Donald Mituzas,
Agent, Katonah, NY
Perhaps the price was too low to start with and after getting numerous offers they decided to increase the price. I've seen that a number of times in the past.
Don
http://www.nyhomeseller.com
Don
http://www.nyhomeseller.com
Larry Tollen,
Broker, Durham, NC
It could be for any number of reasons. As Shanna suggested it may be a short sale, it may be that the Sellers did some work and decided to rasie the price and as ridiculous as it may sound, some sellers simply decide after not selling it for awhile that the way to get it sold is to raise the price. I personally know this to be absurd, but have seen it happen many times over the nearly 25 years I've been a Broker. You didn't include a link to the property you're asking about so none of us really no what property you're talking about.
Web Reference: http://www.NCHomesbyLarryT.com
Shanna Rogers,
Broker, Murrieta, CA
Hi lilnitaj,
Is this a short sale? If it is, the seller's lender(s) may have done a Broker's Price Opinion or Appraisal and raised the price due to the original list price being too low (not current market price).
Shanna Rogers
SR Realty http://www.RealtyBySR.com
Is this a short sale? If it is, the seller's lender(s) may have done a Broker's Price Opinion or Appraisal and raised the price due to the original list price being too low (not current market price).
Shanna Rogers
SR Realty http://www.RealtyBySR.com
