Rus he had a listing on Chapalita in Encinitas recently. Comps were in 500’s and perhaps a bit higher and he listed at 360k. I would imagine the bidding pushed the home into the 400’s if not 500’s. He has another current listing in Southpark and the comps are I believe in the high 200s if not 300s and he priced it at 220k I think.
All his listings do get put on the MLS.
So yeah the listings that I know of do get bid up. As far as REOs getting priced right I agree that most of them do indeed get priced correctly but in his case they seem to get priced exceptionally low.
I compare him to like Earl Gervais who seems to get ALOT of REO properties and Earl doesn’t price as aggressively, but he still does price well and his homes also do get bid up.
