...I have listed rentals on Craig's list with the same success.....peace zane

Feb 08, 2009 02:18 AM
Sheldon Neal
Bergen County, NJ - RE/MAX Real Estate Limited - Maywood, NJ
That British Agent Bergen County NJ

Hello Lanre my friend !!

I absolutely love this post !

It's straight to the point, but is a great analogy to relate to our real estate market.

I ALWAYS try to get my sellers to - in this market - be a half step under the market value, and inevitably it generates interest out of the gates.

Great post !

Cheers !

Sheldon

Feb 08, 2009 03:07 AM
Ilyce Glink
Think Glink Media - Chicago, IL
Best-selling author, award-winning TV/radio host.

Lanre- Great post. Craigslist is a pretty amazing phenomenon and I your story is a good one to illustrate the power of good pricing. Nice job!

Feb 08, 2009 03:13 AM
Dan and Amy Schuman
Howard Hanna Real Estate Services - Solon, OH
Luxury Home Specialists

Hi Lanre, Craigslist has really grown over the past year or so. Initially, agents didn't view Craigslist as a good place to put listings but it really does give you some good exposure and people are catching on. Price is key too.

Feb 08, 2009 04:30 AM
Betina Foreman
WJK Realty - Austin, TX
Realtor, C.N.E., with WJK REALTY

Great post. I would buy another Camry as my first one ran 200K miles like a champ before I sold it! Also the good will/karma from a fair price is a good thing. I bet he will send you referrals too! Good luck!

Feb 08, 2009 05:57 AM
Debbie Malone
Londeree's Real Estate & Property Management - Lynchburg, VA
From Lynchburg To The Lake (434) 546-0369

Lanre, I love craigslist. I've sold items, bought furniture and I always place my listings there. I get several calls on them. Great  that you sold your car so quickly!

Feb 08, 2009 03:58 PM
Kelly Klein
Berkshire Hathaway HomeServices | Pen Fed Realty - Santa Rosa Beach, FL
"Doing Great Things Today to Improve Tomorrow"

Yes, it works, but do not do any BLIND ADs.  Make sure your Broker's Name is still in all Craig's List Ads and that people know you are a Realtor !  FAR is cracking down on those not playing by the rules and check Craig's List frequently.  Just want to make sure that your ad follows advertising guidelines so you don't get fined.

Feb 09, 2009 12:18 AM
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC

Lanre,
Good for you, I've never had any luck with Craig's list....maybe it's the difference in location???

Feb 09, 2009 01:00 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Lanre! Congrats on selling your car!! And you priced it well -very good idea:-)! I have had pretty good luck with listings on craigs....my last buyer came from craigs, and called only 4 hours after I had posted the ad- so I thought that was pretty neat! Great post and again Congratulations!!

Feb 10, 2009 04:09 PM
Lynn911.com ~ Dallas Real Estate Agent Top Team
Dallas Houses for Rent Dallas Apartment Rentals Lynn911.com - Dallas, TX

GREAT BLOG, in some instances it does not matter it can be prefect for $ing, showing, can still sit there

Have a great weekend.

Feb 12, 2009 03:18 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

A properly home priced slightly under market value has a fantastic chance of selling quickly. Most people will recognize a good value.

Feb 13, 2009 08:14 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I agree . Pricing it right is important. I had a listing once where the newspaper made a mistake and omitted the last 0 from the price. Can you believe home many calls I received .They had 30,000 instead of 300,000.

 

Feb 13, 2009 09:02 PM
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Lanre-"THE REAL ESTATE FARMER" Folayan

I don't make promises.I deliver results.SOLD HOMES
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