Dear "Delusional" in Dallas ...

Wall Street Journal "Cheapskate" Neal Templin writes today about trying to ditch his Dallas house in a down market, in advance of his family's relocation to the East Coast. In short, a house that went on the market in February for nearly half a mil didn't get a single nibble till four months later, by which point the offer was $102,000 lower than Templin and his wife's initial asking price. Templin, moving to NYC to assume the paper's personal-finance editor position, put at risk his own personal finances in order to sell the "1937 brick-and-stone house ... in a pretty neighborhood of older homes and towering trees about five miles from downtown Dallas"; he and the missus argued about plenty, including how much to spend on a touch-up to help move the joint (though, really, Designed to Sell never seems to spend more than $2,000). A cautionary tale. --Robert Wilonsky

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

Newsletters

All-access pass to the top stories, events and offers around town.

  • Top Stories
    Send: