Anonymous
04/26/2024 17:51
Subject: can realtors manipulate the comp reports?
Sorry not sorry I don't trust any of them anymore and yes they can very easily manipulate the comps in trying to sway sales and offer price points.
Anonymous
04/26/2024 16:45
Subject: can realtors manipulate the comp reports?
Was getting ready to make offer current realtor sent total bs comps called them out and got a second set of bs comps. They think we are all stupid I guess!
Anonymous
04/26/2024 15:33
Subject: can realtors manipulate the comp reports?
Anonymous wrote:? Just run your own search on redfin by sq footage, number of bedrooms, and bathrooms, and click through the listings to what you think is similar.
I don't understand why realtors would lie when comps are easily searchable by anyone with half a brain and a minute to spare. If you find different comps, have a conversation about it.
Because most people won't do their own research. It's mind boggling to me, but even smart, educated people frequently don't do this.
Anonymous
04/26/2024 15:31
Subject: can realtors manipulate the comp reports?
Anonymous wrote: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.
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.
Anonymous
04/26/2024 14:48
Subject: can realtors manipulate the comp reports?
all the time!
Anonymous
04/26/2024 13:49
Subject: can realtors manipulate the comp reports?
? Just run your own search on redfin by sq footage, number of bedrooms, and bathrooms, and click through the listings to what you think is similar.
I don't understand why realtors would lie when comps are easily searchable by anyone with half a brain and a minute to spare. If you find different comps, have a conversation about it.
I don't understand why realtors would lie when comps are easily searchable by anyone with half a brain and a minute to spare. If you find different comps, have a conversation about it.
Anonymous
04/26/2024 13:35
Subject: can realtors manipulate the comp reports?
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.