RE marketing sure has gotten strange. I guess all this worked when there was a buying frenzy. I’ve been interpreting their low end as my high end (i.e. i’ll lowball somewhere and then meet somewhere in between.). Their high is is some made-up number and the range is also equally meaningless.
In fact, if my interpretion is what really happens, the short sale predictions in http://sandiegomarketmonitor.blogspot.com is significantly underestimating the capital loss. From what I’ve seen, it sets the hypothetical sale price as the midpoint between their low and their high.
