[5-DayForum] 5-DayForum Digest, Vol 7, Issue 29
atinvestor at aol.com
atinvestor at aol.com
Wed Oct 17 19:18:03 EDT 2007
no more emails please
-----Original Message-----
From: 5-dayforum-request at mailman.howtosellyourhomein5days.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Sent: Wed, 17 Oct 2007 6:14 pm
Subject: 5-DayForum Digest, Vol 7, Issue 29
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Today's Topics:
1. Re: Round Robbin blues (Kyle Cascioli)
2. Re: Round Robbin blues (Kyle Cascioli)
3. Re: can we place ads on this forum? (Loveandmoney05 at aol.com)
4. 5 day sale in metro Denver (Jeff Monroe)
5. REMOVE FROM LIST!!!! (kathy miller)
6. Re: REMOVE FROM LIST!!!! (Scott Ames)
7. Re: 5 day sale in metro Denver (Loveandmoney05 at aol.com)
8. Re: 5-DayForum Digest, Vol 7, Issue 28 (atinvestor at aol.com)
Attached Message
From:
Kyle Cascioli <real.estate.professor at hotmail.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Round Robbin blues
Date:
Wed, 17 Oct 2007 16:41:05 -0500
>From the one I saw in Denver, it was exhusting!
A lot of hard work ...
Kyle
Date: Wed, 17 Oct 2007 09:15:24 -0700
From: sames at yahoo.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: [5-DayForum] Round Robbin blues
Anyone else get drained and tired and discouraged during the round robin?
I'm told there are two personality types. Those that get drained in interactions with people and those that get energized. I'm the former. To me the round robin was a chore.
If I do this again I need to find someone with the opposite personality that thrives on interaction and have them perform it for me.
Help yourself to FREE treats served up daily at the Messenger Café. Stop by today!
Attached Message
From:
Kyle Cascioli <real.estate.professor at hotmail.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Round Robbin blues
Date:
Wed, 17 Oct 2007 16:43:00 -0500
Bill ... I'd like a few pointers on that as well.
Even before this Sunday night if possible since we're doing another on in Denver.
Thanks, Kyle
Date: Wed, 17 Oct 2007 13:06:21 -0400
From: bill at effros.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: Re: [5-DayForum] Round Robbin blues
Scott,
Please bring this up again next week. I love the round robins, and I'll tell you why and how to keep them simple when I have more time.
Bill Effros
Scott Ames wrote:
Anyone else get drained and tired and discouraged during the round robin?
I'm told there are two personality types. Those that get drained in interactions with people and those that get energized. I'm the former. To me the round robin was a chore.
If I do this again I need to find someone with the opposite personality that thrives on interaction and have them perform it for me.
______________________________________________
-DayForum mailing list
-DayForum at mailman.howtosellyourhomein5days.com
ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
Climb to the top of the charts! Play Star Shuffle: the word scramble challenge with star power. Play Now!
Attached Message
From:
Loveandmoney05 at aol.com
To:
5-dayforum at mailman.howtosellyourhomein5days.com
Subject:
Re: [5-DayForum] can we place ads on this forum?
Date:
Wed, 17 Oct 2007 18:00:48 EDT
Hi. I live in Malvern, PA. I'm an investor and will likely use this method to sell some properties. I'd be happy to be part of your team during your weekend as I really want to learn.
Let me know when you plan on selling.
Danielle
See what's new at AOL.com and Make AOL Your Homepage.
Attached Message
From:
Jeff Monroe <jadmoster at gmail.com>
To:
5-dayforum at mailman.howtosellyourhomein5days.com
Subject:
[5-DayForum] 5 day sale in metro Denver
Date:
Wed, 17 Oct 2007 16:17:19 -0600
Well, we are underway with our first 5day sale. Its scary and exciting at the same time. Luckily, we have Kyle and his students helping us along the way. Our sale is Sat/Sun (10/20-21/07). We already have 12 contacts, so things are looking up. So far, all the Internet ads have produced 10 contacts. Newspaper 1 and ads posted in the local health clubs 1.
We have experienced many of the items talked about in the book like getting an offer the first day of ad and one party wanting to see the property before sale. I went to the book for the responses and also Kyle is a great resource.
