Its just another one of those agents that price it really low and already have one of their investor buyers lined up to buy it and the only reason it is online is because that's what needs to be done for a bank to approve the short sale.... or they like all the leads they get off the property from it being priced so low and everyone and their cousin is calling on it. Its not wishful thinking they do, its irritating thinking because they do not understand that they are actually hurting the market and comps. Giving buyers a false price which probably will not happen.. and if it does, its for their own buyer.
Hope the bank approves the short sale and then finds out the agent misrepresented the seller and the bank. And the property was worth a lot more than what the agent is saying its worth.