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re: Which home listing sells faster?
Posted on 3/29/15 at 6:46 pm to JJ27
Posted on 3/29/15 at 6:46 pm to JJ27
Far from an OT baller just owned a place in a hot area in NJ, just across the river from NYC. Garage and backyard which people pay extra for.
We looked at buying this small condo for an investment property and this small one bedroom, about 800 sq feet with a deck and a nice view of NYC, generated a bidding war. List price was 245k and it sold for 285k
We looked at buying this small condo for an investment property and this small one bedroom, about 800 sq feet with a deck and a nice view of NYC, generated a bidding war. List price was 245k and it sold for 285k
This post was edited on 3/29/15 at 6:49 pm
2
Posted on 3/29/15 at 7:23 pm to hobotiger
quote:
realtor fee which would have been about 50k
quote:
sold for 285k
17.5% realtor fee?
This post was edited on 3/29/15 at 7:24 pm
Posted on 3/29/15 at 7:24 pm to hobotiger
quote:
List price was 245k and it sold for 285k
Then you didn't save anywhere near $50K unless you are bad at math.
ETA: You also had a bidding war because you listed it too cheap FYI. A Realtor would have been able to tell you this.
This post was edited on 3/29/15 at 7:26 pm
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