Davis Square condo & carriage house

[pakoo.livejournal.com]

Hi
Would you please pass this info along to anyone you know that might be interested in moving to Davis? We have a residential condo for sale that comes with a small carriage house that can be used as an office for a doctor, lawyer, etc (or even additional living space as it also has a full bath and kitchenette) Both units gutted to the studs three years ago and are in perfect condition.  Here is the craigslist ad----thanks
http://boston.craigslist.org/gbs/reo/4190065745.html

Comments

[intuition-ist.livejournal.com]

sounds perfect. unfortunately, i can't afford it.

any chance of a floor plan image on the craigslist ad?

[pakoo.livejournal.com]

Thanks....I was not able to attach a floor plan but I have paper copies for anyone who comes by for a showing. Also, the price was recommended by the realtor--by marketing it ourselves we would not have to pay a commission and we are willing to negotiate---
thank you.

[smoterh.livejournal.com]

Why don't you post it on MLS? It costs couple hundred bucks but it will be listed in a major real estate database which is used by all applications that potential buyers use to search for listings. It doesn't appear to be listed now.

[ifotismeni]

I would definitely list this on MLS, I don't think a lot of serious home buyers are looking on craigslist nowadays.

[pakoo.livejournal.com]

Thanks, both of you, for the MLS suggestion. We are planning to do that--probably with a realtor---in January. We just thought we would 'test the waters' right now because it's not typically the best time of year to market real estate. We were just thinking that a potential buyer might want to avoid the commission price and we might be able to close quicker this way. But listing in MLS is really the best way to go, thanks very much.

[pywaket.livejournal.com]

About a decade ago, I used isoldmyhouse.com with a flat fee to sell my condo. I also paid a few hundred dollars for an appraisal by a professional. By underpricing my property by less than the commission would have cost me, it sold very quickly (much faster than the comparable properties nearby) and I ended up with more money than I otherwise would have (and more money than my neighbors likely got after paying the commissions, even if they'd gotten their asking price). I don't know if they're still in business, but if they are, I recommend them. If not, there may be other options for getting your property in the MLS for less than the usual 6%.

I don't know what your timeframe is, but in a seller's market like we have now, you should have no problem selling on your own in a fairly short time.

[ifotismeni]

my husband and i are actually actively looking to buy property in somerville or arlington so this was very relevant!

[siderea]

You've listed the property as $729 not $729,000.

Since CL allows price-range based searching (as does MLS) and setting a price floor is a standard means canny buyers use to wade through the tons of too-good-to-be-true real estate scams, you've just guaranteed nobody will see your ad who can afford it.

[pakoo.livejournal.com]

Good information, especially about the underpricing idea. We are interested in a quick sale and, without a commission in the picture, will probably drop it 100k. Good tip on the craigslist pricing search as well. Thanks, everyone, for your help.