What is the difference between list price and sales price?
Answer: The list price is a seller's advertised price, or asking price, for a home for sale in the Shreveport Bossier City real estate market. It may be an estimate of what the seller wants to complete a home sale. A seller can price a home high, low – which does not happen very often – or very close to what they hope to get.
It is usually a mistake in our local Shreveport Bossier City real estate market to assume a seller's price is too high so the seller has room to negotiate. You should get knowledgeable - acclimate yourself to the local market - know what you are looking for.... be ready to take action.
A good way to determine if the list price is a fair one is:
> Look at the sales prices of similar homes that have recently sold in the area. The sales price is the actual amount a home sells for.
> Check to see the availability of similar homes.
Ask your Shreveport Bossier City MAIN OFFICE® real estate agent professional about current market trends and recent sales in your favorite neighborhoods. They are experienced and will be there when you're ready.