Sorry, my error.
property #2 sold for $107K above asking price. It closed at $1,162K.
[quote=UCGal][quote=bobby]a little update.
We had been going without an agent but met one who is very eager to show us some local properties. He showed us properties running about $1 to 1.1 million. My wife love them. This agent asked us to place bid of $25-50K over asking price. He thinks this will give us the best chance.
I am reluctant to do this b/c this sounds like a game. Also this requires stretching the budget.
property 1. Asking $1055K. Sold in 4 days after accepting bid (we drove by and verified this. Likely all cash and no contingency)
property 2. Asking $1050K. Sold in 6 days at $1062 (seller agent is partner of our RE agent so he got the scoop).
property 3. Asking $975. In escrow after 3 days. not sure of amount.
[/quote]
You only provide hard data for one case. And that one is less than the 25-50k above asking that your realtor recommended. Not enough data to say for sure your realtor is giving you less-than-optimal advice… but it’s the only hard data point you give.[/quote]