We will keep you posted.
Jeff & Donna
Attached Message
From:
kathy miller <kathy_miller10 at yahoo.com>
To:
5-DayForum at mailman.howtosellyourhomein5days.com
Subject:
[5-DayForum] REMOVE FROM LIST!!!!
Date:
Wed, 17 Oct 2007 15:30:35 -0700 (PDT)
I have asked to be removed from your list, now what do I have to do????Please REMOVE, NOMORE E_MAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!IT'S TO MUCH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
__________________________________________________
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
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Attached Message
From:
Scott Ames <sames at yahoo.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] REMOVE FROM LIST!!!!
Date:
Wed, 17 Oct 2007 15:42:46 -0700 (PDT)
Sigh.
You do it yourself. There is no one adding or removing you. Just look at the bottom of each mail message and follow the link and the instructions.
kathy miller <kathy_miller10 at yahoo.com> wrote:
I have asked to be removed from your list, now what do I have to do????Please REMOVE, NOMORE E_MAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!IT'S TO MUCH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
__________________________________________________
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com _______________________________________________
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Attached Message
From:
Loveandmoney05 at aol.com
To:
5-dayforum at mailman.howtosellyourhomein5days.com
Subject:
Re: [5-DayForum] 5 day sale in metro Denver
Date:
Wed, 17 Oct 2007 18:44:36 EDT
Good luck! Thanks for sharing your experience with us.
See what's new at AOL.com and Make AOL Your Homepage.
Attached Message
From:
atinvestor at aol.com
To:
5-dayforum at mailman.howtosellyourhomein5days.com
Subject:
Re: [5-DayForum] 5-DayForum Digest, Vol 7, Issue 28
Date:
Wed, 17 Oct 2007 19:14:10 -0400
please takeme off your email list. I forgot my passwod to do it myself. tank you
-----Original Message-----
From: 5-dayforum-request at mailman.howtosellyourhomein5days.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Sent: Wed, 17 Oct 2007 4:35 pm
Subject: 5-DayForum Digest, Vol 7, Issue 28
Send 5-DayForum mailing list submissions to
5-dayforum at mailman.howtosellyourhomein5days.com
o subscribe or unsubscribe via the World Wide Web, visit
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r, via email, send a message with subject or body 'help' to
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ou can reach the person managing the list at
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hen replying, please edit your Subject line so it is more specific
han "Re: Contents of 5-DayForum digest..."
Today's Topics:
1. Round Robbin blues (Scott Ames)
2. Re: How To Unsubscribe (AEllis1968 at aol.com)
3. Re: Round Robbin blues (NorCalBuyerBroker.Com)
4. Re: Round Robbin blues (Bill Effros)
5. Re: I don't do business on Sundays! (Cristi Fitzgerald)
6. Up front costs (Cristi Fitzgerald)
7. Please Remove from your list (crsing917 at aol.com)
8. Re: I'm Back (anastasia rivera)
9. Re: Home WILL be sold to HIGHEST BIDDER??????????? (palatine1)
10. can we place ads on this forum? (Carmella Thompson)
11. Re: Up front costs (Scott Ames)
12. Re: Home WILL be sold to HIGHEST BIDDER???????????
(Rosemarie and Fred Belcher)
13. Re: can we place ads on this forum? (Scott Ames)
14. Re: Up front costs (Terry Wigfield)
15. (no subject) (Websitecc)
16. Please remove me from your List (Websitecc)
17. Re: Up front costs (Scott Ames)
18. Re: Home WILL be sold to HIGHEST BIDDER??????????? (Kyle Cascioli)
Attached Message
From:
Scott Ames <sames at yahoo.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
[5-DayForum] Round Robbin blues
Date:
Wed, 17 Oct 2007 09:15:24 -0700 (PDT)
Anyone else get drained and tired and discouraged during the round robin?
I'm told there are two personality types. Those that get drained in interactions with people and those that get energized. I'm the former. To me the round robin was a chore.
If I do this again I need to find someone with the opposite personality that thrives on interaction and have them perform it for me.
