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re: The Wild DFW Housing Market--my experience

Posted on 3/27/17 at 3:23 pm to
Posted by lynxcat
Member since Jan 2008
24186 posts
Posted on 3/27/17 at 3:23 pm to
If you are selling your house that quickly then you are underpriced. This is the definition of an agency problem. The agent has every incentive to flip the house as quickly as possible because the net benefits of a few extra grand doesn't mean much for the agent.

You could have listed for 20K more and still had people offer over ask. Dallas is as much of a sellers market as you will ever see...if you are patient, then you can find a buyer that will overpay because they are tired of the process. Now, you may need someone who is all cash because otherwise the financing could fall through.

I'll report back on a couple months when my rent lease is up for renenwal. Only went up about $40 this last year so cheers to hoping the same happens again.
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