Quote:
Originally Posted by zarrell
Numbers aside I'm just interested in seller's ,buyer's and realtors experiences with over priced property. I'd probably do the same thing in this market.
|
just remember that in this market there are tons of places for sale that are above market value. People are listing just to see if they can get lucky and reel in a sucker. Those people don't really need to sell and aren't going anywhere or are just renting the place out and can sit on it for the next 10 years of they feel like it. Big difference between someone that's listing because they need to sell and people that list just to see if they can get lucky. That's why it's a hot market but while some places sell in a matter of hours, some places have been listed for years and are still not sold because they hugely over priced but the seller has no interest in negotiating or selling at a fair market value. TBH if I was a realtor I'd refuse to waste my time with those types of listings.