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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
It took us more than a year to find our home, OP, and that was in 2010!

You need resilience and fortitude.

[/quote]

No. She needs more money. PP was right. Bid downmarket. List price is just starting bid. [/quote]
More crock of shit.

List price is just starting bid...IF the list price is significantly below comps. Otherwise list price IS the asking price. Yes, yes, I know the market is crazy right now, where stupid shit like this actually becomes mainstream conversation, but it would behoove any buyer at present to be extremely cautious. There's a reason buyer sentiment for residential real estate is at rock bottom right now.

It's because of shit like what has been posted in this thread (and others).[/quote]

Your view of the housing market is very outdated, like at least 10 years.  But at this point, demand has outstripped supply for many years and the problem has escalated, especially post-recession.  So, now, any house that is in reasonable move-in condition in a part of the region that is at least moderately popular, will most likely sell over list and list is a starting point for competition.

The only houses that fit your description in the last 10 years are houses that have some issues for selling, be it an undesirable location, a traffic issue (busy road, intersection, near rail lines, etc) a house defect, needing a lot of work, etc.  For those houses, list is the asking price.  But what you know as historical RE buying conditions hasn't existed for a long time.  You are doin a disservice to first-time buyers like OP, by telling them to stick to their guns and hope for someone who is selling based on 2005 RE practices.[/quote]

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