From ronole at gmail.com  Thu Jul  1 13:42:42 2010
From: ronole at gmail.com (Ron Smith)
Date: Thu, 1 Jul 2010 10:42:42 -0700 (PDT)
Subject: [5-DayForum] Ron Smith wants to stay in touch on LinkedIn
Message-ID: <527565380.1680377.1278006162612.JavaMail.app@ech3-cdn11.prod>

LinkedIn
------------

   
How,

I'd like to add you to my professional network on LinkedIn.

- Ron Smith

Ron Smith
Independent Real Estate Professional
Greater Philadelphia Area

Confirm that you know Ron Smith
https://www.linkedin.com/e/-bk5c6f-gb3vve7m-7/isd/1432515531/qirkQSFM/


 
------
(c) 2010, LinkedIn Corporation
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From pnj442 at bresnan.net  Thu Jul  1 23:17:54 2010
From: pnj442 at bresnan.net (Peter)
Date: Thu, 1 Jul 2010 21:17:54 -0600
Subject: [5-DayForum] Airstream rebuild
Message-ID: <056BCA50C96E4A719A13E5208FFD46F0@Peter>

http://picasaweb.google.com/novascotianow/TheAdirondackAirstream#
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From irene33594 at gmail.com  Fri Jul  2 16:26:09 2010
From: irene33594 at gmail.com (Irene Gerty-Gomez)
Date: Fri, 2 Jul 2010 16:26:09 -0400
Subject: [5-DayForum] Where to Advertise - Valrico FL - Tampa Bay
Message-ID: <AANLkTiktlhK8S8U_slPriJmFKTVrP5efM3UA15AiIsOg@mail.gmail.com>

Hi,


Has anyone sold in Tampa Bay vicinity recently?



I am looking for guidance on where to advertise my 5-day sale in the Tampa,
FL area.  The Tampa Tribute seems to be light on home advertisements.  I am
also looking at the St. Petersburg Times.



The target for our sale is July 21 to 25th.



Any suggestions?



Thanks,

Irene G

Valrico, FL
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From irene33594 at gmail.com  Fri Jul  2 16:30:19 2010
From: irene33594 at gmail.com (Irene Gerty-Gomez)
Date: Fri, 2 Jul 2010 16:30:19 -0400
Subject: [5-DayForum] Where to Advertise - Valrico FL - Tampa Bay
In-Reply-To: <AANLkTiktlhK8S8U_slPriJmFKTVrP5efM3UA15AiIsOg@mail.gmail.com>
References: <AANLkTiktlhK8S8U_slPriJmFKTVrP5efM3UA15AiIsOg@mail.gmail.com>
Message-ID: <AANLkTinpBTKO2nBDEJOZEO4jIENiF7wQct62FxSukjdm@mail.gmail.com>

On Fri, Jul 2, 2010 at 4:26 PM, Irene Gerty-Gomez <irene33594 at gmail.com>wrote:

> Hi,
>
>
> Has anyone sold in Tampa Bay vicinity recently?
>
>
>
> I am looking for guidance on where to advertise my 5-day sale in the Tampa,
> FL area.  The Tampa Tribute seems to be light on home advertisements.  I
> am also looking at the St. Petersburg Times.
>
>
>
> The target for our sale is July 21 to 25th.
>
>
>
> Any suggestions?
>
>
>
> Thanks,
>
> Irene G
>
> Valrico, FL
>
>
>
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From medic_korge at yahoo.com  Fri Jul  2 19:12:52 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Fri, 2 Jul 2010 16:12:52 -0700 (PDT)
Subject: [5-DayForum] Selling my home in Piqua, OH!
Message-ID: <137539.43673.qm@web82603.mail.mud.yahoo.com>

Howdy forum folks!

I was a forum subscriber last year for a little while because?I was thinking of doing a 5-day sale of my house, but then I got cold feet... So now, a year's mortgage payments later on an empty house, I still have cold feet but am more willing to dive in!? I see that a lot of the same sbscribers still give the same very welcome and valuable commentary on a variety of subjects.? In fact, it seems even the same subjects keep coming up, too!? Which is still welcome to me, I still find them valuable.

I am finally planning on doing the 5-day sale, and I have set my date for Sunday, July 25, a week before vacation (hopefully that gives me enough time for closing!) and a very demanding August personal schedule.? I will keep all updated on my progress - only fair, as I really enjoy reading about how others' sales go!

Things that I'm picking up through the archives that I am finding extremely valuable and is not mentioned in the latest edition of Mr. Effros' book:
-A few days ago I went to www.5-day.com and was sent straight to George Cappony's site.? I signed up for Cappony's gig because I wanted the professional signs and the mailer that goes out to the neighborhood.? After waiting a little while for a response, I stumbled upon Mr. Effros' comments on Cappony's (now defunct) company from a few months ago and realized quickly that the website is a dud.? For all readers of this - DON'T GO TO THAT WEBSITE! You won't get anything from Mr. Cappony or his company.? When I type the address in now, it seems to go to Effros' site.? I don't know how I got to Cappony's.
-I'm going to take up janetislight's recommendation (yes, I'm one of your many fans, too!) that HANDWRITTEN signs are the way to go.? I'll go to all the major intersections in town and put them up. (Sounds like a lot, but Piqua's pretty small..)? I'll probably throw something in the Piqua Call and on Craigslist, but i won't expect too much out of it.? The lesson that I'm picking up is that marketing is EVERYTHING when it come to your 25 responses!
-I almost started making too many investments into things in my house to fix up, but the book pulled the reigns in for me on that one.? Just the big stuff that is required and the little stuff that always bothered me, right?? Nothing more for me. "If?you?think you can't get twice as much back as you put into it..."

One question that I hope someone can clarify for me that I can't find in the book or in the most recent archives - I apologize upfront if this has come up before, but like I said, even the recurring topics seem timely and helpful to me.? I don't understand what expectation I should have of the buyer in terms of his settlement agent.? As much as possible I DON'T want REAs to come to the house and be a part of the sale, right? but I'm supposed to expect them to have a RE lawyer or title agent to represent them?? I didn't even know such people existed until?I read this book and started on the forum.? What do?I tell people who come to the inspection as far as what they should have ready?? I know the 5-day is just a marketing system and is separate from the financing and closing, but I just feel like I should tell buyers who have never done this before what they should have lined up by Monday.? I mean, my settlement agent (a title guy) is supposed to
 make his quick attack on my buyer first thing Monday morning?? Shouldn't i tell the buyer something about how to prepare for that?

Sorry, lots of talking, that's all for now.? I'll keep you all posted.

-Korge



      


From tomhoffman at live.com  Sat Jul  3 11:58:16 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Sat, 3 Jul 2010 09:58:16 -0600
Subject: [5-DayForum] Selling my home in Piqua, OH!
In-Reply-To: <137539.43673.qm@web82603.mail.mud.yahoo.com>
References: <137539.43673.qm@web82603.mail.mud.yahoo.com>
Message-ID: <BLU135-W237C0D0692130CCBAFFF73B0CF0@phx.gbl>


Wow, thanks for the information on Cappony.  I too am one who believes in hanwritten signs. I also believe in pull tab flyers to be placed on as  many bulletin boards as you can find. It also helps to have multiple email addresses so you can keep posting on Craig's list and other sites every day until the sale.

I think you may have missed a couple steps along the way. Who is going to do or write the contracts? Are you having a real estate attorney write the contracts or are you going to do it yourself? If you do it yourself you probably, depending on what state you are in, will need a title company or escrow company to handle the closing and they may want an attorney to review the contracts. The sales I have done out of state I go to the title companies first and ask for recommendations of real estate attorneys. If you call several title or escrow companies and ask them for names you should find one. Upon interviewing the attorney you wil get a feel for whether or not they understand what you are going to do. Good luck and please keep us posted

Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 
> Date: Fri, 2 Jul 2010 16:12:52 -0700
> From: medic_korge at yahoo.com
> To: 5-dayforum at mailman.howtosellyourhomein5days.com
> Subject: [5-DayForum] Selling my home in Piqua, OH!
> 
> Howdy forum folks!
> 
> I was a forum subscriber last year for a little while because I was thinking of doing a 5-day sale of my house, but then I got cold feet... So now, a year's mortgage payments later on an empty house, I still have cold feet but am more willing to dive in!  I see that a lot of the same sbscribers still give the same very welcome and valuable commentary on a variety of subjects.  In fact, it seems even the same subjects keep coming up, too!  Which is still welcome to me, I still find them valuable.
> 
> I am finally planning on doing the 5-day sale, and I have set my date for Sunday, July 25, a week before vacation (hopefully that gives me enough time for closing!) and a very demanding August personal schedule.  I will keep all updated on my progress - only fair, as I really enjoy reading about how others' sales go!
> 
> Things that I'm picking up through the archives that I am finding extremely valuable and is not mentioned in the latest edition of Mr. Effros' book:
> -A few days ago I went to www.5-day.com and was sent straight to George Cappony's site.  I signed up for Cappony's gig because I wanted the professional signs and the mailer that goes out to the neighborhood.  After waiting a little while for a response, I stumbled upon Mr. Effros' comments on Cappony's (now defunct) company from a few months ago and realized quickly that the website is a dud.  For all readers of this - DON'T GO TO THAT WEBSITE! You won't get anything from Mr. Cappony or his company.  When I type the address in now, it seems to go to Effros' site.  I don't know how I got to Cappony's.
> -I'm going to take up janetislight's recommendation (yes, I'm one of your many fans, too!) that HANDWRITTEN signs are the way to go.  I'll go to all the major intersections in town and put them up. (Sounds like a lot, but Piqua's pretty small..)  I'll probably throw something in the Piqua Call and on Craigslist, but i won't expect too much out of it.  The lesson that I'm picking up is that marketing is EVERYTHING when it come to your 25 responses!
> -I almost started making too many investments into things in my house to fix up, but the book pulled the reigns in for me on that one.  Just the big stuff that is required and the little stuff that always bothered me, right?  Nothing more for me. "If you think you can't get twice as much back as you put into it..."
> 
> One question that I hope someone can clarify for me that I can't find in the book or in the most recent archives - I apologize upfront if this has come up before, but like I said, even the recurring topics seem timely and helpful to me.  I don't understand what expectation I should have of the buyer in terms of his settlement agent.  As much as possible I DON'T want REAs to come to the house and be a part of the sale, right? but I'm supposed to expect them to have a RE lawyer or title agent to represent them?  I didn't even know such people existed until I read this book and started on the forum.  What do I tell people who come to the inspection as far as what they should have ready?  I know the 5-day is just a marketing system and is separate from the financing and closing, but I just feel like I should tell buyers who have never done this before what they should have lined up by Monday.  I mean, my settlement agent (a title guy) is supposed to
> make his quick attack on my buyer first thing Monday morning?  Shouldn't i tell the buyer something about how to prepare for that?
> 
> Sorry, lots of talking, that's all for now.  I'll keep you all posted.
> 
> -Korge
> 
> 
> 
> 
> 
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
 		 	   		  
_________________________________________________________________
The New Busy is not the old busy. Search, chat and e-mail from your inbox.
http://www.windowslive.com/campaign/thenewbusy?ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_3
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From tomhoffman at live.com  Tue Jul  6 22:19:27 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Tue, 6 Jul 2010 20:19:27 -0600
Subject: [5-DayForum] FW: Hey   I am alive and doing very well
In-Reply-To: <691e5.1d55306.39653c76@aol.com>
References: <691e5.1d55306.39653c76@aol.com>
Message-ID: <BLU135-W105BEAF92C5A5E738449BEB0B30@phx.gbl>




Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 


From: Salessyst at aol.com
Date: Tue, 6 Jul 2010 22:12:06 -0400
Subject: Re: Hey I am alive and doing very well
To: tomhoffman at live.com


Thanks   Tom       Please    post  this   as  I am unable to        I'd appreciate it      Really  I am I good guy here no matter what anyone thinks.     Just trying to get buy like we all are.   Still On Effros's side for the most part.
 
I even wrote to the guy but no response yet   never had a complaint yet      but when it come between family and business which would you choose? DUH                 
 
 
George   Cappony       		 	   		  
_________________________________________________________________
The New Busy think 9 to 5 is a cute idea. Combine multiple calendars with Hotmail. 
http://www.windowslive.com/campaign/thenewbusy?tile=multicalendar&ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_5
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From patngala at optonline.net  Sat Jul  3 12:21:36 2010
From: patngala at optonline.net (Patricia Ngala)
Date: Sat, 03 Jul 2010 12:21:36 -0400
Subject: [5-DayForum] future sale in suffolk county ny
Message-ID: <A9374299432D475189674B565F1032F3@PC267115308168>

Hello,  I am planning a 5 Day Sale in Suffolk County, specifically Dix HIlls, Long Island with starting price ~$450,000. I am considering advertising in Newsday and/or the New York Times as well as the Pennysaver. Do you have any suggestions on where I should advertise?
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From medic_korge at yahoo.com  Sun Jul  4 16:32:22 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Sun, 4 Jul 2010 16:32:22 -0400
Subject: [5-DayForum]  Selling my home in Piqua, OH!
Message-ID: <910001.29034.qm@smtp109-mob.biz.mail.ac4.yahoo.com>

Thanks for the input, Tom! I'm telling you, when someone like me who just got onto the forum gets a response from one of the (smart and experienced!) regular commentators, it's like getting a letter back from Oprah or the President or something!... Ok, anyways, I contacted my title agent, and truth be told she didnt seem like she was interested (or maybe I didn't explain myself well enough) in being what I would expect to be my settlement agent. &nbsp;She immediately sent me a blank copy of a settlement contract and the lead paint disclosure form. &nbsp;That's it. Aren't I supposed to sic her on the buyer monday morning? Isn't she supposed to handle the contacts and stuff? I don't know. So I'll call a couple of RE attorney numbers she gave me. &nbsp;Maybe that's how it's done in Ohio.

My question really was about what I should expect from my buyer. Doesn't she have to have a settlement agent of sorts as well? And do I tell him that he needs to be prepared for that during the open house or something? &nbsp;It's just the urgency of the whole thng makes me believe that if I don't provide the buyer some reasonable access to a financier or independent settement agent, then the one buyer who sees the signs on the street who feels that my home is the one of his dreams will come to the open house with nothing but a wish and think, "well, I don't have all my ducks in a row right now, and all these people here look serious... Boy, this sure was wishful thinking on my part. I'll have to just let this one go." &nbsp;Maybe another way to express my concern is, it seems highly unlikely that my home will actually be sold in 5 days. &nbsp;It seems more like I can find the TMV of my home in 5 days, but the financing and closing part.. Well, you're on your own, and that could take weeks (which I don't have), depending on how qualified the buyer is. Does any of this make sense? I need someone to assure me here on this forum that this system attracts the serious buyers who are willing and, more importantly, READY to pay top dollar for my home in the shortest amount of time, because that's what I need (top dollar) and that's what I have (short time). &nbsp;Thanks again all!

-- Sent from my Palm Pre

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From tmpaint at gmail.com  Mon Jul  5 11:22:41 2010
From: tmpaint at gmail.com (Todd Morrison)
Date: Mon, 5 Jul 2010 10:22:41 -0500
Subject: [5-DayForum] Commercial Buildings
Message-ID: <D65A3D79-A86A-447F-8309-AF02BE2DC65C@gmail.com>

I have a house that is now zoned commercial. Do you think the 5 Day  
system would work for a commercial property?

From medic_korge at yahoo.com  Tue Jul  6 12:58:49 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Tue, 6 Jul 2010 09:58:49 -0700 (PDT)
Subject: [5-DayForum] RE lawyer scaring me about 5-day sales!
Message-ID: <308450.74448.qm@web82601.mail.mud.yahoo.com>

>From Korge / Piqua OH
OK, need some encouragement here...
I just finished talking to a RE lawyer about selling my Piqua home at the end of the month using the 5-day sale plan.? His words to me were, essentially, "I'm scared for you to sell your home this way.? What if you sell your home at or near your posted price?? You have vebally obligated yourself to selling your home at that price if that is the highest bid."? My wife, who used to be a banker, said, "You know, let's say you sold your home and it's $20,000 under mortgage.? Sure, the bank can take that price and say, 'OK, we'll just refinance the remaining part of your sold mortgage onto your existing home mortgage and use your?existing home as collateral... oh, wait, your current home doesn't have enough equity in it and our appraiser says your current home value won't cover the sale, so we'll just have to give you an exorbitant interest rate...'" She also says, "If the lawyer is correct about being verbally obligated to selling your home just over
 $24,500 if that's the highest bid, well then what's to stop that high bidder to turn around and say, 'Well, you said the house will sell to the high bidder, so I'm hiring a lawyer to see to it that you're good on your word."
I know this has been covered in the archives.? The only thing that I have read on the posts (let me know otherwise) is that when the high bid is not high enough, then you just tell the high bidder that it's not high enough and you either work out an agreement to make it high enough or they just understand that it's not high enough and both parties walk away.? Bill's book promises that there is NO RISK in this plan, but it seems to me that there is considerable risk.
I've read the examples about, "If you walk into a bar with a $100 bill.." and "But just look up a Ferrari on ebay! the starting bid is around $.01, but EVERYBODY knows that that's too outrageous a deal..."? So I understand the concept in those scenarios.? What I am concerned with is the legal risk if the high bid comes in considerably under mortgage.? To me, this system now seems to be more than just a pricing mechanism - you really can be legally bound to the low price that you set.
Please advise!


      


From patngala at optonline.net  Tue Jul  6 14:00:58 2010
From: patngala at optonline.net (Patricia Ngala)
Date: Tue, 06 Jul 2010 14:00:58 -0400
Subject: [5-DayForum] Results of Advertisement in NY Times
Message-ID: <E596B8B324074556B1BB7C84C6E26798@PC267115308168>

I am planning a 5 day sale in the next few days in Dix Hills NY and seeking some input from someone who has used the NYTimes and results.
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From vmartocci at epix.net  Wed Jul  7 08:48:17 2010
From: vmartocci at epix.net (Victoria Martocci)
Date: Wed, 7 Jul 2010 08:48:17 -0400
Subject: [5-DayForum] Pittsburgh PA--help please
Message-ID: <FA4A1C9CF8AF4F1F956E98170A4B47B2@VictoriaPC>

Hi all,

 

I have a house that is in Penn Hills, PA, not too far from Pittsburgh. I
live near Philadelphia and was wondering if there is anyone local that could
help me w the sale or someone that I could pay to run it. Thanks in advance
for your advice. Do you think I'd be nuts to run this long distance and only
show up for Saturday and Sunday?

 

Victoria

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From vmartocci at epix.net  Wed Jul  7 08:51:17 2010
From: vmartocci at epix.net (Victoria Martocci)
Date: Wed, 7 Jul 2010 08:51:17 -0400
Subject: [5-DayForum] Pittsburgh, PA- help please
Message-ID: <2D7077973E694F4EBC4BBE0A2BB3DE34@VictoriaPC>

Hi all,

 

I have a house that is in Penn Hills, PA, not too far from Pittsburgh. I
live near Philadelphia and was wondering if there is anyone local that could
help me w the sale or someone that I could pay to run it. Thanks in advance
for your advice. Do you think I'd be nuts to run this long distance and only
show up for Saturday and Sunday?

 

Victoria

 

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From brianmann57 at comcast.net  Wed Jul  7 09:52:56 2010
From: brianmann57 at comcast.net (Brian Mann)
Date: Wed, 7 Jul 2010 09:52:56 -0400
Subject: [5-DayForum] Pittsburgh, PA- help please
In-Reply-To: <2D7077973E694F4EBC4BBE0A2BB3DE34@VictoriaPC>
References: <2D7077973E694F4EBC4BBE0A2BB3DE34@VictoriaPC>
Message-ID: <E5C6042894E6479EA9EDEDEDEB256FE0@brian884gb6hla>

Please remove me from the email list. Thank you: Brianmann57 at comcast.net

 

  _____  

From:
5-dayforum-bounces+brianmann57=comcast.net at mailman.howtosellyourhomein5days.
com
[mailto:5-dayforum-bounces+brianmann57=comcast.net at mailman.howtosellyourhome
in5days.com] On Behalf Of Victoria Martocci
Sent: Wednesday, July 07, 2010 8:51 AM
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: [5-DayForum] Pittsburgh, PA- help please

 

Hi all,

 

I have a house that is in Penn Hills, PA, not too far from Pittsburgh. I
live near Philadelphia and was wondering if there is anyone local that could
help me w the sale or someone that I could pay to run it. Thanks in advance
for your advice. Do you think I'd be nuts to run this long distance and only
show up for Saturday and Sunday?

 

Victoria

 

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From rosemariebelcher at gmail.com  Wed Jul  7 09:58:32 2010
From: rosemariebelcher at gmail.com (Rosemarie Belcher)
Date: Wed, 7 Jul 2010 09:58:32 -0400
Subject: [5-DayForum] RE lawyer scaring me about 5-day sales!
In-Reply-To: <308450.74448.qm@web82601.mail.mud.yahoo.com>
References: <308450.74448.qm@web82601.mail.mud.yahoo.com>
Message-ID: <AANLkTimrJXWsojTOj2GNqxcku2c5iaGBVdU4jJnejaCr@mail.gmail.com>

Don't they always say that a verbal agreement isn't worth the paper it's
written on?  Is a verbal contract binding in your state? I hesitate to argue
with paid legal advice, but what's to stop you from being the highest bidder
yourself?  If your highest bidder (other than you) tried to hire a lawyer, I
think he would have a problem getting one to take the case. It might be fun
to call a lawyer pretending to be that high bidder and see what he says. I
think you are over-thinking this. It is a marketing system, that's all. If
you are scared and nervous as you meet the people at your sale you could
jinx the whole thing, so I suggest that if you are really scared of all
these scenarios, you just list it with a realtor.
I hope you will pursue this, and sell your home for a good price!
Rosemarie

On Tue, Jul 6, 2010 at 12:58 PM, Korge Mori <medic_korge at yahoo.com> wrote:

> >From Korge / Piqua OH
> OK, need some encouragement here...
> I just finished talking to a RE lawyer about selling my Piqua home at the
> end of the month using the 5-day sale plan.  His words to me were,
> essentially, "I'm scared for you to sell your home this way.  What if you
> sell your home at or near your posted price?  You have vebally obligated
> yourself to selling your home at that price if that is the highest bid."  My
> wife, who used to be a banker, said, "You know, let's say you sold your home
> and it's $20,000 under mortgage.  Sure, the bank can take that price and
> say, 'OK, we'll just refinance the remaining part of your sold mortgage onto
> your existing home mortgage and use your existing home as collateral... oh,
> wait, your current home doesn't have enough equity in it and our appraiser
> says your current home value won't cover the sale, so we'll just have to
> give you an exorbitant interest rate...'" She also says, "If the lawyer is
> correct about being verbally obligated to selling your home just over
>  $24,500 if that's the highest bid, well then what's to stop that high
> bidder to turn around and say, 'Well, you said the house will sell to the
> high bidder, so I'm hiring a lawyer to see to it that you're good on your
> word."
> I know this has been covered in the archives.  The only thing that I have
> read on the posts (let me know otherwise) is that when the high bid is not
> high enough, then you just tell the high bidder that it's not high enough
> and you either work out an agreement to make it high enough or they just
> understand that it's not high enough and both parties walk away.  Bill's
> book promises that there is NO RISK in this plan, but it seems to me that
> there is considerable risk.
> I've read the examples about, "If you walk into a bar with a $100 bill.."
> and "But just look up a Ferrari on ebay! the starting bid is around $.01,
> but EVERYBODY knows that that's too outrageous a deal..."  So I understand
> the concept in those scenarios.  What I am concerned with is the legal risk
> if the high bid comes in considerably under mortgage.  To me, this system
> now seems to be more than just a pricing mechanism - you really can be
> legally bound to the low price that you set.
> Please advise!
>
>
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
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From rosemariebelcher at gmail.com  Wed Jul  7 10:12:28 2010
From: rosemariebelcher at gmail.com (Rosemarie Belcher)
Date: Wed, 7 Jul 2010 10:12:28 -0400
Subject: [5-DayForum] Selling my home in Piqua, OH!
In-Reply-To: <910001.29034.qm@smtp109-mob.biz.mail.ac4.yahoo.com>
References: <910001.29034.qm@smtp109-mob.biz.mail.ac4.yahoo.com>
Message-ID: <AANLkTimogT90QcbLED-aZg4c6V79Ce6TXZ_mIpK_WRyF@mail.gmail.com>

If you need top dollar, you may be in the wrong place. This system usually
gets a bargain for the buyer, and enough to be able to move on for the
seller, or so it seems from the listings on the forum over the years. And in
our current real estate climate all bets are off! No one on his forum can
give you a guarantee of results. Real estate transactions take time. If
someone has to apply for a loan, it will take at least 30 days; the lender
will require an appraisal, an inspection, repairs resulting from the
inspection; there will have to be a title search, a lot of other paperwork.
And then they may get turned down. I know the book says to get to it on
Monday morning, but I thinks it's a bit unrealistic to think you could close
right away unless the buyer has cash in hand. Even then, there are things
that have to be done.
I don't know your numbers, but as a real estate investor I have often
stepped into someone's mortgage and taken over payments if I could rent or
lease-option the property for more than the monthly payment. This works for
people whose main need is to move in a hurry and get rid of the house. It's
risky - you have to be assured that the investor will actually pay the
mortgage - but it has worked for me. If you want to send the numbers to me
privately, I can give you more information.
Rosemarie

On Sun, Jul 4, 2010 at 4:32 PM, Korge Mori <medic_korge at yahoo.com> wrote:

> Thanks for the input, Tom! I'm telling you, when someone like me who just
> got onto the forum gets a response from one of the (smart and experienced!)
> regular



> commentators, it's like getting a letter back from Oprah or the President
> or something!... Ok, anyways, I contacted my title agent, and truth be told
> she didnt seem like she was interested (or maybe I didn't explain myself
> well enough) in being what I would expect to be my settlement agent.  She
> immediately sent me a blank copy of a settlement contract and the lead paint
> disclosure form.  That's it. Aren't I supposed to sic her on the buyer
> monday morning? Isn't she supposed to handle the contacts and stuff? I don't
> know. So I'll call a couple of RE attorney numbers she gave me.  Maybe
> that's how it's done in Ohio.
>
> My question really was about what I should expect from my buyer. Doesn't
> she have to have a settlement agent of sorts as well? And do I tell him that
> he needs to be prepared for that during the open house or something?  It's
> just the urgency of the whole thng makes me believe that if I don't provide
> the buyer some reasonable access to a financier or independent settement
> agent, then the one buyer who sees the signs on the street who feels that my
> home is the one of his dreams will come to the open house with nothing but a
> wish and think, "well, I don't have all my ducks in a row right now, and all
> these people here look serious... Boy, this sure was wishful thinking on my
> part. I'll have to just let this one go."  Maybe another way to express my
> concern is, it seems highly unlikely that my home will actually be sold in 5
> days.  It seems more like I can find the TMV of my home in 5 days, but the
> financing and closing part.. Well, you're on your own, and that could take
> weeks (which I don't have), depending on how qualified the buyer is. Does
> any of this make sense? I need someone to assure me here on this forum that
> this system attracts the serious buyers who are willing and, more
> importantly, READY to pay top dollar for my home in the shortest amount of
> time, because that's what I need (top dollar) and that's what I have (short
> time).  Thanks again all!
>
> -- Sent from my Palm Pre
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
>
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From ljohnsonjr at ec.rr.com  Wed Jul  7 12:42:05 2010
From: ljohnsonjr at ec.rr.com (Loran Johnson)
Date: Wed, 7 Jul 2010 12:42:05 -0400
Subject: [5-DayForum] questions Re: upcoming 5 day sale
Message-ID: <4CE76682E3EB4359A88A5758A1D45990@loranpc>

I am planning a five day sale in North Carolina the weekend of the 17th.  I am the owner of this property and am  a licensed RE broker and also have an Auctioneers license. My question is, should I put my property in the MLS at  market/appraised value, a few days before the weekend open house and allow no showings until we have the open house on the weekend? I also plan to send an email blast to all the realtors in my area ,as well as Craig's List, Postlets and various other internet RE sites and  placing signs in and around the neighborhood. I am also wondering if it is cost effective to place an ad in our local newspaper which has seen a severe decline in RE classifieds. Thanks 
Loran Johnson
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From tomhoffman at live.com  Wed Jul  7 12:58:05 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Wed, 7 Jul 2010 10:58:05 -0600
Subject: [5-DayForum] RE lawyer scaring me about 5-day sales!
In-Reply-To: <AANLkTimrJXWsojTOj2GNqxcku2c5iaGBVdU4jJnejaCr@mail.gmail.com>
References: <308450.74448.qm@web82601.mail.mud.yahoo.com>,
	<AANLkTimrJXWsojTOj2GNqxcku2c5iaGBVdU4jJnejaCr@mail.gmail.com>
Message-ID: <BLU135-W20A4F61C17FCAA79760D26B0B30@phx.gbl>


Rosemarie hit the nail right on the head. You are over thinking the process. In the sample materials in the back of the book (2nd edition) there is a page called bidding method with ten rules. This is an example and you can add or change the rules to make you feel comfortable. For example: The seller reserves the right to to cancel the sale at anytime prior to accepting a written offer. OR  The owner reserves the right to accept, reject or make a counter-offer to the highest bidder.

The purpose of the 5 day sale is to find the highest bidder, the next step is to take the highest bidder and yourself to an attorney to write a contract, next step , seller takes copy of signed contract to a title company, Buyer takes compy of signed contract to their mortgage company unless paying cash. The attorney may take care of the title company and arrange a closing.

You're are doing good, just keep going.  I have talked to several attorneys and often get the same response you did until I ask them if they have read the book. Once they see and read the book the responses change.

Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 


Date: Wed, 7 Jul 2010 09:58:32 -0400
From: rosemariebelcher at gmail.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: Re: [5-DayForum] RE lawyer scaring me about 5-day sales!

Don't they always say that a verbal agreement isn't worth the paper it's written on?  Is a verbal contract binding in your state? I hesitate to argue with paid legal advice, but what's to stop you from being the highest bidder yourself?  If your highest bidder (other than you) tried to hire a lawyer, I think he would have a problem getting one to take the case. It might be fun to call a lawyer pretending to be that high bidder and see what he says. I think you are over-thinking this. It is a marketing system, that's all. If you are scared and nervous as you meet the people at your sale you could jinx the whole thing, so I suggest that if you are really scared of all these scenarios, you just list it with a realtor.
I hope you will pursue this, and sell your home for a good price!
Rosemarie


On Tue, Jul 6, 2010 at 12:58 PM, Korge Mori <medic_korge at yahoo.com> wrote:

>From Korge / Piqua OH
OK, need some encouragement here...
I just finished talking to a RE lawyer about selling my Piqua home at the end of the month using the 5-day sale plan.  His words to me were, essentially, "I'm scared for you to sell your home this way.  What if you sell your home at or near your posted price?  You have vebally obligated yourself to selling your home at that price if that is the highest bid."  My wife, who used to be a banker, said, "You know, let's say you sold your home and it's $20,000 under mortgage.  Sure, the bank can take that price and say, 'OK, we'll just refinance the remaining part of your sold mortgage onto your existing home mortgage and use your existing home as collateral... oh, wait, your current home doesn't have enough equity in it and our appraiser says your current home value won't cover the sale, so we'll just have to give you an exorbitant interest rate...'" She also says, "If the lawyer is correct about being verbally obligated to selling your home just over
 $24,500 if that's the highest bid, well then what's to stop that high bidder to turn around and say, 'Well, you said the house will sell to the high bidder, so I'm hiring a lawyer to see to it that you're good on your word."
I know this has been covered in the archives.  The only thing that I have read on the posts (let me know otherwise) is that when the high bid is not high enough, then you just tell the high bidder that it's not high enough and you either work out an agreement to make it high enough or they just understand that it's not high enough and both parties walk away.  Bill's book promises that there is NO RISK in this plan, but it seems to me that there is considerable risk.
I've read the examples about, "If you walk into a bar with a $100 bill.." and "But just look up a Ferrari on ebay! the starting bid is around $.01, but EVERYBODY knows that that's too outrageous a deal..."  So I understand the concept in those scenarios.  What I am concerned with is the legal risk if the high bid comes in considerably under mortgage.  To me, this system now seems to be more than just a pricing mechanism - you really can be legally bound to the low price that you set.
Please advise!




_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum

 		 	   		  
_________________________________________________________________
The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail.
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From wangsgard at gmail.com  Wed Jul  7 16:59:38 2010
From: wangsgard at gmail.com (Jeff Wangsgard)
Date: Wed, 7 Jul 2010 14:59:38 -0600
Subject: [5-DayForum] getting back in the game
Message-ID: <AANLkTinZOy4CnHHO2h8pmORFByf8xdym48jOeU6XMdgM@mail.gmail.com>

HI guys
About 4 years ago I bought two of Bills books and sold  a couple of houses
using the 5 day method....then I quit selling houses.  I just got hooked up
with one that I am going to flip and decided to see how things were going
with the 5 day in this market.  I am in Utah not that it matters any but
what can anyone tell me about this market and the 5 day method?  Still
working out ok?  The house I have seems to have equity.  should be some room
to wiggle a bit I hope.
THanks

-- 
Jeff
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From t_schenck at hotmail.com  Thu Jul  8 11:47:32 2010
From: t_schenck at hotmail.com (Tony Schenck)
Date: Thu, 8 Jul 2010 11:47:32 -0400
Subject: [5-DayForum] inquiries by brokers "seeking fee protection"
In-Reply-To: <AANLkTinZOy4CnHHO2h8pmORFByf8xdym48jOeU6XMdgM@mail.gmail.com>
References: <AANLkTinZOy4CnHHO2h8pmORFByf8xdym48jOeU6XMdgM@mail.gmail.com>
Message-ID: <BAY140-W103CEBC2D02AD6BC060FE99FB40@phx.gbl>


To all on the Forum:
This topic has been discussed quite a bit. I may have missed something, but would not a simple solution be to state something like the following in answer to inquiries by brokers "seeking fee protection".
 
"Realtors are welcome to bring prospective buyers to the Open House to inspect and bid in the round robin -- with the following proviso: the realtor must make clear to the buyer that his/her bid will be ranked, net of any fee payable to you, against other bids that may come from buyers who may not have come through a realtor.
 
For example your fee is 3% against the sale price and will be paid from the proceeds at time of closing. At a given moment on Sunday night the existing high bid for a property is $96,500. Since bids must be submitted in minimum $500 increments, the next bid must be $97,000 or above. That means your buyer must submit a minimum bid of $100,000 which net of a 3% commision would be $97,000."
 
Perhaps an email could go out to realtor offices sometime before the weekend with info on the open house and a statement about how bids are ranked net of any fees attached.
 
Tony






  		 	   		  
_________________________________________________________________
The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail.
http://www.windowslive.com/campaign/thenewbusy?tile=multiaccount&ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_4
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From afastclose at gmail.com  Thu Jul  8 12:38:31 2010
From: afastclose at gmail.com (Kimberly Francis)
Date: Thu, 8 Jul 2010 12:38:31 -0400
Subject: [5-DayForum] Advertising Tip
Message-ID: <AANLkTinGBSTGIdX-ZvbtrzMHXQ2YcxwRsAcmEvtYB03O@mail.gmail.com>

Hello everyone,
One of the reoccurring questions on this forum is about the best ways to
advertise your 5 day sale. This may help, especially if your in the business
of helping other people sell their homes.  It's  free software, really, it
is free, but only until midnight on Thur, 7/7 called Sellpoint.  It will
blast out your property to over 40 online sites with pictures, video, a url
to then put on an ad site like craigslist, and a whole lot more.  There are
absolutely no strings attached so check it out.  I'm sure it will get your
sale noticed.
Here's the link:

http://www.simsprofits.com/?1192492<http://click.icptrack.com/icp/relay.php?r=41855877&msgid=291796&act=9YOX&c=670215&destination=http%3A%2F%2Fwww.simsprofits.com%2F%3F1192492>

Loran, this should be a difference for your businesses.

Kim
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From americanartfestivals at yahoo.com  Thu Jul  8 11:45:21 2010
From: americanartfestivals at yahoo.com (American Art Festivals)
Date: Thu, 8 Jul 2010 08:45:21 -0700 (PDT)
Subject: [5-DayForum] Question about On-Line Advertising Sites
Message-ID: <809462.15762.qm@web83405.mail.sp1.yahoo.com>

I'm planning on holding a 5-Day Sale the weekend of July 17th in Incline 
Village, NV (Lake Tahoe) for my 4-bedroom family home.  I'll be advertising in 
the local newspapers plus putting out signs around town.  Yet, I think that 
these days online advertising probably will work better than other methods.  My 
problem is that all I know about is Craig's List which I'll, of course, use over 
the 5 days.  I looked at EBay, but they only seem to have their own auction 
program and classified advertising at a set sales price.  


I would like to find out about more Internet sites that have worked for others 
selling their homes using the 5-day method.

Thank you!
Warren  
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From varinia61 at hotmail.com  Thu Jul  8 12:47:18 2010
From: varinia61 at hotmail.com (michaela graham)
Date: Thu, 8 Jul 2010 12:47:18 -0400
Subject: [5-DayForum] inquiries by brokers "seeking fee protection"
In-Reply-To: <BAY140-W103CEBC2D02AD6BC060FE99FB40@phx.gbl>
References: <AANLkTinZOy4CnHHO2h8pmORFByf8xdym48jOeU6XMdgM@mail.gmail.com>,
	<BAY140-W103CEBC2D02AD6BC060FE99FB40@phx.gbl>
Message-ID: <BAY148-w14AA676F0E3BF505797A30A2B40@phx.gbl>


This is just my opinion, but I have no problem working with an agent,
if they bring a buyer, even if the fee comes out of my share. Reason
being, that that may put twice as many bidders into the game and
likely will increase the price by more than the agent's fee, as there's
more competition.

