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Updated over 7 years ago on . Most recent reply
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Disagree with your realtor on listing price?
Has anyone ever disagreed with your realtor on how much to list a property for?
I am getting ready to list a property. It's in a great neighborhood. According to the realtor, the problem is that there are lower comps that have sold in this subdivision so she thinks I should list it cheaper than I would like to. Let me explain the comps in the neighborhood. 1 sale was a foreclosure that needed repairs and sold below market value. 3 other sales were houses that are located on the main road before you turn into the subdivision. These houses on the main road were built 10 years after all of the other homes inside the subdivision and were built on a slab foundation and they are smaller houses but their address does say that they are in the same subdivision. Another house sold for close to what I want to list for and the agent says that the house sold 5k over the listing price.
My house has more sq ft than most all of the other homes that have sold, as well as an outbuilding that I am leaving. I'm also willing to include all stainless steal appliances.
I understand that folks can make an offer higher than the listing price, especially if we get multiple offers on it but I'm more inclined to ask for a higher listing price. The market is super hot right now. I just don't want to be greedy and it not sale and us have to drop the price.
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Every seller thinks their property should be listed higher than it should. Most of the time an honest agent is correct. Jason suggested interviewing other agents, but there are plenty of agents that will buy your listing by agreeing with your unrealistic high price just so they can get the listing.
- Russell Brazil
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- Podcast Guest on Show #192
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