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Reply to "What did you do as a seller if appraisal came in low"
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[quote=Anonymous]I'm confused. Judging by the way the OP wrote his comment, it sounds like the comps might not support a very optimistic price in favor of the seller. On the other hand, there are bidding wars in many areas in the 800k to 1 mil range. I can say this though - in 22301 (del ray), 22302 & 22305 (rosemont) and 22046 (downtown fc), I haven't seen any pattern of bidding wars in the price range. In fact, most, but not all, of the million dollar houses for these zip codes have sold for less than list price. Having said that, there has been a lot of competition in these zip codes for houses under 800k.[/quote]
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