So, in my opinion, making the agents feel unwanted, is cutting off
my nose to spite my face.

Just my opinion

Michaela

From: t_schenck at hotmail.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Date: Thu, 8 Jul 2010 11:47:32 -0400
Subject: [5-DayForum] inquiries by brokers "seeking fee protection"








To all on the Forum:
This topic has been discussed quite a bit. I may have missed something, but would not a simple solution be to state something like the following in answer to inquiries by brokers "seeking fee protection".
 
"Realtors are welcome to bring prospective buyers to the Open House to inspect and bid in the round robin -- with the following proviso: the realtor must make clear to the buyer that his/her bid will be ranked, net of any fee payable to you, against other bids that may come from buyers who may not have come through a realtor.
 
For example your fee is 3% against the sale price and will be paid from the proceeds at time of closing. At a given moment on Sunday night the existing high bid for a property is $96,500. Since bids must be submitted in minimum $500 increments, the next bid must be $97,000 or above. That means your buyer must submit a minimum bid of $100,000 which net of a 3% commision would be $97,000."
 
Perhaps an email could go out to realtor offices sometime before the weekend with info on the open house and a statement about how bids are ranked net of any fees attached.
 
Tony






  		 	   		  
The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. Get busy. 		 	   		  
_________________________________________________________________
The New Busy is not the old busy. Search, chat and e-mail from your inbox.
http://www.windowslive.com/campaign/thenewbusy?ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_3
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From t_schenck at hotmail.com  Thu Jul  8 14:35:57 2010
From: t_schenck at hotmail.com (Tony Schenck)
Date: Thu, 8 Jul 2010 14:35:57 -0400
Subject: [5-DayForum] inquiries by brokers "seeking fee protection"
In-Reply-To: <BAY148-w14AA676F0E3BF505797A30A2B40@phx.gbl>
References: <AANLkTinZOy4CnHHO2h8pmORFByf8xdym48jOeU6XMdgM@mail.gmail.com>, ,
	<BAY140-W103CEBC2D02AD6BC060FE99FB40@phx.gbl>,
	<BAY148-w14AA676F0E3BF505797A30A2B40@phx.gbl>
Message-ID: <BAY140-W72AB3DAA5692F50347E509FB40@phx.gbl>


Hi Michaela --

 

Thanks! You are probably right...simplest way to go if you are going to welcome or even

try to attract brokers to the sale.




 



From: varinia61 at hotmail.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Date: Thu, 8 Jul 2010 12:47:18 -0400
Subject: Re: [5-DayForum] inquiries by brokers "seeking fee protection"



This is just my opinion, but I have no problem working with an agent,
if they bring a buyer, even if the fee comes out of my share. Reason
being, that that may put twice as many bidders into the game and
likely will increase the price by more than the agent's fee, as there's
more competition.

So, in my opinion, making the agents feel unwanted, is cutting off
my nose to spite my face.

Just my opinion

Michaela



From: t_schenck at hotmail.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Date: Thu, 8 Jul 2010 11:47:32 -0400
Subject: [5-DayForum] inquiries by brokers "seeking fee protection"



To all on the Forum:
This topic has been discussed quite a bit. I may have missed something, but would not a simple solution be to state something like the following in answer to inquiries by brokers "seeking fee protection".
 
"Realtors are welcome to bring prospective buyers to the Open House to inspect and bid in the round robin -- with the following proviso: the realtor must make clear to the buyer that his/her bid will be ranked, net of any fee payable to you, against other bids that may come from buyers who may not have come through a realtor.
 
For example your fee is 3% against the sale price and will be paid from the proceeds at time of closing. At a given moment on Sunday night the existing high bid for a property is $96,500. Since bids must be submitted in minimum $500 increments, the next bid must be $97,000 or above. That means your buyer must submit a minimum bid of $100,000 which net of a 3% commision would be $97,000."
 
Perhaps an email could go out to realtor offices sometime before the weekend with info on the open house and a statement about how bids are ranked net of any fees attached.
 
Tony






 


The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. Get busy. 


The New Busy is not the old busy. Search, chat and e-mail from your inbox. Get started. 		 	   		  
_________________________________________________________________
The New Busy is not the old busy. Search, chat and e-mail from your inbox.
http://www.windowslive.com/campaign/thenewbusy?ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_3
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From afastclose at gmail.com  Thu Jul  8 16:29:00 2010
From: afastclose at gmail.com (Kimberly Francis)
Date: Thu, 8 Jul 2010 16:29:00 -0400
Subject: [5-DayForum] oopps...advertising tip
Message-ID: <AANLkTilErJ5L5xqYuzksrtZJwfVfb2Jub5e763iM8dfr@mail.gmail.com>

Sorry guys, I failed to realize that the posts wouldn't go out until the
next day.

Hit the link anyways...it now has great content on property launches, which
is just a different twist on the 5 day sale.

Kim
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From tomhoffman at live.com  Thu Jul  8 17:55:46 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Thu, 8 Jul 2010 15:55:46 -0600
Subject: [5-DayForum] FW: 5-day sale questions
In-Reply-To: <825469.80459.qm@smtp113-mob.biz.mail.ne1.yahoo.com>
References: <BLU135-W2094B3C6106BBBA55E7AF4B0B40@phx.gbl>,
	<825469.80459.qm@smtp113-mob.biz.mail.ne1.yahoo.com>
Message-ID: <BLU135-W1867CD70100368581BEB50B0B40@phx.gbl>




Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 


Date: Thu, 8 Jul 2010 08:39:25 -0400
From: medic_korge at yahoo.com
To: tomhoffman at live.com
Subject: RE: 5-day sale questions

This is GOOD STUFF - very encouraging - thank you so much! Yesterday ended up being a busy day for me at the firehouse and I ddnt have the opportunity until late to sit down on the phone with you.  I have a few questions about some of the particulars and would like to give you a call later today if you have the chance. I know that CO is at least 2 hrs behind me! So I'll try to be reasonable when I call. Tom, this help that you're offering me, especially with advise on the settlement portion (this to me is the scariest part, and the Book doesn't really help beyond the bidding) is a gold mine for me, and I truly thank you and appreciate it. PS - this is stuff that I would like to see on the forum as well - could you forward your last email to the forum? I haven't been approved as a member yet, so I can't post things automatically. Until then, it's the "backchannels" for me, as Bill would say...
-Korge




-- Sent from my Palm Pre


On Jul 8, 2010 12:29 AM, Tom Hoffman <tomhoffman at live.com> wrote: 

Howdy, I'm not too good at cut n paste  so tried to answer you concerns in your letter.
Hope your hazard materials call turned out ok and no one was hurt. The finances and houses and banks may seem important but they aren't compared to human life.
Thank God
Ps. I have a brother in westerville ohio. Is it close to you?

Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 
> Date: Tue, 6 Jul 2010 19:29:23 -0700
> From: medic_korge at yahoo.com
> Subject: 5-day sale questions
> To: tomhoffman at live.com
> 
> Mr. Hoffman:
> 
> I am writing you directly as a result of trying to get some feedback on my 5-day 
> sale that I have posted on the 5-Day Forum - it seems that Mr. Effros is having 
> an extended weekend, and I haven't been able to get subsequent postings approved 
> since my first one from last Saturday.
> 
> You replied to my first posting with questions as to the settlement agent that I 
> have.  This is ending up kind of frustrating for me.  I contacted my title 
> agency to see if they would be my settlement agent.  In response, they just 
> emailed me a copy of the contract and the necessary dislosure forms - that's 
> it.  I was under the impression that They would have "someone" represent me as 
> the seller at the closing table, and all I had to do was hand the prospective 
> buyer over to them Monday moning. 
Yes this is not the case as in most states they cannot write contracts. There job is to see that the terms of the contract are met. They are like the referee in a football game, not representing anyone but seeing all the rules are followed.
Call the local board of Realtors and ask them for numerous title companies and title company reps. Ask these title companies for names of attorneys who are familiar with FSBO or For Sale By Owner
 This was seemingly not the case.  So I called 
> and asked if they could refer me to a RE lawyer, and they gave me two numbers.  
> I called both.  One didn't call me back.  The other didn't know what a 5-day 
> sale was, so I had to explain the basics to him (so already I'm behind the 
> 8-ball with this guy).  He said, "The one thing that I fear is that, by stating 
> a low price on all of your advertising, you are essentially making a verbal 
> contract to sell the home at that price should that end up being the high bid.  
> Once you legally obligate yourself to that, then what will you do if the price 
> is too low and the bank won't accept?"  Well, I'm floored by this advice that 
> I'm getting from a RE lawyer, and I'm starting to think that maybe this 5-day 
> thing IS a scam! 
The 5 day sale is not a scam. I am not an attorney but let me give you my personal slant. I want to dissect just a little of what the attorney said and he obviously hasn't read the book which is unfortunate.  If I say I will sell you my house for xyz and you accept then there is a contract. In most states real estate contracts have to be in writing and I think the attorney is referring to printed advertising material. The printed material says  "$$$ or Best Reasonable Offer". We know right off the bat $$$ is not reasonable and any reasonable person would know selling a home at $$$ is not reasonable.  2. Who is to say someone else, wife, friend, parent couldn't enter a higher bid. You technically could tell a potential buyer you had an offer from a real estate broker in colorado. Now if your buyer were to raise the bid that would be a counter offer and negate anything on the sign. Your mortgage company has a higher offer in terms of your mortgage.
 
I believe there are some things you need to do to have a great sale. 1. Instead of using the word "sold" as in "House will be sold to the HIGHEST BIDDER" use the word "Offered"
"House will be offered to the HIGHEST BIDDER".
2. Get a brochure box to put on the hand written yard sign and in the brochure box have flyers that briefly describe the property and on the backside of the flyer have the bidding method or rules. I will try to send you a copy of the rules I use.
3. It is essential everyone attending the sales gets a set of the "rules" bidding method. It is your game you make the rules and as long as everyone knows the rules the game can proceed.
 
 I've been poring through the archives, and more often than not 
> people are posting horror stories of the offers that they're getting.  In fact, 
> I can't find any good stories, other than the ones where people are forcing 
> themselves to look at the bright side of things...
 
Many think this is a magic way to sell a property that will give them more than market value for their property. It will not but what is does is brings lots of potential buyers to see the property and establish the true market value. Most Realtors use a method called a "Dutch Auction" to market properties. They price the house high and continually lower the price until someone buys it. The 5 day sale is the reverse as it starts low  and goes higher. I have been to many auctions where the auctioneer starts high and gets no bids and continually drops the price until someone bids and then the auctioneer goes higher and continues going higher sometimes even past the initial  opening offer. Many recently on the forum are disappointed because their expectations are unrealistic. I am not hearing or seeing this from you.
> 
> My thinking right now is, I'm going to go through with this 5-day thing, even 
> though the Forum does not seem to have much participation anymore.  I'll accept 
> whatever high offer is available on Sunday night (not this Sunday) and close 
> this thing as best as I can on the Monday.
> I would suggest that rather than 5 days you start promoting  ten days out, so if you are going to do sale the weekend of the 24th and 25th you start sign in yard etc on July 14th.

> My concern right now is, am I supposed to approach my bank NOW and explain to 
> them, "Hey, I might have to short sale this thing," or do I wait until Monday 
> morning, go to the bank with the buyer and say, "OK, this is what I got, it's 
> the best I can get, and it's probably the best you'll ever get.  Take it or 
> leave it."? 
Don't do anything with any bank yet. I will coach you on what to do with the bank or banks after the sunday night round robin bidding. Short Sale may not be the answer and there may be many other options if the 5 day sale doesn't work but it will work. I personally wish all of the banks would do 5 day sales as they would not have to suffer as much brain damage as they are going through now with their archaic short sale processes.
 
 And in the second scenario, am i supposed to just propose a short 
> sale, take a credit hit, and just move on with my life?  At any rate, I'm 
> currently convinced that I WON'T get more than I owe the bank, that I'll 
> probably get less, and that I better prepare myself for that reality now as 
> opposed to later.  Oh, and, as the lawyer guy has convinced me, I'm concerned 
> about the legality of all of this now as well (I'm in Ohio).
 
What you need from an attorney now is to know that when you get a buyer the attorney will put the agreement in writing so it can go to a title or escrow company to close.
> 
> Thoughts?  If you can cut and paste this onto the Forum, I'd appreciate it.  
> Thanks.
> 
> Korge Mori
> 614.432.6674
> 
> 
> 




The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. Get busy.  		 	   		  
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From damian_colden at yahoo.com  Thu Jul  8 18:30:13 2010
From: damian_colden at yahoo.com (Damian Colden)
Date: Thu, 8 Jul 2010 15:30:13 -0700 (PDT)
Subject: [5-DayForum] RE lawyer scaring me about 5-day sales!
In-Reply-To: <308450.74448.qm@web82601.mail.mud.yahoo.com>
References: <308450.74448.qm@web82601.mail.mud.yahoo.com>
Message-ID: <221308.76744.qm@web53108.mail.re2.yahoo.com>

Korge - 

Tom is giving you really good advice. If you find that the time difference is 
too cumbersome, feel free to contact me. I'm in Michigan and a Michigan Realtor. 
I think Ohio RE laws are very similar to ours,. Would more than glad to help you 
out. If you are having a hard time finding an RE lawyer to assist you, an 
alternative is to go to a Realtor and have them act as a Transaction 
Coordinator. I can help you find someone to do that, if you desire.

 Dac Colden
Realtor/Investor





________________________________
From: Korge Mori <medic_korge at yahoo.com>
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Sent: Tue, July 6, 2010 12:58:49 PM
Subject: [5-DayForum] RE lawyer scaring me about 5-day sales!

>From Korge / Piqua OH
OK, need some encouragement here...
I just finished talking to a RE lawyer about selling my Piqua home at the end of 
the month using the 5-day sale plan.  His words to me were, essentially, "I'm 
scared for you to sell your home this way.  What if you sell your home at or 
near your posted price?  You have vebally obligated yourself to selling your 
home at that price if that is the highest bid."  My wife, who used to be a 
banker, said, "You know, let's say you sold your home and it's $20,000 under 
mortgage.  Sure, the bank can take that price and say, 'OK, we'll just refinance 
the remaining part of your sold mortgage onto your existing home mortgage and 
use your existing home as collateral... oh, wait, your current home doesn't have 
enough equity in it and our appraiser says your current home value won't cover 
the sale, so we'll just have to give you an exorbitant interest rate...'" She 
also says, "If the lawyer is correct about being verbally obligated to selling 
your home just over
$24,500 if that's the highest bid, well then what's to stop that high bidder to 
turn around and say, 'Well, you said the house will sell to the high bidder, so 
I'm hiring a lawyer to see to it that you're good on your word."
I know this has been covered in the archives.  The only thing that I have read 
on the posts (let me know otherwise) is that when the high bid is not high 
enough, then you just tell the high bidder that it's not high enough and you 
either work out an agreement to make it high enough or they just understand that 
it's not high enough and both parties walk away.  Bill's book promises that 
there is NO RISK in this plan, but it seems to me that there is considerable 
risk.
I've read the examples about, "If you walk into a bar with a $100 bill.." and 
"But just look up a Ferrari on ebay! the starting bid is around $.01, but 
EVERYBODY knows that that's too outrageous a deal..."  So I understand the 
concept in those scenarios.  What I am concerned with is the legal risk if the 
high bid comes in considerably under mortgage.  To me, this system now seems to 
be more than just a pricing mechanism - you really can be legally bound to the 
low price that you set.
Please advise!


      

_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum



      
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From medic_korge at yahoo.com  Thu Jul  8 16:58:20 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Thu, 8 Jul 2010 13:58:20 -0700 (PDT)
Subject: [5-DayForum] RE lawyers in Ohio who are familiar with the 5-day sale
Message-ID: <426085.37197.qm@web82601.mail.mud.yahoo.com>

OK, I don't see my messages being posted, but I'll keep trying to post 
anyways...

So I'm trying to call RE lawyers around the Dayton/Miami Valley area who are 
familiar with the 5-day sale system.? I've called 10 so far.? All who have 
responded to my phone calls have never heard of the the 5-day sale, the book 
"How to Sell Your Home in 5 Days," or Bill Effros.? Most have listened to my 
explanation of the system with lots of intrigue, and some are leary of the 
"$(50% value) or best offer" statement being advertised.

I guess I'm getting very anxious about this whole thing.? I want to do this, but 
the ONLY people who have heard of this system are people that are on this forum, 
and I can't even get my posts up!? Tom Hoffman has been kind enough to open up a 
"back channel" with me, which I appreciate.? Still, The sense that I get from 
the book is that when you advertise over the 5 days, it's supposed to bring out 
at least the handful of serious buyers who are familiar with the system - I 
repeatedly read through Bill's posts in the Forum that people who come out to 
5-day sales know what the system is all about, and will likely be among?the 
serious buyers.? But I can't even find professionals in the RE industry who know 
what I'm talking about, let alone Joe Schmo on the street looking for a home!

I believe my home is valued at somewhere between $60-80k, so that puts my 
advertised price squarely at $24,500.? I'm guessing that I will come short of my 
mortgage, and so I'm trying to figure out what to do after the bidding is over.? 
I'll accept the high bid, bring it to contract and (hopefully) a quick closing, 
but my concern is what I'm left with - a short sale? a bad credit rating? a good 
laugh and a firm "no" from my bank?? These are the issues that I can't seem to 
find a good answer to and that the book (and this forum) seems to leave wanting.

Thoughts, please.

-Korge


      


From rosemarie-fred at mindspring.com  Fri Jul  9 15:25:38 2010
From: rosemarie-fred at mindspring.com (Fred & Rosemarie Belcher)
Date: Fri, 9 Jul 2010 15:25:38 -0400 (EDT)
Subject: [5-DayForum] RE lawyers in Ohio who are familiar with the 5-day
 sale
Message-ID: <18559878.1278703538886.JavaMail.root@elwamui-rubis.atl.sa.earthlink.net>


I have replied to you twice now, so your posts are getting through. My first reply came through a different email address, and I think maybe it didn't come through - maybe Bill is on vacation.
Anyway, this is a marketing system. That's all. It doesn't really matter to the lawyer how you found your buyer, does it? You show up with a buyer and ask the lawyer to do the work necessary to transfer ownership. The buyer has to find a lender, if it's not a cash sale, and you may want to keep in touch with your #2 in case the #1 doesn't get the loan. If your buyer has cash, I would consider that as a couple of thousand on to the bidding price, as it will save you that much in holding costs while you wait for a loan to get approved. Your high bidder may not be the person who bids the most money, in that case, but the person who is most likely to close. Didn't you say you were in a hurry?
As far as RE people not having heard of this, that is not surprising, as it is designed to leave them out of the loop! And it doesn't matter. It's only a marketing system!
If I can find my first reply to you I will resend, as I think it addresses some of your other concerns.
Good luck
Rosemarie

-----Original Message-----
>From: Korge Mori <medic_korge at yahoo.com>
>Sent: Jul 8, 2010 4:58 PM
>To: 5-dayforum at howtosellyourhomein5days.com
>Subject: [5-DayForum] RE lawyers in Ohio who are familiar with the 5-day sale
>
>OK, I don't see my messages being posted, but I'll keep trying to post 
>anyways...
>
>So I'm trying to call RE lawyers around the Dayton/Miami Valley area who are 
>familiar with the 5-day sale system.? I've called 10 so far.? All who have 
>responded to my phone calls have never heard of the the 5-day sale, the book 
>"How to Sell Your Home in 5 Days," or Bill Effros.? Most have listened to my 
>explanation of the system with lots of intrigue, and some are leary of the 
>"$(50% value) or best offer" statement being advertised.
>
>I guess I'm getting very anxious about this whole thing.? I want to do this, but 
>the ONLY people who have heard of this system are people that are on this forum, 
>and I can't even get my posts up!? Tom Hoffman has been kind enough to open up a 
>"back channel" with me, which I appreciate.? Still, The sense that I get from 
>the book is that when you advertise over the 5 days, it's supposed to bring out 
>at least the handful of serious buyers who are familiar with the system - I 
>repeatedly read through Bill's posts in the Forum that people who come out to 
>5-day sales know what the system is all about, and will likely be among?the 
>serious buyers.? But I can't even find professionals in the RE industry who know 
>what I'm talking about, let alone Joe Schmo on the street looking for a home!
>
>I believe my home is valued at somewhere between $60-80k, so that puts my 
>advertised price squarely at $24,500.? I'm guessing that I will come short of my 
>mortgage, and so I'm trying to figure out what to do after the bidding is over.? 
>I'll accept the high bid, bring it to contract and (hopefully) a quick closing, 
>but my concern is what I'm left with - a short sale? a bad credit rating? a good 
>laugh and a firm "no" from my bank?? These are the issues that I can't seem to 
>find a good answer to and that the book (and this forum) seems to leave wanting.
>
>Thoughts, please.
>
>-Korge
>
>
>      
>
>_______________________________________________
>5-DayForum mailing list
>5-DayForum at mailman.howtosellyourhomein5days.com
>http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum



From rosemarie-fred at mindspring.com  Fri Jul  9 15:29:45 2010
From: rosemarie-fred at mindspring.com (Fred & Rosemarie Belcher)
Date: Fri, 9 Jul 2010 15:29:45 -0400 (EDT)
Subject: [5-DayForum] RE lawyers in Ohio who are familiar with the 5-day
 sale
Message-ID: <4481961.1278703785704.JavaMail.root@elwamui-rubis.atl.sa.earthlink.net>

Korge - this is the reply I sent to your first query, a few days ago:


If you need top dollar, you may be in the wrong place. This system usually gets a bargain for the buyer, and enough to be able to move on for the seller, or so it seems from the listings on the forum over the years. And in our current real estate climate all bets are off! No one on his forum can give you a guarantee of results. Real estate transactions take time. If someone has to apply for a loan, it will take at least 30 days; the lender will require an appraisal, an inspection, repairs resulting from the inspection; there will have to be a title search, a lot of other paperwork. And then they may get turned down. I know the book says to get to it on Monday morning, but I thinks it's a bit unrealistic to think you could close right away unless the buyer has cash in hand. Even then, there are things that have to be done.
I don't know your numbers, but as a real estate investor I have often stepped into someone's mortgage and taken over payments if I could rent or lease-option the property for more than the monthly payment. This works for people whose main need is to move in a hurry and get rid of the house. It's risky - you have to be assured that the investor will actually pay the mortgage - but it has worked for me. If you want to send the numbers to me privately, I can give you more information.
Rosemarie


-----Original Message-----
>From: Korge Mori <medic_korge at yahoo.com>
>Sent: Jul 8, 2010 4:58 PM
>To: 5-dayforum at howtosellyourhomein5days.com
>Subject: [5-DayForum] RE lawyers in Ohio who are familiar with the 5-day sale
>
>OK, I don't see my messages being posted, but I'll keep trying to post 
>anyways...
>
>So I'm trying to call RE lawyers around the Dayton/Miami Valley area who are 
>familiar with the 5-day sale system.? I've called 10 so far.? All who have 
>responded to my phone calls have never heard of the the 5-day sale, the book 
>"How to Sell Your Home in 5 Days," or Bill Effros.? Most have listened to my 
>explanation of the system with lots of intrigue, and some are leary of the 
>"$(50% value) or best offer" statement being advertised.
>
>I guess I'm getting very anxious about this whole thing.? I want to do this, but 
>the ONLY people who have heard of this system are people that are on this forum, 
>and I can't even get my posts up!? Tom Hoffman has been kind enough to open up a 
>"back channel" with me, which I appreciate.? Still, The sense that I get from 
>the book is that when you advertise over the 5 days, it's supposed to bring out 
>at least the handful of serious buyers who are familiar with the system - I 
>repeatedly read through Bill's posts in the Forum that people who come out to 
>5-day sales know what the system is all about, and will likely be among?the 
>serious buyers.? But I can't even find professionals in the RE industry who know 
>what I'm talking about, let alone Joe Schmo on the street looking for a home!
>
>I believe my home is valued at somewhere between $60-80k, so that puts my 
>advertised price squarely at $24,500.? I'm guessing that I will come short of my 
>mortgage, and so I'm trying to figure out what to do after the bidding is over.? 
>I'll accept the high bid, bring it to contract and (hopefully) a quick closing, 
>but my concern is what I'm left with - a short sale? a bad credit rating? a good 
>laugh and a firm "no" from my bank?? These are the issues that I can't seem to 
>find a good answer to and that the book (and this forum) seems to leave wanting.
>
>Thoughts, please.
>
>-Korge
>
>
>      
>
>_______________________________________________
>5-DayForum mailing list
>5-DayForum at mailman.howtosellyourhomein5days.com
>http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum



From davidlee at wi.rr.com  Fri Jul  9 19:00:29 2010
From: davidlee at wi.rr.com (David Lee)
Date: Fri, 9 Jul 2010 18:00:29 -0500
Subject: [5-DayForum] Trying 5-day rental
Message-ID: <56050342-07D1-4389-94C9-C548768F875F@wi.rr.com>

I have appreciated the input I've received from the list so I thought  
I'd give an update.

I tried a 5-day sale of my condo unit in Milwaukee WI last October and  
got some helpful input through the email list at that time.  Condo  
units are overbuilt in my market.  I cancelled the open house &  
bidding due to insufficient response (15 or 16 people had responded by  
Friday).

Then, we tried a rental broker for 6 months.  Several showings, but no  
lease.

Last month, we tried another 5-day sale, with an advertised price one  
"magic number" step above the previous ad.  Response was quite poor-- 
only 5 people responded.  I cancelled the open house & bidding again.   
I didn't want to set the advertised price any lower because if we had  
gotten sufficient response for an open house & bidding, our final bid  
price would have likely come in too low for us to accept.

So, we are trying a 5-day rental to try to get some income out of the  
property.  I put an ad in Craigslist on Tuesday (see http://milwaukee.craigslist.org/apa/1827919495.html) 
  and the local large-circulation newspaper (starting on Thursday--I  
got tripped up by the classified schedule at the newspaper).   So far,  
we've gotten 43 responses through Craigslist and 6 responses through  
our classified ad.  So, we'll be going ahead with our open house &  
bidding this weekend.

I have some questions:

1.  In the 5-day book, it says that many aspects of a 5-day rental are  
the same as a 5-day sale.  Would that include the Rule of 25?  Are my  
49 total responses so far sufficient?

2.  I set my advertised price aggressively low, about 35% of what I'm  
guessing I can realistically expect for rent, and 29% of what the  
rental broker was trying to get.  My thinking is that I didn't want  
insufficient response again and have to cancel another open house and  
have to wonder what to do next.  Is there a disadvantage to setting  
the advertised price "too low" in a 5-day rental, other than the  
increased amount of work involved due to increased responses?  Is  
there a danger that the final bid price will somehow be affected by  
the advertised price being "too low"?

Thanks in advance!

David Lee


From rosemarie-fred at mindspring.com  Fri Jul  9 23:22:59 2010
From: rosemarie-fred at mindspring.com (Fred & Rosemarie Belcher)
Date: Fri, 9 Jul 2010 23:22:59 -0400 (GMT-04:00)
Subject: [5-DayForum] Trying 5-day rental
Message-ID: <21243291.1278732180185.JavaMail.root@elwamui-polski.atl.sa.earthlink.net>


Bill once said that he routinely uses this method to rent - perhaps you can find more in the archives. My opinion on the price you use in advertising is that it really doesn't matter. It's like ebay - the price you start at may or may not have anything to do with the eventual price. The more people you have competing, the higher the price is likely to be, which is why we advertise low. I can sense your frustration with this place. Whatever you get for rent is likely to be better than what you are getting now! I hope this works out for you. 
Good luck! Please keep us informed.
Rosemarie

-----Original Message-----
>From: David Lee <davidlee at wi.rr.com>
>Sent: Jul 9, 2010 7:00 PM
>To: 5-dayforum at mailman.howtosellyourhomein5days.com
>Subject: [5-DayForum] Trying 5-day rental
>
>I have appreciated the input I've received from the list so I thought  
>I'd give an update.
>
>I tried a 5-day sale of my condo unit in Milwaukee WI last October and  
>got some helpful input through the email list at that time.  Condo  
>units are overbuilt in my market.  I cancelled the open house &  
>bidding due to insufficient response (15 or 16 people had responded by  
>Friday).
>
>Then, we tried a rental broker for 6 months.  Several showings, but no  
>lease.
>
>Last month, we tried another 5-day sale, with an advertised price one  
>"magic number" step above the previous ad.  Response was quite poor-- 
>only 5 people responded.  I cancelled the open house & bidding again.   
>I didn't want to set the advertised price any lower because if we had  
>gotten sufficient response for an open house & bidding, our final bid  
>price would have likely come in too low for us to accept.
>
>So, we are trying a 5-day rental to try to get some income out of the  
>property.  I put an ad in Craigslist on Tuesday (see http://milwaukee.craigslist.org/apa/1827919495.html) 
>  and the local large-circulation newspaper (starting on Thursday--I  
>got tripped up by the classified schedule at the newspaper).   So far,  
>we've gotten 43 responses through Craigslist and 6 responses through  
>our classified ad.  So, we'll be going ahead with our open house &  
>bidding this weekend.
>
>I have some questions:
>
>1.  In the 5-day book, it says that many aspects of a 5-day rental are  
>the same as a 5-day sale.  Would that include the Rule of 25?  Are my  
>49 total responses so far sufficient?
>
>2.  I set my advertised price aggressively low, about 35% of what I'm  
>guessing I can realistically expect for rent, and 29% of what the  
>rental broker was trying to get.  My thinking is that I didn't want  
>insufficient response again and have to cancel another open house and  
>have to wonder what to do next.  Is there a disadvantage to setting  
>the advertised price "too low" in a 5-day rental, other than the  
>increased amount of work involved due to increased responses?  Is  
>there a danger that the final bid price will somehow be affected by  
>the advertised price being "too low"?
>
>Thanks in advance!
>
>David Lee
>
>_______________________________________________
>5-DayForum mailing list
>5-DayForum at mailman.howtosellyourhomein5days.com
>http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum


From gbojovska at gmail.com  Fri Jul  9 11:35:13 2010
From: gbojovska at gmail.com (Gordana Bojovska)
Date: Fri, 9 Jul 2010 11:35:13 -0400
Subject: [5-DayForum] Starting a 5- Day Sale in Pawling, NY
Message-ID: <AANLkTineueB1NEUgV7OLhvTbQr70ltwuaMGCHxzpZlx9@mail.gmail.com>

Hi Everyone,

We are starting a 5-Day sale in Pawling, NY and are thinking about
doing a 10,000 piece targeted mailing in addition to the Craigslist,
Newspaper Ads and Auction signs.

We would be sending a postcard with a few pictures of the house on the
front in color and the word AUCTION in giant red letters over the
entire image.  On the back we were planning on putting the exact ad we
plan on using in the Newspapers to generate more interest.

We are targeting Renters and Homeowners who make 150K and up and have
a credit score of 750 and above since this is a half a million dollar
house and we hope to get close to our asking price.

Has anyone else tried this?  Are there any downsides to the idea?  The
mailings are relatively cheap by comparison- around $2,500.

We were also planning on sending a flyer to each real estate company
in the area and offering them 1% if they bring in a buyer that
weekend.  For one weekend worth of work that might be well worth it
for them.  I just don't know how to keep track of who the realtor
brings in.

Thanks!

Gordana
gbojovska at gmail.com

From kbergland at gmail.com  Fri Jul  9 16:10:17 2010
From: kbergland at gmail.com (Kara Bergland)
Date: Fri, 9 Jul 2010 15:10:17 -0500
Subject: [5-DayForum] (no subject)
Message-ID: <AANLkTikdy93DZehe9F3TLJ_paCg6sSBojJ8FK_gLrKcQ@mail.gmail.com>

http://sites.google.com/site/vfd54fdg/ngwi5o

From rosemarie-fred at mindspring.com  Sat Jul 10 09:29:57 2010
From: rosemarie-fred at mindspring.com (Fred & Rosemarie Belcher)
Date: Sat, 10 Jul 2010 09:29:57 -0400 (GMT-04:00)
Subject: [5-DayForum] Starting a 5- Day Sale in Pawling, NY
Message-ID: <10860321.1278768597918.JavaMail.root@mswamui-swiss.atl.sa.earthlink.net>


My understanding is that in at least some states you cannot have an auction unless you are a licensed auctioneer. There are many rules and regulations that most of us don't know. The process of the 5-day sale is not an auction, - you don't have a roomful of people yelling out bids. This is more like taking sealed bids, as you don't really have to tell your buyers what any other bidder is doing during the round robin.
Anyway, I suggest you check on the rules of NY state about auctions before you use that word. Especially in a big mailing like the one you are contemplating. How about "name your price," "Bid!" or even "must sell?" If I were you I would check the archives on how this has worked for houses in your price range. My impression is that it has not worked well. But I don't know that anyone has done this much marketing. Even if $2500 is not much compared to the price of the house, it is a lot if you don't sell. Your money might be better spent offering it to realtors. I would talk to a realtor about your 1% idea. Bear in mind that it has to be split between broker and agent, so it's more like half a percent. It may not be "just a weekend of work" to them if they have been showing a prospect houses for weeks. They would probably not bring them to you house if they could get their 3% from another house. Someone recently wrote about how they would add to the rules something about how a bid would need to include the realtor fee. As you conduct the round robin, you can bear that in mind - your highest bidder might be a cash buyer with no realtor even if they are offering less that a buyer with a realtor who need to get approved for a loan.
The advertising methods that seem to work are signs. Also flyers to neighbors. "Choose your new neighbor!"
I hope this is helpful, and I wish you luck. Please keep us informed.
Rosemarie

-----Original Message-----
>From: Gordana Bojovska <gbojovska at gmail.com>
>Sent: Jul 9, 2010 11:35 AM
>To: 5-dayforum at mailman.howtosellyourhomein5days.com
>Subject: [5-DayForum] Starting a 5- Day Sale in Pawling, NY
>
>Hi Everyone,
>
>We are starting a 5-Day sale in Pawling, NY and are thinking about
>doing a 10,000 piece targeted mailing in addition to the Craigslist,
>Newspaper Ads and Auction signs.
>
>We would be sending a postcard with a few pictures of the house on the
>front in color and the word AUCTION in giant red letters over the
>entire image.  On the back we were planning on putting the exact ad we
>plan on using in the Newspapers to generate more interest.
>
>We are targeting Renters and Homeowners who make 150K and up and have
>a credit score of 750 and above since this is a half a million dollar
>house and we hope to get close to our asking price.
>
>Has anyone else tried this?  Are there any downsides to the idea?  The
>mailings are relatively cheap by comparison- around $2,500.
>
>We were also planning on sending a flyer to each real estate company
>in the area and offering them 1% if they bring in a buyer that
>weekend.  For one weekend worth of work that might be well worth it
>for them.  I just don't know how to keep track of who the realtor
>brings in.
>
>Thanks!
>
>Gordana
>gbojovska at gmail.com
>_______________________________________________
>5-DayForum mailing list
>5-DayForum at mailman.howtosellyourhomein5days.com
>http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum



From Rachel at gatewaytitle.com  Sat Jul 10 14:07:58 2010
From: Rachel at gatewaytitle.com (Rachel Torchia)
Date: Sat, 10 Jul 2010 14:07:58 -0400
Subject: [5-DayForum] 5-DayForum Digest, Vol 40, Issue 6
In-Reply-To: <mailman.10.1278777607.22156.5-dayforum@mailman.howtosellyourhomein5days.com>
References: <mailman.10.1278777607.22156.5-dayforum@mailman.howtosellyourhomein5days.com>
Message-ID: <EDC76D5B36E63C46BAD006AB93588553016D954F@gta01.gta.local>

RE: Ohio sale. You would more than likely have more luck by talking to
title companies in your area. Attorneys are not required for selling
real estate in Ohio. To find one who knows, check with a title
company... Good luck!
Rachel- title company owner - NE Ohio

-----Original Message-----
From:
5-dayforum-bounces+rachel=gatewaytitle.com at mailman.howtosellyourhomein5d
ays.com
[mailto:5-dayforum-bounces+rachel=gatewaytitle.com at mailman.howtosellyour
homein5days.com] On Behalf Of
5-dayforum-request at mailman.howtosellyourhomein5days.com
Sent: Saturday, July 10, 2010 12:00 PM
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: 5-DayForum Digest, Vol 40, Issue 6

Send 5-DayForum mailing list submissions to
	5-dayforum at mailman.howtosellyourhomein5days.com

To subscribe or unsubscribe via the World Wide Web, visit
	
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayfo
rum

or, via email, send a message with subject or body 'help' to
	5-dayforum-request at mailman.howtosellyourhomein5days.com

You can reach the person managing the list at
	5-dayforum-owner at mailman.howtosellyourhomein5days.com

When replying, please edit your Subject line so it is more specific
than "Re: Contents of 5-DayForum digest..."


From SueKhalil at aol.com  Sun Jul 11 18:38:17 2010
From: SueKhalil at aol.com (SueKhalil at aol.com)
Date: Sun, 11 Jul 2010 18:38:17 EDT
Subject: [5-DayForum] Templates
Message-ID: <40291.2d3826bc.396ba1d9@aol.com>

Hi 
 
I'm unable to open the templates so I can use them for my 5-day sale  
planned for July 17.  Hope I can hear from any one who knows how to be able  to 
open the templates so I can use them.  Thanks
 
Sue
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From n4444write at aol.com  Mon Jul 12 21:23:05 2010
From: n4444write at aol.com (n4444write at aol.com)
Date: Mon, 12 Jul 2010 21:23:05 -0400
Subject: [5-DayForum] Anyone with experience collecting judgments?
Message-ID: <8CCF041141A7EE0-16CC-1880@webmail-d070.sysops.aol.com>



 

 Dear 5-day Forum folks!

