R Butter, Other/Just Looking in 27525

What is the current "sell price as % of asking Price" for Henderson, Norlina, Louisburg, NC area?

Asked by R Butter, 27525 Mon Dec 15, 2008

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2
The whole Las Vegas area for May was 99.46% of list price. Henderson might be higher.
0 votes Thank Flag Link Fri Jun 24, 2011
Hi,

thanks for asking. I should say it depends. Not all realtors are well educated with the market. Some Realtors priced the single family home higher than what it can sell for and some which are price right right get multiple offers. I ran comparables what sold in the area (remember each area is different) and if it is close to the price per square foot that sold recently, that is the realistic offer I advise my client. Most banks send BPO's (Broker price Opinion) and if it is far from the present market condition, it is a waste of time. I should say if priced right, it shoud say within 5-10% of the asking price, you can bid for and it is that rpice range it will sell for. It saves a lot of frustraton on the buyer it is the realistic price you advise her to bid. If it is way overprice, I won't touch it and let it the owners sits on her property until he/she gets to reality.

Rose Sulistio
0 votes Thank Flag Link Tue Mar 1, 2011
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