Question for Realtors/Seller who yanked a house to wait for Spring

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The house isn't vacant. What are you talking about?

OP is under contract on their new house. Presuming they move into their new house, their old house will be vacant. Or a rental. Both which make it slightly harder to sell/insure.

Also, it's cute the OP doesn't care that Zillow shows the stale listing, it's so nostalgic!

I am the OP and I didn't say I didn't care - I said I am not too worried. I have seen Zillow listing where houses are delisted and related. I do not presume to know why the house was delisted and relisted, especially if a chunk of time has gone by. In fact, the house I purchased was delisted and relisted. It went in 5 days with 4 offers this time around. Price is the same and house is now vacant. Seller apparently had a long distance move and decided to delist and get the move over with and relist after. I only know that after the fact, as the buyer.

Again, I realize there are pros and cons. I realize that there is a chance I will not get as much in the Spring (and I will not actually try to raise my price in the Spring). I am just wondering if people have done this and if it was better than letting the house sit over the winter. Considering the house has been on for only 3 days, this may never come to pass. I am a planner and it comforts me to think ahead. Some of you are reading way too much into this.

We're reading to much into this? You've only been on the market for 3 days!

It's the height of rudeness that you are now considering pulling your house off the market after 3 days -- talk about wasting the time and money of an agent.

Well they listed in October, so I'm sure agent knew they didn't have their act together.

Are you all reading my posts? I didnt say I was going to yank after 3 days. I said I was going to might yank in 4 weeks when the market comes to a halt. And how did I not have my act together with listing? Because my dream house came on the market during a time when we were looking? We listed 5 days after we went under contract on our new house.

Yanking after 4 weeks is pretty poor form too, agent does a bunch of work and then you walk.

You should have sold first and then rent backed or moved to a rental, you would have sold and made more money above rental costs by selling in spring.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The house isn't vacant. What are you talking about?

OP is under contract on their new house. Presuming they move into their new house, their old house will be vacant. Or a rental. Both which make it slightly harder to sell/insure.

Also, it's cute the OP doesn't care that Zillow shows the stale listing, it's so nostalgic!

I am the OP and I didn't say I didn't care - I said I am not too worried. I have seen Zillow listing where houses are delisted and related. I do not presume to know why the house was delisted and relisted, especially if a chunk of time has gone by. In fact, the house I purchased was delisted and relisted. It went in 5 days with 4 offers this time around. Price is the same and house is now vacant. Seller apparently had a long distance move and decided to delist and get the move over with and relist after. I only know that after the fact, as the buyer.

Again, I realize there are pros and cons. I realize that there is a chance I will not get as much in the Spring (and I will not actually try to raise my price in the Spring). I am just wondering if people have done this and if it was better than letting the house sit over the winter. Considering the house has been on for only 3 days, this may never come to pass. I am a planner and it comforts me to think ahead. Some of you are reading way too much into this.

We're reading to much into this? You've only been on the market for 3 days!

It's the height of rudeness that you are now considering pulling your house off the market after 3 days -- talk about wasting the time and money of an agent.

Well they listed in October, so I'm sure agent knew they didn't have their act together.

Are you all reading my posts? I didnt say I was going to yank after 3 days. I said I was going to might yank in 4 weeks when the market comes to a halt. And how did I not have my act together with listing? Because my dream house came on the market during a time when we were looking? We listed 5 days after we went under contract on our new house.

Yanking after 4 weeks is pretty poor form too, agent does a bunch of work and then you walk.

You should have sold first and then rent backed or moved to a rental, you would have sold and made more money above rental costs by selling in spring.

Ok, but I didn't. How is that helpful now? My agent is one of the people who suggested yanking and relisting in the Spring if we are concerned about the winter.

[Anonymous]

OP: Don't worry about it. Do what suits you.

[Anonymous]

Keep it listed until Thanksgiving. If it doesn't sell, yank it from the market and re-list in the spring for the same price as when you yanked it off the market.

This is rocket science, folks. And no, it probably won't sell for $10K more in the spring if you don't get an asking offer now. Serious buyers are still out there, if the price is right.

[Anonymous]

We've been on the market for nearly 40 days and have not had a showing in almost a week. Thinking about delisting and trying again in early Spring.

What do the folks around here think about that?

[Anonymous]

11:07 PP here-I should mention that one of our motivations for doing so is that we are expecting #2 over the winter.

[Anonymous]

Anonymous wrote:11:07 PP here-I should mention that one of our motivations for doing so is that we are expecting #2 over the winter.

Have you closed on a new house, and definitely moving within next 6 months? Then you probably should keep listing and see if you can snag a buyer. Just like OP. If you can delist and list in spring, but if you really don't have to sell and could delist again for a year or two then go ahead an delist and see how market does.

[Anonymous]

Anonymous wrote:

Anonymous wrote:11:07 PP here-I should mention that one of our motivations for doing so is that we are expecting #2 over the winter.

Have you closed on a new house, and definitely moving within next 6 months? Then you probably should keep listing and see if you can snag a buyer. Just like OP. If you can delist and list in spring, but if you really don't have to sell and could delist again for a year or two then go ahead an delist and see how market does.

We have our eye on a house that has been on the market but the sellers (a builder) were not taking contingent offers. We would rather sell in the next 6-9 months if possible while interest rates are low.

[Anonymous]

OP (or anyone else about to own 2 houses), I think you need to look at the big picture. Unless you want to rent it or keep it as a vacation home, you need to sell House #1.

A few years ago, we also thought we were in the enviable position of being able to buy House #2 before selling #1. We thought, how great! We'll do renovations at #2 while continuing to live in #1, and then list #1 after we move, to avoid all that home-selling hassle.

Well. First, the reno took much longer than expected. At some point in there, we realized we had to get House #1 on the market anyway. However, a neighbor at House #1 (with the exact same model), got a job in South Carolina and had to sell ASAP. He listed 1 week before us, about $25k below what we planned. We had to match his price, otherwise we had no chance.

We ended up owning both houses for 8 months. OP (or anyone else about to own 2 houses), imagine something breaking in the now-vacant House #1 that you really need to sell, while you are financially stretched way more than you anticipated.

Never ever ever again.

[Anonymous]

First, I'm like you-and I would be thinking ahead. But, I think it is too soon to know whether or not you will even find yourself in this situation.

If you delist, I highly doubt that you would get any more $ than you would now.

Remember that there are more buyers in the spring, but there are also a lot more sellers. If your house isn't "hot" now (which I think it is too early to tell) it probably won't be in the Spring either when there is more competition.