Reply to I think the bubble is popping.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]More insanity?? They couldn't sell it for $1.35M, so they [i]raised[/i] the price to $1.5M...still couldn't sell it...so they [i]raised[/i] the price to $1.75M?!?!

[img]https://i.ibb.co/qr4tBCJ/Screen-Shot-2021-06-23-at-1-04-26-PM.png[/img]

Oh...and just for the agents...$25K bonus!! Who gives a **it about the buyer!

[img]https://i.ibb.co/ZKXzdmT/Screen-Shot-2021-06-23-at-1-04-51-PM.png[/img][/quote]
They are offering the buyers agent an additional $25k bonus to encourage their clients to make an offer? In most industries this would be called a kickback.[/quote]

This house has been on the market for years at different listing prices and people post about it a lot on here.  I recall one point where they were asking over a million, then around $850k, then back up.  I live kind of near here; there was a whole article in the post about the construction of this house, and I can’t imagine what it will take to sell it.  The $25k thing is weird but I imagine it’s because they have tried everything else to sell it.  I would not use this house as an indication of any broader trend anywhere.[/quote]
Well aware of that. The insanity is that they [i]raised[/i] the price when it sat on the market for years at a lower price. The $25K "kickback" won't come close to cover, what they're asking.[/quote]

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