How to Sell Your Home in 5 Days: Third Edition
How to Sell Your Home in 5 Days: Third Edition
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Product Description
The proof is in the testimonials that have arrived by the thousands: "This is a really great book. It's simple. It's straightforward. We read it. We ran our ad. We got over 100 telephone calls. We sold our home."—John Henke, Boise, ID. "Our real estate broker was green with envy. In 5 days we got 24 bids higher than the highest bid she got us in 11 1/2 years. You're our hero!"—Elizabeth & Tim Hunter, South Berwick, ME. "I had a business opportunity I couldn't take advantage of unless I sold my home immediately. I saw your book in a bookstore and sold my home the next weekend. Thanks!"—Doug Walker, Salt Lake City, UT. "Thanks to your system I sold my home in 5 days at $1.26 million. You saved me $78,000 in real estate commission!"—V., Potomac, MD.
Now in its third edition and timed perfectly to address a challenging real estate market, How to Sell Your Home in 5 Days turns the conventional on its head to present an innovative, practical, and foolproof alternative that makes the market work for you, the seller. Based on the one basic truth of free enterprise—that your home is worth exactly what the highest bidder will pay for it— this step-by-step plan shows exactly how to price your home attractively; make a timetable; write an effective ad; use buyer psychology, price points, and magic numbers to get the best price; and conduct round-robin bidding. It includes new information on the Internet—including a supporting website, www.5-day.com—the most recent testimonials, and updates to every phase of the process, from whether or not to renovate a kitchen before selling to the ins and outs of transferring ownership. Homes sold through the five-day plan sell for an average of 5% more than through conventional sales, plus, the seller doesn't have to pay a broker's fee—making this book among the best deals of the century.
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I know it sounds too good to be true, but this system really works. I know the author personally, and have seen more than a dozen houses being sold in five days utilizing this method. It’s based on sound economic principles, and works whether your house is worth $10,000 or $1,000,000, or anything in between. I believe it is the most efficient method to get the highest amount of money for your home in the shortest period of time.
–Michael Feldstein
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I hehab houses and finished one TOO nice in a run down area. On the market for six months and had tried everything including a Realtor listing! Everyone liked it but we could get no one in that araa that could qualify for a mortgage.
The 5 day auction raised interest, brought in lots more prospects, and we close the sale next week!!!
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I had a friend who used this technique and I was amazed how it worked just like the book describes. Flocks of people turned out to see the house. He got a round-robin bidding war going on Sunday night, and he sold his house rapidly, without any unnecessary professional help, and for a good price.
This technique is match made in heaven for the do-it-yourself real estate investor.
Terry Sprouse is author of the book “Fix ‘em Up, Rent ‘em out: How to Start Your Own Fix-up House and Rental Business in Your Spare Time.”
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I bought this book in 2003 and used it to sell a rental house. At the time there were 5 or 6 other homes for sale on the same small street. I sold mine in 5 days while the others languished on the market (because they were over-priced) for months. Definitely recommended reading.
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In May 2007, I bought the book, read it cover to cover (it’s a quick read), and implemented everything Effros recommended. We had our open house in late June, sold it during the round robin that weekend and closed in early August. It is an EXCELLENT, EXCELLENT method that I will use from now on. FYI, there is a website with a forum that is very helpful. The URL is the book’s title spelled out dot com.
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I have not tried the 5 day sell as yet but the book is fabulous. Direct, clear, easy to read and understand, concise and full of information. A wonderful book for folks that are trying to understand the structure of the home selling business. Thank you Bill Effros for sharing your wonderful system with the world and with me
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After months on the market in a depressed area, I fired my agent and took a leap of faith. I used the method in the book and sold the house.
The reviewer who only gave this book three-stars (and seemingly didn’t give it a try) missed the concept behind the system: getting people through the home and creating a buzz.
Was I scared? Yes. Would I do it again? Yes.
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It was my pleasure recently to buy and read this book How to Sell Your Home in 5 Days: Third Edition. It is a quick read and easily understood even if you aren’t a real estate professional.
As a successful, professional real estate investor for many years, I buy and sell homes and other properties. Sometimes I sell them directly and other times I use a real estate agent. I have also spent tens of thousdands of dollars attending real estate investment seminars. The most effective ones actually taught Mr. Effros’ process, with minor variations, as their own proprietary approach to selling homes.
Recently, I was asked by several people whose property didn’t qualify for my investing program what they could do, since I was not able to buy their home. Before reading this book I would have had to shrug and wish them luck. Now, I almost invariably recommend that they buy this book, read it and implement it. Not every one of them will sell their home. Some will, and all of them will realize what is the actual, current market value of their home. In many cases, I know that will bring them back to me for a more realistic discussion of their situation.
After getting to the source of this selling approach, I can guarantee that from now on I will be using a variation of this method almost exclusively to sell all my properties.
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I bought this book last year and I have used it to sell all the homes I buy. I was skeptical at first, but after trying it and seeing how successful it was I recommend it to everyone I know in real estate today. If you really need to sell your house quickly, then you really need to read this book.
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It works. I have tried it on 3 of my listings and it really does generate the offers just like an auction.