Attached Message
From:
AEllis1968 at aol.com
To:
5-dayforum at mailman.howtosellyourhomein5days.com
Subject:
Re: [5-DayForum] How To Unsubscribe
Date:
Wed, 17 Oct 2007 12:42:25 EDT
In a message dated 10/17/2007 6:23:27 A.M. US Mountain Standard Time, bill at effros.com writes:
Angelique,
Thanks for sending all of these. It was a great comfort to see them while I was away.
Bill Effros
Bill,
Glad I could help. :-)
Angelique
b.t.w. Welcome back. Your absence was felt and presence was missed.
See what's new at AOL.com and Make AOL Your Homepage.
Attached Message
From:
NorCalBuyerBroker.Com <Steve at NorcalBuyerBroker.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Round Robbin blues
Date:
Wed, 17 Oct 2007 10:02:10 -0700
Yes you need a team
“If you compare yourself with others, you may become vain and bitter; for always there will be greater and lesser persons than yourself. Enjoy your achievements as well as your plans.”
Max Ehrmann
Steven Castagnetta
916-801-1777 cell
----- Original Message -----
From: Scott Ames
To: How To Sell Your Home in 5-Days
Sent: Wednesday, October 17, 2007 9:15 AM
Subject: [5-DayForum] Round Robbin blues
Anyone else get drained and tired and discouraged during the round robin?
I'm told there are two personality types. Those that get drained in interactions with people and those that get energized. I'm the former. To me the round robin was a chore.
If I do this again I need to find someone with the opposite personality that thrives on interaction and have them perform it for me.
_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
Attached Message
From:
Bill Effros <bill at effros.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Round Robbin blues
Date:
Wed, 17 Oct 2007 13:06:21 -0400
Scott,
Please bring this up again next week. I love the round robins, and I'll tell you why and how to keep them simple when I have more time.
Bill Effros
Scott Ames wrote:
Anyone else get drained and tired and discouraged during the round robin?
I'm told there are two personality types. Those that get drained in interactions with people and those that get energized. I'm the former. To me the round robin was a chore.
If I do this again I need to find someone with the opposite personality that thrives on interaction and have them perform it for me.
______________________________________________
-DayForum mailing list
-DayForum at mailman.howtosellyourhomein5days.com
ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
Attached Message
From:
Cristi Fitzgerald <cristifitz at gmail.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] I don't do business on Sundays!
Date:
Wed, 17 Oct 2007 08:19:55 -0600
However, where I live in Utah (Utah County - very high percentage of the predominant religion), real estate open houses are always held on Saturdays, rarely will you ever find one on a Sunday, and Monday evenings are family night when many don't even answer their phones (our family included!) So working around that is important. With those parameters, would you still suggest Wed. - Mon., or Tues. - Sat. ?
On 10/17/07, Bill Effros <bill at effros.com> wrote:
Tuesday through Saturday doesn't work as well as skipping to Monday. It's been tried--Sunday is the best Newspaper Advertising day--some people only look on Sunday. Unless your beliefs prevent you from running advertising on Sunday, you will do far better Wednesday through Monday, skipping Sunday.
Bill Effros
Erin Booth wrote:
I don't have any suggestions for signs, but I am SO excited to see how your sale goes. I too want to do a Tues-Sat, rather than Wed-Sun. I've been worried that the delay to Mon might bring about bidders remorse, but then I figured if someone is going feel remorse, it will happen regardless of the timing. May the Lord bless you for keeping His day holy.
Cristi Fitzgerald <cristifitz at gmail.com> wrote:
For religious reasons, I do not do any business on Sundays, so we would open the house on Friday afternoon and all day Sat., and take the bids late Sat. afternoon. Any suggestions for getting signs made since the pre-printed ones are all for a Sunday auction?
-- _______________________________________________
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-DayForum mailing list
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--
Cristi Fitzgerald, MRET
Got STRESS?
www.rapideyetechnology.com
Attached Message
From:
Cristi Fitzgerald <cristifitz at gmail.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
[5-DayForum] Up front costs
Date:
Wed, 17 Oct 2007 08:43:47 -0600
We're in such a tight spot right now (which is why we're needing to sell our home), that we don't even have any extra funds for the up-front costs of an inspection or an expensive print ad. There is good internet advertising here through a local TV station's site, as well as Craigslist, and I think that would bring in enough people. But getting that inspection is a problem for us right now. Are you doomed to hold it without one? The home is newer and in great shape, but I know things can still show up on an inspection report. We've been offering a 1 yr. warranty in our advertising, which I know helps a lot of folks feel more secure. Is that enough to offer and skip the inspection?
