How to Sell Your Home in 5 Days

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.

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!!!

I bought the book three weeks ago and decided only about 10 days ago to sell my house this way. Although the book was first published in 1993 and updated only in 1998, it still works. I simply followed his advice in this book to the letter. I placed my ad in the city and local papers for Wed-Sun (modeled on his examples in the book), and put up signs on Sat morning (I didn't use his sign models, tho; I used the ones from the associated website). I got 26 calls by Friday night (he says you need a minimum of 25 or you should stop the sale). I had 55 groups of people come to my open houses (he says to have them on Sat and Sun 10-5), and I had 24 bidders on my bid sheet by Sunday night. I did 5 rounds of calling Sunday night from 8-9:35 p.m. and sold my house to the highest bidder! I got slightly more than what I would have gotten had I sold the house for its appraised value minus a 6% broker's commission. So, I didn't make MORE money, necessarily, but it was great not having to have my house in perfect order for months, worrying about whether it will sell at the listed price, etc. Also, I had to move out of state within 6 weeks, so I wanted a FAST sale. I got it, at a fair price. It definitely worked for me, notwithstanding that the sale was the weekend before Thanksgiving, not in the best of times to be selling a house. Worth giving a try, I say.

We sold our house in New Jersey. Our friends recommended the book to us and although thier experience was different, the results were the same. Our house sold for market value. Its true that the buyers were a bit confused, but after explaining how it worked, people were excited to place a bid. Selling our house in 5 days was so important for us. We have three young children and keeping the house in shape for sporatic showings would have been impossible. It really is no risk with the exception of the money you lay out for ads and signs. Our buyer came from the signs, but bought due to the method. I highly recommend this book to anyone interested in saving money.

We bought and read the Effros book, it is unique. I have read probably 200 real estate books and his 5 day method is different and effective. You have to get over the mental block of starting off low in your asking price. We modified the technique to serve our purposes. We employed a MAI (Member of Appraisal Institute) appraisal done on the property. After physically preparing the house by painting, cleaning, and some new flooring, ads were placed in the newspaper. We received offers above asking price and settled within 30 days. Everybody was happy. We have William Effros to thank for the unique idea, and ispiration of his book for our quick sale above asking price. Thank you, sir.