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.
Home Improvement Scams In tough times, scam artists seem to come out of the woodwork, and some of the biggest scams right n… Make Your Cookouts Healthier It’s the summer grilling season. So, here’s how to make your cookouts better and healthi… Don't Be Fooled By Your Food Are you being fooled by your food? A lot of foods you might think are healthy may actually be making… Cheer for Chocolate! “It’s sinful!” “It’s my biggest vice!” To hear some people talk … Got a dinner party coming up? If so, here are some tips on how to be the classiest host or hostess in your circle of friends--We f… Advice to Help You Sell Your Home The housing market has been on a downward spiral for the last five years and it’s not getting … Allergy-Causing Culprits That Are Inside Your Home Are you sneezing your head off in your own home? Don’t be surprised. According to Jacquelyne F… Superfoods That Pack a Big Nutritional Punch Want to eat healthier? It’s easy if you chow down on a few superfood favorites of world-renown… Here's What You Need to Know if You Want to Throw a Party Are you ready to par-tay? Well, if you’re ready to throw your own bash – whether it̵… Fruits and Vegetables Aren’t as Nutritious as They Used to Be Here’s something that surprised me: Fruits and veggies aren’t as nutritious as they used… Your Home May Be Contaminated With Deadly Toxins Your home may be your castle, but your castle could be contaminated with deadly toxins! So, here… Check Out of The Supermarket Faster, and With More Money Left in Your Wallet Here’s some intelligence for your next trip to the grocery store: How to check out faster and … Go ahead and grab a venti latte with an extra shot while we go over this next subject:Caffeine We crave it – we guzzle it – we rely on it to get us through boring meetings. But is it … Dips That Could Ruin Your Waistline Beware of the appetizer table at a holiday party! That’s because some party dips can be loaded… Would You Buy a Haunted House? For more and more people, the answer is “yes.” According to AOL News, there are even par…
What’s Love Got To Do With It? Do you know what it takes to keep a couple together?… How to Boost Your Mental Muscle! Food Synergies To Get Healthy The right combination of foods can help you lose weight, prevent cancer and even lower your risk of … 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.'… Some Social Networks Encourage Eating Does Heart Disease Run in Your Family? Preparing For Flu Season Here is what you need to know to combat the flu.… Words of Wisdom from Dr. Oz Does Parental Favoritism Exist? Most parents try to hide their preference, but how do kids feel about parental favoritism?… Do TV Shows Encourage Teens To Be Mean? Watching shows with your kids and asking questions can help to train them to think critically so the… Are Older Medications Better Than Newer Doctors often recommend medications that are presented to them by drug reps that work for pharmace… The Benefits Of Drinking Green Tea Green tea contains powerful antioxidants and is good for your heart.… 2 SIMPLE Germ Remedies Two quick and easy remedies to keep you safe from germs that cause colds and bring on other types … The Benefits Of Drinking Green Tea Green tea contains powerful antioxidants and is good for your heart.… How Well Do You Click With Other People?