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Started By
Message
Selling my house
Posted on 3/29/14 at 3:03 pm
Posted on 3/29/14 at 3:03 pm
selling my house in DFW and went on the market this morning and we have had 8 showings today and already 2 offers.
im starting to think we put our house up for too less but our realtor said its a good problem to have.
should I ask for more now? can you raise your price once its gone on market?
im starting to think we put our house up for too less but our realtor said its a good problem to have.
should I ask for more now? can you raise your price once its gone on market?
7
Posted on 3/29/14 at 3:48 pm to dallastiger55
Yes you can ask for more
Posted on 3/29/14 at 3:51 pm to dallastiger55
Yup, somebody mis-priced it.
Ask for highest & best offers from the two offerors. Give them a chance to up the offers to more than asking price...
Ask for highest & best offers from the two offerors. Give them a chance to up the offers to more than asking price...
Posted on 3/29/14 at 3:55 pm to dallastiger55
quote:Did they offer what you're asking?
and already 2 offers.
Posted on 3/29/14 at 4:41 pm to dallastiger55
If you didn't mind what general area of DFW. I'm near Arlington.
Posted on 3/29/14 at 4:55 pm to LSUSUPERSTAR
Frisco
Market is on fire. First offer was 2k over. Don't know second yet
Market is on fire. First offer was 2k over. Don't know second yet
Posted on 3/29/14 at 5:11 pm to dallastiger55
Realtor doesn't care, it's in their best interest to sell ASAP
Posted on 3/29/14 at 5:29 pm to TheIndulger
It's fair. Same floorplan in our neighborhood is listed for 20k less than ours so we couldn't go too high. This is already very high for our neighborhood
Posted on 3/29/14 at 6:49 pm to dallastiger55
Closing on sale of my place in April and had a similar experience. Market is crazy. Where I was looking to buy decent houses almost all sell as hip pockets and don't even hit the market. Makes buying a huge pain.
Posted on 3/29/14 at 7:26 pm to TheIndulger
quote:
Realtor doesn't care, it's in their best interest to sell ASAP
Yep, you get $2000.00 more that's a good chunk of money, but the selling realtor gets additional $60 bucks, they could care less. All part of the myth that a realtor will get you the highest price.
Posted on 3/29/14 at 7:27 pm to dallastiger55
Your realtor is hosing you.
Posted on 3/30/14 at 7:06 am to LSURussian
quote:
Your realtor is hosing you.
Probably not. Fair market value in a hot market and it's flying off the shelf? Color me shocked.
Guess they could have over priced it and had it sit 6 months in a hot market, only to have the offers come in that you're getting now, allowing you to pay 6 months of interest in something you don't want to be in.
Then you could have the posters come here and tell you you're realtor doesn't know what they're doing cause no way you should sit on the market that long in your location, or get these low ball offers when it's worth more. They're costing you money on the interest payments and holding up your plans to move. And should you get 20k more and it's contingent on financing, appraiser would surely just push it through underwriting.
Looks like you've got a multiple offer situation, where buyers know they have to bring their best offer to get your home, and you'll get way above asking due to the pricing of your home.
Edit: fricking realtors.
This post was edited on 3/30/14 at 7:07 am
Posted on 3/30/14 at 7:10 am to TheIndulger
quote:
Realtor doesn't care, it's in their best interest to sell ASAP
Correct. Realtors business is not built on referral. After the sale of dt's home, that realtor will cut the cord with him and could care less about his referral potential.
Posted on 3/30/14 at 8:16 am to dallastiger55
Put our house on the market Tues afternoon last week, 1st (2) showings Wednesday morning made list offers.
Posted on 3/31/14 at 8:13 am to dallastiger55
We were in the same boat last week. Sold the house at full list price in 3 hours. I don't worry a bit about if we could have gotten more. I'm happy with the price and we listed it above most other comparable houses in the area.
Posted on 3/31/14 at 8:14 am to dallastiger55
Sounds like it was priced on the high side. You need comparable sales for it to meet appraisal. Hope it goes well for you!
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