I’m waiting for the day that the realtors start talking to sellers like they used to talk to me when I was looking in San Francisco at what were starter homes in the $650,000 range.
To Buyer: “If you are serious you need to bid at least $100,000 over, not so serious then $50,000”
To Seller: “If you are a serious seller you should take the first $100,000 below asking and if you’re not so serious you can hope for a $50,000 below asking”