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Real Estate
Reply to "Why is this Mclean townhouse not selling? "
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[quote=Anonymous]Hmm. Good question. It is quite small, most of the other townhomes back in that development appear to be larger, but one that is about the same sq footage as this one and about a block over sold for 1.13M less than a year ago. However, I see that one that is much larger and in that same area just a few blocks away (2,037 sq ft) sold this week (with a list price anyway, we don't see the real price online until after closing right?) for 1.06M and a bigger one (2345 sq ft) one block over sold in Oct for 1.1M. So, looks like the sellers or their Realtor didn't get the memo that the market has cooled. My guess is it's the sellers, insisting on that list price, no matter what their Realtor says. You should be able to offer under 1M and be accepted -- but like I said it looks like there may be some unreasonable sellers here. I would offer $925ish? Maybe lowball with $900 to start a dialogue given that there is clearly not a bidding war going on here? But yeah, I wouldn't be surprised if unreasonable sellers are just digging in and wanting over 1M, and that's that. Calls to mind my favorite quote from Forrest Gump: "Wantin' ain't gettin'." [/quote]
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