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re: The home selling realtor setup is unfair to sellers and buyers

Posted on 4/17/23 at 8:51 am to
Posted by TJG210
New Orleans
Member since Aug 2006
28397 posts
Posted on 4/17/23 at 8:51 am to
quote:

Buyer was all in at $785K. Buyer tried to come up with a proper appraisal to no avail. Got a cash offer from the oil field company for the entire property for $900k and sold it to them...had we been stuck with realtors we would have most likely left more than $300K on the table...


I can’t even wrap my head around on why you think this is a realtors fault. The appraisal is mandated by a lender so they don’t get stuck with a $900k bill on a $700k property should a buyer default. A cash buyer could have offered you $2 million if they wanted it bad enough.
This post was edited on 4/17/23 at 8:55 am
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