Quote:
Originally Posted by SkunkWorks
Absolutely.
Yes it's a free market. Doesn't mean seller isn't a time-wasting douche however.
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Takes alot of effort to sell as well. Even more so, if you stage your place (this is not cheap and time sensitive ). Take time to clean up, get family away etc. And the up and downs of pricing and negotiating. Also, the risk if you put down too low in a bidding war that does not work. Then your house or place gets nothing but low ball offers later since it sat for a while. Real sellers, will also have a place they want to buy as well. So the pricing game is very important. Hence why you see lower then normal pricing, so the seller has options and more offers . Whether is lower or higher, they can decide on what to do. Where as if you price it at what you THINK or WANT then it can sit, while the place you want gets taken.
I do not think, people will just their place up for the hell of it. If the place is even half decent that is. If its a shit hole, or tear down. Yah, I can see people wasting time and testing the waters.