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That's my point - you don't trust them. And shouldn't trust investment banks who get paid on transactions for coming up with a correct price. (Hence you call
by mathattack 11y ago
That's my point - you don't trust them. And shouldn't trust investment banks who get paid on transactions for coming up with a correct price. (Hence you call McKinsey for the 2nd opinion since they get paid on time rather than transaction.)
- brianwawok 11y ago> That's my point - you don't trust them. Actually most people DO trust them. I would eat my hat if 90% of people don't agree to sell their house at what the listing agent suggests.
- mathattack 11y agoFair enough. Maybe I'm just the cynic. The real estate agent trying to sell my Mom's house came up with a dozen reasons on why it should sell for mid-300s. I did the analysis on the same data and came up with mid-400s. We'll see where it lands.
- brianwawok 11y agoYa. Usually what it comes down to is you need to wait. I bet your agents price would sell within a month. I asked for a higher price on my house, and it took about 90 days to turn it over... was worth the wait though, say 15k more in my pocket.