Vienna house - why so low?

[Anonymous]

Anonymous wrote:For all the chatter on this house, it’s still available. Anyone know why it’s sitting? (Any truth to the murder theory?)

This was posted on a Facebook group. Looks like the realtor underpriced the property too much and he isn’t getting a bidding war as he hoped. $100k over list is still under the tax assessed value.

[Anonymous]

Mind sharing which Facebook group?

[Anonymous]

Anonymous wrote:

Anonymous wrote:For all the chatter on this house, it’s still available. Anyone know why it’s sitting? (Any truth to the murder theory?)

This was posted on a Facebook group. Looks like the realtor underpriced the property too much and he isn’t getting a bidding war as he hoped. $100k over list is still under the tax assessed value.

Total outsider perspective, but the agent being the seller and then playing games, massively underpricing, not bothering with photos, etc., etc. make me think they aren't serious about selling. They just wanted to see what would happen.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For all the chatter on this house, it’s still available. Anyone know why it’s sitting? (Any truth to the murder theory?)

This was posted on a Facebook group. Looks like the realtor underpriced the property too much and he isn’t getting a bidding war as he hoped. $100k over list is still under the tax assessed value.

Total outsider perspective, but the agent being the seller and then playing games, massively underpricing, not bothering with photos, etc., etc. make me think they aren't serious about selling. They just wanted to see what would happen.

This

[Anonymous]

Anonymous wrote:

Anonymous wrote:For all the chatter on this house, it’s still available. Anyone know why it’s sitting? (Any truth to the murder theory?)

This was posted on a Facebook group. Looks like the realtor underpriced the property too much and he isn’t getting a bidding war as he hoped. $100k over list is still under the tax assessed value.

The seller basically marketed to the wrong buyer group being $200-300k under market. The buyers who would be in the market at the correct price either didn’t see it, assumed something major was wrong with the house, or didn’t want to deal with auction like shenanigans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For all the chatter on this house, it’s still available. Anyone know why it’s sitting? (Any truth to the murder theory?)

This was posted on a Facebook group. Looks like the realtor underpriced the property too much and he isn’t getting a bidding war as he hoped. $100k over list is still under the tax assessed value.

The seller basically marketed to the wrong buyer group being $200-300k under market. The buyers who would be in the market at the correct price either didn’t see it, assumed something major was wrong with the house, or didn’t want to deal with auction like shenanigans.

This is what I'm assuming as well. This house is worth at least 1.5m even if everything was original from when it was built. I don't think the seller/agent is getting the kind of offers he was looking for.

[Anonymous]

Agreed. It’s weird because the listing reads “this isn’t a joke - we really will sell at this price.” But they clearly won’t.

[Anonymous]

Anonymous wrote:Agreed. It’s weird because the listing reads “this isn’t a joke - we really will sell at this price.” But they clearly won’t.

If this were the case they would just sell to the highest bidder. It’s like a seller trying to back out on a no reserve auction because they didn’t get their price they were looking for.

[Anonymous]

I live in Vienna though I have never heard anything about a murder or suicide at that house and I cannot find anything googling either so I’m thinking someone’s just trolling with that comment?

[Anonymous]

ABSOLUTE BARGAIN ! UNBELIEVABLE PRICE! PRICED LOW AND FIRM FOR A PRE-APPROVED BUYER WHO WANTS A GREAT DEAL ON A SUPER HOME IN A GREAT AREA. HURRY! IT WON'T LAST LONG AT THIS LOW, LOW PRICE!

I'm so glad we're out of the market, I got so sick of having my time wasted by "sellers" (aspiring auctioneers might be a better word) doing this desperate crap. Price the house at what you want to get for it.

[Anonymous]

Tom Wartha is the owner/agent. Quick Google search reveals that this pretty much how he does business - I wouldn’t want to involve myself in a legal transaction with him.

[Anonymous]

Anonymous wrote: I live in Vienna though I have never heard anything about a murder or suicide at that house and I cannot find anything googling either so I’m thinking someone’s just trolling with that comment?

Agree

[Anonymous]

Anonymous wrote:Tom Wartha is the owner/agent. Quick Google search reveals that this pretty much how he does business - I wouldn’t want to involve myself in a legal transaction with him.

The listing reads like a scummy used car salesman wrote it. Add in the shady pricing games and this guy should not be trusted. God I hate salespeople like this.

[Anonymous]

This is why FSBOs don’t work, even worse if they’re owner-agents. Too close to the deal.

[Anonymous]

Anonymous wrote:This is why FSBOs don’t work, even worse if they’re owner-agents. Too close to the deal.

Depends on how rational you can be. I sold the first house my spouse and I ever owned. I priced it right based on comps, staged it right, had one open house and we had four offers I think (this wasn't in NoVa or in a crazy market). We had only owned it for about 18 months. I was happy with the $3k profit