Sunday, July 13, 2008

1st offer...

Not much to get excited about here. I received a call yesterday from Jeff, my real estate agent, while I was playing at Hope Beach Volleyball. Jeff had left a message on my phone, but with all of the music playing at Hope Beach, I could not make out what he was saying. It didn't help that I might have had a couple of Gin and 7's at that point.

Nonetheless, I did end up finding out that there was a verbal discussion with another agent in the amount of $221,000. This is somewhat encouraging. When I bought the house for $200,500 in February, I didn't really think that I could have made so much money so quickly. It's nice to know that my house is appreciating in value without any work done to the place.

Now, with a listing price of $259,000, there was no way that I was going to sell. In fact, 221 is almost insulting. Mind you, I did the same thing essentially when I bought the place. Call it business...

Anyways, the offer is a start. I'm not expecting to sell within the next month for my asking price, so I will likely be taking it off the market shortly. It's more of a market experiment. It's good to gauge what people are looking for when it comes to a home purchase. I've already learned a lot about my house.

The next step will be to find some roomates. I'll be trying to show the house in August when I have some time off of work for my study period. For now, I have been receiving a lot of requests to see the place, so I have no fear about finding roomates. It will be tricky though to find some good ones.

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