[5-DayForum] 2nd 5 day sale in Charlotte

[Bill Effros]

Glynn,

Thanks for asking.  It's fine with me if people wish to discuss or post 
their homes for sale.  Most sellers are also buyers.  Properly run 5-Day 
Sales are the fairest way to both buy and sell a home.  The more 
informed people on this list are about actual conditions and results all 
over the country, the better.

Make the subject line clear so other people can just press the delete 
key if the content is not what they want to see.

Always sign a name (it can be a nickname if you don't want to post your 
real name--just something so that others can follow long threads).

Bill Effros





Glynn Pennington wrote:
> *Bill or moderator,*
> *Checking with you before I post a response to the request for 
> property locations before a 5 day sale.*
> *You may want to keep this board focused on 5 day sales and not have 
> it become another*
> *place to advertise properties that will be put up for sale. Then 
> again that type of activity*
> *might be a plus for the group. *
> ** 
> *I will abide by your decision either way. This is a good forum and I 
> appreciate the time*
> *you spend.*
> ** 
> *Looking forward to our first 5 day sale, probably weekend of Dec 1 & 
> 2nd.*
> ** 
> *Glynn*
>
>     ----- Original Message -----
>     *From:* 4 Real Estate <mailto:gregory4 at comporium.net>
>     *To:* How To Sell Your Home in 5-Days
>     <mailto:5-dayforum at mailman.howtosellyourhomein5days.com>
>     *Sent:* Monday, November 12, 2007 7:09 AM
>     *Subject:* Re: [5-DayForum] 2nd 5 day sale in Charlotte
>
>     Glynn
>      
>     Please let me know where they are because I have buyers looking
>     for that price range.
>      
>     Thanks
>     Tami Gregory
>
>         ----- Original Message -----
>         *From:* Glynn Pennington <mailto:glynpen at dead-on.com>
>         *To:* How To Sell Your Home in 5-Days
>         <mailto:5-dayforum at mailman.howtosellyourhomein5days.com>
>         *Sent:* Monday, November 12, 2007 9:58 AM
>         *Subject:* Re: [5-DayForum] 2nd 5 day sale in Charlotte
>
>         *Rosemarie,*
>         *Thanks for posting. My wife Franci and I plan to do 5 day
>         sales in Charlotte soon. You mention you attended 2 sales in
>         Charlotte last *
>         *weekend. What happened at the second one?*
>         ** 
>         *We will be selling lower priced houses, $90,000 to $150,000
>         that we have rehabbed. Any feedback or suggestions welcome.*
>         ** 
>         *Glynn*
>
>             ----- Original Message -----
>             *From:* Rosemarie and Fred Belcher
>             <mailto:rosemarie-fred at mindspring.com>
>             *To:* How To Sell Your Home in 5-Days
>             <mailto:5-dayforum at mailman.howtosellyourhomein5days.com>
>             *Sent:* Monday, November 12, 2007 6:45 AM
>             *Subject:* [5-DayForum] 2nd 5 day sale in Charlotte
>
>                 Last weekend there were two 5 day sales in Charlotte.
>             I went to both, to offer support! Someone I know from the
>             real estate investors' club ran a sale on a house that was
>             appraised recently at $340,000. The house is in a
>             desirable part of Charlotte. He advertised at $149,900. He
>             had insufficient calls on one weekend, so he ran it again.
>             He had 60 calls. The bidding stopped at $205,000.  Since
>             the mortgage is $270,000 he could not afford to sell to
>             the highest bidder, even though that was the intent.
>                 I know you will say the market is bad, but Charlotte
>             is one of the few places in the country where the market
>             has not dropped lately - we are still growing here. Things
>             are not moving quickly (that's why he ran a 5-day sale)
>             but prices have not dropped the way they have in other
>             places.
>                 I have been encouraging this friend to do this and now
>             I feel really bad that I have no good advice left - only
>             sympathy!
>                 Is there a big difference in results if the house is
>             empty, or if it's an investor-owned property instead of
>             the homeowner selling?
>                 He is too busy to write to the forum, but I will pass
>             along any advice anyone can give.
>                 Thanks
>                 Rosemarie
>
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