Reply to Avenel- Is there something wrong?

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[quote=Anonymous]Potomac realtors also are not doing their sellers any favors. We sold a house in Potomac and I was surprised when my realtor wanted to list the house much higher than I thought it was worth based on the comps. She was adamant that if we priced low people would think something was wrong with the house. I regret taking her advice because the house sat on the market forever, got into the slow/dead season and then sold for less than if we had priced it right in the spring/summer.

This happens all over Potomac. I think its a combination of local realtors not wanting to accept the reality of the market and not representing their clients well. Since they get the commission anyway. I have heard that they don't want to advertise lower prices to other future sellers. They want to send out the mailer to everyone in the area showing they have a 1.4M-2M listing so they can get more high end listings.

If they listed lower and in line with the market/comps, they would move the houses faster. 
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