I am just cutting and pasting what mtnbiker wrote:
“However, my realtor buddy still wants me to list the house at a now higher price (that way it is less likely I get an offer) so he can get potential buyers that he can then show other properties to knowing I really do not want to sell.”
Taken in this exact context I have a problem with this sort of behavior. The main reason for listing the home is not to sell the home, rather, for the realtor to get buyers.
For all of the complaining on this post about pricing of homes, unrealistic sellers, and poor behavior by realtors, I find it interesting those same posters didn’t come down and lower the boom on a suggestion like this.
IMO no this behavior is not common practice in the real estate industry, and it is yet another example that reflects poorly on us all.