Quote:
Originally Posted by greglepore
Avoiding the agent with an unsupportable listing price is excellent advice, for the reasons above plus the fact that the house needs to appraise if the buyer requires a mortgage. Don't over-fear "underpricing", if the price is low you'll just attract a lot of showings, and in this relatively low inventory environment perhaps even a quick offer above asking, significantly.
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I let my license expire and got out of R.E because this practice was so prevalent. I got tired of walking into a home, showing them the comps I had prepared and explaining why their home was worth what I suggested then having them list with an agent because that agent blew me out of the water on the listing price then the home sells for what I originally said it was worth. I either had to get out or get better at lying to people and I wasn't going to lie to get listings. I'm convinced honesty and ethics have no place in that business.