Thursday, November 15, 2007

Someone's going to be pissed at their agent

Remember 411 Iliana? The house that's sat on the market at $998k for over a year? The owner took the house off the market, relisting it under a new MLS the next day, giving them a new DOM. The price on the new listing was still $998k, but five days later, they got an offer, and it closed on the 11th! The final price? $983,000!

The seller finally found their sucker. I can't believe it. I have to admit, I'm in total shock on this one. The house was nice, sure, but this buyer just guaranteed that if they want to sell, it's going to take a near miracle to unload it quickly, or at least a hefty price cut. I wonder if the buyer knew about the house's history? Do they really believe that house just came on the market? Did their agent ever bother to bring up the fact that they might have some negotiating room? Gosh, I wish I could talk to these people, I'd love to know the story.

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