Home › Forums › Housing › Help Me Understand. What is the logic behind a large asking price spread? › ask any realtor. Price
ask any realtor. Price spreads NEVER work.
Never ?
WRONG.
It depends on the market. I sold in 2005. Advertised at price range of 780-840K. Sold for 820K in 20 days.
There was nothing else on the market in the area between 650 and 900K, so we really didn’t know what the market might bear.