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Reply to "Shaming Scummy Realtors"
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[quote=Anonymous][quote=Anonymous]In California houses are routinely listed for $100ks less than they sell for. It’s a pricing strategy as people bid and actually often over pay in the frenzy to escalate pricing. [b]The markets are here are pretty efficient; if your house is listed $400k below its “value”, buyers will bid it up.[/b] But if it was renovated in 2014, it’s probably a 30-40 year old home — hardly a good vintage and that renovation is worn and dated. $1.2M might be accurate in our new post-DOGE endless govt shutdown DMV. [/quote] Maybe. But some lazy scummy entitled realtors just want the easy path to a commission and win whether or not there’s a bidding war. It’s very easy for the low-priced home to get scooped up by a buyer represented by the selling brokerage where it never really had a chance to be seen broadly. Especially true if the broker encourages you to leave the house unstaged and basically as is.[/quote]
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