So since our buyer's deal fell through on her house, she has been having a hard time getting her house sold. We've given her until May 28th, and if she has nothing by then we are walking away from our purchase (without our deposit) and taking our house off the market. Three agents stand to lose commission on this whole mess. Her agent's strategy is to take the house off the market and relist it $3,000 less than what it is currently listed at (the price they plan to drop to will not put her into a new search bracket). Is there any benefit in doing this? To me it just seems like they are wasting valuable time until they can get the new listing up and running. Why is this better than a straight price drop?
azzalea
Northlut
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