Appraisal Value & Realtor

[Whitney Tutt]

Hello all! I'll start off by saying, I've always had mixed feelings about realtors, so please forgive me if you are one. It's soooo hard to find a good one, which is why there have been times in the past where I did it all on my own with no realtor and it went very smoothly. However, I have a friend who just became a realtor and I'm big on supporting friends and their endeavors so I am supporting her.

The homes within a 1 mile radius that are comparable to the home I just flipped and am about to put on the market are selling for the price I want to list mine as. However, my realtor continues to focus on the prices of homes whose rehabs are not even comparable to mine. She's wanting to do a pre-sale listing to see if we get an interested buyer and they have their own appraisal done so then we'll know for sure.

I am fine with this but my question is, why is she still focusing on the homes with the lower values with lower grade rehabs when there are enough homes with similar comps and similar rehabs to mine that we can stay focused on instead? Any insight would be wonderful!!! Thank you :)

[Whitney Tutt]

I forgot all about this thread haha! To update you all, I had to part ways with my friend on this transaction. She wasn’t getting it sold and barely any viewings. I ended up contacting an agent who was selling another home on the same street some months later and he got it sold. He was also very helpful with providing tips on what I could do to sell it faster, and they worked! It really paid to have a more experienced agent for this sale. I’ve worked with some great agents since this post so please forgive what I said some years back.