Special offer
Richie Alan Naggar, agent & author  (people first...then business Ran Right Realty )

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763,883
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I like to list my listings on a Thursday as statistics show that peak days on market are the first ten day of a new listing.  This allows two full weekends to fall within this timeframe.  I also like to price the home a few thousand dollars above the expected sales price to create a potential bidding war. I also know that an overwhelming number of buyers expect to make an offer below full price so this leaves room for negotiation.

Feb 16, 2022 10:18 AM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

First...we prepare the house for sale. Anything to "as is" because the seller cannot or will not foot the cost for needed improvements/repairs in order to get the optimum price compared to the property that gets new flooring, counter tops, cabinets, lighting and more and becomes a turn-key buyer magnet.

We price to reflect our professional opinion, with the buyer's agreement.

Then, in the very fast moving market, we list on Wednesday. We hold the house open on the weekend. We set Tuesday, noon, as the offer submission deadline. 

Feb 16, 2022 10:31 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

This depends on the seller, the circumstances, the property, and so much more. I work with what I've got to work with. All homes are priced to sell and priced according to market comps, condition of the home, location, schools, etc. 

The approach varies from home to home but the one constant is exceptional service - going above and beyond for my clients. 

Feb 16, 2022 11:25 AM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Price to sell taking everything into consideration. Do the math, anticipate the possibilities, make a plan.

Feb 16, 2022 11:16 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker


Hi, Richie

 

Doll it up, then price it to sell. 

 

If you are in an exciting Seller's market, and you intend to hold out for multiple offers/bidding war,  list it on say, Thursday, then state in the MLS that all offers will be reviewed on Tuesday at 5:00PM.  Advise showing agents to write that as time for acceptance in the offer.

 

As is, subject to inspections.

 

Market value (what someone is willing to pay) should always trump Appraisal value.  Unless a mortgage loan is involved.

 

Quick close?  Absolutely... what are we waiting for?

 

 

Feb 16, 2022 10:45 AM
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1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It all depends on the house and the seller's needs.  I can connect them directly with investors if they want a quick no-hassle sale and in some cases I may even buy it!  I can connect them with my crews if they want to spend the money to fix up the house.  I can connect them with interior designers, stagers, you name it.  Just depends what their goals are.  Quick sale or maximum profit, or something in between?

Feb 16, 2022 03:07 PM
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Greed is hurting both sellers and listing agents. I always say condition and location dictate value and how a home should be sold. 

Feb 16, 2022 01:39 PM
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

stage it, price to market trend in area, sell it. seems simple to me.

Feb 16, 2022 01:11 PM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Price to market after assessing condition, repairs needed, and attitude of the seller to the circumstances. No one size fits all.

Feb 17, 2022 03:55 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Depends on who you are there for? By who I mean why is the agent being hired?
Time
Money
Protection
Knowledge
Profit as different from money

Let me inject a personal observation. A house that sells 30% above list in one day has been represented poorly by the listing agent, UNLESS they circumvented the sand box. Then strategy may have produced a true winner.
I will respond to whatever the client wants and accept, or decline based on what my business needs. There are situations that the only benefit to my business results from a successful sale. That is NOT the best opportunity.
My preferred approach is "Seller will review all offers Monday at 1 PM"

Feb 16, 2022 10:01 AM
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1,543,634
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

My listing strategy is super simple, cut & dry. What complicates it is seller greed, but logic wins 100% of the time, because the numbers don't lie and I'm prepared to say goodbye!

Feb 17, 2022 06:46 AM
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584,631
Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor" RETIRED

All comments here, I agree with. But I only base my strategy (my advice & opinion) upon what my client's needs are and work at getting their wants in as well...

Feb 17, 2022 06:31 AM
Rainmaker
679,404
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

After reading all the responses thusfar, I have to say I agree! A lot of good ideas and ways to GET IT DONE!

Feb 16, 2022 03:41 PM
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901,535
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

All of the above. It depends on the client and the offers coming in. I price based on the comparables knowing it will probably sell for more. Most homes here are going for 5-15% over list price, no repairs and an appraisal addendum. Sometimes a quick close and sometimes a leaseback. I don't think a seller taking the best offer is greed. I do think there is greed but simply accepting the best offer is not. 

Feb 18, 2022 10:39 AM
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

In a brisk market, many list with aspirations of hitting the multiple offer jackpot, closing quick with over-asking offers, while others miss the mark completely and sit. Both happens!

Feb 17, 2022 06:53 PM