Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 2 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

156
Posts
31
Votes
Jessica Hood
  • Flipper
  • Winston Salem, NC
31
Votes |
156
Posts

Does this sound silly?

Jessica Hood
  • Flipper
  • Winston Salem, NC
Posted May 11 2009, 04:21

I have been bothered by this for some time and now that I have experienced people to ask... I just have to ask.

My parents own the home I live in. We are preparing the home for sale. It needed a lot of minor work which my husband and I have been doing ourselves. From all my research thus far, I have learned that you want your property to look as best as you can to get the most potential out of the situation. So for me, that means making sure everything is fixed/working and that it looks good visually.

My parents have a real estate agent they have worked with since 1995 and they really like him and trust him. He's an older fellow and very nice. We had him come by the house while we were still doing some work on it. Some things still needed painted badly, the hardwood floors needed polished, the tub needed recaulked, and I only had 2 out of 6 of the new six panel doors installed, among a few other things. The agent told me not to bother with any of it and to just list the house for sale now, as is. It seemed crazy to me because as it stands, we are not profiting much off of the sale (just breaking even) in the first place because of the economy. It's being sold out of necessity more then anything.

So, am I wrong to think it's crazy for us to just list it as is, if we want to get the most out of it? It does mean there is a delay in listing it, but that's ok for us. What are your thoughts on that?

Loading replies...