Anonymous wrote:I do it because I'll never make enough money to buy a home but I still like to look.
Anonymous wrote:Anonymous wrote:For people waiting for price to drop, why? Why not just put in an offer for the price you're willing to pay? If a house has been sitting, it's not like you'll have competitors, and the seller would be more likely to consider your offer.
Because I want the sellers to feel really desperate and I want to know that it’s actually within reach without insulting them. Our house was originally listed for $550k and dropped to $530k and then to $520k. When we saw the $520k (yes, because we favorited on Redfin) price we jumped to to see it and I decided I wasn’t paying a penny over $500k for it. Guess what, at that point the house had been on the market for almost 2 months and they were extremely annoyed but we were the only solid offer they had. Had we offered $500k at the $550k or even $530k price point it wouldn’t have been taken seriously.
Anonymous wrote:I like to favorite homes that are similar to ones I'm looking at. So that way I know what they sell for (how much less or over the price).
Now that I bought a house, I favorite ones in my neighborhood to see the sale price to compare it to mine.
Anonymous wrote:They like the paint, decor, layout etc. home renovation ideas
Anonymous wrote:I have a TON of favorites on Redfin. I live in an up-an-coming DC neighborhood, so as soon as a house goes on the market, I favorite it so I get a notification when it sells. Often I'll favorite things that are WAYYYYY overpriced for the same reason.
If a dilapidated / abandoned house goes on the market and I've favorited it, I get a notification when it sells, and then I get another notification a few months later when it's flipped and back on the market for 3x the price. It feels good knowing my area is doing well and prices have increased substantially just in the last 18 months.
Anonymous wrote:So, like many on this board, we are trying to sell in the slow market. Our home has been saved as a favorite by dozens of people but we're not getting much traffic. I realize neighbors might be saving the listing to watch for their own interest, but what about others? Waiting for the price to drop?
I.need.to.stop.looking.
Anonymous wrote:I favorite to see what it sells for.