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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]Op don’t listen to posters telling you your house is obviously not worth what you want. I posted a while back and was told the same thing. They were wrong and we got our price. Timing is everything. This is not a great time of year to be selling and certainly not a reliable time for bidding wars. I don’t know the answer to your predicament, but I think you start with a harsh conversation with your realtor. She needs to make this right and put money where her mouth is. [/quote] But did you list at the lower price and then delist and relist at the higher price? Or did you start out at the higher price and get it? If the latter, your scenario is completely different than the Op’s. Also, even though Op claims her realtor told her she could reject a full price offer without owing a commission, I would read the listing agreement carefully before doing so. Also, as a pp said, you should also check what your contract on your new home says about what type of offer you need to accept and whether you will lose your deposit on that home if you don’t accept this offer. I have found (I’m not a realtor but have moved a lot) that the first offer is usually the best offer, especially when you don’t have a multi offer situation. [/quote]
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