I think the owner is changing prices in the wrong direction 🤷♀️
Hot home!! Redfin expects this home to sell faster than 95% of homes in the area.
Would you say the same thing about negotiating your salary up 30%?
We're all greedy. Ain't nothing wrong with that 🤷🏻♂️
Press that X toolbar button and move on.
It’s panic price discovery. Greed on both sides of the transaction. Properties aren’t moving unless they’re well priced.
It’s called market economics. Buy a clue.
If that is greed what is it called when they get offers above asking?
I often see it with homes in my area. It goes on the market for 2m a month later it’s 2.5m usually it gradually drops to 1.5 in 100k chunks with in a year until it’s either sold or pulled off the market. It’s almost like people read articles about crazy market and willing to sell only if they get x for it otherwise they don’t really have the need to sell.
Well, it was very low to begin with.