I know this is off-topic, but I have a judgment in Los Angeles County against a former tenant (see, it does have some relevance to real estate!) which, with interest, has grown to about $12000.  I've never tried to collect on a judgment, so I'm looking for advice about methods and service providers which I might employ.  Thanks in advance for any personal experiences you can offer.

:)Nancy


 
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From wangsgard at gmail.com  Tue Jul 13 10:36:58 2010
From: wangsgard at gmail.com (Jeff Wangsgard)
Date: Tue, 13 Jul 2010 08:36:58 -0600
Subject: [5-DayForum] Anyone with experience collecting judgments?
In-Reply-To: <8CCF041141A7EE0-16CC-1880@webmail-d070.sysops.aol.com>
References: <8CCF041141A7EE0-16CC-1880@webmail-d070.sysops.aol.com>
Message-ID: <AANLkTim73p1KbLUkxiXWx9Ce4yjXa-F6TKxOZEufruSw@mail.gmail.com>

yes i have experience.  you can contact me and I can tell you what to expect
if you want

On Mon, Jul 12, 2010 at 7:23 PM, <n4444write at aol.com> wrote:

>
>  Dear 5-day Forum folks!
>
> I know this is off-topic, but I have a judgment in Los Angeles County
> against a former tenant (see, it does have *some *relevance to real
> estate!) which, with interest, has grown to about $12000.  I've never tried
> to collect on a judgment, so I'm looking for advice about methods and
> service providers which I might employ.  Thanks in advance for any personal
> experiences you can offer.
>
> :)Nancy
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
>


-- 
Jeff Wangsgard
wangsgard at gmail.com
801.829.7277
801.814.5333

I support the FairTax and YOU SHOULD TOO!!!
www.fairtax.org
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From t_schenck at hotmail.com  Thu Jul 15 17:10:26 2010
From: t_schenck at hotmail.com (Tony Schenck)
Date: Thu, 15 Jul 2010 17:10:26 -0400
Subject: [5-DayForum] (no subject)
Message-ID: <BAY140-W143AF15E23BFDD2D0FA5C09FBB0@phx.gbl>

http://2tqpeu253wr.tabletpresscapsules.net
 		 	   		  
_________________________________________________________________
Hotmail has tools for the New Busy. Search, chat and e-mail from your inbox.
http://www.windowslive.com/campaign/thenewbusy?ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_1
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From ken_thurman at yahoo.com  Sat Jul 10 10:31:43 2010
From: ken_thurman at yahoo.com (ken_thurman at yahoo.com)
Date: Sat, 10 Jul 2010 14:31:43 +0000
Subject: [5-DayForum] Starting a 5- Day Sale in Pawling, NY
In-Reply-To: <AANLkTineueB1NEUgV7OLhvTbQr70ltwuaMGCHxzpZlx9@mail.gmail.com>
References: <AANLkTineueB1NEUgV7OLhvTbQr70ltwuaMGCHxzpZlx9@mail.gmail.com>
Message-ID: <2023502173-1278772562-cardhu_decombobulator_blackberry.rim.net-1809837051-@bda572.bisx.prod.on.blackberry>

Sounds good to me! Have the bidders agent sign a separte buyers broker signin sheet that has a brief disclosure statement about your sale and their potential commission. 

Very interested to hear how it all turns out, especially the mailer! Please post again after the sale. 

THX! 
K

Sent via BlackBerry by AT&T

-----Original Message-----
From: Gordana Bojovska <gbojovska at gmail.com>
Sender: 5-dayforum-bounces+ken_thurman=yahoo.com at mailman.howtosellyourhomein5days.com
Date: Fri, 9 Jul 2010 11:35:13 
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Reply-To: How To Sell Your Home in 5-Days
	<5-dayforum at mailman.howtosellyourhomein5days.com>
Subject: [5-DayForum] Starting a 5- Day Sale in Pawling, NY

Hi Everyone,

We are starting a 5-Day sale in Pawling, NY and are thinking about
doing a 10,000 piece targeted mailing in addition to the Craigslist,
Newspaper Ads and Auction signs.

We would be sending a postcard with a few pictures of the house on the
front in color and the word AUCTION in giant red letters over the
entire image.  On the back we were planning on putting the exact ad we
plan on using in the Newspapers to generate more interest.

We are targeting Renters and Homeowners who make 150K and up and have
a credit score of 750 and above since this is a half a million dollar
house and we hope to get close to our asking price.

Has anyone else tried this?  Are there any downsides to the idea?  The
mailings are relatively cheap by comparison- around $2,500.

We were also planning on sending a flyer to each real estate company
in the area and offering them 1% if they bring in a buyer that
weekend.  For one weekend worth of work that might be well worth it
for them.  I just don't know how to keep track of who the realtor
brings in.

Thanks!

Gordana
gbojovska at gmail.com
_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum


From kimberly at mountainmove.com  Tue Jul 13 19:30:22 2010
From: kimberly at mountainmove.com (kimberly at mountainmove.com)
Date: Tue, 13 Jul 2010 19:30:22 -0400
Subject: [5-DayForum] How do i submit a post?
Message-ID: <20100713193022.7bvsow19zlcs8sw0@webmail.mountainmove.com>

?
?I tried but it wont let me. 


From scnorton at gmail.com  Sat Jul 10 15:21:12 2010
From: scnorton at gmail.com (Stephen Norton)
Date: Sat, 10 Jul 2010 14:21:12 -0500
Subject: [5-DayForum] Using squeeze page for 5-day sale
Message-ID: <AANLkTimsSmaZRlwlP7V5zAlegWfyJFZb3OXydtkP_eFk@mail.gmail.com>

Is anyone directing traffic to squeeze pages for their 5 day sale?

Can anyone recommend any wordpress templates that I could use to advertise a
5 day sale?



-- 
Stephen Norton
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From SueKhalil at aol.com  Fri Jul 16 07:49:48 2010
From: SueKhalil at aol.com (SueKhalil at aol.com)
Date: Fri, 16 Jul 2010 07:49:48 EDT
Subject: [5-DayForum] How do i submit a post?
Message-ID: <3aa8c.5633a77.3971a15c@aol.com>

Please remove me from the mailing list.  Thanks
 
 
In a message dated 7/15/2010 5:44:07 P.M. Pacific Daylight Time,  
kimberly at mountainmove.com writes:


I tried but it wont let me.  

_______________________________________________
5-DayForum mailing  list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum

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From damian_colden at yahoo.com  Fri Jul 16 08:44:27 2010
From: damian_colden at yahoo.com (Damian Colden)
Date: Fri, 16 Jul 2010 05:44:27 -0700 (PDT)
Subject: [5-DayForum] How do i submit a post?
In-Reply-To: <3aa8c.5633a77.3971a15c@aol.com>
References: <3aa8c.5633a77.3971a15c@aol.com>
Message-ID: <426495.24174.qm@web53102.mail.re2.yahoo.com>

Sue - 

You should be able to go to 
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum

Scroll to the bottom of the page and enter your email address and click the 
Unsuscribe button to get yourself off the list.

Hope this helps.

 Dac Colden




________________________________
From: "SueKhalil at aol.com" <SueKhalil at aol.com>
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Sent: Fri, July 16, 2010 7:49:48 AM
Subject: Re: [5-DayForum] How do i submit a post?

Please remove me from the mailing list.  Thanks
 
In a message dated 7/15/2010 5:44:07 P.M. Pacific Daylight Time,  
kimberly at mountainmove.com writes:

> I tried but it wont let me. 
>
>_______________________________________________
>5-DayForum mailing    list
>5-DayForum at mailman.howtosellyourhomein5days.com
>http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>


      
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From bill at effros.com  Fri Jul 16 08:58:49 2010
From: bill at effros.com (Bill Effros)
Date: Fri, 16 Jul 2010 08:58:49 -0400
Subject: [5-DayForum] How do i submit a post?
In-Reply-To: <426495.24174.qm@web53102.mail.re2.yahoo.com>
References: <3aa8c.5633a77.3971a15c@aol.com>
	<426495.24174.qm@web53102.mail.re2.yahoo.com>
Message-ID: <4C405789.40608@effros.com>

Thanks, Dac,

It's impossible for me to keep up.

Bill Effros
List Administrator


Damian Colden wrote:
> Sue -
>
> You should be able to go to 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> Scroll to the bottom of the page and enter your email address and 
> click the Unsuscribe button to get yourself off the list.
>
> Hope this helps.
>  
> Dac Colden
>
>
> ------------------------------------------------------------------------
> *From:* "SueKhalil at aol.com" <SueKhalil at aol.com>
> *To:* 5-dayforum at mailman.howtosellyourhomein5days.com
> *Sent:* Fri, July 16, 2010 7:49:48 AM
> *Subject:* Re: [5-DayForum] How do i submit a post?
>
> Please remove me from the mailing list.  Thanks
>  
> In a message dated 7/15/2010 5:44:07 P.M. Pacific Daylight Time, 
> kimberly at mountainmove.com writes:
>
>
>      I tried but it wont let me.
>
>     _______________________________________________
>     5-DayForum mailing list
>     5-DayForum at mailman.howtosellyourhomein5days.com
>     http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
>
> ------------------------------------------------------------------------
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>   
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From bill at effros.com  Fri Jul 16 09:06:43 2010
From: bill at effros.com (Bill Effros)
Date: Fri, 16 Jul 2010 09:06:43 -0400
Subject: [5-DayForum] How To Unsubscribe
In-Reply-To: <3aa8c.5633a77.3971a15c@aol.com>
References: <3aa8c.5633a77.3971a15c@aol.com>
Message-ID: <4C405963.5010007@effros.com>

Go to 
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum

Scroll to the bottom of the page, enter the email address you used to 
subscribe, click the Unsubscribe button.

Bill Effros
List Administrators

PS -- To all those remaining on the list:  Please re-post this message 
any time someone asks to be unsubscribed.  I will do the same.



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From accumen at prairieinet.net  Sat Jul 17 16:34:59 2010
From: accumen at prairieinet.net (Steve and Leslie Schmalzried)
Date: Sat, 17 Jul 2010 15:34:59 -0500
Subject: [5-DayForum] signage
Message-ID: <000501cb25ef$881c2b30$98548190$@net>

Hello

 

I was doing internet search about 5 day sale and found a number of sites
that sell signage kits.  There is no mention of theses  on this site or in
the book.  Is this material above and beyond what you provide?  Are this
other sites linked to you?

 

I am very interested in trying-doing a 5-day sale as an investor plus as a
property owner.

 

Thanks

Steve

 

 

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From SueKhalil at aol.com  Sun Jul 18 16:40:33 2010
From: SueKhalil at aol.com (SueKhalil at aol.com)
Date: Sun, 18 Jul 2010 16:40:33 EDT
Subject: [5-DayForum] signage
Message-ID: <6fcdf.1b74e3d0.3974c0c1@aol.com>

Please remove my e-mail from the mailing list.  Thank you
 
 
In a message dated 7/18/2010 11:48:14 A.M. Pacific Daylight Time,  
accumen at prairieinet.net writes:

 
Hello 
I was doing internet search about 5 day sale and found a  number of sites 
that sell signage kits.  There is no mention of theses  on this site or in 
the book.  Is this material above and beyond  what you provide?  Are this 
other sites linked to you? 
I am very interested in trying-doing a 5-day sale as an  investor plus as a 
property owner. 
Thanks 
Steve 



_______________________________________________
5-DayForum  mailing  list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum

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From tomhoffman at live.com  Sun Jul 18 22:07:32 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Sun, 18 Jul 2010 20:07:32 -0600
Subject: [5-DayForum] signage
In-Reply-To: <000501cb25ef$881c2b30$98548190$@net>
References: <000501cb25ef$881c2b30$98548190$@net>
Message-ID: <BLU135-W109D9A046A0BED48C3E3CAB0BF0@phx.gbl>


Hi Steve, there is no mention in the book of these sites because they are not associated with the book and personally I have found the handwritten signs to be most productive. If you are planning on doing numerous sales you could check with a local printer as I am certain they could use the business.

Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 


From: accumen at prairieinet.net
To: 5-dayforum at howtosellyourhomein5days.com
Date: Sat, 17 Jul 2010 15:34:59 -0500
Subject: [5-DayForum] signage





Hello
 
I was doing internet search about 5 day sale and found a number of sites that sell signage kits.  There is no mention of theses  on this site or in the book.  Is this material above and beyond what you provide?  Are this other sites linked to you?
 
I am very interested in trying-doing a 5-day sale as an investor plus as a property owner.
 
Thanks
Steve
 
  		 	   		  
_________________________________________________________________
The New Busy is not the old busy. Search, chat and e-mail from your inbox.
http://www.windowslive.com/campaign/thenewbusy?ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_3
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From lbresnan at verizon.net  Sun Jul 18 22:36:48 2010
From: lbresnan at verizon.net (lbresnan at verizon.net)
Date: Sun, 18 Jul 2010 21:36:48 -0500 (CDT)
Subject: [5-DayForum] signage
Message-ID: <1404968057.174405.1279507009014.JavaMail.root@vznit170080>

Hi Tom,
   why do you think the hand written ones work better? I always think they look so 
unprofessional?
thanks
Liza




Liza Bresnan
Arbonne International
484-433-9949

Jul 18, 2010 10:08:05 PM, 5-dayforum at mailman.howtosellyourhomein5days.com wrote:

===========================================






Hi Steve, there is no mention in the book of these sites because they are 
>not associated with the book and personally I have found the handwritten signs to 
>be most productive. If you are planning on doing numerous sales you could check 
>with a local printer as I am certain they could use the business.
>
>Tom Hoffman-Broker/Owner
>Top Priority Realty, LLC
>720-540-7800
>720-540-7876 fax
>
>
>
>?
>

From: accumen at prairieinet.net
>To: 5-dayforum at howtosellyourhomein5days.com
>Date: Sat, 17 Jul 2010 15:34:59 -0500
>Subject: [5-DayForum] signage
>
>




Hello


?


I was doing internet search about 5 day sale and found a 
>number of sites that sell signage kits.? There is no mention of theses ?on this 
>site or in the book.? Is this material above and beyond what you provide?? Are this 
>other sites linked to you?


?


I am very interested in trying-doing a 5-day sale as an investor 
>plus as a property owner.


?


Thanks


Steve


?


?
            
>The New Busy is not the old busy. Search, chat and e-mail from your inbox. 
>
>target="_blank">Get started.


>
>_______________________________________________
>5-DayForum mailing list
>
>target="_blank">5-DayForum at mailman.howtosellyourhomein5days.com
>
>class="parsedLink" target="_blank">http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>


From tomhoffman at live.com  Mon Jul 19 09:30:53 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Mon, 19 Jul 2010 07:30:53 -0600
Subject: [5-DayForum] signage
In-Reply-To: <1404968057.174405.1279507009014.JavaMail.root@vznit170080>
References: <1404968057.174405.1279507009014.JavaMail.root@vznit170080>
Message-ID: <BLU135-W33DB8712EBA6B755F80ECB0BF0@phx.gbl>


Hi Liz, You could be right. I would suggest you test them in your area. Place different phone numbers on each-professional and unprofessional signs- and see which one gets the most calls. 

It has been my experience that the handwritten ones get more attention because they ARE different than all the professional signs. People have less fear of calling because they don't think they will be a talking to a professional sales person. Another reason is the expense. I can place 2-3 times more sgns for the same money as having the professional ones.

Run your test and let us know how it works.

Thanks,
Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 
> Date: Sun, 18 Jul 2010 21:36:48 -0500
> From: lbresnan at verizon.net
> To: 5-dayforum at mailman.howtosellyourhomein5days.com
> Subject: Re: [5-DayForum] signage
> 
> Hi Tom,
> why do you think the hand written ones work better? I always think they look so 
> unprofessional?
> thanks
> Liza
> 
> 
> 
> 
> Liza Bresnan
> Arbonne International
> 484-433-9949
> 
> Jul 18, 2010 10:08:05 PM, 5-dayforum at mailman.howtosellyourhomein5days.com wrote:
> 
> ===========================================
> 
> 
> 
> 
> 
> 
> Hi Steve, there is no mention in the book of these sites because they are 
> >not associated with the book and personally I have found the handwritten signs to 
> >be most productive. If you are planning on doing numerous sales you could check 
> >with a local printer as I am certain they could use the business.
> >
> >Tom Hoffman-Broker/Owner
> >Top Priority Realty, LLC
> >720-540-7800
> >720-540-7876 fax
> >
> >
> >
> > 
> >
> 
> From: accumen at prairieinet.net
> >To: 5-dayforum at howtosellyourhomein5days.com
> >Date: Sat, 17 Jul 2010 15:34:59 -0500
> >Subject: [5-DayForum] signage
> >
> >
> 
> 
> 
> 
> Hello
> 
> 
>  
> 
> 
> I was doing internet search about 5 day sale and found a 
> >number of sites that sell signage kits.  There is no mention of theses  on this 
> >site or in the book.  Is this material above and beyond what you provide?  Are this 
> >other sites linked to you?
> 
> 
>  
> 
> 
> I am very interested in trying-doing a 5-day sale as an investor 
> >plus as a property owner.
> 
> 
>  
> 
> 
> Thanks
> 
> 
> Steve
> 
> 
>  
> 
> 
>  
> 
> >The New Busy is not the old busy. Search, chat and e-mail from your inbox. 
> >
> >target="_blank">Get started.
> 
> 
> >
> >_______________________________________________
> >5-DayForum mailing list
> >
> >target="_blank">5-DayForum at mailman.howtosellyourhomein5days.com
> >
> >class="parsedLink" target="_blank">http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
> >
> 
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
 		 	   		  
_________________________________________________________________
The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail.
http://www.windowslive.com/campaign/thenewbusy?tile=multiaccount&ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_4
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From mathie at tds.net  Mon Jul 19 16:17:26 2010
From: mathie at tds.net (mathie tds.net)
Date: Mon, 19 Jul 2010 16:17:26 -0400
Subject: [5-DayForum] Signage
Message-ID: <AANLkTinsLe8Ec5-7a3OrTK7afu47JdYFVJ6s-J2_qnwI@mail.gmail.com>

Far superior in our Michigan area was the "homemade" signage.  We used
Corplast board and contact paper cut out letters and it was awesome the
quantity of interested callers.  Bingo... it sold!  We are HAPPY!

Mel
Nimmergood Investments, LLC
--
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From rosemarie-fred at mindspring.com  Mon Jul 19 18:46:54 2010
From: rosemarie-fred at mindspring.com (Rosemarie Belcher)
Date: Mon, 19 Jul 2010 18:46:54 -0400
Subject: [5-DayForum] signage
References: <1404968057.174405.1279507009014.JavaMail.root@vznit170080>
Message-ID: <522F9F228DF348DE9B3BE3D32BB3556D@rosemarifv6onv>

That's the whole point! We don't want to look professional. People are much 
more comfortable dealing with someone "Just like me" than with a 
professional. Or so they tell me! Seems to work, anyway.
Rosemarie
----- Original Message ----- 
From: <lbresnan at verizon.net>
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Sunday, July 18, 2010 10:36 PM
Subject: Re: [5-DayForum] signage


> Hi Tom,
>   why do you think the hand written ones work better? I always think they 
> look so
> unprofessional?
> thanks
> Liza
>
>
>
>
> Liza Bresnan
> Arbonne International
> 484-433-9949
>
> Jul 18, 2010 10:08:05 PM, 5-dayforum at mailman.howtosellyourhomein5days.com 
> wrote:
>
> ===========================================
>
>
>
>
>
>
> Hi Steve, there is no mention in the book of these sites because they are
>>not associated with the book and personally I have found the handwritten 
>>signs to
>>be most productive. If you are planning on doing numerous sales you could 
>>check
>>with a local printer as I am certain they could use the business.
>>
>>Tom Hoffman-Broker/Owner
>>Top Priority Realty, LLC
>>720-540-7800
>>720-540-7876 fax
>>
>>
>>
>>
>>
>
> From: accumen at prairieinet.net
>>To: 5-dayforum at howtosellyourhomein5days.com
>>Date: Sat, 17 Jul 2010 15:34:59 -0500
>>Subject: [5-DayForum] signage
>>
>>
>
>
>
>
> Hello
>
>
>
>
>
> I was doing internet search about 5 day sale and found a
>>number of sites that sell signage kits. There is no mention of theses on 
>>this
>>site or in the book. Is this material above and beyond what you provide? 
>>Are this
>>other sites linked to you?
>
>
>
>
>
> I am very interested in trying-doing a 5-day sale as an investor
>>plus as a property owner.
>
>
>
>
>
> Thanks
>
>
> Steve
>
>
>
>
>
>
>
>>The New Busy is not the old busy. Search, chat and e-mail from your inbox.
>>
>>target="_blank">Get started.
>
>
>>
>>_______________________________________________
>>5-DayForum mailing list
>>
>>target="_blank">5-DayForum at mailman.howtosellyourhomein5days.com
>>
>>class="parsedLink" 
>>target="_blank">http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
> 


From medic_korge at yahoo.com  Tue Jul 20 21:50:46 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Tue, 20 Jul 2010 21:50:46 -0400
Subject: [5-DayForum] signage (piqua oh)
Message-ID: <243003.16694.qm@smtp101-mob.biz.mail.ac4.yahoo.com>

Speaking of signage! I just put up about 10 of my huge homemade signs out around piqua today! So here's the deal: I followed what people on the forum has said about the handwritten signs - I bought enough for 30 signs (they were a buck each at the dollar store just like someone else in the forum suggested! Was that you, Rosemarie?), but I only had time to make up 20 and placing just ten. Not illegible at all, but they DEFINITELY look handmade! &nbsp;I had to place them kinda early today (tues evng around 5) because I had a mtg to go to back home, so I didn't know if I should count tonights calls... But I got two calls the very first hour! One was from the pizza place saying that I wasn't allowed to post there (does that count, Bill?), so I went back and took it down. &nbsp;The second was from a big realtor in town. I made clear to him that only people who show up during the home inspection are allowed to bid, so no placing bids for clients. &nbsp;He understood and is looking forward to my call friday night for the proper address! ALRIGHT! So, forum folks, do I count them in my 25 even though it's early? Do I count pizza guy?

Hope this shows up on time. I've not yet been accepted as a member, so I can't make timely updates on my progress. &nbsp;Bill, where are you?

-Korge

-- Sent from my Palm Pre

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From ca819 at hotmail.com  Tue Jul 20 10:46:39 2010
From: ca819 at hotmail.com (Luis Raul Encarnacion)
Date: Tue, 20 Jul 2010 10:46:39 -0400
Subject: [5-DayForum] confirmatiion 5-days forum
Message-ID: <SNT142-ds191C1BBB0CF195B63946D1D3A00@phx.gbl>

Thanks for the confirmation. I just bought the book last week. Its' awesome. I would like to sell my house ASAP. I have a contract wish a realtor until August 1st.,2010. I am planning to follow the book .
                  
                               Luis R. Encarnacion 
                               1056 Northeast ave.
                               Tallmadge, OH 44278
                                330-633-1219
                                ca.819 at hotmail.com
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From ca819 at hotmail.com  Tue Jul 20 10:58:44 2010
From: ca819 at hotmail.com (Luis Raul Encarnacion)
Date: Tue, 20 Jul 2010 10:58:44 -0400
Subject: [5-DayForum] (no subject)
Message-ID: <SNT142-ds204C317D2FE3FA0C2B4378D3A00@phx.gbl>

I would like to part of the 5-day forum list, thanks  Luis
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From vmartocci at epix.net  Tue Jul 20 12:57:55 2010
From: vmartocci at epix.net (Victoria Martocci)
Date: Tue, 20 Jul 2010 12:57:55 -0400
Subject: [5-DayForum] Pittsburgh area
Message-ID: <5CE4FDFA847545519966F6EE91B00110@VictoriaPC>

Is there anyone out there that can help me w a 5 day sale? I live 6 hours
from the property that needs to be sold.

 

Thank you,

 

Victoria

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From homechoiceinvestments at gmail.com  Wed Jul 21 07:53:09 2010
From: homechoiceinvestments at gmail.com (RON BAILEY)
Date: Wed, 21 Jul 2010 07:53:09 -0400
Subject: [5-DayForum] Pittsburgh area
In-Reply-To: <5CE4FDFA847545519966F6EE91B00110@VictoriaPC>
References: <5CE4FDFA847545519966F6EE91B00110@VictoriaPC>
Message-ID: <AANLkTimsEN0Ry0mXggpovMXTFaPlUzOHPSk7RSjOmVgM@mail.gmail.com>

YES I LIVE NOT TO FAR, I THINK I CAN HELP YOU GET THIS ONE DONE, PLEASE CALL
ME RON 614-732-2012

On Tue, Jul 20, 2010 at 12:57 PM, Victoria Martocci <vmartocci at epix.net>wrote:

>  Is there anyone out there that can help me w a 5 day sale? I live 6 hours
> from the property that needs to be sold.
>
>
>
> Thank you,
>
>
>
> Victoria
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
>
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From bill at effros.com  Wed Jul 21 09:21:50 2010
From: bill at effros.com (Bill Effros)
Date: Wed, 21 Jul 2010 09:21:50 -0400
Subject: [5-DayForum] signage (piqua oh)
In-Reply-To: <243003.16694.qm@smtp101-mob.biz.mail.ac4.yahoo.com>
References: <243003.16694.qm@smtp101-mob.biz.mail.ac4.yahoo.com>
Message-ID: <4C46F46E.2070904@effros.com>

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From medic_korge at yahoo.com  Wed Jul 21 09:33:36 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Wed, 21 Jul 2010 06:33:36 -0700 (PDT)
Subject: [5-DayForum] Piqua, OH 5-day sale: Day 1
Message-ID: <988875.37399.qm@web82605.mail.mud.yahoo.com>

OK, so I'm doing it! Kinda nervous, slightly excited... don't want to get my 
hopes up too high, as I'm not so sure that I'm going to get enough to cover the 
mortgage.? I've been going through the archives, and it's rare to find a test 
case where someone follows the system BY THE BOOK successfully.? So here's a 
test case that you can follow that will go by Bill's system as closely as 
possible.

It's the morning of Day 1, so not too many responses yet (got a call from an 
interested prospect this morning at 8:30!).? This is how I have set up my 
marketing so far: a business card-sized ad has been placed in the 3 local papers 
here in Miami Co. and is running today through Sunday; I just put up a 
craigslist ad; I have posted 10 foam-backed, handwritten posterboard panels at 
strategic locations throughout Piqua, more to come today; I just printed up the 
pulltab flyers that Tom Hoffman suggested to me and will post them today at all 
the big grocers (Kroger, WalMart, Meijer).

George Cappony has contacted me (so yes, George, we know you're alive now!), but 
I am going to eschew any modifications to Bill's system, clowns, spinner boards, 
flashing neon signs or otherwise.? Tom has suggested that I use the term 
"offered" instead of "sold" in my advertising if I'm worried about the legal 
aspect of things, but after much consideration I'm sticking with "SOLD"!? 


I STILL have plenty of work to do to the house before this weekend, so I'm in 
overdrive until Monday.? Wish me the best!

Korge Mori
614.432.6674


      


From peteskram at yahoo.com  Wed Jul 21 10:23:44 2010
From: peteskram at yahoo.com (Pete Skram)
Date: Wed, 21 Jul 2010 07:23:44 -0700 (PDT)
Subject: [5-DayForum] signage (piqua oh)
In-Reply-To: <4C46F46E.2070904@effros.com>
Message-ID: <325404.23711.qm@web63405.mail.re1.yahoo.com>

Please unsubscribe me.? Thanks! 

--- On Wed, 7/21/10, Bill Effros <bill at effros.com> wrote:


From: Bill Effros <bill at effros.com>
Subject: Re: [5-DayForum] signage (piqua oh)
To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
Date: Wednesday, July 21, 2010, 8:21 AM


Korge,

The pizza guy doesn't count.? The Realtor does.

You have not joined the list.? Please do so in order to immediately post without going through me.

Bill Effros
List Administrator



On 7/20/2010 9:50 PM, Korge Mori wrote: 
Speaking of signage! I just put up about 10 of my huge homemade signs out around piqua today! So here's the deal: I followed what people on the forum has said about the handwritten signs - I bought enough for 30 signs (they were a buck each at the dollar store just like someone else in the forum suggested! Was that you, Rosemarie?), but I only had time to make up 20 and placing just ten. Not illegible at all, but they DEFINITELY look handmade! ?I had to place them kinda early today (tues evng around 5) because I had a mtg to go to back home, so I didn't know if I should count tonights calls... But I got two calls the very first hour! One was from the pizza place saying that I wasn't allowed to post there (does that count, Bill?), so I went back and took it down. ?The second was from a big realtor in town. I made clear to him that only people who show up during the home inspection are allowed to bid, so no placing bids for clients. ?He understood and
 is looking forward to my call friday night for the proper address! ALRIGHT! So, forum folks, do I count them in my 25 even though it's early? Do I count pizza guy?

Hope this shows up on time. I've not yet been accepted as a member, so I can't make timely updates on my progress. ?Bill, where are you?

-Korge


-- Sent from my Palm Pre

_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
  
-----Inline Attachment Follows-----


_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum



      
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From rosemarie-fred at mindspring.com  Wed Jul 21 10:27:30 2010
From: rosemarie-fred at mindspring.com (Rosemarie Belcher)
Date: Wed, 21 Jul 2010 10:27:30 -0400
Subject: [5-DayForum] Piqua, OH 5-day sale: Day 1
References: <988875.37399.qm@web82605.mail.mud.yahoo.com>
Message-ID: <88E97EBC38114C9CAA0AE38B1288653E@rosemarifv6onv>

Yeah! You Go!!!
I wish you all the luck there is, and hope this works really well for you.
Rosemarie
----- Original Message ----- 
From: "Korge Mori" <medic_korge at yahoo.com>
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Wednesday, July 21, 2010 9:33 AM
Subject: [5-DayForum] Piqua, OH 5-day sale: Day 1


OK, so I'm doing it! Kinda nervous, slightly excited... don't want to get my
hopes up too high, as I'm not so sure that I'm going to get enough to cover 
the
mortgage. I've been going through the archives, and it's rare to find a test
case where someone follows the system BY THE BOOK successfully. So here's a
test case that you can follow that will go by Bill's system as closely as
possible.

It's the morning of Day 1, so not too many responses yet (got a call from an
interested prospect this morning at 8:30!). This is how I have set up my
marketing so far: a business card-sized ad has been placed in the 3 local 
papers
here in Miami Co. and is running today through Sunday; I just put up a
craigslist ad; I have posted 10 foam-backed, handwritten posterboard panels 
at
strategic locations throughout Piqua, more to come today; I just printed up 
the
pulltab flyers that Tom Hoffman suggested to me and will post them today at 
all
the big grocers (Kroger, WalMart, Meijer).

George Cappony has contacted me (so yes, George, we know you're alive now!), 
but
I am going to eschew any modifications to Bill's system, clowns, spinner 
boards,
flashing neon signs or otherwise. Tom has suggested that I use the term
"offered" instead of "sold" in my advertising if I'm worried about the legal
aspect of things, but after much consideration I'm sticking with "SOLD"!


I STILL have plenty of work to do to the house before this weekend, so I'm 
in
overdrive until Monday. Wish me the best!

Korge Mori
614.432.6674




_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 


From rosemarie-fred at mindspring.com  Wed Jul 21 10:55:45 2010
From: rosemarie-fred at mindspring.com (Rosemarie Belcher)
Date: Wed, 21 Jul 2010 10:55:45 -0400
Subject: [5-DayForum] (no subject)
References: <SNT142-ds204C317D2FE3FA0C2B4378D3A00@phx.gbl>
Message-ID: <5589247EDB564DA59BC638C247B0875C@rosemarifv6onv>

You have to sign yourself up. And take yourself off again if you no longer want the emails. It's all up to you!
Rosemarie
  ----- Original Message ----- 
  From: Luis Raul Encarnacion 
  To: 5-dayforum at mailman.howtosellyourhomein5days.com 
  Sent: Tuesday, July 20, 2010 10:58 AM
  Subject: [5-DayForum] (no subject)


  I would like to part of the 5-day forum list, thanks  Luis


------------------------------------------------------------------------------


  _______________________________________________
  5-DayForum mailing list
  5-DayForum at mailman.howtosellyourhomein5days.com
  http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
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From gbojovska at gmail.com  Wed Jul 21 12:20:41 2010
From: gbojovska at gmail.com (Gordana Bojovska)
Date: Wed, 21 Jul 2010 12:20:41 -0400
Subject: [5-DayForum] Pawling 5 Day Sale
Message-ID: <AANLkTinrQ6LVetbn2bx7qsbY_KXvy_FF8l-CEMeYUjYW@mail.gmail.com>

Hi Guys,

I couldn't figure out how to reply the original thread (been taking too many
calls to figure it out)!

So far we posted our signs this past weekend (25 of them) all over town.  We
had them printed at BanditSigns.com and used the ones with the words Auction
on them.  So far we have received 23 calls.

Out 2500 mailers just got delivered yesterday (we received one call on those
so far from the mailman who delivered some of them!) But nothing from people
they were sent to yet.

Our newspaper ads (all 3 of them) go live today so I expect a number of
calls later this evening when people go home from work.

Out of those 23 calls we did not count 2 investors that wanted to know how
to do this and one person who wanted to purchase the property below starting
bid because he said he was not coming to the sale.

How else can we drive more people to our neighborhood to sell this house
this weekend?  The problem is that the market is absolutely saturated with
homes for sale and there dont' seem to be many sales in the area lately. The
realtors in this town seem to all sit around waiting for clients to walk
through the door instead of aggressively marketing outside of this area to
bring more people in.

Any further ideas?

Thanks everyone- we did change Auction to Must Sell on our mailers and the
wording on the newspaper ads says Offered instead of Sold.  Or Best Offer
like stated in the book seems to give people the notion that we will go
lower- so we have changed this to Starting at......

Thanks everyone- I will keep you posted on our progress!

Gordana
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From medic_korge at yahoo.com  Wed Jul 21 12:38:41 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Wed, 21 Jul 2010 12:38:41 -0400
Subject: [5-DayForum] Pawling 5 Day Sale
In-Reply-To: <AANLkTinrQ6LVetbn2bx7qsbY_KXvy_FF8l-CEMeYUjYW@mail.gmail.com>
Message-ID: <860712.65165.qm@smtp109-mob.biz.mail.ne1.yahoo.com>

Gordana:
Good luck and positive thoughts to you - I'm on day 1 as well, so lets encourage each other onto the finish line!
OF COURSE you count the two that weren't interested in going - if you got the call, it shows that your marketing is successful! Does that bring you to 25?
-Korge



-- Sent from my Palm Pre
On Jul 21, 2010 12:23 PM, Gordana Bojovska &lt;gbojovska at gmail.com&gt; wrote: 

Hi Guys,

I couldn't figure out how to reply the original thread (been taking too many calls to figure it out)!

So far we posted our signs this past weekend (25 of them) all over town.&nbsp; We had them printed at BanditSigns.com and used the ones with the words Auction on them.&nbsp; So far we have received 23 calls.
&nbsp;
Out 2500 mailers just got delivered yesterday (we received one call on those so far from the mailman who delivered some of them!) But nothing from people they were sent to yet.
&nbsp;
Our newspaper ads (all&nbsp;3 of them) go live today so I expect a number of calls later this evening when people go home from work.
&nbsp;
Out of those 23 calls we did not count 2 investors that wanted to know how to do this and one person who wanted to purchase the property below starting bid because he said he was not coming to the sale.
&nbsp;
How else can we drive more people to our neighborhood to sell this house this weekend?&nbsp; The problem is that the market is absolutely saturated with homes for sale and there dont' seem to be many sales in the area lately. The realtors in this town seem to all sit around waiting for clients to walk through the door instead of aggressively marketing outside of this area to bring more people in.


&nbsp;
Any further ideas?

Thanks everyone- we did change Auction to Must Sell on our mailers and the wording on the newspaper ads says Offered instead of Sold.&nbsp; Or Best Offer like stated in the book seems to give people the notion that we will go lower- so we have changed this to Starting at......


&nbsp;
Thanks everyone- I will keep you posted on our progress!
&nbsp;
Gordana

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From bill at effros.com  Wed Jul 21 14:27:43 2010
From: bill at effros.com (Bill Effros)
Date: Wed, 21 Jul 2010 14:27:43 -0400
Subject: [5-DayForum] Pawling 5 Day Sale
In-Reply-To: <AANLkTinrQ6LVetbn2bx7qsbY_KXvy_FF8l-CEMeYUjYW@mail.gmail.com>
References: <AANLkTinrQ6LVetbn2bx7qsbY_KXvy_FF8l-CEMeYUjYW@mail.gmail.com>
Message-ID: <4C473C1F.5050801@effros.com>

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From schwemer97 at yahoo.com  Wed Jul 21 20:23:45 2010
From: schwemer97 at yahoo.com (marci s)
Date: Wed, 21 Jul 2010 17:23:45 -0700 (PDT)
Subject: [5-DayForum] general ?
Message-ID: <119995.70709.qm@web65513.mail.ac4.yahoo.com>

Hi, I am doing the 5 day sale this week and have my ad in the paper and on 
craigs list. 
I have a couple of questions?
1. What do you tell people about why the price is so cheap?
I thought I would just say I am very motivated and want a quick sale due to 
relocation but I'm not sure what to expect they will then ask.

