What Does This Mean?
Started by technologic
over 15 years ago
Posts: 253
Member since: Feb 2010
Discussion about
So I have my eye on this apt, and this is how its been going. Listed with 3rd tier realty company for 749K. Sits on market 90 days, delisted. Relisted with Corcoran for 699K. 30 days and 2 open houses later, price back to 749K. Whats going on?
It sounds like you've been priced out forever.
No, no, I have zero interest in purchasing this apt. I have just been watching it out of personal sick real estate obsessed curiosity.
Better than alanhart who is sickly obsessed with defending other peoples laundry discussions.
Understand why homeless people wear winter coats in the middle of summer and you shall have your answer.
disorganized behavior. pretty spot on.
they realized ppl won't buy with a discount at least on paper?
hey tin tin, you're the one bringing up laundry on multiple threads. it actually was relevant in that thread as the op mentioned it was one of her considerations for buying.
haven't seen you offer anything relevant or substantive. piss off.
they wanted to generate good response during open houses and they did at $699K. the owner, not internet savy enough to realize what they did until offers started coming in at $650K. told corcoran to suck an egg and it's right back where it started. that's my guess.
I have 2 thoughts: either (a) their open houses went really good and they are realizing they low balled it and so now are raising price; or (b) they are going with that nutso strategy of "if you can't sell it, raise the price" so as to make it seem others lowball offers are more what they wanted.
Thoughts?
Their true target selling price is ~650k-700k. When the listed at 700k, people bid 600k-625k (if there were bids). They raised the price back up to get someone to bite.