Interesting this thinking about a home being priced lower because there is no commission involved. The value, is the value, is the value no matter who sells it. I can promise you an appraiser does not take into consideration whether or not a commission is being paid. Some sellers will reduce their price because they are saving the commission and the buyer obviously benefits from this; however it should be priced at exactly what it would be priced if a REALTOR listed it.
I am closing on a home I sold myself on June 30th. I can tell you I sold it for more than TV sales agent said I should list it for. They price them as low as they can get away with it for a quick sale 'cause they want to move them. FYI - it appraised for $2000 more than the contract price which is about $10k less than TV suggested price.
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