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Palebride
I am an amazing bakist
Member since 5/05 13673 total posts
Name:
Lori
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If you've sold a house/condo/co-op.....
....how did the amount you sold for compare to what you were asking?
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Posted 2/21/06 3:57 PM  |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: If you've sold a house/condo/co-op.....
On the two co-ops I sold... I got more than I expected on getting.... a LOT more actually. 
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| Posted 2/21/06 4:07 PM |
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Palebride
I am an amazing bakist
Member since 5/05 13673 total posts
Name:
Lori
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Re: If you've sold a house/condo/co-op.....
I'm getting a little annoyed becuase I thought we prced our co-op pretty fairly....and so far the two offers we got were waaaay below what we're asking 
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| Posted 2/21/06 4:13 PM |
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Nik09
LIF Adult
Member since 5/05 1982 total posts
Name:
Nikole
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Re: If you've sold a house/condo/co-op.....
We got asking price and multiple bids at the asking price. This of course now makes us think we should have asked for more 
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| Posted 2/21/06 4:14 PM |
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Nik09
LIF Adult
Member since 5/05 1982 total posts
Name:
Nikole
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Re: If you've sold a house/condo/co-op.....
Posted by Palebride
I'm getting a little annoyed becuase I thought we prced our co-op pretty fairly....and so far the two offers we got were waaaay below what we're asking
I think people feel like they are getting a deal if they get the house below asking AND I think people feel like the asking price is not really what the seller is willing to sell for. Why not tell the buyers that if they bump it up to X then it's theirs. This way you don't have to do all the back and forth. If they want the house they'll push up their offer. Good luck!
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| Posted 2/21/06 4:17 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: If you've sold a house/condo/co-op.....
Posted by Palebride
I'm getting a little annoyed becuase I thought we prced our co-op pretty fairly....and so far the two offers we got were waaaay below what we're asking
You have to find out what other co-ops SOLD for in that area. If they sold for the price you are asking... then wait it out.
Now if they are simply being listed at the same price... you have to see. Everyone might be listing too high right now.
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| Posted 2/21/06 4:19 PM |
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Palebride
I am an amazing bakist
Member since 5/05 13673 total posts
Name:
Lori
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Re: If you've sold a house/condo/co-op.....
Posted by DjPiLL
You have to find out what other co-ops SOLD for in that area. If they sold for the price you are asking... then wait it out.
We're asking around the same amount others have sold for recently.....maybe we just have to wait it out
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| Posted 2/21/06 4:22 PM |
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karacg
Babygirl is 4!
Member since 5/05 17076 total posts
Name:
Kara®
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Re: If you've sold a house/condo/co-op.....
I sold my co-op for the price I asked.... but I raised the price every time a sale fell through.
Good luck!!
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| Posted 2/21/06 4:49 PM |
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november12003
Love my boys...
Member since 5/05 2412 total posts
Name:
Jenn
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Re: If you've sold a house/condo/co-op.....
We started our co-op at $219K...got a couple of low offers, didn't want to accept any, but were willing to drop the price to $209K. We got an offer, but they ended up backing out. Once that happened, people started offering like $175-$185K and I was like, I don't think so. We held out and ended up getting $209K. The process did take us a couple of months though.
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| Posted 2/21/06 4:56 PM |
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MsG
Should be working
Member since 5/05 2824 total posts
Name:
G
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Re: If you've sold a house/condo/co-op.....
I don't think you are asking too much at all! I think it's totally fair. I'd wait it out.
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| Posted 2/21/06 5:03 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: If you've sold a house/condo/co-op.....
Posted by Palebride
Posted by DjPiLL
You have to find out what other co-ops SOLD for in that area. If they sold for the price you are asking... then wait it out.
We're asking around the same amount others have sold for recently.....maybe we just have to wait it out
Didn't you list it with a realtor? They are supposed to know what the market is. They have access to all the recent sales so they should tell you what similar units recently sold for.
Maybe if they aren't marketing your property well enough... it might be time to find a new agent? 
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| Posted 2/21/06 5:06 PM |
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Palebride
I am an amazing bakist
Member since 5/05 13673 total posts
Name:
Lori
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Re: If you've sold a house/condo/co-op.....
I guess my next question should be - how long was your place on the market before you got an offer you would accept?
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| Posted 2/21/06 5:35 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: If you've sold a house/condo/co-op.....
Posted by Palebride
I guess my next question should be - how long was your place on the market before you got an offer you would accept?
I sold both my co-ops within the week of putting them on the market. Both co-ops had more than one offer.
But my situation was different. I was selling in what is perhaps the hottest area in queens for co-ops.
I don't think the market in Nassau is as hot for co-ops as Queens is.
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| Posted 2/21/06 5:40 PM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: If you've sold a house/condo/co-op.....
asking price 250K
we wanted 240K
got 240K
Message edited 2/21/2006 6:49:39 PM.
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| Posted 2/21/06 6:49 PM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: If you've sold a house/condo/co-op.....
Posted by Palebride
Posted by DjPiLL
You have to find out what other co-ops SOLD for in that area. If they sold for the price you are asking... then wait it out.
We're asking around the same amount others have sold for recently.....maybe we just have to wait it out
If i were you i certainly would wait it out.
Unless you are in a rush....
IMO i wouldn't jump too quick...
My first offer was for 230....got nervous but held my ground and got what i felt it was worth!
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| Posted 2/21/06 6:52 PM |
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Palebride
I am an amazing bakist
Member since 5/05 13673 total posts
Name:
Lori
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Re: If you've sold a house/condo/co-op.....
Posted by Redhead
If i were you i certainly would wait it out.
Unless you are in a rush....
IMO i wouldn't jump too quick...
My first offer was for 230....got nervous but held my ground and got what i felt it was worth!
thanks!
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| Posted 2/21/06 6:59 PM |
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Re: If you've sold a house/condo/co-op.....
We got our asking price
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| Posted 2/21/06 7:14 PM |
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sasha96
lovin' my 2 little ladies!
Member since 5/05 7401 total posts
Name:
Julianne
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Re: If you've sold a house/condo/co-op.....
We got $10k over what we were expecting and had it sold in a day (though we had an open house scheduled and held it anyway). We had a townhouse.
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| Posted 2/21/06 7:25 PM |
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christy
Mommy of 2
Member since 5/05 6787 total posts
Name:
Christy
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Re: If you've sold a house/condo/co-op.....
I think if you wait it out you will get what you are asking...
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| Posted 2/22/06 9:08 AM |
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Eleanor
LIF Adult
Member since 2/06 2223 total posts
Name:
Ellie
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Re: If you've sold a house/condo/co-op.....
we listed it $5K more than a similar unit that sold and we had done some upgrading, but we listed it when the market started cooling off, we ended up getting $16K less than what we first listed it for. $1K less than our adjusted price. That was $5K more than another similar unit that had sold (but no upgrades - old kitch, etc)
BUT, I was snooping to see what others are listed at now and they are listed at $30K LESS than what we got! So I am happy we got what we got.
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| Posted 2/23/06 9:29 AM |
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