Who Got the Better Deal?
Finally, there were the sellers who were told by a few Realtors that their home was worth approximately $1.7m. They decided to list for $1.85m and sold for $1.75m. I heard they felt the price was too low. and I’m sure the buyers felt they got a great deal because they paid $100,000 less than list. In fact, the opposite was true – the sellers were the ones who got the great deal and the buyers paid too much because they paid more than fair market value.