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Old 11-10-2009, 11:29 AM
 
4,288 posts, read 7,383,465 times
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Maybe some of the resident RE agents here could clue me on something. Recently there was a price reduction on a home for $1.00. No you are not seeing things. That is 1 dollar. Is there a method to this?
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Old 11-10-2009, 11:34 AM
 
Location: I'm gettin' there
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Ha !! I am no REA but yeah I have seen this happen not at a $1 level but by $100.
And then they would decrease the price by $100 every day so that it will show up in the "Price Reduced" list on all the real estate engines....
This way your house will be on that list for more than 6 months if you are dropping your price by 20K.
Not sure if its a smart strategy, as I really got sick of it seeing it everyday on my list
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Old 11-10-2009, 02:46 PM
 
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It is a way for the listing to show on Price Changes, a daily report we (RE agents) receive.

It is dumb, frankly.
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Old 11-10-2009, 02:50 PM
 
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Quote:
Originally Posted by HomeFinder15 View Post
It is a way for the listing to show on Price Changes, a daily report we (RE agents) receive.

It is dumb, frankly.
I see that. So at $1 per day, if I wait for a few hundred thousand years, I'll get 100,000 off the listing price.
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Old 11-10-2009, 02:54 PM
 
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Originally Posted by thebobs View Post
I see that. So at $1 per day, if I wait for a few hundred thousand years, I'll get 100,000 off the listing price.
Actually, at $1 per day, you'd only have to wait 274 days!!!
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Old 11-10-2009, 02:56 PM
 
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Originally Posted by HomeFinder15 View Post
Actually, at $1 per day, you'd only have to wait 274 days!!!

Oops you're right. Better go back to math school.
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Old 11-10-2009, 03:00 PM
 
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Originally Posted by thebobs View Post
Oops you're right. Better go back to math school.
I'd better go back to see Sr. Miriam in typing 101--- I meant to type 274 YEARS, not days!!!!
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Old 11-10-2009, 03:13 PM
 
Location: I'm gettin' there
2,666 posts, read 6,639,225 times
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Quote:
Originally Posted by HomeFinder15 View Post
Actually, at $1 per day, you'd only have to wait 274 days!!!
LOL... after reading this I was a little confused ....

Quote:
Originally Posted by thebobs View Post
Oops you're right. Better go back to math school.
After reading this I was totally confused !!.... I had a feeling I was missing something very basic...

Quote:
Originally Posted by HomeFinder15 View Post
I'd better go back to see Sr. Miriam in typing 101--- I meant to type 274 YEARS, not days!!!!
You have instilled back a little confidence in me now !! LOL !!
Now I need to go to school to revisit the habit of reading the whole thing before jumping to conclusions.
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Old 11-10-2009, 03:41 PM
 
4,288 posts, read 7,383,465 times
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Originally Posted by zulu400 View Post
LOL... after reading this I was a little confused ....



After reading this I was totally confused !!.... I had a feeling I was missing something very basic...



You have instilled back a little confidence in me now !! LOL !!
Now I need to go to school to revisit the habit of reading the whole thing before jumping to conclusions.

LOL. Ok, after re-reading the posts and this one, I now declare the day officially over for me. I am brain fried.

I just hope I remember my wife's name when I get home.
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Old 11-10-2009, 04:03 PM
 
294 posts, read 803,437 times
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Originally Posted by thebobs View Post
LOL. Ok, after re-reading the posts and this one, I now declare the day officially over for me. I am brain fried.

I just hope I remember my wife's name when I get home.

...just make sure you go home to the right house!
And haven't we made such wonderful use of icons today as well?!?!
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