Sara, Please view the sample forms on http://www.mi-living.com/
Michigan laws require the listing agent (working for you) to present all offers. If the offer is for one dollar, it must be presented. You are able to instruct the agent that you will not accept offers below xxx dollars. Please keep in mind that you and your agent do not dictate what a home is worth. The market dictates that value of your home. With the current glut of foreclosures on the market in Wayne County homes are selling way below their 2006 values. And, because we are in a declining market appraisers and lenders are being extra cautious when valuing a home. Chances are, you will not get what you want for your home in the next two years.
So, now you must make a business decision. And business decisions must be made upon facts. Do you need to sell your current home in order to purchase something new? Are you downsizing to a smaller home? Moving out of the area? Need a larger home? Each scenerio requires a different decision because there are different facts involved.
In your question, Who sold the most homes in Wayne MI in the past year? Keith is correct in his response. I suggest purchasing a booklet entitled "Who's the Best Person to Sell My House?" it's less than 10 bucks and outlines questions and criteria you should use when selecting a real estate professional. After all, if I'm selling 20 dollar bills for 15 dollars how many would you buy? It's the same with homes. Just because one person sold the most homes does not mean the sellers received the most money. You should require all agents you interview to show you their List price to Sale price and Original Asking Price to Sale Price ratios. These show how much sellers received compared to their asking price.
When inquiring about Days on Market, you need to also ask about Total Days on Market for homes in Wayne. As of this morning the Average Sold Price:$66,153 Average Market Time: 112.57 for all homes sold in Wayne MI during the past 90 days. This is from the day they were placed in the Multiple Listing Service to the Day an offer was accepted. There will be an additional 14-30 days to closing.
If you have more questions feel free to ask.