Selling can be a painful process

418 Riversville Rd

This a pretty nice house over on Riversville but I didn’t think it was worth its asking price of $3.495 back in 2006. The owners dumped their first broker eventually and brought in one of the big guns, who raised its price to an even $3.5 million yet failed to sell it. Today, four years later, the sellers are on their fourth broker and have cut the price to $2.370, below its assessment of $2.7.

I’ve never understood why sellers are willing to go through the agony of showing their house when it’s priced unrealistically – all that effort for naught.  But now, finally, this one might be ready to move.

8 Comments

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8 responses to “Selling can be a painful process

  1. Andrew

    This one has the following features:

    * short ceiling
    * 3 set of stairs
    * multiple kitchens
    * wetlands on 4 sides
    * swamp in rear and left side
    * really loud airport noise
    * pool too close to house

    It looks like multiple old houses glued together.

  2. Peg

    I’ve never understood why sellers are willing to go through the agony of showing their house when it’s priced unrealistically – all that effort for naught.

    Hope springs eternal…. Reality can take a long time for some to accept.

  3. Andrew

    Christopher – this house has been asking $2.495 for 8 months. And before that they tried to get $2.65 for another 7 months.

    Why a price of $2.370 makes it “But now, finally, this one might be ready to move.” ?

  4. Walt

    Weasel Boy –
    You know nothing of Human Nature. I list my house all the time with no intention to sell. I like it when someone comes to look at the house, opens up the closet, and I am standing there in Monica’s red alpaca sweater and no underwear. It’s a blast.
    Your Pal,
    Walt

  5. Fly Girl

    Of the “features” Andrew notes for 418, the only one that would make me think twice about buying it is the airplane noise. I live under the same path, further away five+ miles and OMG, it’s horrible – worse since JetBlue and AirTran have gotten lottery slots. With more and more flights at HPN, anyone within ear shot of the landings is bound to take a loss selling. I’ve always joked that if I were to sell, I wouldn’t allow viewings Sundays between 4 and 7pm. One after another. Painful.

  6. Andrew

    That’s what I thought

  7. anonymous

    these poor sellers better pray for a buyer to come along that doesn’t read this blog!