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Real Estate
Reply to "My house isnt selling and I am an idiot"
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[quote=Anonymous][quote=Anonymous]Yes, you need to put it up for rent and try to sell in two years. You should have accepted that first offer, you should have known that was going to be it, but hindsight is 20/20.[/quote] It happens. It is hard to predict the price at which your house will clear especially in the DMV area where hundreds of thousands have lost their jobs. I turned down an offer received within the first 48 hours of listing that my realtor and I thought was too low and ended up having to cut its price later to sell it. And more recently, we went under contract with our home within 72 hours of listing, taking the best of several early offers that had come in not wanting to lose a good opportunity, but now feel like we perhaps could have gotten a higher price if we waited longer. So, don't beat yourself up OP. Analyze your finances, and either cut the price of the house or relist it as a long-term rental. [/quote]
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