Quote:
Originally Posted by MrMaxwell
I don't even think that the realtors understand that you've got to do a comparative analysis based on FRESH COMPS. A few years ago 6 month dated or even 12 month dated comps were pretty reliable. Now you have to go by something 1-3 months or better.
People want to look at what everything is listed for. Well, bad news, half of that shit has been listed for that price for months and been sitting there... .. Sigh
Geniuses
|
That's why I based my starting price on recent sales, rather than what people were currently asking. If I'd just pulled a figure out of my ass - what I WANTED - then the property would probably still be sitting there unsold in a month.