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Reply to "Agent urged us to underprice our house now we regret it"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If your house is such a good deal 50k under what it’s worth I feel like you would’ve gotten more than 1 offer. Maybe not a bidding war but at least 2 offers to consider. [/quote] Exactly. This doesn’t make any sense. I just went under contract selling my house, for over asking, and the market is still HOT for buying another based on what I’m seeing. I would have had 15 offers instead of 5 if I had priced it even lower based on the number of showings alone. There’s something you’re missing, and I find your obtuse attitude and that you’re so okay with screwing over your new seller disgusting. [/quote] Exactly what these two said. If you have only one offer at supposed "50k" discount, what on earth are you smoking to think you would have more at a higher price? Comps are comps. A house down the street selling for X has absolutely zero guarantee what yours would sell. It's an indicator at best. There are so many variables that go into place such as location, yard size, layout, upgrades, etc. You should be happy you have an offer and given your attitude, it doesn't come across like you have much experience in this area. I have no blame for the realtor. She brought you a qualified offer based on what someone is willing to pay. Supply and demand. That's your actual present value of your home - what you have in hand not a made up idea in your fantasy lane. [/quote]
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