A Holiday Treat Has Come Early This Year….
32% of the 37 sales that closed this month in Washington Park sold at or over asking. Many buyers have said they don’t want to be in a bidding war however, they are not easy to avoid. The good news about these competitions is that the house was likely priced a little under the top value to start with so going a little over isn’t so bad. The bottom line is that a buyer needs to know value and be willing to pay the value rather than getting too hung up on the asking price. In my opinion, understanding value is one of the major benefits to using a Realtor who is knowledgeable about the area.