Quote:
Originally Posted by marnold
I sell real estate and sometimes when a house isn't getting any activity, you raise the price. It works.
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I'm not saying that's untrue, I just don't see the logic. If you raise the price and someone buys it, isn't that just pure chance? The buyer didn't know what the price was previously.
I totally understand if "raising the price" also means re-listing it, thereby making it appear as brand new to the marketplace instead of a house that's been on the market for months and months. I'm no real estate agent so I'm sure you know more than I do, but it seems like there'd be multiple factors involved.