REAL ESTATE IN 2026
Investing, Buying, Selling or Renting – Here’s how to stay safe and how to do wellby Neil JenmanReading time: Apx 10 mins Let’s have an end of year ‘chat’ about real estate,…
Recently, someone asked John a personal question:
Q: What’s your home worth?
A: John replied: “$1.2 million”.
Q: You sound very sure. Why so sure?
A: Because the house next door which is almost identical to mine just sold at a Public Auction for $900,000.
Q: Well, how does that make your home worth $1.2 million if the house next door – which, as you say, is almost identical to yours – sold for $900,000.
A: Because after the auction I introduced myself to the buyers, my new neighbours, and asked them if they were happy with what they paid – and they said, “Oh, sure, the HIGHEST PRICE we were prepared to pay was $1.2 million.”
Q: So, if you sell your home, will you sell by Public Auction?
A: No way. Auction may get a high price but common sense says they’re not designed to get the HIGHEST PRICE. I want the HIGHEST PRICE when I sell. So I’ll be looking for an agent who’s a skilled negotiator. I want my EXTRA $300,000 thanks!
******************
To comment on this article, please click here.
To contact us, please click here.
To follow Neil on Twitter, please click here.
To visit our Facebook page, please click here.
To read more Articles, please click here.
******************
