Norminn wrote:
dpb wrote:

Bill wrote:

Listen to the advice of the real estate agent. They know what will
sell and what will not and why.

...

That's good up to a point--remember the agent doesn't really care that
much about your bottom line; all they're _really_ after is a quicker
sale. Consequently, they're more than willing for you to spend money
that won't actually get returned to you simply to make the property
more attractive. So, it's a tradeoff between what is cost effective
versus time to judge what is best overall.

The agent wants a higher selling price - could care less what the return
for the seller is.

"...remember the agent doesn't really care that much about your bottom
line; ..."

Isn't that what I just got through saying?

IMO most agents are still more interested in more commissions (sales)
than a (very) slightly higher commission on fewer, particularly w/
mid-level properties. The difference in commission on a $20/30k premium
just isn't so significant compared to getting the base commission
earlier and moving on. If the seller chooses to do more it doesn't
really hurt, but beyond the time frame, the increase in asking price is
really a second-order effect.

Talk about $1M+ properties where could be $500k price differential, then
the dynamics begin to change...the extra cash is enough to be worth
waiting around a while for.

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