Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the listing or asking price determined?

asking listing price
0
10 Posted

How is the listing or asking price determined?

0
10

YOU DO! Sellers (although they may not realize it) are in total control of setting the listing price. As your Realtor, it is my responsibility to survey the “comps”, evaluate the current local real estate market to determine and suggest a fair asking price. If the seller doesn’t agree, then we’ll usually map out a multi-phased price reduction timeline that will eventually sell the home. It’s important to note that Real Estate Agents & Realtors do not determine the price – buyers do.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123