--
Cristi Fitzgerald, MRET
Got STRESS?
www.rapideyetechnology.com
Attached Message
From:
crsing917 at aol.com
To:
5-dayforum at mailman.howtosellyourhomein5days.com
Subject:
[5-DayForum] Please Remove from your list
Date:
Wed, 17 Oct 2007 10:53:04 EDT
In a message dated 10/17/2007 7:50:59 A.M. Mountain Daylight Time, 5-dayforum-request at mailman.howtosellyourhomein5days.com writes:
[This e-mail contains a MIME (Multipurpose Internet Mail Extensions) file. The file was specially formatted to be sent over the Internet. For more information on opening the attached file, go to Keyword: MIME.]
See what's new at AOL.com and Make AOL Your Homepage.
Attached Message
From:
anastasia rivera <anastasia90815 at yahoo.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] I'm Back
Date:
Wed, 17 Oct 2007 08:36:28 -0700 (PDT)
Hello Bill,
I purchased your book a couple of weeks ago and it has gotten us very motivated to sell our home with confidence. I live in Murrieta, Ca we are having our sale this weekend any advice you can give to a Californian?
Thanks
Anastasia
Bill Effros <bill at effros.com> wrote:
Thanks, Scott,
Staying on the Internet proved more difficult than I had expected while I was in Italy. I was able to get on line only a few times, and I saw what was going on. I removed a few people from the Forum and blocked their ability to return. After that, it seems to have calmed down somewhat.
I never expected so many people to join the Forum and made no plans for vacations. The Forum continued to grow while I was away, and I will set up procedures to keep it better focused in the future.
Thanks for your help,
Bill Effros
Scott Ames wrote:
Hi Bill;
Welcome back from Italy. I hope you had a wonderful time.
As you read the emails I hope you don't get upset. While you were gone the forum took off in an unexpected direction. People were getting advise that goes against what you teach. We even had a nice little spat.
It's all calmed down now it seems. It makes me aware of how much a forum leader contributes to keeping things on track.
Bill Effros <bill at effros.com> wrote:
Thanks to all who kept the Forum alive and well while I was on vacation
in Italy.
I'm about 2000 emails behind, and have to catch up with everything,
including my "real life" such as it is.
I won't have to time to respond to most of the questions that came in
while I was away.
I will try to jump in on current 5-Day sales for this weekend if I can
find the time.
If you had questions for me that were not answered over the past 3
weeks, please repost them starting next week, and I'll then be able to
deal with them on a current basis.
Special thanks to the "old timers" for taking so much time to help others.
Bill Effros
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Attached Message
From:
palatine1 <palatine1 at cox.net>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Date:
Wed, 17 Oct 2007 09:51:59 -0700
Interesting that the bidders are under no obligation to honor their offers, but the seller is under an obligation to honor his.
----- Original Message -----
From: Bill Effros
To: How To Sell Your Home in 5-Days
Sent: Wednesday, October 17, 2007 8:56 AM
Subject: Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Yes. It rarely works. You can't find 25 potential land buyers in 3 days--nobody really knows how to value land.
Bill Effros
NorCalBuyerBroker.Com wrote:
Bill,
Has anyone used this technique to sell land?
“If you compare yourself with others, you may become vain and bitter; for always there will be greater and lesser persons than yourself. Enjoy your achievements as well as your plans.”
Max Ehrmann
Steven Castagnetta
916-801-1777 cell
----- Original Message -----
From: Bill Effros
To: How To Sell Your Home in 5-Days
Sent: Wednesday, October 17, 2007 6:23 AM
Subject: Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Eddy,
If a broker advertises a house for a specific amount of money and sells it for a different amount is that a lie?
I don't mean to pick on you, because this "false advertising" concept has come up many times before, but please, let's grow up!
