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Reply to "I am not a fan of REDFINS HOT HOME here is why"
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[quote=Anonymous]I also think the "hot home" designation has something to do with the price (not just how many favorites/tours/etc) as sometimes houses come on and are basically instantly designated a hot home. I have been seeing houses designated as "hot homes" that have clear, significant problems and where the list price does not adequately reflect those problems (in other words, if the house was in good condition/not located right next to the highway/etc. it would be a great deal -- but given the specific characteristics of the house, it's not a great deal and often is overpriced). And then they sit.[/quote]
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