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"List your home with the The Highest Bidder"



Why do most people list their home with the REALTOR who suggests the highest price? 

There are 3 goals every seller wants is to sell at the highest price, in the least time, 
with the least inconvenience to them. A lot of owners list with the REALTOR who puts the highest price 
on your home, will this person be able to get you the highest price? Of course you hope so !
If this person believes that the house will go for this price, then he or she will be 
much more enthusiastic about getting the higher amount. 

Unfortunately, it usually doesn't work this way. Realtors don't 
decide what your home will sell for; buyers make that decision. The proper role of
the REALTOR® is to search the real estate market and present you with a realistic market
analysis based on other home values that are similar to yours. 

The Buyers are the ones who will decide what they think your home is worth. How do they come up with a
figure? They compare your home to other homes on the market and its features with other homes they inspect and 
they also receive market information on recent sale prices. As buyers go through 
this learning process, they become quite knowledgeable about home values and are
usually able to recognize a property that is obviously overpriced. 

There is an old adage in the real estate business that refers to those brokers 
who give sellers an overpriced home. This practice in known as, "buying the
listing." This phrase simply means the listing was obtained, not on the merits
of the REALTOR, but rather by appealing to the tendency of all sellers
to want to hear a high value put on their property. 

SUGGESTION: Don't make the error of listing your home with the highest bidder.
If you find that one REALTOR prices your home significantly higher than other
estimates, something is wrong. In order to be sure that you are making a proper
pricing decision, be sure to ask for actual written market information regarding 
recent sales so that you may price your home competitively from the outset.