My neighbor, who owns the adjacent lot, is considering a cash purchase before the home is publicly offered. How should I address pricing and commission concerns with both him and my realtor?
Have you thought of asking your realtor to get a clear market appraisal first? It might help smooth out the conversation about pricing and commission. I’m curious—what’s your plan for keeping everything transparent?
It is important to establish a clear and fair baseline determining the value of your home before initiating any sale conversation with your neighbor. In my experience, relying on a professional appraisal helps prevent potential fallout from subjective pricing debates and eliminates room for misunderstandings. I would advise you to let your realtor handle the groundwork by coordinating with an independent assessor. Keeping all parties informed about each step ensures transparency and might ultimately safeguard both your interests and that of the realtor’s commission.