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AK.
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July 14, 2009 at 11:07 AM #430260July 14, 2009 at 11:09 AM #429527
UCGal
Participant[quote=5yearwaiter][quote=Zeitgeist]Yes, I have noticed some enticing lower offerings and when I called there were 30 offers on the property. This has been happening for about the past month.[/quote]
Well if they have plenty of offers I don’t understand the logic in lowering the listed price. Does it looks like confusing? What I am suspecious is the next news would be worst with unemployment spread and eventually FED would give up slowly to care more on housing as they need to gear up on how to provide or increase more employment ONLY[/quote]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.
July 14, 2009 at 11:09 AM #429746Participant[quote=5yearwaiter][quote=Zeitgeist]Yes, I have noticed some enticing lower offerings and when I called there were 30 offers on the property. This has been happening for about the past month.[/quote]
Well if they have plenty of offers I don’t understand the logic in lowering the listed price. Does it looks like confusing? What I am suspecious is the next news would be worst with unemployment spread and eventually FED would give up slowly to care more on housing as they need to gear up on how to provide or increase more employment ONLY[/quote]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.
July 14, 2009 at 11:09 AM #430038Participant[quote=5yearwaiter][quote=Zeitgeist]Yes, I have noticed some enticing lower offerings and when I called there were 30 offers on the property. This has been happening for about the past month.[/quote]
Well if they have plenty of offers I don’t understand the logic in lowering the listed price. Does it looks like confusing? What I am suspecious is the next news would be worst with unemployment spread and eventually FED would give up slowly to care more on housing as they need to gear up on how to provide or increase more employment ONLY[/quote]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.
July 14, 2009 at 11:09 AM #430107Participant[quote=5yearwaiter][quote=Zeitgeist]Yes, I have noticed some enticing lower offerings and when I called there were 30 offers on the property. This has been happening for about the past month.[/quote]
Well if they have plenty of offers I don’t understand the logic in lowering the listed price. Does it looks like confusing? What I am suspecious is the next news would be worst with unemployment spread and eventually FED would give up slowly to care more on housing as they need to gear up on how to provide or increase more employment ONLY[/quote]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.
July 14, 2009 at 11:09 AM #430265Participant[quote=5yearwaiter][quote=Zeitgeist]Yes, I have noticed some enticing lower offerings and when I called there were 30 offers on the property. This has been happening for about the past month.[/quote]
Well if they have plenty of offers I don’t understand the logic in lowering the listed price. Does it looks like confusing? What I am suspecious is the next news would be worst with unemployment spread and eventually FED would give up slowly to care more on housing as they need to gear up on how to provide or increase more employment ONLY[/quote]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.
July 14, 2009 at 11:12 AM #429532Zeitgeist
ParticipantI concur. Some of them appear to be “Teaser prices”.
July 14, 2009 at 11:12 AM #429751ParticipantI concur. Some of them appear to be “Teaser prices”.
July 14, 2009 at 11:12 AM #430043ParticipantI concur. Some of them appear to be “Teaser prices”.
July 14, 2009 at 11:12 AM #430112ParticipantI concur. Some of them appear to be “Teaser prices”.
July 14, 2009 at 11:12 AM #430270ParticipantI concur. Some of them appear to be “Teaser prices”.
July 14, 2009 at 12:17 PM #4295675yearwaiter
Participant[quote=UCGal][quote=5yearwaiter][quote=Zeitgeist]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.[/quote]Is there any way that we can also know how many offers are existing and what is the highest bid etc?
July 14, 2009 at 12:17 PM #429786Participant[quote=UCGal][quote=5yearwaiter][quote=Zeitgeist]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.[/quote]Is there any way that we can also know how many offers are existing and what is the highest bid etc?
July 14, 2009 at 12:17 PM #430076Participant[quote=UCGal][quote=5yearwaiter][quote=Zeitgeist]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.[/quote]Is there any way that we can also know how many offers are existing and what is the highest bid etc?
July 14, 2009 at 12:17 PM #430146Participant[quote=UCGal][quote=5yearwaiter][quote=Zeitgeist]
The logic is that people will go look at a house if the price is within the range… and then they fall in love with it and bid it up. The sellers are gambling that a bidding war will drive the price higher than the listing price.[/quote]Is there any way that we can also know how many offers are existing and what is the highest bid etc?
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