2. I also have my home listed through americas choice which is a for sale by 
owner but they provide a website and phone no to call for info. If people see 
that sign in my yard  and look it up they will see a very different price. This 
company gets no commission. Should I remove the sign in my yard so no one can 
look it up and see the price I have listed? That seems like a real pain to pull 
the sign out tho. What should I say about that?

3. I have my quick description ready to tell the callers but some of the other 
?'s I am worried about. I have about 3 to call back from today, i was at work. 

4. Do I say I'm hosting the open house/inspection this weekend and everyone who 
attends may leave their bid and I will call everyone sunday evening to let them 
know what the highest bid is at that moment. When everyone has had the chance to 
place their final bid, the highest bidder will be offered the property?

thanks for any advise


      
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From medic_korge at yahoo.com  Thu Jul 22 09:10:33 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Thu, 22 Jul 2010 09:10:33 -0400
Subject: [5-DayForum] general ?
In-Reply-To: <119995.70709.qm@web65513.mail.ac4.yahoo.com>
Message-ID: <874306.37780.qm@smtp111-mob.biz.mail.gq1.yahoo.com>

All good questions, Marci. I'm going to answer from my current experience on Day 2 of my sale (is that where you're at?)
1) I've had a few people ask me this, and this my straight-up answer: my price is so low solely to attract the most responses from my market. &nbsp;Then I proceed to explain the general history of my home; that my wife has owned it for the past 15 years and raised her 3 children in it, but then we got married and moved to Springfield a couple of years ago. So now I'm sick of making payments on an empty house and I'm ready to sell - it's otherwise in move-in condition. &nbsp;When I explain this, they realize that this is not a foreclosure auction, this is not a dilapidated home, and that I'm just a normal guy wanting to sell my home. And do you know how they respond? "Oh! Ok. So where is the house again?"
2) I would just pull the advertising on the other FSBO website temporarily. Remember, you're just trying to determine the true market value of your home, and if the offer satisfies you, you take it! &nbsp;If it doesn't work out for whatever reason, you go back to the FSBO website with the new price of your home. Or rent it out.
3) I don't even have the quick description ready, no time to put it together. Maybe that's bad strategy, but I believe in the system and the whole "full disclosure" thing, which I think will ultimately sell the house. &nbsp;In essence, I'm not selling the house just yet (that's this weekend), right now I'm just selling my honesty. &nbsp;So I have no canned schpeal.
4) yes, that's exactly what you tell them. &nbsp;And that's only if you even get that far in the initial conversation.

Good luck, and keep us updated!
-Korge

-- Sent from my Palm Pre
On Jul 22, 2010 8:34 AM, marci s &lt;schwemer97 at yahoo.com&gt; wrote: 

Hi, I am doing the 5 day sale this week and have my ad in the paper and on craigs list.&nbsp;I have a couple of questions?1. What do you tell people about why the price is so cheap?	I thought I would just say I am very motivated and want a quick sale due to relocation but I'm not sure what to expect they will then ask.
2. I also have my home listed through americas choice which is a for sale by owner but they provide a website and phone no to call for info. If 	people see that sign in my yard &nbsp;and look it up they will see a very different price. This company gets no commission. Should I remove the 	sign in my yard so no one can look it up and see the price I have listed? That seems like a real pain to pull the sign out tho. What should I 	say about that?
3. I have my quick description ready to tell the callers but some of the other ?'s I am worried about. I have about 3 to call back from today, i was 	at work.&nbsp;
4. Do I say I'm hosting the open house/inspection this weekend and everyone who attends may leave their bid and I will call everyone sunday 	evening to let them know what the highest bid is at that moment. When everyone has had the chance to place their final bid, the highest 	bidder will be
 offered the property?
thanks for any advise





      
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From rosemarie-fred at mindspring.com  Thu Jul 22 10:33:34 2010
From: rosemarie-fred at mindspring.com (Rosemarie Belcher)
Date: Thu, 22 Jul 2010 10:33:34 -0400
Subject: [5-DayForum] general ?
References: <874306.37780.qm@smtp111-mob.biz.mail.gq1.yahoo.com>
Message-ID: <A26B9FE6AEA4440CB4E17886E2CDB837@rosemarifv6onv>

Nicely done, Korge!
I would add to the last question - it wasn't clear. On Sunday evening the highest bidder will get the first call, thus giving them an advantage in the bidding. I made a bidding sheet for each bidder with their contact info and kept track of their bids. Then as they dropped out I just threw that sheet away until I was down to about three, which I kept just in case I needed to go back to them.
As far as all of Marci's original questions - I think you need to concentrate on this one marketing plan for this five day period and give it all you've got. Be honest with people, but don't tell them a whole lot more than the answer to their questions. Don't over think or over talk this - it's really quite simple.
I hope you both have a great sale and get what you need.
All the best
Rosemarie
  ----- Original Message ----- 
  From: Korge Mori 
  To: How To Sell Your Home in 5-Days 
  Sent: Thursday, July 22, 2010 9:10 AM
  Subject: Re: [5-DayForum] general ?


  All good questions, Marci. I'm going to answer from my current experience on Day 2 of my sale (is that where you're at?)
  1) I've had a few people ask me this, and this my straight-up answer: my price is so low solely to attract the most responses from my market.  Then I proceed to explain the general history of my home; that my wife has owned it for the past 15 years and raised her 3 children in it, but then we got married and moved to Springfield a couple of years ago. So now I'm sick of making payments on an empty house and I'm ready to sell - it's otherwise in move-in condition.  When I explain this, they realize that this is not a foreclosure auction, this is not a dilapidated home, and that I'm just a normal guy wanting to sell my home. And do you know how they respond? "Oh! Ok. So where is the house again?"
  2) I would just pull the advertising on the other FSBO website temporarily. Remember, you're just trying to determine the true market value of your home, and if the offer satisfies you, you take it!  If it doesn't work out for whatever reason, you go back to the FSBO website with the new price of your home. Or rent it out.
  3) I don't even have the quick description ready, no time to put it together. Maybe that's bad strategy, but I believe in the system and the whole "full disclosure" thing, which I think will ultimately sell the house.  In essence, I'm not selling the house just yet (that's this weekend), right now I'm just selling my honesty.  So I have no canned schpeal.
  4) yes, that's exactly what you tell them.  And that's only if you even get that far in the initial conversation.

  Good luck, and keep us updated!
  -Korge


  -- Sent from my Palm Pre


------------------------------------------------------------------------------
  On Jul 22, 2010 8:34 AM, marci s <schwemer97 at yahoo.com> wrote: 


  Hi, I am doing the 5 day sale this week and have my ad in the paper and on craigs list. 
  I have a couple of questions?
  1. What do you tell people about why the price is so cheap?
  I thought I would just say I am very motivated and want a quick sale due to relocation but I'm not sure what to expect they will then ask.


  2. I also have my home listed through americas choice which is a for sale by owner but they provide a website and phone no to call for info. If people see that sign in my yard  and look it up they will see a very different price. This company gets no commission. Should I remove the sign in my yard so no one can look it up and see the price I have listed? That seems like a real pain to pull the sign out tho. What should I say about that?


  3. I have my quick description ready to tell the callers but some of the other ?'s I am worried about. I have about 3 to call back from today, i was at work. 


  4. Do I say I'm hosting the open house/inspection this weekend and everyone who attends may leave their bid and I will call everyone sunday evening to let them know what the highest bid is at that moment. When everyone has had the chance to place their final bid, the highest bidder will be offered the property?


  thanks for any advise




------------------------------------------------------------------------------


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From schwemer97 at yahoo.com  Thu Jul 22 12:00:18 2010
From: schwemer97 at yahoo.com (marci s)
Date: Thu, 22 Jul 2010 09:00:18 -0700 (PDT)
Subject: [5-DayForum] general ?
In-Reply-To: <119995.70709.qm@web65513.mail.ac4.yahoo.com>
References: <119995.70709.qm@web65513.mail.ac4.yahoo.com>
Message-ID: <280017.98373.qm@web65503.mail.ac4.yahoo.com>

Well it's day two of the ad and not one call so far today. I had just 3 the 
first day so things look disappointing. I know I listed the price less than half 
of it's worth. It's less than 5 yrs old and the price I listed it extremely good 
for this area. Looks like I will not be doing my sale



________________________________
From: marci s <schwemer97 at yahoo.com>
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Sent: Wed, July 21, 2010 8:23:45 PM
Subject: [5-DayForum] general ?


Hi, I am doing the 5 day sale this week and have my ad in the paper and on 
craigs list. 
I have a couple of questions?
1. What do you tell people about why the price is so cheap?
I thought I would just say I am very motivated and want a quick sale due to 
relocation but I'm not sure what to expect they will then ask.

2. I also have my home listed through americas choice which is a for sale by 
owner but they provide a website and phone no to call for info. If people see 
that sign in my yard  and look it up they will see a very different price. This 
company gets no commission. Should I remove the sign in my yard so no one can 
look it up and see the price I have listed? That seems like a real pain to pull 
the sign out tho. What should I say about that?

3. I have my quick description ready to tell the callers but some of the other 
?'s I am worried about. I have about 3 to call back from today, i was at work. 

4. Do I say I'm hosting the open house/inspection this weekend and everyone who 
attends may leave their bid and I will call everyone sunday evening to let them 
know what the highest bid is at that moment. When everyone has had the chance to 
place their final bid, the highest bidder will be  offered the property?

thanks for any advise



      
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From gbojovska at gmail.com  Thu Jul 22 13:58:34 2010
From: gbojovska at gmail.com (Gordana Bojovska)
Date: Thu, 22 Jul 2010 13:58:34 -0400
Subject: [5-DayForum] 5-DayForum Digest, Vol 40, Issue 14
In-Reply-To: <mailman.12.1279814418.1127.5-dayforum@mailman.howtosellyourhomein5days.com>
References: <mailman.12.1279814418.1127.5-dayforum@mailman.howtosellyourhomein5days.com>
Message-ID: <AANLkTinD51LfaaIR05ep6q0WTzRCcbQvPc7ueqnY4Kse@mail.gmail.com>

Hi Everyone,

Good luck with your Auctions!  We will be sending positive energy your way too.

We are already up to almost 40 calls and it's only Thursday. It looks
like the Signs and the PennySaver have gotten us the most responses.

The mailings were not as great as we had hoped  but there were a few
calls from there.

We will keep you posted on the results next week.

Thanks for all of the great advice!

-Gordana
On Thu, Jul 22, 2010 at 12:00 PM,
<5-dayforum-request at mailman.howtosellyourhomein5days.com> wrote:
> Send 5-DayForum mailing list submissions to
> ? ? ? ?5-dayforum at mailman.howtosellyourhomein5days.com
>
> To subscribe or unsubscribe via the World Wide Web, visit
> ? ? ? ?http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> or, via email, send a message with subject or body 'help' to
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>
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>
> When replying, please edit your Subject line so it is more specific
> than "Re: Contents of 5-DayForum digest..."
>
> Today's Topics:
>
> ? 1. Pawling 5 Day Sale (Gordana Bojovska)
> ? 2. Re: Pawling 5 Day Sale (Korge Mori)
> ? 3. Re: Pawling 5 Day Sale (Bill Effros)
> ? 4. general ? (marci s)
> ? 5. Re: general ? (Korge Mori)
> ? 6. Re: general ? (Rosemarie Belcher)
>
>
> ---------- Forwarded message ----------
> From:?Gordana Bojovska <gbojovska at gmail.com>
> To:?5-dayforum at mailman.howtosellyourhomein5days.com
> Date:?Wed, 21 Jul 2010 12:20:41 -0400
> Subject:?[5-DayForum] Pawling 5 Day Sale
> Hi Guys,
> I couldn't figure out how to reply the original thread (been taking too many calls to figure it out)!
> So far we posted our signs this past weekend (25 of them) all over town.? We had them printed at BanditSigns.com and used the ones with the words Auction on them.? So far we have received 23 calls.
>
> Out 2500 mailers just got delivered yesterday (we received one call on those so far from the mailman who delivered some of them!) But nothing from people they were sent to yet.
>
> Our newspaper ads (all?3 of them) go live today so I expect a number of calls later this evening when people go home from work.
>
> Out of those 23 calls we did not count 2 investors that wanted to know how to do this and one person who wanted to purchase the property below starting bid because he said he was not coming to the sale.
>
> How else can we drive more people to our neighborhood to sell this house this weekend?? The problem is that the market is absolutely saturated with homes for sale and there dont' seem to be many sales in the area lately. The realtors in this town seem to all sit around waiting for clients to walk through the door instead of aggressively marketing outside of this area to bring more people in.
>
> Any further ideas?
> Thanks everyone- we did change Auction to Must Sell on our mailers and the wording on the newspaper ads says Offered instead of Sold.? Or Best Offer like stated in the book seems to give people the notion that we will go lower- so we have changed this to Starting at......
>
> Thanks everyone- I will keep you posted on our progress!
>
> Gordana
>
> ---------- Forwarded message ----------
> From:?"Korge Mori" <medic_korge at yahoo.com>
> To:?"How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
> Date:?Wed, 21 Jul 2010 12:38:41 -0400
> Subject:?Re: [5-DayForum] Pawling 5 Day Sale
> Gordana:
> Good luck and positive thoughts to you - I'm on day 1 as well, so lets encourage each other onto the finish line!
> OF COURSE you count the two that weren't interested in going - if you got the call, it shows that your marketing is successful! Does that bring you to 25?
> -Korge
>
>
>
> -- Sent from my Palm Pre
> ________________________________
> On Jul 21, 2010 12:23 PM, Gordana Bojovska <gbojovska at gmail.com> wrote:
>
> Hi Guys,
> I couldn't figure out how to reply the original thread (been taking too many calls to figure it out)!
> So far we posted our signs this past weekend (25 of them) all over town.? We had them printed at BanditSigns.com and used the ones with the words Auction on them.? So far we have received 23 calls.
>
> Out 2500 mailers just got delivered yesterday (we received one call on those so far from the mailman who delivered some of them!) But nothing from people they were sent to yet.
>
> Our newspaper ads (all?3 of them) go live today so I expect a number of calls later this evening when people go home from work.
>
> Out of those 23 calls we did not count 2 investors that wanted to know how to do this and one person who wanted to purchase the property below starting bid because he said he was not coming to the sale.
>
> How else can we drive more people to our neighborhood to sell this house this weekend?? The problem is that the market is absolutely saturated with homes for sale and there dont' seem to be many sales in the area lately. The realtors in this town seem to all sit around waiting for clients to walk through the door instead of aggressively marketing outside of this area to bring more people in.
>
> Any further ideas?
> Thanks everyone- we did change Auction to Must Sell on our mailers and the wording on the newspaper ads says Offered instead of Sold.? Or Best Offer like stated in the book seems to give people the notion that we will go lower- so we have changed this to Starting at......
>
> Thanks everyone- I will keep you posted on our progress!
>
> Gordana
>
> ---------- Forwarded message ----------
> From:?Bill Effros <bill at effros.com>
> To:?How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>
> Date:?Wed, 21 Jul 2010 14:27:43 -0400
> Subject:?Re: [5-DayForum] Pawling 5 Day Sale
> Gordana,
>
> I sold my father-in-law's home in Pawling many years ago.? Offered it for $9,975.? Sold it for $70,000.? Was hoping for $25,000.? (It was a wreck.)
>
> Times have changed.
>
> Enough people will show up.? Play it straight.? Take the top bid.
>
> Banks and government programs have totally distorted the housing market.? Short sellers can sell your home for less than banks will take from you, with both the short seller and the bank making more money than they would make if they took what you can pay.
>
> It's not fair, but that's the way it is.
>
> Run your 5-Day Sale.? Find out how much you can get for your home in this market.? Then start negotiating with the buyer and with the bank.
>
> You are not locked into anything if you accept the high bid at the end of a 5-Day Sale -- that is just the beginning of the process.? The key is culling the serious buyers out of the herd.
>
> I'll keep an eye on what's happening.
>
> Bill Effros
> Author
> 5-Day Seller -- Pawling, NY
>
>
>
>
>
> On 7/21/2010 12:20 PM, Gordana Bojovska wrote:
>
> Hi Guys,
> I couldn't figure out how to reply the original thread (been taking too many calls to figure it out)!
> So far we posted our signs this past weekend (25 of them) all over town.? We had them printed at BanditSigns.com and used the ones with the words Auction on them.? So far we have received 23 calls.
>
> Out 2500 mailers just got delivered yesterday (we received one call on those so far from the mailman who delivered some of them!) But nothing from people they were sent to yet.
>
> Our newspaper ads (all?3 of them) go live today so I expect a number of calls later this evening when people go home from work.
>
> Out of those 23 calls we did not count 2 investors that wanted to know how to do this and one person who wanted to purchase the property below starting bid because he said he was not coming to the sale.
>
> How else can we drive more people to our neighborhood to sell this house this weekend?? The problem is that the market is absolutely saturated with homes for sale and there dont' seem to be many sales in the area lately. The realtors in this town seem to all sit around waiting for clients to walk through the door instead of aggressively marketing outside of this area to bring more people in.
>
> Any further ideas?
> Thanks everyone- we did change Auction to Must Sell on our mailers and the wording on the newspaper ads says Offered instead of Sold.? Or Best Offer like stated in the book seems to give people the notion that we will go lower- so we have changed this to Starting at......
>
> Thanks everyone- I will keep you posted on our progress!
>
> Gordana
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
>
> ---------- Forwarded message ----------
> From:?marci s <schwemer97 at yahoo.com>
> To:?5-dayforum at mailman.howtosellyourhomein5days.com
> Date:?Wed, 21 Jul 2010 17:23:45 -0700 (PDT)
> Subject:?[5-DayForum] general ?
> Hi, I am doing the 5 day sale this week and have my ad in the paper and on craigs list.
> I have a couple of questions?
> 1. What do you tell people about why the price is so cheap?
> I thought I would just say I am very motivated and want a quick sale due to relocation but I'm not sure what to expect they will then ask.
> 2. I also have my home listed through americas choice which is a for sale by owner but they provide a website and phone no to call for info. If people see that sign in my yard ?and look it up they will see a very different price. This company gets no commission. Should I remove the sign in my yard so no one can look it up and see the price I have listed? That seems like a real pain to pull the sign out tho. What should I say about that?
> 3. I have my quick description ready to tell the callers but some of the other ?'s I am worried about. I have about 3 to call back from today, i was at work.
> 4. Do I say I'm hosting the open house/inspection this weekend and everyone who attends may leave their bid and I will call everyone sunday evening to let them know what the highest bid is at that moment. When everyone has had the chance to place their final bid, the highest bidder will be offered the property?
> thanks for any advise
>
>
> ---------- Forwarded message ----------
> From:?"Korge Mori" <medic_korge at yahoo.com>
> To:?"How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
> Date:?Thu, 22 Jul 2010 09:10:33 -0400
> Subject:?Re: [5-DayForum] general ?
> All good questions, Marci. I'm going to answer from my current experience on Day 2 of my sale (is that where you're at?)
> 1) I've had a few people ask me this, and this my straight-up answer: my price is so low solely to attract the most responses from my market. ?Then I proceed to explain the general history of my home; that my wife has owned it for the past 15 years and raised her 3 children in it, but then we got married and moved to Springfield a couple of years ago. So now I'm sick of making payments on an empty house and I'm ready to sell - it's otherwise in move-in condition. ?When I explain this, they realize that this is not a foreclosure auction, this is not a dilapidated home, and that I'm just a normal guy wanting to sell my home. And do you know how they respond? "Oh! Ok. So where is the house again?"
> 2) I would just pull the advertising on the other FSBO website temporarily. Remember, you're just trying to determine the true market value of your home, and if the offer satisfies you, you take it! ?If it doesn't work out for whatever reason, you go back to the FSBO website with the new price of your home. Or rent it out.
> 3) I don't even have the quick description ready, no time to put it together. Maybe that's bad strategy, but I believe in the system and the whole "full disclosure" thing, which I think will ultimately sell the house. ?In essence, I'm not selling the house just yet (that's this weekend), right now I'm just selling my honesty. ?So I have no canned schpeal.
> 4) yes, that's exactly what you tell them. ?And that's only if you even get that far in the initial conversation.
>
> Good luck, and keep us updated!
> -Korge
>
> -- Sent from my Palm Pre
> ________________________________
> On Jul 22, 2010 8:34 AM, marci s <schwemer97 at yahoo.com> wrote:
>
> Hi, I am doing the 5 day sale this week and have my ad in the paper and on craigs list.
> I have a couple of questions?
> 1. What do you tell people about why the price is so cheap?
> I thought I would just say I am very motivated and want a quick sale due to relocation but I'm not sure what to expect they will then ask.
> 2. I also have my home listed through americas choice which is a for sale by owner but they provide a website and phone no to call for info. If people see that sign in my yard ?and look it up they will see a very different price. This company gets no commission. Should I remove the sign in my yard so no one can look it up and see the price I have listed? That seems like a real pain to pull the sign out tho. What should I say about that?
> 3. I have my quick description ready to tell the callers but some of the other ?'s I am worried about. I have about 3 to call back from today, i was at work.
> 4. Do I say I'm hosting the open house/inspection this weekend and everyone who attends may leave their bid and I will call everyone sunday evening to let them know what the highest bid is at that moment. When everyone has had the chance to place their final bid, the highest bidder will be offered the property?
> thanks for any advise
>
>
> ---------- Forwarded message ----------
> From:?"Rosemarie Belcher" <rosemarie-fred at mindspring.com>
> To:?"How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
> Date:?Thu, 22 Jul 2010 10:33:34 -0400
> Subject:?Re: [5-DayForum] general ?
> Nicely done, Korge!
> I would add to the last question - it wasn't clear. On Sunday evening the highest bidder will get the first call, thus giving them an advantage in the bidding. I made a bidding sheet for each bidder with their contact info and kept track of their bids. Then as they dropped out I just threw that sheet away until I was down to about three, which I kept just in case I needed to go back to them.
> As far as all of Marci's original questions - I think you need to concentrate on this one marketing plan for this five day period and give it all you've got. Be honest with people, but don't tell them a whole lot more than the answer to their questions. Don't over think or over talk this - it's really quite simple.
> I hope you both have a great sale and get what you need.
> All the best
> Rosemarie
>
> ----- Original Message -----
> From: Korge Mori
> To: How To Sell Your Home in 5-Days
> Sent: Thursday, July 22, 2010 9:10 AM
> Subject: Re: [5-DayForum] general ?
> All good questions, Marci. I'm going to answer from my current experience on Day 2 of my sale (is that where you're at?)
> 1) I've had a few people ask me this, and this my straight-up answer: my price is so low solely to attract the most responses from my market. ?Then I proceed to explain the general history of my home; that my wife has owned it for the past 15 years and raised her 3 children in it, but then we got married and moved to Springfield a couple of years ago. So now I'm sick of making payments on an empty house and I'm ready to sell - it's otherwise in move-in condition. ?When I explain this, they realize that this is not a foreclosure auction, this is not a dilapidated home, and that I'm just a normal guy wanting to sell my home. And do you know how they respond? "Oh! Ok. So where is the house again?"
> 2) I would just pull the advertising on the other FSBO website temporarily. Remember, you're just trying to determine the true market value of your home, and if the offer satisfies you, you take it! ?If it doesn't work out for whatever reason, you go back to the FSBO website with the new price of your home. Or rent it out.
> 3) I don't even have the quick description ready, no time to put it together. Maybe that's bad strategy, but I believe in the system and the whole "full disclosure" thing, which I think will ultimately sell the house. ?In essence, I'm not selling the house just yet (that's this weekend), right now I'm just selling my honesty. ?So I have no canned schpeal.
> 4) yes, that's exactly what you tell them. ?And that's only if you even get that far in the initial conversation.
>
> Good luck, and keep us updated!
> -Korge
>
> -- Sent from my Palm Pre
> ________________________________
> On Jul 22, 2010 8:34 AM, marci s <schwemer97 at yahoo.com> wrote:
>
> Hi, I am doing the 5 day sale this week and have my ad in the paper and on craigs list.
> I have a couple of questions?
> 1. What do you tell people about why the price is so cheap?
> I thought I would just say I am very motivated and want a quick sale due to relocation but I'm not sure what to expect they will then ask.
> 2. I also have my home listed through americas choice which is a for sale by owner but they provide a website and phone no to call for info. If people see that sign in my yard ?and look it up they will see a very different price. This company gets no commission. Should I remove the sign in my yard so no one can look it up and see the price I have listed? That seems like a real pain to pull the sign out tho. What should I say about that?
> 3. I have my quick description ready to tell the callers but some of the other ?'s I am worried about. I have about 3 to call back from today, i was at work.
> 4. Do I say I'm hosting the open house/inspection this weekend and everyone who attends may leave their bid and I will call everyone sunday evening to let them know what the highest bid is at that moment. When everyone has had the chance to place their final bid, the highest bidder will be offered the property?
> thanks for any advise
>
> ________________________________
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
>



-- 
Gordana Bojovska
201-993-9760
gbojovska at gmail.com


From medic_korge at yahoo.com  Thu Jul 22 22:50:12 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Thu, 22 Jul 2010 22:50:12 -0400
Subject: [5-DayForum] Piqua sale: Day 2
Message-ID: <244658.80405.qm@smtp103-mob.biz.mail.gq1.yahoo.com>

31 calls and counting! Looks as if my sale is a GO at this point! I'm sorry to hear about your disappointing response, Marci - I hope we can figure out what went wrong and get you going again.

I want to share with everyone some good lessons i've learned along the way so far:

1) Out of the ads in the three county papers, the cragslist ads and the handwritten signs, the most responses have come from... the paper ads! I know most people won't get the same response from the paper as i've had, but here's how it works in Smalltown, USA: nobody cares about us. The internet cares about Hollywood and DC and major cities, but not Piqua, OH. The TV News only cares about the big regional cities, and they'll only afford places like Piqua a "Bureau Chief", which is just some guy who gets paid to report on the centenarian bdays in town. &nbsp;The only place to get your daily local news in Piqua is the paper, and everyone around here relies on it. &nbsp;It's the best $400 investment I've made in this sale. &nbsp;By the way, cragslist sucks. I've only received one legit response, and 10 &nbsp;other fake sells from spammers. Won't make that mistake again.

2) My signs are way too flimsy. If you're going to invest any amount of money, err on the side of too much tape and thicker dowel rods. &nbsp;I know that the crowds are endeared by the "one man against the world... one handwritten sign at a time" bit, but dilapidated signs all over the place just looks hokey and lazy.

3) When Bill asks you in the book, "Are you REALLY ready?" you REALLY need to ask yourself that question. &nbsp;Two things keep nagging me in the back of my head: 1) do/did you really want to invest that much money to fix that up?, and 2) am I REALLY prepared to accept the high bid being lower than what I owe?

I'm excited to have passed the "25" threshold. Still nervous about things I need to fix and being honest about "yeah, I put that drywall up. I know it's not the greatest job in the world..." and "yeah, these outlets don't work. Don't know why. I'm not an electrician." And definitely worried that the high bid won't be what I had hoped. &nbsp;Wish me luck, guys.

-Korge

-- Sent from my Palm Pre

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From dszarmack at comcast.net  Thu Jul 22 12:15:12 2010
From: dszarmack at comcast.net (Dale Szarmack)
Date: Thu, 22 Jul 2010 12:15:12 -0400
Subject: [5-DayForum] general ?
References: <119995.70709.qm@web65513.mail.ac4.yahoo.com>
	<280017.98373.qm@web65503.mail.ac4.yahoo.com>
Message-ID: <AD1877DA0A4B4A249D16500AE1E92E1E@kimc7f9a9333c1>

In 2006 I sold my home with the 5-day system. I got no calls from my ad (it ran for a week) but went for it anyways and sold my home. Don't put all your stock into that ad.

Dale
  ----- Original Message ----- 
  From: marci s 
  To: How To Sell Your Home in 5-Days 
  Sent: Thursday, July 22, 2010 12:00 PM
  Subject: Re: [5-DayForum] general ?


  Well it's day two of the ad and not one call so far today. I had just 3 the first day so things look disappointing. I know I listed the price less than half of it's worth. It's less than 5 yrs old and the price I listed it extremely good for this area. Looks like I will not be doing my sale



------------------------------------------------------------------------------
  From: marci s <schwemer97 at yahoo.com>
  To: 5-dayforum at mailman.howtosellyourhomein5days.com
  Sent: Wed, July 21, 2010 8:23:45 PM
  Subject: [5-DayForum] general ?


  Hi, I am doing the 5 day sale this week and have my ad in the paper and on craigs list. 
  I have a couple of questions?
  1. What do you tell people about why the price is so cheap?
  I thought I would just say I am very motivated and want a quick sale due to relocation but I'm not sure what to expect they will then ask.


  2. I also have my home listed through americas choice which is a for sale by owner but they provide a website and phone no to call for info. If people see that sign in my yard  and look it up they will see a very different price. This company gets no commission. Should I remove the sign in my yard so no one can look it up and see the price I have listed? That seems like a real pain to pull the sign out tho. What should I say about that?


  3. I have my quick description ready to tell the callers but some of the other ?'s I am worried about. I have about 3 to call back from today, i was at work. 


  4. Do I say I'm hosting the open house/inspection this weekend and everyone who attends may leave their bid and I will call everyone sunday evening to let them know what the highest bid is at that moment. When everyone has had the chance to place their final bid, the highest bidder will be offered the property?


  thanks for any advise






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From bill at effros.com  Sat Jul 24 09:25:56 2010
From: bill at effros.com (Bill Effros)
Date: Sat, 24 Jul 2010 09:25:56 -0400
Subject: [5-DayForum] Piqua sale: Day 2
In-Reply-To: <244658.80405.qm@smtp103-mob.biz.mail.gq1.yahoo.com>
References: <244658.80405.qm@smtp103-mob.biz.mail.gq1.yahoo.com>
Message-ID: <4C4AE9E4.1090202@effros.com>

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From medic_korge at yahoo.com  Sat Jul 24 10:12:43 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Sat, 24 Jul 2010 10:12:43 -0400
Subject: [5-DayForum] Piqua sale: start of Day 4
Message-ID: <791118.33119.qm@smtp101-mob.biz.mail.ac4.yahoo.com>

Nervous. Calls significantly dropped off yesterday - I had to take down most of my signs because they're getting destroyed by the wind and such, so now I'm going to have to rely on the newspaper ads which, thankfully, is what's getting me the most responses. Almost to 40 calls.

I'm most nervous about the neghbors - they've seen the signs around town and now they quietly think that I'm selling my home for $24_500. &nbsp;This is a small development (consists of 3 cul de sacs), and everyone here knows each other and is proud of their homes.

Gotta run - another visitor! -Korge

-- Sent from my Palm Pre

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From UltimateImage2 at aol.com  Sat Jul 24 12:26:02 2010
From: UltimateImage2 at aol.com (UltimateImage2 at aol.com)
Date: Sat, 24 Jul 2010 12:26:02 EDT
Subject: [5-DayForum] unsubscribe me please
Message-ID: <31b04.40a332c2.397c6e1a@aol.com>



 
In a message dated 7/24/2010 12:01:33 P.M. Eastern 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.]
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From daves8 at juno.com  Sat Jul 24 12:33:05 2010
From: daves8 at juno.com (daves8 at juno.com)
Date: Sat, 24 Jul 2010 10:33:05 -0600
Subject: [5-DayForum] unsubscribe me please
Message-ID: <20100724.103305.3572.1.daves8@juno.com>

Must be all image and no substance if you can't figure out how to
unsubscribe yourself.




On Sat, 24 Jul 2010 12:26:02 EDT UltimateImage2 at aol.com writes: 
        [5-DayForum] unsubscribe me please
 
 
In a message dated 7/24/2010 12:01:33 P.M. Eastern Daylight Time,
5-dayforum-request at mailman.howtosellyourhomein5days.com writes:
[This e-mail contains a MIME (Multipurpose Internet Mail Extensions)
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From medic_korge at yahoo.com  Sat Jul 24 19:48:36 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Sat, 24 Jul 2010 16:48:36 -0700 (PDT)
Subject: [5-DayForum] Piqua sale: end of Day 4
Message-ID: <798282.95613.qm@web82608.mail.mud.yahoo.com>

I am physically and emotionally spent.? One more day and my house will be sold.? 
It's just hard seeing the light at the end of the tunnel.

We had a good turnout - I think 14 groups of people streamed through our house, 
mostly at the start of the day.? Though most have heard of my sale through the 
paper, I'm sure turnout has been hurt by the number of signs that just didn't 
make it throught the elements.? It was really encouraging when we had three 
groups of people at the same time early on - just like the book says! - and was 
really discouraging between 2 and close to 5, when there was NOBODY.? At the 
last minute, another three groups came through.? Come to think of it, maybe it 
was more like 16 or 17 groups that came in altogether.

The most discouraging thing is that, for the life of me, I can't get people to 
put down bids!? Two groups have listed a bid, and both were close to the price 
that I posted ($24,500).? I'm not sure if that's scaring people off or 
something.? This, despite the fact that I've repeatedly told everyone that no 
one is obligated to anything until a contract is signed, that you can place a 
penny bid if you want, that the initial bid has very little significance other 
than that it gets you a seat at the bidding table on Sunday night (unless, of 
course, you're wanting to be at the head of the table with the high initial bid, 
which still doesn't mean too much to me).? Many people that appeared to be 
serious buyers (believe me, I'm treating EVERYONE like they could be a serious 
buyer) "needed some time to think about it" and didn't place a bid.? I know that 
most people will show up just out of sheer curiosity, but I just find it 
discouraging nonetheless to only have two bids at the end of the day.? Some 
encouragement, please; does it get better tomorrow?? What am I doing wrong?

I'm making my plans on what to tell the bank when I come up short of the 
mortgage.? I'll take the hit to my credit if that's what it takes to stop paying 
all of this money month to month on an empty house.? If they try to strongarm me 
into taking out a second mortgage or something on my current house, I'm going to 
show them the system that I used, that there is no way that they'll find a buyer 
with a higher bid for my home at this time, that the bank will, one way or 
another, make money on my house, and that if they can't take the offer then I'm 
turning around and leaving the home to foreclosure.? Is that the sound of a 
desperate man or what?? Any better ideas from anyone out there?

I'm obviously tired, so I'm heading to bed.? It's a quarter to eight.

-Korge


      


From tomhoffman at live.com  Sat Jul 24 22:54:16 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Sat, 24 Jul 2010 20:54:16 -0600
Subject: [5-DayForum] Piqua sale: end of Day 4
In-Reply-To: <798282.95613.qm@web82608.mail.mud.yahoo.com>
References: <798282.95613.qm@web82608.mail.mud.yahoo.com>
Message-ID: <BLU135-W189939967EB2D5F46A07B8B0A50@phx.gbl>


Don't get discouraged. Sounds like you had a good day. Many of those that didn't bid today will be back. There are lots of options. Are you doing this sale alone or do you have some help?

Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 
> Date: Sat, 24 Jul 2010 16:48:36 -0700
> From: medic_korge at yahoo.com
> To: 5-dayforum at mailman.howtosellyourhomein5days.com
> Subject: [5-DayForum] Piqua sale: end of Day 4
> 
> I am physically and emotionally spent.  One more day and my house will be sold.  
> It's just hard seeing the light at the end of the tunnel.
> 
> We had a good turnout - I think 14 groups of people streamed through our house, 
> mostly at the start of the day.  Though most have heard of my sale through the 
> paper, I'm sure turnout has been hurt by the number of signs that just didn't 
> make it throught the elements.  It was really encouraging when we had three 
> groups of people at the same time early on - just like the book says! - and was 
> really discouraging between 2 and close to 5, when there was NOBODY.  At the 
> last minute, another three groups came through.  Come to think of it, maybe it 
> was more like 16 or 17 groups that came in altogether.
> 
> The most discouraging thing is that, for the life of me, I can't get people to 
> put down bids!  Two groups have listed a bid, and both were close to the price 
> that I posted ($24,500).  I'm not sure if that's scaring people off or 
> something.  This, despite the fact that I've repeatedly told everyone that no 
> one is obligated to anything until a contract is signed, that you can place a 
> penny bid if you want, that the initial bid has very little significance other 
> than that it gets you a seat at the bidding table on Sunday night (unless, of 
> course, you're wanting to be at the head of the table with the high initial bid, 
> which still doesn't mean too much to me).  Many people that appeared to be 
> serious buyers (believe me, I'm treating EVERYONE like they could be a serious 
> buyer) "needed some time to think about it" and didn't place a bid.  I know that 
> most people will show up just out of sheer curiosity, but I just find it 
> discouraging nonetheless to only have two bids at the end of the day.  Some 
> encouragement, please; does it get better tomorrow?  What am I doing wrong?
> 
> I'm making my plans on what to tell the bank when I come up short of the 
> mortgage.  I'll take the hit to my credit if that's what it takes to stop paying 
> all of this money month to month on an empty house.  If they try to strongarm me 
> into taking out a second mortgage or something on my current house, I'm going to 
> show them the system that I used, that there is no way that they'll find a buyer 
> with a higher bid for my home at this time, that the bank will, one way or 
> another, make money on my house, and that if they can't take the offer then I'm 
> turning around and leaving the home to foreclosure.  Is that the sound of a 
> desperate man or what?  Any better ideas from anyone out there?
> 
> I'm obviously tired, so I'm heading to bed.  It's a quarter to eight.
> 
> -Korge
> 
> 
> 
> 
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
 		 	   		  
_________________________________________________________________
Hotmail has tools for the New Busy. Search, chat and e-mail from your inbox.
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From bill at effros.com  Sat Jul 24 23:08:35 2010
From: bill at effros.com (Bill Effros)
Date: Sat, 24 Jul 2010 23:08:35 -0400
Subject: [5-DayForum] Piqua sale: end of Day 4
In-Reply-To: <798282.95613.qm@web82608.mail.mud.yahoo.com>
References: <798282.95613.qm@web82608.mail.mud.yahoo.com>
Message-ID: <4C4BAAB3.1060600@effros.com>

Korge,

It sounds like you've done everything right.

