I have my home listed and the REALTOR has found a buyer. My contract is past inspections and is scheduled to close in 2 weeks. The problem is a buyer came to my door and has offered to buy my home for more money. How can I get rid of the contract and my REALTOR so I can pursue the higher offer?

Question: I have my home listed and the REALTOR has found a buyer. My contract is past inspections and is scheduled to close in 2 weeks. The problem is a buyer came to my door and has offered to buy my home for more money. How can I get rid of the contract and my REALTOR so I can pursue the higher offer?
John F. from Olathe, Kansas


Answer: First, it will cost you some money, but I would contact an attorney. Since you are past the buyers inspections and are set to close, an attorney maybe your only way out. In the end, you may not have gained much for going after the higher offer. And who knows if the higher offer buyer will actually close. 


You run the risk of being sued by the buyer, buyer's agent and your listing agent so I hope the 2nd offer is significant. 


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Wyncroft Subdivsion Real Estate Stats in Olathe, KS. - It is a good time to sell in Wyncroft!

Wyncroft Real Estate Market Stats

Wyncroft is a subdivision In Olathe, KS.

As I review the the Wyncroft Subdivision market statistics for the past 6 months, 12 homes were listed for sale, 5 homes were sold and 2 homes are currently under contract. The average sales price in Wyncroft Subdivision was $202,650 and the subdivision saw a price range variance of $188,000 to $214,000.  If you'd like to know the reasons behind the broad range of values, find us at www.dowelltaggart.com, for an overview of the process we use to determine the value of your home.

The Wyncroft Subdivision is located in Southeast Olathe Kansas and is served by the Olathe School District. Many of the homes in the Wyncroft Subdivision were built from the 1988 through 1996. Wyncroft is a popular Olathe, Kansas subdivision and is located near dining, shopping and park amenities and near access to I-35 highway in Olathe.

As an example, when comparing the 2 Active listings in Wyncroft to the 12-month sales rate in the community, there’s a 1 month supply of inventory currently on the market. This means that Wyncroft is in a seller's real estate market. A neutral real estate market is defined that when the real estate inventory takes 4-6 months to sell. A sellers market is defined when the real estate inventory takes less than 4 months to sell and a buyers market is when inventory takes longer them 6 months to sell. With the current market is is a good time to sell a home in the Wyncroft Subdivision.

More Wyncroft Real Estate Stats:

The average current list price in the Wyncroft Subdivision is of $214,700. The list price is above the 6 month average sales price. Unless the active homes have superior features, the homes may be overpriced.  

The average home in the Wyncroft Subdivision sold for $202,650 in 55 days.

The highest priced home in the Wyncroft Subdivision sold for $214,000.

If you’re thinking about a move to or from the Wyncroft Subdivision or another area of Olathe, Kansas, would you prefer to review your real estate objectives with an amateur or a professional? When you'd prefer a professional opinion, let's talk....

Buying A Home In Wyncroft

Selling A Home In Wyncroft

Relocating to Olathe, Kansas?

Wyncroft Subdivision real estate states supplied by the Dowell Taggart Team of RE/MAX Best Associates. Your Olathe, KS. real estate specialist!

Real Estate Stats pulled from Heartland MLS deemed reliable but not guaranteed; Check the post date for relevancy; Stats cover approximately the past 6 months of real estate market activity.

Let us know what you think or add to our blog by writing a comment.

Blog post written by the Dowell Taggart Team of RE/MAX Best Associates

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