Is close to list below list? 5% above list is basically noise with 10+ offers. If it closed above list then there even less between the offers like 2 or 3 %. There’s so many ways to cut that. Quick close, all cash, no Contingencies, even just knowing the buyer or the RE agents reducing their cut or buyer carrying closing costs.
IMHO on housing purchases when looking at deals you’ve lost if there isn’t 10% price difference then the intangibles that aren’t listed are the deciding factors
Selling is 5 – 6% on commission, repairs, termite tenting, escrow and other fees. The little 0.5-1% cuts plus the opportunity cost of a deal the falls apart
There is plenty of wiggle room for shaving a few percent with a motivated buyer on the costs. Even clauses like buyer pays buyers commission
And as svelte mentioned cash is king No finance contingencies and fast close is worth $ particularly for someone already bought or rebuying.