It's a lot of work.

There is absolutely no pattern to the bidding.  If buyers believe you 
they will call or reappear to find out where the bidding stands.  If it 
still stands at $24,500, they will believe you, and jump in.  $25,000 is 
a great deal.  Neighbors will bring their children to buy a house in the 
old neighborhood.  Cheap!

The 5-Day Method can't change the market.  But it can give you a strong 
bargaining position, and you can negotiate your way out of an impossible 
situation.  Play straight, and let the chips fall where they may.  
Nobody is going to show up to offer you $100,000 for that house.  You 
are just the middleman, playing with the ultimate trump card: you will 
walk away if the best buyer and the bank can't work something out.

This is not pretty, but it's your job to make everyone understand, 
that's the way it is.  If the high bidder wants the house, the bank will 
find a way to make the best possible deal.  If not, the bank will wind 
up with the home.  Either way, you won't lose any more than you have 
already lost, and you can get on with your life.

Every real buyer for your home knows about your sale.  Forget about the 
signs.  Pace yourself Sunday so you can remain focused during the Round 
Robin.  Nail down the best bidder and work with that bidder to transfer 
ownership of that home.  It will be the best deal that buyer can get, 
while, at the same time being the best deal you can get--and the best 
deal the bank can get, for that matter.

Just go with the flow.

Bill Effros
Author

PS -- I went to college in Yellow Springs almost 50 years ago.  I owned 
a 1950 hearse and found myself in Piqua frequently to obtain spare parts 
that were not readily available elsewhere.

On 7/24/2010 7:48 PM, Korge Mori wrote:
> I am physically and emotionally spent.  One more day and my house will be sold. 
> It's just hard seeing the light at the end of the tunnel.
>
> We had a good turnout - I think 14 groups of people streamed through our house,
> mostly at the start of the day.  Though most have heard of my sale through the
> paper, I'm sure turnout has been hurt by the number of signs that just didn't
> make it throught the elements.  It was really encouraging when we had three
> groups of people at the same time early on - just like the book says! - and was
> really discouraging between 2 and close to 5, when there was NOBODY.  At the
> last minute, another three groups came through.  Come to think of it, maybe it
> was more like 16 or 17 groups that came in altogether.
>
> The most discouraging thing is that, for the life of me, I can't get people to
> put down bids!  Two groups have listed a bid, and both were close to the price
> that I posted ($24,500).  I'm not sure if that's scaring people off or
> something.  This, despite the fact that I've repeatedly told everyone that no
> one is obligated to anything until a contract is signed, that you can place a
> penny bid if you want, that the initial bid has very little significance other
> than that it gets you a seat at the bidding table on Sunday night (unless, of
> course, you're wanting to be at the head of the table with the high initial bid,
> which still doesn't mean too much to me).  Many people that appeared to be
> serious buyers (believe me, I'm treating EVERYONE like they could be a serious
> buyer) "needed some time to think about it" and didn't place a bid.  I know that
> most people will show up just out of sheer curiosity, but I just find it
> discouraging nonetheless to only have two bids at the end of the day.  Some
> encouragement, please; does it get better tomorrow?  What am I doing wrong?
>
> I'm making my plans on what to tell the bank when I come up short of the
> mortgage.  I'll take the hit to my credit if that's what it takes to stop paying
> all of this money month to month on an empty house.  If they try to strongarm me
> into taking out a second mortgage or something on my current house, I'm going to
> show them the system that I used, that there is no way that they'll find a buyer
> with a higher bid for my home at this time, that the bank will, one way or
> another, make money on my house, and that if they can't take the offer then I'm
> turning around and leaving the home to foreclosure.  Is that the sound of a
> desperate man or what?  Any better ideas from anyone out there?
>
> I'm obviously tired, so I'm heading to bed.  It's a quarter to eight.
>
> -Korge
>
>
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
>    

From indicolts at iowatelecom.net  Sat Jul 24 09:26:52 2010
From: indicolts at iowatelecom.net (Michael Pearson)
Date: Sat, 24 Jul 2010 08:26:52 -0500
Subject: [5-DayForum] general ?
In-Reply-To: <AD1877DA0A4B4A249D16500AE1E92E1E@kimc7f9a9333c1>
References: <119995.70709.qm@web65513.mail.ac4.yahoo.com>	<280017.98373.qm@web65503.mail.ac4.yahoo.com>
	<AD1877DA0A4B4A249D16500AE1E92E1E@kimc7f9a9333c1>
Message-ID: <001e01cb2b33$e1b36cf0$a51a46d0$@net>

I don't understand what you mean by 'going for it anyway'.  How did you sell
your home without depending upon the ad?  Did you get what you wanted?

 

Michael

 

From:
5-dayforum-bounces+indicolts=fastmail.fm at mailman.howtosellyourhomein5days.co
m
[mailto:5-dayforum-bounces+indicolts=fastmail.fm at mailman.howtosellyourhomein
5days.com] On Behalf Of Dale Szarmack
Sent: Thursday, July 22, 2010 11:15 AM
To: How To Sell Your Home in 5-Days
Subject: Re: [5-DayForum] general ?

 

In 2006 I sold my home with the 5-day system. I got no calls from my ad (it
ran for a week) but went for it anyways and sold my home. Don't put all your
stock into that ad.

 

Dale

----- Original Message ----- 

From: marci s <mailto:schwemer97 at yahoo.com>  

To: How To Sell Your Home
<mailto:5-dayforum at mailman.howtosellyourhomein5days.com>  in 5-Days 

Sent: Thursday, July 22, 2010 12:00 PM

Subject: Re: [5-DayForum] general ?

 

Well it's day two of the ad and not one call so far today. I had just 3 the
first day so things look disappointing. I know I listed the price less than
half of it's worth. It's less than 5 yrs old and the price I listed it
extremely good for this area. Looks like I will not be doing my sale

 


  _____  


From: marci s <schwemer97 at yahoo.com>
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Sent: Wed, July 21, 2010 8:23:45 PM
Subject: [5-DayForum] general ?

Hi, I am doing the 5 day sale this week and have my ad in the paper and on
craigs list. 

I have a couple of questions?

1. What do you tell people about why the price is so cheap?

I thought I would just say I am very motivated and want a quick sale due to
relocation but I'm not sure what to expect they will then ask.

 

2. I also have my home listed through americas choice which is a for sale by
owner but they provide a website and phone no to call for info. If people
see that sign in my yard  and look it up they will see a very different
price. This company gets no commission. Should I remove the sign in my yard
so no one can look it up and see the price I have listed? That seems like a
real pain to pull the sign out tho. What should I say about that?

 

3. I have my quick description ready to tell the callers but some of the
other ?'s I am worried about. I have about 3 to call back from today, i was
at work. 

 

4. Do I say I'm hosting the open house/inspection this weekend and everyone
who attends may leave their bid and I will call everyone sunday evening to
let them know what the highest bid is at that moment. When everyone has had
the chance to place their final bid, the highest bidder will be offered the
property?

 

thanks for any advise

 

 

  _____  

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From medic_korge at yahoo.com  Sun Jul 25 22:50:24 2010
From: medic_korge at yahoo.com (Korge Mori)
Date: Sun, 25 Jul 2010 19:50:24 -0700 (PDT)
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
Message-ID: <853943.22367.qm@web82608.mail.mud.yahoo.com>

The sale was an abject failure.

I did everything right.? Everything was by the book.? No adjustments or 
modifications were made to the 5-Day Sale system.

Day 5 was quiet for the most part.??6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding.? I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands.? If 
it still stands at $24,500, they will believe you, and jump in.? $25,000 is a 
great deal.? Neighbors will bring their children to buy a house in the old 
neighborhood.? Cheap!"? And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal!

I ended up with 4 bids.? The highest was from the neighbor 2 doors down.? 
Remember, my posted price was "$24,500 Or Best Offer", magic number and all.? I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500.? The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000.? I called the highest bidder first.? I made it sound like this was the 
start of some great party, and he?made it sound?like he was the one that was 
forced to attend.? He, of course, stayed his bid.? The second bidder would not 
advance and dropped out.? The third never answered the phone.? The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything.? He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it.? Well, anyway, he dropped out, too.? So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price.? Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No."? That's 
it.? Just "No."? So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house.? Thank you so much for participating."? And 
that was that.

You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point.? The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection.? I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000.? I didn't have a single serious buyer.? Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house."? I'm not saying 
this in denial, folks - the response to my initial price point proves this.

I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000.? I got all kinds of stories during the 
inspection.? "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money.? I'm 
currently unemployed, see..."

I'm not sure why this system failed.? All I know is that it did fail, plain and 
simple.? My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market.? It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book.? Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day."

Stop lying to yourself, folks.? I had up until today, and I'm no better for it.

-Korge



      


From ken_thurman at yahoo.com  Mon Jul 26 08:35:59 2010
From: ken_thurman at yahoo.com (ken_thurman at yahoo.com)
Date: Mon, 26 Jul 2010 12:35:59 +0000
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
In-Reply-To: <853943.22367.qm@web82608.mail.mud.yahoo.com>
References: <853943.22367.qm@web82608.mail.mud.yahoo.com>
Message-ID: <1333008661-1280148044-cardhu_decombobulator_blackberry.rim.net-1053489886-@bda572.bisx.prod.on.blackberry>

Don't forget....you are no worse off either! In fact, you are in a stronger position with your bank.  Couldn't you now ask for either a modification or short sale price with more confidence? If you successfully modified, could you rent or lease option?
Sent via BlackBerry by AT&T

-----Original Message-----
From: Korge Mori <medic_korge at yahoo.com>
Sender: 5-dayforum-bounces+ken_thurman=yahoo.com at mailman.howtosellyourhomein5days.com
Date: Sun, 25 Jul 2010 19:50:24 
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Reply-To: How To Sell Your Home in 5-Days
	<5-dayforum at mailman.howtosellyourhomein5days.com>
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results

The sale was an abject failure.

I did everything right.? Everything was by the book.? No adjustments or 
modifications were made to the 5-Day Sale system.

Day 5 was quiet for the most part.??6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding.? I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands.? If 
it still stands at $24,500, they will believe you, and jump in.? $25,000 is a 
great deal.? Neighbors will bring their children to buy a house in the old 
neighborhood.? Cheap!"? And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal!

I ended up with 4 bids.? The highest was from the neighbor 2 doors down.? 
Remember, my posted price was "$24,500 Or Best Offer", magic number and all.? I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500.? The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000.? I called the highest bidder first.? I made it sound like this was the 
start of some great party, and he?made it sound?like he was the one that was 
forced to attend.? He, of course, stayed his bid.? The second bidder would not 
advance and dropped out.? The third never answered the phone.? The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything.? He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it.? Well, anyway, he dropped out, too.? So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price.? Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No."? That's 
it.? Just "No."? So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house.? Thank you so much for participating."? And 
that was that.

You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point.? The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection.? I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000.? I didn't have a single serious buyer.? Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house."? I'm not saying 
this in denial, folks - the response to my initial price point proves this.

I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000.? I got all kinds of stories during the 
inspection.? "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money.? I'm 
currently unemployed, see..."

I'm not sure why this system failed.? All I know is that it did fail, plain and 
simple.? My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market.? It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book.? Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day."

Stop lying to yourself, folks.? I had up until today, and I'm no better for it.

-Korge



      

_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum


From rosemarie-fred at mindspring.com  Mon Jul 26 09:49:58 2010
From: rosemarie-fred at mindspring.com (Rosemarie Belcher)
Date: Mon, 26 Jul 2010 09:49:58 -0400
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
References: <853943.22367.qm@web82608.mail.mud.yahoo.com>
Message-ID: <E9F759E59B854A1C9C43D0D390A6F6C9@rosemarifv6onv>

I am so sorry this happened to you. I don't claim to know why. Sounds like 
you had everything in place. I don't know if your lender will take the high 
bid, but it would not hurt to ask. Although if you are up to date on your 
payments they may not even talk to you.
We have a place in Florida that I was going to try this system on but I have 
given up and let it go into foreclosure. (The tax value last year was 
$300K - it suddenly went to $66K leaving us with a $200K mortgage. Ouch!) I 
have a buyer at a short sale price, but by the time the lender gets around 
to approving it he may go away. This is a simply rotten time to be selling. 
The realtors say that if the price is low enough, you will sell, and that is 
probably true, but most of us cannot make up the difference - as, in your 
case, between $40K and $80K. And in my case, it's between $66K and $200K. So 
that's why people walk away.
I was really rooting for you and feel so bad that it didn't happen.
Rosemarie

----- Original Message ----- 
From: "Korge Mori" <medic_korge at yahoo.com>
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Sunday, July 25, 2010 10:50 PM
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results


The sale was an abject failure.

I did everything right. Everything was by the book. No adjustments or
modifications were made to the 5-Day Sale system.

Day 5 was quiet for the most part. 6 groups came in, 4 of which were returns
from yesterday to check up on the bidding. I was worried, but not to overly
anxious about it because this is exactly what Bill said would happen: "If 
buyers
believe you they will call or reappear to find out where the bidding stands. 
If
it still stands at $24,500, they will believe you, and jump in. $25,000 is a
great deal. Neighbors will bring their children to buy a house in the old
neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 
houses
down brought his kids in hopes of getting a good deal!

I ended up with 4 bids. The highest was from the neighbor 2 doors down.
Remember, my posted price was "$24,500 Or Best Offer", magic number and all. 
I
owe $80,000, I believe my home is worth $60,000 on the low end, and either
number will produce the magic number of $24,500. The initial bids, in order
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and
$22,000. I called the highest bidder first. I made it sound like this was 
the
start of some great party, and he made it sound like he was the one that was
forced to attend. He, of course, stayed his bid. The second bidder would not
advance and dropped out. The third never answered the phone. The fourth was 
a
guy who really wanted the house and spent considerable time in my house 
looking
through everything. He told me upfront during the inspection that he 
couldn't
afford a house where the high bid was, but that his mother could definitely 
buy
into it. Well, anyway, he dropped out, too. So I go back to the first guy, 
and
I tell it to him straight: "You are the top bidder, but to be honest, I 
don't
believe the bank will accept this price. Are you willing to negotiate a 
price
with the bank so that you can make the purchase?" His response: "No." That's
it. Just "No." So after a silent two or three seconds, I said, "OK, well, I
guess this bidding did not work out as I had hoped, and I'll have to find
another way of selling this house. Thank you so much for participating." And
that was that.

You can say that my home is probably worth well below what I believe it to 
be
worth, but that's not even the point. The book says that if I have priced 
the
home with a low enough magic number, then I should get 25 responses by 
Friday
and the two or three serious buyers will surely be in the mix during my
inspection. I got 31 responses by Friday, which says that my price point is
correct - and it also says that the value of my home, at the very least, 
should
be around $50,000. I didn't have a single serious buyer. Even if you counted
my high bidder as a serious buyer, no one in their right mind can look at my
house and say, "Yeah, $40,000 is about right for that house." I'm not saying
this in denial, folks - the response to my initial price point proves this.

I hate to prejudge people (so I guess I will), but it seemed to me that my 
sale
attracted two types of people: the investors who wanted to get a steal to 
flip,
and those that saw the initial price and hoped beyond hope that they were 
going
to get a great deal for a great house, though they probably wouldn't be able 
to
afford anything much beyond $25,000. I got all kinds of stories during the
inspection. "Well, we were living in a trailer and you wouldn't believe that
the landlord kicked us out and now we're in a two-bedroom apartment and the
landlord is trying to get us out again so then we saw your ad..."; "You 
know,
I'm looking for something to do, a fixer-upper, maybe make some money. I'm
currently unemployed, see..."

I'm not sure why this system failed. All I know is that it did fail, plain 
and
simple. My case is one which proves that you CANNOT use this system in any 
time
and in any place, whether buyer's or seller's market. It proves that you 
WILL
NOT consistently get the high end of what the market will support on that
particular day when you follow the book. Maybe you could counter by saying,
"Well, there just wasn't a market for your home on that particular day."

Stop lying to yourself, folks. I had up until today, and I'm no better for 
it.

-Korge





_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 


From skyhighplanning at gmail.com  Mon Jul 26 10:55:52 2010
From: skyhighplanning at gmail.com (SKY HIGH)
Date: Mon, 26 Jul 2010 10:55:52 -0400
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
In-Reply-To: <E9F759E59B854A1C9C43D0D390A6F6C9@rosemarifv6onv>
References: <853943.22367.qm@web82608.mail.mud.yahoo.com>
	<E9F759E59B854A1C9C43D0D390A6F6C9@rosemarifv6onv>
Message-ID: <FEAAB5E7-D59C-4174-998B-B340D3CF8819@gmail.com>

There is a very good chance for your lender to accept the high bid but  
if you do not want to deal with it you should get professional help.

Rosemarie,
I believe it is important for you and everyone else to understand that  
being "upside down" on your mortgage doesn't mean you should walk  
away.  Of course, depending on several factors the short sale process  
to get bank to approve the sale for less than balance owed can take  
time.  The buyer may not want to wait too long but that doesn't mean  
you can't find another buyer or find one that is willing to wait.  The  
problem is that most people don't know that walking away an letting  
the property foreclose will probably get you in a worse situation.  It  
is more probable that they will come after you for the deficiency  
(difference owed) and possibly even sell for less making the  
difference larger.  With no one negotiating or representing your  
interests the situation can be much worse. It is possible for the  
lender to waive deficiency in the short sale so it's worth trying but  
you must have a professional handle the process for best results.
We specialize in this process especially in Florida.  I would be happy  
to help you resolve this.  Please feel free to contact me anytime if  
you have questions.

Best regards,

Carlos A. Chica
Sky High Planning, Inc.
7380 Sand Lake Rd.  #500
Orlando, FL  32819
Office:  (407) 352-3220
Fax:      (407) 738-4816
Cell:      (646) 552-0107
skyhighplanning at gmail.com

www.SHORTSALESFINEST.com

Coming Soon:

www.SKYHIGHPLANNING.com

"It's kind of Fun to do the Impossible"

  -  Walt Disney

On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com 
 > wrote:

> I am so sorry this happened to you. I don't claim to know why.  
> Sounds like
> you had everything in place. I don't know if your lender will take  
> the high
> bid, but it would not hurt to ask. Although if you are up to date on  
> your
> payments they may not even talk to you.
> We have a place in Florida that I was going to try this system on  
> but I have
> given up and let it go into foreclosure. (The tax value last year was
> $300K - it suddenly went to $66K leaving us with a $200K mortgage.  
> Ouch!) I
> have a buyer at a short sale price, but by the time the lender gets  
> around
> to approving it he may go away. This is a simply rotten time to be  
> selling.
> The realtors say that if the price is low enough, you will sell, and  
> that is
> probably true, but most of us cannot make up the difference - as, in  
> your
> case, between $40K and $80K. And in my case, it's between $66K and  
> $200K. So
> that's why people walk away.
> I was really rooting for you and feel so bad that it didn't happen.
> Rosemarie
>
> ----- Original Message -----
> From: "Korge Mori" <medic_korge at yahoo.com>
> To: <5-dayforum at mailman.howtosellyourhomein5days.com>
> Sent: Sunday, July 25, 2010 10:50 PM
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
>
>
> The sale was an abject failure.
>
> I did everything right. Everything was by the book. No adjustments or
> modifications were made to the 5-Day Sale system.
>
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were  
> returns
> from yesterday to check up on the bidding. I was worried, but not to  
> overly
> anxious about it because this is exactly what Bill said would  
> happen: "If
> buyers
> believe you they will call or reappear to find out where the bidding  
> stands.
> If
> it still stands at $24,500, they will believe you, and jump in.  
> $25,000 is a
> great deal. Neighbors will bring their children to buy a house in  
> the old
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2
> houses
> down brought his kids in hopes of getting a good deal!
>
> I ended up with 4 bids. The highest was from the neighbor 2 doors  
> down.
> Remember, my posted price was "$24,500 Or Best Offer", magic number  
> and all.
> I
> owe $80,000, I believe my home is worth $60,000 on the low end, and  
> either
> number will produce the magic number of $24,500. The initial bids,  
> in order
> from highest to lowest, were as follows: $40,000, $35,000, $25,000,  
> and
> $22,000. I called the highest bidder first. I made it sound like  
> this was
> the
> start of some great party, and he made it sound like he was the one  
> that was
> forced to attend. He, of course, stayed his bid. The second bidder  
> would not
> advance and dropped out. The third never answered the phone. The  
> fourth was
> a
> guy who really wanted the house and spent considerable time in my  
> house
> looking
> through everything. He told me upfront during the inspection that he
> couldn't
> afford a house where the high bid was, but that his mother could  
> definitely
> buy
> into it. Well, anyway, he dropped out, too. So I go back to the  
> first guy,
> and
> I tell it to him straight: "You are the top bidder, but to be  
> honest, I
> don't
> believe the bank will accept this price. Are you willing to  
> negotiate a
> price
> with the bank so that you can make the purchase?" His response:  
> "No." That's
> it. Just "No." So after a silent two or three seconds, I said, "OK,  
> well, I
> guess this bidding did not work out as I had hoped, and I'll have to  
> find
> another way of selling this house. Thank you so much for  
> participating." And
> that was that.
>
> You can say that my home is probably worth well below what I believe  
> it to
> be
> worth, but that's not even the point. The book says that if I have  
> priced
> the
> home with a low enough magic number, then I should get 25 responses by
> Friday
> and the two or three serious buyers will surely be in the mix during  
> my
> inspection. I got 31 responses by Friday, which says that my price  
> point is
> correct - and it also says that the value of my home, at the very  
> least,
> should
> be around $50,000. I didn't have a single serious buyer. Even if you  
> counted
> my high bidder as a serious buyer, no one in their right mind can  
> look at my
> house and say, "Yeah, $40,000 is about right for that house." I'm  
> not saying
> this in denial, folks - the response to my initial price point  
> proves this.
>
> I hate to prejudge people (so I guess I will), but it seemed to me  
> that my
> sale
> attracted two types of people: the investors who wanted to get a  
> steal to
> flip,
> and those that saw the initial price and hoped beyond hope that they  
> were
> going
> to get a great deal for a great house, though they probably wouldn't  
> be able
> to
> afford anything much beyond $25,000. I got all kinds of stories  
> during the
> inspection. "Well, we were living in a trailer and you wouldn't  
> believe that
> the landlord kicked us out and now we're in a two-bedroom apartment  
> and the
> landlord is trying to get us out again so then we saw your ad...";  
> "You
> know,
> I'm looking for something to do, a fixer-upper, maybe make some  
> money. I'm
> currently unemployed, see..."
>
> I'm not sure why this system failed. All I know is that it did fail,  
> plain
> and
> simple. My case is one which proves that you CANNOT use this system  
> in any
> time
> and in any place, whether buyer's or seller's market. It proves that  
> you
> WILL
> NOT consistently get the high end of what the market will support on  
> that
> particular day when you follow the book. Maybe you could counter by  
> saying,
> "Well, there just wasn't a market for your home on that particular  
> day."
>
> Stop lying to yourself, folks. I had up until today, and I'm no  
> better for
> it.
>
> -Korge
>
>
>
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum

From peteskram at yahoo.com  Mon Jul 26 11:50:56 2010
From: peteskram at yahoo.com (Pete Skram)
Date: Mon, 26 Jul 2010 08:50:56 -0700 (PDT)
Subject: [5-DayForum] unsubscribe
In-Reply-To: <FEAAB5E7-D59C-4174-998B-B340D3CF8819@gmail.com>
Message-ID: <439514.76832.qm@web63403.mail.re1.yahoo.com>

Please unsubscribe me.? Thanks! 

--- On Mon, 7/26/10, SKY HIGH <skyhighplanning at gmail.com> wrote:


From: SKY HIGH <skyhighplanning at gmail.com>
Subject: Re: [5-DayForum] Piqua 5 Day Sale: Final Results
To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
Date: Monday, July 26, 2010, 9:55 AM


There is a very good chance for your lender to accept the high bid but? 
if you do not want to deal with it you should get professional help.

Rosemarie,
I believe it is important for you and everyone else to understand that? 
being "upside down" on your mortgage doesn't mean you should walk? 
away.? Of course, depending on several factors the short sale process? 
to get bank to approve the sale for less than balance owed can take? 
time.? The buyer may not want to wait too long but that doesn't mean? 
you can't find another buyer or find one that is willing to wait.? The? 
problem is that most people don't know that walking away an letting? 
the property foreclose will probably get you in a worse situation.? It? 
is more probable that they will come after you for the deficiency? 
(difference owed) and possibly even sell for less making the? 
difference larger.? With no one negotiating or representing your? 
interests the situation can be much worse. It is possible for the? 
lender to waive deficiency in the short sale so it's worth trying but? 
you must have a professional handle the process for best results.
We specialize in this process especially in Florida.? I would be happy? 
to help you resolve this.? Please feel free to contact me anytime if? 
you have questions.

Best regards,

Carlos A. Chica
Sky High Planning, Inc.
7380 Sand Lake Rd.? #500
Orlando, FL? 32819
Office:? (407) 352-3220
Fax:? ? ? (407) 738-4816
Cell:? ? ? (646) 552-0107
skyhighplanning at gmail.com

www.SHORTSALESFINEST.com

Coming Soon:

www.SKYHIGHPLANNING.com

"It's kind of Fun to do the Impossible"

? -? Walt Disney

On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com 
> wrote:

> I am so sorry this happened to you. I don't claim to know why.? 
> Sounds like
> you had everything in place. I don't know if your lender will take? 
> the high
> bid, but it would not hurt to ask. Although if you are up to date on? 
> your
> payments they may not even talk to you.
> We have a place in Florida that I was going to try this system on? 
> but I have
> given up and let it go into foreclosure. (The tax value last year was
> $300K - it suddenly went to $66K leaving us with a $200K mortgage.? 
> Ouch!) I
> have a buyer at a short sale price, but by the time the lender gets? 
> around
> to approving it he may go away. This is a simply rotten time to be? 
> selling.
> The realtors say that if the price is low enough, you will sell, and? 
> that is
> probably true, but most of us cannot make up the difference - as, in? 
> your
> case, between $40K and $80K. And in my case, it's between $66K and? 
> $200K. So
> that's why people walk away.
> I was really rooting for you and feel so bad that it didn't happen.
> Rosemarie
>
> ----- Original Message -----
> From: "Korge Mori" <medic_korge at yahoo.com>
> To: <5-dayforum at mailman.howtosellyourhomein5days.com>
> Sent: Sunday, July 25, 2010 10:50 PM
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
>
>
> The sale was an abject failure.
>
> I did everything right. Everything was by the book. No adjustments or
> modifications were made to the 5-Day Sale system.
>
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were? 
> returns
> from yesterday to check up on the bidding. I was worried, but not to? 
> overly
> anxious about it because this is exactly what Bill said would? 
> happen: "If
> buyers
> believe you they will call or reappear to find out where the bidding? 
> stands.
> If
> it still stands at $24,500, they will believe you, and jump in.? 
> $25,000 is a
> great deal. Neighbors will bring their children to buy a house in? 
> the old
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2
> houses
> down brought his kids in hopes of getting a good deal!
>
> I ended up with 4 bids. The highest was from the neighbor 2 doors? 
> down.
> Remember, my posted price was "$24,500 Or Best Offer", magic number? 
> and all.
> I
> owe $80,000, I believe my home is worth $60,000 on the low end, and? 
> either
> number will produce the magic number of $24,500. The initial bids,? 
> in order
> from highest to lowest, were as follows: $40,000, $35,000, $25,000,? 
> and
> $22,000. I called the highest bidder first. I made it sound like? 
> this was
> the
> start of some great party, and he made it sound like he was the one? 
> that was
> forced to attend. He, of course, stayed his bid. The second bidder? 
> would not
> advance and dropped out. The third never answered the phone. The? 
> fourth was
> a
> guy who really wanted the house and spent considerable time in my? 
> house
> looking
> through everything. He told me upfront during the inspection that he
> couldn't
> afford a house where the high bid was, but that his mother could? 
> definitely
> buy
> into it. Well, anyway, he dropped out, too. So I go back to the? 
> first guy,
> and
> I tell it to him straight: "You are the top bidder, but to be? 
> honest, I
> don't
> believe the bank will accept this price. Are you willing to? 
> negotiate a
> price
> with the bank so that you can make the purchase?" His response:? 
> "No." That's
> it. Just "No." So after a silent two or three seconds, I said, "OK,? 
> well, I
> guess this bidding did not work out as I had hoped, and I'll have to? 
> find
> another way of selling this house. Thank you so much for? 
> participating." And
> that was that.
>
> You can say that my home is probably worth well below what I believe? 
> it to
> be
> worth, but that's not even the point. The book says that if I have? 
> priced
> the
> home with a low enough magic number, then I should get 25 responses by
> Friday
> and the two or three serious buyers will surely be in the mix during? 
> my
> inspection. I got 31 responses by Friday, which says that my price? 
> point is
> correct - and it also says that the value of my home, at the very? 
> least,
> should
> be around $50,000. I didn't have a single serious buyer. Even if you? 
> counted
> my high bidder as a serious buyer, no one in their right mind can? 
> look at my
> house and say, "Yeah, $40,000 is about right for that house." I'm? 
> not saying
> this in denial, folks - the response to my initial price point? 
> proves this.
>
> I hate to prejudge people (so I guess I will), but it seemed to me? 
> that my
> sale
> attracted two types of people: the investors who wanted to get a? 
> steal to
> flip,
> and those that saw the initial price and hoped beyond hope that they? 
> were
> going
> to get a great deal for a great house, though they probably wouldn't? 
> be able
> to
> afford anything much beyond $25,000. I got all kinds of stories? 
> during the
> inspection. "Well, we were living in a trailer and you wouldn't? 
> believe that
> the landlord kicked us out and now we're in a two-bedroom apartment? 
> and the
> landlord is trying to get us out again so then we saw your ad...";? 
> "You
> know,
> I'm looking for something to do, a fixer-upper, maybe make some? 
> money. I'm
> currently unemployed, see..."
>
> I'm not sure why this system failed. All I know is that it did fail,? 
> plain
> and
> simple. My case is one which proves that you CANNOT use this system? 
> in any
> time
> and in any place, whether buyer's or seller's market. It proves that? 
> you
> WILL
> NOT consistently get the high end of what the market will support on? 
> that
> particular day when you follow the book. Maybe you could counter by? 
> saying,
> "Well, there just wasn't a market for your home on that particular? 
> day."
>
> Stop lying to yourself, folks. I had up until today, and I'm no? 
> better for
> it.
>
> -Korge
>
>
>
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
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From rpribilski at aol.com  Mon Jul 26 14:34:45 2010
From: rpribilski at aol.com (Rob)
Date: Mon, 26 Jul 2010 14:34:45 -0400 (EDT)
Subject: [5-DayForum] 5-DayForum Digest, Vol 40, Issue 18
In-Reply-To: 32712183
References: 32712183
Message-ID: <8CCFB085ADD06CF-5C4-109@webmail-m058.sysops.aol.com>

Piqua house. try it again in 2 or 3 weeks. i sell cars a lot and it is up and down too. one attempt via your situation is probably not a good representation of "it's a failure." It was this time. I am always amazed how all of a sudden there are serious buyers for a Craigslist offering when nothing happened for months. Try it again. Bill's commnets would be of interest here. 




Rob



-----Original Message-----
From: 5-dayforum-request <5-dayforum-request at mailman.howtosellyourhomein5days.com>
To: 5-dayforum <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Mon, Jul 26, 2010 11:02 am
Subject: 5-DayForum Digest, Vol 40, Issue 18


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Today's Topics:
   1. Piqua 5 Day Sale: Final Results (Korge Mori)
  2. Re: Piqua 5 Day Sale: Final Results (ken_thurman at yahoo.com)
  3. Re: Piqua 5 Day Sale: Final Results (Rosemarie Belcher)
  4. Re: Piqua 5 Day Sale: Final Results (SKY HIGH)
  5. unsubscribe (Pete Skram)


Attached Message


From:
Korge Mori <medic_korge at yahoo.com>

To:
5-dayforum at mailman.howtosellyourhomein5days.com

Subject:
[5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Sun, 25 Jul 2010 19:50:24 -0700 (PDT)



The sale was an abject failure.
I did everything right.  Everything was by the book.  No adjustments or 
odifications were made to the 5-Day Sale system.
Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
rom yesterday to check up on the bidding.  I was worried, but not to overly 
nxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands.  If 
it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
reat deal.  Neighbors will bring their children to buy a house in the old 
eighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
own brought his kids in hopes of getting a good deal!
I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
emember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
we $80,000, I believe my home is worth $60,000 on the low end, and either 
umber will produce the magic number of $24,500.  The initial bids, in order 
rom highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
22,000.  I called the highest bidder first.  I made it sound like this was the 
tart of some great party, and he made it sound like he was the one that was 
orced to attend.  He, of course, stayed his bid.  The second bidder would not 
dvance and dropped out.  The third never answered the phone.  The fourth was a 
uy who really wanted the house and spent considerable time in my house looking 
hrough everything.  He told me upfront during the inspection that he couldn't 
fford a house where the high bid was, but that his mother could definitely buy 
nto it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
elieve the bank will accept this price.  Are you willing to negotiate a price 
ith the bank so that you can make the purchase?" His response: "No."  That's 
t.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
uess this bidding did not work out as I had hoped, and I'll have to find 
nother way of selling this house.  Thank you so much for participating."  And 
hat was that.
You can say that my home is probably worth well below what I believe it to be 
orth, but that's not even the point.  The book says that if I have priced the 
ome with a low enough magic number, then I should get 25 responses by Friday 
nd the two or three serious buyers will surely be in the mix during my 
nspection.  I got 31 responses by Friday, which says that my price point is 
orrect - and it also says that the value of my home, at the very least, should 
e around $50,000.  I didn't have a single serious buyer.  Even if you counted 
y high bidder as a serious buyer, no one in their right mind can look at my 
ouse and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
his in denial, folks - the response to my initial price point proves this.
I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
ttracted two types of people: the investors who wanted to get a steal to flip, 
nd those that saw the initial price and hoped beyond hope that they were going 
o get a great deal for a great house, though they probably wouldn't be able to 
fford anything much beyond $25,000.  I got all kinds of stories during the 
nspection.  "Well, we were living in a trailer and you wouldn't believe that 
he landlord kicked us out and now we're in a two-bedroom apartment and the 
andlord is trying to get us out again so then we saw your ad..."; "You know, 
'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
urrently unemployed, see..."
I'm not sure why this system failed.  All I know is that it did fail, plain and 
imple.  My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market.  It proves that you WILL 
OT consistently get the high end of what the market will support on that 
articular day when you follow the book.  Maybe you could counter by saying, 
Well, there just wasn't a market for your home on that particular day."
Stop lying to yourself, folks.  I had up until today, and I'm no better for it.
-Korge

      






Attached Message


From:
ken_thurman at yahoo.com

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
Re: [5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 12:35:59 +0000



Don't forget....you are no worse off either! In fact, you are in a stronger 
osition with your bank.  Couldn't you now ask for either a modification or 
hort sale price with more confidence? If you successfully modified, could you 
ent or lease option?
ent via BlackBerry by AT&T
-----Original Message-----
rom: Korge Mori <medic_korge at yahoo.com>
ender: 5-dayforum-bounces+ken_thurman=yahoo.com at mailman.howtosellyourhomein5days.com
ate: Sun, 25 Jul 2010 19:50:24 
o: <5-dayforum at mailman.howtosellyourhomein5days.com>
eply-To: How To Sell Your Home in 5-Days
<5-dayforum at mailman.howtosellyourhomein5days.com>
ubject: [5-DayForum] Piqua 5 Day Sale: Final Results
The sale was an abject failure.
I did everything right.  Everything was by the book.  No adjustments or 
odifications were made to the 5-Day Sale system.
Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
rom yesterday to check up on the bidding.  I was worried, but not to overly 
nxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands.  If 
it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
reat deal.  Neighbors will bring their children to buy a house in the old 
eighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
own brought his kids in hopes of getting a good deal!
I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
emember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
we $80,000, I believe my home is worth $60,000 on the low end, and either 
umber will produce the magic number of $24,500.  The initial bids, in order 
rom highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
22,000.  I called the highest bidder first.  I made it sound like this was the 
tart of some great party, and he made it sound like he was the one that was 
orced to attend.  He, of course, stayed his bid.  The second bidder would not 
dvance and dropped out.  The third never answered the phone.  The fourth was a 
uy who really wanted the house and spent considerable time in my house looking 
hrough everything.  He told me upfront during the inspection that he couldn't 
fford a house where the high bid was, but that his mother could definitely buy 
nto it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
elieve the bank will accept this price.  Are you willing to negotiate a price 
ith the bank so that you can make the purchase?" His response: "No."  That's 
t.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
uess this bidding did not work out as I had hoped, and I'll have to find 
nother way of selling this house.  Thank you so much for participating."  And 
hat was that.
You can say that my home is probably worth well below what I believe it to be 
orth, but that's not even the point.  The book says that if I have priced the 
ome with a low enough magic number, then I should get 25 responses by Friday 
nd the two or three serious buyers will surely be in the mix during my 
nspection.  I got 31 responses by Friday, which says that my price point is 
orrect - and it also says that the value of my home, at the very least, should 
e around $50,000.  I didn't have a single serious buyer.  Even if you counted 
y high bidder as a serious buyer, no one in their right mind can look at my 
ouse and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
his in denial, folks - the response to my initial price point proves this.
I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
ttracted two types of people: the investors who wanted to get a steal to flip, 
nd those that saw the initial price and hoped beyond hope that they were going 
o get a great deal for a great house, though they probably wouldn't be able to 
fford anything much beyond $25,000.  I got all kinds of stories during the 
nspection.  "Well, we were living in a trailer and you wouldn't believe that 
he landlord kicked us out and now we're in a two-bedroom apartment and the 
andlord is trying to get us out again so then we saw your ad..."; "You know, 
'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
urrently unemployed, see..."
I'm not sure why this system failed.  All I know is that it did fail, plain and 
imple.  My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market.  It proves that you WILL 
OT consistently get the high end of what the market will support on that 
articular day when you follow the book.  Maybe you could counter by saying, 
Well, there just wasn't a market for your home on that particular day."
Stop lying to yourself, folks.  I had up until today, and I'm no better for it.
-Korge

      
_______________________________________________
-DayForum mailing list
-DayForum at mailman.howtosellyourhomein5days.com
ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum






Attached Message


From:
Rosemarie 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] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 09:49:58 -0400


I am so sorry this happened to you. I don't claim to know why. Sounds like you had everything in place. I don't know if your lender will take the high bid, but it would not hurt to ask. Although if you are up to date on your payments they may not even talk to you. 
We have a place in Florida that I was going to try this system on but I have given up and let it go into foreclosure. (The tax value last year was $300K - it suddenly went to $66K leaving us with a $200K mortgage. Ouch!) I have a buyer at a short sale price, but by the time the lender gets around to approving it he may go away. This is a simply rotten time to be selling. The realtors say that if the price is low enough, you will sell, and that is probably true, but most of us cannot make up the difference - as, in your case, between $40K and $80K. And in my case, it's between $66K and $200K. So that's why people walk away. 
I was really rooting for you and feel so bad that it didn't happen. 
Rosemarie 
 
----- Original Message ----- From: "Korge Mori" <medic_korge at yahoo.com> 
To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
Sent: Sunday, July 25, 2010 10:50 PM 
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
 
The sale was an abject failure. 
 
