Urgent -Selling my house with inexperienced agent...help!

[Yadira Gutierrez]

Hello BP Community,

I gave my house listing to a relative that is a rookie.  Long story. No, cant get rid of him. He is under an experienced broker though. And I must say I have been very detailed so far; however, I am still having doubts about the whole transaction.

House was placed on the market 2 weeks ago and I have 3 offers so far. One way low (that I rejected and the lady showed up at the house to question me why I did not counter-offer, priceless!), one at listing price and one above listing price. 

However, I see other properties going higher in my  neighborhood but he wont agree to up the price of my house cause those do NOT compare or because the appraisal wont be good. He is rushing me to make a decision about an offer that I am not completely sure I understand or that I am doing it right.

I do not know if that I am getting those "good" offers because the house is priced under market value or, if I am just having luck and should jump on it right away.

I have questioned him and of course I get the script from his broker.

At this point I need a third party for guidance. No other agents would get involved at this point so I am (once again) asking for BP masters for help.

Would an experienced agent help me with some basic advice of things I should make sure he does and things I should not do?

THANKS!

Yadira

[Russell Brazil]

If it appears that the over asking offer can close then I would take that offer before it disappears.  The things you have mentioned that make you doubt your agent actually make me think they know what they are talking about. If you are looking at properties that are not good comps, and he is concerned about the appraisal, that shows me that he has done his homework.  Getting the highest offer isnt always the best....who cares if someone offers you $25k more, but needs to finance the house, and then the house doesnt appraise and you need to lower the price to the appraisal price anyways.