Need to sell my condo by July. How long should I wait to list with an agent?

Posted by admin | Renting Real Estate | Thursday 4 March 2010 4:35 pm
Suzie asked:


I have a guy who wants it but hasn’t secured financing yet. I know he’s really trying but the weak economy and housing market has me concerned. Should I just go ahead and list it or give him time to get a loan?

secured loan

6 Comments »

  1. Comment by golferwhoworks — March 7, 2010 @ 10:39 am

    secured loan

    yesterday as condos take longer to market

  2. Comment by src50 — March 8, 2010 @ 1:26 am

    secured loan

    It’s your call. How much risk do you want to assume waiting for this guy? What if he doesn’t buy or can’t buy? I’d list it now.

  3. Comment by rsriram_1999 — March 9, 2010 @ 3:14 am

    secured loan

    list

  4. Comment by AskAndYouShallReceive — March 9, 2010 @ 3:51 pm

    secured loan

    List-don’t jeopardize your chances of being stuck longer on the market. Besides, it might just light a fire under him to really get that financing now! GL !

  5. Comment by ibu guru — March 10, 2010 @ 9:24 pm

    secured loan

    You should have listed it by now! You can always specify in your listing agreement that if Party-Name purchases the property, then no commission is due as Party-Name commenced contract negotiations subject to obtaining financing prior to your signing the listing agreement.

  6. Comment by Doctor Deth — March 10, 2010 @ 10:44 pm

    secured loan

    there is no guarantee you will sell it by July - there is an 11 month supply of homes on the market which means that’s the average time it takes to sell and condos are even harder then regular homes

RSS feed for comments on this post. TrackBack URI

Leave a comment