How much more is a listing price than what you can actually buy it for from them?

Question

Obviously it's different in different cases, but for example:

A $250k house?
A $275k house?

How much can you usually get off the listing price?

Answer 1

It depends on how motivated the seller is and what else you are asking for.

Some sellers are very motivated and you can expect to get 10% off the price. Some aren't, and will hold out for their listing price or darn close.

If you have a bunch of contingencies and seller concessions, you may need to be closer to the list price.

Answer 2

The listing price is simply an asking price. In a slow market it's pretty common to sell for less than the asking price, but in an overheated market it's common to sell for MORE than the listing price. Sometimes a LOT more. There is no "usual" discount.

Even in a slow market, a property that is priced well below comps may not sell for much if anything below the listing price.

Answer 3

List price is NOT MSRP or invoice price.

Listing price is what they want for the home. The list price may actually be less then value (for a quick sale); or it could be over priced.

You need to have your agent tell you the comps in the area to determine the value. With this information, you can then figure out the price you want to offer.