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Old 08-23-2012, 12:20 PM   #7
tvp2003
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Quote:
Originally Posted by Realtor 1 View Post
well we can sum it up to 2 places in under 120 hours.... I think that sounds better anyway!
Congrats on the sale

However, I did have a related question -- when something sells that quickly, I automatically think that it was priced too low. I appreciate the process for real estate is a little more nuanced than, say, listing something on kijiji, but generally speaking, how does a realtor address this to a layperson like myself? Obviously I have no idea what the final sale price was, how many showings, how many offers, etc. but is there any sort of "gold standard" or "sweet spot" you try to hit (i.e. % of list price and/or days on market)?

Just something I've always wondered about real estate...
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