I don't think anyone should offer their home using the 5-Day Method unless they are really prepared to sell it to the highest bidder on Sunday night. If the high bidder can't get a mortgage, you may not sell it on Sunday night--but that doesn't make your statement a "lie" and it doesn't make your advertising "false". If your bank won't take the best deal you can get, you are not going to sell to the highest bidder on Sunday night, but that doesn't make your ad "a lie" or "false" either.
Most sellers who cannot complete the sale on Sunday night successfully negotiate with buyers and mortgage holders to find a price all parties can live with, shortly thereafter. Please note, the ad states only that the home will be sold to the highest bidder, it does not say that the home will be sold to the highest bidder at the bid price.
This is weaseling, as far as I'm concerned, and I honestly believe that the high bid on Sunday night after a "by the book" 5-Day Sale is the highest bid you can get on the day you picked to sell your home, and you should always take it. I always do.
Bill Effros
Eddy Workinger wrote:
<!--[if mso 9]--> <!--[endif]-->
If you’re going to say I WILL sell my home to the HIGHEST BIDDER and then the bids that you get aren’t nearly high enough and you decide not to sell……is that not a lie?
Your Real Estate Consultant for Life
I am committed to delivering 'The Ultimate Real Estate Experience' to everyone I serve. So, don't keep me a secret.
Who do you know that needs my help buying or selling property?
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Attached Message
From:
Carmella Thompson <carmellarealestate at comcast.net>
To:
5-dayforum at mailman.howtosellyourhomein5days.com
Subject:
[5-DayForum] can we place ads on this forum?
Date:
Wed, 17 Oct 2007 14:20:24 -0400
Hi, can we place ads on here as well as the paper? Has anyone had any luck with an online website, if so, which one?
I’m in the Phila area and if anyone has had success in PA, please let me know what worked. And of course if you know of anyone looking to buy in Blue Bell, PA.
Thanks, Carmella
610-457-8698-cell
Attached Message
From:
Scott Ames <sames at yahoo.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Up front costs
Date:
Wed, 17 Oct 2007 12:32:29 -0700 (PDT)
I don't know if it's best practice, but I did mine without an inspection. I did have a Sellers Disclosure of Condition available to everyone though. Just a form available through the local realtor association that the seller normally fills out disclosing any defects that are known.
Cristi Fitzgerald <cristifitz at gmail.com> wrote:
We're in such a tight spot right now (which is why we're needing to sell our home), that we don't even have any extra funds for the up-front costs of an inspection or an expensive print ad. There is good internet advertising here through a local TV station's site, as well as Craigslist, and I think that would bring in enough people. But getting that inspection is a problem for us right now. Are you doomed to hold it without one? The home is newer and in great shape, but I know things can still show up on an inspection report. We've been offering a 1 yr. warranty in our advertising, which I know helps a lot of folks feel more secure. Is that enough to offer and skip the inspection?
--
Cristi Fitzgerald, MRET
Got STRESS?
www.rapideyetechnology.com _______________________________________________
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5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
Attached Message
From:
Rosemarie and Fred Belcher <rosemarie-fred at mindspring.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Date:
Wed, 17 Oct 2007 15:50:00 -0400
I have been quiet since I wrote about our sale in Charlotte a few weeks ago (September 29-30). I am writing now because of this topic, and because what I have to say might be helpful - plus I wanted to wait for Bill to get back and see what the guru has to say!
When we were getting ready for our sale, I read the archives of this forum, and noticed that many people whose sale went poorly said something like "I followed the book to the letter, except..."
So I decided there would be no "except" - I would follow the book to the letter. And I did. Until Sunday night! At 11pm I had two bidders who were edging up in $500 increments and were at $125,500 (I needed $136,000 to cover the mortgage). I was exhausted (that Sunday was a busy day!) So I told them both we would have to finish the next day.
My high bidder at that time asked if she could bring her partner to look at the house on that Monday. Meanwhile I had a call on the ad from someone who had not seen it before the weekend, and she wanted to see it, also. So I invited them both to come at the same time. The new person bid $130,000. Now I'm breaking the rules. What would you do? I told the other lady, and she promptly bid $132,000. And so it went, until the original high bidder ended up at $140,000. We got a contract signed, and the other woman called me again today - she wants to offer more! Now I have a contract, but if the financing doesn't pan out, I have my backup.
