[5-DayForum] We had the people but not 3 real buyers only 1-what to do ?

Mary Dykes marjrd22 at yahoo.com
Mon Nov 5 10:22:48 EST 2007


Bill,
   We had ads in major medai both print and internet. 
  Signs out front and down street to give direction to our house..
  Our ad was at the magic number of $99,500
  Our response was at least 25 people
  Our Saturday was slow 6-7 people came to the house and 3 signed the bid sheet.
  Sunday was quite busy w/15-17 people and 11 signed our bid sheet.
  The round robin started fine. 
  and had bids on the intial bidding sheet for $155,000 . 
  It went fine the first round but when the second
  round hit $160,000 people started droping out .
   It seemed out of all our bidders one stood out as a serious buyer.
  They came at 4.55p on Sunday and were the ones to put in $155,000.
  It was getting late and voice mail was put on for several in the 3rd round.
    Our serious buyers last bid was $160,000. And one other possible bidder 
  but feared she couldn't go beyond the $160,000..
    By not having 3 serious bidders it's hard to determine what the fair market value
  truely is - what do you recommend
    A house sold this past month for $190,000 not as nice design and no pool
  Help Bill please,
  Scott and Lisa

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