Selling your primary residence

[Ronald H.]

Threw a For Sale posting out for the hell of it, to see what happened. Would love a property half the size with half the size yard.

Got four responses in one day that the posting was active. Two of the experiences, I have already talked about on here. 2 Developers.

The third response is hard to guage. He left no last name and no phone number. Wants to know what creative solution I am looking for. He would like to know the address. I replied to him, but when I am ready to sell, I am going to want proof from my respondent's that they can actually close with all cash, or else I am not showing them my property. My time means that much to me.

The fourth response was from a guy that said he has a friend that fixes houses. He goes on to say that he is looking for his first wholesale deal. I cannot seem to take this one seriously. If he is serious, he does not instill a lot of confidence in me with his reply.

To change topics. My friend and client, who is a broker and owns a rental, told me to start pricing at Assessed Value. Since I have no reason to believe that he means me harm, I am wondering how he comes up with his calculations. My major concern with his idea, is that I will lose any buyer's. The home may or may not need to be demoed. Assessed home value is $112,500.00 The assessed land value is $146.700.00 Combined assessment for bldg and land = $259,200.00. If sold for 70% of ARV, I am looking at $181,400.00

A search of recently sold 3 bed, 1+ baths, Single Family homes on Trulia using similar property and lot features shows two fairly old sales. First is a $356K sale dated six months ago, and a $318.6K dated 5 months ago. I am surprised to see that the search did not show many comps from 3 months back to present. I know that more info is need, but this is just a brief scenario.