What are you seeing in the percentage differences between listed and sale prices on average?

Asked by Angie, Portland, OR Mon Dec 8, 2008

This question is about this property: http://www.trulia.com/property/1068465271-17860-Crestline-Dr…

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Dallas Texas, Agent, Dallas, TN
Mon Dec 8, 2008
Every home for sale has its own criteria on how to submit an offer. Your sales offer can be what you feel it correct however you dont want to push the listing agent and seller way shut down communications. Your buyers agent can assist you.
Web Reference:  http://www.lynn911.com
1 vote
Ron Ares, , Portland, OR
Mon Dec 8, 2008
In general, if you want to see actual list price vs. final sale price for all Lake Oswego properties, the agents at the PropertyBlotter ( http://propertyblotter.com/category/market-activity/ ) write a weekly summary of such data. They track the original list price, not just the last listed price. Helpful information.
Web Reference:  http://www.repdx.com
0 votes
Kelly Gebler, Agent, Portland, OR
Mon Dec 8, 2008
Hi for the 3rd time Angie! :) You picked a 3rd amazing property! And I believe I answered your question about the differences between listing and sale price in this area in my answer to your posting on the 2nd property.

This property has kind of an interesting history. There was originally a home built in the 70's that sat on this acre. The property was sold for $899,900 in 2005. The current owner/builder apparently tore the original home down and built this amazing estate that now sits there. The new home went up for sale for $3,100,000 in October of 2007. They lowered the price to $2,900,000 for awhile this past July, and then raised the price to $3,300,000 this past October. The builder is living in this home currently while it's up for sale.

Let me know if I can help further or you'd like to go see this one. We can set up a tour to look at all 3 if you'd like.

Kelly Gebler
Real Estate Broker & Residential/Commercial Loan Officer
Commonwealth Group & Sunset Mortgage Co.
Ph: 503-516-1637
Email: LetUsGuideYouHome@comcast.net
0 votes
Scott Slocum, , Fort Myers, FL
Mon Dec 8, 2008
I have worked with several buyer this year and what I have found to work the best is to do a CMA (Certified Market Analysis) on the property prior to placing the offer. This will give you a good idea of what similar homes have sold, gone pending sale, and remaining active on the market rank and compare to the property you are interesting in buying.

This should also show you the % change between list and sale prices on the similar comparable homes.

Scott Slocum, REALTOR®
Licensed Real Estate Broker Associate
Florida Future Realty, Inc.
2816 Del Prado Blvd South Unit 2
Cape Coral FL 33904
Direct: 239-340-1384
0 votes
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