I did everything right. Everything was by the book. No adjustments or 
modifications were made to the 5-Day Sale system. 
 
Day 5 was quiet for the most part. 6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding. I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands. If 
it still stands at $24,500, they will believe you, and jump in. $25,000 is a 
great deal. Neighbors will bring their children to buy a house in the old 
neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal! 
 
I ended up with 4 bids. The highest was from the neighbor 2 doors down. 
Remember, my posted price was "$24,500 Or Best Offer", magic number and all. I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500. The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000. I called the highest bidder first. I made it sound like this was the 
start of some great party, and he made it sound like he was the one that was 
forced to attend. He, of course, stayed his bid. The second bidder would not 
advance and dropped out. The third never answered the phone. The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything. He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it. Well, anyway, he dropped out, too. So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price. Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No." That's 
it. Just "No." So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house. Thank you so much for participating." And 
that was that. 
 
You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point. The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection. I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000. I didn't have a single serious buyer. Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house." I'm not saying 
this in denial, folks - the response to my initial price point proves this. 
 
I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000. I got all kinds of stories during the 
inspection. "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money. I'm 
currently unemployed, see..." 
 
I'm not sure why this system failed. All I know is that it did fail, plain and 
simple. My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market. It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book. Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day." 
 
Stop lying to yourself, folks. I had up until today, and I'm no better for it. 
 
-Korge 
 
 
 
_______________________________________________ 
5-DayForum mailing list 
5-DayForum at mailman.howtosellyourhomein5days.com 
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum  





Attached Message


From:
SKY HIGH <skyhighplanning at gmail.com>

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
Re: [5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 10:55:52 -0400


There is a very good chance for your lender to accept the high bid but if you do not want to deal with it you should get professional help. 
 
Rosemarie, 
I believe it is important for you and everyone else to understand that being "upside down" on your mortgage doesn't mean you should walk away. Of course, depending on several factors the short sale process to get bank to approve the sale for less than balance owed can take time. The buyer may not want to wait too long but that doesn't mean you can't find another buyer or find one that is willing to wait. The problem is that most people don't know that walking away an letting the property foreclose will probably get you in a worse situation. It is more probable that they will come after you for the deficiency (difference owed) and possibly even sell for less making the difference larger. With no one negotiating or representing your interests the situation can be much worse. It is possible for the lender to waive deficiency in the short sale so it's worth trying but you must have a professional handle the process for best results. 
We specialize in this process especially in Florida. I would be happy to help you resolve this. Please feel free to contact me anytime if you have questions. 
 
Best regards, 
 
Carlos A. Chica 
Sky High Planning, Inc. 
7380 Sand Lake Rd. #500 
Orlando, FL 32819 
Office: (407) 352-3220 
Fax: (407) 738-4816 
Cell: (646) 552-0107 
skyhighplanning at gmail.com 
 
www.SHORTSALESFINEST.com 
 
Coming Soon: 
 
www.SKYHIGHPLANNING.com 
 
"It's kind of Fun to do the Impossible" 
 
 - Walt Disney 
 
On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com > wrote: 
 
> I am so sorry this happened to you. I don't claim to know why. > Sounds like 
> you had everything in place. I don't know if your lender will take > the high 
> bid, but it would not hurt to ask. Although if you are up to date on > your 
> payments they may not even talk to you. 
> We have a place in Florida that I was going to try this system on > but I have 
> given up and let it go into foreclosure. (The tax value last year was 
> $300K - it suddenly went to $66K leaving us with a $200K mortgage. > Ouch!) I 
> have a buyer at a short sale price, but by the time the lender gets > around 
> to approving it he may go away. This is a simply rotten time to be > selling. 
> The realtors say that if the price is low enough, you will sell, and > that is 
> probably true, but most of us cannot make up the difference - as, in > your 
> case, between $40K and $80K. And in my case, it's between $66K and > $200K. So 
> that's why people walk away. 
> I was really rooting for you and feel so bad that it didn't happen. 
> Rosemarie 
> 
> ----- Original Message ----- 
> From: "Korge Mori" <medic_korge at yahoo.com> 
> To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
> Sent: Sunday, July 25, 2010 10:50 PM 
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
> 
> 
> The sale was an abject failure. 
> 
> I did everything right. Everything was by the book. No adjustments or 
> modifications were made to the 5-Day Sale system. 
> 
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were > returns 
> from yesterday to check up on the bidding. I was worried, but not to > overly 
> anxious about it because this is exactly what Bill said would > happen: "If 
> buyers 
> believe you they will call or reappear to find out where the bidding > stands. 
> If 
> it still stands at $24,500, they will believe you, and jump in. > $25,000 is a 
> great deal. Neighbors will bring their children to buy a house in > the old 
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 
> houses 
> down brought his kids in hopes of getting a good deal! 
> 
> I ended up with 4 bids. The highest was from the neighbor 2 doors > down. 
> Remember, my posted price was "$24,500 Or Best Offer", magic number > and all. 
> I 
> owe $80,000, I believe my home is worth $60,000 on the low end, and > either 
> number will produce the magic number of $24,500. The initial bids, > in order 
> from highest to lowest, were as follows: $40,000, $35,000, $25,000, > and 
> $22,000. I called the highest bidder first. I made it sound like > this was 
> the 
> start of some great party, and he made it sound like he was the one > that was 
> forced to attend. He, of course, stayed his bid. The second bidder > would not 
> advance and dropped out. The third never answered the phone. The > fourth was 
> a 
> guy who really wanted the house and spent considerable time in my > house 
> looking 
> through everything. He told me upfront during the inspection that he 
> couldn't 
> afford a house where the high bid was, but that his mother could > definitely 
> buy 
> into it. Well, anyway, he dropped out, too. So I go back to the > first guy, 
> and 
> I tell it to him straight: "You are the top bidder, but to be > honest, I 
> don't 
> believe the bank will accept this price. Are you willing to > negotiate a 
> price 
> with the bank so that you can make the purchase?" His response: > "No." That's 
> it. Just "No." So after a silent two or three seconds, I said, "OK, > well, I 
> guess this bidding did not work out as I had hoped, and I'll have to > find 
> another way of selling this house. Thank you so much for > participating." And 
> that was that. 
> 
> You can say that my home is probably worth well below what I believe > it to 
> be 
> worth, but that's not even the point. The book says that if I have > priced 
> the 
> home with a low enough magic number, then I should get 25 responses by 
> Friday 
> and the two or three serious buyers will surely be in the mix during > my 
> inspection. I got 31 responses by Friday, which says that my price > point is 
> correct - and it also says that the value of my home, at the very > least, 
> should 
> be around $50,000. I didn't have a single serious buyer. Even if you > counted 
> my high bidder as a serious buyer, no one in their right mind can > look at my 
> house and say, "Yeah, $40,000 is about right for that house." I'm > not saying 
> this in denial, folks - the response to my initial price point > proves this. 
> 
> I hate to prejudge people (so I guess I will), but it seemed to me > that my 
> sale 
> attracted two types of people: the investors who wanted to get a > steal to 
> flip, 
> and those that saw the initial price and hoped beyond hope that they > were 
> going 
> to get a great deal for a great house, though they probably wouldn't > be able 
> to 
> afford anything much beyond $25,000. I got all kinds of stories > during the 
> inspection. "Well, we were living in a trailer and you wouldn't > believe that 
> the landlord kicked us out and now we're in a two-bedroom apartment > and the 
> landlord is trying to get us out again so then we saw your ad..."; > "You 
> know, 
> I'm looking for something to do, a fixer-upper, maybe make some > money. I'm 
> currently unemployed, see..." 
> 
> I'm not sure why this system failed. All I know is that it did fail, > plain 
> and 
> simple. My case is one which proves that you CANNOT use this system > in any 
> time 
> and in any place, whether buyer's or seller's market. It proves that > you 
> WILL 
> NOT consistently get the high end of what the market will support on > that 
> particular day when you follow the book. Maybe you could counter by > saying, 
> "Well, there just wasn't a market for your home on that particular > day." 
> 
> Stop lying to yourself, folks. I had up until today, and I'm no > better for 
> it. 
> 
> -Korge 
> 
> 
> 
> 
> 
> _______________________________________________ 
> 5-DayForum mailing list 
> 5-DayForum at mailman.howtosellyourhomein5days.com 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
> 
> _______________________________________________ 
> 5-DayForum mailing list 
> 5-DayForum at mailman.howtosellyourhomein5days.com 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
 





Attached Message


From:
Pete Skram <peteskram at yahoo.com>

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
[5-DayForum] unsubscribe

Date:
Mon, 26 Jul 2010 08:50:56 -0700 (PDT)




Please unsubscribe me.  Thanks! 

--- On Mon, 7/26/10, SKY HIGH <skyhighplanning at gmail.com> wrote:


From: SKY HIGH <skyhighplanning at gmail.com>
Subject: Re: [5-DayForum] Piqua 5 Day Sale: Final Results
To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
Date: Monday, July 26, 2010, 9:55 AM


There is a very good chance for your lender to accept the high bid but  
if you do not want to deal with it you should get professional help.

Rosemarie,
I believe it is important for you and everyone else to understand that  
being "upside down" on your mortgage doesn't mean you should walk  
away.  Of course, depending on several factors the short sale process  
to get bank to approve the sale for less than balance owed can take  
time.  The buyer may not want to wait too long but that doesn't mean  
you can't find another buyer or find one that is willing to wait.  The  
problem is that most people don't know that walking away an letting  
the property foreclose will probably get you in a worse situation.  It  
is more probable that they will come after you for the deficiency  
(difference owed) and possibly even sell for less making the  
difference larger.  With no one negotiating or representing your  
interests the situation can be much worse. It is possible for the  
lender to waive deficiency in the short sale so it's worth trying but  
you must have a professional handle the process for best results.
We specialize in this process especially in Florida.  I would be happy  
to help you resolve this.  Please feel free to contact me anytime if  
you have questions.

Best regards,

Carlos A. Chica
Sky High Planning, Inc.
7380 Sand Lake Rd.  #500
Orlando, FL  32819
Office:  (407) 352-3220
Fax:      (407) 738-4816
Cell:      (646) 552-0107
skyhighplanning at gmail.com

www.SHORTSALESFINEST.com

Coming Soon:

www.SKYHIGHPLANNING.com

"It's kind of Fun to do the Impossible"

  -  Walt Disney

On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com 
> wrote:

> I am so sorry this happened to you. I don't claim to know why.  
> Sounds like
> you had everything in place. I don't know if your lender will take  
> the high
> bid, but it would not hurt to ask. Although if you are up to date on  
> your
> payments they may not even talk to you.
> We have a place in Florida that I was going to try this system on  
> but I have
> given up and let it go into foreclosure. (The tax value last year was
> $300K - it suddenly went to $66K leaving us with a $200K mortgage.  
> Ouch!) I
> have a buyer at a short sale price, but by the time the lender gets  
> around
> to approving it he may go away. This is a simply rotten time to be  
> selling.
> The realtors say that if the price is low enough, you will sell, and  
> that is
> probably true, but most of us cannot make up the difference - as, in  
> your
> case, between $40K and $80K. And in my case, it's between $66K and  
> $200K. So
> that's why people walk away.
> I was really rooting for you and feel so bad that it didn't happen.
> Rosemarie
>
> ----- Original Message -----
> From: "Korge Mori" <medic_korge at yahoo.com>
> To: <5-dayforum at mailman.howtosellyourhomein5days.com>
> Sent: Sunday, July 25, 2010 10:50 PM
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
>
>
> The sale was an abject failure.
>
> I did everything right. Everything was by the book. No adjustments or
> modifications were made to the 5-Day Sale system.
>
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were  
> returns
> from yesterday to check up on the bidding. I was worried, but not to  
> overly
> anxious about it because this is exactly what Bill said would  
> happen: "If
> buyers
> believe you they will call or reappear to find out where the bidding  
> stands.
> If
> it still stands at $24,500, they will believe you, and jump in.  
> $25,000 is a
> great deal. Neighbors will bring their children to buy a house in  
> the old
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2
> houses
> down brought his kids in hopes of getting a good deal!
>
> I ended up with 4 bids. The highest was from the neighbor 2 doors  
> down.
> Remember, my posted price was "$24,500 Or Best Offer", magic number  
> and all.
> I
> owe $80,000, I believe my home is worth $60,000 on the low end, and  
> either
> number will produce the magic number of $24,500. The initial bids,  
> in order
> from highest to lowest, were as follows: $40,000, $35,000, $25,000,  
> and
> $22,000. I called the highest bidder first. I made it sound like  
> this was
> the
> start of some great party, and he made it sound like he was the one  
> that was
> forced to attend. He, of course, stayed his bid. The second bidder  
> would not
> advance and dropped out. The third never answered the phone. The  
> fourth was
> a
> guy who really wanted the house and spent considerable time in my  
> house
> looking
> through everything. He told me upfront during the inspection that he
> couldn't
> afford a house where the high bid was, but that his mother could  
> definitely
> buy
> into it. Well, anyway, he dropped out, too. So I go back to the  
> first guy,
> and
> I tell it to him straight: "You are the top bidder, but to be  
> honest, I
> don't
> believe the bank will accept this price. Are you willing to  
> negotiate a
> price
> with the bank so that you can make the purchase?" His response:  
> "No." That's
> it. Just "No." So after a silent two or three seconds, I said, "OK,  
> well, I
> guess this bidding did not work out as I had hoped, and I'll have to  
> find
> another way of selling this house. Thank you so much for  
> participating." And
> that was that.
>
> You can say that my home is probably worth well below what I believe  
> it to
> be
> worth, but that's not even the point. The book says that if I have  
> priced
> the
> home with a low enough magic number, then I should get 25 responses by
> Friday
> and the two or three serious buyers will surely be in the mix during  
> my
> inspection. I got 31 responses by Friday, which says that my price  
> point is
> correct - and it also says that the value of my home, at the very  
> least,
> should
> be around $50,000. I didn't have a single serious buyer. Even if you  
> counted
> my high bidder as a serious buyer, no one in their right mind can  
> look at my
> house and say, "Yeah, $40,000 is about right for that house." I'm  
> not saying
> this in denial, folks - the response to my initial price point  
> proves this.
>
> I hate to prejudge people (so I guess I will), but it seemed to me  
> that my
> sale
> attracted two types of people: the investors who wanted to get a  
> steal to
> flip,
> and those that saw the initial price and hoped beyond hope that they  
> were
> going
> to get a great deal for a great house, though they probably wouldn't  
> be able
> to
> afford anything much beyond $25,000. I got all kinds of stories  
> during the
> inspection. "Well, we were living in a trailer and you wouldn't  
> believe that
> the landlord kicked us out and now we're in a two-bedroom apartment  
> and the
> landlord is trying to get us out again so then we saw your ad...";  
> "You
> know,
> I'm looking for something to do, a fixer-upper, maybe make some  
> money. I'm
> currently unemployed, see..."
>
> I'm not sure why this system failed. All I know is that it did fail,  
> plain
> and
> simple. My case is one which proves that you CANNOT use this system  
> in any
> time
> and in any place, whether buyer's or seller's market. It proves that  
> you
> WILL
> NOT consistently get the high end of what the market will support on  
> that
> particular day when you follow the book. Maybe you could counter by  
> saying,
> "Well, there just wasn't a market for your home on that particular  
> day."
>
> Stop lying to yourself, folks. I had up until today, and I'm no  
> better for
> it.
>
> -Korge
>
>
>
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
_______________________________________________
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From rpribilski at aol.com  Mon Jul 26 14:47:03 2010
From: rpribilski at aol.com (Rob)
Date: Mon, 26 Jul 2010 14:47:03 -0400 (EDT)
Subject: [5-DayForum] 5-DayForum Digest, Vol 40, Issue 18
In-Reply-To: 32712183
References: 32712183
Message-ID: <8CCFB0A12827441-5C4-3E6@webmail-m058.sysops.aol.com>

Also the key I got from Bill's book is you really need to work the people that do show up to view the Home. That is the key. I would expect 90% losers, time waisters, etc. It has to be a very active in-home presentation and qualifying event. Otherwise, you really don't know what will happen. I plan to do my house soon too so these feedbacks help. thx. 


Rob



-----Original Message-----
From: 5-dayforum-request <5-dayforum-request at mailman.howtosellyourhomein5days.com>
To: 5-dayforum <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Mon, Jul 26, 2010 11:02 am
Subject: 5-DayForum Digest, Vol 40, Issue 18


Send 5-DayForum mailing list submissions to
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Today's Topics:
   1. Piqua 5 Day Sale: Final Results (Korge Mori)
  2. Re: Piqua 5 Day Sale: Final Results (ken_thurman at yahoo.com)
  3. Re: Piqua 5 Day Sale: Final Results (Rosemarie Belcher)
  4. Re: Piqua 5 Day Sale: Final Results (SKY HIGH)
  5. unsubscribe (Pete Skram)


Attached Message


From:
Korge Mori <medic_korge at yahoo.com>

To:
5-dayforum at mailman.howtosellyourhomein5days.com

Subject:
[5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Sun, 25 Jul 2010 19:50:24 -0700 (PDT)



The sale was an abject failure.
I did everything right.  Everything was by the book.  No adjustments or 
odifications were made to the 5-Day Sale system.
Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
rom yesterday to check up on the bidding.  I was worried, but not to overly 
nxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands.  If 
it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
reat deal.  Neighbors will bring their children to buy a house in the old 
eighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
own brought his kids in hopes of getting a good deal!
I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
emember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
we $80,000, I believe my home is worth $60,000 on the low end, and either 
umber will produce the magic number of $24,500.  The initial bids, in order 
rom highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
22,000.  I called the highest bidder first.  I made it sound like this was the 
tart of some great party, and he made it sound like he was the one that was 
orced to attend.  He, of course, stayed his bid.  The second bidder would not 
dvance and dropped out.  The third never answered the phone.  The fourth was a 
uy who really wanted the house and spent considerable time in my house looking 
hrough everything.  He told me upfront during the inspection that he couldn't 
fford a house where the high bid was, but that his mother could definitely buy 
nto it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
elieve the bank will accept this price.  Are you willing to negotiate a price 
ith the bank so that you can make the purchase?" His response: "No."  That's 
t.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
uess this bidding did not work out as I had hoped, and I'll have to find 
nother way of selling this house.  Thank you so much for participating."  And 
hat was that.
You can say that my home is probably worth well below what I believe it to be 
orth, but that's not even the point.  The book says that if I have priced the 
ome with a low enough magic number, then I should get 25 responses by Friday 
nd the two or three serious buyers will surely be in the mix during my 
nspection.  I got 31 responses by Friday, which says that my price point is 
orrect - and it also says that the value of my home, at the very least, should 
e around $50,000.  I didn't have a single serious buyer.  Even if you counted 
y high bidder as a serious buyer, no one in their right mind can look at my 
ouse and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
his in denial, folks - the response to my initial price point proves this.
I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
ttracted two types of people: the investors who wanted to get a steal to flip, 
nd those that saw the initial price and hoped beyond hope that they were going 
o get a great deal for a great house, though they probably wouldn't be able to 
fford anything much beyond $25,000.  I got all kinds of stories during the 
nspection.  "Well, we were living in a trailer and you wouldn't believe that 
he landlord kicked us out and now we're in a two-bedroom apartment and the 
andlord is trying to get us out again so then we saw your ad..."; "You know, 
'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
urrently unemployed, see..."
I'm not sure why this system failed.  All I know is that it did fail, plain and 
imple.  My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market.  It proves that you WILL 
OT consistently get the high end of what the market will support on that 
articular day when you follow the book.  Maybe you could counter by saying, 
Well, there just wasn't a market for your home on that particular day."
Stop lying to yourself, folks.  I had up until today, and I'm no better for it.
-Korge

      






Attached Message


From:
ken_thurman at yahoo.com

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
Re: [5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 12:35:59 +0000



Don't forget....you are no worse off either! In fact, you are in a stronger 
osition with your bank.  Couldn't you now ask for either a modification or 
hort sale price with more confidence? If you successfully modified, could you 
ent or lease option?
ent via BlackBerry by AT&T
-----Original Message-----
rom: Korge Mori <medic_korge at yahoo.com>
ender: 5-dayforum-bounces+ken_thurman=yahoo.com at mailman.howtosellyourhomein5days.com
ate: Sun, 25 Jul 2010 19:50:24 
o: <5-dayforum at mailman.howtosellyourhomein5days.com>
eply-To: How To Sell Your Home in 5-Days
<5-dayforum at mailman.howtosellyourhomein5days.com>
ubject: [5-DayForum] Piqua 5 Day Sale: Final Results
The sale was an abject failure.
I did everything right.  Everything was by the book.  No adjustments or 
odifications were made to the 5-Day Sale system.
Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
rom yesterday to check up on the bidding.  I was worried, but not to overly 
nxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands.  If 
it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
reat deal.  Neighbors will bring their children to buy a house in the old 
eighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
own brought his kids in hopes of getting a good deal!
I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
emember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
we $80,000, I believe my home is worth $60,000 on the low end, and either 
umber will produce the magic number of $24,500.  The initial bids, in order 
rom highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
22,000.  I called the highest bidder first.  I made it sound like this was the 
tart of some great party, and he made it sound like he was the one that was 
orced to attend.  He, of course, stayed his bid.  The second bidder would not 
dvance and dropped out.  The third never answered the phone.  The fourth was a 
uy who really wanted the house and spent considerable time in my house looking 
hrough everything.  He told me upfront during the inspection that he couldn't 
fford a house where the high bid was, but that his mother could definitely buy 
nto it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
elieve the bank will accept this price.  Are you willing to negotiate a price 
ith the bank so that you can make the purchase?" His response: "No."  That's 
t.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
uess this bidding did not work out as I had hoped, and I'll have to find 
nother way of selling this house.  Thank you so much for participating."  And 
hat was that.
You can say that my home is probably worth well below what I believe it to be 
orth, but that's not even the point.  The book says that if I have priced the 
ome with a low enough magic number, then I should get 25 responses by Friday 
nd the two or three serious buyers will surely be in the mix during my 
nspection.  I got 31 responses by Friday, which says that my price point is 
orrect - and it also says that the value of my home, at the very least, should 
e around $50,000.  I didn't have a single serious buyer.  Even if you counted 
y high bidder as a serious buyer, no one in their right mind can look at my 
ouse and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
his in denial, folks - the response to my initial price point proves this.
I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
ttracted two types of people: the investors who wanted to get a steal to flip, 
nd those that saw the initial price and hoped beyond hope that they were going 
o get a great deal for a great house, though they probably wouldn't be able to 
fford anything much beyond $25,000.  I got all kinds of stories during the 
nspection.  "Well, we were living in a trailer and you wouldn't believe that 
he landlord kicked us out and now we're in a two-bedroom apartment and the 
andlord is trying to get us out again so then we saw your ad..."; "You know, 
'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
urrently unemployed, see..."
I'm not sure why this system failed.  All I know is that it did fail, plain and 
imple.  My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market.  It proves that you WILL 
OT consistently get the high end of what the market will support on that 
articular day when you follow the book.  Maybe you could counter by saying, 
Well, there just wasn't a market for your home on that particular day."
Stop lying to yourself, folks.  I had up until today, and I'm no better for it.
-Korge

      
_______________________________________________
-DayForum mailing list
-DayForum at mailman.howtosellyourhomein5days.com
ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum






Attached Message


From:
Rosemarie 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] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 09:49:58 -0400


I am so sorry this happened to you. I don't claim to know why. Sounds like you had everything in place. I don't know if your lender will take the high bid, but it would not hurt to ask. Although if you are up to date on your payments they may not even talk to you. 
We have a place in Florida that I was going to try this system on but I have given up and let it go into foreclosure. (The tax value last year was $300K - it suddenly went to $66K leaving us with a $200K mortgage. Ouch!) I have a buyer at a short sale price, but by the time the lender gets around to approving it he may go away. This is a simply rotten time to be selling. The realtors say that if the price is low enough, you will sell, and that is probably true, but most of us cannot make up the difference - as, in your case, between $40K and $80K. And in my case, it's between $66K and $200K. So that's why people walk away. 
I was really rooting for you and feel so bad that it didn't happen. 
Rosemarie 
 
----- Original Message ----- From: "Korge Mori" <medic_korge at yahoo.com> 
To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
Sent: Sunday, July 25, 2010 10:50 PM 
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
 
The sale was an abject failure. 
 
I did everything right. Everything was by the book. No adjustments or 
modifications were made to the 5-Day Sale system. 
 
Day 5 was quiet for the most part. 6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding. I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands. If 
it still stands at $24,500, they will believe you, and jump in. $25,000 is a 
great deal. Neighbors will bring their children to buy a house in the old 
neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal! 
 
I ended up with 4 bids. The highest was from the neighbor 2 doors down. 
Remember, my posted price was "$24,500 Or Best Offer", magic number and all. I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500. The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000. I called the highest bidder first. I made it sound like this was the 
start of some great party, and he made it sound like he was the one that was 
forced to attend. He, of course, stayed his bid. The second bidder would not 
advance and dropped out. The third never answered the phone. The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything. He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it. Well, anyway, he dropped out, too. So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price. Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No." That's 
it. Just "No." So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house. Thank you so much for participating." And 
that was that. 
 
You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point. The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection. I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000. I didn't have a single serious buyer. Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house." I'm not saying 
this in denial, folks - the response to my initial price point proves this. 
 
I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000. I got all kinds of stories during the 
inspection. "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money. I'm 
currently unemployed, see..." 
 
I'm not sure why this system failed. All I know is that it did fail, plain and 
simple. My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market. It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book. Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day." 
 
Stop lying to yourself, folks. I had up until today, and I'm no better for it. 
 
-Korge 
 
 
 
_______________________________________________ 
5-DayForum mailing list 
5-DayForum at mailman.howtosellyourhomein5days.com 
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum  





Attached Message


From:
SKY HIGH <skyhighplanning at gmail.com>

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
Re: [5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 10:55:52 -0400


There is a very good chance for your lender to accept the high bid but if you do not want to deal with it you should get professional help. 
 
Rosemarie, 
I believe it is important for you and everyone else to understand that being "upside down" on your mortgage doesn't mean you should walk away. Of course, depending on several factors the short sale process to get bank to approve the sale for less than balance owed can take time. The buyer may not want to wait too long but that doesn't mean you can't find another buyer or find one that is willing to wait. The problem is that most people don't know that walking away an letting the property foreclose will probably get you in a worse situation. It is more probable that they will come after you for the deficiency (difference owed) and possibly even sell for less making the difference larger. With no one negotiating or representing your interests the situation can be much worse. It is possible for the lender to waive deficiency in the short sale so it's worth trying but you must have a professional handle the process for best results. 
We specialize in this process especially in Florida. I would be happy to help you resolve this. Please feel free to contact me anytime if you have questions. 
 
Best regards, 
 
Carlos A. Chica 
Sky High Planning, Inc. 
7380 Sand Lake Rd. #500 
Orlando, FL 32819 
Office: (407) 352-3220 
Fax: (407) 738-4816 
Cell: (646) 552-0107 
skyhighplanning at gmail.com 
 
www.SHORTSALESFINEST.com 
 
Coming Soon: 
 
www.SKYHIGHPLANNING.com 
 
"It's kind of Fun to do the Impossible" 
 
 - Walt Disney 
 
On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com > wrote: 
 
> I am so sorry this happened to you. I don't claim to know why. > Sounds like 
> you had everything in place. I don't know if your lender will take > the high 
> bid, but it would not hurt to ask. Although if you are up to date on > your 
> payments they may not even talk to you. 
> We have a place in Florida that I was going to try this system on > but I have 
> given up and let it go into foreclosure. (The tax value last year was 
> $300K - it suddenly went to $66K leaving us with a $200K mortgage. > Ouch!) I 
> have a buyer at a short sale price, but by the time the lender gets > around 
> to approving it he may go away. This is a simply rotten time to be > selling. 
> The realtors say that if the price is low enough, you will sell, and > that is 
> probably true, but most of us cannot make up the difference - as, in > your 
> case, between $40K and $80K. And in my case, it's between $66K and > $200K. So 
> that's why people walk away. 
> I was really rooting for you and feel so bad that it didn't happen. 
> Rosemarie 
> 
> ----- Original Message ----- 
> From: "Korge Mori" <medic_korge at yahoo.com> 
> To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
> Sent: Sunday, July 25, 2010 10:50 PM 
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
> 
> 
> The sale was an abject failure. 
> 
> I did everything right. Everything was by the book. No adjustments or 
> modifications were made to the 5-Day Sale system. 
> 
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were > returns 
> from yesterday to check up on the bidding. I was worried, but not to > overly 
> anxious about it because this is exactly what Bill said would > happen: "If 
> buyers 
> believe you they will call or reappear to find out where the bidding > stands. 
> If 
> it still stands at $24,500, they will believe you, and jump in. > $25,000 is a 
> great deal. Neighbors will bring their children to buy a house in > the old 
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 
> houses 
> down brought his kids in hopes of getting a good deal! 
> 
> I ended up with 4 bids. The highest was from the neighbor 2 doors > down. 
> Remember, my posted price was "$24,500 Or Best Offer", magic number > and all. 
> I 
> owe $80,000, I believe my home is worth $60,000 on the low end, and > either 
> number will produce the magic number of $24,500. The initial bids, > in order 
> from highest to lowest, were as follows: $40,000, $35,000, $25,000, > and 
> $22,000. I called the highest bidder first. I made it sound like > this was 
> the 
> start of some great party, and he made it sound like he was the one > that was 
> forced to attend. He, of course, stayed his bid. The second bidder > would not 
> advance and dropped out. The third never answered the phone. The > fourth was 
> a 
> guy who really wanted the house and spent considerable time in my > house 
> looking 
> through everything. He told me upfront during the inspection that he 
> couldn't 
> afford a house where the high bid was, but that his mother could > definitely 
> buy 
> into it. Well, anyway, he dropped out, too. So I go back to the > first guy, 
> and 
> I tell it to him straight: "You are the top bidder, but to be > honest, I 
> don't 
> believe the bank will accept this price. Are you willing to > negotiate a 
> price 
> with the bank so that you can make the purchase?" His response: > "No." That's 
> it. Just "No." So after a silent two or three seconds, I said, "OK, > well, I 
> guess this bidding did not work out as I had hoped, and I'll have to > find 
> another way of selling this house. Thank you so much for > participating." And 
> that was that. 
> 
> You can say that my home is probably worth well below what I believe > it to 
> be 
> worth, but that's not even the point. The book says that if I have > priced 
> the 
> home with a low enough magic number, then I should get 25 responses by 
> Friday 
> and the two or three serious buyers will surely be in the mix during > my 
> inspection. I got 31 responses by Friday, which says that my price > point is 
> correct - and it also says that the value of my home, at the very > least, 
> should 
> be around $50,000. I didn't have a single serious buyer. Even if you > counted 
> my high bidder as a serious buyer, no one in their right mind can > look at my 
> house and say, "Yeah, $40,000 is about right for that house." I'm > not saying 
> this in denial, folks - the response to my initial price point > proves this. 
> 
> I hate to prejudge people (so I guess I will), but it seemed to me > that my 
> sale 
> attracted two types of people: the investors who wanted to get a > steal to 
> flip, 
> and those that saw the initial price and hoped beyond hope that they > were 
> going 
> to get a great deal for a great house, though they probably wouldn't > be able 
> to 
> afford anything much beyond $25,000. I got all kinds of stories > during the 
> inspection. "Well, we were living in a trailer and you wouldn't > believe that 
> the landlord kicked us out and now we're in a two-bedroom apartment > and the 
> landlord is trying to get us out again so then we saw your ad..."; > "You 
> know, 
> I'm looking for something to do, a fixer-upper, maybe make some > money. I'm 
> currently unemployed, see..." 
> 
> I'm not sure why this system failed. All I know is that it did fail, > plain 
> and 
> simple. My case is one which proves that you CANNOT use this system > in any 
> time 
> and in any place, whether buyer's or seller's market. It proves that > you 
> WILL 
> NOT consistently get the high end of what the market will support on > that 
> particular day when you follow the book. Maybe you could counter by > saying, 
> "Well, there just wasn't a market for your home on that particular > day." 
> 
> Stop lying to yourself, folks. I had up until today, and I'm no > better for 
> it. 
> 
> -Korge 
> 
> 
> 
> 
> 
> _______________________________________________ 
> 5-DayForum mailing list 
> 5-DayForum at mailman.howtosellyourhomein5days.com 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
> 
> _______________________________________________ 
> 5-DayForum mailing list 
> 5-DayForum at mailman.howtosellyourhomein5days.com 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
 





Attached Message


From:
Pete Skram <peteskram at yahoo.com>

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
[5-DayForum] unsubscribe

Date:
Mon, 26 Jul 2010 08:50:56 -0700 (PDT)




Please unsubscribe me.  Thanks! 

--- On Mon, 7/26/10, SKY HIGH <skyhighplanning at gmail.com> wrote:


From: SKY HIGH <skyhighplanning at gmail.com>
Subject: Re: [5-DayForum] Piqua 5 Day Sale: Final Results
To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
Date: Monday, July 26, 2010, 9:55 AM


There is a very good chance for your lender to accept the high bid but  
if you do not want to deal with it you should get professional help.

Rosemarie,
I believe it is important for you and everyone else to understand that  
being "upside down" on your mortgage doesn't mean you should walk  
away.  Of course, depending on several factors the short sale process  
to get bank to approve the sale for less than balance owed can take  
time.  The buyer may not want to wait too long but that doesn't mean  
you can't find another buyer or find one that is willing to wait.  The  
problem is that most people don't know that walking away an letting  
the property foreclose will probably get you in a worse situation.  It  
is more probable that they will come after you for the deficiency  
(difference owed) and possibly even sell for less making the  
difference larger.  With no one negotiating or representing your  
interests the situation can be much worse. It is possible for the  
lender to waive deficiency in the short sale so it's worth trying but  
you must have a professional handle the process for best results.
We specialize in this process especially in Florida.  I would be happy  
to help you resolve this.  Please feel free to contact me anytime if  
you have questions.

