Reply to Agent urged us to underprice our house now we regret it

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So, you have just one offer at, say, 700k, but you think you would have been better listing at 800k?[/quote]

Yeah I’m confused. If you only have 1 offer at the low price it stands to reason you would have 0 offers at the high price. [/quote]

Welcome to the world of DCUM where the rules of economics do not apply.

Where the industry standard for home improvements is X amount but DCUM will gladly pay 4 times that amount and insist that is what it has to be or you are a fool.

Where you can put your house on the market and expect 50K to 100K over asking even if only one person looked at it.  Where you can reject and offer and 90 days accept an offer 100K over asking (what kind of idiot buyer is that???)

Where you can buy a home, do ZERO improvements, and put it on the market 18 months later at 200k higher than what you bought it.

A world where buyers will buy an expertly staged piece of crap home with no usable kitchen, with no kitchen cabinets, and a claw foot tub with no shower - because it looks good.

A world where every buyer bought there house for a steal when the market was low and/or had amazing negotiating tactics (there is a dichotomy here that does not fit, but who cares)

Also, everyone on DCUM is infinitely wealthy with 2 million dollar homes, believes that there are no starter homes, you must drive luxury cars and those that don't are riff raff, etc.

I read these threads and am shocked by the lack of common sense and wonder are these people that run our government and legislate?  Because it very much sounds like are government's budget.  But these people can continue on their merry way while the rest of us, build retirements, pay off all our debt and retire young-ish because we were not so foolish about money.

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