greed: The High Price of Greed
- 01/03/10 06:33 AM
This is more important with regard to real estate than ever, so listen up: Understandably, I have seen more than the usual number of new listings lately come out at unrealistically high prices. It's understandable because a) every seller wants to get the highest possible price for his house, b) feels his house is special (that's why he bought it), c) may have gotten used to shortcomings in location, lot size, floor plan, etc, d) and, in a slower market, is tempted to measure his house against others for sale in the neighborhood. Reality check: none of those reasons are valid, (0 comments)