The Motley Fool Discussion Boards

Previous Page

Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/so-were-finally-at-the-point-where-we-can-30601022.aspx

Subject:  Re: Selling: more of a rant than anything Date:  3/21/2013  5:43 PM
Author:  VTAlumni Number:  124968 of 128075

So we're finally at the point where we can re-list. This second buyer has acknowledged that he has no intent to buy the house, which allows us to move forward with finding another buyer. We are going to only go after his Earnest if we end up selling for less than his offered price... which probably won't happen.

We're going back on the market today, and stating that under no circumstances will we follow-up on offers until Monday.

Question:
Is it bad (what are the ramifications?) of raising the asking price of our house at this point. We've been on the market for 21 days (but under contract 19 of those, both times falling through), and I notice that other properties are going under contract relative to their county tax records in a range that should put our house valued at 7-10K higher than what we are listed at now. Inventory is still extremely low. Out of the 5,000 homes in our development,