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Updated almost 9 years ago,
LEAVING MONEY ON THE TABLE?
Ok so I have a house that I just finished. I bought it for 49, spent about 65-70k on it. I listed it for 180k. I did a FSBO on Zillow. 3 days later I get a full price offer on it. I negotiated to pay just at 3% commission and no closing costs. I am horrible human being that believes all we have in life is our word. So I told the agent that I would not look at another offer while we talked about adding a fence (at purchaser expense) to the contract price. I put a lot of detail into this house, it was a labor of love and it shows. So now I have someone else wanting to look at the house, and a realtor that wants to show it to another client. I can't help but feel like I left money on the table and that I underpriced it. The area where the house is located is red hot right now. Everything that was on the market is under contract right now. I know the right thing to do is to keep my word. However I can't help but feel that I could have made more money on it. I technically don't have a contract yet. Nothing binding. I just needed to get that off my chest!