So, I met with the agent from buyowner last night. She pulled up comps (other similar houses that sold in my neighborhood) and got a tour of my house last night. She said that my house is worth X amt. of money.
Her X figure is 30% higher than the Y figure I had a traditional real estate agent (ReMax) give me over the phone the other day.
What gives? How can two people come up with such different figures?
Her X figure is 30% higher than the Y figure I had a traditional real estate agent (ReMax) give me over the phone the other day.
What gives? How can two people come up with such different figures?
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They think your bikes go with the house? :shrug: I dunno, that seems like a huge difference PH. :?
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1) She personally was in your house and perhaps saw what you've put into it. That may be one reason. Anything you've done as home improvements should be noted.
2) Perhaps she sees what the real estate market is doing now (it seems to be a sellers market right now in many places) and is boosting up the figures to match that market. I know that's what people are doing around here...it's crazy and I don't have a chance to buy anything right now.
3) Do you have more land to put into that figure?
4) Sometimes you start very high with your figures so you can come down when you start getting offers. You want some room to play with.
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:shrug:
I don't know...seeing the inside must have been the difference.
again, :shrug:
I don't know...seeing the inside must have been the difference.
again, :shrug:
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What is the market like in your area right now???
The house I'm in is selling unbelieveably high due to demand for people wanting houses. So, the sellers jack up the prices.
The house I'm in is selling unbelieveably high due to demand for people wanting houses. So, the sellers jack up the prices.
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So, I met with the agent from buyowner.com last night. She pulled up comps (other similar houses that sold in my neighborhood) and got a tour of my house last night. She said that my house is worth X amt. of money. Her X figure is 30% higher than the Y figure I had a traditional real estate agent (ReMax) give me over the phone the other day. What gives? How can two people come up with such different figures?
first one was "blue booking" your house --- using comps and numbers only to come up with a market value... i suppose going inside made the difference and i really can't believe the other agent didn't insist an inside tour before putting a price on it. i mean, the inside of a house can make all the difference in the world :umno: i'm assuming yours was hope the second one wasn't "blue skying" you just to get the deal.... :banana: like my buzzwords? me either.
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In the oh by the way department, real estate agents are not out to find you the best price.
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I wouldn't believe either of the agents guestimates until I knew their selling history.
- o Is it their tendency to price high/low compared to the actual selling price?
o How long does one of their listings typically take to sell?
o How long have they been in the business?
o How much room do they leave for negotiation?
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