[5-DayForum] South Florida and Craigslist.org

[Ying Cooke]

$114,500 starting price, $220k-230k estimated value.
--- mike38ct at aol.com wrote:

> What was your starting price in relation to your
> estimated value?  Did you follow the formula in the
> book?
>  
> If you didn't, that is most likely the resaon you
> failed.
>  
> Even if you did follow the book on pricing, you
> might be highly overvaluing your estimate of what
> the house is worth.
>  
> Follow the book!
>  
> And...you can't fool the market (even if we would
> like to).
>  
> Michael Feldstein
> 5-Day Consultant
>  
>  
>  
> -----Original Message-----
> From: Nokitty1 at aol.com
> To: 5-dayforum at mailman.howtosellyourhomein5days.com
> Sent: Tue, 1 May 2007 10:59 AM
> Subject: Re: [5-DayForum] South Florida and
> Craigslist.org
> 
> 
> Steve,
>  
> The sale didn't go well. I have a business partner
> who INSISTED we continue with the sale even tho we
> only had 17 responses by Friday night. There were 7
> people who showed up. I'm thinking a few things: 1)
> not enough signs in the neighorhood- the ones we put
> up were taken down w/in hours; 2) starting price was
> too high.
>  
> I was working with a realtor before I learned of
> this method. He was willing to work with me on it,
> providing someone to be at the property for a few
> hours and attend to the after-sale paperwork. He's
> still willing to work with me. I'm going to try to
> sell it his way during May, and try another 5-Day
> the first weekend in June.
>  
> Thanks for asking,
> Noah
> 
> 
> 
> 
> 
> 
> See what's free at AOL.com. 
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