Hey everyone. I'm listing my house on April 15 and before I sign the contract I wanted to make sure this process is largely normal.
I contact a few a few months ago and had an initial review of the house and landed on one that seemed to be the most experienced. He said based on comps at the time it would be good to go to list around 449k but i should probably expect to get around 430k for it. We'd revisit in March. Outside of that, he told me a few things to fix up and I did so.
We are in march now and he came over again for the updated listing with plans to take pics and sign contracts on the 30th for a mid-April launch.
When he arrived he said appraisals for my specific house are only going for around 430k, so we should just list it for that to make things smoother. That's what I went in expecting, but it seems like it would be a good idea to have a little wiggle room there for concessions and stuff? He said most agents are going to go in knowing what it appraises for and just offer that anyway.
It's just sort of a switch compared to the previous messaging I was getting. To start higher so we can come down and give concessions.
He charges 2.25% commission but said the 6% thing is largely going to be hit by the buyers agent now days since they always ask for a bunch of stuff. Is that true too? I've always heard 3%/3% but never worked with an agent before. I just bought this house straight from the builder.
Anyway, just a few things to get out of the way.
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source https://www.reddit.com/r/RealEstate/comments/1rv1ubc/making_sure_i_picked_the_right_realtor_before_i/
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