Re: My real estate agent maybe selling my house too low

"sylviepete" <> wrote in message
news:

>I got a competitive market analysis for my house and he said I should
> sell it for 289 and he would charge 15 grand to sell it. A similar home
> sold a few months ago for 315 down from 325. We have the same square
> footage, my yard is bigger and house is nicer. I thought I could at
> least get 310 or 305 but he only looked at houses up to 299. Should I
> go with his number or try to get what I thing other houses are selling
> for, and lower it later if needed?

Yes. Set a price you think is realistic and accept nothing less for several
months. If it is too high, you will soon find out, and then you can lower
it. Many agents try to sell quickly in order to get their commission and
then move on to more sales. The agent would rather sell for 10,000 or 20,000
less to make it happen quickly, because the 6 percent of that amount in
commission that is lost is not worth fretting about, when compared to the
advantages of a quick sale.

Re: My real estate agent maybe selling my house too low

On 6 Mar 2006 13:50:09 -0800, wrote:

>
>sylviepete wrote:
>> Thanks for all the responses, I am meeting with the guy who sold the
>> home that was comparable to mine and he said it was priced to low but
>> he will look more at the situation when we meet on Wednesday.
>
>depending on where you are the prices of a few months ago are
>a thing of the past ... (10-15% less isn't out of the question,
>and quite a bit more in some places).
>
>Maren, in HI.

Then again, price isn't always as important as 'Terms'.

What were the terms of the sale of those other homes? All Cash? Vendor
financing? etc...