We listed our cyv last September, agreed on an asking price, and were given a print-out of what we would end up with, after paying commission, balance of taxes, etc....based on the estimation that we'd get an offer of 94% of our asking price.
Guess what? Our first offer was exactly 94% of the asking price! This really angered me, as it appeared the bid was based on the buyers' realtor "suggestion", not what the buyer may have offered if on their own.
Who decided 94% was the magic number?
Because more than 3 parties were interested, we did end up getting our full asking price...not a bidding war, but close.
So negotiations can depend on many different things. jackie
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Jackie & Larry Duff
The Village of Hemingway
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