Over the weekend we dropped the asking price on the house in Florida about 10 grand. Ten grand and six dollars to be exact.
The price of the house now matches my customer ID at the place I work. Not my employee ID, my customer id. Which back in the day when I made my account in 1997 were given out sequentially. Little did I know before I came to work here that I was six people away from a very round number. If I had just hesitated one or two seconds before placing my very first order back in 1997, I would have had a customer ID with five zeros in it and that would have been very cool. As it is, I have four nines in a row, and that is kind of neat, but not quite as neat.
Anyway, since it turned out that the price we were going to drop it to anyway was right near there, I said why not, and set it to match exactly. It probably won't, but if it actually sells at exactly that price it would be kinda nifty.
Anyway, as predicted a month ago when we finally got the place on the market things are pretty darn slow. We're maybe getting one or two people a week looking at it. Our price per square foot was actually somewhat agressive (even before this drop) compared to other houses in the area that sold within the last six months and other houses currently on the market. It is just that very few people are in the market right now in our area. Our agent said things were averaging being on the market 90-120 days before they get an offer. He wasn't kidding.
Hopefully this will get us some additional traffic, preferably even an offer. If not, we'll reevaluate again after another month. We could have been even more agressive to try to prompt it to move faster, but while we want (need) the thing to sell, we're not yet at the point where we'll just drop it a crazy amount just to get it to sell "NOW".
But the paying for a house plus an apartment thing really can't go on forever. We start the monthly payments for Amy's school on July 1st and things are already tight enough as they are.
why not put the house up on ebay for either an auyction or a buy now price? has that every been done before?
I am sure it has been tried. Although real estate laws probably put all kinds of restrictions on it. As it is, since a bunch of this is covered and handled by my relocation package, I probably have to do it the normal way. :-)