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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]Well, we have a contingent contract on another house. Our plan was to give it a couple of weeks more through Labor Day and if no offers at the price we want take it off and lose out on the new house. Would best strategy be to delist and quickly realist at our min price and see if any takers on next 2 weeks?[/quote] And he/she likely priced the house where they did due to your circumstance with the new house. You sound like you don't know what you are doing, OP. P.S. It's AMAZING how many people thing UPPING the price is a good strategy. :roll: [/quote] OP were you really going to walk away from the house you are buying for $50k? Like if you listed at your lowest price and then it sat you would have cancelled your purchase? And your agent has TWO commissions riding on this sale, so I can see her incentive to be quick. That said look to reduce her commission since she has so much riding on it. [/quote]
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