list price vs actual price

Asked by cherylannh, 15218 Fri Aug 10, 2012

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Jim Olive, Agent, Key West, FL
Fri Aug 10, 2012
There are many professionals in the business that would maintain that List Price (LP) is really only a tool to stimulate interest. For many sellers it is gospel, and they will not sell their property for any other price. The former is a healthier way to think of it, but caution must be taken when establishing an LP...price it too high and no interest will be generated; price it too low and you may be shooting yourself in the foot. In real estate, however, price is everything and all prices should be negotiable. Best of luck whether you're buying or selling...Jim
1 vote
Michele Wils…, Agent, Lake Forest, IL
Thu Feb 7, 2013
List price is what the seller is hoping to get. Actual price is what the buyer is willing to pay and the seller is willing to accept..
0 votes
Virginia Stu…, Agent, Irwin, PA
Fri Aug 10, 2012
Every home has a range of values, not just one value. The listing price should set the top end of the range, but it doesn't always. The actual price will be what the home sells for.
0 votes
x, , Pittsburgh, PA
Fri Aug 10, 2012
List price is what a seller us asking for a home. Actual price is the price that a home sells at closing.
0 votes
Edyta Gryc, Agent, Naperville, IL
Fri Aug 10, 2012
List price is what a seller is expecting to get/sell for. Actual price is what the product was actually sold for. Fe: The seller is asking $100K (list price), the property sold for $90K (actual price).They can be different or the same. I hope this helps
0 votes
Tim Moore, Agent, Kitty Hawk, NC
Fri Aug 10, 2012
If you are asking about list vs selling price you need to contact an agent in the area of interest and ask them as all areas and markets are different.
0 votes
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