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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Hank who wrote (46400)12/30/2005 6:02:00 PM
From: London BrianRead Replies (1) of 306849
 
I don't understand why people are so happy when their home sells the first day on the market.
If I advertised anything for sale and the first person to see it bought it, I would have to think that the price was to low.
Any store in town could sell all it's goods in one day but only if the price was low enough.

The book Freakonomics talked about how Real Estate agents keep their own homes on the market LONGER than average and sell them for more.
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