If you ever wondered whether your real estate agent pushed a little too hard to close the deal, you just might be right. That's according to a study we read about in Business Week magazine.
Basically, real estate professionals get their commission when the deal closes--And even if they wait for a higher offer, they don't get much more money. Meaning, it's not worth it for them to wait. So, researchers decided to see if they pressured their clients to close too soon.
They compared home sales made by agents for clients, versus the way agents sold their own houses. It turns out - agents did much better for themselves. They kept their own houses on the market roughly 10 days longer, and earned almost 4 percent more on the sale. It may not seem like much, but on a $300-thousand dollar house, that's $12-thousand dollars.
So, what's the fix on this? Before you sell, hire an independent appraiser to value your home. Since they have no stake in whether you sell or not, they'll give you a pretty accurate idea of the price you should hold out for.
Would You Buy a Haunted House? For more and more people, the answer is “yes.” According to AOL News, there are even par… Eat Your Way to a Healthier Life It’s time to eat your way healthy! I’ve got a list of health-boosting foods from the exp… You Could Become A Homeowner Do you have a couple thousand dollars in the bank? If so, you could become a homeowner. According to… Popsicles Are The Latest Gourmet Treat Could popsicles finally be the food trend that pushes cupcakes off their throne? They have all the r… How Green Is Your House? Here’s a little quiz that’ll help you figure out if you’re living in an environmen… When Do You Really Need to Toss Your Food? Here’s the truth behind those “sell by” dates on food. Experts estimate that the a… The Truth Behind These Food Myths We’ve all heard a lot of odd myths about food, like, “Carrots can help you see in the da… Food Myths If you’ve listened to as many nutrition experts as we have, you’ll know there’s lo… Foods That Aren't as Healthy as You Think If you’re trying to eat healthier – that’s great! However, some foods you might th… Which Item on Your Restaurant Table Has More Germs Than a Public Toilet Seat? So, you’re sitting at a restaurant table, trying to decide what to order, surrounded by the us… The Top Five "Worst Foods in the World" Get ready for a list of “The worst foods in the world!” Nothing could get your day off t… Stop Making Excuses About Clutter The average person spends almost an hour each day hunting for items that are lost in clutter. But ge… Here's a Little Food Intelligence About Coffee and Cheerios. My life is centered around two things. My family – and food! So I’m going to answer some… Did you sell your house too fast--Or should you have held off for a better deal? If you ever wondered whether your real estate agent pushed a little too hard to close the deal, you … Here are the answers to all your holiday questions! Here in my hand I have the answers to all your holiday questions!Let's start with the best way to se…
Alcohol & Energy Drink Misconceptions The effects of combining energy drinks and alcohol negate the sedating effect and lead to increased … The Benefits Of Drinking Green Tea Green tea contains powerful antioxidants and is good for your heart.… Easy Way To Cut Calories in Restaurants Starbucks and Subway are both delicious, but… Does Parental Favoritism Exist? Most parents try to hide their preference, but how do kids feel about parental favoritism?… Myths About Food Get More Energy From Your Food How to Boost Your Mental Muscle! Symptoms That Tell You To See Your Preparing For Flu Season Here is what you need to know to combat the flu.… Do You Eat Junk Food? Are Older Medications Better Than Newer Doctors often recommend medications that are presented to them by drug reps that work for pharmace… Troubling Trend: "Over-Prescribing" Drugs To Children More than 1 in 4 children tale psychiatric drugs each day… Don't Buy into the "Fairytale of Weight Loss" Want to lose weight and keep it off? Then don't buy into the 'fairytale of weight loss.'… Is Tuna Safe to Eat? Germs Under Your Fingernails