Quote:
Originally Posted by Topspinmo
IMO Can demand all you want but seller don’t have Agree or take offer, which could so of that percentage. Also Desperately wanting to get rid of property IMO usually when get property under valued. Good example neighbor died and kids wanted rid of property fast so they unvalued it 40K to sell quickly. Which it did in less than month. What does this do? decrease value of homes in that area.
|
Exactly! We have homes on our street and in our neighborhood that are already listed too low, and are dropping by 40 grand at the influence of their realtors.
The skuttlebutt from neighbors
mock them as being crazy for expecting to find a buyer "at that price."
Granted, it's a Buyers Market, but people are panicing and dropping the price, (instead of by $1000), by 35 and 40 grand, hurting our values, maybe for years to come.