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Originally Posted by BayLady57
I can't speak for how the sale of real estate works in The Villages but having just sold my R.I. home of 32 years I am glad I had an agent and a good one at that.
Our home was listed on MLS at 8 am a week ago Wednesday with a scheduled open house on the Sunday that followed. Our agent called us 2 hours after the listing went up to inform us he had received 9 calls from agents wanting to bring over very interested pre-qualified clients that day. We said fine, headed out of the house and left the rest to our agent who scheduled all 9 appointments in 15 minute intervals. When we returned 3 hours later our agent informed us 3 strong offers came in which we reviewed closely together. Due to the strength of those offers my agent contacted the 3 agents and told them by 6 pm the following day their clients were to give their final and best offers. Those 3 best and final offers came in to be nearly identical all $36k over asking. My agent then called the 3 agents and told them the offers were almost identical and they needed to do a little better if their clients really wanted the house. An hour or so later two offers came back $7,500 higher, and the 3rd offer the one we accepted came back that they would go $7,500K above the highest offer up to $650K, they were putting down $100K which was $50K higher than the other 2, waived the inspection which the others did not, and if the appraisal came in lower than the offer price they would make up the difference out of their pocket not ours which that was also not noted in the other offers. After all was said and done we sold our home $50K over asking with a hard to beat contract and our closing is scheduled for 4/29/22. That $50K above asking covered the money we spent doing upgrades getting our house sell ready as well as the agent's commission, and we really think looking at the comps in our area, had we not not done the upgrades and had an agent to handle the sale we would have likely ended up selling our home for $100K less than we did. So after all was said and done I believe we did come out $50K ahead of the game.
Tough decision to make using an agent vs doing a FSBO. Wish you the best of luck in whatever method you choose selling your home.
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We had a similar situation selling out home in NY. The Realtor got us offers significantly over ask. The pictures and video they took made the house look great. I know the Realtor is expensive but it's a judgement call. If you think you really know the value of your home and are not concerned about your time marketing it, showing it, and all the rest of the stuff that the Realtor does then go for it. If not get a good Realtor and let them do all the work. Remember, the Realtor's know what's going on in your community real time and know what people are looking for. They will also tell you to fix or change things that might not be apparent to you to get your house sold faster and get more money.