Quote:
Originally Posted by OMG!WTF!
I've noticed a lot of places will relist at a much lower price and sell the same day. I think in some cases the only offer they got was way below list so to save stats they relist just to sell closer to the listing price. Happened for sure on the listings I bought this year.
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This kind of thing is why (apologies to our resident Realtor) I look forward to having the data open to the public.
That way the RE Boards cannot obfuscate the stats to show a "healthy" market... the data will be there for all to see - Days on Market, initial asking price, all price reductions, etc.
And, we can get it without being pressured to sign some BRA.