[5-DayForum] 5 Day Method Failed but REALTOR got top dollar

[Bill Effros]

Shawn,

How were you going to run 2 sales at the same time?

Bill Effros



Shawn Moffit wrote:
> I'm of the same cloth as Elizabeth - 
>
> Credibility is lost when someone vehemently defends something as much as
> Effros and others do on this forum - however I tried the process full
> force:
>
> I attempted to run 2 sales this past weekend - advertised everywhere -
> spent over $2000 in advertising including signs & flyers, as well as
> newspaper ads in the Philadelphia area -
>
> One of the houses attracted 25 calls by Friday - 7 people showed up on
> the weekend, very few additional people called after Friday.  We tried
> to conduct the sale believing that it would bring us the highest price
> and were only able to get in touch with 2 of the "bidders"  the price
> didn't even come over 70k, for a rehabbed house appraised for 110k.
>
> The other house only 9 people called so we postponed the sale.
>
> I've consistently seen ulterior motives on the part of real estate
> guru's... although it seems as if Effros believes in his product 100%...
> so does everyone else selling this kind of stuff...
>
> Nothing works 100% of the time, no matter what someone tries to tell
> you.  
>
>
>
>
>
>   
>> -----Original Message-----
>> From: 5-dayforum-
>> bounces+shawn=renovahomes.com at mailman.howtosellyourhomein5days.com
>> [mailto:5-dayforum-
>> bounces+shawn=renovahomes.com at mailman.howtosellyourhomein5days.com] On
>> Behalf Of sampamela at comcast.net
>> Sent: Tuesday, October 23, 2007 8:11 PM
>> To: How To Sell Your Home in 5-Days
>> Subject: Re: [5-DayForum] 5 Day Method Failed but REALTOR got top
>>     
> dollar
>   
>> Dear Elizabeth,
>>
>> Thank you for your story.  As a Realtor, I appreciate your comments.
>>
>> Pam Montero
>> Mountain Land Realty
>> 801-319-8476
>>
>>  -------------- Original message ----------------------
>> From: Elizabeth Mora <condosale0807 at yahoo.com>
>>     
>>> 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
>>>
>>>  __________________________________________________
>>> Do You Yahoo!?
>>> Tired of spam?  Yahoo! Mail has the best spam protection around
>>>       
>> http://mail.yahoo.com
>>     
>
>
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>   
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