Eureka! A place to brainstorm my headaches. I'm trying to decide on an accurate price to sell my house. My problem is I'm hearing from two different camps on what the price should be. The real estate agent I talked to first started telling me I would be lucky to get my money back at 120,000 and was really pushing to not list more than 135,000. Before I listed a week later I had an offer of 140,000 just by word of mouth. That deal fell through but afterwards I asked the gentleman who made the offer what he thought of my house compared to others since he had been shopping. He told me if it were his from what he had seen, he would start at 175,000. My neighbor down the road, who does mortgages is kinda telling me the same thing. I suspect the truth lies somewhere in the middle. For some reason I'm getting the impresssion the real estate agent has mercenary reasons for trying to talk me into selling cheap. I also think the other camp is a little out of line on their high figures. My property is kinda on the desirable side. I live in the fastest growing area in the U.S. and I have a house on the lake with a slip and a lake view-something everybody moving here wants and there's very little of. So what I'm trying to make sure of is that I'm not deluding myself one way or the other. Any tips on what to watch out for and how to come to a reasonable decision? I'm one of those people who consider 10k in equity a whole lot of money.
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