I am looking at a house that was listed at 345,000 in February and has since been raised to 360,000 this month Why would a realtor raise the price of this house when no other homes are selling and everyone else is dropping their price?. (Location:Suffolk County NY)
So wht kind of offer would you put on this house if you were interested?
Just a guess, but the sellers (or maybe the agent) weren't seeing much action at $345,000, even though they think that's a reasonable number, and they can't go significantly lower. They're wondering if people searching for homes similar to theirs are searching in a higher price range--say $350,000-$400,000. They're concerned that there might be some buyers searching that higher price range who they're missing.
Just a guess...
There have been no updates on the house since it first listed.
I've seen the same houses go up and down in price just to stay on the hotsheet each month.
Dare to be different?? This has been a widely acclaimed tactic, specifically in the entertainment industry, to draw attention to one's own agenda.
It does not matter what the seller asks, ultimately the buyer deteremine selling price. If you like a home make an offer and take it from there.
Henry
917-497-0729
You would have to ask that particular Realtor the reason behind that; there could be a lot of reasons.
If it is new construction, pre-construction prices are usually lower and then go up as the house is built. Sometimes a house is priced as is and a seller does some major improvements...price should go up.
Didn’t find what you were looking for? Ask a question!
|
|
|
|
|||||||||||
|
|
|
|
|
|