[5-DayForum] 5-day sale in Charlotte

[FKSYBARITE at cs.com]

I can say one thing from  listening to Bill , and someone tell me if I am 
wrong -- you broke the rules.  You weren't suposed to tell bidders that you would 
take the highest bid only if it's acceptable.  
2.  This sounds precisely like a house I have for sale.  I lowered my 
beautiful house from 250K (the theoretical value!!) to $229K on MLS.  Still NO 
response (That's the indicator).  So, let's say you lower the price to ??? $219K??? 
$209K??  By the time you equal your price listing through MLS, you will have 
to drop to $200K.  Which may, in fact, be the best price you can get through 
MLS with a realtor.  Probability, your house MAY fetch $200K-$220K on MLS. House 
values may still be dropping. It's a big risk to hold.  I think if you can 
get the Buyer up to 200K take it.  That's just my thought if you really want to 
sell.  I am in the same boat as you, and it is a real BUMMER.
Frank
In a message dated 11/13/2007 8:47:57 AM Pacific Standard Time, 
galkag at yahoo.com writes: 
> Hi Bill and everybody.
>   
>  I didn’t have time to update forum on Sunday. The final result is: the 
> highest bid $186,500 and I didn’t accept this bid. Before Round-Robin I told 
> bidders that I would take the highest bid only if it’s acceptable for me. 
> 
> I will try to briefly describe and analyze my experience with 5-day sale.
> 
> 
> 
> 
   
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