Talk of The Villages Florida - View Single Post - Real Estate Market Update - Third Quarter 2022
View Single Post
 
Old 10-19-2022, 01:50 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,892
Thanks: 14,357
Thanked 5,115 Times in 1,959 Posts
Default

Quote:
Originally Posted by Aces4 View Post
When you add the price of the paid bond in to your total and you sell your home that much or more above the prevailing rates, you’ll know you asked enough. Particularly when your neighbor tells you that you’ll never get your price. It’s not brain surgery.
The statement to which you are referring was based upon my personal experiences. I do not pretend to speak for others.

Late last year I put a commercial property up for sale at a price slightly above what highly experienced brokers recommended after studying several comps. Over a listing period of a little over a week I received about 10 offers, seven of them serious, including three over my asking price. The brokers asked the potential buyers to sharpen their pencils and come back with their best offers. Long story short, it closed in April 2022 at more than 40% over my listing price. Nothing like an auction!
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine