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re: Lowering then raising the price of your home

Posted on 9/14/15 at 3:17 pm to
Posted by ashy larry
Marcy Projects
Member since Mar 2010
5568 posts
Posted on 9/14/15 at 3:17 pm to
quote:

he decided to list it with a realtor, and set the list price at 260K (i.e. enough to pay the realtor commission). I laughed my butt off. He ended up selling it through the realtor for 238K.


It's not a bad strategy b/c sometimes people just want to believe they got a deal. The last 3 houses I've sold I overpriced them initially just so I had room to deal. I sold all of them pretty quick and I received more than I originally wanted on two of them.
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