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Old 04-13-2015, 07:17 PM
64 posts, read 113,896 times
Reputation: 83


I saw a discussion of something like this in another thread, but I can't seem to find it in a search. I've read dozens of threads for research in recent days.

I've been looking at some rental properties around Carlsbad on Realtor.com, and I noticed that the property details of a couple of listings mention a "Low Price" and a "High Price" under "other property info". In one case, there is a dramatic difference between the two prices, while the other is more modest but still a potentially difference maker.

Is this simply some sort of historical indicator, or what does this Low Price vs. High Price distinction mean? Does it mean there is potential flexibility based on lease terms?

As a separate question, I know that some properties in the area are listed at a price range rather than a fixed asking price. We noticed this when picking up a sales flyer for a particular home.

This was explained in the other thread that I found, but I don't recall the details. Why are some properties listed with a price range rather than a firm asking price?

Thanks in advance for any assistance or explanations.
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Old 04-13-2015, 07:42 PM
Location: Laguna Niguel, Orange County CA
9,809 posts, read 9,386,959 times
Reputation: 7946
It is gobblygook. I am not as familiar with the rental ads. But in the context of sales, the buyer wants the lowest number to be lower than that; the seller would like his fantasy price of XX so he lists it that way. During the last bubble in San Diego County, I used to see "seller is willing to entertain offers between xx and xx" for this exquisite home (located in a crap areas with bad schools, high crime, etc.). This charming (money pit, old, bad electrical, plumbing will get stuck), spacious (under 1800 square foot), updated (crap granite counters on top of builder grade oak cabinets) home boasts a wine cellar blah blah blah.
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