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Updated almost 8 years ago,
Is my realtor overly optomistic?
I'm selling my primary residence (goes on the market in 2 weeks) and my realtor thinks I can get $50k more than I ever thought I would. He's a friend and absolutely killing it as a realtor so I trust his (and his office that went over the comps) professional opinion.
He wants to list my house at the higher end of the comps for 2 weeks and then drop it $20k if there's not enough activity. Does this sound like a good plan or not? Maybe I'm not accurately seeing the value of my house because I know how absolutely hideous it was before I renovated it top to bottom.
I'm moving into my girlfriends house so I'm not really in a rush, but there's obviously still holding costs.
Any thoughts?