The Owner is No Longer In Charge

I pay attention to details in neighborhoods I frequently, especially real estate signs. I notice when a house in my neighborhood or one nearby goes up for sale. I often look up the listing online to learn more about the house. And to watch how prices are trending in my future comparables. If you’ve ever sold a house, the price is largely driven by what nearby houses have sold for. Anyway, a house was put up for sale by owner. The owner was hopeful that they could save the 3% seller’s agent commission and handle the work themselves. Less than a week later the sign was replaced with one from a real estate firm. Usually that means they realized that the 3% is totally worth it for someone else to do the work.

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