So I join the rank of those who broke the rules, but I got a bid I can live with, and my buyer is still getting a bargain. The bidding lasted two weeks or more instead of rushing to the settlement agant on Monday. But I think things will work out OK.
The paperwork clearly states that neither the bidder nor the seller is obliged to anything until a contract is signed.
During our open house, people constantly asked me what I really was going to sell it for, and I told them I was going to sell it to the highest bidder, and that was the mindset I intended to keep. When they questioned it, I asked them not to damage my intention! They understood, I think. But if the bid had not gone as high as it finally did I would have been looking at asking the bank to take a short sale - not the best of outcomes.
Good luck to all, and welcome home, Bill. I hope you had a super vacation. I must say the kids were bickering a bit while your back was turned!
Rosemarie
----- Original Message -----
From: palatine1
To: How To Sell Your Home in 5-Days
Sent: Wednesday, October 17, 2007 12:51 PM
Subject: Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Interesting that the bidders are under no obligation to honor their offers, but the seller is under an obligation to honor his.
----- Original Message -----
From: Bill Effros
To: How To Sell Your Home in 5-Days
Sent: Wednesday, October 17, 2007 8:56 AM
Subject: Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Yes. It rarely works. You can't find 25 potential land buyers in 3 days--nobody really knows how to value land.
Bill Effros
NorCalBuyerBroker.Com wrote:
Bill,
Has anyone used this technique to sell land?
“If you compare yourself with others, you may become vain and bitter; for always there will be greater and lesser persons than yourself. Enjoy your achievements as well as your plans.”
Max Ehrmann
Steven Castagnetta
916-801-1777 cell
----- Original Message -----
From: Bill Effros
To: How To Sell Your Home in 5-Days
Sent: Wednesday, October 17, 2007 6:23 AM
Subject: Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Eddy,
If a broker advertises a house for a specific amount of money and sells it for a different amount is that a lie?
I don't mean to pick on you, because this "false advertising" concept has come up many times before, but please, let's grow up!
I don't think anyone should offer their home using the 5-Day Method unless they are really prepared to sell it to the highest bidder on Sunday night. If the high bidder can't get a mortgage, you may not sell it on Sunday night--but that doesn't make your statement a "lie" and it doesn't make your advertising "false". If your bank won't take the best deal you can get, you are not going to sell to the highest bidder on Sunday night, but that doesn't make your ad "a lie" or "false" either.
Most sellers who cannot complete the sale on Sunday night successfully negotiate with buyers and mortgage holders to find a price all parties can live with, shortly thereafter. Please note, the ad states only that the home will be sold to the highest bidder, it does not say that the home will be sold to the highest bidder at the bid price.
This is weaseling, as far as I'm concerned, and I honestly believe that the high bid on Sunday night after a "by the book" 5-Day Sale is the highest bid you can get on the day you picked to sell your home, and you should always take it. I always do.
Bill Effros
Eddy Workinger wrote:
<!--[if mso 9]--> <!--[endif]-->
If you’re going to say I WILL sell my home to the HIGHEST BIDDER and then the bids that you get aren’t nearly high enough and you decide not to sell……is that not a lie?
Your Real Estate Consultant for Life
I am committed to delivering 'The Ultimate Real Estate Experience' to everyone I serve. So, don't keep me a secret.
Who do you know that needs my help buying or selling property?
______________________________________________
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Attached Message
From:
Scott Ames <sames at yahoo.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] can we place ads on this forum?
Date:
Wed, 17 Oct 2007 13:30:19 -0700 (PDT)
I don't think it would do any good to place ads here even if you could.
The list has members all over the country and the chance that one of
them would want a home in Blue Bell, PA is nill. In addition everyone
here is trying to sell, not buy.
Carmella Thompson <carmellarealestate at comcast.net> wrote:
Hi, can we place ads on here as well as the paper? Has anyone had any luck with an online website, if so, which one?
I’m in the Phila area and if anyone has had success in PA, please let me know what worked. And of course if you know of anyone looking to buy in Blue Bell, PA.
