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Orange County Home Sellers - Do You Know How Your Property Is Being Marketed On The MLS?
Today, while researching properties for a buyer I came across a listing that piqued my interest.  The reason I decided to look further at this particular property is that it was priced at nearly double the asking price of any property in the development.  The description suggests that the property is "A Must See" and that needs to be taken literally rather than figuratively...Why?  Sadly, after 34 days on the Multiple Listing Service there is "No picture available".  Here's what prospective buyers of this property saw on MLS:
GREAT REMODELED UNIT; NEW KITCHEN, BOTH BATHROOMS, NEW FLOORING, NEW PAINT, NEW WINDOWS, --- A MUST SEE !!!!!!! 3 LARGE BEDROOMS, MASTER BEDROOM WITH PRIVATE BATHROOMS, 2 BATHROOMS, PRIVATE PATIO, ---------------------- A MUST SEE !!!!!!

In today's market, people rarely sell because they want to.  There is typically a need that causes them to put their property on the market.  It may very well be that this seller needs the price they are asking.  But it would be very surprising that anyone would even look at this property that appears to be so overpriced.  Even if someone decided to look at it and make a full price offer (pretty much a long ... more

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