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Reply to "can realtors manipulate the comp reports? "
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[quote=Anonymous][quote=Anonymous]I did meet with 2 different realtors who presented me with comps and suggested $200k difference in listing price. ($1.6M v $1.8M). The first one who offered a lower comp said, "hey, if you want to list it at $1.8, I'll list it at $1.8" but the second realtor really did her research and could articulate why she felt confident she could sell it at $1.8 based on other house sales. She also knew the specific neighborhood better - had more sales in the neighborhood, so I listed with her for $1.8, and it sold for $1.875.[/quote] Wow, this is eerily similar to our situation. One realtor pulled the right comps and justified $1.8. Another pulled bs comps - location and other factors for comps were clearly inferior - and suggested $1.6 but said they could do whatever we wanted. I think the second realtor was hoping for a quick, easy sale. [/quote]
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