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Real Estate
Reply to "Agent urged us to underprice our house now we regret it"
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[quote=Anonymous]OP, we sold in the spring and got multiple offers. But even still, our house sold for nearly 40k less than another house right down the street with the same floor plan as ours. Their house had a screened in porch, better lot, and some nice closet systems. Luckily our realtor had warned us to price our house based on the overall comps and not just one pin our price on that one sale in our neighborhood. You never know if your neighbor’s house had an “it factor@ that yours doesn’t or if there just happened to be a couple desperate buyers at that exact time that caused their house to sell for 75k more than yours. Stop focusing on your neighbor’s house and look at how your house is priced for the overall market. Your realtor may have oversold you trying to ride the coattails of your neighbor’s house.[/quote]
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