Thanks, Carmella
610-457-8698-cell
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Attached Message
From:
Terry Wigfield <t.wigfield at verizon.net>
To:
'How To Sell Your Home in 5-Days' <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Up front costs
Date:
Wed, 17 Oct 2007 16:53:22 -0400
Definitely not best practice, but sometimes you have to do what you have to do. I am an inspector and some inspectors will take payment at closing. But is required to be paid within 60 days if it doesn’t close.
The purpose of the home inspection is to put the buyers at ease with the home and the 5 day sale method. When you offer your home for ½ price the first thing buyers want to know is: What’s wrong with the House? The inspection helps puts them at ease and removes a reason for not bidding. While you may still sell the house, you probably won’t get as high of a price as you would with the home inspection.
Terry Wigfield
HouseMaster
301-791-7216 fax
terry.wigfield at housemaster.com
From: 5-dayforum-bounces+terry.wigfield=housemaster.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+terry.wigfield=housemaster.com at mailman.howtosellyourhomein5days.com] On Behalf Of Scott Ames
Sent: Wednesday, October 17, 2007 3:32 PM
To: How To Sell Your Home in 5-Days
Subject: Re: [5-DayForum] Up front costs
I don't know if it's best practice, but I did mine without an inspection. I did have a Sellers Disclosure of Condition available to everyone though. Just a form available through the local realtor association that the seller normally fills out disclosing any defects that are known.
Cristi Fitzgerald <cristifitz at gmail.com> wrote:
We're in such a tight spot right now (which is why we're needing to sell our home), that we don't even have any extra funds for the up-front costs of an inspection or an expensive print ad. There is good internet advertising here through a local TV station's site, as well as Craigslist, and I think that would bring in enough people. But getting that inspection is a problem for us right now. Are you doomed to hold it without one? The home is newer and in great shape, but I know things can still show up on an inspection report. We've been offering a 1 yr. warranty in our advertising, which I know helps a lot of folks feel more secure. Is that enough to offer and skip the inspection?
--
Cristi Fitzgerald, MRET
Got STRESS?
www.rapideyetechnology.com _______________________________________________
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Attached Message
From:
Websitecc <websitecc at gmail.com>
To:
5-DayForum at mailman.howtosellyourhomein5days.com
Subject:
[5-DayForum] (no subject)
Date:
Wed, 17 Oct 2007 17:23:54 -0400
Plese remove me from your list.
Thanks
Attached Message
From:
Websitecc <websitecc at gmail.com>
To:
5-DayForum at mailman.howtosellyourhomein5days.com
Subject:
[5-DayForum] Please remove me from your List
Date:
Wed, 17 Oct 2007 17:24:16 -0400
Please remove me from your list
Attached Message
From:
Scott Ames <sames at yahoo.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Up front costs
Date:
Wed, 17 Oct 2007 14:26:09 -0700 (PDT)
Terry;
Thanks for that.
Here's a question that's been on my mind. Perhaps you can answer.
Do inspectors offer a 2 inspection package deal ? What I mean by that is that I get an inspection done and it turns up a few problems that I had not noticed. I get those repaired, but I would like a clean inspection report for the buyers. Do I have to pay for another complete inspection or can the inspector modify the report and just look at the few items I fixed?
Terry Wigfield <t.wigfield at verizon.net> wrote:
Definitely not best practice, but sometimes you have to do what you have to do. I am an inspector and some inspectors will take payment at closing. But is required to be paid within 60 days if it doesn’t close.
The purpose of the home inspection is to put the buyers at ease with the home and the 5 day sale method. When you offer your home for ½ price the first thing buyers want to know is: What’s wrong with the House? The inspection helps puts them at ease and removes a reason for not bidding. While you may still sell the house, you probably won’t get as high of a price as you would with the home inspection.
