Quote:
Originally Posted by Winsor_Pilates
Do you feel you got full potential value for your home?
Very few sales (about 2%) happen through open houses, so you're fortunate it worked out so well for you.
Generally, cleaning the house and having open houses isn't enough to sell most homes at maximum potential value.
Is it possible that having a good agent, who would have marketed and exposed your home to more potential buyers might have gotten you a higher sale price?
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Yeah, I'm more than happy what we sold for. But I would say that!
Seriously though ... yes.
And I've heard this 2% for open houses figure before which begs a couple of questions. Is this 2% based on an offer at the actual open house that leads to a deal or return viewings that then lead to an offer. And secondly is this data is true and so low .... why bother? Is there an actual official statistical report to back up these statements?
All I'm saying is the cleaning etc from my experience was the biggest PITA of the process.
As to the 2nd part of your question .... sure it'd possible but using comparables before and after .... no. i.e. The net money that enters my pocket when all expenses are paid.
Which leads onto another question. Say I'm selling for 400k with agents at 1.5% and you contact me looking for my listing. If I say sure provided there is something written into the contract that you MUST sell for at least 415k to earn your commission (therefore I get the same coin in my pocket) would you have this clause written into your contract?
i.e. Are realtors prepared to back up their claims in the form of flexible contracts or are they rigid? Also is the 6 months a rigid pre-requisite for a contract.
If a realtor is claiming that they can sell my house for x dollars in 2 months max can I turn around and say .... fine, I'll sign up with you for 2 months?