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06-23-2018, 11:44 AM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,870
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Quote:
Originally Posted by tagjr1
The developer "hates" resales because they take away buyers from his business. Yes, the VLS will do 5% if you list and buy thru them, but they refuse to negotiate otherwise! When we listed our home thru VLS at the suggested list price it was slow to show. We realize that we were 10k overpriced and adjusted accordingly and finally saw some action. One of our neighbors had their house on the market thru MLS, and during an open house they overheard a VLS agent telling his clients that if they liked this floorplan/house, he could sell them a new house for less. He was asked to leave immediately! The developer hates competition!
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Might it be possible the VLS agent encouraged you to list your home $10K too high so that VLS agents could first show your home to buyers, then steer the buyers to the new homes they are motivated to sell by the developer, new homes which might then appear to be a "bargain"?
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"No one is more hated than he who speaks the truth." Plato
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