Quote:
Originally Posted by nota
avoiding both is the way to get the best deals
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He was the real estate agent for the Trust that owned the house. We HAD to go through him. You do understand that, right?
My Mom owned a real estate firm with another guy for many years. They did very well. There are numerous strategies for selling a house depending on the market...as Denis mentioned, the listing price is often to get folks to begin to bid, especially in this market. It is a tactic to drive interest, much like BaT. It has nothing to do with under valueing the house: The seller does not have to accept ANY offer for the love of god.
In average markets, Comparatives set pricing. If you are a seller and don't participate in the development of the selling strategy, price and time frame, you are an idiot, not the RE Agent or any of the firms that work on less commission. You tell them what to do if you have any sense.
BTW, appraiser and inspectors are, at least in SC, pulled from a pool of qualified firms...the RE Agent and seller have zero input. The buyer can opt for a specific inspector, but the appraisal is a blind draw for both..