pab_guy t1_iu9onqi wrote on October 29, 2022 at 5:21 PM

Advice to anyone selling a home anywhere:

Your real estate agent wants to close the deal and move on. They don't care about getting you the best price, they care about getting their commission and moving on.
When a realtor sells their OWN home, they are on the market for 90 days longer than when they sell someone else's home (traditionally anyway, hot markets can obviously change things). Think about that. They know the right buyer will eventually come along and don't compromise.
Realtors live in a rent-seeking industry that extracts far more value than they provide. Use disruptors like RedFin or list on your own to save at least a couple percent.

And if you do use a realtor, take their proposed list price and add 10%.

kauaime t1_iu9qnie wrote on October 29, 2022 at 5:35 PM

Exactly. We recently sold our place in the woods, realtor said top dollar would be 275k, we told him to list at 299k. Sold for 299k.

gracelandcat t1_iu9zg4i wrote on October 29, 2022 at 6:37 PM

I'd like to add, if you do use a realtor, don't use the same one the buyers are using (if they have one). It's impossible to work for both parties' best interests simultaneously.

If your house is on the market for 3 weeks and you don't have any offers, it's priced too high.