Are people who are selling their homes justified in threatening the general public with an increased asking price for their house when they are forced into listing with a realtor?
I don't get it.
Today on Craigslist, the owners of a home in Royal Oak threatened us all that this was the last chance for us to buy their house privately, in their words "LAST CHANCE - We will be listing with a realtor next week and the price will be going up!"
I saw this same scenario play out earlier this year. A private house sale in Atkins was listed on Craigslist and UsedVictoria. They started at one price, lowered it after a while, then threatened that they were going to get a realtor. It didn't sell, they then listed with a realtor for their latter asking price. It still didn't sell, they lowered the price. It did finally sell, I believe for less than any of their asking prices.
What makes a home seller think that if their house does not sell privately for a certain price, that it will sell for a higher price when listed with a realtor? What makes the seller think that I may not be willing to buy their house at today's price, but I will buy it tomorrow at the realtor's higher price? Who these days, when buying a house, is not looking at Craigslist, UsedVictoria, and the TC on their own time?