A Northern Michigan waterfront home on Cathead Bay sold for $650,000 after the sellers waited for the right offer instead of accepting a quick $550,000 listing price. Patience added $100,000 to the final sale.
$100,000 difference in sales price. That's what this comes down to. Right now I'm out at one of my listings, just sold. It will close officially on Monday. Beautiful waterfront piece of property, Cathead Bay. And when I first began working with these sellers, the highest price that I could justify for a relatively quick sale was an asking price of $550,000. We just sold it for $650,000. Why is that? Because my seller said, hey, we don't need to do a quick sale. We want to maximize value. We want to get the most and the best offer that we possibly can, and we're willing to be patient for that right price. And that patience paid off in a big way. They're going to get $100,000 more. You only get a chance— you only get one chance to sell the property, so Think about maximizing the value and talk to an agent that's going to put your interests first.
