House Selling Blues

Down in the dump today. I am being relocated from Phoenix back to the San Jose area, and things seemed on track for a smooth transition. Got our house cleaned up, fixed up and ready to sell. A month earlier, houses like ours was low inventory, and in demand.

Cool

Put it on the market April 2, and priced it to sell (about $12 – $18 sqft below the comps), and did our thing. Went out of town the first weekend so as to not be disturbed by the viewings. Got 6 or so that weekend, and an offer.

But the offer fell through due to some of the restrictions of the relocation company. Bummer. Back on the market.

And very few showings. We just had a non-holiday weekend without a single call.

I am wondering what the listing kryptonite is? A few blocks a way (short walk) three single story houses went on the market about the same time as ours. All three of them sold within 5 days (to property management companies and investors who will turn them into rentals).

We are still well below the local comps, so I really don’t want to reduce the price. But we may need to do something to get interest back. This sucks.

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