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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Funny, as the house/situation I previously discussed in this thread is just this.
Randomly chosen listing price, no comps to justify, and for whatever reason the sellers are going with it.
I'm thinking the agent is a family member, friend, or possibly sees the sellers as gullible and is being very controlling...