Zillow Advice: Home Selling - Can I list my house at low price to attract multiple offers? http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ Zillow Advice | Zillow Real Estate we have seen privately owned ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ we have seen privately owned homes in our area pricing their homes to compete with the foreclosures and they have had very good luck with this, multiple offers, sold in under 30days, buyers more prepared to offer full price or above Tue, 17 Apr 2012 20:27:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-17T20:27:00Z Since my house's just been ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ Since my house's just been in the market for 3 days, I may counter offers back while waiting&nbsp; for a few more offers.&nbsp; Will choose the best of them.&nbsp; Thank you very much for all of your comments and advices. Tue, 17 Apr 2012 20:14:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-17T20:14:00Z Take the all cash offer. ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ Take the all cash offer. 8) Tue, 17 Apr 2012 19:51:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-17T19:51:00Z Good luck with the offers! ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ Good luck with the offers! Fingers crossed for you! Tue, 17 Apr 2012 19:44:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-17T19:44:00Z Just counteroffered for the ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ Just counteroffered for the offer of $560K with 30% down payment.&nbsp; I really think the housing market is picking up in San Jose, CA.&nbsp; Another offer will be on the way this afternoon, $550K with all cash. Tue, 17 Apr 2012 18:59:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-17T18:59:00Z It is difficult to say if ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ It is difficult to say if you will get a $580,000 offer from a $550,000, it all depends how much of a bargain will the property be at $550,000 to attract multiple offers.&nbsp; Here in my neck of the woods, for you to get $580,000 the property has to be worth a lot more than that, like $675,000 or so.&nbsp; What attracts multi offers is the feeling that the buyer is getting a bargain, and if he does not offer more, he will lose that opportunity.&nbsp;&nbsp; The best I can tell you, is do your homework.&nbsp; Good luck!!!&nbsp; Mon, 16 Apr 2012 20:54:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-16T20:54:00Z I agree that you really need ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ I agree that you really need to know your market in order to maximize your offer potential. In our area, we are seeing multiple offers on properties that appear to be priced at or under current market value. Mon, 16 Apr 2012 19:59:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-16T19:59:00Z You can list it for that, ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ You can list it for that, but be prepared to sell it at 550k. Mon, 16 Apr 2012 19:28:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-16T19:28:00Z Thanks for all of your comments.&nbsp; ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ Thanks for all of your comments.&nbsp; If I'd like to sell my house&nbsp;for 580K, can I list at 550K? Mon, 16 Apr 2012 19:23:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-16T19:23:00Z The best way to attract multiple ... http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ The best way to attract multiple offers is to under-price the home 10% under market value. This is what investors do that "flip" homes, and it always sells the home fast and many times for the best price.<br/><br/>But you have to know your market. Some areas this might be appropriate, where in other areas you will still get a lot of activity at market value. Price points make a big difference, because the pool of buyers is different. For example, in my area 125-150k is the sweet spot, and anything over 170k we tend to see less buyers at.&nbsp;<br/><br/>At the end of the day your first priority is to attract showings. As far as I know people still don't buy homes off the internet they go look at them first. Without showings it is hard to sell a home. Marketing and a competitive list price accomplishes this. From there you can start to receive feedback on what objections potential buyers may have on why they are not writing offers.<br/><br/>Good Luck!&nbsp; Mon, 16 Apr 2012 17:26:00 GMT http://www.zillow.com/advice-thread/Can-I-list-my-house-at-low-price-to-attract-multiple-offers/439182/ 2012-04-16T17:26:00Z