Terry Wigfield
HouseMaster
301-791-7216 fax
terry.wigfield at housemaster.com
From: 5-dayforum-bounces+terry.wigfield=housemaster.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+terry.wigfield=housemaster.com at mailman.howtosellyourhomein5days.com] On Behalf Of Scott Ames
Sent: Wednesday, October 17, 2007 3:32 PM
To: How To Sell Your Home in 5-Days
Subject: Re: [5-DayForum] Up front costs
I don't know if it's best practice, but I did mine without an inspection. I did have a Sellers Disclosure of Condition available to everyone though. Just a form available through the local realtor association that the seller normally fills out disclosing any defects that are known.
Cristi Fitzgerald <cristifitz at gmail.com> wrote:
We're in such a tight spot right now (which is why we're needing to sell our home), that we don't even have any extra funds for the up-front costs of an inspection or an expensive print ad. There is good internet advertising here through a local TV station's site, as well as Craigslist, and I think that would bring in enough people. But getting that inspection is a problem for us right now. Are you doomed to hold it without one? The home is newer and in great shape, but I know things can still show up on an inspection report. We've been offering a 1 yr. warranty in our advertising, which I know helps a lot of folks feel more secure. Is that enough to offer and skip the inspection?
--
Cristi Fitzgerald, MRET
Got STRESS?
www.rapideyetechnology.com _______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
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Attached Message
From:
Kyle Cascioli <real.estate.professor at hotmail.com>
To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
Subject:
Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Date:
Wed, 17 Oct 2007 16:35:18 -0500
Hi All:
The value of land is often "imputed" depending upon what will be built on it.
Factors such as "improvement" product type (residential, industrial, office, retail, etc.) and the "coverage."
Coverage refers to the percentage of improvements (structures) to land. For example, 50% coverage of industrial product per acre amounts to 21,780 square feet of building to one acre (43,560 SF) of land.
When asked what's my land worth, a smart developer will say something like. "It's worth what I can build on it at a given time, and what I can sell what I can build on it when I'm done building it!"
Cheers, Kyle
Date: Wed, 17 Oct 2007 11:56:35 -0400
From: bill at effros.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Yes. It rarely works. You can't find 25 potential land buyers in 3 days--nobody really knows how to value land.
Bill Effros
NorCalBuyerBroker.Com wrote:
Bill,
Has anyone used this technique to sell land?
“If you compare yourself with others, you may become vain and bitter; for always there will be greater and lesser persons than yourself. Enjoy your achievements as well as your plans.”
Max Ehrmann
Steven Castagnetta
916-801-1777 cell
----- Original Message -----
From: Bill Effros
To: How To Sell Your Home in 5-Days
Sent: Wednesday, October 17, 2007 6:23 AM
Subject: Re: [5-DayForum] Home WILL be sold to HIGHEST BIDDER???????????
Eddy,
If a broker advertises a house for a specific amount of money and sells it for a different amount is that a lie?
I don't mean to pick on you, because this "false advertising" concept has come up many times before, but please, let's grow up!
I don't think anyone should offer their home using the 5-Day Method unless they are really prepared to sell it to the highest bidder on Sunday night. If the high bidder can't get a mortgage, you may not sell it on Sunday night--but that doesn't make your statement a "lie" and it doesn't make your advertising "false". If your bank won't take the best deal you can get, you are not going to sell to the highest bidder on Sunday night, but that doesn't make your ad "a lie" or "false" either.
Most sellers who cannot complete the sale on Sunday night successfully negotiate with buyers and mortgage holders to find a price all parties can live with, shortly thereafter. Please note, the ad states only that the home will be sold to the highest bidder, it does not say that the home will be sold to the highest bidder at the bid price.
This is weaseling, as far as I'm concerned, and I honestly believe that the high bid on Sunday night after a "by the book" 5-Day Sale is the highest bid you can get on the day you picked to sell your home, and you should always take it. I always do.
Bill Effros
Eddy Workinger wrote:
<!--[if mso 9]--> <!--[endif]-->
If you’re going to say I WILL sell my home to the HIGHEST BIDDER and then the bids that you get aren’t nearly high enough and you decide not to sell……is that not a lie?
Your Real Estate Consultant for Life
I am committed to delivering 'The Ultimate Real Estate Experience' to everyone I serve. So, don't keep me a secret.
Who do you know that needs my help buying or selling property?
______________________________________________
-DayForum mailing list
-DayForum at mailman.howtosellyourhomein5days.com
ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
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