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MrsD06
LIF Toddler
Member since 9/07 478 total posts
Name:
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Sellers RAISING price of a house for sale?
What is up with that, especially in this market??
Example:
the house is originally listed at 495
then goes down to 475
460
450
425
399
comes off the market for a few months
then is relisted at....499
I've seen this a LOT lately
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Posted 10/10/08 10:25 PM  |
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SuzyQ
Mama to 3!?!?!?
Member since 7/06 8069 total posts
Name:
Susan
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Re: Sellers RAISING price of a house for sale?
Seems silly, but I guess they have nothing to lose by trying. Just sounds like a waste because who would pay that much NOW?
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| Posted 10/10/08 10:31 PM |
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KLSbear
LIF Adult
Member since 1/06 1908 total posts
Name:
Karen
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Re: Sellers RAISING price of a house for sale?
That's a big range in pricing, but perhaps they did some extensive renovations to the interior.
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| Posted 10/10/08 10:32 PM |
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Kristin616
Member since 8/06 3595 total posts
Name:
Kris
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Re: Sellers RAISING price of a house for sale?
Posted by KLSbear
That's a big range in pricing, but perhaps they did some extensive renovations to the interior.
I was thinking the same.
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| Posted 10/10/08 10:37 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Sellers RAISING price of a house for sale?
Posted by KLSbear
That's a big range in pricing, but perhaps they did some extensive renovations to the interior.
doubt it
it's a sales thing
I am sure the agent did it
they take the house off the market- and try to start over
bad timing on their part
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| Posted 10/11/08 12:19 AM |
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Sandy55
My family ROCKS!!!
Member since 2/08 1219 total posts
Name:
Sandy
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Re: Sellers RAISING price of a house for sale?
I don't get it! If they didn't remodel, then I guess they're not in a rush to sell.
Or how about when a house goes on the market for $439, and expires....then comes back on the market at $439, and the listing says **Reduced Thousands!!**
What do they think we're fricken dumb or something??
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| Posted 10/11/08 12:35 AM |
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sunnyplus3
:)
Member since 11/05 8749 total posts
Name:
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Re: Sellers RAISING price of a house for sale?
I think people get snowjobed by the realtors sometimes. People are so desperate to believe their house quintupled in value in 5 years, when the new realtor says SURE, I can sell you house for that super high number, they just want to believe it.
Its a waste of EVERYONE'S time.
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| Posted 10/11/08 7:25 AM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: Sellers RAISING price of a house for sale?
Posted by KellyFG
I think people get snowjobed by the realtors sometimes. People are so desperate to believe their house quintupled in value in 5 years, when the new realtor says SURE, I can sell you house for that super high number, they just want to believe it.
Its a waste of EVERYONE'S time.
I totally agree with this. it's probably a new realtor saying "i sold TONS of houses in this neighborhood and I can get that for you... your last realtor just doesn't have as many home sales as i do... yada yada yada..."
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| Posted 10/11/08 8:07 AM |
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MrsD06
LIF Toddler
Member since 9/07 478 total posts
Name:
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Re: Sellers RAISING price of a house for sale?
Posted by Kristin616
Posted by KLSbear
That's a big range in pricing, but perhaps they did some extensive renovations to the interior.
I was thinking the same.
The ones I've seen go down so much in price are usually on the market for a while..6 months to a year. I just don't get it...if you're willing to go down to 399..and it didn't sell at that price....why do you think it would sell for 100k more? Or whatever it is....50k more...25k more.
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| Posted 10/11/08 9:38 AM |
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MrsD06
LIF Toddler
Member since 9/07 478 total posts
Name:
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Re: Sellers RAISING price of a house for sale?
Posted by rkoenke
Posted by KellyFG
I think people get snowjobed by the realtors sometimes. People are so desperate to believe their house quintupled in value in 5 years, when the new realtor says SURE, I can sell you house for that super high number, they just want to believe it.
Its a waste of EVERYONE'S time.
I totally agree with this. it's probably a new realtor saying "i sold TONS of houses in this neighborhood and I can get that for you... your last realtor just doesn't have as many home sales as i do... yada yada yada..."
This is the only thing that makes sense to me, too 
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| Posted 10/11/08 9:39 AM |
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MrsD06
LIF Toddler
Member since 9/07 478 total posts
Name:
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Re: Sellers RAISING price of a house for sale?
Posted by Sandy55
What do they think we're fricken dumb or something??
I hear ya!
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| Posted 10/11/08 9:42 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Sellers RAISING price of a house for sale?
if they couldn't sell it at $399k, how will they pull that off at $499k?  
it's not just less buyers out there now, but if you go to get pre-qualified for a mortgage, if you're even eligible it will be for a lot less than a year or 2 ago!
DH and I qualified for $500K 2.5 yrs ago. I am sure it's no where near that amount now. which is totally fine since we wouldn't need anywhere NEAR that amount!
imagine that... people actually getting approved for what they can afford. it's a new concept! 
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| Posted 10/11/08 10:11 AM |
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imyself
Member since 10/06 2938 total posts
Name:
me
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Re: Sellers RAISING price of a house for sale?
They could have been desperate to sell it before but now are not. So they let the contract expire and relisted with someone else.
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| Posted 10/11/08 4:07 PM |
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