Anonymous wrote:Anonymous wrote:hey OP, you're okay.... i would always sell first before buying. Worst come to worst you rent it out for a few months... But you have the money, you won't face foreclosure on two properties...The right house will come.
+1. Out in our area of Fairfax County, the market has not yet begun. There's only been a trickle of weak properties trying to beat the rush (some combo of ugly, on a bad lot, feeding to bad schools, crazy "updates," bad layout, poorly maintained, and ALWAYS overpriced). Per my agent and another I know socially, all of their clients, to a one, were planning to list after Easter. And almost all of them are planning to list in late April/early May because they don't want to have to move before the end of Fairfax public schools, which is super late this year thanks to Snowzilla.
Hang in there! The market is going to start this weekend and really pick up steam over the next several. We're impatient, too, and also in a tricky situation with housing (our lease ends soon), so I feel your pain.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I don't understand why you sold your house without some place to go?
You could have put a home contingency on offers you make on other houses or you could have made home-of-choice contingency in your selling contract.
Your agent must really suck.
Because people are not accepting contracts with contingencies so we have to sell first. Our realtor has been very optimistic that there are about to be many houses in the market so we followed his lead
And we do have someplace to go, just not our own house yet.
Your agent has served you poorly. Just wanted to push you to sell for the commission. You can buy houses with home contingencies.
PP This is DC Urban Moms not Iowa where no one wants to live Moms. It is rare to find a buyer in a sub $1 million price range in a decent inside the Beltway neighborhood who will take an offer contingent on the sale of a house. Maybe the settlement if the buyer's house is under contract, but not the sale.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I don't understand why you sold your house without some place to go?
You could have put a home contingency on offers you make on other houses or you could have made home-of-choice contingency in your selling contract.
Your agent must really suck.
Because people are not accepting contracts with contingencies so we have to sell first. Our realtor has been very optimistic that there are about to be many houses in the market so we followed his lead
And we do have someplace to go, just not our own house yet.
Your agent has served you poorly. Just wanted to push you to sell for the commission. You can buy houses with home contingencies.
PP This is DC Urban Moms not Iowa where no one wants to live Moms. It is rare to find a buyer in a sub $1 million price range in a decent inside the Beltway neighborhood who will take an offer contingent on the sale of a house. Maybe the settlement if the buyer's house is under contract, but not the sale.
It's really not that rare. NP.
It's pretty fucking rare if you want to live somewhere good instead of whitebread suburbia.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You can always put letters in the mailboxes of the neighborhoods you're targeting.
"Greetings! We're a family of four who loves this neighborhood and are hoping to buy a house here. If you have been planning or considering selling, please contact me at larla.jane@gmail.com to see if we can work something out. We may even save the 6% agents' fees."
Does this actually work?
I've thought about doing this it then I think I look like a stalker. Plus, in this market, wouldn't you rather take your chances with a bidding war than selling to some weird, stalker family?
(Sorry if I'm negative, I'm nervous)
It certainly can. I know some people who have initiated sales, both as buyers and sellers, in unconventional ways like this without realtors at mutually beneficial prices (basically, 3% lower price).
+1 we are selling to someone our neighbor got us in touch with. Our house never went in the market and we never had to stage it. Win win.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You can always put letters in the mailboxes of the neighborhoods you're targeting.
"Greetings! We're a family of four who loves this neighborhood and are hoping to buy a house here. If you have been planning or considering selling, please contact me at larla.jane@gmail.com to see if we can work something out. We may even save the 6% agents' fees."
Does this actually work?
I've thought about doing this it then I think I look like a stalker. Plus, in this market, wouldn't you rather take your chances with a bidding war than selling to some weird, stalker family?
(Sorry if I'm negative, I'm nervous)
Yes, always go with the open market if you're in a desirable market. But some older people don't want the fuss so might be willing to sell their dated shit shack to someone like this.
My neighbors (2) just sold to developers this way. It seems sellers prefer developers with cash in hand. Older people know their house is a knockdown - they don't care because they are likely leaving the area, anyway.
Anonymous wrote:hey OP, you're okay.... i would always sell first before buying. Worst come to worst you rent it out for a few months... But you have the money, you won't face foreclosure on two properties...The right house will come.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I don't understand why you sold your house without some place to go?
You could have put a home contingency on offers you make on other houses or you could have made home-of-choice contingency in your selling contract.
