listing price: Can we eliminate Listing Price?
- 12/01/10 04:08 AM
What is listing price? It’s a suggested purchase price of an item and more specifically real estate in this conversation. Is it important? Absolutely, in the “normal” market but in today’s world at least in my area not so much. 1. You have short sale listings that are listed way below comps just so they can receive any offer just so they can open negotiations with a bank. The listing agent knows that bank will not approve this contract because comps don’t support that. 2. You have bank owned listed below comps so they can receive multiple offers so they can ask for best offer which (1 comments)