Comments for Bham WIiRE Realty, LLC

Comment on Birmingham Home Sellers: Your Listing Has Expired – Now What? by Charita Cadenhead

Charita Cadenhead — Sun, 08 Jan 2012 21:20:47 +0000

Thanks Tom for that valuable input. I can totally relate to your reference to physically dissimilar homes. In my opinion, that stems from an agent not being educated on how to derive at comparable properties. Another huge problem that I see is when I try to determine where the agent may have gotten comps from, is that inevitably they are getting them from active listings as opposed to sold homes (and it’s obvious). It doesn’t matter whether it’s homeowner denial or agent fear of presenting seller with factual data, overpriced listings do nothing to improve the market or sell the home.

Comment on Birmingham Home Sellers: Your Listing Has Expired – Now What? by Tom Horn

Tom Horn — Sun, 08 Jan 2012 20:47:34 +0000

Charita, I have prepared recent appraisals for homeowners after they listed their home on the market and could not sell it. Invariably it comes down to pricing the home and in these situations the home was not priced correctly. Either the comps were not “good” comps:l ie-they were too old, too far away (in different part of town that is not similar to the subject), or were just not physically similar to the subject. I had an agent use a new home with basement and pool as a comp for a slab home and no pool. Agents must know what comps are acceptable and the ones that loan underwriters will accept. If you need someone to speak at a sales meeting to explain some of these things please let me know, I would be glad to help you out.

Comment on Ready, Willing and Able Applies to Both Birmingham Home Buyers and Sellers by Tom Horn

Tom Horn — Sun, 08 Jan 2012 20:39:42 +0000

Great post Charita! Keep up the good work.

Comment on Buyers It’s Okay to Make a Full Price Offer by Charita Cadenhead

Charita Cadenhead — Mon, 12 Dec 2011 14:42:49 +0000

Barbara that is exactly what I want people to know. The price one pays (or in this case is unwilling to pay) could cost them the home that they want more than anything. And more often than not, the difference between asking price and target offer price is just not worth the lost. The questions become: how badly do I ‘really want this house? Is price haggling really worth risking not getting the house? Unfortunately many mind out that the answer is “no” only have they have lost the house to savvy buyer.

Comment on Buyers It’s Okay to Make a Full Price Offer by The Kuney-Todaro Team

The Kuney-Todaro Team — Mon, 12 Dec 2011 14:16:10 +0000

Charita…..great post for potential buyers to read….when you find a home that is priced right, and it fits all of your needs, you know for sure that you’d better pay the price or you’ll lose it….those are the homes that end up in a bidding war if you wait too long.

Comment on Sellers Have You Seen the Competition You’re Up Against? by Charita Cadenhead

Charita Cadenhead — Fri, 02 Dec 2011 09:37:51 +0000

I totally agree about the Google+ button. I had to double check because I thought it was there and it was. It is located directly under the title of the post. I thank you for the suggestion.

Comment on Sellers Have You Seen the Competition You’re Up Against? by Elliptical reviews

Elliptical reviews — Fri, 02 Dec 2011 03:30:50 +0000

I suggest adding a “google+” button for the blog!