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Mark Webber
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Mark Webber answered:
Candee:
Although the sale price is running within a few percentage points of the listing price (95-96% of list price) that can be a little misleading. Current list prices may have already been reduced from the original list price of a property (example: Home was originally listed for $200,000 but has had two price reductions in the past 3 months and is currently listed at $180,000. If it sold for $175,000, that would be about 98% of the current list price but would only be 88% of the original list price).
There are other factors that also influence the sale price ration to list price like seller concessions, financing incentives, etc.
If you have any other questions, please do not hesitate to contact me. Thank you.
Mark Webber
ERA Tradewind Real Estate
720-291-9812
mkwebber@msn.com
Although the sale price is running within a few percentage points of the listing price (95-96% of list price) that can be a little misleading. Current list prices may have already been reduced from the original list price of a property (example: Home was originally listed for $200,000 but has had two price reductions in the past 3 months and is currently listed at $180,000. If it sold for $175,000, that would be about 98% of the current list price but would only be 88% of the original list price).
There are other factors that also influence the sale price ration to list price like seller concessions, financing incentives, etc.
If you have any other questions, please do not hesitate to contact me. Thank you.
Mark Webber
ERA Tradewind Real Estate
720-291-9812
mkwebber@msn.com
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