[quote=DWCAP]”Actual value”. Nice. Value is what people will pay, not what you think your house is worth cause that is what you want for it. Good to see the bubble mentality is alive and strong.[/quote]
I just sold my home in 2 days because I priced it “just right”. I got a fair price – not too low, not too high.
I see others listing their homes at 10%+ more than they’re really worth. Then the home lingers for 90+ days, people start wondering “what’s wrong with it??” and THEN they DO have to drop the price below market.
Sellers are stupid. You want to build up buzz – the “this won’t last!” mentality.