[5-DayForum] 5 Day Method Failed but REALTOR got top dollar
Bill Effros
bill at effros.com
Wed Oct 24 16:27:19 EDT 2007
Elizabeth,
Why do I feel set up?
You neglected to mention in this email that you ran your 5-Day Sale
despite the fact that you failed to get 25 calls from targeted
advertising by Friday night, there were tornadoes touching down in your
area, 500,000 people had lost power including 1/2 the condominium units
in your complex, the weather was so severe people couldn't see out their
windows, trees were down, roads were impassible, people were advised not
to leave their homes...but you just proceeded with your sale following
the advice of your sister-in-law who just happens to be a Realtor.
You didn't mention the weather when asking for advice from the Forum,
either, you just said responses were coming in slowly...
Please.
Bill Effros
Elizabeth Mora wrote:
> Hello:
>
> Some of you may remember me from a failed sale I held in Glen Ellyn,
> IL, in August.
>
> I promised that I would write back with results of our traditional
> sale using a realtor. Bill often asks those who don't succeed with
> the 5 day to write back if they do any better with a realtor. No one
> ever does.
>
> Well, I did. And I think it's an important story to share. So, while
> I have nothing to gain by taking time to post this email, I am taking
> the time in case I can help others.
>
> We felt our home was worth around $170K. Our 5 day sale brought us
> $113K. Bill and others told us we were lucky to get that amount. We
> refused to believe them and committed the dreadful act of not
> accepting the offer. We simply couldn't do it. So, we listed with a
> realtor.
>
> We got $174K, less a 4% commission. We are grateful every day that we
> did not listen solely to the advice on this site, but sought counsel
> with a realtor.
>
> I realize not everyone's story is the same. Markets vary. We are an
> entry-level home in a prestigious area, which helped our sale. This
> method works for some. But it does not work for all.
>
> I caution those using this method who trust it 100%. My story clearly
> shows that the market is not always smart enough to know the value,
> and this method does not always bring you the top dollar. I think it
> is a great avenue for some situations. BUT NOT ALL. And that is what
> always bothered me about the attitude of Bill and others on the site.
> There is no admission that this method might not be perfect. Nothing
> is perfect. Nothing works all the time. Yet that is the attitude
> found here, and those that question it are made to feel bad. Heck, I
> know that this email will be ripped to shreds by 5 Day proponents.
> Yet I write it anyway, because my story proves that traditional
> methods sometimes work better than the 5 day method. So, I write this
> for those out there with nagging doubts, and I care not what others
> will say. I don't even plan to check back on the site for comments. I
> write this in case someone searches some day to see if a realtor did
> do better, and they will at least find 1 such story.
>
> So, be careful with this method. If it's right for you, great. But
> if you have doubts, just know that at least one seller out there
> proved that there may be 2 sides to this story, but you won't often
> hear the other side on this site.
>
> Elizabeth
> Glen Ellyn
>
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