More showings...

The other night I made the decision to remain firm on my price, and every day I become more and more confident that I made the right decision. Each day I receive a phone call from Remax about showing the house again. I feel bad for my current tenants for all of the intrusions, but business is business, and I need to sell my house.

Well, I don't need to sell my house. I need to sell my house at a price that I will be very comfortable accepting. When I listed the house, I was not expecting to sell it. I was merely trying to help establish a solid base for which my house is worth. With the neighbors house on the market, I want him to sell his place to set a new precedent for the value of a house in the neighborhood. Given that I am directly next door, his house is the most relevant comparable, so I need for him to sell at a premium.

Little did I know, our houses weren't priced out of the market. We have had showings left, right and centre. I've gotten a couple of offers, but nothing worthwhile at this point. It gives me a lot of hope that my neighbor will be able to sell his home very soon and establish that new threshold that I am looking for.

The biggest problem that I have is the fact that I know that, if my house was fixed up, I could draw an offer closer to $300,000, if not more. A similar house went on the market recently for that amount, and given a little bit of market appreciation, I could stand to make even more money. That being said, mo' money, mo' problems is the rationale for trying to sell the house now. If I can make a quick buck without the headaches and hassle, I plan on doing so. It will free up a lot of cash for me, and I will have many other options in which to invest in.