I saw another house sell for more on my street.
That is very possible. However, you need to look at all the factors:
Was the house the same size? Larger homes tend to sell for more.
Was the property in the same condition? Take an unbiased look at your property through the eyes of a buyer. Does it need work? When was the last time you made updates? A remodeled home will always sell for more than one that needs repairs and/or updating.
Did it sell on the MLS with a Realtor? That seller paid real estate commission, closing costs, probably spent money to make repairs or updates, and possibly paid for the buyers closing costs.
Was the home vacant? A vacant property is easier to sell, because it can be sold to an owner occupied buyer or an investor. A tenant occupied property can only be sold to an investor if the tenant still has a valid lease.
In short, remember to compare apples to apples. While another home might have sold for more, remember to take into account the money that seller spent in real estate commission, closing costs, repairs, and other costs. These fees add up to tens of thousands of dollars. Many times, you will be putting the same amount of money in your pocket at the end of the day when you work with us, with a lot less hassle. Everybody wants less hassle in their lives, right?
