When presented with multiple offers, most listing agents demand shorter contingency times, no appraisal contingencies, having to pre-qual with their lender, etc., without any thought on how that can agitate the buyers. The time will come when the buyers aren’t going to put up with that type of treatment – in fact, it might already be here.
My job is to assist them with paying as much as possible. We accommodate all showing requests, include appliances, termite, and home warranty, and deliver full transparency about the process – including price coaching. It is as close to an auction format as possible.
Their job is to not be a kook. Classic. Fess up, you scripted that bit including hitting the red light.
Why did you list this one so cheap? The same model sold almost a year and a half ago in a bidding war over $610K!
Stick around, you’ll see.
Some people aren’t paying attention to how low inventory and low list price = higher sales price.
It’s a fine line too.
With the lack of recent sold comps and the pricing exuberance on most active (unsold) listings, buyers are quick to assume that any list price could be outrageous.
A proper list price is one that is attractive to buyers. Then have a listing agent who can handle a bidding war and boom – you get a top-dollar sale.
looks like you are going to be in the top end…not easy with such a small sq footage