[quote=fredo4]Relisting properties doesn’t bother me. It’s just kind of pathetic.
Most people looking to buy a house can see immediately if a house is relisted because they’ve been looking at listings for a while– so it doesn’t fool anyone.
Another really obvious tactic is when you see people take the house off the market for a while and then relist it a much higher price so that they can then suddenly drop it steeply to the original listing price.
These are pretty desperate times. I don’t understand why realtors don’t advise their clients to drop their prices to below the comps in the neighborhood to give them a chance to sell. Maybe they do and their clients are just too stubborn to listen. Better to dump the house now and make a little bit of money or to cut losses then to have it stuck on the market forever.[/quote]
Amen.
You have no idea how many times I have had that very conversation.
You also would not believe how many times being that blunt cost me a listing.
These days I try to be a bit more nuanced in how I describe the situation.