Best regards,

Carlos A. Chica
Sky High Planning, Inc.
7380 Sand Lake Rd.  #500
Orlando, FL  32819
Office:  (407) 352-3220
Fax:      (407) 738-4816
Cell:      (646) 552-0107
skyhighplanning at gmail.com

www.SHORTSALESFINEST.com

Coming Soon:

www.SKYHIGHPLANNING.com

"It's kind of Fun to do the Impossible"

  -  Walt Disney

On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com 
> wrote:

> I am so sorry this happened to you. I don't claim to know why.  
> Sounds like
> you had everything in place. I don't know if your lender will take  
> the high
> bid, but it would not hurt to ask. Although if you are up to date on  
> your
> payments they may not even talk to you.
> We have a place in Florida that I was going to try this system on  
> but I have
> given up and let it go into foreclosure. (The tax value last year was
> $300K - it suddenly went to $66K leaving us with a $200K mortgage.  
> Ouch!) I
> have a buyer at a short sale price, but by the time the lender gets  
> around
> to approving it he may go away. This is a simply rotten time to be  
> selling.
> The realtors say that if the price is low enough, you will sell, and  
> that is
> probably true, but most of us cannot make up the difference - as, in  
> your
> case, between $40K and $80K. And in my case, it's between $66K and  
> $200K. So
> that's why people walk away.
> I was really rooting for you and feel so bad that it didn't happen.
> Rosemarie
>
> ----- Original Message -----
> From: "Korge Mori" <medic_korge at yahoo.com>
> To: <5-dayforum at mailman.howtosellyourhomein5days.com>
> Sent: Sunday, July 25, 2010 10:50 PM
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
>
>
> The sale was an abject failure.
>
> I did everything right. Everything was by the book. No adjustments or
> modifications were made to the 5-Day Sale system.
>
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were  
> returns
> from yesterday to check up on the bidding. I was worried, but not to  
> overly
> anxious about it because this is exactly what Bill said would  
> happen: "If
> buyers
> believe you they will call or reappear to find out where the bidding  
> stands.
> If
> it still stands at $24,500, they will believe you, and jump in.  
> $25,000 is a
> great deal. Neighbors will bring their children to buy a house in  
> the old
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2
> houses
> down brought his kids in hopes of getting a good deal!
>
> I ended up with 4 bids. The highest was from the neighbor 2 doors  
> down.
> Remember, my posted price was "$24,500 Or Best Offer", magic number  
> and all.
> I
> owe $80,000, I believe my home is worth $60,000 on the low end, and  
> either
> number will produce the magic number of $24,500. The initial bids,  
> in order
> from highest to lowest, were as follows: $40,000, $35,000, $25,000,  
> and
> $22,000. I called the highest bidder first. I made it sound like  
> this was
> the
> start of some great party, and he made it sound like he was the one  
> that was
> forced to attend. He, of course, stayed his bid. The second bidder  
> would not
> advance and dropped out. The third never answered the phone. The  
> fourth was
> a
> guy who really wanted the house and spent considerable time in my  
> house
> looking
> through everything. He told me upfront during the inspection that he
> couldn't
> afford a house where the high bid was, but that his mother could  
> definitely
> buy
> into it. Well, anyway, he dropped out, too. So I go back to the  
> first guy,
> and
> I tell it to him straight: "You are the top bidder, but to be  
> honest, I
> don't
> believe the bank will accept this price. Are you willing to  
> negotiate a
> price
> with the bank so that you can make the purchase?" His response:  
> "No." That's
> it. Just "No." So after a silent two or three seconds, I said, "OK,  
> well, I
> guess this bidding did not work out as I had hoped, and I'll have to  
> find
> another way of selling this house. Thank you so much for  
> participating." And
> that was that.
>
> You can say that my home is probably worth well below what I believe  
> it to
> be
> worth, but that's not even the point. The book says that if I have  
> priced
> the
> home with a low enough magic number, then I should get 25 responses by
> Friday
> and the two or three serious buyers will surely be in the mix during  
> my
> inspection. I got 31 responses by Friday, which says that my price  
> point is
> correct - and it also says that the value of my home, at the very  
> least,
> should
> be around $50,000. I didn't have a single serious buyer. Even if you  
> counted
> my high bidder as a serious buyer, no one in their right mind can  
> look at my
> house and say, "Yeah, $40,000 is about right for that house." I'm  
> not saying
> this in denial, folks - the response to my initial price point  
> proves this.
>
> I hate to prejudge people (so I guess I will), but it seemed to me  
> that my
> sale
> attracted two types of people: the investors who wanted to get a  
> steal to
> flip,
> and those that saw the initial price and hoped beyond hope that they  
> were
> going
> to get a great deal for a great house, though they probably wouldn't  
> be able
> to
> afford anything much beyond $25,000. I got all kinds of stories  
> during the
> inspection. "Well, we were living in a trailer and you wouldn't  
> believe that
> the landlord kicked us out and now we're in a two-bedroom apartment  
> and the
> landlord is trying to get us out again so then we saw your ad...";  
> "You
> know,
> I'm looking for something to do, a fixer-upper, maybe make some  
> money. I'm
> currently unemployed, see..."
>
> I'm not sure why this system failed. All I know is that it did fail,  
> plain
> and
> simple. My case is one which proves that you CANNOT use this system  
> in any
> time
> and in any place, whether buyer's or seller's market. It proves that  
> you
> WILL
> NOT consistently get the high end of what the market will support on  
> that
> particular day when you follow the book. Maybe you could counter by  
> saying,
> "Well, there just wasn't a market for your home on that particular  
> day."
>
> Stop lying to yourself, folks. I had up until today, and I'm no  
> better for
> it.
>
> -Korge
>
>
>
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
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From getfitdna at comcast.net  Mon Jul 26 17:03:00 2010
From: getfitdna at comcast.net (getfitdna at comcast.net)
Date: Mon, 26 Jul 2010 21:03:00 +0000 (UTC)
Subject: [5-DayForum] signage
In-Reply-To: <BLU135-W33DB8712EBA6B755F80ECB0BF0@phx.gbl>
Message-ID: <344970429.489202.1280178180208.JavaMail.root@sz0169a.westchester.pa.mail.comcast.net>



Tom, 



I would like to know how you and other realtors? on this forum determaine what to charge for helping run a 5 day sale. I managed to sell one house using this method. My realtor friend wants to help me run?my next?5 day sale. He will be a very useful extra body. But I will be the one with the knowledge on this first one. How would I compensate him for helping? How would I compesate him for running future sales? This one will start at $34,500. I will take $65,000. I hope to get $70,000. The house should appraise around $95,000. Sales are VERY slow in our small town in North Florida right now. 



Thanks, 

Chris 

904-382-6234 
----- Original Message ----- 
From: "Tom Hoffman" <tomhoffman at live.com> 
To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com> 
Sent: Monday, July 19, 2010 9:30:53 AM 
Subject: Re: [5-DayForum] signage 

Hi Liz, You could be right. I would suggest you test them in your area. Place different phone numbers on each-professional and unprofessional signs-?and see which one gets the most calls. 
It has been my experience that the handwritten ones get more attention because they ARE different than all the professional signs. People have less fear of calling because they don't think they?will be a talking to a professional sales person. Another reason is the expense. I can place 2-3 times more sgns for the same money as having the professional ones. 
Run your test and let us know how it works. 
Thanks, 
Tom Hoffman-Broker/Owner 
Top Priority Realty, LLC 
720-540-7800 
720-540-7876 fax 



? 
> Date: Sun, 18 Jul 2010 21:36:48 -0500 
> From: lbresnan at verizon.net 
> To: 5-dayforum at mailman.howtosellyourhomein5days.com 
> Subject: Re: [5-DayForum] signage 
> 
> Hi Tom, 
> why do you think the hand written ones work better? I always think they look so 
> unprofessional? 
> thanks 
> Liza 
> 
> 
> 
> 
> Liza Bresnan 
> Arbonne International 
> 484-433-9949 
> 
> Jul 18, 2010 10:08:05 PM, 5-dayforum at mailman.howtosellyourhomein5days.com wrote: 
> 
> =========================================== 
> 
> 
> 
> 
> 
> 
> Hi Steve, there is no mention in the book of these sites because they are 
> >not associated with the book and personally I have found the handwritten signs to 
> >be most productive. If you are planning on doing numerous sales you could check 
> >with a local printer as I am certain they could use the business. 
> > 
> >Tom Hoffman-Broker/Owner 
> >Top Priority Realty, LLC 
> >720-540-7800 
> >720-540-7876 fax 
> > 
> > 
> > 
> >? 
> > 
> 
> From: accumen at prairieinet.net 
> >To: 5-dayforum at howtosellyourhomein5days.com 
> >Date: Sat, 17 Jul 2010 15:34:59 -0500 
> >Subject: [5-DayForum] signage 
> > 
> > 
> 
> 
> 
> 
> Hello 
> 
> 
> ? 
> 
> 
> I was doing internet search about 5 day sale and found a 
> >number of sites that sell signage kits.? There is no mention of theses ?on this 
> >site or in the book.? Is this material above and beyond what you provide?? Are this 
> >other sites linked to you? 
> 
> 
> ? 
> 
> 
> I am very interested in trying-doing a 5-day sale as an investor 
> >plus as a property owner. 
> 
> 
> ? 
> 
> 
> Thanks 
> 
> 
> Steve 
> 
> 
> ? 
> 
> 
> ? 
> 
> >The New Busy is not the old busy. Search, chat and e-mail from your inbox. 
> > 
> >target="_blank">Get started. 
> 
> 
> > 
> >_______________________________________________ 
> >5-DayForum mailing list 
> > 
> >target="_blank">5-DayForum at mailman.howtosellyourhomein5days.com 
> > 
> >class="parsedLink" target="_blank">http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
> > 
> 
> _______________________________________________ 
> 5-DayForum mailing list 
> 5-DayForum at mailman.howtosellyourhomein5days.com 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 






The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. Get busy. 
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From rosemarie-fred at mindspring.com  Mon Jul 26 17:13:50 2010
From: rosemarie-fred at mindspring.com (Rosemarie Belcher)
Date: Mon, 26 Jul 2010 17:13:50 -0400
Subject: [5-DayForum] Piqua house
References: 32712183 <8CCFB085ADD06CF-5C4-109@webmail-m058.sysops.aol.com>
Message-ID: <B974FA996B684492859601A31E921151@rosemarifv6onv>

I think Rob has the right idea here - try it again -what have you got to lose?
  ----- Original Message ----- 
  From: Rob 
  To: 5-dayforum at mailman.howtosellyourhomein5days.com 
  Sent: Monday, July 26, 2010 2:34 PM
  Subject: Re: [5-DayForum] 5-DayForum Digest, Vol 40, Issue 18


  Piqua house. try it again in 2 or 3 weeks. i sell cars a lot and it is up and down too. one attempt via your situation is probably not a good representation of "it's a failure." It was this time. I am always amazed how all of a sudden there are serious buyers for a Craigslist offering when nothing happened for months. Try it again. Bill's commnets would be of interest here. 

  Rob



  -----Original Message-----
  From: 5-dayforum-request <5-dayforum-request at mailman.howtosellyourhomein5days.com>
  To: 5-dayforum <5-dayforum at mailman.howtosellyourhomein5days.com>
  Sent: Mon, Jul 26, 2010 11:02 am
  Subject: 5-DayForum Digest, Vol 40, Issue 18


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Today's Topics:

   1. Piqua 5 Day Sale: Final Results (Korge Mori)
   2. Re: Piqua 5 Day Sale: Final Results (ken_thurman at yahoo.com)
   3. Re: Piqua 5 Day Sale: Final Results (Rosemarie Belcher)
   4. Re: Piqua 5 Day Sale: Final Results (SKY HIGH)
   5. unsubscribe (Pete Skram)
Attached Message
        From: Korge Mori <medic_korge at yahoo.com> 
        To: 5-dayforum at mailman.howtosellyourhomein5days.com 
        Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
        Date: Sun, 25 Jul 2010 19:50:24 -0700 (PDT) 

The sale was an abject failure.

I did everything right.  Everything was by the book.  No adjustments or 
modifications were made to the 5-Day Sale system.

Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding.  I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 

believe you they will call or reappear to find out where the bidding stands.  If 

it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
great deal.  Neighbors will bring their children to buy a house in the old 
neighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal!

I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
Remember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500.  The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000.  I called the highest bidder first.  I made it sound like this was the 
start of some great party, and he made it sound like he was the one that was 
forced to attend.  He, of course, stayed his bid.  The second bidder would not 
advance and dropped out.  The third never answered the phone.  The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything.  He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 

I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price.  Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No."  That's 
it.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house.  Thank you so much for participating."  And 
that was that.

You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point.  The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection.  I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000.  I didn't have a single serious buyer.  Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
this in denial, folks - the response to my initial price point proves this.

I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000.  I got all kinds of stories during the 
inspection.  "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
currently unemployed, see..."

I'm not sure why this system failed.  All I know is that it did fail, plain and 
simple.  My case is one which proves that you CANNOT use this system in any time 

and in any place, whether buyer's or seller's market.  It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book.  Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day."

Stop lying to yourself, folks.  I had up until today, and I'm no better for it.

-Korge



      



Attached Message
        From: ken_thurman at yahoo.com 
        To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> 
        Subject: Re: [5-DayForum] Piqua 5 Day Sale: Final Results 
        Date: Mon, 26 Jul 2010 12:35:59 +0000 

Don't forget....you are no worse off either! In fact, you are in a stronger 
position with your bank.  Couldn't you now ask for either a modification or 
short sale price with more confidence? If you successfully modified, could you 
rent or lease option?
Sent via BlackBerry by AT&T

-----Original Message-----
From: Korge Mori <medic_korge at yahoo.com>
Sender: 5-dayforum-bounces+ken_thurman=yahoo.com at mailman.howtosellyourhomein5days.com
Date: Sun, 25 Jul 2010 19:50:24 
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Reply-To: How To Sell Your Home in 5-Days
	<5-dayforum at mailman.howtosellyourhomein5days.com>
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results

The sale was an abject failure.

I did everything right.  Everything was by the book.  No adjustments or 
modifications were made to the 5-Day Sale system.

Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding.  I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 

believe you they will call or reappear to find out where the bidding stands.  If 

it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
great deal.  Neighbors will bring their children to buy a house in the old 
neighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal!

I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
Remember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500.  The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000.  I called the highest bidder first.  I made it sound like this was the 
start of some great party, and he made it sound like he was the one that was 
forced to attend.  He, of course, stayed his bid.  The second bidder would not 
advance and dropped out.  The third never answered the phone.  The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything.  He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 

I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price.  Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No."  That's 
it.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house.  Thank you so much for participating."  And 
that was that.

You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point.  The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection.  I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000.  I didn't have a single serious buyer.  Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
this in denial, folks - the response to my initial price point proves this.

I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000.  I got all kinds of stories during the 
inspection.  "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
currently unemployed, see..."

I'm not sure why this system failed.  All I know is that it did fail, plain and 
simple.  My case is one which proves that you CANNOT use this system in any time 

and in any place, whether buyer's or seller's market.  It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book.  Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day."

Stop lying to yourself, folks.  I had up until today, and I'm no better for it.

-Korge



      

_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum



Attached Message
        From: Rosemarie 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] Piqua 5 Day Sale: Final Results 
        Date: Mon, 26 Jul 2010 09:49:58 -0400 

  I am so sorry this happened to you. I don't claim to know why. Sounds like you had everything in place. I don't know if your lender will take the high bid, but it would not hurt to ask. Although if you are up to date on your payments they may not even talk to you. 
  We have a place in Florida that I was going to try this system on but I have given up and let it go into foreclosure. (The tax value last year was $300K - it suddenly went to $66K leaving us with a $200K mortgage. Ouch!) I have a buyer at a short sale price, but by the time the lender gets around to approving it he may go away. This is a simply rotten time to be selling. The realtors say that if the price is low enough, you will sell, and that is probably true, but most of us cannot make up the difference - as, in your case, between $40K and $80K. And in my case, it's between $66K and $200K. So that's why people walk away. 
  I was really rooting for you and feel so bad that it didn't happen. 
  Rosemarie 
   
  ----- Original Message ----- From: "Korge Mori" <medic_korge at yahoo.com> 
  To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
  Sent: Sunday, July 25, 2010 10:50 PM 
  Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
   
  The sale was an abject failure. 
   
  I did everything right. Everything was by the book. No adjustments or 
  modifications were made to the 5-Day Sale system. 
   
  Day 5 was quiet for the most part. 6 groups came in, 4 of which were returns 
  from yesterday to check up on the bidding. I was worried, but not to overly 
  anxious about it because this is exactly what Bill said would happen: "If buyers 
  believe you they will call or reappear to find out where the bidding stands. If 
  it still stands at $24,500, they will believe you, and jump in. $25,000 is a 
  great deal. Neighbors will bring their children to buy a house in the old 
  neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 houses 
  down brought his kids in hopes of getting a good deal! 
   
  I ended up with 4 bids. The highest was from the neighbor 2 doors down. 
  Remember, my posted price was "$24,500 Or Best Offer", magic number and all. I 
  owe $80,000, I believe my home is worth $60,000 on the low end, and either 
  number will produce the magic number of $24,500. The initial bids, in order 
  from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
  $22,000. I called the highest bidder first. I made it sound like this was the 
  start of some great party, and he made it sound like he was the one that was 
  forced to attend. He, of course, stayed his bid. The second bidder would not 
  advance and dropped out. The third never answered the phone. The fourth was a 
  guy who really wanted the house and spent considerable time in my house looking 
  through everything. He told me upfront during the inspection that he couldn't 
  afford a house where the high bid was, but that his mother could definitely buy 
  into it. Well, anyway, he dropped out, too. So I go back to the first guy, and 
  I tell it to him straight: "You are the top bidder, but to be honest, I don't 
  believe the bank will accept this price. Are you willing to negotiate a price 
  with the bank so that you can make the purchase?" His response: "No." That's 
  it. Just "No." So after a silent two or three seconds, I said, "OK, well, I 
  guess this bidding did not work out as I had hoped, and I'll have to find 
  another way of selling this house. Thank you so much for participating." And 
  that was that. 
   
  You can say that my home is probably worth well below what I believe it to be 
  worth, but that's not even the point. The book says that if I have priced the 
  home with a low enough magic number, then I should get 25 responses by Friday 
  and the two or three serious buyers will surely be in the mix during my 
  inspection. I got 31 responses by Friday, which says that my price point is 
  correct - and it also says that the value of my home, at the very least, should 
  be around $50,000. I didn't have a single serious buyer. Even if you counted 
  my high bidder as a serious buyer, no one in their right mind can look at my 
  house and say, "Yeah, $40,000 is about right for that house." I'm not saying 
  this in denial, folks - the response to my initial price point proves this. 
   
  I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
  attracted two types of people: the investors who wanted to get a steal to flip, 
  and those that saw the initial price and hoped beyond hope that they were going 
  to get a great deal for a great house, though they probably wouldn't be able to 
  afford anything much beyond $25,000. I got all kinds of stories during the 
  inspection. "Well, we were living in a trailer and you wouldn't believe that 
  the landlord kicked us out and now we're in a two-bedroom apartment and the 
  landlord is trying to get us out again so then we saw your ad..."; "You know, 
  I'm looking for something to do, a fixer-upper, maybe make some money. I'm 
  currently unemployed, see..." 
   
  I'm not sure why this system failed. All I know is that it did fail, plain and 
  simple. My case is one which proves that you CANNOT use this system in any time 
  and in any place, whether buyer's or seller's market. It proves that you WILL 
  NOT consistently get the high end of what the market will support on that 
  particular day when you follow the book. Maybe you could counter by saying, 
  "Well, there just wasn't a market for your home on that particular day." 
   
  Stop lying to yourself, folks. I had up until today, and I'm no better for it. 
   
  -Korge 
   
   
   
  _______________________________________________ 
  5-DayForum mailing list 
  5-DayForum at mailman.howtosellyourhomein5days.com 
  http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum  


Attached Message
        From: SKY HIGH <skyhighplanning at gmail.com> 
        To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> 
        Subject: Re: [5-DayForum] Piqua 5 Day Sale: Final Results 
        Date: Mon, 26 Jul 2010 10:55:52 -0400 

  There is a very good chance for your lender to accept the high bid but if you do not want to deal with it you should get professional help. 
   
  Rosemarie, 
  I believe it is important for you and everyone else to understand that being "upside down" on your mortgage doesn't mean you should walk away. Of course, depending on several factors the short sale process to get bank to approve the sale for less than balance owed can take time. The buyer may not want to wait too long but that doesn't mean you can't find another buyer or find one that is willing to wait. The problem is that most people don't know that walking away an letting the property foreclose will probably get you in a worse situation. It is more probable that they will come after you for the deficiency (difference owed) and possibly even sell for less making the difference larger. With no one negotiating or representing your interests the situation can be much worse. It is possible for the lender to waive deficiency in the short sale so it's worth trying but you must have a professional handle the process for best results. 
  We specialize in this process especially in Florida. I would be happy to help you resolve this. Please feel free to contact me anytime if you have questions. 
   
  Best regards, 
   
  Carlos A. Chica 
  Sky High Planning, Inc. 
  7380 Sand Lake Rd. #500 
  Orlando, FL 32819 
  Office: (407) 352-3220 
  Fax: (407) 738-4816 
  Cell: (646) 552-0107 
  skyhighplanning at gmail.com 
   
  www.SHORTSALESFINEST.com 
   
  Coming Soon: 
   
  www.SKYHIGHPLANNING.com 
   
  "It's kind of Fun to do the Impossible" 
   
   - Walt Disney 
   
  On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com > wrote: 
   
  > I am so sorry this happened to you. I don't claim to know why. > Sounds like 
  > you had everything in place. I don't know if your lender will take > the high 
  > bid, but it would not hurt to ask. Although if you are up to date on > your 
  > payments they may not even talk to you. 
  > We have a place in Florida that I was going to try this system on > but I have 
  > given up and let it go into foreclosure. (The tax value last year was 
  > $300K - it suddenly went to $66K leaving us with a $200K mortgage. > Ouch!) I 
  > have a buyer at a short sale price, but by the time the lender gets > around 
  > to approving it he may go away. This is a simply rotten time to be > selling. 
  > The realtors say that if the price is low enough, you will sell, and > that is 
  > probably true, but most of us cannot make up the difference - as, in > your 
  > case, between $40K and $80K. And in my case, it's between $66K and > $200K. So 
  > that's why people walk away. 
  > I was really rooting for you and feel so bad that it didn't happen. 
  > Rosemarie 
  > 
  > ----- Original Message ----- 
  > From: "Korge Mori" <medic_korge at yahoo.com> 
  > To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
  > Sent: Sunday, July 25, 2010 10:50 PM 
  > Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
  > 
  > 
  > The sale was an abject failure. 
  > 
  > I did everything right. Everything was by the book. No adjustments or 
  > modifications were made to the 5-Day Sale system. 
  > 
  > Day 5 was quiet for the most part. 6 groups came in, 4 of which were > returns 
  > from yesterday to check up on the bidding. I was worried, but not to > overly 
  > anxious about it because this is exactly what Bill said would > happen: "If 
  > buyers 
  > believe you they will call or reappear to find out where the bidding > stands. 
  > If 
  > it still stands at $24,500, they will believe you, and jump in. > $25,000 is a 
  > great deal. Neighbors will bring their children to buy a house in > the old 
  > neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 
  > houses 
  > down brought his kids in hopes of getting a good deal! 
  > 
  > I ended up with 4 bids. The highest was from the neighbor 2 doors > down. 
  > Remember, my posted price was "$24,500 Or Best Offer", magic number > and all. 
  > I 
  > owe $80,000, I believe my home is worth $60,000 on the low end, and > either 
  > number will produce the magic number of $24,500. The initial bids, > in order 
  > from highest to lowest, were as follows: $40,000, $35,000, $25,000, > and 
  > $22,000. I called the highest bidder first. I made it sound like > this was 
  > the 
  > start of some great party, and he made it sound like he was the one > that was 
  > forced to attend. He, of course, stayed his bid. The second bidder > would not 
  > advance and dropped out. The third never answered the phone. The > fourth was 
  > a 
  > guy who really wanted the house and spent considerable time in my > house 
  > looking 
  > through everything. He told me upfront during the inspection that he 
  > couldn't 
  > afford a house where the high bid was, but that his mother could > definitely 
  > buy 
  > into it. Well, anyway, he dropped out, too. So I go back to the > first guy, 
  > and 
  > I tell it to him straight: "You are the top bidder, but to be > honest, I 
  > don't 
  > believe the bank will accept this price. Are you willing to > negotiate a 
  > price 
  > with the bank so that you can make the purchase?" His response: > "No." That's 
  > it. Just "No." So after a silent two or three seconds, I said, "OK, > well, I 
  > guess this bidding did not work out as I had hoped, and I'll have to > find 
  > another way of selling this house. Thank you so much for > participating." And 
  > that was that. 
  > 
  > You can say that my home is probably worth well below what I believe > it to 
  > be 
  > worth, but that's not even the point. The book says that if I have > priced 
  > the 
  > home with a low enough magic number, then I should get 25 responses by 
  > Friday 
  > and the two or three serious buyers will surely be in the mix during > my 
  > inspection. I got 31 responses by Friday, which says that my price > point is 
  > correct - and it also says that the value of my home, at the very > least, 
  > should 
  > be around $50,000. I didn't have a single serious buyer. Even if you > counted 
  > my high bidder as a serious buyer, no one in their right mind can > look at my 
  > house and say, "Yeah, $40,000 is about right for that house." I'm > not saying 
  > this in denial, folks - the response to my initial price point > proves this. 
  > 
  > I hate to prejudge people (so I guess I will), but it seemed to me > that my 
  > sale 
  > attracted two types of people: the investors who wanted to get a > steal to 
  > flip, 
  > and those that saw the initial price and hoped beyond hope that they > were 
  > going 
  > to get a great deal for a great house, though they probably wouldn't > be able 
  > to 
  > afford anything much beyond $25,000. I got all kinds of stories > during the 
  > inspection. "Well, we were living in a trailer and you wouldn't > believe that 
  > the landlord kicked us out and now we're in a two-bedroom apartment > and the 
  > landlord is trying to get us out again so then we saw your ad..."; > "You 
  > know, 
  > I'm looking for something to do, a fixer-upper, maybe make some > money. I'm 
  > currently unemployed, see..." 
  > 
  > I'm not sure why this system failed. All I know is that it did fail, > plain 
  > and 
  > simple. My case is one which proves that you CANNOT use this system > in any 
  > time 
  > and in any place, whether buyer's or seller's market. It proves that > you 
  > WILL 
  > NOT consistently get the high end of what the market will support on > that 
  > particular day when you follow the book. Maybe you could counter by > saying, 
  > "Well, there just wasn't a market for your home on that particular > day." 
  > 
  > Stop lying to yourself, folks. I had up until today, and I'm no > better for 
  > it. 
  > 
  > -Korge 
  > 
  > 
  > 
  > 
  > 
  > _______________________________________________ 
  > 5-DayForum mailing list 
  > 5-DayForum at mailman.howtosellyourhomein5days.com 
  > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
  > 
  > _______________________________________________ 
  > 5-DayForum mailing list 
  > 5-DayForum at mailman.howtosellyourhomein5days.com 
  > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
   


Attached Message
        From: Pete Skram <peteskram at yahoo.com> 
        To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> 
        Subject: [5-DayForum] unsubscribe 
        Date: Mon, 26 Jul 2010 08:50:56 -0700 (PDT) 

        Please unsubscribe me.  Thanks! 

        --- On Mon, 7/26/10, SKY HIGH <skyhighplanning at gmail.com> wrote:


          From: SKY HIGH <skyhighplanning at gmail.com>
          Subject: Re: [5-DayForum] Piqua 5 Day Sale: Final Results
          To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
          Date: Monday, July 26, 2010, 9:55 AM


          There is a very good chance for your lender to accept the high bid but  
          if you do not want to deal with it you should get professional help.

          Rosemarie,
          I believe it is important for you and everyone else to understand that  
          being "upside down" on your mortgage doesn't mean you should walk  
          away.  Of course, depending on several factors the short sale process  
          to get bank to approve the sale for less than balance owed can take  
          time.  The buyer may not want to wait too long but that doesn't mean  
          you can't find another buyer or find one that is willing to wait.  The  
          problem is that most people don't know that walking away an letting  
          the property foreclose will probably get you in a worse situation.  It  
          is more probable that they will come after you for the deficiency  
          (difference owed) and possibly even sell for less making the  
          difference larger.  With no one negotiating or representing your  
          interests the situation can be much worse. It is possible for the  
          lender to waive deficiency in the short sale so it's worth trying but  
          you must have a professional handle the process for best results.
          We specialize in this process especially in Florida.  I would be happy  
          to help you resolve this.  Please feel free to contact me anytime if  
          you have questions.

          Best regards,

          Carlos A. Chica
          Sky High Planning, Inc.
          7380 Sand Lake Rd.  #500
          Orlando, FL  32819
          Office:  (407) 352-3220
          Fax:      (407) 738-4816
          Cell:      (646) 552-0107
          skyhighplanning at gmail.com

          www.SHORTSALESFINEST.com

          Coming Soon:

          www.SKYHIGHPLANNING.com

          "It's kind of Fun to do the Impossible"

            -  Walt Disney

          On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com 
          > wrote:

          > I am so sorry this happened to you. I don't claim to know why.  
          > Sounds like
          > you had everything in place. I don't know if your lender will take  
          > the high
          > bid, but it would not hurt to ask. Although if you are up to date on  
          > your
          > payments they may not even talk to you.
          > We have a place in Florida that I was going to try this system on  
          > but I have
          > given up and let it go into foreclosure. (The tax value last year was
          > $300K - it suddenly went to $66K leaving us with a $200K mortgage.  
          > Ouch!) I
          > have a buyer at a short sale price, but by the time the lender gets  
          > around
          > to approving it he may go away. This is a simply rotten time to be  
          > selling.
          > The realtors say that if the price is low enough, you will sell, and  
          > that is
          > probably true, but most of us cannot make up the difference - as, in  
          > your
          > case, between $40K and $80K. And in my case, it's between $66K and  
          > $200K. So
          > that's why people walk away.
          > I was really rooting for you and feel so bad that it didn't happen.
          > Rosemarie
          >
          > ----- Original Message -----
          > From: "Korge Mori" <medic_korge at yahoo.com>
          > To: <5-dayforum at mailman.howtosellyourhomein5days.com>
          > Sent: Sunday, July 25, 2010 10:50 PM
          > Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
          >
          >
          > The sale was an abject failure.
          >
          > I did everything right. Everything was by the book. No adjustments or
          > modifications were made to the 5-Day Sale system.
          >
          > Day 5 was quiet for the most part. 6 groups came in, 4 of which were  
          > returns
          > from yesterday to check up on the bidding. I was worried, but not to  
          > overly
          > anxious about it because this is exactly what Bill said would  
          > happen: "If
          > buyers
          > believe you they will call or reappear to find out where the bidding  
          > stands.
          > If
          > it still stands at $24,500, they will believe you, and jump in.  
          > $25,000 is a
          > great deal. Neighbors will bring their children to buy a house in  
          > the old
          > neighborhood. Cheap!" And it DID happen that way - the neighbor from 2
          > houses
          > down brought his kids in hopes of getting a good deal!
          >
          > I ended up with 4 bids. The highest was from the neighbor 2 doors  
          > down.
          > Remember, my posted price was "$24,500 Or Best Offer", magic number  
          > and all.
          > I
          > owe $80,000, I believe my home is worth $60,000 on the low end, and  
          > either
          > number will produce the magic number of $24,500. The initial bids,  
          > in order
          > from highest to lowest, were as follows: $40,000, $35,000, $25,000,  
          > and
          > $22,000. I called the highest bidder first. I made it sound like  
          > this was
          > the
          > start of some great party, and he made it sound like he was the one  
          > that was
          > forced to attend. He, of course, stayed his bid. The second bidder  
          > would not
          > advance and dropped out. The third never answered the phone. The  
          > fourth was
          > a
          > guy who really wanted the house and spent considerable time in my  
          > house
          > looking
          > through everything. He told me upfront during the inspection that he
          > couldn't
          > afford a house where the high bid was, but that his mother could  
          > definitely
          > buy
          > into it. Well, anyway, he dropped out, too. So I go back to the  
          > first guy,
          > and
          > I tell it to him straight: "You are the top bidder, but to be  
          > honest, I
          > don't
          > believe the bank will accept this price. Are you willing to  
          > negotiate a
          > price
          > with the bank so that you can make the purchase?" His response:  
          > "No." That's
          > it. Just "No." So after a silent two or three seconds, I said, "OK,  
          > well, I
          > guess this bidding did not work out as I had hoped, and I'll have to  
          > find
          > another way of selling this house. Thank you so much for  
          > participating." And
          > that was that.
          >
          > You can say that my home is probably worth well below what I believe  
          > it to
          > be
          > worth, but that's not even the point. The book says that if I have  
          > priced
          > the
          > home with a low enough magic number, then I should get 25 responses by
          > Friday
          > and the two or three serious buyers will surely be in the mix during  
          > my
          > inspection. I got 31 responses by Friday, which says that my price  
          > point is
          > correct - and it also says that the value of my home, at the very  
          > least,
          > should
          > be around $50,000. I didn't have a single serious buyer. Even if you  
          > counted
          > my high bidder as a serious buyer, no one in their right mind can  
          > look at my
          > house and say, "Yeah, $40,000 is about right for that house." I'm  
          > not saying
          > this in denial, folks - the response to my initial price point  
          > proves this.
          >
          > I hate to prejudge people (so I guess I will), but it seemed to me  
          > that my
          > sale
          > attracted two types of people: the investors who wanted to get a  
          > steal to
          > flip,
          > and those that saw the initial price and hoped beyond hope that they  
          > were
          > going
          > to get a great deal for a great house, though they probably wouldn't  
          > be able
          > to
          > afford anything much beyond $25,000. I got all kinds of stories  
          > during the
          > inspection. "Well, we were living in a trailer and you wouldn't  
          > believe that
          > the landlord kicked us out and now we're in a two-bedroom apartment  
          > and the
          > landlord is trying to get us out again so then we saw your ad...";  
          > "You
          > know,
          > I'm looking for something to do, a fixer-upper, maybe make some  
          > money. I'm
          > currently unemployed, see..."
          >
          > I'm not sure why this system failed. All I know is that it did fail,  
          > plain
          > and
          > simple. My case is one which proves that you CANNOT use this system  
          > in any
          > time
          > and in any place, whether buyer's or seller's market. It proves that  
          > you
          > WILL
          > NOT consistently get the high end of what the market will support on  
          > that
          > particular day when you follow the book. Maybe you could counter by  
          > saying,
          > "Well, there just wasn't a market for your home on that particular  
          > day."
          >
          > Stop lying to yourself, folks. I had up until today, and I'm no  
          > better for
          > it.
          >
          > -Korge
          >
          >
          >
          >
          >
          > _______________________________________________
          > 5-DayForum mailing list
          > 5-DayForum at mailman.howtosellyourhomein5days.com
          > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
          >
          > _______________________________________________
          > 5-DayForum mailing list
          > 5-DayForum at mailman.howtosellyourhomein5days.com
          > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
          _______________________________________________
          5-DayForum mailing list
          5-DayForum at mailman.howtosellyourhomein5days.com
          http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
       


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From ken_thurman at yahoo.com  Mon Jul 26 17:17:18 2010
From: ken_thurman at yahoo.com (ken_thurman at yahoo.com)
Date: Mon, 26 Jul 2010 21:17:18 +0000
Subject: [5-DayForum] Piqua house
In-Reply-To: <B974FA996B684492859601A31E921151@rosemarifv6onv>
References: <8CCFB085ADD06CF-5C4-109@webmail-m058.sysops.aol.com><B974FA996B684492859601A31E921151@rosemarifv6onv>
Message-ID: <986611672-1280179323-cardhu_decombobulator_blackberry.rim.net-927014079-@bda572.bisx.prod.on.blackberry>

Amen on the try it again! In the meantime, start communications with your lender. Make a personal connection with their loss mitigation Dept and explain what you r doing n where you r at in the process. 
Sent via BlackBerry by AT&T

-----Original Message-----
From: "Rosemarie Belcher" <rosemarie-fred at mindspring.com>
Sender: 5-dayforum-bounces+ken_thurman=yahoo.com at mailman.howtosellyourhomein5days.com
Date: Mon, 26 Jul 2010 17:13:50 
To: How To Sell Your Home in 5-Days<5-dayforum at mailman.howtosellyourhomein5days.com>
Reply-To: How To Sell Your Home in 5-Days
	<5-dayforum at mailman.howtosellyourhomein5days.com>
Subject: Re: [5-DayForum] Piqua house

_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum





From gbojovska at gmail.com  Mon Jul 26 17:35:48 2010
From: gbojovska at gmail.com (Gordana Bojovska)
Date: Mon, 26 Jul 2010 17:35:48 -0400
Subject: [5-DayForum] Pawling NY Auction Followup
Message-ID: <AANLkTi=SQaTdJ+5F5RtusQUBCYFTBqakrFpqpXHEOZ00@mail.gmail.com>

Hi Everyone,

We just completed our auction this weekend and I have to say it was a
success.  I just didn't realize how bad the real estate market really was
and that was very depressing.

We purchased this house at 215K- put about 180K into it.  The properties in
the area seem to be going either very high or very low.  We had an offer
last year for 499K and that fell through.  We rented for a year and the
highest bid we got yesterday at our auction was 395K.  This puts us at a
break even point luckily but we did all of our homework and really thought
we would be able to sell it for almost 500K.  The town assess this property
at 700K.  So we are disappointed that we didn't make any money off of this
project but are relieved that it will be off of our hands.

We had about 67 callers and then another 10-15 people came by just from the
signs that never called.  Most of the people that called and sounded very
interested never ended up coming by to the house to participate in the
auction which was very strange to us.  Some came by- saw that it was not
rundown and drove away.  We really thought we were going to be able to sell
this home for 410K-450K because of the condition and the neighborhood.

I would suggest you do away with the print advertising except for the
pennysaver because we didn't get a single call from any of the newspapers.
Craigslist didn't do us much good either but it's free so it's worth posting
to.

The mailing was also a wash.  For $1500 it only generated 3 leads.

Next time we do this we will go overboard on the signs.  We also had
balloons out front during the auction.

We had a TON of people interested in the house who told us they loved it but
people really didn't want to put down an initial bid.  Ultimately we wound
up with 3 serious buyers but until we actually close I am still on edge.

When it came time for the bidding over the phone we could not reach half of
the people that put down an initial bid, which was a great disadvantage to
us and ultimately led to the lower sales price.

I wish we knew this method a year ago when the RE market was a bit better-
we would have been able to come out of this with a few bucks in our pocket.


Next time we do this it will be on properties where we have done much less
work than this one- it's an excellent method for selling homes that you get
for a bargain.

Thanks to everyone for all of their suggestions and well wishes and Bill
thanks for sharing this method with us- we will definitely be using it
again.

Bill, can you please go into more detail in your next version about how to
conduct the auction itself over the phone?  I am not sure if we did it right
to get the highest bid out of everyone that we could have.  Suggestions on
making sure people are home and by their phone when bidding time comes would
be great for future auctions too.