Your agent must really suck.
Because people are not accepting contracts with contingencies so we have to sell first. Our realtor has been very optimistic that there are about to be many houses in the market so we followed his lead
And we do have someplace to go, just not our own house yet.
Your agent has served you poorly. Just wanted to push you to sell for the commission. You can buy houses with home contingencies.
PP This is DC Urban Moms not Iowa where no one wants to live Moms. It is rare to find a buyer in a sub $1 million price range in a decent inside the Beltway neighborhood who will take an offer contingent on the sale of a house. Maybe the settlement if the buyer's house is under contract, but not the sale.
It's really not that rare. NP.
Anonymous wrote:Anonymous wrote:You can always put letters in the mailboxes of the neighborhoods you're targeting.
"Greetings! We're a family of four who loves this neighborhood and are hoping to buy a house here. If you have been planning or considering selling, please contact me at larla.jane@gmail.com to see if we can work something out. We may even save the 6% agents' fees."
Does this actually work?
I've thought about doing this it then I think I look like a stalker. Plus, in this market, wouldn't you rather take your chances with a bidding war than selling to some weird, stalker family?
(Sorry if I'm negative, I'm nervous)
OP, I don't understand why you sold your house without some place to go?
You could have put a home contingency on offers you make on other houses or you could have made home-of-choice contingency in your selling contract.
Your agent must really suck.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I don't understand why you sold your house without some place to go?
You could have put a home contingency on offers you make on other houses or you could have made home-of-choice contingency in your selling contract.
Your agent must really suck.
Because people are not accepting contracts with contingencies so we have to sell first. Our realtor has been very optimistic that there are about to be many houses in the market so we followed his lead
And we do have someplace to go, just not our own house yet.
Your agent has served you poorly. Just wanted to push you to sell for the commission. You can buy houses with home contingencies.
PP This is DC Urban Moms not Iowa where no one wants to live Moms. It is rare to find a buyer in a sub $1 million price range in a decent inside the Beltway neighborhood who will take an offer contingent on the sale of a house. Maybe the settlement if the buyer's house is under contract, but not the sale.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I don't understand why you sold your house without some place to go?
You could have put a home contingency on offers you make on other houses or you could have made home-of-choice contingency in your selling contract.
Your agent must really suck.
Because people are not accepting contracts with contingencies so we have to sell first. Our realtor has been very optimistic that there are about to be many houses in the market so we followed his lead
And we do have someplace to go, just not our own house yet.
Your agent has served you poorly. Just wanted to push you to sell for the commission. You can buy houses with home contingencies.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You can always put letters in the mailboxes of the neighborhoods you're targeting.
"Greetings! We're a family of four who loves this neighborhood and are hoping to buy a house here. If you have been planning or considering selling, please contact me at larla.jane@gmail.com to see if we can work something out. We may even save the 6% agents' fees."
Does this actually work?
I've thought about doing this it then I think I look like a stalker. Plus, in this market, wouldn't you rather take your chances with a bidding war than selling to some weird, stalker family?
(Sorry if I'm negative, I'm nervous)
I have gotten such letters (we are in a low inventory, fast selling NWDC neighborhood), and I did find them a bit weird. For one, we only bought a few years ago, so it's kind of unlikely we are already planning to sell, and secondly, currently many houses around here get bid up like crazy, and I would want to know what the highest bid for our house is. So I think you have the right intuition if you are looking in a really hot market.
You realize that people were just putting letters out to everyone, and not doing research on who bought when and trying to decide if enough time had passed that they might like to sell now?
This. Some of you are incredibly self-absorbed.
So they just randomly litter people's mailboxes with trash? How rude. (And illegal by the way, unless they mail the letters by USPS.)
NP. Ok, so put the flier in the door, not the mailbox. ?
Personally, I wouldn't find it rude, I would be flattered/excited that my area is so in demand. I'd probably play the market as a seller, but I could see a case for those that wouldn't (older people, dated home, no-hassle folks).
So you litter their porch? Or their yard, since these often blow away? Seriously, if you are going to do this with any hope for success, at least try to find out if the owners might be the type of people who might be interested in this (i.e. older, have owned the home for a long time, haven't renovated recently, etc.). If there are strollers on the porch and the house sold three years ago, don't do it.
Anonymous wrote:OP - can you ask your buyer for a rent back period of a month or two so you can stay put while you look?