this post was submitted on 15 Sep 2024
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You will sell for whatever buyers are ready to pay for it, buyers don't need to know how much you're losing to the agent, they want to know how much is coming out of their pockets and if they can afford the associated mortgage. People don't sell their house to be charitable, they sell their house and try to maximize profit, if there's less going to an agent it just means more going to the seller.
Hell, just look at the prices on direct sales vs with agents, people always overestimate the value of their property when selling by themselves.
You won't sell at all if it doesn't meet your minimum cash in pocket amount.
If you need to move you need to move, you'll sell it for however much you're able to get. If you're not in a rush and you're able to get 420k when selling with an agent that's the price you'll try to get by selling it yourself.
Again, look at direct sales, prices aren't lower than with agents.