Yep. A realistic realtor is going to make the difference between sitting on the market for 12 months and 2 months. How they market, how they list, the price they use.... it's now time some of the realtors put in the hard miles on their listings.
My neighbour just listed for 1.2 million. I know for a fact he has less than a million total into his house (it's a year old) and although it's a swanky pad with an insane amount of upgrades, I put his chances of selling in the 0-3% range. There are about 10 other listings in my 'hood that are 800+, and NOTHING is selling. Trying to make a buck is totally unrealistic right now.
Unless you are willing to break even or lose, you're not making money anytime soon in this market. It's not Flip this house on A&E.
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