Fernando
Elite Member
- Joined
- Nov 7, 2016
- Professional Status
- Certified Residential Appraiser
- State
- California
Even now, listing agents still list their homes lower than the made.
It's been like that for at least 15 years.
The list price doesn't really help my appraisal except if pending, I may call the agent to see if he/she will give me the ratified offer.
As an investor, I saw this recently listed price below market (under million dollars) and got me all excited.
Then I thought about it and other buyers think the same and would bid up the price. Would have wasted my time.
I want a good low offer. It's hard to get the rent if home sold over $1,000,000.
It's been like that for at least 15 years.
The list price doesn't really help my appraisal except if pending, I may call the agent to see if he/she will give me the ratified offer.
As an investor, I saw this recently listed price below market (under million dollars) and got me all excited.
Then I thought about it and other buyers think the same and would bid up the price. Would have wasted my time.
I want a good low offer. It's hard to get the rent if home sold over $1,000,000.