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But My Neighbor's House is Going to Sell at Full List Price
But My Neighbor's House is Going to Sell at Full List Price
If I had a nickel for every time a real estate agent heard that on a listing appointment, I would have an oasis of a back yard.  Pool.  Composite deck, partially screened.  Stamped concrete patio.  And don't forget the hot tub.  Oh...and landscaping.  I'd probably have a lot left over to put toward fun trips to...like the fantasy land these neighbors are living in.
Whenever a real estate agent hears from a potential client, be it buyer or seller, how good a deal their buddy or neighbor got, we internally roll our eyes.  If it's a seller, they lied to by inflating their sales price.  If they are a buyer, they lied to you by decreasing the amount they paid.  No one wants to be perceived as a loser.  So no matter what your friend or neighbor told you, VERIFY IT.
The last listing appointment I was on where someone was telling me that their neighbor was going to sell at full list price, which would have been a record high in the neighborhood, I suggested that perhaps their neighbor was stretching the truth.  Just about every seller does ... more

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