Should you list your Farmington Hills home at a above market price now?
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I had a old client call me last May to sell their Farmington Hills home. At the time they called me they had three foreclosures in their neighborhood. I brought them all the recent sold homes in the area. I figured the max the house would appraise for was $185,000 because most of the homes sold in the low $170,000. The sellers wanted to move quick and sell quick to move to Florida. There was a home they wanted to buy there. They wanted to list it at $250,000. I told them it wouldn’t sell at that price at that time. These Farmington Hills home sellers would have been smarter to sit back and wait to sell their home. But they didn’t want to wait. They had to move now and buy that Florida home before it was gone. They talked to 3 realtors. Two of us told them the bad news about wh...
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