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Author: millerpim Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127801  
Subject: Re: Do I take the offer? Date: 5/23/2005 5:29 PM
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My realtor has dropped one percentage point off her sales commission of 7% down to 6%. I am countering at $185,000 and am considering accepting if the buyer will come up to that figure.

Who is representing the buyer? Your Realtor? If so, she can drop another point -- trust me on this.

What are the average days on market for your neighborhood? In my area, expensive homes in good neighborhoods often sit 4 to 5 weeks before an offer comes in. What do the comps for your house show? Have comparable homes sold at $200,000 and, if so, how long did it take them to sell?

All those factors, coupled with your motivation for selling, will determine whether $185,000 is acceptable to you.

elizabeth
National Relocation Realtor
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