I'm Going to Deliver on My Threat! -- THE UPDATE. YOUR CHALLENGE!

Yesterday I wrote a blog...it was a challange to you professionals. The information is below. Here's the house.

What Would You Adivse the Owner to Do?

I've been thinking about doing this for a long time. Now I'm threatening to do it. In fact, I'm making up my mind right now. I'm going to do it.

And it'll involve you!

You see, almost always I take the same route from Patty's and my house to the grocery store. And for almost the entire way, there are homes, one after another, down the streets.

Nice homes.

Probably worth between $185,000 and $350,000. All are brick, the yards are well maintained, and I've never seen the hated tell-tale sign of a lousy neighborhood --- a car or truck on blocks in the yard or on the driveway.

There is a house on one corner that has been actively For Sale for nearly two years. The listing has rolled from one agent to another, all with well-known franchise offices....your Re/Max, your Century 21, your Ebby Halliday.

No one has been able to sell it. In between agencies, the owner has put his own sign in the yard. But within a couple of weeks, his sign has gone down, replaced by a Realtor's. And unless I've missed something, the appearance of the home has never changed.

Here are the basic facts: The subject house was originally listed for about $220,000 and the last reduction was to about $180,000. That equates to $100/sq ft. The interior was totally remodeled including new central air unit, etc.

I believe I know why this house hasn't sold, and it isn't price. And I believe it can be corrected.

I'm asking you to give your professional opinon. What do you think needs to be done by the owner for the house to sell? I think this will be a fun exercise.

And so you'll know, I don't have any intention of soliciting the listing because it is not in an area or price range that I specialize in. And I won't tell you the address or anything other than what is postged here.

This is going to be just for funzees.

BILL CHERRY, REALTORS

DALLAS - THE PARK CITIES

Since 1964

214 503-8563