Definition of List Price:
Listing Price in Orange County:
This listing price is the price of your South Orange County home for sale set by the sellers and the listing agent. If the home is priced correctly from the start, it will not be required to be adjusted downward later on through the listing. However, the list price can be reduced multiple times throughout the life of the listing in the Orange County MLS. The listing price is the price the South Orange County seller wants to get in a best case scenario, if it is a seller’s market it is not uncommon to receive multiple-offers which could actually drive the price of the home higher! If a South Orange County real estate agent is watching price changes closely, they might see homes that their client’s are interested in and this might just be a good indication of how willing a seller may be to drop of their final selling price.