Anonymous wrote:The road construction is a reality, you can't put a spin on that. It sounds like you're clashing with the realtors because they are being honest and practical, which is what you need most in a good realtor.

We have a lovely realtor who was an absolute delight to deal with and we've worked with her on and off for about 6 years. But I would never put her name out there, especially to someone who is going through lots of realtors because I'd be worried about what I was letting her in for.

This. Realtors deserve to deal with sane people as well. OP falls into the "special" category.

The road construction is a reality, you can't put a spin on that. It sounds like you're clashing with the realtors because they are being honest and practical, which is what you need most in a good realtor.

We have a lovely realtor who was an absolute delight to deal with and we've worked with her on and off for about 6 years. But I would never put her name out there, especially to someone who is going through lots of realtors because I'd be worried about what I was letting her in for.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it's a big road expansion that means there will be more traffic right behind you & more noise/pollution. Even once construction ends I'd view those as negatives compared to houses NOT directly backing to that type of road.

This. Despite the convenience, it's a (major) negative for most to back to a large road.

Not for most people. Most nicer neighborhoods are close to major roads.

The point is that the houses directly backing to those major roads are still worth less than those a few blocks away.

Anonymous wrote:Do you need to sell right now? It sounds like you have a location problem (any nearby construction makes it a location problem, I think). You don't like what the realtors are telling you, but it's probably true. The location of your house --right now-- is undesirable, and lesser locations need to sell for lower prices.

If it's a temporary location problem, like this construction seems to be, (although did you say two YEARS?), then there are some buyers who will take the chance. It's sort of like buying into a gentrifying area. But again -- those properties sell for lower prices than other neighborhoods.

But if you don't need to sell right now, then just wait until the construction is over and all the good results are apparent, and then you will get top dollar.

+1

OP, I would wait until the construction ends, because if there is any construction noise, it might deter a buyer. Once the construction is completed, it should be fine.
YOU notice the construction, because it is new to you. A buyer will come from a different point of reference, and the road will be a of no importance. There is a poster who likes to dwell on this very topic, however.

Anonymous wrote:

Anonymous wrote:If it's a big road expansion that means there will be more traffic right behind you & more noise/pollution. Even once construction ends I'd view those as negatives compared to houses NOT directly backing to that type of road.

This. Despite the convenience, it's a (major) negative for most to back to a large road.

Not for most people. Most nicer neighborhoods are close to major roads.

Do you need to sell right now? It sounds like you have a location problem (any nearby construction makes it a location problem, I think). You don't like what the realtors are telling you, but it's probably true. The location of your house --right now-- is undesirable, and lesser locations need to sell for lower prices.

If it's a temporary location problem, like this construction seems to be, (although did you say two YEARS?), then there are some buyers who will take the chance. It's sort of like buying into a gentrifying area. But again -- those properties sell for lower prices than other neighborhoods.

But if you don't need to sell right now, then just wait until the construction is over and all the good results are apparent, and then you will get top dollar.

Anonymous wrote:

Anonymous wrote:Why not wait until the construction is over? Why do you think several professionals are wrong but you are right? Real estate is about location: your home may be beautiful but its location does not warrant the price you think it does.

You are missing the point (and let me guess, you are one of the "professionals"....nice try.). It is hard to find "professional" real estate agents in this area. We had two at the house yesterday, from highly reputable firms, that spent their time bragging about their ability to present and sell but both high quality brochures they provided as samples had layout errors, spelling errors, and just general poor marketing overall. Other realtors have come to our home with repeated errors throughout paperwork, inability to articulate a sound marketing strategy, etc. As I mentioned in my original post, we are quite aware of the appropriate price due to comps in our neighborhood.

I strongly suggest that you sell your home yourself as you seem to know everything.

Have you considered:

Use a flat fee agent to list your home on the MLS ($300: $100 for listing + $200 for photos). Offer 4.5% buyer agent commission. You'll find that some buyer agents will work a lot harder to sell your home.

Anonymous wrote:If it's a big road expansion that means there will be more traffic right behind you & more noise/pollution. Even once construction ends I'd view those as negatives compared to houses NOT directly backing to that type of road.

This. Despite the convenience, it's a (major) negative for most to back to a large road.

If it's a big road expansion that means there will be more traffic right behind you & more noise/pollution. Even once construction ends I'd view those as negatives compared to houses NOT directly backing to that type of road.

Anonymous wrote:

Anonymous wrote:Why not wait until the construction is over? Why do you think several professionals are wrong but you are right? Real estate is about location: your home may be beautiful but its location does not warrant the price you think it does.

You are missing the point (and let me guess, you are one of the "professionals"....nice try.). It is hard to find "professional" real estate agents in this area. We had two at the house yesterday, from highly reputable firms, that spent their time bragging about their ability to present and sell but both high quality brochures they provided as samples had layout errors, spelling errors, and just general poor marketing overall. Other realtors have come to our home with repeated errors throughout paperwork, inability to articulate a sound marketing strategy, etc. As I mentioned in my original post, we are quite aware of the appropriate price due to comps in our neighborhood.

PP here. You guessed wrong--I am not a realtor at all. I just play one on DCUM when I am procrastinating at work When I was selling in another state and the realtor told us we should lower our price, we didn't take her advice and we got the price we thought we deserved. But that doesn't mean the realtor was a bad one. You set the parameters at the end of the day.

If your house is in a covetable area you may not need a price drop. Maybe it's not as covetable as you think?

Anonymous wrote:Why not wait until the construction is over? Why do you think several professionals are wrong but you are right? Real estate is about location: your home may be beautiful but its location does not warrant the price you think it does.

You are missing the point (and let me guess, you are one of the "professionals"....nice try.). It is hard to find "professional" real estate agents in this area. We had two at the house yesterday, from highly reputable firms, that spent their time bragging about their ability to present and sell but both high quality brochures they provided as samples had layout errors, spelling errors, and just general poor marketing overall. Other realtors have come to our home with repeated errors throughout paperwork, inability to articulate a sound marketing strategy, etc. As I mentioned in my original post, we are quite aware of the appropriate price due to comps in our neighborhood.

OP. that is only your opinion that the road expansion behind your Hime will great,y increase the value of your when complete. Why not price your home as others are in the area with a small discount and give buyers and agents a brief outline describing the positive effects of the road

That will then show if your position resonates with the marketplace. Yiu will also know if it is buyers who are resisting or simply agents.

Why not wait until the construction is over? Why do you think several professionals are wrong but you are right? Real estate is about location: your home may be beautiful but its location does not warrant the price you think it does.

We are exhausted dealing with the typical area realtor who lacks business acumen and quite frankly, is only in the business because it is easy money in this area. We are in a situation where we have a home that is perfectly staged, great shape, etc, (and we have heard this from several realtors and consumers) however......we are currently dealing with a short-term road expansion behind us. Ultimately, this road expansion is going to be great for neighborhood convenience and will ultimately increase the privacy of our home once all construction is completed. It will increase the value of our home significantly (i.e. within the next two years) and we are looking for a realtor who can market that rather than just suggesting we should lower our home to way below market value in order to sell it quickly (and they still come out with a hefty commission). We agree that our home price should be reduced a bit due to the inconvenience of the expansion, but we have realtors suggesting huge drops that take us way below comps. Has anyone been in a similar situation? We have had several realtors in our home as well as potential buyers. Everyone who has been in the home raves about it......gorgeous, perfectly staged, will sell really quickly......you name it, we have heard it. The only concern is the road construction behind our backyard.

Welcome any recommendations along with a brief description of the situation this person dealt with leading to your recommendation.