Thanks again!

-Gordana
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From t_schenck at hotmail.com  Mon Jul 26 17:47:23 2010
From: t_schenck at hotmail.com (Tony Schenck)
Date: Mon, 26 Jul 2010 17:47:23 -0400
Subject: [5-DayForum] Piqua house
In-Reply-To: <B974FA996B684492859601A31E921151@rosemarifv6onv>
References: 32712183 <8CCFB085ADD06CF-5C4-109@webmail-m058.sysops.aol.com>,
	<B974FA996B684492859601A31E921151@rosemarifv6onv>
Message-ID: <BAY140-W232E22F5FE80F30DD5001F9FA60@phx.gbl>


Korge: "I feel ya." 

Abject failure? No way. If I showed you my balance sheet after 5 glorious years of building luxury spec homes in Fairfield County Connecticut... now there's a train wreck approximating abject failure. Plus I am old enough to be your grandfather. It's all "A Temporary Hassle."

Somebody on this forum I'm sure has a formula for this property. How about renting the thing out? A straight rental creates more tenant management issues of course. How about rent-to-buy? Here's your ad:

"Low Down, No Credit check, Low monthly: rent to own!" Set the rental term at 36 months and at an amount to cover existing mortgage, taxes and insurance. Work out the numbers so that there is some credit toward the purchase price which you set at whatever will be outstanding on the mortgage at the end of 36 months. Give your tenant who comes in with a crummy FICO 30 months to bring his/her score up to snuff. The lease says the tenant/buyer must do all maintenance, period. The tenant/buyer will have a modest but to him significant down payment, say $5000 minimum.

Someone on this forum probably has some ideas about a loan mod, short sale, etc. Just don't accept sending the bank your current level of P&I month after month for an empty house.

Tony

 
 


 



From: rosemarie-fred at mindspring.com
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Date: Mon, 26 Jul 2010 17:13:50 -0400
Subject: Re: [5-DayForum] Piqua house




I think Rob has the right idea here - try it again -what have you got to lose?

----- Original Message ----- 
From: Rob 
To: 5-dayforum at mailman.howtosellyourhomein5days.com 
Sent: Monday, July 26, 2010 2:34 PM
Subject: Re: [5-DayForum] 5-DayForum Digest, Vol 40, Issue 18

Piqua house. try it again in 2 or 3 weeks. i sell cars a lot and it is up and down too. one attempt via your situation is probably not a good representation of "it's a failure." It was this time. I am always amazed how all of a sudden there are serious buyers for a Craigslist offering when nothing happened for months. Try it again. Bill's commnets would be of interest here. 



Rob


-----Original Message-----
From: 5-dayforum-request <5-dayforum-request at mailman.howtosellyourhomein5days.com>
To: 5-dayforum <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Mon, Jul 26, 2010 11:02 am
Subject: 5-DayForum Digest, Vol 40, Issue 18


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Today's Topics:

   1. Piqua 5 Day Sale: Final Results (Korge Mori)
   2. Re: Piqua 5 Day Sale: Final Results (ken_thurman at yahoo.com)
   3. Re: Piqua 5 Day Sale: Final Results (Rosemarie Belcher)
   4. Re: Piqua 5 Day Sale: Final Results (SKY HIGH)
   5. unsubscribe (Pete Skram)



Attached Message



From:
Korge Mori <medic_korge at yahoo.com>

To:
5-dayforum at mailman.howtosellyourhomein5days.com

Subject:
[5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Sun, 25 Jul 2010 19:50:24 -0700 (PDT)
The sale was an abject failure.

I did everything right.  Everything was by the book.  No adjustments or 
modifications were made to the 5-Day Sale system.

Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding.  I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 

believe you they will call or reappear to find out where the bidding stands.  If 

it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
great deal.  Neighbors will bring their children to buy a house in the old 
neighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal!

I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
Remember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500.  The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000.  I called the highest bidder first.  I made it sound like this was the 
start of some great party, and he made it sound like he was the one that was 
forced to attend.  He, of course, stayed his bid.  The second bidder would not 
advance and dropped out.  The third never answered the phone.  The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything.  He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 

I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price.  Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No."  That's 
it.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house.  Thank you so much for participating."  And 
that was that.

You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point.  The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection.  I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000.  I didn't have a single serious buyer.  Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
this in denial, folks - the response to my initial price point proves this.

I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000.  I got all kinds of stories during the 
inspection.  "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
currently unemployed, see..."

I'm not sure why this system failed.  All I know is that it did fail, plain and 
simple.  My case is one which proves that you CANNOT use this system in any time 

and in any place, whether buyer's or seller's market.  It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book.  Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day."

Stop lying to yourself, folks.  I had up until today, and I'm no better for it.

-Korge



      







Attached Message



From:
ken_thurman at yahoo.com

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
Re: [5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 12:35:59 +0000
Don't forget....you are no worse off either! In fact, you are in a stronger 
position with your bank.  Couldn't you now ask for either a modification or 
short sale price with more confidence? If you successfully modified, could you 
rent or lease option?
Sent via BlackBerry by AT&T

-----Original Message-----
From: Korge Mori <medic_korge at yahoo.com>
Sender: 5-dayforum-bounces+ken_thurman=yahoo.com at mailman.howtosellyourhomein5days.com
Date: Sun, 25 Jul 2010 19:50:24 
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Reply-To: How To Sell Your Home in 5-Days
	<5-dayforum at mailman.howtosellyourhomein5days.com>
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results

The sale was an abject failure.

I did everything right.  Everything was by the book.  No adjustments or 
modifications were made to the 5-Day Sale system.

Day 5 was quiet for the most part.  6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding.  I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 

believe you they will call or reappear to find out where the bidding stands.  If 

it still stands at $24,500, they will believe you, and jump in.  $25,000 is a 
great deal.  Neighbors will bring their children to buy a house in the old 
neighborhood.  Cheap!"  And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal!

I ended up with 4 bids.  The highest was from the neighbor 2 doors down.  
Remember, my posted price was "$24,500 Or Best Offer", magic number and all.  I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500.  The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000.  I called the highest bidder first.  I made it sound like this was the 
start of some great party, and he made it sound like he was the one that was 
forced to attend.  He, of course, stayed his bid.  The second bidder would not 
advance and dropped out.  The third never answered the phone.  The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything.  He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it.  Well, anyway, he dropped out, too.  So I go back to the first guy, and 

I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price.  Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No."  That's 
it.  Just "No."  So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house.  Thank you so much for participating."  And 
that was that.

You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point.  The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection.  I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000.  I didn't have a single serious buyer.  Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house."  I'm not saying 
this in denial, folks - the response to my initial price point proves this.

I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000.  I got all kinds of stories during the 
inspection.  "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money.  I'm 
currently unemployed, see..."

I'm not sure why this system failed.  All I know is that it did fail, plain and 
simple.  My case is one which proves that you CANNOT use this system in any time 

and in any place, whether buyer's or seller's market.  It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book.  Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day."

Stop lying to yourself, folks.  I had up until today, and I'm no better for it.

-Korge



      

_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum







Attached Message



From:
Rosemarie 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] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 09:49:58 -0400
I am so sorry this happened to you. I don't claim to know why. Sounds like you had everything in place. I don't know if your lender will take the high bid, but it would not hurt to ask. Although if you are up to date on your payments they may not even talk to you. 
We have a place in Florida that I was going to try this system on but I have given up and let it go into foreclosure. (The tax value last year was $300K - it suddenly went to $66K leaving us with a $200K mortgage. Ouch!) I have a buyer at a short sale price, but by the time the lender gets around to approving it he may go away. This is a simply rotten time to be selling. The realtors say that if the price is low enough, you will sell, and that is probably true, but most of us cannot make up the difference - as, in your case, between $40K and $80K. And in my case, it's between $66K and $200K. So that's why people walk away. 
I was really rooting for you and feel so bad that it didn't happen. 
Rosemarie 
 
----- Original Message ----- From: "Korge Mori" <medic_korge at yahoo.com> 
To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
Sent: Sunday, July 25, 2010 10:50 PM 
Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
 
The sale was an abject failure. 
 
I did everything right. Everything was by the book. No adjustments or 
modifications were made to the 5-Day Sale system. 
 
Day 5 was quiet for the most part. 6 groups came in, 4 of which were returns 
from yesterday to check up on the bidding. I was worried, but not to overly 
anxious about it because this is exactly what Bill said would happen: "If buyers 
believe you they will call or reappear to find out where the bidding stands. If 
it still stands at $24,500, they will believe you, and jump in. $25,000 is a 
great deal. Neighbors will bring their children to buy a house in the old 
neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 houses 
down brought his kids in hopes of getting a good deal! 
 
I ended up with 4 bids. The highest was from the neighbor 2 doors down. 
Remember, my posted price was "$24,500 Or Best Offer", magic number and all. I 
owe $80,000, I believe my home is worth $60,000 on the low end, and either 
number will produce the magic number of $24,500. The initial bids, in order 
from highest to lowest, were as follows: $40,000, $35,000, $25,000, and 
$22,000. I called the highest bidder first. I made it sound like this was the 
start of some great party, and he made it sound like he was the one that was 
forced to attend. He, of course, stayed his bid. The second bidder would not 
advance and dropped out. The third never answered the phone. The fourth was a 
guy who really wanted the house and spent considerable time in my house looking 
through everything. He told me upfront during the inspection that he couldn't 
afford a house where the high bid was, but that his mother could definitely buy 
into it. Well, anyway, he dropped out, too. So I go back to the first guy, and 
I tell it to him straight: "You are the top bidder, but to be honest, I don't 
believe the bank will accept this price. Are you willing to negotiate a price 
with the bank so that you can make the purchase?" His response: "No." That's 
it. Just "No." So after a silent two or three seconds, I said, "OK, well, I 
guess this bidding did not work out as I had hoped, and I'll have to find 
another way of selling this house. Thank you so much for participating." And 
that was that. 
 
You can say that my home is probably worth well below what I believe it to be 
worth, but that's not even the point. The book says that if I have priced the 
home with a low enough magic number, then I should get 25 responses by Friday 
and the two or three serious buyers will surely be in the mix during my 
inspection. I got 31 responses by Friday, which says that my price point is 
correct - and it also says that the value of my home, at the very least, should 
be around $50,000. I didn't have a single serious buyer. Even if you counted 
my high bidder as a serious buyer, no one in their right mind can look at my 
house and say, "Yeah, $40,000 is about right for that house." I'm not saying 
this in denial, folks - the response to my initial price point proves this. 
 
I hate to prejudge people (so I guess I will), but it seemed to me that my sale 
attracted two types of people: the investors who wanted to get a steal to flip, 
and those that saw the initial price and hoped beyond hope that they were going 
to get a great deal for a great house, though they probably wouldn't be able to 
afford anything much beyond $25,000. I got all kinds of stories during the 
inspection. "Well, we were living in a trailer and you wouldn't believe that 
the landlord kicked us out and now we're in a two-bedroom apartment and the 
landlord is trying to get us out again so then we saw your ad..."; "You know, 
I'm looking for something to do, a fixer-upper, maybe make some money. I'm 
currently unemployed, see..." 
 
I'm not sure why this system failed. All I know is that it did fail, plain and 
simple. My case is one which proves that you CANNOT use this system in any time 
and in any place, whether buyer's or seller's market. It proves that you WILL 
NOT consistently get the high end of what the market will support on that 
particular day when you follow the book. Maybe you could counter by saying, 
"Well, there just wasn't a market for your home on that particular day." 
 
Stop lying to yourself, folks. I had up until today, and I'm no better for it. 
 
-Korge 
 
 
 
_______________________________________________ 
5-DayForum mailing list 
5-DayForum at mailman.howtosellyourhomein5days.com 
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum  





Attached Message



From:
SKY HIGH <skyhighplanning at gmail.com>

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
Re: [5-DayForum] Piqua 5 Day Sale: Final Results

Date:
Mon, 26 Jul 2010 10:55:52 -0400
There is a very good chance for your lender to accept the high bid but if you do not want to deal with it you should get professional help. 
 
Rosemarie, 
I believe it is important for you and everyone else to understand that being "upside down" on your mortgage doesn't mean you should walk away. Of course, depending on several factors the short sale process to get bank to approve the sale for less than balance owed can take time. The buyer may not want to wait too long but that doesn't mean you can't find another buyer or find one that is willing to wait. The problem is that most people don't know that walking away an letting the property foreclose will probably get you in a worse situation. It is more probable that they will come after you for the deficiency (difference owed) and possibly even sell for less making the difference larger. With no one negotiating or representing your interests the situation can be much worse. It is possible for the lender to waive deficiency in the short sale so it's worth trying but you must have a professional handle the process for best results. 
We specialize in this process especially in Florida. I would be happy to help you resolve this. Please feel free to contact me anytime if you have questions. 
 
Best regards, 
 
Carlos A. Chica 
Sky High Planning, Inc. 
7380 Sand Lake Rd. #500 
Orlando, FL 32819 
Office: (407) 352-3220 
Fax: (407) 738-4816 
Cell: (646) 552-0107 
skyhighplanning at gmail.com 
 
www.SHORTSALESFINEST.com 
 
Coming Soon: 
 
www.SKYHIGHPLANNING.com 
 
"It's kind of Fun to do the Impossible" 
 
 - Walt Disney 
 
On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com > wrote: 
 
> I am so sorry this happened to you. I don't claim to know why. > Sounds like 
> you had everything in place. I don't know if your lender will take > the high 
> bid, but it would not hurt to ask. Although if you are up to date on > your 
> payments they may not even talk to you. 
> We have a place in Florida that I was going to try this system on > but I have 
> given up and let it go into foreclosure. (The tax value last year was 
> $300K - it suddenly went to $66K leaving us with a $200K mortgage. > Ouch!) I 
> have a buyer at a short sale price, but by the time the lender gets > around 
> to approving it he may go away. This is a simply rotten time to be > selling. 
> The realtors say that if the price is low enough, you will sell, and > that is 
> probably true, but most of us cannot make up the difference - as, in > your 
> case, between $40K and $80K. And in my case, it's between $66K and > $200K. So 
> that's why people walk away. 
> I was really rooting for you and feel so bad that it didn't happen. 
> Rosemarie 
> 
> ----- Original Message ----- 
> From: "Korge Mori" <medic_korge at yahoo.com> 
> To: <5-dayforum at mailman.howtosellyourhomein5days.com> 
> Sent: Sunday, July 25, 2010 10:50 PM 
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results 
> 
> 
> The sale was an abject failure. 
> 
> I did everything right. Everything was by the book. No adjustments or 
> modifications were made to the 5-Day Sale system. 
> 
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were > returns 
> from yesterday to check up on the bidding. I was worried, but not to > overly 
> anxious about it because this is exactly what Bill said would > happen: "If 
> buyers 
> believe you they will call or reappear to find out where the bidding > stands. 
> If 
> it still stands at $24,500, they will believe you, and jump in. > $25,000 is a 
> great deal. Neighbors will bring their children to buy a house in > the old 
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2 
> houses 
> down brought his kids in hopes of getting a good deal! 
> 
> I ended up with 4 bids. The highest was from the neighbor 2 doors > down. 
> Remember, my posted price was "$24,500 Or Best Offer", magic number > and all. 
> I 
> owe $80,000, I believe my home is worth $60,000 on the low end, and > either 
> number will produce the magic number of $24,500. The initial bids, > in order 
> from highest to lowest, were as follows: $40,000, $35,000, $25,000, > and 
> $22,000. I called the highest bidder first. I made it sound like > this was 
> the 
> start of some great party, and he made it sound like he was the one > that was 
> forced to attend. He, of course, stayed his bid. The second bidder > would not 
> advance and dropped out. The third never answered the phone. The > fourth was 
> a 
> guy who really wanted the house and spent considerable time in my > house 
> looking 
> through everything. He told me upfront during the inspection that he 
> couldn't 
> afford a house where the high bid was, but that his mother could > definitely 
> buy 
> into it. Well, anyway, he dropped out, too. So I go back to the > first guy, 
> and 
> I tell it to him straight: "You are the top bidder, but to be > honest, I 
> don't 
> believe the bank will accept this price. Are you willing to > negotiate a 
> price 
> with the bank so that you can make the purchase?" His response: > "No." That's 
> it. Just "No." So after a silent two or three seconds, I said, "OK, > well, I 
> guess this bidding did not work out as I had hoped, and I'll have to > find 
> another way of selling this house. Thank you so much for > participating." And 
> that was that. 
> 
> You can say that my home is probably worth well below what I believe > it to 
> be 
> worth, but that's not even the point. The book says that if I have > priced 
> the 
> home with a low enough magic number, then I should get 25 responses by 
> Friday 
> and the two or three serious buyers will surely be in the mix during > my 
> inspection. I got 31 responses by Friday, which says that my price > point is 
> correct - and it also says that the value of my home, at the very > least, 
> should 
> be around $50,000. I didn't have a single serious buyer. Even if you > counted 
> my high bidder as a serious buyer, no one in their right mind can > look at my 
> house and say, "Yeah, $40,000 is about right for that house." I'm > not saying 
> this in denial, folks - the response to my initial price point > proves this. 
> 
> I hate to prejudge people (so I guess I will), but it seemed to me > that my 
> sale 
> attracted two types of people: the investors who wanted to get a > steal to 
> flip, 
> and those that saw the initial price and hoped beyond hope that they > were 
> going 
> to get a great deal for a great house, though they probably wouldn't > be able 
> to 
> afford anything much beyond $25,000. I got all kinds of stories > during the 
> inspection. "Well, we were living in a trailer and you wouldn't > believe that 
> the landlord kicked us out and now we're in a two-bedroom apartment > and the 
> landlord is trying to get us out again so then we saw your ad..."; > "You 
> know, 
> I'm looking for something to do, a fixer-upper, maybe make some > money. I'm 
> currently unemployed, see..." 
> 
> I'm not sure why this system failed. All I know is that it did fail, > plain 
> and 
> simple. My case is one which proves that you CANNOT use this system > in any 
> time 
> and in any place, whether buyer's or seller's market. It proves that > you 
> WILL 
> NOT consistently get the high end of what the market will support on > that 
> particular day when you follow the book. Maybe you could counter by > saying, 
> "Well, there just wasn't a market for your home on that particular > day." 
> 
> Stop lying to yourself, folks. I had up until today, and I'm no > better for 
> it. 
> 
> -Korge 
> 
> 
> 
> 
> 
> _______________________________________________ 
> 5-DayForum mailing list 
> 5-DayForum at mailman.howtosellyourhomein5days.com 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
> 
> _______________________________________________ 
> 5-DayForum mailing list 
> 5-DayForum at mailman.howtosellyourhomein5days.com 
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum 
 





Attached Message



From:
Pete Skram <peteskram at yahoo.com>

To:
How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com>

Subject:
[5-DayForum] unsubscribe

Date:
Mon, 26 Jul 2010 08:50:56 -0700 (PDT)




Please unsubscribe me.  Thanks! 

--- On Mon, 7/26/10, SKY HIGH <skyhighplanning at gmail.com> wrote:


From: SKY HIGH <skyhighplanning at gmail.com>
Subject: Re: [5-DayForum] Piqua 5 Day Sale: Final Results
To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
Date: Monday, July 26, 2010, 9:55 AM


There is a very good chance for your lender to accept the high bid but  
if you do not want to deal with it you should get professional help.

Rosemarie,
I believe it is important for you and everyone else to understand that  
being "upside down" on your mortgage doesn't mean you should walk  
away.  Of course, depending on several factors the short sale process  
to get bank to approve the sale for less than balance owed can take  
time.  The buyer may not want to wait too long but that doesn't mean  
you can't find another buyer or find one that is willing to wait.  The  
problem is that most people don't know that walking away an letting  
the property foreclose will probably get you in a worse situation.  It  
is more probable that they will come after you for the deficiency  
(difference owed) and possibly even sell for less making the  
difference larger.  With no one negotiating or representing your  
interests the situation can be much worse. It is possible for the  
lender to waive deficiency in the short sale so it's worth trying but  
you must have a professional handle the process for best results.
We specialize in this process especially in Florida.  I would be happy  
to help you resolve this.  Please feel free to contact me anytime if  
you have questions.

Best regards,

Carlos A. Chica
Sky High Planning, Inc.
7380 Sand Lake Rd.  #500
Orlando, FL  32819
Office:  (407) 352-3220
Fax:      (407) 738-4816
Cell:      (646) 552-0107
skyhighplanning at gmail.com

www.SHORTSALESFINEST.com

Coming Soon:

www.SKYHIGHPLANNING.com

"It's kind of Fun to do the Impossible"

  -  Walt Disney

On Jul 26, 2010, at 9:49 AM, "Rosemarie Belcher" <rosemarie-fred at mindspring.com 
> wrote:

> I am so sorry this happened to you. I don't claim to know why.  
> Sounds like
> you had everything in place. I don't know if your lender will take  
> the high
> bid, but it would not hurt to ask. Although if you are up to date on  
> your
> payments they may not even talk to you.
> We have a place in Florida that I was going to try this system on  
> but I have
> given up and let it go into foreclosure. (The tax value last year was
> $300K - it suddenly went to $66K leaving us with a $200K mortgage.  
> Ouch!) I
> have a buyer at a short sale price, but by the time the lender gets  
> around
> to approving it he may go away. This is a simply rotten time to be  
> selling.
> The realtors say that if the price is low enough, you will sell, and  
> that is
> probably true, but most of us cannot make up the difference - as, in  
> your
> case, between $40K and $80K. And in my case, it's between $66K and  
> $200K. So
> that's why people walk away.
> I was really rooting for you and feel so bad that it didn't happen.
> Rosemarie
>
> ----- Original Message -----
> From: "Korge Mori" <medic_korge at yahoo.com>
> To: <5-dayforum at mailman.howtosellyourhomein5days.com>
> Sent: Sunday, July 25, 2010 10:50 PM
> Subject: [5-DayForum] Piqua 5 Day Sale: Final Results
>
>
> The sale was an abject failure.
>
> I did everything right. Everything was by the book. No adjustments or
> modifications were made to the 5-Day Sale system.
>
> Day 5 was quiet for the most part. 6 groups came in, 4 of which were  
> returns
> from yesterday to check up on the bidding. I was worried, but not to  
> overly
> anxious about it because this is exactly what Bill said would  
> happen: "If
> buyers
> believe you they will call or reappear to find out where the bidding  
> stands.
> If
> it still stands at $24,500, they will believe you, and jump in.  
> $25,000 is a
> great deal. Neighbors will bring their children to buy a house in  
> the old
> neighborhood. Cheap!" And it DID happen that way - the neighbor from 2
> houses
> down brought his kids in hopes of getting a good deal!
>
> I ended up with 4 bids. The highest was from the neighbor 2 doors  
> down.
> Remember, my posted price was "$24,500 Or Best Offer", magic number  
> and all.
> I
> owe $80,000, I believe my home is worth $60,000 on the low end, and  
> either
> number will produce the magic number of $24,500. The initial bids,  
> in order
> from highest to lowest, were as follows: $40,000, $35,000, $25,000,  
> and
> $22,000. I called the highest bidder first. I made it sound like  
> this was
> the
> start of some great party, and he made it sound like he was the one  
> that was
> forced to attend. He, of course, stayed his bid. The second bidder  
> would not
> advance and dropped out. The third never answered the phone. The  
> fourth was
> a
> guy who really wanted the house and spent considerable time in my  
> house
> looking
> through everything. He told me upfront during the inspection that he
> couldn't
> afford a house where the high bid was, but that his mother could  
> definitely
> buy
> into it. Well, anyway, he dropped out, too. So I go back to the  
> first guy,
> and
> I tell it to him straight: "You are the top bidder, but to be  
> honest, I
> don't
> believe the bank will accept this price. Are you willing to  
> negotiate a
> price
> with the bank so that you can make the purchase?" His response:  
> "No." That's
> it. Just "No." So after a silent two or three seconds, I said, "OK,  
> well, I
> guess this bidding did not work out as I had hoped, and I'll have to  
> find
> another way of selling this house. Thank you so much for  
> participating." And
> that was that.
>
> You can say that my home is probably worth well below what I believe  
> it to
> be
> worth, but that's not even the point. The book says that if I have  
> priced
> the
> home with a low enough magic number, then I should get 25 responses by
> Friday
> and the two or three serious buyers will surely be in the mix during  
> my
> inspection. I got 31 responses by Friday, which says that my price  
> point is
> correct - and it also says that the value of my home, at the very  
> least,
> should
> be around $50,000. I didn't have a single serious buyer. Even if you  
> counted
> my high bidder as a serious buyer, no one in their right mind can  
> look at my
> house and say, "Yeah, $40,000 is about right for that house." I'm  
> not saying
> this in denial, folks - the response to my initial price point  
> proves this.
>
> I hate to prejudge people (so I guess I will), but it seemed to me  
> that my
> sale
> attracted two types of people: the investors who wanted to get a  
> steal to
> flip,
> and those that saw the initial price and hoped beyond hope that they  
> were
> going
> to get a great deal for a great house, though they probably wouldn't  
> be able
> to
> afford anything much beyond $25,000. I got all kinds of stories  
> during the
> inspection. "Well, we were living in a trailer and you wouldn't  
> believe that
> the landlord kicked us out and now we're in a two-bedroom apartment  
> and the
> landlord is trying to get us out again so then we saw your ad...";  
> "You
> know,
> I'm looking for something to do, a fixer-upper, maybe make some  
> money. I'm
> currently unemployed, see..."
>
> I'm not sure why this system failed. All I know is that it did fail,  
> plain
> and
> simple. My case is one which proves that you CANNOT use this system  
> in any
> time
> and in any place, whether buyer's or seller's market. It proves that  
> you
> WILL
> NOT consistently get the high end of what the market will support on  
> that
> particular day when you follow the book. Maybe you could counter by  
> saying,
> "Well, there just wasn't a market for your home on that particular  
> day."
>
> Stop lying to yourself, folks. I had up until today, and I'm no  
> better for
> it.
>
> -Korge
>
>
>
>
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum


_______________________________________________
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5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum





_______________________________________________
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http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
 		 	   		  
_________________________________________________________________
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From tomhoffman at live.com  Mon Jul 26 20:21:51 2010
From: tomhoffman at live.com (Tom Hoffman)
Date: Mon, 26 Jul 2010 18:21:51 -0600
Subject: [5-DayForum] signage
In-Reply-To: <344970429.489202.1280178180208.JavaMail.root@sz0169a.westchester.pa.mail.comcast.net>
References: <BLU135-W33DB8712EBA6B755F80ECB0BF0@phx.gbl>,
	<344970429.489202.1280178180208.JavaMail.root@sz0169a.westchester.pa.mail.comcast.net>
Message-ID: <BLU135-W19DF5BD0886E62AC6F4480B0A70@phx.gbl>


Sorry Chris, but the law will not allow us to talk fees. They call that price fixing.

Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 


Date: Mon, 26 Jul 2010 21:03:00 +0000
From: getfitdna at comcast.net
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: Re: [5-DayForum] signage





Tom,

 

I would like to know how you and other realtors  on this forum determaine what to charge for helping run a 5 day sale. I managed to sell one house using this method. My realtor friend wants to help me run my next 5 day sale. He will be a very useful extra body. But I will be the one with the knowledge on this first one. How would I compensate him for helping? How would I compesate him for running future sales? This one will start at $34,500. I will take $65,000. I hope to get $70,000. The house should appraise around $95,000. Sales are VERY slow in our small town in North Florida right now.

 

Thanks,

Chris

904-382-6234
----- Original Message -----
From: "Tom Hoffman" <tomhoffman at live.com>
To: "How To Sell Your Home in 5-Days" <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Monday, July 19, 2010 9:30:53 AM
Subject: Re: [5-DayForum] signage



Hi Liz, You could be right. I would suggest you test them in your area. Place different phone numbers on each-professional and unprofessional signs- and see which one gets the most calls. 
It has been my experience that the handwritten ones get more attention because they ARE different than all the professional signs. People have less fear of calling because they don't think they will be a talking to a professional sales person. Another reason is the expense. I can place 2-3 times more sgns for the same money as having the professional ones.
Run your test and let us know how it works.
Thanks,
Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 
> Date: Sun, 18 Jul 2010 21:36:48 -0500
> From: lbresnan at verizon.net
> To: 5-dayforum at mailman.howtosellyourhomein5days.com
> Subject: Re: [5-DayForum] signage
> 
> Hi Tom,
> why do you think the hand written ones work better? I always think they look so 
> unprofessional?
> thanks
> Liza
> 
> 
> 
> 
> Liza Bresnan
> Arbonne International
> 484-433-9949
> 
> Jul 18, 2010 10:08:05 PM, 5-dayforum at mailman.howtosellyourhomein5days.com wrote:
> 
> ===========================================
> 
> 
> 
> 
> 
> 
> Hi Steve, there is no mention in the book of these sites because they are 
> >not associated with the book and personally I have found the handwritten signs to 
> >be most productive. If you are planning on doing numerous sales you could check 
> >with a local printer as I am certain they could use the business.
> >
> >Tom Hoffman-Broker/Owner
> >Top Priority Realty, LLC
> >720-540-7800
> >720-540-7876 fax
> >
> >
> >
> > 
> >
> 
> From: accumen at prairieinet.net
> >To: 5-dayforum at howtosellyourhomein5days.com
> >Date: Sat, 17 Jul 2010 15:34:59 -0500
> >Subject: [5-DayForum] signage
> >
> >
> 
> 
> 
> 
> Hello
> 
> 
>  
> 
> 
> I was doing internet search about 5 day sale and found a 
> >number of sites that sell signage kits.  There is no mention of theses  on this 
> >site or in the book.  Is this material above and beyond what you provide?  Are this 
> >other sites linked to you?
> 
> 
>  
> 
> 
> I am very interested in trying-doing a 5-day sale as an investor 
> >plus as a property owner.
> 
> 
>  
> 
> 
> Thanks
> 
> 
> Steve
> 
> 
>  
> 
> 
>  
> 
> >The New Busy is not the old busy. Search, chat and e-mail from your inbox. 
> >
> >target="_blank">Get started.
> 
> 
> >
> >_______________________________________________
> >5-DayForum mailing list
> >
> >target="_blank">5-DayForum at mailman.howtosellyourhomein5days.com
> >
> >class="parsedLink" target="_blank">http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
> >
> 
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum








The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. Get busy. 
_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum

 		 	   		  
_________________________________________________________________
Hotmail is redefining busy with tools for the New Busy. Get more from your inbox.
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From damian_colden at yahoo.com  Tue Jul 27 10:30:21 2010
From: damian_colden at yahoo.com (Damian Colden)
Date: Tue, 27 Jul 2010 07:30:21 -0700 (PDT)
Subject: [5-DayForum] signage
In-Reply-To: <BLU135-W19DF5BD0886E62AC6F4480B0A70@phx.gbl>
References: <BLU135-W33DB8712EBA6B755F80ECB0BF0@phx.gbl>,
	<344970429.489202.1280178180208.JavaMail.root@sz0169a.westchester.pa.mail.comcast.net>
	<BLU135-W19DF5BD0886E62AC6F4480B0A70@phx.gbl>
Message-ID: <498488.80372.qm@web53106.mail.re2.yahoo.com>

Chris - 

If you want to know fees, you will need to call those of us on the list to 
discuss it as a private matter.

 Dac Colden
Investor/Realtor
810-540-0054
810-584-0043 fax




________________________________
From: Tom Hoffman <tomhoffman at live.com>
To: How To Sell Your Home in 5-Days 
<5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Mon, July 26, 2010 8:21:51 PM
Subject: Re: [5-DayForum] signage

 Sorry Chris, but the law will not allow us to talk fees. They call that price 
fixing.

Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 
________________________________
 Date: Mon, 26 Jul 2010 21:03:00 +0000
From: getfitdna at comcast.net
To: 5-dayforum at mailman.howtosellyourhomein5days.com
Subject: Re: [5-DayForum] signage

 
Tom,
 
I would like to know how you and other realtors  on this forum determaine what 
to charge for helping run a 5 day sale. I managed to sell one house using this 
method. My realtor friend wants to help me run my next 5 day sale. He will be a 
very useful extra body. But I will be the one with the knowledge on this first 
one. How would I compensate him for helping? How would I compesate him for 
running future sales? This one will start at $34,500. I will take $65,000. I 
hope to get $70,000. The house should appraise around $95,000. Sales are VERY 
slow in our small town in North Florida right now.
 
Thanks,
Chris
904-382-6234
----- Original Message -----
From: "Tom Hoffman" <tomhoffman at live.com>
To: "How To Sell Your Home in 5-Days" 
<5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Monday, July 19, 2010 9:30:53 AM
Subject: Re: [5-DayForum] signage

 Hi Liz, You could be right. I would suggest you test them in your area. Place 
different phone numbers on each-professional and unprofessional signs- and see 
which one gets the most calls. 

It has been my experience that the handwritten ones get more attention because 
they ARE different than all the professional signs. People have less fear of 
calling because they don't think they will be a talking to a professional sales 
person. Another reason is the expense. I can place 2-3 times more sgns for the 
same money as having the professional ones.
Run your test and let us know how it works.
Thanks,
Tom Hoffman-Broker/Owner
Top Priority Realty, LLC
720-540-7800
720-540-7876 fax



 
> Date: Sun, 18 Jul 2010 21:36:48 -0500
> From: lbresnan at verizon.net
> To: 5-dayforum at mailman.howtosellyourhomein5days.com
> Subject: Re: [5-DayForum] signage
> 
> Hi Tom,
> why do you think the hand written ones work better? I always think they look so 
>
> unprofessional?
> thanks
> Liza
> 
> 
> 
> 
> Liza Bresnan
> Arbonne International
> 484-433-9949
> 
> Jul 18, 2010 10:08:05 PM, 5-dayforum at mailman.howtosellyourhomein5days.com 
>wrote:
> 
> ===========================================
> 
> 
> 
> 
> 
> 
> Hi Steve, there is no mention in the book of these sites because they are 
> >not associated with the book and personally I have found the handwritten signs 
>to 
>
> >be most productive. If you are planning on doing numerous sales you could 
>check 
>
> >with a local printer as I am certain they could use the business.
> >
> >Tom Hoffman-Broker/Owner
> >Top Priority Realty, LLC
> >720-540-7800
> >720-540-7876 fax
> >
> >
> >
> > 
> >
> 
> From: accumen at prairieinet.net
> >To: 5-dayforum at howtosellyourhomein5days.com
> >Date: Sat, 17 Jul 2010 15:34:59 -0500
> >Subject: [5-DayForum] signage
> >
> >
> 
> 
> 
> 
> Hello
> 
> 
>  
> 
> 
> I was doing internet search about 5 day sale and found a 
> >number of sites that sell signage kits.  There is no mention of theses  on 
>this 
>
> >site or in the book.  Is this material above and beyond what you provide?  Are 
>this 
>
> >other sites linked to you?
> 
> 
>  
> 
> 
> I am very interested in trying-doing a 5-day sale as an investor 
> >plus as a property owner.
> 
> 
>  
> 
> 
> Thanks
> 
> 
> Steve
> 
> 
>  
> 
> 
>  
> 
> >The New Busy is not the old busy. Search, chat and e-mail from your inbox. 
> >
> >target="_blank">Get started.
> 
> 
> >
> >_______________________________________________
> >5-DayForum mailing list
> >
> >target="_blank">5-DayForum at mailman.howtosellyourhomein5days.com
> >
> >class="parsedLink" 
>target="_blank">http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum
>
> >
> 
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum


________________________________
 

The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. 
Get busy. 

_______________________________________________
5-DayForum mailing list
5-DayForum at mailman.howtosellyourhomein5days.com
http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum


________________________________
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inbox. See how.


      
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From moncheri_davenport at yahoo.com  Mon Jul 26 08:54:00 2010
From: moncheri_davenport at yahoo.com (Mon Cheri Davenport)
Date: Mon, 26 Jul 2010 05:54:00 -0700 (PDT)
Subject: [5-DayForum] pending result of 5 day sale
Message-ID: <533263.75372.qm@web110013.mail.gq1.yahoo.com>

Hi,
I ran a five day sale ending this Sunday July 25, and this is?my results. I'm 
located in Northern Virginia, price was listed at 274,500, we had at least 100 
families show up. ~49 interested bidders, after last night call, still pending 
till this morning, the high bid price is only 367,000? with 3 interested buyer 
left.??However my judgement is that these buyers really want the property, but 
honestly can not afford it.?Too must hesitation?at this price,?plus?one told me 
they were approved for 400,000 last year,?not good enough. 


?Beause of this list price I attracted buyers that could not afford the home. 
Most informed me that my home was their dream home.?I'm thinking, because our 
market is large, buyers whom could afford the property, didn't show up, as they 
probably narrowed their search?to their target price range.??

Side not: left messages with at least 20 interested buyers last evening, some 
with asking price bids, but because they didn't answer, I'll assume they were 
truely interested.

Mon Cheri


      
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From agantt at eng.hctx.net  Fri Jul 30 15:07:28 2010
From: agantt at eng.hctx.net (Gantt, Amier (Engineering))
Date: Fri, 30 Jul 2010 19:07:28 +0000
Subject: [5-DayForum] Success stories
Message-ID: <A0D3F9050A69C9489BDBE5CA25F0CE2B069069@PIDAMAIL.hcpid.net>

Hello,

I am looking over these posts and I do not see success stories.
If anybody has any success stories about their experience with 5-day sales I would like to hear them.
Particularly those with success in the state of Texas and it's capitol Austin.
Please describe in detail your experiences.
I need to sell my rental property in East Austin.

Thanks

Varrelman
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