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

Thu Oct 25 09:41:57 EDT 2007

I have a real estate investment company here in Philadelphia.... 

2 of us were at house #1 & 2 of us were at house #2....  

From:
5-dayforum-bounces+shawn=renovahomes.com at mailman.howtosellyourhomein5day
s.com
[mailto:5-dayforum-bounces+shawn=renovahomes.com at mailman.howtosellyourho
mein5days.com] On Behalf Of Bill Effros
Sent: Wednesday, October 24, 2007 7:20 PM
To: How To Sell Your Home in 5-Days
Subject: Re: [5-DayForum] 5 Day Method Failed but REALTOR got top dollar

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>
<mailto: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

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